Policy implications in an adaptive financial economy

Journal of Economic Dynamics and Control

Volumn 20, Issue 8, 1996, Pages 1339-1366

  Tse, Wai Man ^a,b  

^a HKCSS HSBC Social Enterprise Business Centre (SEBC)   (Hong Kong)

^b UNIVERSITY OF HONG KONG   (Hong Kong)

Author keywords

Financial crises; Financial decision and production economy; Income policies; Monetary regimes; Short run dynamics

Indexed keywords

EID: 0030213217     PISSN: 01651889     EISSN: None     Source Type: Journal    
DOI: 10.1016/0165-1889(95)00902-7     Document Type: Article

References (6)

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2. Bruno, M. and S. Fischer, 1990, Seigniorage, operating rules, and the high inflation trap, Quarterly Journal of Economics 105, 353-374.
3. Engle, R.F., 1983, Estimates of the variance of U.S. inflation based upon the ARCH model, Journal of Money, Credit and Banking 15, 286-301.
4. Fisher, I., 1930, The theory of interest (Macmillan, New York, NY).
5. Grinols, E.L. and S.J. Turnovsky, 1993, Risk, the financial market, and macroeconomic equilibrium, Journal of Economic Dynamics and Control 17, 1-36.
6. Keynes, J.M., 1936, The general theory of employment, interest and money, 1st ed. (Harcourt Brace Jovanich, New York, NY).