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Humphrey, Thomas MacGillivray (contributor) - 2000 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001517412

The pitfalls of monetary discretion

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The Taylor principle, interest rate smoothing and Fed policy in the 1970s and 1980s

Mehra, Yash Pal (contributor) - 2001 - [Elektronische Ressource]

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Real implications of the zero bound on nominal interest rates

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Should optimal discretionary monetary policy look at money?

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Financial stability, deflation, and monetary policy

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The Taylor principle, interest rate smoothing and Fed policy in the 1970s and 1980s

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Persistent link: https://www.econbiz.de/10001758864

Monetary discretion, pricing complementarity, and dynamic multiple equilibria

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Economic quarterly

Federal Reserve Bank of Richmond - Richmond, Va. : [Verlag nicht ermittelbar] - 79.1993 - 97.2011 ; damit Erscheinen eingestellt

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Optimal monetary policy

Khan, Aubhik; King, Robert G.; Wolman, Alexander L. - Federal Reserve Bank of Richmond - 2000

Optimal monetary policy maximizes welfare, given frictions in the economic environment. Constructing a model with two sets of frictions - the Keynesian friction of costly price adjustment by imperfectly competitive firms and the Monetarist friction of costly exchange of wealth for goods - we...

Persistent link: https://www.econbiz.de/10004993913