Showing 1 - 10 of 1,913
Persistent link: https://www.econbiz.de/10003303993
Persistent link: https://www.econbiz.de/10001709103
Persistent link: https://www.econbiz.de/10001237802
Persistent link: https://www.econbiz.de/10011750667
This article proposes a novel mechanism by which changes in the distribution of money holdings have real aggregate effects. I develop a flexible-price model of segmented asset markets in which monetary policy influences the aggregate demand elasticity via heterogenous money holdings. Because...
Persistent link: https://www.econbiz.de/10012238435
Persistent link: https://www.econbiz.de/10003333826
Persistent link: https://www.econbiz.de/10003319302
Persistent link: https://www.econbiz.de/10008809408
Persistent link: https://www.econbiz.de/10008810134
Persistent link: https://www.econbiz.de/10008810173