๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

Can Stabilisation Policy Reduce Long-run Growth?

โœ Scribed by Keith Blackburn


Book ID
108557159
Publisher
John Wiley and Sons
Year
1999
Tongue
English
Weight
170 KB
Volume
109
Category
Article
ISSN
0013-0133

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We develop a two-sector monetary economy with human capital accumulation and a cash constraint applied to both consumption and investment to examine the ways in which social status affects the impact of monetary policy on the long-run economic growth rate. Our findings suggest that the formation of