Inside And Outside Money
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The Value Of Inside And Outside Money
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Author : James Bullard
language : en
Publisher:
Release Date : 2000
The Value Of Inside And Outside Money written by James Bullard and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Money categories.
A Model In Which Outside And Inside Money Are Essential
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Author : David C. Mills
language : en
Publisher:
Release Date : 2006
A Model In Which Outside And Inside Money Are Essential written by David C. Mills and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Money categories.
I present an environment for which both outside and inside money are essential as means of payment. The key model feature is that there is imperfect monitoring of issuers of inside money. I use a random matching model of money where some agents have private trading histories and others have trading histories that can be publicly observed only after a lag. I show via an example that for lags that are neither too long nor too short, there exist allocations that use both types of money that cannot be duplicated when only one type is used. Inside money provides liquidity that increases the frequency of trades, but incentive constraints restrict the amount of output that can be traded. Outside money is immune to such constraints and can trade for higher levels of output.
Inside Outside Money Competition
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Author : Ramon Marimon
language : en
Publisher:
Release Date : 2003
Inside Outside Money Competition written by Ramon Marimon and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Demand for money categories.
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A Model In Which Outside And Inside Money Are Essential
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Author : David C. Mills (jr.)
language : en
Publisher:
Release Date : 2006
A Model In Which Outside And Inside Money Are Essential written by David C. Mills (jr.) and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.
Inside And Outside Money
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Author : Ricardo A. Lagos
language : en
Publisher:
Release Date : 2006
Inside And Outside Money written by Ricardo A. Lagos and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Money categories.
Inside And Outside Money
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Author : Ricardo Lagos Escobar
language : en
Publisher:
Release Date : 2006
Inside And Outside Money written by Ricardo Lagos Escobar and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.
Inside Money And Monetary Neutrality
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Author : Peter R. Hartley
language : en
Publisher:
Release Date : 1986
Inside Money And Monetary Neutrality written by Peter R. Hartley and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986 with Money categories.
This paper examines the interaction between the financial and real sectors of the economy within the framework of a stochastic, rational expectation model that distinguishes between inside and outside money. The model also can be used to study the impact of variations in the degree of intermediation, measured by the elasticity of bank deposit supply. In contrast to earlier work which emphasized confusion between monetary and real shocks, we focus on the role played by confusion between inside and outside money and temporary and permanent base money disturbances. Financial sector disturbances, as well as temporary shocks tothe monetary base, are shown to have real effects even when private agents have complete information. When contemporaneous information on economic disturbances is incomplete, permanent shocks to the monetary base also have real effects. If our model is correct, it is invalid to reject equilibrium models of the business cycle on the grounds that anticipated money affects output. We argue that this result is robust in the sense that many "reasonable" models which incorporate inside money would yield a non-neutrality of portfolio and temporary base money supply shocks
Inside Money Outside Money And Short Term Interest Rates
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Author : V. V. Chari
language : en
Publisher:
Release Date : 1995
Inside Money Outside Money And Short Term Interest Rates written by V. V. Chari and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Interest rates categories.
Inside Money Outside Money And Inflation
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Author : John Fink Boschen
language : en
Publisher:
Release Date : 1987
Inside Money Outside Money And Inflation written by John Fink Boschen and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1987 with Econometrics categories.
Outside Money Inside Money And Monetary Policy
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Author : Cezar Botel
language : en
Publisher:
Release Date : 2000
Outside Money Inside Money And Monetary Policy written by Cezar Botel and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with categories.