Nominal income targeting versus money growth targeting in an endogenously growing economy

DOI10.1016/j.econlet.2004.08.005zbMath1254.91489OpenAlexW2116573531MaRDI QIDQ1927763

Shu-Hua Chen, Ming-Fu Shaw, Ching-Chong Lai

Publication date: 2 January 2013

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2004.08.005

zbMATH Keywords

endogenous growthindeterminacymoney growth targetingnominal income targeting

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Economic growth models (91B62)

Related Items (2)

MONETARY RULES AND ENDOGENOUS GROWTH IN AN OPEN ECONOMY ⋮ Macroeconomic (in)stability under real interest rate targeting

Cites Work

• Targeting rules for monetary policy
• Indeterminacy and increasing returns
• The perils of Taylor rules
• Monetary policy and multiple equilibria in a cash-in-advance economy

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