Showing 1 - 3 of 3
Persistent link: https://www.econbiz.de/10001980162
Persistent link: https://www.econbiz.de/10001982472
We study whether a central bank should deviate from its objective of price stability to promote financial stability. We tackle this question within a textbook New Keynesian model augmented with capital accumulation and microfounded endogenous financial crises. We compare several interest rate...
Persistent link: https://www.econbiz.de/10012794628