| dc.contributor | 金融系 | |
| dc.creator (作者) | Huo, Teh-Ming | |
| dc.creator (作者) | 霍德明 | zh_TW |
| dc.date (日期) | 1995-05 | |
| dc.date.accessioned | 19-Oct-2015 11:53:07 (UTC+8) | - |
| dc.date.available | 19-Oct-2015 11:53:07 (UTC+8) | - |
| dc.date.issued (上傳時間) | 19-Oct-2015 11:53:07 (UTC+8) | - |
| dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/78991 | - |
| dc.description.abstract (摘要) | In this paper we demonstrate the existence and uniqueness of a class of stationary sunspot equilibria in the cash-in-advance economy of Lucas and Stokey. Sunspots affect not only the price of money but prices of productive assets. Assets` prices may fluctuate forever below their market fundamentals. | |
| dc.format.extent | 779742 bytes | - |
| dc.format.mimetype | application/pdf | - |
| dc.relation (關聯) | Journal of Economic Dynamics and Control, 19(4), 831-843 | |
| dc.subject (關鍵詞) | Money;Sunspots;Cash-in-advance | |
| dc.title (題名) | Stationary Sunspot Equilibrium in a Cash-in-Advance Economy | |
| dc.type (資料類型) | article | en |
