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Stock 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:scopusSustainable capitalism: Full-employment flexicurity growth with real wage rigidities
ArticleAbstract: In this paper we present a model of flexicurity capitalism that exhibits a second labor market withPalabras claves:Company pension funds, Employer of first resort, Flexicurity, Solovian growth, SustainabilityAutores:Asada T., Christian R. Proãno, Flaschely P., Greiner A.Fuentes:scopus