English, Article, Journal or magazine article edition: Liquidity effects and transactions technologies Michael Dotsey; Peter Ireland

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Bookmark: http://trove.nla.gov.au/version/74501
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Liquidity effects and transactions technologies
Author
  • Michael Dotsey
  • Peter Ireland
Physical Description
  • preprint
Notes
  • Recently there has been renewed interest in using general equilibrium models to understand the effects of monetary policy on interest rates and real economic activity. This research effort involved the search for models that will account for the liquidity effects--the decrease in short-term interest rates and the increase in output and employment--that are associated with expansionary monetary policy.
  • Liquidity (Economics)
  • RePEc:fip:fedrwp:93-01
Language
  • English
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