Effective Monetary Policy Strategies in New Keynesian Models: A Re-examination
收藏NBER2014-10-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w20611
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资源简介：
We explore the importance of the nature of nominal price and wage adjustment for the design of effective monetary policy strategies, especially at the zero lower bound. Our analysis suggests that sticky-price and sticky-information models fit standard macroeconomic time series comparably well.
提供机构：
美国国家经济研究局
创建时间：
2014-10-01
