Showing 1 - 10 of 896,152
Persistent link: https://www.econbiz.de/10009504750
Persistent link: https://www.econbiz.de/10001597693
I use the monetary version of the neoclassical growth model developed by Aruoba, Waller and Wright (2008) to study the properties of the model when there is exogenous growth. I first consider the planner's problem, then the equilibrium outcome in a monetary economy. I do so by first using...
Persistent link: https://www.econbiz.de/10013157393
Persistent link: https://www.econbiz.de/10000678798
Persistent link: https://www.econbiz.de/10000934579
Persistent link: https://www.econbiz.de/10000422628
Persistent link: https://www.econbiz.de/10000045618
Persistent link: https://www.econbiz.de/10002592873
redeemed. If the budget deficit is excessive, inflation will be triggered. About this excessive budget deficit that has caused … inflation, only the excess portion should be reduced, and there is no need to make up for past excesses by creating surpluses or …
Persistent link: https://www.econbiz.de/10013229674
Persistent link: https://www.econbiz.de/10008939626