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Optimal monetary policy with r* < 0

Roberto Billi, Jordi Galí, and Anton Nakov
Year of publication:
March 2022
Authors: Billi, Roberto M. ; Galí, Jordi ; Nakov, Anton
Publisher: Barcelona : Universitat Pompeu Fabra, Department of Economics and Business
Subject: zero lower bound | New Keynesian model | decline in r* | equilibrium determinacy | regime switching models | secular stagnation | Neoklassische Synthese | Neoclassical synthesis | Geldpolitik | Monetary policy | Theorie | Theory | Niedrigzinspolitik | Low-interest-rate policy | Schock | Shock | Taylor-Regel | Taylor rule | Inflationssteuerung | Inflation targeting
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