About this document
Lecture Monetary1 Handout by Kagninninbin Edouard Coulibaly is a document available to read on EtoBox.
The document discusses the role of money in macroeconomic models, emphasizing its long-run neutrality and short-run significance in influencing real variables. It outlines various approaches to incorporate money into models, including money in utility functions and sticky price models, while also detailing identification challenges in estimating the causal effects of monetary policy. The document concludes with discussions on empirical evidence regarding the interest elasticity of money demand.
- Author
- Kagninninbin Edouard Coulibaly
- Language
- EN