; ; ; "ActiveFedora::Aggregation::ListSource" . a , ; "Liquidity and Real Activity in Three Monetary Models"; ; "batchuser@example.com"; "Schlagenhauf, Don E.", "Wrase, Jeffrey M."; "Federal Reserve Bank of Minneapolis"; "E43 - Interest Rates: Determination, Term Structure, and Effects", "E32 - Business Fluctuations; Cycles"; "This paper investigates interest rate determination and evolutions of nominal and real variables in alternative monetary, general equilibrium models. Three approaches to characterizing monetary transactions services are utilized: a cash-in-advance approach, in which agents face cash constraints on goods purchases; a transaction-cost approach, in which goods are sacrificed in transactions; and a shopping-time approach, in which leisure is sacrificed in transactions. Models which employ these approaches are used to examine liquidity effects of monetary innovations on interest rates and real activity."^^; "1992-07-01"; "2019-05-21T18:14:02.794814898+00:00"^^; "https://doi.org/10.21034/dp.68"; ; "https://creativecommons.org/licenses/by-nc/4.0/"; "Wed Apr 22 16:42:02 2020"; "https://creativecommons.org/licenses/by-nc/4.0/"; "Research Paper"; "857", "699"; "Discussion paper (Federal Reserve Bank of Minneapolis. Institute for Empirical Macroeconomics)"; "068"; ; ; ; ; "Federal Reserve Bank of Minneapolis. Institute for Empirical Macroeconomics"; ; "Publication" . ; .