[图书][B] Capital account liberation: Methods and applications
Y Yirong, JYL Forrest - 2015 - books.google.com
This book details the benefits and risks of capital account liberalization and explains how to
take an open-door policy, at the appropriate time, in order to reduce the risk to the lowest …
take an open-door policy, at the appropriate time, in order to reduce the risk to the lowest …
Money targeting, heterogeneous agents, and dynamic instability
The limited asset-market participation hypothesis has triggered a debate on DSGE models'
determinacy when the central bank implements a standard Taylor rule. We reconsider the …
determinacy when the central bank implements a standard Taylor rule. We reconsider the …
Money, payments systems, limited participation, and central banking
HS Choi - The North American Journal of Economics and Finance, 2023 - Elsevier
A limited participation model is constructed to capture the role of a centralized payments
system in conducting central bank's policies. The government controls a money stock …
system in conducting central bank's policies. The government controls a money stock …
Money, credit, and limited participation
HS Choi - Macroeconomic Dynamics, 2011 - cambridge.org
An asset market segmentation model is constructed to study the distributional effects of
monetary policy when economic individuals can choose means of payment among …
monetary policy when economic individuals can choose means of payment among …
Money Targeting, Heterogeneous Agents and Dynamic Instability
G Motta, P Tirelli - University of Milan Bicocca Department of …, 2013 - papers.ssrn.com
Following a seminal contribution by Bilbiie (2008), the Limited Asset Market Participation
hypothesis has triggered a debate on DSGE models determinacy when the central bank …
hypothesis has triggered a debate on DSGE models determinacy when the central bank …