Elder Mauricio Silva, G. V. Moura, Sergio Da Silva
{"title":"基于主体的宏观经济模型中的货币政策实验","authors":"Elder Mauricio Silva, G. V. Moura, Sergio Da Silva","doi":"10.4236/OALIB.1107471","DOIUrl":null,"url":null,"abstract":"We consider an interbank market and a central bank in an agent-based macroeconomic model with credit and capital to evaluate the effects of monetary policies—conventional and quantitative easing. We find quantitative easing outperforms Taylor’s rule-style policies in smoothing out the business cycle.","PeriodicalId":19593,"journal":{"name":"Open Access Library Journal","volume":"59 4","pages":"1-14"},"PeriodicalIF":0.0000,"publicationDate":"2021-05-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"2","resultStr":"{\"title\":\"Monetary Policy Experiments in an Agent-Based Macroeconomic Model\",\"authors\":\"Elder Mauricio Silva, G. V. Moura, Sergio Da Silva\",\"doi\":\"10.4236/OALIB.1107471\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"We consider an interbank market and a central bank in an agent-based macroeconomic model with credit and capital to evaluate the effects of monetary policies—conventional and quantitative easing. We find quantitative easing outperforms Taylor’s rule-style policies in smoothing out the business cycle.\",\"PeriodicalId\":19593,\"journal\":{\"name\":\"Open Access Library Journal\",\"volume\":\"59 4\",\"pages\":\"1-14\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2021-05-06\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"2\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Open Access Library Journal\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.4236/OALIB.1107471\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Open Access Library Journal","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.4236/OALIB.1107471","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
Monetary Policy Experiments in an Agent-Based Macroeconomic Model
We consider an interbank market and a central bank in an agent-based macroeconomic model with credit and capital to evaluate the effects of monetary policies—conventional and quantitative easing. We find quantitative easing outperforms Taylor’s rule-style policies in smoothing out the business cycle.
求助内容：
应助结果提醒方式：
京公网安备 11010802042870号
