Two Equations on the Pareto-Efficient Sharing of Real GDP Risk
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- Eagle, David M, 2012. "Liquidity Traps and the Price (In)Determinacy of Monetary Rules," MPRA Paper 42416, University Library of Munich, Germany.
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More about this item
Keywords
risk sharing; Pareto efficiency; nominal GDP targeting; quasi-real indexing; inflation indexing;All these keywords.
JEL classification:
- E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
- D60 - Microeconomics - - Welfare Economics - - - General
NEP fields
This paper has been announced in the following NEP Reports:- NEP-MAC-2012-09-09 (Macroeconomics)
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