Chapter 9. A Model with Private Bank Money, Inventories and Inflation
Model DIS - Model DISINF version 1 - Model DISINF version 2 - Model DIS with exogenous expectations on sales
Model DISINF endogenizes wages, and therefore allowes a full treatment of inflation.
In the first version of the model, households take capital gains and losses from inflation into account in their
expenditure decision, and inflation has no real effects.
Download: gl09disinf1 (Eviews 5 to 8)
or gl09disinf1_v4 (Eviews 4.1)
Model DISE is a revised version of model DIS, where expectations on sales are now exogenous. This model is
used in Appendix 2 to chapter 9, to illustrate a stable equilibrium where expectations are never fulfilled.
Download: gl09dise (Eviews 5 to 8)
or gl09dise_v4 (Eviews 4.1)