Chiarella, Carl Flaschel, Peter Semmler, Willi

Reconstructing Keynesian Macroeconomics Volume 3/ - New York: Routledge, 2014.

Part I Housing Market, Household Debt and Boom-Bust Cycles
1. Boom-Bust Cycles in the Housing Market
2. Income Distribution, Credit Market and Household Debt

Part II Banking Sector and Macro Dynamics
3. The Vulnerability of Traditional Banking
4. The Perils of Broad Banking and Narrow Banking
5. The Instability of Investment Banking

Part III Credit Bubbles, Asset Prices and Monetary Policy
6. Tobin’s q, Investment and the Credit Market
7. Liquidity, Output and Regime Changes
8. Credit Bubble, Default Risk and Asset Pricing
9. Asset Price Volatility and Monetary Policy Rules
10. Financial Stress Regimes and Monetary Policy

Part IV Stabilizing the Financial-Real Interaction
11. Taming Financial Market Driven Economic Fluctuations
12. Stabilizing a Financially Unstable Economy

Part V Higher Dimensional Macrodynamics
13. Higher Dimensional Macro Structure
14. Higher Dimensional Macro Dynamics
15. Numerical Explorations of the Dynamics
16. Uncertain Outcomes in High Dimensional Macro Models and Relevance of Policies



9781315736969


Economics
Finance