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Matches in SemOpenAlex for { <https://semopenalex.org/work/W2183616249> ?p ?o ?g. }

• W2183616249 abstract "We build a DSGE model of housing with a borrowing constraint which binds only occasionally and illustrate that shocks to monetary policy and loan-to-value ratios generate asymmetric macroeconomic dynamics. Volatilities generated by the model diers considerably from the case of a model with a perpetually-binding constraint and hence changes the welfare consequences of monetary policy." @default.
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• W2183616249 date "2014-01-01" @default.
• W2183616249 modified "2023-09-25" @default.
• W2183616249 title "Monetary policy in the presence of an occasionally binding borrowing constraint" @default.
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