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Money, interest, and policy : dynamic general equilibrium in a non-Ricardian world /

An important recent advance in macroeconomics is the development of dynamic stochastic general equilibrium (DSGE) macromodels. The use of DSGE models to study monetary policy, however, has led to paradoxical and puzzling results on a number of central monetary issues including price determinacy and...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Bénassy, Jean-Pascal
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Cambridge, Mass. : MIT Press, ©2007.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Introduction; Part I
  • Ricardian and Non-Ricardian Economies; 1
  • The Ricardian Issue and the Pigou Effect; 2
  • Pigou Reconstructed: The Weil Model; Part II
  • Interest, Prices, and Money; 3
  • Liquidity Effects; 4
  • Interest Rate Rules and Price Determinacy; 5
  • Global Determinacy; 6
  • Fiscal Policy and Determinacy; Part III
  • Optimal Policy; 7
  • A Simple Framework for Policy Analysis; 8
  • Government Information and Policy Activism; 9
  • Fiscal Policy and Optimal Interest Rate Rules; 10
  • Inflation and Optimal Interest Rate Rules; Bibliography; Index.