Home > Search Results: Michetti, Elisabetta
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Research literature, 1 records found
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30 p, 388.1 KB Chaotic dynamics in credit constrained emerging economies / Caballé, Jordi (Universitat Autònoma de Barcelona. Departament d'Economia i d'Història Econòmica) ; Jarque i Ribera, Xavier (Universitat de Barcelona. Departament de Matemàtiques) ; Michetti, Elisabetta (Università degli Studi di Macerata. Dipartimento di Istituzioni Economiche e Finanziarie) ; Universitat Autònoma de Barcelona. Unitat de Fonaments de l'Anàlisi Econòmica ; Institut d'Anàlisi Econòmica
This paper analyzes the role of financial development as a source of endogenous instability in small open economies. By assuming that firms face credit constraints, our model displays a complex dynamic behavior for intermediate values of the parameter representing the level of financial development of the economy. [...]
2006 (Working papers ; 605.04) - 10.1016/j.jedc.2005.05.004  
Detailed record - Creative Commons

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