Artboard 33atençãoArtboard 18atualizarconectividadeArtboard 42boletocarrinhocartãoArtboard 45cartão SaraivacelularArtboard 42Artboard 23checkArtboard 28Artboard 17?compararcompartilharcompartilhar ativoArtboard 28Artboard 43Artboard 49Artboard 47Artboard 15Artboard 32ebookArtboard 22Artboard 5Artboard 25Artboard 1Artboard 42Artboard 11fecharfilmesArtboard 23gamesArtboard 4Artboard 9Artboard 6hqimportadosinformáticaArtboard 7Artboard 3Artboard 12Artboard 25Artboard 34Artboard 43Artboard 44curtirArtboard 24Artboard 13livrosArtboard 24Artboard 31menumúsicaArtboard 27Artboard 30Artboard 36Artboard 44outrospapelariaArtboard 17Artboard 6Artboard 27Artboard 30Artboard 29Artboard 26Artboard 2Artboard 20Artboard 35estrelaestrela ativorelógiobuscaArtboard 50Artboard 26toda saraivaArtboard 40Artboard 21Artboard 10Artboard 37usuárioArtboard 46Artboard 33Artboard 8seta

A Monetary Equilibrium Model With Transactions Costs (Classic Reprint) (Cód: 10114673)

Rotemberg,Julio

Forgotten Books

Vendido e entregue por Saraiva

Ooops! Este produto não está mais a venda.
Mas não se preocupe, temos uma versão atualizada para você.

Ooopss! Este produto está fora de linha, mas temos outras opções para você.
Veja nossas sugestões abaixo!

R$ 44,60

em até 1x de R$ 44,60 sem juros
Cartão Saraiva: 1x de R$ 42,37 (-5%)

Total:

Em até 1x sem juros de


Crédito:
Boleto:
Cartão Saraiva:

Total:

Em até 1x sem juros de


A Monetary Equilibrium Model With Transactions Costs (Classic Reprint)

R$44,60

Quer comprar em uma loja física? Veja a disponibilidade deste produto

Entregas internacionais: Consulte prazos e valores de entrega para regiões fora do Brasil na página do Carrinho.

ou receba na loja com frete grátis

X
Formas de envio Custo Entrega estimada

* Válido para compras efetuadas em dias úteis até às 15:00, horário de Brasília, com cartão de crédito e aprovadas na primeira tentativa.

X Consulte as lojas participantes

Saraiva MegaStore Shopping Eldorado Av. Rebouças, 3970 - 1º piso - Pinheiros CEP: 05402-600 - São Paulo - SP

Descrição

Excerpt from A Monetary Equilibrium Model With Transactions Costs The objective of this paper is to study the competitive equilibrium of an economy in which people hold money for transactions purposes. As in the models of Baumol Tobin Stockman Townsend (1982) and Jovanovic but in contrast to those of Grandmont and Younes Lucas (1980) and Helpman households are also allowed to hold interest bearing capital in addition to barren money. The main advantage of the present model is that it is able to shed light on the effects of such nonsteady state events as open market operations. Households pick the path of consumption optimally from their point of view. Because it is costly to carry out financial transactions, people visit their financial intermediary only occasionally. However, I do not let house holds pick optimally the length of the period during which they do not visit their bank. For tractability, the assumption is made that households have a constant interval during which they carry out no financial transactions. A crucial feature of this paper is that, as in all free market econ omies, different households visit their banks at different times. This leads to conclusions which are strikingly Keynesian. Government interventions, and in particular open market operations, have the ability to affect aggregate output and the real rate of interest. This is true even though the model features no uncertainty, full information, perfect foresight and perfectly competitive markets for goods and money. Moreover, the effects of monetary policies closely resemble those found in standard textbooks. In particular, a one period monetary expansion leads to a higher level of output which persists for some time. It also concurrently leads to low real interest rates. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Características

Produto sob encomenda Sim
Marca Forgotten Books
Cód. Barras 9781332270606
Altura 22.86 cm
I.S.B.N. 1332270603
Profundidade 0.18 cm
Referência 9781332270606
Acabamento Brochura
Ano da edição 2018
Idioma Inglês
País de Origem Estados Unidos
Número de Páginas 32
Peso 0.06 Kg
Largura 15.24 cm
AutorRotemberg,Julio