Cúrdia, Vasco (contributor); Woodford, Michael (contributor) - 2008
Columbia University
Department of Economics
Discussion Paper Series
Credit Frictions and …-02
Department of Economics
Columbia University
New York, NY 10027
August 2008
Credit Frictions and Optimal Monetary Policy … optimal policy, even in the presence of variations in credit
spreads. We also consider a \spread-adjusted Taylor rule," in …