Should the monetary policy rule be different in a financial crisis?

DOI10.1016/J.JEDC.2014.09.016zbMath1402.91495OpenAlexW2013407701MaRDI QIDQ1991971

Monika Piazzesi

Publication date: 2 November 2018

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

Full work available at URL: https://doi.org/10.1016/j.jedc.2014.09.016

zbMATH Keywords

financial crisesdiscretionmonetary policy ruleinterest rate spreads

Mathematics Subject Classification ID

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

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