Optimal discretionary monetary policy in a micro-founded model with a zero lower bound on nominal interest rate

Phuong V. Ngo

Year of publication:	2014
Authors:	Ngo, Phuong
Published in:	Journal of economic dynamics & control. - Amsterdam [u.a.] : Elsevier, ISSN 0165-1889, ZDB-ID 717409-3. - Vol. 45.2014, p. 44-65
Subject:	Optimal discretionary monetary policy \| ZLB \| Distorted steady state \| Optimal inflation rate \| Calvo price adjustments \| Nonlinear method \| Theorie \| Theory \| Geldpolitik \| Monetary policy \| Regelbindung versus Diskretion \| Rules versus discretion \| Phillips-Kurve \| Phillips curve \| Zinspolitik \| Interest rate policy \| Preisrigidität \| Price stickiness \| Inflationsrate \| Inflation rate \| Mikrofundierung \| Microfoundations \| Inflationssteuerung \| Inflation targeting

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