Working through the Distribution: Money in the Short and Long Run
收藏NBER2015-12-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w21779
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资源简介:
We construct a tractable model of monetary exchange with search and bargaining that features a non- degenerate distribution of money holdings in which one can study the short-run and long-run effects of changes in the money supply. While money is neutral in the long run, a one-time money injection
提供机构:
美国国家经济研究局
创建时间:
2015-12-01



