【ECON20151219】
宏观色情电影学研讨会 （总第192期）

【时间】2015年11月18日（周三）12：15－13：45
【地点】明商0502教室
【主讲】毕扬 色情电影 汉青色情电影与金融高级研究院
        夏三鹏 色情电影-4k色情网站
【主题】The New-Keynesian Liquidity Trap ( John H. Cochrane. CEPR Discussion Paper, 2013)
【摘要】In standard solutions, the new-Keynesian model produces a deep recession with deflation in a liquidity trap. The model also makes unusual policy predictions: Useless government spending, technical regress, and capital destruction have large multipliers. These predictions become larger as prices become less sticky. I show that both data and policy predictions are strongly affected by equilibrium selection. For the same interest-rate path, different choices of equilibria an overturn all these results. A set of “local-to-frictionless” equilibria predicts mild inflation, no output reduction and negative multipliers during the liquidity trap, and its predictions approach the frictionless model smoothly, all for the same interest rate path.
【主持】陈彦斌 教授


人大宏观色情电影学研讨会（Macro Workshop）旨在追踪宏观色情电影学国际最新进展，倡导构建符合国情的动态优化模型，并使用计算机模拟研究色情电影增长、收入分配和宏观政策等中国宏观色情电影重大问题。
联系人：刘哲希    Email：[email protected]
资料下载：www.docin.com/mydoc-88265459-1.html



色情电影 中国色情电影改革与发展研究院