Showing 1 - 10 of 41
Persistent link: https://www.econbiz.de/10013479839
Persistent link: https://www.econbiz.de/10000888563
Persistent link: https://www.econbiz.de/10000901559
Persistent link: https://www.econbiz.de/10001611835
Persistent link: https://www.econbiz.de/10002115955
Persistent link: https://www.econbiz.de/10003507821
"We analyze optimal monetary policy in an endogenous sticky price model. Similar models with exogenous sticky prices can deliver multiplicity of equilibria. Multiplicity of equilibria is a necessary condition for expectation traps to explain the variation across time and countries of inflation...
Persistent link: https://www.econbiz.de/10002934314
Persistent link: https://www.econbiz.de/10001979875
Persistent link: https://www.econbiz.de/10001987130