Monetary policy inertia and the paradox of flexibility
Year of publication: |
2023
|
---|---|
Authors: | Bonciani, Dario ; Oh, Joonseok |
Published in: |
Journal of economic dynamics & control. - Amsterdam [u.a.] : Elsevier, ISSN 0165-1889, ZDB-ID 717409-3. - Vol. 151.2023, p. 1-15
|
Subject: | Interest rate smoothing | Liquidity trap | Zero lower bound | Paradox of flexibility | Geldpolitik | Monetary policy | Theorie | Theory | Liquiditätspräferenz | Liquidity preference | Niedrigzinspolitik | Low-interest-rate policy | Zinspolitik | Interest rate policy | Zins | Interest rate | Neoklassische Synthese | Neoclassical synthesis | Regelbindung versus Diskretion | Rules versus discretion |
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