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1. |
Record Nr. |
UNINA9910452346903321 |
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Autore |
Bénassy Jean-Pascal |
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Titolo |
Money, interest, and policy [[electronic resource] ] : dynamic general equilibrium in a non-Ricardian world / / Jean-Pascal Bénassy |
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Pubbl/distr/stampa |
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Cambridge, Mass., : MIT Press, c2007 |
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ISBN |
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1-282-09700-8 |
0-262-26808-6 |
9786612097003 |
1-4294-6553-0 |
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Descrizione fisica |
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1 online resource (215 p.) |
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Disciplina |
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Soggetti |
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Money - Mathematical models |
Equilibrium (Economics) - Mathematical models |
Electronic books. |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di bibliografia |
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Includes bibliographical references (p. [189]-194) and index. |
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Nota di contenuto |
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Introduction; Part I - Ricardian and Non-Ricardian Economies; 1 - The Ricardian Issue and the Pigou Effect; 2 - Pigou Reconstructed: The Weil Model; Part II - Interest, Prices, and Money; 3 - Liquidity Effects; 4 - Interest Rate Rules and Price Determinacy; 5 - Global Determinacy; 6 - Fiscal Policy and Determinacy; Part III - Optimal Policy; 7 - A Simple Framework for Policy Analysis; 8 - Government Information and Policy Activism; 9 - Fiscal Policy and Optimal Interest Rate Rules; 10 - Inflation and Optimal Interest Rate Rules; Bibliography; Index |
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Sommario/riassunto |
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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 the standard DSGE models - which he calls "Ricardian" because they have the famous "Ricardian equivalence" property-to another, "non-Ricardian" model would resolve many of these issues. A Ricardian model represents a household as a homogeneous family of infinitely |
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lived individuals, and Benassy demonstrates that a single modification-the assumption that new agents are born over time (which makes the model non-Ricardian)-can bridge the current gap between monetary intuitions and facts, on one hand, and rigorous modeling, on the other.After comparing Ricardian and non-Ricardian models, Benassy introduces a model that synthesizes the two approaches, incorporating both infinite lives and the birth of new agents. Using this model, he considers a number of issues in monetary policy, including liquidity effects, interest rate rules and price determinacy, global determinacy, the Taylor principle, and the fiscal theory of the price level. Finally, using a simple overlapping generations model, he analyzes optimal monetary and fiscal policies, with a special emphasis on optimal interest rate rules. |
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2. |
Record Nr. |
UNINA9910153281603321 |
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Autore |
Kaiser Toni |
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Titolo |
Maggiatal : Wandermagazin SCHWEIZ 9 2013 / / Toni Kaiser, Jochen Ihle, Peter-Lukas Meier |
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Pubbl/distr/stampa |
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Solothurn, [Switzerland] : , : Rothus Verlag, , 2013 |
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©2013 |
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ISBN |
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3-906274-03-9 |
3-906060-17-9 |
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Descrizione fisica |
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1 online resource (100 p.) |
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Collana |
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Disciplina |
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796.5 |
796.5/1/09494 |
796.5109494 |
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Soggetti |
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Hiking - Switzerland |
Switzerland Description and travel |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di contenuto |
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Editorial; Inhalt; Thema | Hinteres Maggiatal: Hier regiert der Stein; Outdoor | Tessin: Im Reich der Kristalle; Outdoor | Tessin: Wohnen unter Felsdächern ; Outdoor | Tessin: Zwischen Felsen und Abrgründen; |
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Outdoor | Tessin: Energie tanken; Outdoor | Tessin: Marmor unter den Füssen; Outdoor | Tessin: Auf der Sonnenseite der Walser ; Outdoor | Tessin: Alpine Baukunst; Outdoor | Tessin: Einsame Berghütte gesucht?; Outdoor | Jura: Wenn Pflanzen reisen; Outdoor | Graubünden: Unterwegs mit dem Wander Fritz; Thema | Via Alta Vallemaggia: Steinige Pfade |
Portfolio | Toni Kaiser: Magisches Wasser im MaggiatalJetzt aber raus!; Die Schweizer Wandergeschichte | Peter Krebs: Von Nashörnern und Menschen; Familientipp | Höhlentouren: Im Reich der Finsternis ; Hintergrund | Regenjacken: Lieber nicht nass werden!; Echt Schweiz | Heimat, Brauchtum, Tradition: Wilde Wasser, steile Wege; Mix | Neues aus der Wanderwelt; Mix | Ausstellungen und Events: Steinwelten; Bahnwandern | 100 Jahre Lötscherbergbahn: Grosser Bahnhof; Leserseiten | Ihre Lieblingstour: Wanderziel Greina; Leserseiten | Neue Bücher: Lesenswert |
Leserseiten | Ihre Meinung: Nichts für FlachwandererLeserseiten | Rätseln und Gewinnen: Wo ist das?; Vorschau | 10/11 2013 |
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Sommario/riassunto |
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Es ist eine steile und steinige Welt, die Täler des «Alta Vallemaggia». Doch wer die erste Steilstufe der Valle Bavona, Antabia, Calnègia, Campo und wie sie alle heissen auf oft spektakulären Treppenwegen hinter sich gebracht hat, findet sich unvermittelt in einer anderen Welt wieder. Hier, wo früher die Talbewohner in ihrem erbarmungslosen Überlebenskampf ihr Vieh in einem jahreszeitlich bedingten Nomadismus gesömmert und Heu für die Wintermonate eingebracht haben, sind es heute Wandertouristen, die auf den lieblichen Alpen Ruhe und Erholung suchen. Die Ausgabe 9_2013 des «Wandermagazin SCHWE |
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