Sub-optimality of the Friedman rule in Townsend's turnpike and stochastic relocation models of money: do finite lives and initial dates matter? (Q956533)
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scientific article; zbMATH DE number 5373166
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| English | Sub-optimality of the Friedman rule in Townsend's turnpike and stochastic relocation models of money: do finite lives and initial dates matter? |
scientific article; zbMATH DE number 5373166 |
Statements
Sub-optimality of the Friedman rule in Townsend's turnpike and stochastic relocation models of money: do finite lives and initial dates matter? (English)
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25 November 2008
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Friedman rule
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monetary policy
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overlapping generations
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turnpike
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0.8033052086830139
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0.8026454448699951
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0.7912613153457642
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0.7858938574790955
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