TY  - BOOK
AU  - Sneessens,Henri
TI  - Financial Intermediation in Macroeconomic Models
PY  - 2017///.
							
N1  - 22
N2  - Modeling financial markets remains one of the main challenges in current macroeconomic theory. This paper summarizes the main difficulties and reasons why financial aspects were not included earlier in macroeconomic models. It describes the main modeling strategies adopted so far, from financial accelerator models to financial intermediation and banking crises. It also discusses briefly different interpretations of the Great Recession.JEL Codes: E32, E44, G01
UR  - https://shs.cairn.info/journal-reflets-et-perspectives-de-la-vie-economique-2017-1-page-117?lang=en&redirect-ssocas=7080
ER  -