Working Papers
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A Macroeconomic Model with Heterogeneous Lending Relationships
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Real Effects of Bank Shocks
[pdf]
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Loan-to-Value Shocks and Housing in the Production Function
[CAMA WP 62/2023]
[CASMEF WP 2023/08]
Under Review
-
Credit Shocks, Lending Relationships and Economic Activity
[pdf]
-
Collateral Shocks, Lending Relationships and Economic Dynamics
[CAMA WP 49/2023]
[CASMEF WP 2023/04]
Under Review
-
Credit Shocks, Endogenous Lending Standards and Macroeconomic Dynamics
[pdf]
-
Lending Relationships and Loan-to-Value Shocks
[pdf]
-
Twin Debts, Endogenous Lending Standards and Macroeconomic Fluctuations
[pdf]
-
Steady-State LTV Ratio Matters for the Effects of Macroeconomic Shocks
[pdf]
replaces the previous version titled State-Dependent Effects of Loan-to-Value Shocks
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A Note on Financial Shocks in a Model of Deep Habits in Banking
[pdf]
-
Bank Competition on Collateral, Fluctuations in Credit Conditions and the Macroeconomy
[pdf]
supersedes the previous version titled Shocks to the Lending Standards and the Macroeconomy
Work in Progress
-
Financial Shocks, Endogenous Lending Standards and Macroeconomic Dynamics
-
Lending Relationships and Firm Dynamics
-
Lending Relationships, Loan-to-Value Shocks and Macroeconomic Stability
[slides]