Increasing-Returns-to-Scale/Sticky-Price Approach to Monetary Analysis
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ISBN-10 | : OCLC:47985654 |
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Rating | : 4/5 ( Downloads) |
Download or read book Increasing-Returns-to-Scale/Sticky-Price Approach to Monetary Analysis written by and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The Federal Reserve Bank of Richmond presents the full text of an article entitled "The Increasing-Returns-to-Scale/Sticky-Price Approach to Monetary Analysis," by Mary G. Finn. The article was published in the Fall 1995 issue of "Economic Quarterly." Finn highlights an assessment of the increasing-returns-to-scale/sticky-price theory of the monetary transmission mechanism, which is found to be unsound as a basis for understanding the effects of monetary policy.