Showing 1 - 2 of 2
Persistent link: https://www.econbiz.de/10013189520
We study monetary policy in a New Keynesian (NK) model with endogenous growth and knowledge spillovers external to each firm. We find the following results: (i) technology and government spending shocks have different effects on growth; (ii) disinflationary monetary policies entail positive...
Persistent link: https://www.econbiz.de/10009651047