Optimal monetary policy in a Phillips-curve world

DOI10.1016/J.JET.2003.12.010zbMath1068.91056OpenAlexW2163345431MaRDI QIDQ1886293

Vincenzo Quadrini, Thomas F. Cooley

Publication date: 18 November 2004

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jet.2003.12.010

zbMATH Keywords

MatchingTime-consistent policyUnemploymentLiquidity channel

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Matching models (91B68)

Related Items (2)

A Search Model of Unemployment and Inflation* ⋮ SEARCH FRICTIONS ON PRODUCT AND LABOR MARKETS: MONEY IN THE MATCHING FUNCTION

Cites Work

• Liquidity and interest rates
• Search for a monetary propagation mechanism
• On the Efficiency of Matching and Related Models of Search and Unemployment
• Job Creation and Job Destruction in the Theory of Unemployment
• Expectation Traps and Monetary Policy

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