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monetary policy.Chapter 1 studies the choice of endogenous means of payment when holding money is risky. In steady state … interest rate. Credit may be used when the return on money is not positive. A positive money injection reduces the crime rate … households exchange money for interest-bearing government nominal bonds in the asset market. The government injects money through …
Persistent link: https://www.econbiz.de/10009466028
The Forest Service manages land for a diverse array of purposes under the Multiple Use Doctrine. Many of these uses are incompatible and lead to conflict The goal of my research is to explain what guides the Forest Service's management decisions, since this is critical to understanding how...
Persistent link: https://www.econbiz.de/10009474978
In this paper the authors report the results of the estimation of a rich dynamic stochastic general equilibrium (DSGE) model of the U.S. economy with both stochastic volatility and parameter drifting in the Taylor rule. They use the results of this estimation to examine the recent monetary...
Persistent link: https://www.econbiz.de/10009475410
Tyrimo tikslas: įvertinti atlyginimų "vokelyje" praktikos paplitimo mastus Lietuvoje. Respondentams buvo pateikti klausimai, ar jie gauna neapmokestinamų pajamų bei klausta, kokią dalį pajamų procentais sudaro tokios neapmokestinamos pajamos. Socialinės demografinės charakteristikos:...
Persistent link: https://www.econbiz.de/10009478373
This paper examines Robert E. Lucas's views on the relationship of macroeconomics to real world economic phenomena, and on Keynes's place in its history, suggesting that these stem from a particular and debatable understanding of how the subdiscipline has evolved. It considers some implications...
Persistent link: https://www.econbiz.de/10009447272
While there has been a relatively large number of studies conducted to investigate associations between financial problems and marital outcomes, little research has been done to examine possible relationships between materialistic attitudes, perceived financial problems, and marital outcomes....
Persistent link: https://www.econbiz.de/10009456714
non trivial investment decisions Allowing for two goods Introducing money Introducing price setting Introducing staggering …
Persistent link: https://www.econbiz.de/10009433258
for non trivial investment decisions; Allowing for two goods; Introducing money; Introducing price setting; Introducing …
Persistent link: https://www.econbiz.de/10009433264
Incluye bibliografía ; We examine the role of money in three environments: the New Keynesian model with separable … utility and static money demand ; a nonseparable utility variant with habit formation ; and a version with adjustment costs … for holding real balances. The last two variants imply forward-looking behavior of real money balances, with forecasts of …
Persistent link: https://www.econbiz.de/10012529956
By using a broker, the owner of a house can speed up his search for buyers but must pay a percentage of the sale price as a commission. Nonstationarities inherent in the housing market may make it optimal to market a house “by-owner” at the outset and to retain a broker only if the house...
Persistent link: https://www.econbiz.de/10009477288