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Creator: Miller, Preston J. Series: Working paper (Federal Reserve Bank of Minneapolis. Research Department) Number: 173 Description: This paper reviews selected studies in the theory of macroeconomic stabilization policy and summarizes their key findings.
Keyword: Uncertainty, Stabilization theory, and Macroeconomic stabilzation policy Subject (JEL): E63 - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization; Treasury Policy and D80 - Information, Knowledge, and Uncertainty: General -
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Creator: Bryant, John B. Series: Working paper (Federal Reserve Bank of Minneapolis. Research Department) Number: 168 Abstract: A simple model of backed money without a store of value function is presented, discussed, and defended. The function of money in the model is to replace complex contingent contracts traded on a centralized exchange with simple trades in decentralized markets.
Keyword: Contracts, Fiat money, and Commodity money Subject (JEL): E40 - Money and Interest Rates: General and C10 - Econometric and Statistical Methods and Methodology: General -
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Series: Quarterly review (Federal Reserve Bank of Minneapolis. Research Department) Number: Vol. 5, No. 3 -
Creator: Sargent, Thomas J. Series: Working paper (Federal Reserve Bank of Minneapolis. Research Department) Number: 000 Description: This paper is labeled as "W" and has no issue number. Issue number 0 is used for chronological purposes.
Keyword: Monetary policy, Inflation, Momentum, Government deficit, Poincaré miracle, Fiscal policy, Rational expectations, Ronald Reagan, Margaret Thatcher, and Raymond Poincaré -
Creator: Bryant, John B. Series: Working paper (Federal Reserve Bank of Minneapolis. Research Department) Number: 175 Abstract: Game theory is both at the heart of economics and without a definitive solution. This paper proposes a solution. It is argued that a dominance criterion generates a, and perhaps the, generalized equilibrium solution for game theory. First we provide a set theoretic perspective from which to view game theory, and then present and discuss the proposed solution.
Keyword: Dominance, Equilibria, and Nash equilbrium Subject (JEL): C72 - Noncooperative Games, C68 - Computable General Equilibrium Models, and C70 - Game Theory and Bargaining Theory: General -
Creator: Kareken, John H. Series: Quarterly review (Federal Reserve Bank of Minneapolis. Research Department) Number: Vol. 5, No. 1
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