Janus's Money Demand and Time Inconsistency: A New Impossibility Theorem?
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DOI: 10.18651/RWP2023-04
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More about this item
Keywords
money demand; monetary policy; impossibility theorem;All these keywords.
JEL classification:
- E41 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Demand for Money
- E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
- E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
- E71 - Macroeconomics and Monetary Economics - - Macro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on the Macro Economy
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBA-2023-07-24 (Central Banking)
- NEP-HIS-2023-07-24 (Business, Economic and Financial History)
- NEP-MON-2023-07-24 (Monetary Economics)
- NEP-PAY-2023-07-24 (Payment Systems and Financial Technology)
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