Blar i Bergen Open Research Archive på forfatter "Yamaguchi, Yokei"
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Developing an ASD Macroeconomic Model of the Stock Approach - With Emphasis on Bank Lending and Interest Rates -
Yamaguchi, Yokei (Master thesis, 2017-08-23)The financial crisis in 2008 evidenced an over-simplification of the role of banks made in the majority of macroeconomic models. Based on Accounting System Dynamics (ASD) modeling approach, the current research presents a ...