Listar Documentos de trabajo DE - ES Lan Gaiak por tema "Money"
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Dynamic analysis in an optimizing monetary model with transaction costs and endogenous investment
This paper analyzes the period-to-period changes that occur in an optimizing monetary model with uncertainty and sticky prices. Money is incorporate in its role as a medium of exchange through a time-cost transactions ... -
Long run analysis in alternative optimizing monetary models
This paper explores the transmission channel from monetary variables to real variables in the steady-rate equilibria of various neoclassical optimizing models with money. The existence of superneutrality is rejected for ...