Optimal choice of monetary policy instruments in an economy with real and liquidity shocks

DOI10.1016/j.jedc.2007.05.007zbMath1181.91185OpenAlexW2123878930MaRDI QIDQ844644

Rajesh Singh, Joydeep Bhattacharya

Publication date: 19 January 2010

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

Full work available at URL: https://lib.dr.iastate.edu/cgi/viewcontent.cgi?article=1160&context=econ_las_workingpapers

zbMATH Keywords

overlapping generationsinflation targetinginterest rate targetingmonetary targetingrandom relocation model

Mathematics Subject Classification ID

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

Related Items

Destabilizing optimal policies in the business cycle ⋮ Imperfect interbank markets and the lender of last resort ⋮ Optimal monetary rules under persistent shocks

Cites Work

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