Like a good neighbor : monetary policy, financial stability, and the distribution of risk.
Koenig, Evan F.
Like a good neighbor : monetary policy, financial stability, and the distribution of risk.
Bibliografía : páginas 80-82.
Introduction, 57 ; Formalization of the risk-sharing argument, 60 ; Can bankruptcy salvage price-level targeting?, 66 ; A production economy, 69 ; Implications, 73 ; Suggestive evidence, 76 ; Concluding remarks, 76
This paper makes the simple point that price variation may be desirable for reasons that have absolutely nothing to do with output stabilization.
18154654
Política monetaria.
Like a good neighbor : monetary policy, financial stability, and the distribution of risk.
Bibliografía : páginas 80-82.
Introduction, 57 ; Formalization of the risk-sharing argument, 60 ; Can bankruptcy salvage price-level targeting?, 66 ; A production economy, 69 ; Implications, 73 ; Suggestive evidence, 76 ; Concluding remarks, 76
This paper makes the simple point that price variation may be desirable for reasons that have absolutely nothing to do with output stabilization.
18154654
Política monetaria.