Search Results - subject:"Cash in Advance"

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On Cash in Advance Constraints for Open Economies

Mansoorian, Arman - Department of Economics, York University - 1999

The implications of different cash in advance (CIA) constraints for open economies are worked out. If CIA constraints …

Persistent link: https://www.econbiz.de/10005558036

Central Bank Independence Promotes Budgetary Efficiency

Doi, Takero - EconWPA - 1998

central bank. An advantage of our analysis is to employ a two-country model with cash-in- advance constraints. The model can …

Persistent link: https://www.econbiz.de/10005556900

Other People's Money: The Microfoundations of Optimal Currency Areas

Minford, Patrick - C.E.P.R. Discussion Papers - 1993

examines whether there is support for it in the microfoundations of linked open economies. It uses the cash-in-advance general … comes from the cash-in-advance constraint, which causes labour supply to respond to expected inflation (and so money growth …

Persistent link: https://www.econbiz.de/10005136405

A Simple Model of Money and Taxes and an Illustration with Brazilian Data

Giovannini, Alberto; Turtelboom, Bart - C.E.P.R. Discussion Papers - 1992

We explore the properties of velocity in a model where agents are required by law to use money to pay taxes, but not for any other private purchases. The model is applied to Brazil between 1975 and 1990. We show that the model mimics consumption velocity very closely during the high-inflation years.

Persistent link: https://www.econbiz.de/10005661982

Government Deficits and Speculation

Honkapohja, Seppo; Lempinen, Urho - C.E.P.R. Discussion Papers - 1987

features from growth theory. Money holdings are modelled through a simple cash-in-advance constraint and all the assets are …

Persistent link: https://www.econbiz.de/10005666980