| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP16222 |
| DP16222 Interest, Reserves and Prices | |
| PIerpaolo Benigno; Gianluca Benigno | |
| 发表日期 | 2021-06-03 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | We would like to propose a new framework for monetary policy analysis that encompasses, as a special case, the Neo-Wicksellian paradigm. A general form of an aggregate-demand equation reveals a role for liquidity, as well as less effective movements in future real rates with respect to current ones, in stimulating aggregate demand. The quantity of reserves and their interest rate both matter for determining inflation and economic activity. |
| 主题 | Monetary Economics and Fluctuations |
| URL | https://cepr.org/publications/dp16222-0 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/545191 |
| 推荐引用方式 GB/T 7714 | PIerpaolo Benigno,Gianluca Benigno. DP16222 Interest, Reserves and Prices. 2021. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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