摘要翻译:
本文就如何解释长期实际利率的非预期波动提出了自己的观点。我们通过对基本宏观经济均衡模型的修正来描述一个宏观经济环境,该模型被称为IS-LM模型。最后,我们建议财政政策和货币政策可以相互配合,以减少这些波动。我们的模型是在一个说明性的例子上演示的。
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英文标题:
《Can we explain unexpected fluctuations of long-term real interest rate?》
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作者:
Barbora Voln\'a
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最新提交年份:
2019
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分类信息:
一级分类:Quantitative Finance 数量金融学
二级分类:General Finance 一般财务
分类描述:Development of general quantitative methodologies with applications in finance
通用定量方法的发展及其在金融中的应用
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一级分类:Mathematics 数学
二级分类:Dynamical Systems 动力系统
分类描述:Dynamics of differential equations and flows, mechanics, classical few-body problems, iterations, complex dynamics, delayed differential equations
微分方程和流动的动力学,力学,经典的少体问题,迭代,复杂动力学,延迟微分方程
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英文摘要:
In this paper, we present own point of view how the unexpected fluctuations of the long-term real interest rate can be explained. We describe a macroeconomic environment by the modification of the fundamental macroeconomic equilibrium model called the IS-LM model. Last but not least, we suggest a possible cooperation between the fiscal and monetary policy to reduce these fluctuations. Our modelling is demonstrated on an illustrative example.
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PDF链接:
https://arxiv.org/pdf/1211.2709