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Money, interest, and policy :dynamic general equilibrium in a non-Ricardian w…
An important recent advance in macroeconomics is the development of dynamic stochastic general equilibrium (DSGE) macromodels. The use of DSGE models to study monetary policy, however, has led to paradoxical and puzzling results on a number of central monetary issues including price determinacy and liquidity effects. In Money, Interest, and Policy, Jean-Pascal Benassy argues that moving from th…
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- 9780262268080
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- 1 online resource (xvii, 196 pages) :illustrations
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