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【时间】2014年2月26日(周三)12:15-13:45
【地点】明商0202
【主讲】郭豫媚 中国人民大学经济学院
【主题】On the Stability of Money Demand (written by Robert E. Lucas and Juan Pablo Nicolini, Working Paper, 2012)
【摘要】In this paper we consider a simple model of transactional assets management to evaluate the changes in banking regulation that passed between 1980 and 1982. The model implies that the newly created deposits in the US after the deregulation should be taken into account in the proper definition of money, in a way the model itself makes explicit. We show that once this is taken into account, the money demand equation characterized by Meltzer (1960) and Lucas (2000) remained remarkably stable.
【主持】陈彦斌 教授
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人大宏观经济学研讨会(Macro Workshop)旨在追踪宏观经济学国际最新进展,倡导构建符合国情的动态优化模型,并使用计算机模拟研究经济增长、收入分配和宏观政策等中国宏观经济重大问题。
联系人:陈小亮 E_mail: chenxiaoliang2200@126.com
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经济学院
中国经济改革与发展研究院