Can Financial Intermediation Induce Economic Fluctuations?
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Boldrin, Michele & Woodford, Michael, 1990.
"Equilibrium models displaying endogenous fluctuations and chaos : A survey,"
Journal of Monetary Economics, Elsevier, vol. 25(2), pages 189-222, March.
- Michele Boldrin & Michael Woodford, 1988. "Equilibruim Models Displaying Endogenous Fluctuations and Chaos: A Survey," UCLA Economics Working Papers 530, UCLA Department of Economics.
- Allen, Franklin & Gale, Douglas, 1997.
"Financial Markets, Intermediaries, and Intertemporal Smoothing,"
Journal of Political Economy, University of Chicago Press, vol. 105(3), pages 523-546, June.
- Franklin Allen & Douglas Gale, 1995. "Financial markets, intermediaries, and intertemporal smoothing," Working Papers 95-4, Federal Reserve Bank of Philadelphia.
- Franklin Allen & Douglas Gale, 1996. "Financial Markets, Intermediaries and Intertemporal Smoothing," Center for Financial Institutions Working Papers 96-33, Wharton School Center for Financial Institutions, University of Pennsylvania.
- Franklin Allen & Douglas Gale, 1995. "Financial Markets, Intermediaries, and Intertemporal Smoothing," Center for Financial Institutions Working Papers 95-02, Wharton School Center for Financial Institutions, University of Pennsylvania.
- de Meza, David & Webb, David, 1999. "Wealth, Enterprise and Credit Policy," Economic Journal, Royal Economic Society, vol. 109(455), pages 153-163, April.
- Schreft, Stacey L. & Smith, Bruce D., 1997.
"Money, Banking, and Capital Formation,"
Journal of Economic Theory, Elsevier, vol. 73(1), pages 157-182, March.
- Stacey L. Schreft & Bruce Smith, 1994. "Money, banking, and capital formation," Working Paper 94-05, Federal Reserve Bank of Richmond.
- Bruce D. Smith, 1991.
"Interest on Reserves and Sunspot Equilibria: Friedman's Proposal Reconsidered,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 58(1), pages 93-105.
- Smith, B.D., 1988. "Interest On Reserves And Sunspot Equilibria: Friedman'S Proposal Reconsidered," RCER Working Papers 119, University of Rochester - Center for Economic Research (RCER).
- Pagano, Marco, 1993. "Financial markets and growth: An overview," European Economic Review, Elsevier, vol. 37(2-3), pages 613-622, April.
- Roger E. A. Farmer, 1999. "Macroeconomics of Self-fulfilling Prophecies, 2nd Edition," MIT Press Books, The MIT Press, edition 2, volume 1, number 0262062038, December.
- Azariadis, Costas, 1981. "Self-fulfilling prophecies," Journal of Economic Theory, Elsevier, vol. 25(3), pages 380-396, December.
- Grandmont, Jean-Michel, 1985.
"On Endogenous Competitive Business Cycles,"
Econometrica, Econometric Society, vol. 53(5), pages 995-1045, September.
- Grandmont Jean-michel, 1983. "On endogenous competitive business cycles," CEPREMAP Working Papers (Couverture Orange) 8316, CEPREMAP.
- Douglas W. Diamond & Philip H. Dybvig, 2000.
"Bank runs, deposit insurance, and liquidity,"
Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 24(Win), pages 14-23.
- Diamond, Douglas W & Dybvig, Philip H, 1983. "Bank Runs, Deposit Insurance, and Liquidity," Journal of Political Economy, University of Chicago Press, vol. 91(3), pages 401-419, June.
- Stiglitz, Joseph E & Weiss, Andrew, 1981. "Credit Rationing in Markets with Imperfect Information," American Economic Review, American Economic Association, vol. 71(3), pages 393-410, June.
- Rajan, Raghuram G, 1992. "Insiders and Outsiders: The Choice between Informed and Arm's-Length Debt," Journal of Finance, American Finance Association, vol. 47(4), pages 1367-1400, September.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Banerji, Sanjay & Bhattacharya, Joydeep & Long, Ngo Van, 2004.
