The Role of Overlapping-Generations Models in Monetary Economics
收藏数据链接：
官方服务：
资源简介：
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
