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Thesis

Essays on Financial Stability and Monetary Policy

Abstract:

This thesis consists of three self-contained chapters.

Chapter I. The first chapter develops a dynamic general equilibrium model which includes financial intermediation and endogenous financial crises. Consistent with the data, financial crises occur out of prolonged (credit) boom periods and are initiated by a moderate adverse shock. The mechanism which gives rise to boom-bust episodes around financial crises is based on an interaction between the maturity mismatch of the fi...

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Division:
SSD
Department:
Economics
Role:
Author

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Role:
Supervisor
Type of award:
DPhil
Level of award:
Doctoral
Awarding institution:
University of Oxford
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UUID:
uuid:49999782-6173-4e2b-8645-cab0b1561595
Deposit date:
2016-05-30

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