Detail Koleksi Is Money Net Wealth ?   Oleh:  Weil, Philippe Jenis: Article from Bulletin/Magazine Dalam koleksi: INTERNATIONAL ECONOMIC REVIEW vol. 32 no. 1 (1991), halaman 37-54. Topik: MONEY; money; wealth Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: II49 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel The paper develops a simple monetary model, hybrid of the Sidrauski and overlapping generation frameworks, in which new dynasties of infinitely - lived agents continuously enter the economy. It is shown that the long - run non superneutrality of money in life - cycle models is a modality of the violation of the Ricardian debt neutrality proposition : the very same intergenerational redistribution effects which, on the fiscal side, are the source of debt nonneutrality are at work, on the monetary side, to create monetary wealth effects and make money non superneutral in the long run. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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