Three Essays on Dynamic General Equilibrium Models with Money
Title | Three Essays on Dynamic General Equilibrium Models with Money PDF eBook |
Author | Joerg Rieger (Ph.D) |
Publisher | |
Pages | 180 |
Release | 2011 |
Genre | |
ISBN |
Three Essays on Dynamic General Equilibrium Models
Title | Three Essays on Dynamic General Equilibrium Models PDF eBook |
Author | Ippei Fujiwara |
Publisher | |
Pages | 0 |
Release | 2009 |
Genre | Economics |
ISBN |
Three Essays on Dynamic General Equilibrium Models
Title | Three Essays on Dynamic General Equilibrium Models PDF eBook |
Author | Francesco Busato |
Publisher | |
Pages | 264 |
Release | 2004 |
Genre | |
ISBN |
Three Essays on Dynamic General Equilibrium Models with Informal Sector and Institutions
Title | Three Essays on Dynamic General Equilibrium Models with Informal Sector and Institutions PDF eBook |
Author | Francesco Busato |
Publisher | |
Pages | |
Release | 2002 |
Genre | |
ISBN |
Three Essays on the Theory of Money and Financial Institutions Essay 2
Title | Three Essays on the Theory of Money and Financial Institutions Essay 2 PDF eBook |
Author | Martin Shubik |
Publisher | |
Pages | 25 |
Release | 2016 |
Genre | |
ISBN |
This essay is the second of three. The first is nontechnical and in part autobiographical describing the evolution of my approach to developing a micro economic theory of money and financial institutions. This essay is devoted to a mathematical sketch of a closed economic exchange system with general equilibrium GE and rational expectations RE viewed game theoretically. It squeezes the last drop out of statics and an illusory dynamics in the form of the RE extension of GE with no other externalities beyond money and markets. The third essay builds on process models adding uncertainty, innovation, an active government, nonsymmetric information and other externaties that all lead away from a static equilibrium model to an evolving entity where competition involving finance and innovation is part of a dynamic non-equilibrium process.
Three Essays on General Equilibrium Models with Imperfect Financial Markets
Title | Three Essays on General Equilibrium Models with Imperfect Financial Markets PDF eBook |
Author | Marcos de Barros Lisboa |
Publisher | |
Pages | 244 |
Release | 1996 |
Genre | |
ISBN |
Three Essays on General Macroeconomics
Title | Three Essays on General Macroeconomics PDF eBook |
Author | Shuaiyi Liu |
Publisher | |
Pages | 164 |
Release | 2020 |
Genre | Electronic books |
ISBN |
The thesis is made up of three chapters that work on three distinct topics in macroeconomics. The first chapter is a theoretical work on monetary policy, in which a coherent and intuitive large-scale Dynamic Stochastic General Equilibrium (DSGE) model matching with particulars of the Chinese economy is established to understand how and why Reserve Requirement Ratio (RRR) works within Chinese monetary policy regime. The second chapter reveals the relationship between phenomenon of inequality and secular stagnation with a three-period Overlapping Generations (OLG) model built within a heterogeneous agent framework. It also points out workable ways of conducting macroprudential policy given the aforesaid two phenomena. The third chapter both theoretically and empirically examines effectiveness of the currency board system in Hong Kong using an advanced macroeconomic modeling toolbox as well as a workhorse model used by a mass of central banks that is further modified to be in line with reality of the Hong Kong economy.