Articles

Limited Asset Market Participation, Monetary Policy and (Inverted) Aggregate Demand Logic

F. BILBIIE

Journal of Economic Theory

May 2008, vol. 140, n°1, pp.162-196

Departments: Economics & Decision Sciences

Keywords: Limited asset markets participation, Dynamic general equilibrium, Aggregate demand, Taylor principle, Optimal monetary policy, Real (in)determinacy

http://ssrn.com/abstract=2058175



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