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Internal inconsistency in Bernanke, Gertler and Gilchrist (1999)

By Atsuyoshi Morozumi

Abstract

We argue that Bernanke, Gertler and Gilchrist (1999) (BGG) might suffer from an internal inconsistency. The main purpose of this note is to elaborate the nature of this inconsistency problem

Year: 2008
OAI identifier: oai:CiteSeerX.psu:10.1.1.172.5909
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