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| Tekijä: | Bénassy, J. -P. |
| Otsikko: | Liquidity effects in non-Ricardian economies |
| Lehti: | Scandinavian Journal of Economics
2006 : VOL. 108:1, p. 65-79 |
| Asiasana: | liquidity |
| Kieli: | eng |
| Tiivistelmä: | The objective of this article is to examine a new mechanim through which liquidity effects are introduced into dynamic monetary models. Findings show that moving to a non-Ricardian environment where new agents enter the economy in each period allows such a liquidity effect to be generated. |
SCIMA