Goodhart, Charles A.E. and Tsomocos, Dimitros P.: The challenge of financial stability: a new model and its applications
This review of the book "The Challenge of Financial Stability: A New Model and its Applications" by Goodhart C.A.E. and Tsomocos D.P. highlights the potential of the framework of strategic partial default of banks with credit chain on the interbank market for further theoretical and applied research on financial stability.
|Date of creation:||16 Apr 2013|
|Date of revision:|
|Publication status:||Published, Journal of Economics, 2013, 109, 2, 201-205|
|Note:||View the original document on HAL open archive server: http://hal.archives-ouvertes.fr/hal-00826206|
|Contact details of provider:|| Web page: http://hal.archives-ouvertes.fr/|
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- Jean-Bernard Chatelain & Kirsten Ralf, 2012.
"The Failure Of Financial Macroeconomics And What To Do About It,"
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- Chatelain, Jean-Bernard & Ralf, Kirsten, 2012. "The failure of financial macroeconomics and what to do about it," MPRA Paper 38474, University Library of Munich, Germany.
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Federal Reserve Bank of Minneapolis, issue Win, pages 14-23.
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