搜索结果: 1-3 共查到“理论经济学 financial instability”相关记录3条 . 查询时间(0.111 秒)
We study the emergence of instabilities in a stylized model of a nancial market, when di erent market actors calculate prices according to di erent (local)
market measures. We derive typical propert...
Central Banks as Sources of Financial Instability
CENTRAL banks & banking BANKING industry Depository Credit Intermediation Activities Related to Credit Intermediation
2011/9/26
In this article the author presents an argument to show that central banks have a destabilizing effect on economies rather than the traditional view that they have a stabilizing capacity. The article ...
Spiraling toward market completeness and financial instability
Spiraling completeness financial instability
2010/11/1
I study the limit of a large random economy, where a set of consumers invests in financial instruments engineered by banks, in order to optimize their future consumption.This exercise shows that, even...