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Two Different Views on Monetary Policy Impact: The New Consensus and Post-Keynesian Economics
Marinas, Marius-Corneliu
- In:
Theoretical and Applied Economics
9(514)
(
2007
)
9(514)
,
pp. 37-42
The objective of this study is to make a synthesis of the differences between two new macroeconomic views. A New Consensus has arisen among neoclassical and New-Keynesian economists, such as Romer, Taylor and Walsh. This new view seeks to redefine the application of monetary policy by...
Persistent link: https://www.econbiz.de/10005099795
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2
Limits of Inflation Targeting Strategy
Socol, Cristian
;
Niculescu, Aura
- In:
Theoretical and Applied Economics
1(496)
(
2006
)
1(496)
,
pp. 3-7
targeting. For this purpose, NBR must explain the loss function and the optimal
monetary
policy
rule
. We then argued that this …
Persistent link: https://www.econbiz.de/10005581547
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