{"status":"OK","data":{"id":57805,"identifier":"DVN/MXBEOR","persistentUrl":"https://doi.org/10.7910/DVN/MXBEOR","protocol":"doi","authority":"10.7910","separator":"/","publisher":"Harvard Dataverse","publicationDate":"2011-05-12","storageIdentifier":"s3://1902.1/15708","effectiveDatasetFileCountLimit":1000,"datasetFileUploadsAvailable":993,"datasetType":"dataset","locks":[],"latestVersion":{"id":57552,"datasetId":57805,"datasetPersistentId":"doi:10.7910/DVN/MXBEOR","datasetType":"dataset","storageIdentifier":"s3://1902.1/15708","versionNumber":8,"internalVersionNumber":1,"versionMinorNumber":0,"versionState":"RELEASED","latestVersionPublishingState":"RELEASED","deaccessionNote":"","deaccessionLink":"","lastUpdateTime":"2011-11-11T16:40:32Z","releaseTime":"2011-11-11T00:00:00Z","createTime":"2011-11-11T16:25:35Z","alternativePersistentId":"hdl:1902.1/15708","publicationDate":"2011-05-12","citationDate":"2011-05-12","effectiveDatasetFileCountLimit":1000,"datasetFileUploadsAvailable":993,"license":{"name":"CC0 1.0","uri":"http://creativecommons.org/publicdomain/zero/1.0","iconUri":"https://licensebuttons.net/p/zero/1.0/88x31.png","rightsIdentifier":"CC0-1.0","rightsIdentifierScheme":"SPDX","schemeUri":"https://spdx.org/licenses/","languageCode":"en"},"fileAccessRequest":false,"metadataBlocks":{"citation":{"displayName":"Citation Metadata","name":"citation","fields":[{"typeName":"title","multiple":false,"typeClass":"primitive","value":"Monetary Policy Trade-Offs in a Portfolio Model with Endogenous Asset Supply"},{"typeName":"author","multiple":true,"typeClass":"compound","value":[{"authorName":{"typeName":"authorName","multiple":false,"typeClass":"primitive","value":"Stefan Schüder"},"authorAffiliation":{"typeName":"authorAffiliation","multiple":false,"typeClass":"primitive","value":"University of Göttingen"}}]},{"typeName":"datasetContact","multiple":true,"typeClass":"compound","value":[{"datasetContactName":{"typeName":"datasetContactName","multiple":false,"typeClass":"primitive","value":"Stefan Schüder"},"datasetContactAffiliation":{"typeName":"datasetContactAffiliation","multiple":false,"typeClass":"primitive","value":"University of Göttingen"},"datasetContactEmail":{"typeName":"datasetContactEmail","multiple":false,"typeClass":"primitive","value":"stefan.schueder@googlemail.com"}}]},{"typeName":"dsDescription","multiple":true,"typeClass":"compound","value":[{"dsDescriptionValue":{"typeName":"dsDescriptionValue","multiple":false,"typeClass":"primitive","value":"This paper develops an open economy portfolio balance model with endogenous asset supply. Domestic producers choose an optimal capital structure and finance capital goods through credit, bonds and equity assets. Private households hold a portfolio of domestic and foreign assets, shift balances depending on risk-return considerations, and maximise real consumption in accordance with the law of one price.\n<p></p>  Within this general equilibrium model, it will be shown that central bank interventions may promote an inefficient international allocation of real capital. The application of expansive monetary interventions throughout the course of economic crises maintains the domestic stock of real capital at the cost of inflation, currency devaluation, distortions of interest rates and asset prices, and risk clusters on the central bank’s balance sheet. Exchange rate stabilising interventions have\nthe result that the central bank can also stabilise the domestic stock of real capital. However, such interventions produce either risk clusters on the central bank’s balance sheet or changes in the domestic price level."