Artikel
Confidence and financial crisis in a post-Keynesian stock flow consistent model
The paper aims at showing that one of the main channels by which the US 2007 financial crisis became a real and global economic crisis is the 'confidence channel', i.e. that the financial crisis affected firms, banks and households' expectations and confidence, thus leading to what they were fearing. And I propose to model expectations and the state of confidence of private agents to use the indexes calculated by national statistical services from monthly polls.
- Sprache
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Englisch
- Erschienen in
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Journal: Intervention. European Journal of Economics and Economic Policies ; ISSN: 2195-3376 ; Volume: 08 ; Year: 2011 ; Issue: 2 ; Pages: 361-387
- Klassifikation
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Wirtschaft
General Aggregative Models: Keynes; Keynesian; Post-Keynesian
Macroeconomics: Consumption, Saving, Production, Employment, and Investment: Forecasting and Simulation: Models and Applications
Demand for Money
Interest Rates: Determination, Term Structure, and Effects
Money and Interest Rates: Forecasting and Simulation: Models and Applications
Money Supply; Credit; Money Multipliers
Monetary Policy
- Thema
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confidence
financial crisis
stock-flow-consistent modelling
- Ereignis
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Geistige Schöpfung
- (wer)
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Le Heron, Edwin
- Ereignis
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Veröffentlichung
- (wer)
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Metropolis-Verlag
- (wo)
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Marburg
- (wann)
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2011
- DOI
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doi:10.4337/ejeep.2011.02.09
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:43 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Le Heron, Edwin
- Metropolis-Verlag
Entstanden
- 2011