Skip navigation
Logo
User training | Reference and search service

Library catalog

Retrievo
EDS
b-on
More
resources
Content aggregators
Please use this identifier to cite or link to this item:

acessibilidade

http://hdl.handle.net/10071/18139
Full metadata record
acessibilidade
DC FieldValueLanguage
dc.contributor.authorLeão, E. R.-
dc.contributor.authorLeão, P. R.-
dc.date.accessioned2019-05-24T13:47:23Z-
dc.date.available2019-05-24T13:47:23Z-
dc.date.issued2007-
dc.identifier.issn0264-9993-
dc.identifier.urihttp://hdl.handle.net/10071/18139-
dc.description.abstractThis paper incorporates two components of a modern monetary system into a standard real business cycle model: a central bank which lends reserves to commercial banks and charges a repo interest rate; and banks which make loans under a fractional reserve system and thereby create money. We examine the response of our model to shocks in the monetary base, in the currency-deposits ratio and in the required reserve ratio. Our main finding is that all these monetary shocks lead to changes in the composition of total investment between the banking and the non-banking sectors.eng
dc.language.isoeng-
dc.publisherElsevier-
dc.rightsopenAccess-
dc.subjectDynamic general equilibriumeng
dc.subjectCentral bank repo rateeng
dc.subjectCurrency–deposits ratioeng
dc.subjectRequired reserve ratioeng
dc.subjectComposition of investment expenditureeng
dc.titleModelling the central bank repo rate in a dynamic general equilibrium frameworkeng
dc.typearticle-
dc.pagination571 - 610-
dc.peerreviewedyes-
dc.journalEconomic Modelling-
dc.volume24-
dc.number4-
degois.publication.firstPage571-
degois.publication.lastPage610-
degois.publication.issue4-
degois.publication.titleModelling the central bank repo rate in a dynamic general equilibrium frameworkeng
dc.date.updated2019-05-24T14:47:04Z-
dc.description.versioninfo:eu-repo/semantics/acceptedVersion-
dc.identifier.doi10.1016/j.econmod.2006.12.003-
dc.subject.fosDomínio/Área Científica::Ciências Sociais::Economia e Gestãopor
iscte.identifier.cienciahttps://ciencia.iscte-iul.pt/id/ci-pub-6037-
iscte.alternateIdentifiers.wosWOS:000246314000002-
iscte.alternateIdentifiers.scopus2-s2.0-34147144963-
Appears in Collections:DE-RI - Artigos em revistas internacionais com arbitragem científica

Files in This Item:
acessibilidade
File Description SizeFormat 
ECMODE-D-05-00045.pdfPós-print2.13 MBAdobe PDFView/Open


FacebookTwitterDeliciousLinkedInDiggGoogle BookmarksMySpace
Formato BibTex MendeleyEndnote Currículo DeGóis 

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.