Linked Data Explorerhttp://worldcat.org/entity/work/id/1086910735
The Barnett Critique After Three Decades a New Keynesian Analysis
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- http://id.loc.gov/authorities/subjects/sh2008103760
- http://id.worldcat.org/fast/999682
- http://id.loc.gov/authorities/subjects/sh85040850
- http://id.worldcat.org/fast/924459
- http://id.loc.gov/authorities/subjects/sh85077403
- http://id.worldcat.org/fast/1204155
- http://experiment.worldcat.org/entity/work/data/1086910735#Topic/electronic_documents
- http://id.loc.gov/authorities/subjects/sh85080336
- http://id.worldcat.org/fast/1007141
- http://id.loc.gov/authorities/subjects/sh85072125
- http://id.worldcat.org/fast/902116
http://schema.org/description
- "This paper extends a New Keynesian model to include roles for currency and deposits as competing sources of liquidity services demanded by households. It shows that, both qualitatively and quantitatively, the Barnett critique applies: While a Divisia aggregate of monetary services tracks the true monetary aggregate almost perfectly, a simple-sum measure often behaves quite differently. The model also shows that movements in both quantity and price indices for monetary services correlate strongly with movements in output following a variety of shocks. Finally, the analysis characterizes the optimal monetary policy response to disturbances that originate in the financial sector."
http://schema.org/name
- "The Barnett critique after three decades : a new Keynesian analysis"
- "The Barnett Critique After Three Decades a New Keynesian Analysis"@en
- "The Barnett critique after three decades a new Keynesian analysis"
- "The Barnett Critique After Three Decades A New Keynesian Analysis"