Welfare costs from output and price fluctuations with heterogeneous agents and utility recovery

• المؤلفون الرئيسيون: Ong, Natalie Jia Min, Tan, Peck Hean, Tay, Cong Run
• مؤلفون آخرون: Kang Minwook
• التنسيق: Final Year Project
• اللغة: English
• منشور في: 2019
• الموضوعات: DRNTU::Business::Finance; DRNTU::Social sciences::Economic theory::Macroeconomics
• الوصول للمادة أونلاين: http://hdl.handle.net/10356/76795
• المؤسسة: Nanyang Technological University

In this globalized world, sound macroeconomic policies play an imperative role in economic success. This paper seeks to aid policy-makers in their decision-making processes by quantifying the welfare costs of business cycle fluctuations for them to formulate sound economic policies to improve the we...