Alternative approaches to interest rate smoothing.

• Other Authors: Tam, Chak Yue Ben.
• Format: Others
• Language: English
• Published: 1997
• Subjects: Interest rates > Econometric models; Monetary policy > Econometric models
• Online Access: http://library.cuhk.edu.hk/record=b5889137; http://repository.lib.cuhk.edu.hk/en/item/cuhk-322704

Tam Chak Yue, Ben. === Thesis (M.Phil.)--Chinese University of Hong Kong, 1997. === Includes bibliographical references (leaves 49-51). === Chapter 1. --- Introduction --- p.3 === Chapter 2. --- Money and Growth in the neoclassical production function --- p.7 === Chapter 2.1 --- The Real Competitive Equilibrium --- p.8 === Chapter 2.2 --- The Monetary Competitive Equilibrium with the Cash-in-Advance approach --- p.11 === Chapter 2.3 --- Alternative Approach: Money-in-Utility-Function --- p.16 === Chapter 2.4 --- Alternative Approach: Transaction Cost --- p.20 === Chapter 3. --- Three Approaches with Endogenous Leisure --- p.25 === Chapter 3.1 --- The Real Competitive Equilibrium --- p.26 === Chapter 3.2 --- The Alternative Approaches to Interest Rate Smoothing --- p.28 === Chapter 3.2.1 --- The Cash-in-Advance Approach --- p.28 === Chapter 3.2.2 --- The Money-in-Utility-Function Approach --- p.29 === Chapter 3.2.3 --- The Transaction Cost Approach --- p.30 === Chapter 4. --- Money and Growth in an Economy with Endogenous Growth --- p.35 === Chapter 4.1 --- The Real Competitive Equilibrium of Ak Model --- p.36 === Chapter 4.2 --- The Alternative Approaches --- p.37 === Chapter 4.2.1 --- The Cash-in-Advance Approach --- p.37 === Chapter 4.2.2 --- The Money-in-Utility-Function Approach --- p.39 === Chapter 4.2.3 --- The Transaction Cost Approach --- p.40 === Chapter 5. --- Concluding Remark --- p.44 === Appendix --- p.46 === Chapter A1. --- The First Order Condition of The MIUF Approach with Endogenous Leisure --- p.46 === Chapter A2. --- The First Order Condition of The TC Approach with Endogenous Leisure --- p.46 === Chapter A3. --- The Transitional Dynamics of Ak Model with The money-in-utility-function Approach --- p.47 === Literature Cited --- p.50