Blar i Discussion Papers på forfatter "Jacobsen, Dag Henning"
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The financial accelerator : evidence using a procedure of structural model design
Hammersland, Roger; Jacobsen, Dag Henning (Discussion Papers;569, Working paper, 2008)We find empirical evidence of a financial accelerator using a data based procedure of Structural Model Design. Credit to firms, asset prices and aggregate economic activity interact over the business cycle in our empirical ...