Heterogeneous consumers, segmented asset markets, and the effects of monetary policy
This paper examines the implications of segmented assets markets for the real and nominal effects of monetary policy. I develop a model, in which varieties of consumption bundles are purchased sequentially. Newly injected money thus disseminates slowly through the economy via second-round effects an...
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| Main Author: | |
|---|---|
| Format: | Book/Monograph Working Paper |
| Language: | English |
| Published: |
Bonn
Graduate School of Economics
2010
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| Series: | Bonn econ discussion papers
2010,08 |
| In: |
Bonn Econ Discussion Papers (2010,08)
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| Subjects: | |
| Online Access: | Download aus dem Internet, Stand 20.04.2010, Volltext: http://hdl.handle.net/10419/38808 Verlag, Volltext: http://www.bgse.uni-bonn.de/bonn-econ-papers-1/archive/2010/zeno-enders-heterogeneous-consumers-segmented-asset-markets-and-the-effects-of-monetary-policy-no.-08-2010 |
| Author Notes: | by Zeno Enders |
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Heterogeneous consumers, segmented asset markets, and the effects of monetary policy
Book/Monograph
Working Paper
Online Resource