},"dsDescriptionDate":{"typeName":"dsDescriptionDate","multiple":false,"typeClass":"primitive","value":"2011-11"}}]},{"typeName":"keyword","multiple":true,"typeClass":"compound","value":[{"keywordValue":{"typeName":"keywordValue","multiple":false,"typeClass":"primitive","value":"portfolio balance, monetary policy, real capital, macroeconomic risk, exchange rate"},"keywordVocabulary":{"typeName":"keywordVocabulary","multiple":false,"typeClass":"primitive","value":"link to paper"},"keywordVocabularyURI":{"typeName":"keywordVocabularyURI","multiple":false,"typeClass":"primitive","value":"http://ssrn.com/abstract=1873482"}}]},{"typeName":"dateOfDeposit","multiple":false,"typeClass":"primitive","value":"2011-04"}]}},"files":[{"description":"Main paper, INFER Working Paper No. 2011.3 (uploaded 11 November 2011)","label":"Monetary Policy Trade-Offs - Schueder Nov2011.pdf","restricted":false,"version":1,"datasetVersionId":57552,"categories":["Paper"],"dataFile":{"id":2325459,"persistentId":"doi:10.7910/DVN/MXBEOR/8IEJ7P","pidURL":"https://doi.org/10.7910/DVN/MXBEOR/8IEJ7P","filename":"Monetary Policy Trade-Offs - Schueder Nov2011.pdf","contentType":"application/pdf","friendlyType":"Adobe PDF","filesize":639406,"description":"Main paper, INFER Working Paper No. 2011.3 (uploaded 11 November 2011)","categories":["Paper"],"storageIdentifier":"s3://dvn-cloud:77533","rootDataFileId":-1,"md5":"a016bd49ba2fa8b02843a5a187544073","checksum":{"type":"MD5","value":"a016bd49ba2fa8b02843a5a187544073"},"tabularData":false,"creationDate":"2011-11-11","publicationDate":"2011-11-10","lastUpdateTime":"2011-11-11T16:40:32Z","fileAccessRequest":false}},{"description":"Model solving and stability test in detail (uploaded 11 November 2011)","label":"Supplemental Paper - Monetary Policy Trade-Offs.pdf","restricted":false,"version":1,"datasetVersionId":57552,"categories":["Paper"],"dataFile":{"id":2325460,"persistentId":"doi:10.7910/DVN/MXBEOR/DD6TIW","pidURL":"https://doi.org/10.7910/DVN/MXBEOR/DD6TIW","filename":"Supplemental Paper - Monetary Policy Trade-Offs.pdf","contentType":"application/pdf","friendlyType":"Adobe PDF","filesize":243255,"description":"Model solving and stability test in detail (uploaded 11 November 2011)","categories":["Paper"],"storageIdentifier":"s3://dvn-cloud:77534","rootDataFileId":-1,"md5":"3b1d0ea46df8db844d69de6522b8887b","checksum":{"type":"MD5","value":"3b1d0ea46df8db844d69de6522b8887b"},"tabularData":false,"creationDate":"2011-11-11","publicationDate":"2011-11-10","lastUpdateTime":"2011-11-11T16:40:32Z","fileAccessRequest":false}},{"description":"EViews workfiles with a description of data sources (uploaded 23 June 2011)","label":"Workfiles - Monetary Policy Trade-Offs.zip","restricted":false,"version":1,"datasetVersionId":57552,"categories":["Data"],"dataFile":{"id":2299082,"persistentId":"doi:10.7910/DVN/MXBEOR/QMRNRK","pidURL":"https://doi.org/10.7910/DVN/MXBEOR/QMRNRK","filename":"Workfiles - Monetary Policy Trade-Offs.zip","contentType":"application/zip","friendlyType":"ZIP Archive","filesize":95931,"description":"EViews workfiles with a description of data sources (uploaded 23 June 2011)","categories":["Data"],"storageIdentifier":"s3://dvn-cloud:69215","rootDataFileId":-1,"md5":"beb394f5a87409583b73bba02acb58d8","checksum":{"type":"MD5","value":"beb394f5a87409583b73bba02acb58d8"},"tabularData":false,"creationDate":"2011-06-23","publicationDate":"2011-06-22","lastUpdateTime":"2011-11-11T16:40:32Z","fileAccessRequest":false}}]}}}