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Financial crises, bank risk exposure and government financial policy.



Gertler, Mark.

Financial crises, bank risk exposure and government financial policy.

Bibliografía : página 34.

Introduction, 17 ; The baseline model, 18 ; Crisis simulations and policy experiments, 25 ; Conclusion, 33 ;

A macroeconomic model with financial international intermediation is developed in which the intermediaries(banks) can issue outside equity as well as short term debt.

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Crisis financiera.
Política financiera.

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