Financial Stability, Macroeconomic Cycles and Complex Expectation Dynamics
The thesis tries to shed light on mechanisms that endanger the macro-financial stability of economies. For that purpose a modeling framework is set-up which allows for cyclical behavior on the macro level and does not automatically enforce monotonic convergence of the dynamics to a stable equilibriu...
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Format: | Doctoral Thesis |
Language: | English |
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2018
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Online Access: | https://repositorium.ub.uni-osnabrueck.de/handle/urn:nbn:de:gbv:700-2018020716589 |