Welfare effects of unanticipated policy changes with complete asset markets

C-Tier
Journal: Economics Letters
Year: 2010
Volume: 109
Issue: 2
Pages: 134-138

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

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.

Technical Details

RePEc Handle
repec:eee:ecolet:v:109:y:2010:i:2:p:134-138
Journal Field
General
Author Count
1
Added to Database
2026-01-26