On the optimality of interest-bearing reserves in economies of overlapping generations

DOI10.1007/BF01213668MaRDI QIDQ1814947zbMATH OpenOpenAlexFDO

Authors Scott Freeman, Joseph H. Haslag

Publication date 10 April 1997

Published in Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/bf01213668

zbMATH Keywords

interest on reservesoverlapping generations

Mathematics Subject Classification ID

Special types of economic equilibria (91B52) Economic growth models (91B62)

Recommendations

• Optimal monetary policy with interest on reserves and capital over-accumulation
• Optimal monetary policy in an overlapping generations model with search theoretic monetary exchange
• The Pareto-optima of finite-horizon OLG models
• The robustness of optimal equilibrium among overlapping generations
• Essential interest-bearing money

Cited in

(3)

• Multiple reserve requirements: an irrelevance result
• Asset prices and standing facilities in a monetary economy
• Optimal monetary policy with interest on reserves and capital over-accumulation

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