2016

Ma, Y., J. Zhang——International Journal of Finance & Economics: Financial Cycle, Business Cycle, and Monetary Policy

时间:2016-10-11
Economists used to think that financial factors are not important in the business cycle, but the 2008 global financial crisis has made it apparent that financial cycle plays a much larger role in macroeconomic dynamics than anticipated. Against this background, economists endeavor to introduce financial factors into macroeconomic models. In this paper, we incorporate financial cycle into a four-equation model to study the linkages and interactions between financial cycle, business cycle and mone
上一篇:Zheng, Z., LA. Zhou, Y. Sun , C. Chen——Review of Development Economics: Executive Compensation and Legal Investor Proction 下一篇:贾俊雪,应世为——《中国工业经济》:财政分权与企业税收激励
32 1981