Monetary Policy and Endogenous Financial Crises
收藏NBER2021-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w29602
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资源简介：
We study whether a central bank should deviate from its objective of price stability to promote financial stability. We tackle this question within a textbook New Keynesian model augmented with capital accumulation and microfounded endogenous financial crises. We compare several interest rate rules,
提供机构：
美国国家经济研究局
创建时间：
2021-12-01
