Strategic Monetary Policy with Non-Atomistic Wage-Setters.

This paper proposes a monetary policy game based on a microfounded general equilibrium model. The approach allows some key features of the policy game to be related to basic technological and preference parameters. Moreover, it shows how results are affected by the presence of non-atomistic private agents.

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Year of publication:	2000
Authors:	Lippi, F.
Institutions:	Banca d'Italia
Subject:	MONETARY POLICY \| MODELS \| GAMES \| INFLATION

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Series:	Banca Italia - Servizio di Studi.
Type of publication:	Book / Working Paper
Notes:	36 pages
Classification:	E52 - Monetary Policy (Targets, Instruments, and Effects) ; C70 - Game Theory and Bargaining Theory. General ; E31 - Price Level; Inflation; Deflation
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005780671