Essays on Money, Business Cycles and Household Formation
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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Language: | en_ca |
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2013
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Online Access: | http://hdl.handle.net/1807/36010 |