Extending the textbook dynamic AD-AS framework with flexible inflation expectations, optimal policy response to demand changes, and the zero-bound on the nominal insterest rate
Year of publication: |
2013
|
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Authors: | Alpanda, Sami ; Honig, Adam ; Woglom, Geoffrey Richard H. |
Published in: |
Modern economy. - Irvine, Calif. : Scientific Research Publishing, ISSN 2152-7245, ZDB-ID 2598760-4. - Vol. 4.2013, 3, p. 145-160
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Subject: | Dynamic AD-AS | Inflation Expectations | Optimal Monetary Policy | Liquidity Trap | Inflationserwartung | Inflation expectations | Geldpolitik | Monetary policy | Theorie | Theory | Liquiditätspräferenz | Liquidity preference | Zins | Interest rate |
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