Скачать или смотреть Applied Macroeconomic - The Financial Accelerator

This video explains the concept of the Financial Accelerator in Applied Macroeconomics, based on a structured summary of lecture and reading materials.

The Financial Accelerator describes a mechanism through which financial frictions amplify and propagate macroeconomic shocks. Changes in asset values and balance sheets affect borrowing capacity, external financing costs, and investment decisions, causing relatively small shocks to generate larger and more persistent fluctuations in output and economic activity.

In this video, we discuss:

The basic intuition behind the financial accelerator mechanism

The role of firm and household balance sheets

How net worth, collateral values, and credit conditions interact

Why financial frictions matter for business cycles

Policy implications for monetary and financial stability frameworks

The video is intended for students and practitioners studying applied macroeconomics, business cycle analysis, and financial stability. The focus is on conceptual understanding rather than formal mathematical derivation.

Some parts of the content are developed with the assistance of AI-based research and summarization tools, including Google NotebookLM, and are curated to ensure clarity and educational value.