EconBiz - Find Economic Literature
    • Logout
    • Change account settings
  • A-Z
  • Beta
  • About EconBiz
  • News
  • Thesaurus (STW)
  • Academic Skills
  • Help
  •  My account 
    • Logout
    • Change account settings
  • Login
EconBiz - Find Economic Literature
Publications Events
Search options
Advanced Search history
My EconBiz
Favorites Loans Reservations Fines
    You are here:
  • Home
  • Search: subject_exact:"Cash-in-advance constraint"
Narrow search

Narrow search

Year of publication
Subject
All
Cash-in-advance constraint 349 Cash-in-Advance-Restriktion 337 Theorie 237 Theory 235 Monetary policy 88 Geldpolitik 83 Inflation 55 Geldnachfrage 33 Money demand 33 Schätzung 32 Estimation 31 Endogenes Wachstumsmodell 27 Endogenous growth model 27 Geldnachfragetheorie 27 Money demand theory 27 Allgemeines Gleichgewicht 24 General equilibrium 24 Monetary growth model 22 Geldmenge 21 Geldtheorie 21 Monetäre Wachstumstheorie 21 Monetary theory 20 Money supply 20 Welfare analysis 20 Wohlfahrtsanalyse 20 Business cycle theory 18 Equilibrium model 18 Gleichgewichtsmodell 18 Konjunkturtheorie 18 Preisrigidität 18 Price stickiness 18 Schock 18 Shock 18 USA 18 United States 17 Regelbindung versus Diskretion 15 Rules versus discretion 15 cash-in-advance constraint 15 Economic growth 14 Geldumlaufgeschwindigkeit 14
more ... less ...
Online availability
All
Free 116 Undetermined 26
Type of publication
All
Book / Working Paper 192 Article 177
Type of publication (narrower categories)
All
Article in journal 162 Aufsatz in Zeitschrift 162 Working Paper 99 Graue Literatur 98 Non-commercial literature 98 Arbeitspapier 96 Hochschulschrift 11 Thesis 11 Aufsatz im Buch 7 Book section 7 Collection of articles written by one author 5 Sammlung 5 Bibliografie enthalten 3 Bibliography included 3 Conference paper 2 Konferenzbeitrag 2 Glossar enthalten 1 Glossary included 1 Konferenzschrift 1
more ... less ...
Language
All
English 341 Undetermined 24 German 4
Author
All
Gillman, Max 11 Honkapohja, Seppo 11 Bosi, Stefano 10 Bohl, Martin T. 8 Evans, George W. 8 Mansoorian, Arman 8 Marimon, Ramon 8 Seegmuller, Thomas 8 Weder, Mark 8 Kobayashi, Keiichirō 7 Sell, Friedrich L. 7 Ireland, Peter N. 6 Mohsin, Mohammed 6 Occhino, Filippo 6 Sargent, Thomas J. 6 Sağlam, İsmail 6 Auray, Stéphane 5 Bai, Jinhui H. 5 Bassetto, Marco 5 Clain-Chamosset-Yvrard, Lise 5 Drèze, Jacques H. 5 Ellison, Martin 5 Fachat, Christian 5 Herings, Peter Jean-Jacques 5 Hromcová, Jana 5 Kejak, Michal 5 Kim, Dong-heon 5 Phelan, Christopher 5 Schabert, Andreas 5 Schwarz, Ingolf 5 Scott, Andrew 5 Velde, François R. 5 Wang, Ping 5 Yip, Chong Kee 5 Başçı, Erdem 4 Chang, Wen-ya 4 Chen, Been-lon 4 Fève, Patrick 4 Gong, Liutang 4 Kam, Eric 4
more ... less ...
