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Interest-Rate Rules in a New Keynesian Framework with Investment

Om Interest-Rate Rules in a New Keynesian Framework with Investment

The last decades have witnessed major progress in both monetary policy theory and practice, with academic consensus on the desirability of monetary policy rules and ongoing research on their exact specification. This title concludes that rules with inflation and an output gap target ensure a rational-expectations equilibrium.

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  • Språk:
  • Engelska
  • ISBN:
  • 9783631611289
  • Format:
  • Inbunden
  • Sidor:
  • 162
  • Utgiven:
  • 25. mars 2011
  • Utgåva:
  • Mått:
  • 221x157x15 mm.
  • Vikt:
  • 318 g.
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Leveranstid: 2-4 veckor
Förväntad leverans: 4. april 2025

Beskrivning av Interest-Rate Rules in a New Keynesian Framework with Investment

The last decades have witnessed major progress in both monetary policy theory and practice, with academic consensus on the desirability of monetary policy rules and ongoing research on their exact specification. This title concludes that rules with inflation and an output gap target ensure a rational-expectations equilibrium.

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