Search results for ‘David M Arseneau’

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      Finance and Economics Discussion Series

      David M Arseneau

      This paper illustrates that the introduction of a money demand distortion into an otherwise standard New Keynesian Open Economy model generates multiple discretionary equilibria. These equilibria arise in the form…

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      International Finance Discussion Papers

      David M Arseneau

      This paper uses disaggregated data from a broad cross-section of countries to empirically assess differences in energy consumption profiles across countries. We find empirical support for the energy ladder hypothesis…

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      International Finance Discussion Papers

      David M Arseneau,Sylvain Leduc

      We embed the canonical rational expectations competitive storage model into a general equilibrium framework thereby allowing the non-linear commodity price dynamics implied by the competitive storage model to interact with…

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      International Finance Discussion Papers

      David M Arseneau,Sanjay K Chugh

      Heterogeneity between unemployed and employed individuals matters for optimal fiscal policy. This paper considers the consequences of welfare heterogeneity between these two groups for the determination of optimal capital and…

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