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INTERRELATED BANK STRATEGIES, FINANCIAL FRAGILITY AND CREDIT EXPANSION: A POST KEYNESIAN APPROACH [PDF]

open access: yes
This paper aims at clarifying the relationship between individual bank and banking industry behavior in credit expansion. We argue that the balance sheet structure of an individual bank is only partially determined by its management decision about how ...
Gary A. Dymski   +2 more
core  

The New Keynesian Microfoundations of Macroeconomics [PDF]

open access: yes
New Keynesian Macroeconomics (NKM) obeys to the new dogma that macroeconomics should be firmly grounded in First Principles of micro theory. Households are assumed to run an intertemporal optimization calculus with respect to leisure and consumption by ...
Heinz-Peter Spahn
core  

FinTech and financial instability. Is this time different? [PDF]

open access: yesJ Post Keynes Econ
Ioannou S, Wójcik D, Urban M.
europepmc   +1 more source

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