The Role of Overlapping-Generations Models in Monetary Economics
收藏NBER1982-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w0989
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The main arguments of this paper can be summarized as follows. (1) The overlapping-generations (OG) structure provides a useful framework for the analysis of macroeconomic issues involving intertemporal allocation. (2) As a "model of money," the basic OG setup -- which excludes cash-in-advance or
提供机构：
美国国家经济研究局
创建时间：
1982-09-01
