Welfare effects of unanticipated policy changes with complete asset markets

Toshihiko Mukoyama

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Welfare effects of unanticipated policy changes with complete asset markets

机译：完整的资产市场带来意想不到的政策变化的福利影响

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This paper analyzes the welfare effects of unanticipated policy changes in a model with complete asset markets and heterogeneous agents. There are two effects: an effect of the change in wealth and a direct effect from the price change.

机译：本文在具有完整资产市场和异质代理的模型中分析了意料之外的政策变化的福利影响。有两个影响：财富变化的影响和价格变化的直接影响。

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来源
《Economics letters》 |2010年第2期|p.134-138|共5页
作者
Toshihiko Mukoyama;
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作者单位

University of Virginia, VA, United States CIREQ, Canada;

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原文格式 PDF
正文语种 eng
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关键词
welfare effect; unanticipated policy change; complete asset markets; heterogeneous agents;

机译：福利效应意外的政策变化;完整的资产市场;异构代理;
入库时间 2022-08-17 23:11:07

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Welfare effects of unanticipated policy changes with complete asset markets

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