Institution
All
HAL 4 Rutgers University / Department of Economics 4 Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München 4 National Bureau of Economic Research 3 Center for Operations Research and Econometrics (CORE), École des Sciences Économiques de Louvain 2 Brown University / Department of Economics 1 C.E.P.R. Discussion Papers 1 Centre d'Économie de la Sorbonne, Université Paris 1 (Panthéon-Sorbonne) 1 Centre d'Études des Politiques Économiques (EPEE), Université d'Évry Val d'Essonne 1 Centre for Growth and Business Cycle Research <Manchester> 1 Centro di Studi Internazionali Sull'Economia e la Sviluppo (CEIS), Facoltà di Economia 1 Department of Economics, University of California-Riverside 1 Deutsche Bank Research 1 Dipartimento di Economia, Gestione, Società e Istituzioni, Università degli Studi del Molise 1 Escola de Pós-Graduação em Economia <Rio de Janeiro> 1 Federal Reserve Bank of Cleveland 1 Graduate School of Economics, Osaka University 1 Institut for Miljø og Erhvervsøkonomi, Syddansk Universitet 1 Instituto Universitario de Estudios e Desenvolvemento de Galicia (IDEGA), Universidade de Santiago de Compostela 1 Keizai-Sangyō-Kenkyūsho <Tokio> 1 School of Economics, University of Manchester 1 Technische Universität Dresden / Fakultät Wirtschaftswissenschaften 1 University of California Los Angeles / Department of Economics 1 University of Cyprus Department of Economics 1
more ... less ...
Published in...
All
Macroeconomic dynamics 11 Journal of macroeconomics 10 Journal of money, credit and banking : JMCB 10 Journal of monetary economics 9 RIETI discussion paper series 8 Journal of economic dynamics & control 7 Economics letters 6 Research in economics : an international review of economics 6 Working paper / National Bureau of Economic Research, Inc. 6 Economic modelling 5 Economics bulletin : EB 5 Journal of economics 5 Discussion paper / Centre for Economic Policy Research 4 Economic theory : official journal of the Society for the Advancement of Economic Theory 4 Functional structure inference 4 IEAS working paper 4 MPRA Paper 4 Working papers / Rutgers University, Department of Economics 4 Bonn Econ Discussion Papers / BGSE 3 CESifo working papers 3 Discussion paper / Tinbergen Institute 3 International economic journal 3 International journal of economic theory 3 Journal of economic behavior & organization : JEBO 3 Journal of mathematical economics 3 Mu̐helytanulmányok / Magyar Tudományos Akadémia, Közgazdaságtudományi Kutatóközpont 3 NBER Working Paper 3 NBER working paper series 3 Recherches économiques de Louvain 3 The Japanese economic review : the journal of the Japanese Economic Association 3 The Princeton economic history of the Western world 3 AMSE Working Papers 2 Bonn Econ Discussion Papers / Bonn Graduate School of Economics, Department of Economics, University of Bonn 2 CORE Discussion Papers 2 Carnegie Rochester conference series on public policy : a bi-annual conference proceedings 2 Discussion papers / Department of Economics, University of Helsinki 2 Diskussionsbeiträge / Institut für Volkswirtschaftslehre, Universität der Bundeswehr München 2 Dresdner Beiträge zur Volkswirtschaftslehre 2 Economic inquiry : journal of the Western Economic Association International 2 Economics working paper 2
more ... less ...
