Wpływ akceleratora finansowego na przebieg wahań koniunkturalnych

• Autorzy: Marek Lubiński

Warianty tytułu

Impact of Financial Accelerator on Business Cycle Fluctuations

• Języki publikacji: PL

Abstrakty

W opracowaniu przedstawiono wpływ deflacji długu, akceleratora finansowego i nowego akceleratora finansowego na przebieg wahań koniunkturalnych. Wskazano, że czynniki te pogłębiają fluktuacje koniunkturalne generowane przez szoki egzogeniczne o różnym podłożu. W analizie akceleratora finansowego wersja kanoniczna została uzupełniona o późniejsze ustalenia, uwzględniające między innymi niejednorodność podmiotów gospodarujących. Jeżeli akcelerator finansowy odnosił się do relacji między bankami i kredytobiorcami to nowy akcelerator finansowy bada przyczyny cykliczności polityki kredytowej banków, związanej przede wszystkim ze zmienną koniunkturalnie skłonnością banków do ponoszenia ryzyka. (abstrakt oryginalny)

EN

The research paper presents the impact of financial accelerator and new financial accelerator, interconnected by debt deflation, on fluctuations in business cycle. It has been indicated in the paper that these factors deepen business cycle fluctuations generated by egzogenic shocks of varied background. In the analysis of the financial accelerator the canon version has been made complete with further findings concerning, i.e. each of homogeneity of entities. Given the financial accelerator concerned relations between banks and debtor, the new financial accelerator examines the problem area of reasons for cyclical character of bank credit policy, connected mainly with business cycle driven tendency of banks to bearing the risk. (original abstract)

Słowa kluczowe

PL

Cykl koniunkturalny; Rynki finansowe; Dźwignia finansowa; Akcelerator finansowy

EN

Business cycles; Financial markets; Financial leverage; Financial accelerator

• Czasopismo: Prace i Materiały Instytutu Rozwoju Gospodarczego / Szkoła Główna Handlowa
• Rocznik: 2012
• Numer: nr 88 Pomiędzy polityką stabilizacyjną i polityką rozwoju
• Strony: 63--84

Twórcy

autor

Marek Lubiński

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