IRIS PubliCatt
PubliCatt è il repository istituzionale ad accesso aperto dell'Università Cattolica del Sacro Cuore, dove gli utenti autorizzati afferenti all'Ateneo provvedono direttamente e autonomamente a depositare e a rendere visibili le proprie pubblicazioni, inserendo i dati descrittivi del documento stesso ("metadati", quali il titolo, autore, abstract, etc.) e, laddove possibile, il testo della pubblicazione stessa (full-text).
PubliCatt utilizza la piattaforma IRIS (Institutional Research Information System) sviluppata da CINECA.
EnglishThis paper investigates the role of fiscal and monetary shocks in the occurrence of deflationary recessions. Our model is based on a temporary equilibrium approach with stochastic rationing, where inventory dynamics is explicitly taken into account, amplifying spillover effects between markets. This setting allows us to study the driving forces behind disequilibrium phenomena, and to investigate the efficacy of alternative policies in overcoming them. In particular, we provide for an application of our approach to the study of the Japanese deflationary recession.
| Autori: | |
| Titolo: | Deflationary Recessions in a General-Equilibrium Framework |
| Data di pubblicazione: | 2006 |
| Abstract: | This paper investigates the role of fiscal and monetary shocks in the occurrence of deflationary recessions. Our model is based on a temporary equilibrium approach with stochastic rationing, where inventory dynamics is explicitly taken into account, amplifying spillover effects between markets. This setting allows us to study the driving forces behind disequilibrium phenomena, and to investigate the efficacy of alternative policies in overcoming them. In particular, we provide for an application of our approach to the study of the Japanese deflationary recession. |
| Lingua: | Inglese |
| Titolo del libro: | The Complex Networks of Economic Interactions |
| Editore: | Springer |
| ISBN: | 3-540-28726-4 |
| Serie: | |
| Citazione: | Colombo, L. V. A., Weinrich, G., Deflationary Recessions in a General-Equilibrium Framework, in Namatame, A., Kaizouji, T., Aruka, Y. (ed.), The Complex Networks of Economic Interactions, Springer, Berlin, Heidelberg 2006: 125- 138 [http://hdl.handle.net/10807/25668] |
| Appare nelle tipologie: | In libro con curatela: Capitolo o saggio; Prefazione/Postfazione; Breve introduzione; Schede di catalogo, repertorio o corpus |
File in questo prodotto:
Copyright © 2020