dc.contributor.author | Assenza, Tiziana | de |
dc.contributor.author | Agliari, Anna | de |
dc.contributor.author | Gatti, Domenico Delli | de |
dc.contributor.author | Santoro, Emiliano | de |
dc.date.accessioned | 2012-08-07T03:50:00Z | de |
dc.date.accessioned | 2012-09-07T08:45:23Z | |
dc.date.available | 2012-09-07T08:45:23Z | |
dc.date.issued | 2009 | de |
dc.identifier.uri | http://www.ssoar.info/ssoar/handle/document/31512 | |
dc.description.abstract | In this paper we model an OLG economy à la Kiyotaki and Moore whose novel feature is the role of money as a store of value and of bequest as a source of funds to be "invested" in landholding. The dynamics generated by the model are generally characterized by irregular cyclical trajectories and, under special con.guration of the parameters, a strange attractor appears. In this setting, an expansionary monetary policy may have a stabilizing role due to the interaction between money holding and the accumulation of borrowers' net worth. | en |
dc.language | en | de |
dc.subject.ddc | Wirtschaft | de |
dc.subject.ddc | Economics | en |
dc.subject.other | E32; E52; Borrowing constraints; Credit cycles; Complex dynamics; Monetary policy | |
dc.title | Borrowing constraints and complex dynamics in an OLG framework | de |
dc.description.review | begutachtet (peer reviewed) | de |
dc.description.review | peer reviewed | en |
dc.source.journal | Journal of Economic Behavior & Organization | |
dc.source.volume | 72 | de |
dc.publisher.country | NLD | |
dc.source.issue | 2 | de |
dc.subject.classoz | Volkswirtschaftslehre | de |
dc.subject.classoz | Political Economy | en |
dc.identifier.urn | urn:nbn:de:0168-ssoar-315129 | |
dc.date.modified | 2012-08-07T13:48:00Z | de |
dc.rights.licence | PEER Licence Agreement (applicable only to documents from PEER project) | de |
dc.rights.licence | PEER Licence Agreement (applicable only to documents from PEER project) | en |
ssoar.contributor.institution | http://www.peerproject.eu/ | de |
internal.status | formal und inhaltlich fertig erschlossen | de |
dc.type.stock | article | de |
dc.type.document | Zeitschriftenartikel | de |
dc.type.document | journal article | en |
dc.rights.copyright | f | de |
dc.source.pageinfo | 656–669 | de |
internal.identifier.classoz | 1090300 | |
internal.identifier.journal | 196 | |
internal.identifier.document | 32 | |
internal.identifier.ddc | 330 | |
dc.identifier.doi | https://doi.org/10.1016/j.jebo.2009.07.011 | de |
dc.description.pubstatus | Postprint | de |
dc.description.pubstatus | Postprint | en |
internal.identifier.licence | 7 | |
internal.identifier.pubstatus | 2 | |
internal.identifier.review | 1 | |
internal.check.abstractlanguageharmonizer | CERTAIN | |
internal.check.languageharmonizer | CERTAIN_RETAINED | |