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Household excess savings and the transmission of monetary policy
Ferreira, Thiago R. T.; Gornemann, Nils; Ortiz, Julio L. - 2024
Persistent link: https://www.econbiz.de/10015075777
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Monetary policy with heterogeneous risk
Monacelli, Tommaso; Colarieti, Roberto - 2022
Persistent link: https://www.econbiz.de/10012880098
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Business cycle dynamics of a new Keynesian overlapping generations model with progressive income taxation
Heer, Burkhard (contributor); Maußner, Alfred (contributor) - 2006
In our dynamic optimizing sticky price model, agents are heterogeneous with regard to their age and their productivity. We find that the business cycle dynamics in the OLG model in response to both a technology shock and a monetary shock are similar, but not completely identical to those found...
Persistent link: https://www.econbiz.de/10003301356
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Population growth, saving, interest rates and stagnation : discussing the Eggertsson-Mehrotra model
Spahn, Peter - 2016
Post Keynesian stagnation theory argues that slower population growth dampens consumption and investment. A New …
Persistent link: https://www.econbiz.de/10011575978
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Savings, asset scarcity, and monetary policy
Altermatt, Lukas - 2018
This paper analyzes optimal monetary and fiscal policy in a model where money and savings are essential and asset …
Persistent link: https://www.econbiz.de/10011857574
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Optimal inflation rate in a life-cycle economy
Oda, Takemasa - 2016
Persistent link: https://www.econbiz.de/10011554917
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Intergenerational redistributive effects of monetary policy
Bielecki, Marcin; Brzoza-Brzezina, Michał; Kolasa, Marcin - 2021
Persistent link: https://www.econbiz.de/10012512644
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Intergenerational redistributive effects of monetary policy
Bielecki, Marcin; Brzoza-Brzezina, Michał; Kolasa, Marcin - 2021
Persistent link: https://www.econbiz.de/10012654811
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Why aging induces deflation and secular stagnation
Braun, R. Anton; Ikeda, Daisuke - 2022
We provide a quantitative theory of deflation and secular stagnation. In our lifecycle framework, an aging population … puts persistent downward pressure on the price level, real interest rates, and output. A novel feature of our theory is …
Persistent link: https://www.econbiz.de/10013382196
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The redistributive effects of monetary policy in an overlapping generations model
Baek, Seungjun - In: European economic review : EER 155 (2023), pp. 1-28
Persistent link: https://www.econbiz.de/10014438886