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Stabilizing an unstable economy: Fiscal and monetary policy, stocks, and the term structure of interest rates
ArticleAbstract: Monetary and fiscal policy measures have been applied in order to avert the financial market collapsPalabras claves:(In-)stability, Heterogeneous expectation formation, Monetary business cycles, Portfolio choice, Stabilizing policy measuresAutores:Charpe M., Christian R. Proãno, Flaschely P., Hartmann F.Fuentes:scopusStock market booms, endogenous cbkp_redit creation and the implications of broad and narrow banking for macroeconomic stability
ArticleAbstract: In this paper we study the implications of the present broad banking system for macroeconomic stabilPalabras claves:Broad and narrow banking, Cbkp_redit creation, financial markets, Macroeconomic instabilityAutores:Chiarella C., Christian R. Proãno, Flaschely P., Hartmann F.Fuentes:scopus