Agency and nominal frictions in financial markets
This dissertation examines the effects of nominal and agency frictions in three different environments. The first essay builds a New Keynesian model to analyze the effects of changes in the maturity structure of nominal government debt on the real economy and inflation. The model includes nominal fr...
| Main Author: | |
|---|---|
| Language: | English |
| Published: |
University of British Columbia
2015
|
| Online Access: | http://hdl.handle.net/2429/54269 |