Modern Monetary Circuit Theory, Stability Of Interconnected Banking Network, And Balance Sheet Optimization For Individual Banks
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- Vadim Kaushansky & Alexander Lipton & Christoph Reisinger, 2017. "Transition probability of Brownian motion in the octant and its application to default modeling," Papers 1801.00362, arXiv.org, revised May 2018.
More about this item
KeywordsModern monetary circuit; Keen equations; credit creation banking; fractional reserve banking; financial inter mediation banking; interconnected banking network; balance sheet optimization;
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