Zobrazeno 1 - 10
of 34
pro vyhledávání: '"Arman Mansoorian"'
Publikováno v:
The B.E. Journal of Macroeconomics. 23:1-25
In this paper we extend the Hicksian compensating variation welfare measure in two directions. First, we adjust the size of the compensating variation in order to account for the fact that the compensating transfers will result in changes in output,
Autor:
Leo Michelis, Arman Mansoorian
Publikováno v:
Canadian Journal of Economics/Revue canadienne d'économique. 49:815-833
In this paper, we measure the contribution of durable goods to the welfare cost of inflation, in the context of an endogenous growth model with durable and nondurable goods, where purchases of the latter require only a partial cash payment compared w
Autor:
Arman Mansoorian
Publikováno v:
Open Economies Review. 25:721-737
The effects of inflation are considered for a small open economy with overlapping generations and a cash-in-advance constraint on consumption. In an endowment economy with one good, the model recovers the adjustment mechanism underlying the monetary
Autor:
Mohammed Mohsin, Arman Mansoorian
Publikováno v:
Journal of International Money and Finance. 32:234-250
The effects of inflation are worked out for a small open economy with Cash-in-Advance (CIA) constraints on bond purchases. If all transactions are subject to CIA constraints, an increase in the inflation rate will reduce savings, bringing about a cur
Autor:
Mohammed Mohsin, Arman Mansoorian
Publikováno v:
The North American Journal of Economics and Finance. 21:228-240
The effects of trade liberalizations are studied for a small open economy in a model with durable goods. A trade liberalization increases the permanent income of the representative agent, because it removes trade distortions. The increase in permanen
Autor:
Mohammed Mohsin, Arman Mansoorian
Publikováno v:
Economic Record. 86:342-351
We consider inflation stabilisation policies for a small open economy with an endogenous time preference when consumption exhibits durability. The time preference effect and the durability effect have competing influences on the adjustment of consump
Publikováno v:
Macroeconomic Dynamics. 14:365-387
The effects of inflation are studied for a small open economy with a cash-in-advance constraint on consumption in which the representative agent has preferences with habit persistence. An increase in the inflation rate requires a fall in the steady s
Publikováno v:
Economic Record. 85:21-31
We study the effects of inflation for a small open economy when the representative agent has Marshallian preferences, with which the rate of time preference is a decreasing function of savings. An increase in the inflation rate reduces the permanent
Publikováno v:
Economics Bulletin. 6(11):1-11
The effects of a terms of trade deterioration on the current account are studied when the representative agent has Marshallian preferences, with which the rate of time preference is a decreasing function of savings. A terms of trade deterioration red
Autor:
Arman Mansoorian, Mohammed Mohsin
Publikováno v:
Open Economies Review. 19:337-354
A small open economy model with an endogenous time preference is used to study the current account dynamics when consumption exhibits durability. There is a unique level of instantaneous utility and stock of durables that must be maintained in the st