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Janus's money demand and time inconsistency : a new impossibility theorem?
Faria, João Ricardo; McAdam, Peter - 2023
Persistent link: https://www.econbiz.de/10014317555
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Janus’s Money Demand and Time Inconsistency : A New Impossibility Theorem
Faria, Joao Ricardo; McAdam, Peter - 2023
We derive a very general ("Janus") money demand function, which reflects backward and forward-looking habit formation. This generality offers an explanation for the breakdown of money-demand functions and policy relevance of monetary aggregates. Integrating our Janus money demand into a...
Persistent link: https://www.econbiz.de/10014354736
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The"new political economy" : two recent books
Saint-Paul, Gilles - 2000
Persistent link: https://www.econbiz.de/10001467761
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Monetary policy under Bernanke : a variation on a redistributionist theme
Horwitz, Steven Gary - In: The journal of private enterprise 30 (2015) 4, pp. 31-41
Persistent link: https://www.econbiz.de/10011687049
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Monetary and fiscal policy
Persson, Torsten (contributor);  … - 1994
Persistent link: https://www.econbiz.de/10000889196
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Whom can we trust to run the fed? : theoretical support for the founders' views
Faust, Jon - 1992
Persistent link: https://www.econbiz.de/10000840921
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The political economy of monetary reform
Aliber, Robert Z. (ed.) - 1977
Persistent link: https://www.econbiz.de/10000582146
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Glaubwürdigkeitsprobleme in der Geldpolitik : institutionelle Lösungsansätze auf spieltheoretischer Grundlage
Hamacher, Stefanie - 1995
Persistent link: https://www.econbiz.de/10000531432