Crisis and the Role of Money in the Real and Financial Economies—An Innovative Approach to Monetary Stimulus

`Financial crisis’ is sometimes regarded as synonymous with `economic crisis’, but this is an oversimplification and risks missing the feedback loops between the financial and real economies. In this paper, the role of money is revisited in the context of distinguishing the real economy from the fin...

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Bibliographic Details
Main Authors: Richard Simmons, Paolo Dini, Nigel Culkin, Giuseppe Littera
Format: Article
Language:English
Published: MDPI AG 2021-03-01
Series:Journal of Risk and Financial Management
Subjects:
Online Access:https://www.mdpi.com/1911-8074/14/3/129