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Overconsumption, cbkp_redit rationing and bailout monetary policy: A minskyan perspective
ArticleAbstract: We consider a Keynes-Goodwin model of effective demand and the distributive cycle where workers purcPalabras claves:Booms, Busts, Cbkp_reditor of last resort, Debt default, Mortgage loansAutores:Charpe M., Christian R. Proãno, Flaschely P., Semmler W.Fuentes:scopusStabilizing 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:scopus