Showing 1 - 10 of 30
Persistent link: https://www.econbiz.de/10001728039
"We analyze financial collapses, such as the one that occurred during the U.S. Great Depression, from the perspective of a monetary model with multiple equilibria.The multiplicity arises from the presence of a strategic complementarity due to increasing returns to scale in the intermediation...
Persistent link: https://www.econbiz.de/10001565889
Persistent link: https://www.econbiz.de/10010457905
Persistent link: https://www.econbiz.de/10012173911
Persistent link: https://www.econbiz.de/10011865533
Persistent link: https://www.econbiz.de/10009125382
Persistent link: https://www.econbiz.de/10000922174
Persistent link: https://www.econbiz.de/10001355804
Persistent link: https://www.econbiz.de/10001203365
Persistent link: https://www.econbiz.de/10011450018