Question
This model was defined and named in a series of late 1990s papers that dynamically quantified cash flow to argue that “frictions” in markets cause effects beyond classical predictions. For 10 points each:
[10h] Name this model proposed by Bernanke, Gertler, and Gilchrist to assess how shocks to an economy are magnified by agency costs and market conditions.
ANSWER: financial accelerator [prompt on accelerator]
[10e] Access to this resource is a key component of financial acceleration. Minority groups are discriminated against in the namesake “scores” that gatekeep access to this resource.
ANSWER: credit [accept credit scores; prompt on loans or lending or money]
[10m] Data on credit access and macroeconomic variables may be found at this important macroeconomic database, hosted by the St. Louis Fed. Either the full name or the common four-letter acronym is acceptable.
ANSWER: FRED [or Federal Reserve Economic Data]
<RR>
Summary
| 2023 BHSU @ Berkeley | 03/18/2023 | Y | 3 | 16.67 | 100% | 67% | 0% |
| 2023 BHSU @ Maryland | 03/11/2023 | Y | 3 | 10.00 | 100% | 0% | 0% |
| 2023 BHSU @ Northwestern | 02/25/2023 | Y | 6 | 18.33 | 100% | 83% | 0% |
| 2023 BHSU Online | 04/15/2023 | Y | 4 | 12.50 | 75% | 50% | 0% |
| 2023 BHSU @ Sheffield | 04/15/2023 | Y | 2 | 10.00 | 100% | 0% | 0% |
| 2023 BHSU @ Waterloo | 04/15/2023 | Y | 3 | 13.33 | 100% | 33% | 0% |
Data
| Amartya Senpai Notice Me | WUSTL | 0 | 10 | 10 | 20 |
| Chicago B | Northwestern | 0 | 10 | 10 | 20 |
| Mojo Shojo | Epic Games | 0 | 10 | 0 | 10 |
| Maryland B- | Michigan | 0 | 10 | 10 | 20 |
| Ohio State | Illinois+ | 0 | 10 | 10 | 20 |
| Chicago A | Purdue | 0 | 10 | 10 | 20 |