Showing 1 - 10 of 13
Persistent link: https://www.econbiz.de/10001917100
Persistent link: https://www.econbiz.de/10003796624
Persistent link: https://www.econbiz.de/10003362543
Persistent link: https://www.econbiz.de/10003296332
Persistent link: https://www.econbiz.de/10003328431
This paper derives new results on the effects of employing Taylor rules in economies that are subject to real market imperfections such as production externalities. Taylor rules that aggressively respond to output can eliminate sunspot equilibria that arise from the increasing returns. The paper...
Persistent link: https://www.econbiz.de/10010296484
Persistent link: https://www.econbiz.de/10011502488
Persistent link: https://www.econbiz.de/10011502600
Persistent link: https://www.econbiz.de/10011592679
Persistent link: https://www.econbiz.de/10011758041