Search Results - subject:"discrete dynamic models"

Policy Shocks in a Monetary Asset-Pricing Model with Endogenous Production / Politikeffekte in einem monetären Asset-Pricing-Modell mit Produktion

Schittko, Ulrich K.; Müller, Markus - In: Jahrbücher für Nationalökonomie und Statistik 218 (1999) 1-2, pp. 147-167

Summary In a framework of a monetary asset pricing model with production the effects of monetary and fiscal policy shocks are investigated. The model is kept simple enough to generate explicit formulae for the equilibrium price functions. With money yielding liquidity services in the exchange...

Persistent link: https://www.econbiz.de/10014608656

Policy Shocks in a Monetary Asset-Pricing Model with Endogenous Production

Schittko, Ulrich K.; Müller, Markus - In: Journal of Economics and Statistics (Jahrbuecher fuer … 218 (1999) 1+2, pp. 147-167

In a framework of a monetary asset pricing model with production the effects of monetary and fiscal policy shocks are investigated. The model is kept simple enough to generate explicit formulae for the equilibrium price functions. With money yielding liquidity services in the exchange process...

Persistent link: https://www.econbiz.de/10008596435