Optimal Interest-Rate Rules: II. Applications
收藏NBER2003-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w9420
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资源简介：
In this paper we calculate robustly optimal monetary policy rules for several variants of a simple optimizing model of the monetary transmission mechanism with sticky prices and/or wages. We discuss representations of optimal policy both in terms of interest-rate feedback rules that generalize the
提供机构：
美国国家经济研究局
创建时间：
2003-01-01
