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Interest rate rules in a cash-in-advance economy.

Li Ka-fai. / Thesis (M.Phil.)--Chinese University of Hong Kong, 2003. / Includes bibliographical references (leaves 62-67). / Abstracts in English and Chinese. / Abstract --- p.ii / 摘要 --- p.iii / Acknowledgements --- p.iv / Table of Contents --- p.v / Chapter Chapter 1. --- Introduction --- p.1 / Chapter Chapter 2. --- A Neoclassical Monetary Growth Model with Investment --- p.9 / Chapter 2.1 --- The Economic Environment --- p.9 / Chapter 2.2 --- Equilibrium Dynamics --- p.13 / Chapter 2.2.1 --- The Clower-Lucas Model --- p.14 / Chapter 2.2.2 --- The Stockman Model --- p.19 / Chapter 2.3 --- Extension --- p.25 / Chapter Chapter 3. --- An Endogenous AK Monetary Growth Model --- p.30 / Chapter 3.1 --- Local Analysis --- p.33 / Chapter 3.1.1 --- The Clower-Lucas Model --- p.33 / Chapter 3.1.2 --- The Stockman Model --- p.35 / Chapter 3.2 --- Global Analysis --- p.40 / Chapter Chapter 4. --- Conclusion --- p.47 / Tables / Table 1 Summary of selective literature and its comparison --- p.49 / Table 2 Regions for local indeterminacy under passive rules for the neoclassical growth model --- p.52 / Table 3 Regions for local indeterminacy under passive rules for the one-sector endogenous growth model --- p.53 / Table 4 Range of policy rules parameter for generating multiple balanced growth paths (Global indeterminacy) in the one-sector endogenous growth model --- p.54 / Figures / "Figure 1 Taylor Rules, Zero Bound on nominal interest rate and liquidity Trap" --- p.55 / Figure 2 The quadratic problem in condition (c) --- p.56 / Figure 3 Phase diagram under active rules for the one-sector endogenous growth model --- p.57 / Figure 4 Phase diagram under passive rules for the one-sector endogenous growth model --- p.58 / Appendices: / Appendix 1 Condition for guaranteeing the existence of real roots --- p.59 / Appendix 2 Condition for non-negativity of nominal interest rate --- p.60 / References --- p.62

Identiferoai:union.ndltd.org:cuhk.edu.hk/oai:cuhk-dr:cuhk_324352
Date January 2003
ContributorsLi, Ka-fai., Chinese University of Hong Kong Graduate School. Division of Economics.
Source SetsThe Chinese University of Hong Kong
LanguageEnglish, Chinese
Detected LanguageEnglish
TypeText, bibliography
Formatprint, vi, 67 leaves : ill. ; 30 cm.
RightsUse of this resource is governed by the terms and conditions of the Creative Commons “Attribution-NonCommercial-NoDerivatives 4.0 International” License (http://creativecommons.org/licenses/by-nc-nd/4.0/)

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