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- W3207699757 abstract "Section 1 describes the model in greater details. Section 2 displays a benchmark model without intermediary frictions and compare the decentralized frictionless model with the social planner’s problem. Section 3 briefly introduces the various numerical solution methods we use to solve the model. Section 4 provides additional results of quantitative analysis. Section 5 compare two cases with high and low investment rates, and we show that the local perturbation method can fail in the case of low investment rate." @default.
- W3207699757 created "2021-10-25" @default.
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- W3207699757 date "2021-01-01" @default.
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- W3207699757 title "Online Appendix for “Macro-Finance Models with Nonlinear Dynamics”" @default.
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- W3207699757 doi "https://doi.org/10.2139/ssrn.3930811" @default.
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