Optimal Monetary Growth
收藏NBER1987-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w2136
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资源简介：
In the absence of monetary superneutrality, inflation affects capital accumulation and the demand for real balances. This paper derives the combination of monetary and lump-sum fiscal policy which maximizes the sum of discounted utilities of representative consumers in present and future generations
提供机构：
美国国家经济研究局
创建时间：
1987-01-01
