Showing 1 - 7 of 7
Persistent link: https://www.econbiz.de/10003907143
Persistent link: https://www.econbiz.de/10003429958
Persistent link: https://www.econbiz.de/10003552736
Persistent link: https://www.econbiz.de/10009388978
Persistent link: https://www.econbiz.de/10001989338
Persistent link: https://www.econbiz.de/10003878604
We study nominal GDP targeting as optimal monetary policy in a simple and stylized model with a credit market friction. The macroeconomy we study has considerable income inequality, which gives rise to a large private sector credit market. There is an important credit market friction because...
Persistent link: https://www.econbiz.de/10011998041