Matches in SemOpenAlex for { <https://semopenalex.org/work/W1786595070> ?p ?o ?g. }
Showing items 1 to 67 of
67
with 100 items per page.
- W1786595070 abstract "This paper investigates the effects of open-market operations on the distributions of assets and prices. It offers a theoretical framework to incorporate multiple asset holdings in a tractable heterogeneous-agent model. This model features competitive search, which produces distributions of money and bond holdings as well as price dispersion among submarkets. At a high enough bond supply, the equilibrium shows segmentation in the asset market; only households with good income shocks participate in the bond market. Segmentation in the asset market is generated endogenously without assuming any rigidities or frictions in the asset market. Numerical exercises show that when the asset market is segmented, the central bank can improve welfare by purchasing bonds and supplying money." @default.
- W1786595070 created "2016-06-24" @default.
- W1786595070 creator A5072423723 @default.
- W1786595070 date "2014-03-30" @default.
- W1786595070 modified "2023-09-27" @default.
- W1786595070 title "Central Banks' Asset Purchase Programs, Asset Distributions, and Endogenous Market Segmentation" @default.
- W1786595070 hasPublicationYear "2014" @default.
- W1786595070 type Work @default.
- W1786595070 sameAs 1786595070 @default.
- W1786595070 citedByCount "0" @default.
- W1786595070 crossrefType "journal-article" @default.
- W1786595070 hasAuthorship W1786595070A5072423723 @default.
- W1786595070 hasConcept C100243477 @default.
- W1786595070 hasConcept C10138342 @default.
- W1786595070 hasConcept C106159729 @default.
- W1786595070 hasConcept C125308379 @default.
- W1786595070 hasConcept C144133560 @default.
- W1786595070 hasConcept C162324750 @default.
- W1786595070 hasConcept C175444787 @default.
- W1786595070 hasConcept C197142791 @default.
- W1786595070 hasConcept C34447519 @default.
- W1786595070 hasConcept C38652104 @default.
- W1786595070 hasConcept C41008148 @default.
- W1786595070 hasConcept C556758197 @default.
- W1786595070 hasConcept C69738904 @default.
- W1786595070 hasConcept C76178495 @default.
- W1786595070 hasConceptScore W1786595070C100243477 @default.
- W1786595070 hasConceptScore W1786595070C10138342 @default.
- W1786595070 hasConceptScore W1786595070C106159729 @default.
- W1786595070 hasConceptScore W1786595070C125308379 @default.
- W1786595070 hasConceptScore W1786595070C144133560 @default.
- W1786595070 hasConceptScore W1786595070C162324750 @default.
- W1786595070 hasConceptScore W1786595070C175444787 @default.
- W1786595070 hasConceptScore W1786595070C197142791 @default.
- W1786595070 hasConceptScore W1786595070C34447519 @default.
- W1786595070 hasConceptScore W1786595070C38652104 @default.
- W1786595070 hasConceptScore W1786595070C41008148 @default.
- W1786595070 hasConceptScore W1786595070C556758197 @default.
- W1786595070 hasConceptScore W1786595070C69738904 @default.
- W1786595070 hasConceptScore W1786595070C76178495 @default.
- W1786595070 hasLocation W17865950701 @default.
- W1786595070 hasOpenAccess W1786595070 @default.
- W1786595070 hasPrimaryLocation W17865950701 @default.
- W1786595070 hasRelatedWork W2101227326 @default.
- W1786595070 hasRelatedWork W2129595044 @default.
- W1786595070 hasRelatedWork W2287282243 @default.
- W1786595070 hasRelatedWork W2407213794 @default.
- W1786595070 hasRelatedWork W2484843022 @default.
- W1786595070 hasRelatedWork W2552485254 @default.
- W1786595070 hasRelatedWork W2757522913 @default.
- W1786595070 hasRelatedWork W3023085901 @default.
- W1786595070 hasRelatedWork W3121183287 @default.
- W1786595070 hasRelatedWork W3121256151 @default.
- W1786595070 hasRelatedWork W3122549445 @default.
- W1786595070 hasRelatedWork W3122633587 @default.
- W1786595070 hasRelatedWork W3122798099 @default.
- W1786595070 hasRelatedWork W3123151708 @default.
- W1786595070 hasRelatedWork W3123570092 @default.
- W1786595070 hasRelatedWork W3123778544 @default.
- W1786595070 hasRelatedWork W3124456103 @default.
- W1786595070 hasRelatedWork W3125437657 @default.
- W1786595070 hasRelatedWork W3126083981 @default.
- W1786595070 hasRelatedWork W3126109208 @default.
- W1786595070 isParatext "false" @default.
- W1786595070 isRetracted "false" @default.
- W1786595070 magId "1786595070" @default.
- W1786595070 workType "article" @default.