Zobrazeno 1 - 1
of 1
pro vyhledávání: '"Mohammadreshad Esfahani"'
Publikováno v:
برنامهریزی و بودجه, Vol 28, Iss 2, Pp 3-44 (2023)
This paper investigates the implications of bank money creation by developing a New Keynesian model that incorporates price rigidity and financial frictions but without real rigidities. Banks play a dual role as intermediaries of loanable funds and c
Externí odkaz:
https://doaj.org/article/af25dcb3024340228a2e1b8e75b4bb0c
