Reallocation of production inputs in a monetary economy
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DOI: 10.1016/j.econlet.2019.108563
Abstract: Abstract This paper explains the return correlation between money and competing assets, the coexistence puzzle, and the effect of inflation on output. As the model allows sellers to use lands as an input, buyers’ portfolios… read more here.
Keywords: production inputs; monetary economy; inputs monetary; reallocation production ... See more keywords