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- W2155234234 abstract "In a recent contribution Villieu [1992] extends the Sidrauski-Fischer model, considering various degrees of substitution between consumption and real money balances. He is able to characterise analytically the portions of the parameters space that imply an anti-Tobin effect. This paper shows, by means of numerical methods, that the procedure used by Villieu to prove his result is biased when the elasticity of substitution between consumption and real money balances is low." @default.
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- W2155234234 date "1995-01-01" @default.
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- W2155234234 title "Money-Consumption Substitution and Capital Accumulation on the Transition Path: Some Numerical Results" @default.
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