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Description
Macroeconomics: Institutions Instability & the Financial SysteCondition: BRAND NEW ISBN: 9780199655793 Year: 2014 Publisher: Oxford University Press UK Pages: 672 Description: This authoritative new textbook integrates the modern monetary framework, based on the 3 equation model of the demand side, the supply side and the policy maker, with a model of the financial system. As a result, the authors comprehensively address the limitations of the mainstream macroeconomic model exposed by the financial crisis and
Condition: BRAND NEWISBN: 9780199655793
Year: 2014
Publisher: Oxford University Press UK
Pages: 672
Description:
This authoritative new textbook integrates the modern monetary framework, based on the 3-equation model of the demand side, the supply side and the policy maker, with a model of the financial system. As a result, the authors comprehensively address the limitations of the mainstream macroeconomic model exposed by the financial crisis and the Eurozone crisis.The book guides the reader through the three principal steps required to integrate the
financial system within the macroeconomic model.Firstly, the authors examine how the margin of the lending rate over the policy rate is set in the commercial banking sector, how
money is created in a modern banking system and how the central bank can take account of the working of the banking system in order to achieve its desired policy outcome.Secondly, the authors explore the characteristics of the financial system that result in vulnerability to a financial crisis, with implications for fiscal balance. The economy depends on the continuity of core banking services and governments cannot afford to let them fail. This means that important banks
do not bear the full cost of their lending decisions. As a result, they may have an incentive to take on excessive risk.Thirdly, a simple model is developed of the behaviour of
highly-leveraged financial institutions as the basis for a leverage or financial cycle in the economy.In addition, the book extends the 3-equation model to the open economy and uses a simple 2-bloc version of the 3-equation model to introduce global imbalances. The case of a common currency area is handled within the core model - both at the Eurozone level and at the level of member
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4.6 ★★★★★
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Product Reviews
★★★★★ 5
Best ball ever!
Color: Red-Blue, Size: Large Size 3 (8"), Color: Red-Blue, Size: Large Size 3 (8")
Oh my goodness. My cane corso (15 mos) LOVES this ball. It’s easy for them to pick up because of all the little handles sewn into the ball. It’s easy to throw as well. The only thing is he likes to chew them off if he gets free time with the ball. The ball itself is very sturdy. highly recommend, and I’ll be ordering more. We play with this every morning and he’s so excited to take it outside.
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Reviewed in the United States on May 26, 2026
★★★★★ 4
Best for a single dog but quality products
Color: Lake Blue, Size: Large Size 3 (8")
Straps didn’t hold up my two herding dogs did a number on it but it is a quality product the ball itself is still in tact
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Reviewed in the United States on January 15, 2026
★★★★★ 5
its a great fun toy fir all of us
Color: Red-Blue, Size: Medium Size 2 (6")
its very tough so our dogs cant tear it up but soft enough so they get an easy hold. They absolutely love. great dog toy!
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Reviewed in the United States on May 27, 2026
★★★★★ 5
zelda‘s “indoor” ⚽️ ball!
Color: Squeaky Green, Size: Medium Size 2 (6")
zelda loves her soccer ball - because of the fabric “tabs”, and the way she treats her toys, we keep it inside. she loves to place all of her toys and bones on our bed, after they’ve been cleaned. this ball is perfect and soft enough to throw it down our steps, where she will run down, retrieve it, and bring it back to the bed.
it arrives deflated and comes with the pump and two needles - the pump is not the sturdiest and felt like it was not inflating, but after only having to reflate it once with a bit of air since receiving it ~5-6 months ago, it still holds up!
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Reviewed in the United States on February 2, 2026
★★★★★ 3
Small for a medium
Color: Red-Blue, Size: Medium Size 2 (6"), Color: Red-Blue, Size: Medium Size 2 (6")
I got medium.. and it does not look like a medium ball.. it’s rather small. It’s pretty sturdy and my dogs went crazy for it but it’s definitely not the size I thought it was going to be 😂 my dogs chewed one strap within 5 minutes of having it but they’re dogs and that’s what they do lol. I bought this to be an outside ball for them! It’s pretty light but that’s probably because it’s small. Not soft? But feels like a soccer ball. It also had no smell coming out of the box. Also comes with a pump and an extra thing to put in the ball to pump in case you lose one. I like these balls, I expect them to be chewed up because that’s what I bought them for! Fun for my dogs and they are! But the size… it is not medium and that’s the only reason for 3 stars 😂😂😂 Other then that I recommend, your dog will definitely love this! Inside or outside playing! Alone or with another dog!
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Reviewed in the United States on October 15, 2025