Uncertainty Shocks in a Model of Effective Demand

DOI10.3982/ECTA13960zbMath1420.91316OpenAlexW3125040857MaRDI QIDQ4614964

Susanto Basu, Brent Bundick

Publication date: 1 February 2019

Published in: Econometrica (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.3982/ecta13960

zbMATH Keywords

monetary policyuncertainty shockssticky-price modelszero lower bound on nominal interest rates

Mathematics Subject Classification ID

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

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