Optimal Monetary Policy under Commitment with a Zero Bound on Nominal Interest Rates
Year of publication: |
2004-01-13
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Authors: | Adam, Klaus ; Billi, Roberto M. |
Institutions: | Center for Financial Studies |
Subject: | nonlinear optimal policy | zero interest rate bound | commitment | liquidity trap | New Keynesian |
Extent: | application/pdf |
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Series: | |
Type of publication: | Book / Working Paper |
Language: | English |
Notes: | Number 2004/13 49 pages |
Classification: | C63 - Computational Techniques ; E31 - Price Level; Inflation; Deflation ; E52 - Monetary Policy (Targets, Instruments, and Effects) |
Source: |
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Optimal monetary policy under commitment with a zero bound on nominal interest rates
Adam, Klaus, (2004)
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Optimal monetary policy under commitment with a zero bound on nominal interest rates
Adam, Klaus, (2004)
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