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


[Package CGE version 0.3.3 Index]