Donald Friedman, The Writer’s Brush
نویسندگان
چکیده
منابع مشابه
Implementing the Friedman Rule
In cash-in-advance models, necessary and sufficient conditions for the existence of an equilibrium with zero nominal interest rates and Pareto optimal allocations place restrictions only on the very long-run, or asymptotic, behavior of the money supply. When these asymptotic conditions are satisfied, they leave the central bank with a great deal of flexibility to manage the money supply over an...
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ژورنال
عنوان ژورنال: Interfaces
سال: 2018
ISSN: 1164-6225,2647-6754
DOI: 10.4000/interfaces.609