논문KCI 등재
On the Uniqueness of the Momentary Equilibrium in the Brock and Trunovsky Model
경제연구소 (Hanyang Economic Research Institute)|2005.05|Journal of Economic Research (JER)|제10권 제1호|pp. 175-180
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참고문헌
주제분류경제학
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Abstract
This note establishes the uniqueness of the momentary equilibriain the Brock and Turnovsky dynamic monetary model (1981) under assumptions that a consumption good and money are substitutable for leisure, eomplementary with each other, and a personal income tax rate is not lower than a gross profit tax rate.
참고문헌 (1)
- "“The Analysis of Macroeconomic Policies in Perfect Foresight Equilibrium", tur(vsky), pp.179~209 (1981)
관련 논문AI추천
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