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Economy / Money / Finance / Systemic risk / Financial ratios / Business cycle / Debt / Economic bubbles / Financial intermediary / Deleveraging / Macroprudential regulation / Markus Brunnermeier
Date: 2015-06-30 02:31:34
Economy
Money
Finance
Systemic risk
Financial ratios
Business cycle
Debt
Economic bubbles
Financial intermediary
Deleveraging
Macroprudential regulation
Markus Brunnermeier

Intermediary Leverage Cycles and Financial Stability Tobias Adrian and Nina Boyarchenko∗ June 15, 2015 Abstract We present a theory of financial intermediary leverage cycles within a dynamic model of

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