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Optimal monetary policy and imperfect financial markets : a case for negative nominal interest rates?
Abo-Zaid, Salem; Garín, Julio - In: Economic inquiry : journal of the Western Economic … 54 (2016) 1, pp. 215-228
Persistent link: https://www.econbiz.de/10011576538
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Money as friction : conceptual dissonance in Woodford's Interest and Prices
Rogers, Colin (contributor) - 2008
Persistent link: https://www.econbiz.de/10003813851
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Monetary disequilibrium and the demand for money in Ricardo and Thornton
Glasner, David - In: Studies in the history of monetary theory : …, (pp. 135-153). 2021
-rate theory, did not take a uniform international price level as a benchmark given the suspension of convertibility. But, like …
Persistent link: https://www.econbiz.de/10012705227
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Banks and financial markets in microfounded models of money
Buggenum, Hugo van - 2021
Persistent link: https://www.econbiz.de/10012617336
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Fiscal and monetary policy interactions in a model with low interest rates
Miao, Jianjun; Su, Dongling - 2023
Persistent link: https://www.econbiz.de/10014319753
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Essays on prices, money, and interest rates : new-Keynsian and new-classical approaches
Jinushi, Toshiki - 1989
Persistent link: https://www.econbiz.de/10000809053
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Optimal monetary policy in a new Keynesian model with habits in consumption
Leith, Campbell B.; Moldovan, Ioana R.; Rossi, Raffaele - 2009
While consumption habits have been utilised as a means of generating a hump shaped output response to monetary policy shocks in sticky-price New Keynesian economies, there is relatively little analysis of the impact of habits (particularly, external habits) on optimal policy. In this paper we...
Persistent link: https://www.econbiz.de/10003867095
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Michael Woodford's contributions to monetary economics
McCallum, Bennett T. - In: The science and practice of monetary policy today : the …, (pp. 3-8). 2010
Persistent link: https://www.econbiz.de/10003920583
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The New-Keynesian approach to monetary policy analysis : lessons and new directions
Galí, Jordi - In: The science and practice of monetary policy today : the …, (pp. 9-19). 2010
Persistent link: https://www.econbiz.de/10003920585
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The dismal state of macroeconomics and the opportunity for a new beginning
Wray, L. Randall - 2011
) coming. Obviously, the answer is complex, but it must include reference to the evolution of macroeconomic theory over the … leave out the parallel developments in finance theory - with its efficient markets hypothesis - and in approaches to … 12 and 17 of the General Theory. It essentially reduced Keynes to sticky wages and prices, with nonneutral money only in …
Persistent link: https://www.econbiz.de/10008906589