Showing 1 - 10 of 21
Introducing habit formation into an open economy macroeconomic model with price stickiness, we examine the characteristics of an optimal monetary policy. We find that, first, the optimal policy rule entails interest rate smoothing and responds to the lagged values of the foreign interest rate...
Persistent link: https://www.econbiz.de/10014399689
Korean Abstract: 본고에서는 통화정책이 정책기조별, 금리수준별, 시기별로 정책여건에따라 자본유출입에 미치는 영향의 정도가 다른지 여부에 대해 점검해 보았다. 자본이동에 대한 행태방정식을 대상으로 분석한 결과...
Persistent link: https://www.econbiz.de/10014109231
Persistent link: https://www.econbiz.de/10002461639
Persistent link: https://www.econbiz.de/10002252609
Persistent link: https://www.econbiz.de/10009490315
Persistent link: https://www.econbiz.de/10003883562
Persistent link: https://www.econbiz.de/10011308010
Persistent link: https://www.econbiz.de/10011311657
Persistent link: https://www.econbiz.de/10011649337
Persistent link: https://www.econbiz.de/10015182916