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A publicação pode ser exportada nos seguintes formatos: referência da APA (American Psychological Association), referência do IEEE (Institute of Electrical and Electronics Engineers), BibTeX e RIS.

Exportar Referência (APA)
Leão, E. R. & Leão, P. R. (2007). Modelling the central bank repo rate in a dynamic general equilibrium framework. Economic Modelling . 24 (4), 571-610
Exportar Referência (IEEE)
E. C. Leão and P. A. Leão,  "Modelling the central bank repo rate in a dynamic general equilibrium framework", in Economic Modelling , vol. 24, no. 4, pp. 571-610, 2007
Exportar BibTeX
@article{leão2007_1734883291895,
	author = "Leão, E. R. and Leão, P. R.",
	title = "Modelling the central bank repo rate in a dynamic general equilibrium framework",
	journal = "Economic Modelling ",
	year = "2007",
	volume = "24",
	number = "4",
	doi = "10.1016/j.econmod.2006.12.003",
	pages = "571-610",
	url = "http://www.sciencedirect.com/science/article/pii/S0264999307000028?via%3Dihub"
}
Exportar RIS
TY  - JOUR
TI  - Modelling the central bank repo rate in a dynamic general equilibrium framework
T2  - Economic Modelling 
VL  - 24
IS  - 4
AU  - Leão, E. R.
AU  - Leão, P. R.
PY  - 2007
SP  - 571-610
SN  - 0264-9993
DO  - 10.1016/j.econmod.2006.12.003
UR  - http://www.sciencedirect.com/science/article/pii/S0264999307000028?via%3Dihub
AB  - This paper incorporates two components of a modern monetary system into a standard real business cycle model: a central bank which lends reserves to commercial banks and charges a repo interest rate; and banks which make loans under a fractional reserve system and thereby create money. We examine the response of our model to shocks in the monetary base, in the currency-deposits ratio and in the required reserve ratio. Our main finding is that all these monetary shocks lead to changes in the composition of total investment between the banking and the non-banking sectors.
ER  -