Charpe, Matthieu; Flaschel, Peter; Hartmann, Florian; … - In: Economic Modelling 28 (2011) 5, pp. 2129-2136
Monetary and fiscal policy measures have been applied in order to avert the financial market collapse and counteract the global recession. In this paper we present an integrated macromodel which in particular focuses on the financial markets. We use a Tobin-like macroeconomic portfolio approach,...