... function of creditworthiness of FIs and goods-producing sectors, nF(st) and nE(st) ; as well as degree of informational friction governedby monitoring technology and standard deviation of ... function of creditworthiness of FIs and goods-producing sectors, nF(st) and nE(st) ; as well as degree of informational frictiongoverned by monitoring technology and standard deviation of ... V., Woodford M. (2010) “Credit Spreads and Monetary Policy, ” Journal of Money,Credit and Banking, 42, 3-35.[10] Fujiwara, I., Hirose, Y., Shintani, M. (2009) “Can News Be a Major Source of AggregateFluctuations?...