By introducing financial markets, informational asymmetries and transaction costs into the benchmark model, money and credit developments are given a role in determining macroeconomic outcomes.

 
  • 通过将金融市场、信息不对称和交易成本引入基准模型之中,货币和信贷趋势在决定宏观经济结果方面被赋予了某种角色。
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