Gomes, Carlos Eduardo; Dias, Maria Helena Ambrosio - In: Economia : revista da ANPEC 21 (2020) 1, pp. 91-103
In macroeconomic theory, different approaches discuss the ability of monetary policy to affect real variables in the long run. This research proposes the empirical application of a theoretical model that includes nominal rigidities arising from transaction costs and real rigidities arising from...
