Monetary policy and multiple equilibria in a cash-in-advance economy

DOI10.1016/S0165-1765(01)00552-3zbMath1007.91040OpenAlexW2092215166MaRDI QIDQ5958255

Qinglai Meng

Publication date: 3 March 2002

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

Full work available at URL: https://doi.org/10.1016/s0165-1765(01)00552-3

zbMATH Keywords

indeterminacyinterest rate rules

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) General equilibrium theory (91B50)

Related Items (3)

Nominal income targeting versus money growth targeting in an endogenously growing economy ⋮ TECHNOLOGY, PREFERENCE STRUCTURE, AND THE GROWTH EFFECT OF MONEY SUPPLY ⋮ Macroeconomic (in)stability under real interest rate targeting

Cites Work

• Monetary policy and price level determinacy in a cash-in-advance economy
• A simple model for study of the determination of the price level and the interaction of monetary and fiscal policy
• Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory*

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