Query:
faculty: "FEB" and publication year: "1983"
| Author | S.J.G. van Wijnbergen | | Title | Credit policy, inflation and growth in a financially repressed economy |
| Journal | Journal of development economics |
| Volume | 13 |
| Year | 1983 |
| Issue | 1/2 |
| Pages | 45-- |
| ISSN | 03043878 |
| Faculty | Faculty of Economics and Business |
| Institute/dept. | FEB: Research Institute in Economics and Econometrics Amsterdam (RESAM) |
| Keywords | Economic growth; Credit control; Development economics |
| Abstract | This paper analyzes credit policy in an open economy macro-model incorporating stylized facts about the financial sector of less developed countries. The Keynes-Wicksell growth model is applied in view of the transmission channel of monetary policy into the supply side of the economy via the cost of working capital. This shows a tendency of a credit crunch to be stagflationary in the short run. |
| Document type | Article |
| Document finder |
|
Use this url to link to this page: http://dare.uva.nl/en/record/128615
Contact us about this recordNotify a colleague
Add to bookbag
|