Christiano, Lawrence J.; Ilut, Cosmin; Motto, Roberto - 2008
, a monetized version of the model which stresses sticky wages and a Taylorrule based monetary policy naturally generates … growth into monetary policy may result in improved performance. We discuss the robustness of our analysis to alternative …, Cosmin Ilut,
Roberto Motto and Massimo Rostagno
WORKING PAPER SERIES
NO 955 / OCTOBER 2008
In 2008 all ECB
publications …