A Geromichalos, JM Licari… - Review of Economic …, 2007 - Elsevier
The purpose of this paper is study the effect of monetary policy on asset prices. We study the
properties of a monetary model in which a real asset is valued for its rate of return and for its
liquidity. We show that money is essential if and only if real assets are scarce, in the ...
A Geromichalos… - 2010 - se.shufe.edu.cn
ABSTRACT————————————————————————————————————
We study optimal asset portfolio choices in a two-country model of costly international trade.
We allow assets to not only represent claims on future consumption, but to also serve as ...
A Geromichalos - Dissertation Abstracts International, 2009 - cemfi.es
Abstract I consider a model of directed search in which strategic sellers advertise general
trading mechanisms. A mechanism determines the number of buyers that will get served and
the side payments as a function of ex post realized demand. After observing these ...
[CITATION] J. Suárez-Lledó, 2007. Monetary Policy and Asset Prices
A Geromichalos… - Review of Economic Dynamics
[CITATION] Asset prices and monetary policy
A Geromichalos, J Licari… - Review of Economic Dynamics, 2007
A Geromichalos, JM Licari… - 2010 - pareto.uab.es
Abstract This paper analyzes the role of money in markets where financial investment takes
place in a decentralized fashion. In a newly developed framework we allow a fraction of a
real asset to be converted into a risky financial asset. In the absence of frictions the ...
A Geromichalos… - 2011 - nber.org
We study optimal asset portfolio choice in a two-country search-theoretic model of monetary
exchange. We allow assets not only to represent claims on future consumption, but also to
serve as means of payment. Assuming foreign assets trade at a cost, we characterize ...
A Geromichalos, JM Licari… - 2011 - pareto.uab.es
Abstract This paper analyzes the role of money in markets where financial investment takes
place in a decentralized fashion. A key methodological contribution is the development of a
dynamic framework that brings together a model for illiquid assets a la Duffie et al. and a ...
A Geromichalos… - Policy - cid.bcrp.gob.pe
BANCO CENTRAL DE RESERVA DEL PERÚ Departamento de Biblioteca ... LISTA DE NUEVAS
ADQUISICIONES 947-2012 del 29/12/11 al 05/01/12 ... Clasificación: Serie/IMF-PP/11-04
Título: 2011 review of conditionality and the design of fund- supported programs concept ...
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