Optimal monetary policy in a New Keynesian model with animal spirits and financial markets

DOI10.1016/j.jedc.2016.01.003zbMath1401.91405OpenAlexW575494860MaRDI QIDQ1656771

Hans-Werner Wohltmann, Matthias Lengnick

Publication date: 10 August 2018

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: http://hdl.handle.net/10419/104967

zbMATH Keywords

microfoundationunconventional monetary policyoptimal monetary policyagent-based financial marketsNew Keynesian macroeconomics

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

Related Items (2)

Volatility effects of news shocks in New Keynesian models with optimal monetary policy ⋮ Real and financial interacting markets: a behavioral macro-model

Cites Work

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• Four Alternative Policies to Restore Balance of Payments Equilibrium

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