RDP 2011-04: Assessing Some Models of the Impact of Financial Stress Upon Business Cycles
Equation
l
t
=
Q
t
K
t
Q
t
K
t
−
D
t
⇒
D
t
=
Q
t
K
t
(
1
−
l
t
−
1
)
.
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGceaqabeaacaWGSbWaaSbaaSqaaiaadshaaeqaaOGaeyypa0ZaaSaaaeaacaWGrbWaaSbaaSqaaiaadshaaeqaaOGaam4samaaBaaaleaacaWG0baabeaaaOqaaiaadgfadaWgaaWcbaGaamiDaaqabaGccaWGlbWaaSbaaSqaaiaadshaaeqaaOGaeyOeI0IaamiramaaBaaaleaacaWG0baabeaaaaaakeaacqGHshI3caWGebWaaSbaaSqaaiaadshaaeqaaOGaeyypa0JaamyuamaaBaaaleaacaWG0baabeaakiaadUeadaWgaaWcbaGaamiDaaqabaGcdaqadaqaaiaaigdacqGHsislcaWGSbWaa0baaSqaaiaadshaaeaacqGHsislcaaIXaaaaaGccaGLOaGaayzkaaGaaiOlaaaaaa@5529@