Time consistent monetary policy with endogenous price rigidity (Q936637)
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scientific article; zbMATH DE number 5313927
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Time consistent monetary policy with endogenous price rigidity |
scientific article; zbMATH DE number 5313927 |
Statements
Time consistent monetary policy with endogenous price rigidity (English)
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19 August 2008
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time consistency
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discretion
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Markov equilibrium
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sticky prices
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state dependent pricing
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multiple equilibria
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expectation traps
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