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Optimal Monetary Impulse-Response Functions in a Matching Model

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NBER1999-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w7425
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The effects on ex ante optima of a lag in seeing monetary realizations are studied using a matching model of money. The main new ingredient in the model is meetings in which producers have more information than consumers. A consequence is that increases in the amount of money that occur with small
创建时间:
1999-11-01
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