Theoretical Economics Letters

Vol.8 No.15(2018), Paper ID 88635, 16 pages

DOI:10.4236/tel.2018.815203

 

Effect of Confidence Shock on an Economy with a Shadow Banking System: Analysis Based on Dynamic Stochastic General Equilibrium Model

 

He Cong, Yang Chen

 

Institute of Economics, School of Social Sciences, Tsinghua University, Beijing, China
School of Economics, Peking University, Beijing, China

 

Copyright © 2018 He Cong, Yang Chen et al. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

 

How to Cite this Article

Cong, H. and Chen, Y. (2018) Effect of Confidence Shock on an Economy with a Shadow Banking System: Analysis Based on Dynamic Stochastic General Equilibrium Model. Theoretical Economics Letters, 8, 3285-3300. doi: 10.4236/tel.2018.815203.
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