Money, banking, and capital formation

DOI10.1006/JETH.1996.2227zbMath0872.90024OpenAlexW3121812984MaRDI QIDQ1357424

Bruce D. Smith, Stacey L. Schreft

Publication date: 15 October 1997

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

Full work available at URL: https://doi.org/10.1006/jeth.1996.2227

zbMATH Keywords

financial systemconstant growth rate for the money stockinterest-bearing bondsmonetary growth modelsteady state capital stocksteady state inflation rate

Mathematics Subject Classification ID

Economic growth models (91B62)

Related Items (12)

Optimal choice of monetary policy instruments in an economy with real and liquidity shocks ⋮ Money, banking, and capital formation ⋮ Financial market participation, financial intermediation, and monetary policy ⋮ USEFULNESS OF THE CONSTRAINED PLANNING PROBLEM IN A MODEL OF MONEY ⋮ Sub-optimality of the Friedman rule in Townsend's turnpike and stochastic relocation models of money: do finite lives and initial dates matter? ⋮ Private information, money, and growth: Indeterminacy, fluctuations, and the Mundell-Tobin effect ⋮ Optimal monetary rules under persistent shocks ⋮ DO RISK PREMIA PROTECT AGAINST BANKING CRISES? ⋮ Banking competition, production externalities, and the effects of monetary policy ⋮ Why does overnight liquidity cost more than intraday liquidity? ⋮ Financial fragility and the exchange rate regime ⋮ ENVIRONMENTAL DYNAMICS AND THE LINKS BETWEEN GROWTH, VOLATILITY AND MORTALITY

Cites Work

• Money and insurance in a turnpike environment
• Financial markets in development, and the development of financial markets
• Money, banking, and capital formation
• Capital market imperfections in a monetary growth model
• Bank Runs, Deposit Insurance, and Liquidity
• Money and Growth: The Case of Long Run Perfect Foresight
• The Effects of Open Market Operations in a Model of Intermediation and Growth
• Asset Bubbles and Overlapping Generations
• Private information, money, and growth: Indeterminacy, fluctuations, and the Mundell-Tobin effect

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