Christiano, Lawrence J.; Ilut, Cosmin; Motto, Roberto - 2008
, a monetized version of the model which stresses sticky wages and a Taylorrule based monetary policy naturally generates … growth into monetary policy may result in improved performance. We discuss the robustness of our analysis to alternative …Working PaPer SerieS
no 955 / oCToBer 2008
MoneTary PoliCy
and SToCk MarkeT
BooM-BuST CyCleS
by Lawrence Christiano …