Financial Fragility and Economic Performance
نویسندگان
چکیده
منابع مشابه
Financial fragility and economic fluctuations
This paper proposes a simple prototype model that describes the complex dynamics of a sophisticated monetary economy. The interaction between the current and intertemporal financial constraints on economic units brings about irregular fluctuations at both micro and macro levels. We use qualitative dynamic analysis and numerical simulations to investigate the interaction between financial fragil...
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ژورنال
عنوان ژورنال: The Quarterly Journal of Economics
سال: 1990
ISSN: 0033-5533
DOI: 10.2307/2937820