分享論文
The Quantitative Analytics of the Basic Neomonetarist Model （Kimball，1995 JMCB）
主講人
田陽（中經管2022級碩士生)
論文摘要
This paper constructs a dynamic macroeconomic model with less-than-perfect price flexibility which has a real side consistent with Real Business Cycle Theory, augmented by investment adjustment costs, increasing returns to scale, and a new, flexible formalization of imperfect competition. A new mode of approximation is developed-useful for any model in which one state variable adjusts quickly, while another state variable adjusts slowly. Even with investment adjustment costs, monetary expansions are found to raise the real interest rate. The determinants of real rigidity and the macroeconomic rate of price adjustment are investigated.
時間
2024年3月7日（周四），晚上19:00-22：00
地點
學術會堂712
主持人
王忏（金融學院），趙軍柱（韦德体育bevictor中國經濟與管理研究院）
活動對象
韦德体育bevictor、金融學院學生
人數規模
30人
主辦單位
韦德体育bevictor中國經濟與管理研究院、金融學院聯合主辦