"Can financial intermediation induce endogenous fluctuations,"
Journal of Economic Dynamics and Control, Elsevier, vol. 28(11), pages 2215-2238, October.
- Banerji, Sanjay & Bhattacharya, Joydeep & Long, Ngo Van, 2004. "Can financial intermediation induce endogenous fluctuations," ISU General Staff Papers 200410010700001827, Iowa State University, Department of Economics.
- Banerji, Sanjay & Bhattacharya, Joydeep & Ngo, Long V., 2004. "Can Financial Intermediation Induce Endogenous Fluctuations?," Staff General Research Papers Archive 10953, Iowa State University, Department of Economics.
- Committee, Nobel Prize, 2022. "Financial Intermediation and the Economy," Nobel Prize in Economics documents 2022-2, Nobel Prize Committee.
- Hasman, Augusto & Samartín, Margarita & van Bommel, Jos, 2014.
"Financial intermediation in an overlapping generations model with transaction costs,"
Journal of Economic Dynamics and Control, Elsevier, vol. 45(C), pages 111-125.
- Jos van Bommel & Augusto Hasman & Margarita Samartin, 2011. "Financial Intermediation in an Overlapping Generations Model with Transaction Costs," LSF Research Working Paper Series 11-8, Luxembourg School of Finance, University of Luxembourg.
- Thakor, Anjan V., 1996. "The design of financial systems: An overview," Journal of Banking & Finance, Elsevier, vol. 20(5), pages 917-948, June.
- Bhattacharya, Joydeep & Russell, Steven, 2003.
"Two-period cycles in a three-period overlapping generations model,"
Journal of Economic Theory, Elsevier, vol. 109(2), pages 378-401, April.
- Bhattacharya, Joydeep & Russell, Steven, 2002. "Two-Period Cycles in a Three-Period Overlapping Generations Model," Staff General Research Papers Archive 10250, Iowa State University, Department of Economics.
- Veronika Dolar & Césaire Meh, 2002. "Financial Structure and Economic Growth: A Non-Technical Survey," Staff Working Papers 02-24, Bank of Canada.
- Beatrix Paal & Bruce D. Smith, 2013.
"The sub-optimality of the Friedman rule and the optimum quantity of money,"
Annals of Economics and Finance, Society for AEF, vol. 14(2), pages 911-948, November.
- Beatrix Paal & Bruce D. Smith, 2001. "The sub-optimality of the Friedman rule and the optimum quantity of money," CERS-IE WORKING PAPERS 0113, Institute of Economics, Centre for Economic and Regional Studies.
- Tomohiro HIRANO & Joseph E. Stiglitz, 2021.
"Land Speculation and Wobbly Dynamics with Endogenous Phase Transitions,"
CIGS Working Paper Series
21-009E, The Canon Institute for Global Studies.
- Tomohiro Hirano & Joseph E. Stiglitz, 2022. "Land Speculation and Wobbly Dynamics with Endogenous Phase Transitions," NBER Working Papers 29745, National Bureau of Economic Research, Inc.
- Tomohiro Hirano & Joseph E. Stiglitz, 2021. "Land Speculation and Wobbly Dynamics with Endogenous Phase Transitions," Discussion Papers 2201, Centre for Macroeconomics (CFM).
- Kokas, Sotirios & Vinogradov, Dmitri & Zachariadis, Marios, 2020.
"Which banks smooth and at what price?,"
Journal of Corporate Finance, Elsevier, vol. 65(C).
- Sotirios Kokas & Dmitri Vinogradov & Marios Zachariadis, 2018. "Which Banks Smooth and at What Price?," University of Cyprus Working Papers in Economics 01-2018, University of Cyprus Department of Economics.
- Sotirios Kokas & Dmitri Vinogradov & Marios Zachariadis, 2018. "Which Banks Smooth and at What Price?," Working Papers 2018_03, Business School - Economics, University of Glasgow.
- Carton, Christine & Ronquillo, Cely, 2008. "Determinantes del crecimiento económico e intermediación bancaria: un análisis empírico para países latinoamericanos [Determinants of economic growth and bank intermediation: empirical analysis for," MPRA Paper 15514, University Library of Munich, Germany, revised 25 Nov 2008.
