Browsing MIT Dept. of Economics Working Papers Series by Subject "quantitative easing"
Now showing items 1-1 of 1
-
A Caricature (Model) of the World Economy
(Cambridge, MA: Department of Economics, Massachusetts Institute of Technology, 2010-11-23)This paper provides a stylized model of the workings of a global economy where one of its key driving factors is economic agents’ continuous struggle to find assets in which to park financial resources. This struggle ...