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| Author: | Rotheli, T. F. |
| Title: | A money-market and credit-market model of the determination of the interest rate and the price level |
| Journal: | Schweizerische Zeitschrift für Volkswirtschaft und Statistik
1990 : VOL. 126:4, p. 521-534 |
| Index terms: | MACROECONOMIC MODELS INTEREST RATES PRICE LEVEL |
| Language: | eng |
| Abstract: | A model is developed with interest rate endogenized which outlines the role of the liquidity effect and non-monetary factors for the interplay of interest rate and price level. In the empirical section of the paper the model is estimated for Switzerland over a period with virtually no change of monetary procedure. |
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