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An empirically plausible model of low real interest rates and unbacked government debt

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  • Bullard, James
  • Russell, Steven

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Article provided by Elsevier in its journal Journal of Monetary Economics.

Volume (Year): 44 (1999)
Issue (Month): 3 (December)
Pages: 477-508

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Handle: RePEc:eee:moneco:v:44:y:1999:i:3:p:477-508

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Web page: http://www.elsevier.com/locate/inca/505566

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Citations

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Cited by:
  1. Bhattacharya, Joydeep & Russell, Steven, 2003. "Two-period cycles in a three-period overlapping generations model," Journal of Economic Theory, Elsevier, vol. 109(2), pages 378-401, April.
  2. Bhattacharya, Joydeep & Haslag, Joseph & Russell, Steven, 2005. "The role of money in two alternative models: When is the Friedman rule optimal, and why?," Journal of Monetary Economics, Elsevier, vol. 52(8), pages 1401-1433, November.
  3. Marco Espinosa-Vega & Steven Russell, 2001. "Stability of steady states in a model of pleasant monetarist arithmetic," Working Paper 2001-20, Federal Reserve Bank of Atlanta.
  4. D'ALBIS Hippolyte & DECREUSE Bruno, 2007. "Parental altruism, life expectancy and dynamically inefficient equilibria," LERNA Working Papers 07.10.231, LERNA, University of Toulouse.
  5. Hippolyte D'albis & Emmanuelle Augeraud-Véron, 2011. "Continuous-Time Overlapping Generations Models," Working Papers 246051, Institut National de la Recherche Agronomique, France.
  6. Marco Espinosa-Vega & Steven Russell, 1998. "The long-run real effects of monetary policy: Keynesian predictions from a neoclassical model," Working Paper 98-6, Federal Reserve Bank of Atlanta.
  7. Bullard, James & Feigenbaum, James, 2007. "A leisurely reading of the life-cycle consumption data," Journal of Monetary Economics, Elsevier, vol. 54(8), pages 2305-2320, November.
  8. Marco Espinosa & Steven Russell, 1996. "Are there optimal multiple reserve requirements?," Working Paper 96-18, Federal Reserve Bank of Atlanta.
  9. Joe Haslag & Joydeep Bhattacharya & Steven Russell, 2003. "Understanding the Roles of Money, or When is the Friedman Rule Optimal, and Why?," Working Papers 0301, Department of Economics, University of Missouri.
  10. James Bullard & Steve Russell, 1998. "Monetary steady states in a low real interest rate economy," Working Papers 1994-012, Federal Reserve Bank of St. Louis.

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