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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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 Add to Reading List Source URL: www.macfinrobods.eu Download Document from Source Website File Size: 1.014,69 KB Share Document on Facebook

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	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 DocID: 1qL6f - View Document