Dynamic Behavior of Capital Accumulation in a Cash-in-Advance Model
收藏NBER1985-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w1549
下载链接
链接失效反馈官方服务：
资源简介：
This paper analyzes the dynamic behavior of capital accumulationin Stockman's (1981) cash-in-advance model. If the cash-in-advance constraint applies only to consuittion, then money is superneutral along the transition path as well as in the long run. Alternatively, if the cash-in-advance constraint
提供机构：
美国国家经济研究局
创建时间：
1985-01-01
