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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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4.7 ★★★★★
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Product Reviews
★★★★★ 5
Love
Color: White/All Season, Size: Queen
Very good comforter, soft and comfortable. It is warm but lightweight, and it feels high quality. The cotton fabric is nice and doesn’t cause allergies. Perfect for a good night’s sleep. I recommend it
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Reviewed in the United States on April 14, 2026
★★★★★ 4
High quality, but it makes a sound like crinkling.
Color: White/All Season, Size: Queen
I enjoy the warmth of this comforter. Yet very lightweight. It is not as big and fluffed up as the first photo. It does feel like hotel softness and has loops for a duvet cover. The only thing I don't like is the sound it makes. It crinkles when you move it around. If it made no sound I would rate 5 stars.
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Reviewed in the United States on April 6, 2026
★★★★★ 5
Hotel-like comfort at home
Color: White/All Season, Size: King
This Serta duvet has surprised me very positively. Since I took it out of the packaging it feels of good quality, with a soft and pleasant to the touch cotton fabric. The King size (106 x 90 inches) perfectly covers the bed and falls very well on the sides, which gives it an elegant look.
I like that it is of medium warmth, because it works well throughout the year without feeling too heavy or too light.
Another point in favor is that it is hypoallergenic, something important if you are sensitive to dust or certain materials. So far it has maintained its shape well and has not been lagged.
In general, it is a very good option if you are looking for a comfortable duvet, with the appearance of a hotel and that you can use in any season.
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Reviewed in the United States on April 14, 2026
★★★★★ 5
Hotel-Quality Softness and Perfect Comfort.
Color: White/All Season, Size: King, Color: White/All Season, Size: King
Excellent quality! Super soft, comfortable, and with the perfect weight to sleep cool yet cozy at the same time. The King size fits perfectly and feels like a luxury hotel comforter. Highly recommended.
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Reviewed in the United States on May 28, 2026
★★★★★ 5
Adds comfort and support
Color: Green, Size: Twin
I’ve been using this bamboo mattress topper for a couple of weeks now, and it completely changed the feel of my bed. My mattress was starting to feel too firm and uncomfortable, especially on my lower back and shoulders, but this topper added the perfect amount of cushioning without making the bed feel overly soft or saggy.
The cooling effect was one of the biggest surprises. I tend to sleep hot and usually wake up sweating during the night, but the bamboo-derived fabric feels breathable and much cooler than regular mattress pads I’ve owned before. It stays comfortable throughout the night and doesn’t trap heat like memory foam toppers sometimes do.
I also really appreciate the waterproof protection. It gives peace of mind without feeling stiff or making that annoying crinkling noise some waterproof covers have. The surface still feels soft, plush, and smooth. It honestly feels more like a hotel-style pillow top than a basic mattress pad.
The thickness is just right for pressure relief. It helped reduce the soreness I usually wake up with in my back, and I’ve been sleeping much more comfortably overall. The deep pockets also held securely on my twin mattress and didn’t slide around, even after moving a lot during sleep.
Another thing I liked was how fluffy and well-made it looked right out of the package. After letting it expand for a bit, it became nicely plush and evenly padded. The stitching seems durable, and it still looks great after washing.
If you’re looking for a softer, cooler sleeping surface with added waterproof protection and better support for aches and pains, this mattress topper is definitely worth it. It made my bed feel newer and far more comfortable without needing to buy a whole new mattress.
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Reviewed in the United States on May 14, 2026
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