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Should monetary policy lean against the wind? : an analysis based on a DSGE model with banking

Gambacorta, Leonardo; Signoretti, Federico M. - In: Journal of economic dynamics & control 43 (2014), pp. 146-174

Persistent link: https://www.econbiz.de/10010470127

Should monetary policy lean against the wind? : an analysis based on a DSGE model with banking

Gambacorta, Leonardo; Signoretti, Federico M. - 2013

Persistent link: https://www.econbiz.de/10009782510

Should monetary policy lean against the wind?

Gambacorta, Leonardo; Signoretti, Federico M. - In: Journal of Economic Dynamics and Control 43 (2014) C, pp. 146-174

improve upon a standard rule both in terms of macroeconomic stabilization and of agents׳ welfare in a DSGE with both a firms …

Persistent link: https://www.econbiz.de/10011051886

Should monetary policy lean against the wind? An analysis based on a DSGE model with banking

Gambacorta, Leonardo; Signoretti, Federico M. - Banca d'Italia - 2013

improve upon a standard rule in terms of macroeconomic stabilization in a DSGE with both a firms' balance-sheet channel and a …

Persistent link: https://www.econbiz.de/10011099720

Should monetary policy lean against the wind? : an evidence from a DSGE model with occasionally binding constraint

Zacek, Jan - 2018

This research paper studies the performance of the Taylor-type rules augmented with output and asset prices, and compares their performance in a model with an eternally and occasionally binding constraint. The rules are examined under the optimisation of a central bank's loss function and a...

Persistent link: https://www.econbiz.de/10011944799