The Monetary Transmission Mechanism and Business Cycles: The Role of Multi-stage Production with Inventories

The Monetary Transmission Mechanism and Business Cycles: The Role of Multi-stage Production with Inventories

This thesis studies the role of multi-stage production for the monetary transmission mechanism. I employ a monetary search model to show how multi-stage production influences both the long run and the short run effects of money growth. Multi-stage production provides an additional channel for money...

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Bibliographic Details
Main Author: Dai, Tiantian
Other Authors: Queen's University (Kingston, Ont.). Theses (Queen's University (Kingston, Ont.))
Language:en
en
Published: 2012
Subjects:
Search
Business cycles
Multi-stage production
Money
Online Access:http://hdl.handle.net/1974/7471

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