摘要
This paper studies the dynamic relationship between inflation and output growth in neoclassical growth models with endogenous cash constraints. We show this dynamic relationship is negative if the degree of cash constraints on investment is smaller than the degree of cash constraints on consumption but is positive if otherwise.
原文 | 英語 |
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文章編號 | 15 |
期刊 | B.E. Journal of Macroeconomics |
卷 | 11 |
發行號 | 1 |
DOIs | |
出版狀態 | 已發佈 - 2011 |
對外發佈 | 是 |
ASJC Scopus subject areas
- 經濟學與計量經濟學