Towards a new research programme on 'banking and the economy' - implications of the quantity theory of credit for the prevention and resolution of banking and debt crises
The financial crisis has triggered a new consensus among economists that it is necessary to include a banking sector in macroeconomic models. It is also necessary for the finance and banking literature to consider how best to incorporate systemic, macroeconomic feedbacks into its modeling of financi...
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| Format: | Article |
| Language: | English |
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2012-12.
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| Online Access: | Get fulltext |