分享论文
The Quantitative Analytics of the Basic Neomonetarist Model （Kimball，1995 JMCB）
主讲人
田阳（中经管2022级硕士生)
论文摘要
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.
时间
2024年3月7日（周四），晚上19:00-22：00
地点
学术会堂712
主持人
王忏（金融学院），赵军柱（创新发展学院中国经济与管理研究院）
活动对象
创新发展学院、金融学院学生
人数规模
30人
主办单位
创新发展学院中国经济与管理研究院、金融学院联合主办
