By integrating the fiat money into the structural growth model in [1], this paper presents a dynamic model for the simulation study of interest rate. And the model is illustrated with a numerical example. The equilibria of the numerical example are also computed by the method in [2]. The monetary policies of controlling the interest rate and controlling the money supply are simulated
Trade developed through barter, an institution requiring the double coincidence of wants. Fiat money...
The debate about whether or not a growth imperative exists in debt-based, interest-bearing monetary ...
This paper studies a simple random matching model of money in which agents\u27 preferences depend no...
By integrating the fiat money into the structural growth model in [1], this paper presents a dynamic...
In this paper, a general equilibrium model is developed to analyze the determination of the equilibr...
This paper examines the effectiveness of monetary aggregates through various nominal interest rates ...
This paper demonstrates the diverse dynamical possibilities of a simple macroeconomic model of debt-...
In a well controlled monetary economy with no uncertainty and a money market, money is not merely a ...
The paper presents and tests a theory of the demand for money that is derived from a general equilib...
An alternative theoretical setting is presented to characterise the money demand and the monetary eq...
This paper investigates the interplay between monetary aggregates and the dynamics and variability o...
This paper investigates the interplay between monetary aggregates and the dynamics and variability o...
We study a general equilibrium model of perfect competition with production and endogenous demand fo...
JEL Classification: E13, E52.The present paper adds a central bank to an existing general equilibriu...
The appealing feature of Kiyotaki and Moore's Financial Accelerator model (Kiyotaki and Moore, 1997,...
Trade developed through barter, an institution requiring the double coincidence of wants. Fiat money...
The debate about whether or not a growth imperative exists in debt-based, interest-bearing monetary ...
This paper studies a simple random matching model of money in which agents\u27 preferences depend no...
By integrating the fiat money into the structural growth model in [1], this paper presents a dynamic...
In this paper, a general equilibrium model is developed to analyze the determination of the equilibr...
This paper examines the effectiveness of monetary aggregates through various nominal interest rates ...
This paper demonstrates the diverse dynamical possibilities of a simple macroeconomic model of debt-...
In a well controlled monetary economy with no uncertainty and a money market, money is not merely a ...
The paper presents and tests a theory of the demand for money that is derived from a general equilib...
An alternative theoretical setting is presented to characterise the money demand and the monetary eq...
This paper investigates the interplay between monetary aggregates and the dynamics and variability o...
This paper investigates the interplay between monetary aggregates and the dynamics and variability o...
We study a general equilibrium model of perfect competition with production and endogenous demand fo...
JEL Classification: E13, E52.The present paper adds a central bank to an existing general equilibriu...
The appealing feature of Kiyotaki and Moore's Financial Accelerator model (Kiyotaki and Moore, 1997,...
Trade developed through barter, an institution requiring the double coincidence of wants. Fiat money...
The debate about whether or not a growth imperative exists in debt-based, interest-bearing monetary ...
This paper studies a simple random matching model of money in which agents\u27 preferences depend no...