central banking and the supply of money and credit

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    Perspectives on marginal crisis risk and leaning against the wind from the capital

    Description The purpose of this paper is to relate the marginal crisis risk of Woodford to a number of financial fragility indicators. The paper expands the interest rate gap approach by considering the capital structure of investments and systemic risk, dating back to Modigliani-Miller. The...
    • jasminepvk
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    • central banking and the supply of money and credit central banks central banks and their policies fiscal policies and behaviour of economic agents fiscal policy household housing macroeconomics andmonetary economics monetary policy public economics
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    • Forum: Wealth Management
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