Dennis, Richard J. (contributor) - 2007
business cycle model to analyze the behavior of a central bank
that conducts policy with discretion while fearing that its … answers.
I investigate these questions in the context of a new Keynesian business cycle model in
which households, �rms, and a … organized as follows. Section 2 summarizes the new Keyne-
sian business cycle model that I use to study the e�ects of robustness …