31 citations · 109 across the 28 of their papers we have counts for
Showing 2018 · econ.GNShow all
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econ.GN2018
The Broad Consequences of Narrow Banking
Matheus R Grasselli, Alexander Lipton
We investigate the macroeconomic consequences of narrow banking in the context of stock-flow consistent models. We begin with an extension of the Goodwin-Keen model incorporating t…
econ.GN2018★ 1 cited
On the Normality of Negative Interest Rates
Matheus R. Grasselli, Alexander Lipton
We argue that a negative interest rate policy (NIRP) can be an effect tool for macroeconomic stabilization. We first discuss how implementing negative rates on reserves held at a c…