The Barnett Critique After Three Decades: A New Keynesian Analysis
收藏NBER2012-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w17885
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资源简介：
This paper extends a New Keynesian model to include roles for currency and deposits as competing sources of liquidity services demanded by households. It shows that, both qualitatively and quantitatively, the Barnett critique applies: While a Divisia aggregate of monetary services tracks the true
提供机构：
美国国家经济研究局
创建时间：
2012-03-01
