| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5061323 | Economics Letters | 2010 | 5 Pages |
Abstract
This paper analyzes the welfare effects of unanticipated policy changes in a model with complete asset markets and heterogeneous agents. There are two effects: an effect of the change in wealth and a direct effect from the price change.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Toshihiko Mukoyama,