Financing for Retirement and the 2007-2009 Unwinding of the Financial Sector

Financing for Retirement and the 2007-2009 Unwinding of the Financial Sector

This paper explores the macroeconomic implications of financing for retirement in advanced economies. It offers an additional theoretical explanation of the possible long-term drivers of the 2007-2009 financial crisis. It develops a simple integrated macro-financial model of monetary production, and...

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Bibliographic Details
Main Author: Piffaretti, Nadia F.
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Business Fluctuations
Cycles E320
Financial Markets and the Macroeconomy E440
Financial Crises G010
Retirement
Retirement Policies J260
Online Access:http://hdl.handle.net/10986/4843

Internet

http://hdl.handle.net/10986/4843

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