國立虎尾科技大學 |

登入

回首頁

Essays on Money, Banking, and Finance.

ProQuest Information and Learning Co.

Essays on Money, Banking, and Finance.

紀錄類型:	書目-語言資料,手稿 : Monograph/item
正題名/作者:	Essays on Money, Banking, and Finance./
作者:	Ngo, Duong.
面頁冊數:	1 online resource (127 pages)
附註:	Source: Dissertation Abstracts International, Volume: 79-10(E), Section: A.
Contained By:	Dissertation Abstracts International79-10A(E).
標題:	Economic theory. -
電子資源:	click for full text (PQDT)
ISBN:	9780355966398

Essays on Money, Banking, and Finance.
Ngo, Duong.

Essays on Money, Banking, and Finance. - 1 online resource (127 pages)

Source: Dissertation Abstracts International, Volume: 79-10(E), Section: A.

Thesis (Ph.D.)--State University of New York at Albany, 2018.

Includes bibliographical references

This doctoral dissertation contains three essays on the topics of money, banking, and finance.

Electronic reproduction.
Ann Arbor, Mich. :
ProQuest,
2018

Mode of access: World Wide Web

ISBN: 9780355966398Subjects--Topical Terms:

809881
Economic theory.
Index Terms--Genre/Form:

554714
Electronic books.

Essays on Money, Banking, and Finance.
LDR:02970ntm a2200373Ki 4500 001 919188
005 20181116131021.5
006 m o u
007 cr mn||||a|a||
008 190606s2018 xx obm 000 0 eng d
020 $a 9780355966398
035 $a (MiAaPQ)AAI10810313
035 $a (MiAaPQ)sunyalb:12361
035 $a AAI10810313
040 $a MiAaPQ $b eng $c MiAaPQ $d NTU
100 1 $a Ngo, Duong. $3 1193699
245 1 0 $a Essays on Money, Banking, and Finance.
264 0 $c 2018
300 $a 1 online resource (127 pages)
336 $a text $b txt $2 rdacontent
337 $a computer $b c $2 rdamedia
338 $a online resource $b cr $2 rdacarrier
500 $a Source: Dissertation Abstracts International, Volume: 79-10(E), Section: A.
500 $a Adviser: Adrian Masters.
502 $a Thesis (Ph.D.)--State University of New York at Albany, 2018.
504 $a Includes bibliographical references
520 $a This doctoral dissertation contains three essays on the topics of money, banking, and finance.
520 $a In my first essay, I build a dynamic monetary model with only electronic money to set lights on the effects of unconventional monetary policy since the Great Recession. The model can replicate the sharp rise of reserves in the banking system and the complex inflation dynamics. After quantitative easing, keeping the interest on reserves at zero too long might create deflation in the long run. One good solution to get out of this "low rate-cum-deflation" trap is to "raise rate and money supply simultaneously."
520 $a My second essay extends the first one by including currency into the model. This essay shows that a Taylor rule is not efficient during banking crises, in which banks cut loans. Even with negative interest on reserves or forward guidance, deflation is still likely to be persistent. If the central bank simultaneously targets both the interbank rate and the money supply by a Taylor rule and a Friedman's k-percent rule, inflation and output are stabilized. When interest on reserves becomes the central bank's main tool, the traditional view that the central bank cannot target both interest rate and money supply will no longer be true.
520 $a My third essay creates a link between financial innovations and income distributions. A general equilibrium model is developed to give a new insight that the introduction of new financial assets causes the income redistribution. Income is transferred from the manufacturing sector to the financial sector as well as from low wealth-holders to top wealth-holders.
520 $a Three essays both emphasize the importance of banking and financial sector to understand the modern economy.
533 $a Electronic reproduction. $b Ann Arbor, Mich. : $c ProQuest, $d 2018
538 $a Mode of access: World Wide Web
650 4 $a Economic theory. $3 809881
655 7 $a Electronic books. $2 local $3 554714
690 $a 0511
710 2 $a ProQuest Information and Learning Co. $3 1178819
710 2 $a State University of New York at Albany. $b Economics. $3 1193700
773 0 $t Dissertation Abstracts International $g 79-10A(E).
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=10810313 $z click for full text (PQDT)

筆 0 讀者評論

多媒體

評論

新增評論分享你的心得

Export

取書館別