Showing 1 - 10 of 19
Persistent link: https://www.econbiz.de/10008636129
Persistent link: https://www.econbiz.de/10008636130
Persistent link: https://www.econbiz.de/10005526140
Persistent link: https://www.econbiz.de/10005526144
Persistent link: https://www.econbiz.de/10005526145
Persistent link: https://www.econbiz.de/10005526148
Persistent link: https://www.econbiz.de/10005526150
Persistent link: https://www.econbiz.de/10005526155
We calculate optimal monetary policy rules for several variants of a simple optimizing model of the monetary transmission mechanism with sticky prices and/or wages. We show that robustly optimal rules can be represented by interest-rate feedback rules that generalize the celebrated proposal of...
Persistent link: https://www.econbiz.de/10005526158
Persistent link: https://www.econbiz.de/10005526159