讲座标题:Nonneutrality of Money in Dispersion : Hume Revisited
讲座嘉宾: Gu JIN(Assistant Professor ,School of Finance Central University of Finance and Economics)
讲座简介:This paper explores non neutrality of money in the dispersion process following an unanticipated money injection. The output responses depends on whether the injection is progressive or regressive. If the injection is progressive then there can be a large and positive output response so that the price appears to be sticky; moreover, such output-price responses can be persistent. Trade being decentralized is critical to such responses.
讲座时间:2015年12月14日 下午3点
讲座地点:3教401
评 论 人: 李连发、赵留彦
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