Source
All
ECONIS (ZBW) 336 RePEc 30 EconStor 3
Showing 1 - 50 of 369
Cover Image
Precautionary money demand in a cash-in-advance model
Salas, Sergio - 2025
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015396853
Saved in:
Cover Image
Cash-in-advance payments and transaction size : cash-constrained importers
Yoshida, Yūshi; Türkcan, Kemal; Yoshimi, Taiyo - 2022
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014433567
Saved in:
Cover Image
Optimal long-run money growth rate in a cash-in-advance economy with labor-market frictions
Chen, Been-lon; Liao, Shian-Yu; Liu, Dongpeng; Liu, Xiangbo - 2022 - This Version: August 2022
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014229475
Saved in:
Cover Image
Explaining declining business dynamism : a monetary growth-theoretic approach
Furukawa, Yuichi; Lai, Tat-Kei; Niwa, Sumiko - 2021 - Revised: September 2021
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014394224
Saved in:
Cover Image
Implementing the Friedman Rule
Ireland, Peter N. - 2021
In cash-in-advance models, necessary and sufficient conditions for the existence of an equilibrium with zero nominal interest rates and Pareto optimal allocations place restrictions mainly on the very long-run, or asymptotic, behavior of the money supply. When these asymptotic conditions are...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013216843
Saved in:
Cover Image
Stable Sunspot Equilibria in a Cash-in-Advance Economy
Evans, George W.; Honkapohja, Seppo; Marimon, Ramon - 2021
We develop a monetary model with flexible supply of labor, cash in advance constraints and government spending financed by seignorage. This model has two regimes. One regime is conventional with two steady states. The other regime has a unique steady state which can be determinate or...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013320716
Saved in:
Cover Image
Effects of monetary transactions costs on economic growth
Watanabe, Akane; Yakita, Akira - In: Research in economics : an international review of economics 77 (2023) 2, pp. 221-225
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014470115
Saved in:
Cover Image
Effects of Monetary Policy in a Model with Cash-in-Advance Constraints on R&D and Capital Accumulation
Maeda, Daiki - 2020
To examine the effect of monetary policy on economic growth, we formulate an endogenous growth model with cash-in-advance constraints on R&D and capital accumulation as endogenous growth engines. Within this framework, we show that the relationship between economic growth and the nominal...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012841050
Saved in:
Cover Image
Effects of monetary policy in a model with cash-in-advance constraints on R&D and capital accumulation
Maeda, Daiki; Saito, Yuki - 2020
To examine the effect of monetary policy on economic growth, we formulate an endogenous growth model with cash-in-advance constraints on R&D and capital accumulation as endogenous growth engines. Within this framework, we show that the relationship between economic growth and the nominal...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012195387
Saved in:
Cover Image
On the welfare cost of inflation in a New Keynesian model with a cash-in-advance constraint : the case of Iran
Ghafar, Abbas Hoseini; Dastjerdi, Rasul Bakhshi; … - In: Iranian economic review : journal of University of Tehran 23 (2019) 3, pp. 749-768
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012153286
Saved in:
Cover Image
Lucas's methodological divide in inflation theory : a student's journey
Gillman, Max - In: Journal of economic methodology 29 (2022) 1, pp. 30-47
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013170087
Saved in:
Cover Image
Cash and the Economy : Evidence from India's Demonetization
Chodorow-Reich, Gabriel - 2018
We analyze a unique episode in the history of monetary economics, the 2016 Indian "demonetization." This policy made 86% of cash in circulation illegal tender overnight, with new notes gradually introduced over the next several months. We present a model of demonetization where agents hold cash...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012906443
Saved in:
Cover Image
Cash and the Economy : Evidence from India's Demonetization
Chodorow-Reich, Gabriel - 2018
We analyze a unique episode in the history of monetary economics, the 2016 Indian "demonetization." This policy made 86% of cash in circulation illegal tender overnight, with new notes gradually introduced over the next several months. We present a model of demonetization where agents hold cash...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012481018
Saved in:
Cover Image
Endogenous growth and real effects of monetary policy : R&D and physical capital complementarities in a cash-in-advance economy
