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Stone, Courtenay C. (ed.) - 1989

Persistent link: https://www.econbiz.de/10000139958

The Monetary approach to the balance of payments : a collection of research papers

1977

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Instruments of monetary management : issues and country experiences

Baliño, Tomás J. T. (ed.); Zamalloa, Lorena M. (contributor) - 1997

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Targeting vs. instrument rules for monetary policy

McCallum, Bennett T. (contributor); … - 2004 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10002115955

Frontiers in monetary policy research : proceedings of the Thirty-First Annual Economic Policy Conference of the Federal Reserve Bank of St.Louis

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Optimal monetary policy, endogenous sticky prices, and multiplicity of equilibria

Barseghyan, Levon (contributor); … - 2005 - rev.

"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...