Dennis, Richard J. (contributor) - 2007
FEDERAL RESERVE BANK OF SAN FRANCISCO
WORKING PAPER SERIES
Working Paper 2007-09
http://www.frbsf.org/publications/economics … 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 …