Iglésias, Gustavo; Gil, Pedro Mazeda - 2018
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10011935379
Saved in:
Cover Image
Money and Real Fluctuations in the Chilean Economy
Acuña-Duarte, Andres - 2017
In this paper, we assess the ability of a cash-in-advance model to replicate the behavior of the macroeconomic variables of the Chilean economy for quarterly data spanning between Q1:1986 and Q3:2005. The monetary models that we study are able to replicate the phase shift and correlation with...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012950480
Saved in:
Cover Image
Cash-in-advance constraint with status and endogenous growth
Kaminoyama, Ken-ichi; Kawagishi, Taketo - In: Macroeconomic dynamics 21 (2017) 6, pp. 1235-1251
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10011805465
Saved in:
Cover Image
Renovatio monetae : Gesell taxes in practice
Svensson, Roger; Westermark, Andreas - 2016
Gesell taxes on money holdings have received attention in recent decades as a way of alleviating the zero lower bound on interest rates. Less known is that such a tax was the predominant method used to generate seigniorage in large parts of medieval Europe for around two centuries. When the...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10011518666
Saved in:
Cover Image
The COVID-19 pandemic in a monetary Schumpeterian model
He, Qichun - In: Frontiers of economics in China : selected publications … 15 (2020) 4, pp. 626-641
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012671620
Saved in:
Cover Image
Cash and the economy : evidence from India's demonetization
Chodorow-Reich, Gabriel; Gopinath, Gita; Mishra, Prachi; … - In: The quarterly journal of economics 135 (2020) 1, pp. 57-103
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012196497
Saved in:
Cover Image
Renovatio monetae : gesell taxes in practice
Svensson, Roger; Westermark, Andreas - 2015
Gesell taxes on money holdings have received attention in recent decades as a way of alleviating the zero lower bound on interest rates. Less known is that such a tax was the predominant method used to generate seigniorage in large parts of medieval Europe for around two centuries. When the...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10011332944
Saved in:
Cover Image
International Financial Shocks in Emerging Markets
Brei, Michael - 2015
The present paper investigates how an emerging market economy is affected when it suddenly faces a higher risk premium on international capital markets. We study this question empirically for five Latin American economies over the period 1994-2007 within a structural panel vector autoregression...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013023319
Saved in:
Cover Image
Corporate cash hoarding in a model with liquidity constraints
Mazelis, Falk - 2014
This paper studies the role of uncertainty in the corporate cash hoarding puzzle. The baseline model is a stochastic neoclassical growth model featuring idiosyncratic and uninsurable productivity shocks and a cash-in-advance constraint on new in- vestments on the individual rm level. Individual...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10010427046
Saved in:
Cover Image
Cash-in-advance constraint with status and endogenous growth
Kawagishi, Taketo; Kaminoyama, Ken-ichi - Volkswirtschaftliche Fakultät, … - 2014
This paper explores a one-sector AK model with a cash-in-advance (CIA) constraint that itself depends on relative income, which implies status (we call this constraint the “CIA-status constraint”). The CIA-status constraint means that agents with higher income are more creditworthy and can...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10011109613
Saved in:
Cover Image
Nominal and Real Disturbances and Money Demand in the Chinese Hyperinflation
Tallman, Ellis W.; Tang, De-piao; Wang, Ping - 2014
This paper re-examines the dynamics of hyperinflation by allowing variability in the relative price of capital goods in units of consumption goods that reflects interactions between the real and monetary sectors. The theory generates empirically testable implications that suggest expanding the...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014048888
Saved in:
Cover Image
Corporate cash hoarding in a model with liquidity constraints
Mazelis, Falk - 2014
This paper studies the role of uncertainty in the corporate cash hoarding puzzle. The baseline model is a stochastic neoclassical growth model featuring idiosyncratic and uninsurable productivity shocks and a cash-in-advance constraint on new investments on the individual rm level. Individual...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10010407290
Saved in:
Cover Image
Corporate cash hoarding in a model with liquidity constraints : conference paper
