Survey on Financial Market Frictions and Dynamic Stochastic General Equilibrium Models

Volume: 5 Number: 2 June 1, 2015
  • Madalin Viziniuc
International Journal of Economics and Financial Issues Cover
International Journal of Economics and Financial Issues
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Survey on Financial Market Frictions and Dynamic Stochastic General Equilibrium Models

Abstract

This survey reviews the research regarding the general frameworks used for the specification of financial market frictions in Dynamic Stochastic General Equilibrium models. Within the related literature, financial frictions are considered to be the prime candidates for endogenous amplification of small transitory non-financial shocks. The latest financial crisis has changed a number of macroeconomic paradigms and DSGE models were not left untouched. Pre-crisis macroeconomic models neglected the financial markets due to the fact the most economists considered them to function perfectly. As economic events pointed out the contrary, numerous research papers that tackle this problem are available in literature, therefore, this rapidly growth of literature motivates this survey.

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Primary Language

English

Subjects

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Journal Section

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Authors

Madalin Viziniuc This is me

Publication Date

June 1, 2015

Submission Date

June 1, 2015

Acceptance Date

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Published in Issue

Year 2015 Volume: 5 Number: 2

IZ

https://izlik.org/JA62PK23RN

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RIS / Bibtex
APA
Viziniuc, M. (2015). Survey on Financial Market Frictions and Dynamic Stochastic General Equilibrium Models. International Journal of Economics and Financial Issues, 5(2), 454-460. https://izlik.org/JA62PK23RN
AMA
1.Viziniuc M. Survey on Financial Market Frictions and Dynamic Stochastic General Equilibrium Models. IJEFI. 2015;5(2):454-460. https://izlik.org/JA62PK23RN
Chicago
Viziniuc, Madalin. 2015. “Survey on Financial Market Frictions and Dynamic Stochastic General Equilibrium Models”. International Journal of Economics and Financial Issues 5 (2): 454-60. https://izlik.org/JA62PK23RN.
EndNote
Viziniuc M (June 1, 2015) Survey on Financial Market Frictions and Dynamic Stochastic General Equilibrium Models. International Journal of Economics and Financial Issues 5 2 454–460.
IEEE
[1]M. Viziniuc, “Survey on Financial Market Frictions and Dynamic Stochastic General Equilibrium Models”, IJEFI, vol. 5, no. 2, pp. 454–460, June 2015, [Online]. Available: https://izlik.org/JA62PK23RN
ISNAD
Viziniuc, Madalin. “Survey on Financial Market Frictions and Dynamic Stochastic General Equilibrium Models”. International Journal of Economics and Financial Issues 5/2 (June 1, 2015): 454-460. https://izlik.org/JA62PK23RN.
JAMA
1.Viziniuc M. Survey on Financial Market Frictions and Dynamic Stochastic General Equilibrium Models. IJEFI. 2015;5:454–460.
MLA
Viziniuc, Madalin. “Survey on Financial Market Frictions and Dynamic Stochastic General Equilibrium Models”. International Journal of Economics and Financial Issues, vol. 5, no. 2, June 2015, pp. 454-60, https://izlik.org/JA62PK23RN.
Vancouver
1.Madalin Viziniuc. Survey on Financial Market Frictions and Dynamic Stochastic General Equilibrium Models. IJEFI [Internet]. 2015 Jun. 1;5(2):454-60. Available from: https://izlik.org/JA62PK23RN