- Tarishi Matsuoka, 2011. "Temporary Bubbles and Discount Window Policy," KIER Working Papers 802, Kyoto University, Institute of Economic Research.
- Ndikumana, Leonce, 2005.
"Financial development, financial structure, and domestic investment: International evidence,"
Journal of International Money and Finance, Elsevier, vol. 24(4), pages 651-673, June.
- Léonce Ndikumana, 2003. "Financial Development, Financial Structure, and Domestic Investment: International Evidence," UMASS Amherst Economics Working Papers 2003-01, University of Massachusetts Amherst, Department of Economics.
- Léonce Ndikumana, 2003. "Financial Development, Financial Structure and Domestic Investment: International Evidence," Working Papers wp16, Political Economy Research Institute, University of Massachusetts at Amherst.
- Christiano, Lawrence J. & G. Harrison, Sharon, 1999.
"Chaos, sunspots and automatic stabilizers,"
Journal of Monetary Economics, Elsevier, vol. 44(1), pages 3-31, August.
- Lawrence J. Christiano & Sharon G. Harrison, 1996. "Chaos, sunspots, and automatic stabilizers," Staff Report 214, Federal Reserve Bank of Minneapolis.
- Lawrence J. Christiano & Sharon G. Harrison, 1996. "Chaos, sunspots, and automatic stabilizers," Working Paper Series, Macroeconomic Issues WP-96-16, Federal Reserve Bank of Chicago.
- Lawrence J. Christiano & Sharon G. Harrison, 1996. "Chaos, Sunspots, and Automatic Stabilizers," NBER Working Papers 5703, National Bureau of Economic Research, Inc.
- Zsolt Becsi & Victor Li & Ping Wang, 2002. "Mismatch in Credit Markets," Departmental Working Papers 2002-03, Department of Economics, Louisiana State University.
- Thomas Barnebeck Andersen & Finn Tarp, 2003. "Financial liberalization, financial development and economic growth in LDCs," Journal of International Development, John Wiley & Sons, Ltd., vol. 15(2), pages 189-209.
- Suarez, Javier & Sussman, Oren, 1997.
"Endogenous Cycles in a Stiglitz-Weiss Economy,"
Journal of Economic Theory, Elsevier, vol. 76(1), pages 47-71, September.
- Javier Suarez & Oren Sussman, 1995. "Endogenous Cycles in a Stiglitz-Weiss Economy," Working Papers wp1995_9518, CEMFI.
- Suarez,J. & Sussman,O., 1995. "Endogenous Cycles in a Stiglitz-Weiss Economy," Papers 9518, Centro de Estudios Monetarios Y Financieros-.
- Suarez, Javier & Sussman, Oren, 1997. "Endogenous Cycles in a Stiglitz-Weiss Economy," CEPR Discussion Papers 1604, C.E.P.R. Discussion Papers.
- Hoggarth, Glenn & Reis, Ricardo & Saporta, Victoria, 2002.
"Costs of banking system instability: Some empirical evidence,"
Journal of Banking & Finance, Elsevier, vol. 26(5), pages 825-855, May.
- Glenn Hoggarth & Ricardo Reis & Victoria Saporta, 2001. "Costs of banking system instability: some empirical evidence," Bank of England working papers 144, Bank of England.
- Paul Auerbach & Jalal Uddin Siddiki, 2004. "Financial Liberalisation and Economic Development: An Assessment," Journal of Economic Surveys, Wiley Blackwell, vol. 18(3), pages 231-265, July.
- Michail E. Rousakis, 2010. "Capitalizing Implementation Cycles," 2010 Meeting Papers 1184, Society for Economic Dynamics.
- Bert Scholtens, 2006. "Finance as a Driver of Corporate Social Responsibility," Journal of Business Ethics, Springer, vol. 68(1), pages 19-33, September.
More about this item
Keywords
Financial intermediation; endogenous fluctuations; Intermédiation financière; fluctuations endogènes;All these keywords.
JEL classification:
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- G2 - Financial Economics - - Financial Institutions and Services
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cir:cirwor:2000s-51. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Webmaster (email available below). General contact details of provider: https://edirc.repec.org/data/ciranca.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.