Sub-optimality of the Friedman rule in Townsendś turnpike and stochastic relocation models of money : do finite lives and initial dates matter?
Year of publication: |
2006
|
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Authors: | Bhattacharya, Joydeep ; Haslag, Joseph H. ; Martin, Antoine |
Published in: |
Journal of economic dynamics & control. - Amsterdam [u.a.] : Elsevier, ISSN 0165-1889, ZDB-ID 717409-3. - Vol. 30.2006, 5, p. 879-897
|
Subject: | Geldmengensteuerung | Monetary targeting | Geldpolitik | Monetary policy | Turnpike-Theorem | Turnpike theorem | Overlapping Generations | Overlapping generations | Theorie | Theory |
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