英文标题：
《A Simple Model of Credit Expansion》
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作者：
Alexander Smirnov
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最新提交年份：
2016
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英文摘要：
The proposed model is aimed to reveal important patterns in the behavior of a simplified financial system. The patterns could be detected as regular cycles consisting of debt bubbles and crises. Financial cycles have a well defined structure and form periodic sequences along the axis of credit expansion while retaining stochastic nature in terms of time.
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中文摘要：
该模型旨在揭示简化金融系统行为的重要模式。这些模式可以被视为由债务泡沫和危机组成的常规周期。金融周期具有明确的结构，并沿信贷扩张轴形成周期性序列，同时在时间上保持随机性。
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分类信息：

一级分类：Quantitative Finance 数量金融学
二级分类：General Finance 一般财务
分类描述：Development of general quantitative methodologies with applications in finance
通用定量方法的发展及其在金融中的应用
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