Showing 685,391 - 685,400 of 688,981
Persistent link: https://www.econbiz.de/10003344572
This paper develops a search-theoretic model to study the interaction between banking and monetary policy and how this interaction affects the allocation and welfare. Regarding how banking affects the welfare costs of inflation: First, we find that, with banking, inflation generates smaller...
Persistent link: https://www.econbiz.de/10003790575
Persistent link: https://www.econbiz.de/10003796745
Persistent link: https://www.econbiz.de/10003821917
Persistent link: https://www.econbiz.de/10003884055
Persistent link: https://www.econbiz.de/10003437257
Persistent link: https://www.econbiz.de/10003473140
Persistent link: https://www.econbiz.de/10003477606
Persistent link: https://www.econbiz.de/10008697646
Persistent link: https://www.econbiz.de/10003939878