Financial intermediation and the Great Depression: a multiple equilibrium interpretation

Keyphrases

• Financial Intermediation 100%
• Multiple Equilibria 100%
• Great Depression 100%
• Financial Crisis 100%
• Interwar Period 100%
• Sunspots 50%
• Economic Activity 50%
• Durable Goods 50%
• Regime Shift 50%
• US Economy 50%
• Capital Stock 50%
• Multiplicity of Equilibria 50%
• Non-convexity 50%
• Endogenous Fluctuations 50%
• Capacity Utilization 50%

Business & Economics

• Financial Crisis 100%
• Capital Stock 50%
• Capacity Utilization 50%
• Durable Good 50%
• Economy of the U.S. 50%