1 “..., which can be very costly for the economy, as shown by the Global Financial Crisis of 2008-09...”

2 “.... But excessively large and risky loans can impair balance sheets and sow the seeds of a financial crisis. Banks...”

3 “.... But excessively large and risky loans can impair balance sheets and sow the seeds of a financial crisis. Banks...”

4 “...We develop a DSGE model with a banking sector to analyze the impact of the financial crisis...”