Listar por tema "Credit money"

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    • openAccess   Endogenous credit dynamics as source of business cycles in the EURACE model 

      Teglio, Andrea; Raberto, Marco; Cincotti, Silvano Springer Verlag (2010)
      The paper investigates the relationship between the amount of credit money in the economy and the variability of output and prices in the EURACE model. First we examine if the decision about dividends payment by the firms ...