Dette des ménages et instabilité financière
This paper presents a Keynes-Goodwin model; in which households get mortgages to purchase real estates. This model enables to identify through what mechanisms mortgage debt modifies the baseline Keynes-Goodwin model. This model also enables to understand to what extent mortgage debt produces financi...
Saved in:
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Association Recherche & Régulation
2009-06-01
|
| Series: | Revue de la Régulation |
| Subjects: | |
| Online Access: | https://journals.openedition.org/regulation/7464 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Summary: | This paper presents a Keynes-Goodwin model; in which households get mortgages to purchase real estates. This model enables to identify through what mechanisms mortgage debt modifies the baseline Keynes-Goodwin model. This model also enables to understand to what extent mortgage debt produces financial instability. |
|---|---|
| ISSN: | 1957-7796 |