Tobin Lives: integrating evolving credit market architecture into flow of funds based macro-models

After the global financial crisis, there is greater awareness of the need to understand the interactions between the financial sector and the real economy and hence the potential for financial instability. Data from the financial flow of funds, previously relatively neglected, are now seen as cruci...

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Bibliographic Details
Main Authors: Muellbauer, J, Duca, J
Format: Working paper
Published: University of Oxford 2012