Some benefits of cyclical monetary policy

DOI10.1007/s00199-007-0329-1zbMath1156.91440OpenAlexW3124319418MaRDI QIDQ1006583

Ed Nosal, Ricardo De O. Cavalcanti

Publication date: 25 March 2009

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: http://hdl.handle.net/10438/531

zbMATH Keywords

mechanism designcyclical monetary policymonetary circulationseasonal and trade cycles

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

Related Items (3)

A new suggestion for simplifying the theory of money ⋮ The cost of inflation: a mechanism design approach ⋮ On the coexistence of money and higher-return assets and its social role

Cites Work

• Asset trading mechanisms and expansionary policy
• A monetary mechanism for sharing capital: Diamond and Dybvig meet Kiyotaki and Wright
• Borrowing Constraints and Aggregate Economic Activity
• A Divisible Search Model of Fiat Money

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