Open AccessCan Financial Innovation Help to Explain the Reduced Volatility of Economic Activity?
Author(s) -
Karen E. Dynan,
Douglas W. Elmendorf,
Daniel E. Sichel
Publication year - 2005
Publication title -
finance and economics discussion series
Language(s) - English
Resource type - Journals
eISSN - 2767-3898
pISSN - 1936-2854
DOI - 10.17016/feds.2005.54
Subject(s) - great moderation , volatility (finance) , economics , loan , financial market , financial innovation , business cycle , finance , monetary policy , investment (military) , monetary economics , macroeconomics , politics , political science , law