摘要翻译:
随着许多国家实际生产出现负增长,债务水平成为发达社会日益沉重的负担,要求改变经济政策甚至货币制度的呼声越来越高,越来越不耐烦。我们研究信贷和债务体系的后果,这种体系仍然允许信贷扩张,并从根本上保留了当前货币体系的许多特征,而没有当前体系固有的不稳定性。
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英文标题:
《Sustainable Credit And Interest Rates》
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作者:
Andreas Hula
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最新提交年份:
2012
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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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一级分类:Mathematics 数学
二级分类:Probability 概率
分类描述:Theory and applications of probability and stochastic processes: e.g. central limit theorems, large deviations, stochastic differential equations, models from statistical mechanics, queuing theory
概率论与随机过程的理论与应用:例如中心极限定理,大偏差,随机微分方程,统计力学模型,排队论
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英文摘要:
With negative growth in real production in many countries and debt levels which become an increasing burden on developed societies, the calls for a change in economic policy and even the monetary system become louder and increasingly impatient. We research the consequences of a system of credit and debt, that still allows for the expansion of credit and fundamentally retains many features of the present monetary system, without the instability inherent in the present system.
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PDF链接:
https://arxiv.org/pdf/1111.3035


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