【econ201306】
宏观经济学研讨会
（总第135期）
【时间】2013年4月17日（周三）12：15－13：45
【地点】明主0304教室
【主讲】郭豫媚 中国人民大学经济学院
【主题】credit and banking in a dsge model of the euro area (written by andrea gerali, stefano neri, luca sessa, and federico m. signoretti, journal of money, credit, and banking, 2010)
【摘要】the paper studies the role of credit supply factors in business cycle fluctuations using a dynamic stochastic general equilibrium (dsge) model with financial frictions enriched with an imperfectly competitive banking sector. banks issue collateralized loans to both households and firms, obtain funding via deposits, and accumulate capital out of retained earning. loan margins depend on the banks’ capital-to assets ratio and on the degree of interest stickiness. balance-sheet constrains establish a link between the business cycles, which affacts bank profits and thus capital, and the supply and cost of loans. the model is estimated with bayesian techniques using data for the euro area.
【主持】陈彦斌 教授
人大宏观经济学研讨会（macro workshop）旨在追踪宏观经济学国际最新进展，倡导构建符合国情的动态优化模型，并使用计算机模拟研究经济增长、收入分配和宏观政策等中国宏观经济重大问题。
联系人：陈伟泽 e_mail: sysu2006vc@126.com
更多讲座信息欢迎访问se.ruc.edu.cn，www.yanjiuyuan.com.cn
经济学院
中国经济改革与发展研究院