Money, transactions and the business cycle : inspecting the mechanism
This thesis analyses and compares two monetary models - the cash-in-advance (CIA) model and the real-resource-cost (RRC) model - using a Dynamic Stochastic General Equilibrium (DSGE) framework, with perfectly competitive markets and flexible prices. The CIA model is built on the quantitative assessm...
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University of York
2011
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| Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.542827 |