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040 |aCaOODSP|beng|erda|cCaOODSP
043 |an-cn---
0861 |aFB3-5/2020-48E-PDF
1001 |aChiu, Jonathan, |eauthor.
24510|aShort-run dynamics in a search-theoretic model of monetary exchange / |cby Jonathan Chiu and Miguel Molico.
264 1|aOttawa, Ontario, Canada : |bBank of Canada = Banque du Canada, |c2020.
264 4|c©2020
300 |a1 online resource (ii, 43 pages) : |bcharts.
336 |atext|btxt|2rdacontent
337 |acomputer|bc|2rdamedia
338 |aonline resource|bcr|2rdacarrier
4901 |aStaff working paper = Document de travail du personnel, |x1701-9397 ; |v2020-48
500 |a"Last updated: November 18, 2020."
500 |aCover title.
504 |aIncludes bibliographical references.
520 |a"We study the short-run effects of monetary policy in a search-theoretic monetary model in which agents are subject to idiosyncratic liquidity shocks as well as aggregate monetary shocks. Namely, we analyze the role of the endogenous non-degenerate distribution of liquidity, liquidity constraints, and decentralized trade in the transmission and propagation of monetary policy shocks"--Abstract.
650 0|aMonetary policy|xMathematical models.
650 0|aTransmission mechanism (Monetary policy)
7102 |aBank of Canada, |eissuing body.
830#0|aStaff working paper (Bank of Canada)|v2020-48.|w(CaOODSP)9.806221
85640|qPDF|s826 KB|uhttps://publications.gc.ca/collections/collection_2020/banque-bank-canada/FB3-5-2020-48-eng.pdf