Christian A Stoltenberg
Datos Biográficos
| ID | 5733334 |
|---|---|
| NOMBRE | Christian A Stoltenberg |
| NOMBRES | Christian A |
| APELLIDO | Stoltenberg |
| FIRMA | STOLTENBERG C A |
| AFILIACIONES | University of Amsterdam and Tinbergen Institute |
| ORCID | 0000-0001-5922-9051 |
| VERIFICADO | Sí |
| TOTAL DE OBRAS | 1 |
| TOTAL DE CITAS | 0 |
| TOTAL COMO AUTOR | 1 |
| TOTAL COMO EDITOR | 0 |
| PRIMER AÑO DE PUBLICACIÓN | 2015 |
| AÑO MÁS RECIENTE DE PUBLICACIÓN | 2015 |
| ÍNDICE H | 0 |
Monetary Policy and the Transaction Role of Money in the US
The declining importance of money in transactions can explain the well-known fact that U.S. interest rate policy was passive in the pre-Volcker period and active after 1982. We generalise a standard cashless New Keynesian model (Woodford2003) by incorporating an explicit transaction role for money. In the pre-Volcker period, we estimate that money did play an important role and determinacy required a passive interest rate policy. However, after 1…
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Monetary Policy and the Transaction Role of Money in the US
The declining importance of money in transactions can explain the well-known fact that U.S. interest rate policy was passive in the pre-Volcker period and active after 1982. We generalise a standard cashless New Keynesian model (Woodford2003) by incorporating an explicit transaction role for money. In the pre-Volcker period, we estimate that money did play an important role and determinacy required a passive interest rate policy. However, after 1…
Database transaction (1 obras) · Determinacy (1 obras) · Economic theories and models (1 obras) · Economic Theory and Policy (1 obras) · Economics (1 obras) · Endogenous money (1 obras) · Interest rate (1 obras) · Keynesian economics (1 obras) · Macroeconomics (1 obras) · Monetary economics (1 obras)