Essays on Money, Business Cycles and Household Formation

Essays on Money, Business Cycles and Household Formation

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This dissertation consists of three independent essays in Macroeconomics. The first essay studies whether efficiency can be improved by introducing government-issued illiquid bonds to an economy where money is the only asset and essential. In contrast with perfectly liquid bonds, illiquid bonds can i...

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Bibliographic Details
Main Author: Sun, Ling
Other Authors: Shi, Shouyong
Language:en_ca
Published: 2013
Subjects:
Illiquid Bonds
Societal Welfare
Search Model
Money
Delayed Output Response
Productivity Shocks
Marriage
Markets
Households
Business Cycles
0501
Online Access:http://hdl.handle.net/1807/36010

Internet

http://hdl.handle.net/1807/36010

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