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Channels of monetary policy : proceedings of the Nineteenth Annual Economic Policy Conference of the Federal Reserve Bank of St. Louis

In: Review / Federal Reserve Bank of St. Louis 77 (1995) 3

Persistent link: https://www.econbiz.de/10001187699

Lessons from financial history : proceedings of the Twenty-Second Annual Economic Policy Conference of the Federal Reserve Bank of St. Louis

In: Review / Federal Reserve Bank of St. Louis 80 (1998) 3, pp. 3-152

Persistent link: https://www.econbiz.de/10001248597

Money and capital: a quantitative analysis

Aruoba, S. Boragan; Waller, Christopher J.; Wright, Randall - Federal Reserve Bank of St. Louis - 2009

We study the effects of money (anticipated inflation) on capital formation. Previous papers on this topic adopt reduced …-form approaches, putting money in the utility function or imposing cash in advance, but use otherwise frictionless models. We follow a … literature that is more explicit about the frictions making money essential. This introduces several new elements, including a …

Persistent link: https://www.econbiz.de/10005077876

Private and public circulating liabilities

Azariadis, Costas; Bullard, James; Smith, Bruce - Federal Reserve Bank of St. Louis - 2000

, either by themselves, or alongside a stock of outside money. In each case we provide results on the existence and …

Persistent link: https://www.econbiz.de/10005352978

Modeling monetary economies: an equivalence result

Camera, Gabriele; Chien, YiLi - Federal Reserve Bank of St. Louis - 2013

This paper offers a methodological contribution to monetary theory. First, it presents a model economy with cash-in-advance constraints, following the work of Lucas in the early 80’s; then, it specializes the model to preferences and shocks assumed in the Lagos and Wright (2005) framework....

Persistent link: https://www.econbiz.de/10011027345