Mazelis, Falk - 2014 - Preliminary and incomplete
This paper studies the role of uncertainty in the corporate cash hoarding puzzle. The baseline model is a stochastic neoclassical growth model featuring idiosyncratic and uninsurable technology shocks and a cash-in-advance constraint on new investments on the individual firm level. Individual...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10010489898
Saved in:
Cover Image
Rebalancing Frequency and the Welfare Cost of Inflation
Silva, André C. - 2014
Cash-in-advance models usually require agents to reallocate money and bonds in fixed periods, every month or quarter, for example. I show that fixed periods underestimate the welfare cost of inflation. I use a model in which agents choose how often they exchange bonds for money. In the benchmark...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013051468
Saved in:
Cover Image
The Stabilizing Virtues of Fiscal vs. Monetary Policy on Endogenous Bubble Fluctuations
Seegmuller, Thomas; Clain-Chamosset-Yvrard, Lise - 2013
We explore the existence of endogenous fluctuations with a rational bubble and the stabilizing role of fiscal and monetary policies. Consumers' credit constraints, the role of collateral and a portfolio choice are the key ingredients of our analysis. We consider an overlapping generations model...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10010900272
Saved in:
Cover Image
Rational Bubbles and Macroeconomic Fluctuations: The (De-)Stabilizing Role of Monetary Policy
Clain-Chamosset-Yvrard, Lise; Seegmuller, Thomas - HAL - 2013
We are interested in the occurrence of expectation-driven fluctuations of a rational bubble and the (de-)stabilizing role of monetary policy. Our explanation of fluctuations is based on credit market imperfections. For this purpose, we consider an overlapping generations exchange economy where...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10010933831
Saved in:
Cover Image
The Stabilizing Virtues of Fiscal vs. Monetary Policy on Endogenous Bubble Fluctuations
Clain-Chamosset-Yvrard, Lise; Seegmuller, Thomas - HAL - 2013
We explore the existence of endogenous fluctuations with a rational bubble and the stabilizing role of fiscal and monetary policies. Consumers' credit constraints, the role of collateral and a portfolio choice are the key ingredients of our analysis. We consider an overlapping generations model...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10010933884
Saved in:
Cover Image
Speculative Runs on Interest Rate Pegs
Bassetto, Marco - 2013
We analyze a new class of equilibria that emerges when a central bank conducts monetary policy by setting an interest rate (as an arbitrary function of its available information) and letting the private sector set the quantity traded. These equilibria involve a run on the central bank's interest...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013085500
Saved in:
Cover Image
Cash-in-advance constraints in a Schumpeterian growth model with an endogenous market structure
Huang, Chienyu; Chang, Juin-jen; Ji, Lei - 2013
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10010221718
Saved in:
Cover Image
Two monetary models with alternating markets
Camera, Gabriele; Chien, YiLi - 2013 - This version: 28 October 2013
We present a thought-provoking study of two monetary models: the cash-in-advance and the Lagos and Wright (2005) models. We report that the different approach to modeling money - reduced-form vs. explicit role - neither induces theoretical nor quantitative differences in results. Given...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10010226599
Saved in:
Cover Image
Cash-in-advance constraint on R&D in a Schumpeterian growth model with an endogenous market structure
Huang, Chienyu; Chang, Juin-jen; Ji, Lei - 2013
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10010189932
Saved in:
Cover Image
Cash-in-advance constraint on R&D in a Schumpeterian growth model with an endogenous market structure
Huang, Chienyu; Chang, Juin-jen; Ji, Lei - 2013
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10009791653
Saved in:
Cover Image
Speculative Runs on Interest Rate Pegs
Bassetto, Marco - 2013
We analyze a new class of equilibria that emerges when a central bank conducts monetary policy by setting an interest rate (as an arbitrary function of its available information) and letting the private sector set the quantity traded. These equilibria involve a run on the central bank's interest...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012459797
Saved in:
Cover Image
Innovation and imitation in a product-cycle model with FDI and cash-in-advance constraints
Chen, Hung-Ju - In: Journal of macroeconomics 58 (2018), pp. 91-114
