Optimal monetary rules under persistent shocks

DOI10.1016/J.JEDC.2010.03.007zbMath1230.91131OpenAlexW2089945541MaRDI QIDQ975895

Joydeep Bhattacharya, Rajesh Singh

Publication date: 11 June 2010

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

Full work available at URL: https://doi.org/10.1016/j.jedc.2010.03.007

zbMATH Keywords

persistenceoverlapping generationsinflation targetingmonetary targetingrandom relocation modelreal shocks

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Economic dynamics (91B55)

Related Items (1)

Optimal monetary policy under incomplete markets and aggregate uncertainty: a long-run perspective

Cites Work

• Optimal choice of monetary policy instruments in an economy with real and liquidity shocks
• Money, banking, and capital formation
• Bank Runs, Deposit Insurance, and Liquidity
• USEFULNESS OF THE CONSTRAINED PLANNING PROBLEM IN A MODEL OF MONEY
• SEASONALITY AND MONETARY POLICY
• DISCOUNT WINDOW POLICY, BANKING CRISES, AND INDETERMINACY OF EQUILIBRIUM

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