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    • Business cycle and monetary policy analysis with market rigidities and financial frictions 

      Casares Polo, Miguel Upna Orcid; Deidda, Luca; Galdón Sánchez, José Enrique Upna Orcid (2013)   Documento de trabajo / Lan gaiak  OpenAccess
      We describe a dynamic macroeconomic model that incorporates firm-level borrowing constraints, competitive CES loan production, and rigidities on both setting prices and wages. The external finance premium (interest-rate ...