| Example9.10.policy.quantitative.easing {CGE} | R Documentation |
Quantitative Easing Policy for Example 9.10 in Li (2019)
Description
This is the deflation policy for the economy of Example 9.10 in Li (2019), which is discussed in Example 9.12.
Usage
Example9.10.policy.quantitative.easing(time, state, state.history)
Arguments
time |
the current time. |
state |
a list indicating the current economic state including prices, exchange levels (i.e. activity levels, production levels or utility levels) and supplies. |
state.history |
the history of economic states. |
Value
Example9.10.policy.quantitative.easing returns a list indicating the modified current economic state including prices, exchange levels (i.e. activity levels, production levels or utility levels) and supplies.
Author(s)
LI Wu <liwu@staff.shu.edu.cn>
References
LI Wu (2019, ISBN: 9787521804225) General Equilibrium and Structural Dynamics: Perspectives of New Structural Economics. Beijing: Economic Science Press. (In Chinese)
See Also
Example9.10;
Example9.10.policy.interest.rate;
Example9.10.policy.money.supply;
Example9.10.policy.deflation;
Example9.10.policy.tax;
Example9.10.policy.deficit.fiscal