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012128091
Saved in:
Cover Image
On the nonlinear relationship between inflation and growth : a theoretical exposition
Arawatari, Ryo; Hori, Takeo; Mino, Kazuo - In: Journal of monetary economics 94 (2018), pp. 79-93
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012108775
Saved in:
Cover Image
Quasi-geometric discounting in cash-in-advance economy
Maeda, Daiki - In: Journal of mathematical economics 79 (2018), pp. 51-56
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012105592
Saved in:
Cover Image
Inflation and innovation with a cash-in-advance constraint on human capital accumulation
He, Qichun - In: Economics letters 171 (2018), pp. 14-18
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012021842
Saved in:
Cover Image
Cash-in-advance constraint with status in a neoclassical growth model
Kaminoyama, Ken-ichi; Kawagishi, Taketo - In: Theoretical economics letters 3 (2013) 5, pp. 292-296
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10010243086
Saved in:
Cover Image
Cash-in-advance constraint with status in a neoclassical growth model
Kaminoyama, Ken-ichi; Kawagishi, Taketo - Volkswirtschaftliche Fakultät, … - 2012
In this paper, we assume that a cash-in-advance (CIA) constraint itself depends on relative income, which implies status. This constraint means that agents with higher income are more creditworthy and can make purchases with fewer money holdings. Under this assumption, we construct a one-sector...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10011110605
Saved in:
Cover Image
Rational Bubbles and Macroeconomic Fluctuations. The(De-)Stabilizing Role of Monetary Policy
Clain-Chamosset-Yvrard, Lise; Seegmuller, Thomas - 2012
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10010900253
Saved in:
Cover Image
On imperfect competition with occasionally binding cash-in-advance constraints
Dixon, Huw; Pourpourides, Panayiotis M. - 2012
We depart from the assumption of perfect competition in the final goods sector, commonly used in cash-in-advance (CIA) models, providing extensive theoretical analysis of the general equilibrium of an economy with imperfect competition, endogenous production and fully flexible prices in the...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10009530171
Saved in:
Cover Image
The stabilizing virtues of monetary policy on endogenous bubble fluctuations
Clain-Chamosset-Yvrard, Lise; Seegmuller, Thomas - In: Sunspots and non-linear dynamics : essays in honor of …, (pp. 231-257). 2017
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10011850396
Saved in:
Cover Image
The Cash-in-Advance Constraint in Monetary Growth Models
Heer, Burkhard - 2011
In most monetary models of economic growth, higher long-run inflation is associated with a decline in the growth rate and employment. We show that this result is sensitive with respect to the specification of the cash-in-advance constraint. We consider three types of endogenous growth models:...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10013117984
Saved in:
Cover Image
Liquidity, interest rates and optimal monetary policy
Hörmann, Markus - 2011
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10009152716
Saved in:
Cover Image
Financial crises and assets as media of exchange
Kobayashi, Keiichirō - 2011
We construct a monetary model of financial crises that can explain two characteristic features of the global financial crisis in 2008/2009, namely, the widespread freeze of asset transactions and a sharp contraction in aggregate output. We assume that the assets, such as real estate, work as...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10009154068
Saved in:
Cover Image
A bad-asset theory of financial crises
Kobayashi, Keiichirō - 2011
We propose a simple model of financial crises, which may be useful for the unified analysis of macro and financial policies implemented during the 2008-2009 financial crisis. A financial crisis is modeled as the disappearance of inside money due to the lemon problem à la Akerlof (1970), in a...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10009154069
Saved in:
Cover Image
A model of financial crises : coordination failure due to bad assets
Kobayashi, Keiichirō - 2011
This paper constructs a model of financial crises that can explain characteristic features of the global financial crisis of 2008-2009, namely, the widespread freezing of asset transactions, the sharp contraction of aggregate output, and a deterioration in the labor wedge. This paper assumes...
Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10009154071
Saved in:
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • Next
  • Last
A service of the
zbw
  • Sitemap
  • Plain language
  • Accessibility
  • Contact us
  • Imprint
  • Privacy

Loading...