Listagem FGV EPGE - Ensaios Econômicos por Assunto "Disponibilidade monetaria"

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Money supply and capital accumulation on the transition path revisited

Cysne, Rubens Penha; Turchick, David
2010-02-22

Fischer (1979) and Asako (1983) analyze the sign of the correlation between the growth rate of money and the rate of capital accumulation on the transition path. Both plug a CRRA utility (based on a Cobb-Douglas and a ...