Christoffel, Kai; Küster, Keith; Linzert, Tobias - 2009
AREA MONETARY POLICY
1
by Kai Christoffel
2
, Keith Kuester
3
and Tobias Linzert
2
1 This paper is a revised version … System.
2 Corresponding authors: European Central Bank, Kaiserstrasse 29, D-60311 Frankfurt, Germany;
e-mail: kai … Introduction 7
2 The Model 10
2.1 Preferences and consumers’ constraints 10
2.2 Firms 12
2.3 Labor market 15
2.4 Monetary policy …