Monetary Policy and Bubbles in a New Keynesian Model with Overlapping Generations
收藏NBER2020-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w26796
下载链接
链接失效反馈官方服务：
资源简介：
I analyze an extension of the New Keynesian model that features overlapping generations of finitely-lived agents and (stochastic) transitions to inactivity. In contrast with the standard model, the proposed framework allows for the existence of rational expectations equilibria with asset price
提供机构：
美国国家经济研究局
创建时间：
2020-03-01
