Optimal Interest Rate Policy in a Small Open Economy
收藏NBER2002-01-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w8721
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资源简介:
Using an optimizing model we derive the optimal monetary and exchange rate policy for a small stochastic open economy with imperfect competition and short run price rigidity. The optimal monetary policy has an exact closed-form solution and is obtained using the utility function of the
提供机构:
美国国家经济研究局
创建时间:
2002-01-01



