debt deflation
2 episodes mention this concept
NewEconomicThinkingFeb 22, 2023The Economy as a Web of Contracts: Understanding Systemic Instability and Debt Deflation
EconomicsWeb of contractsSystemic instabilityIndividual defaultChains of defaults
NewEconomicThinkingDec 12, 2017Rebuilding Macroeconomic Theory: Addressing the Failures of New Keynesian DSGE Models Post-2008
EconomicsNew Keynesian Dynamic Stochastic General Equilibrium (DSGE) modelGreat ModerationKeynesian RevolutionGeneral Equilibrium Theory
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