Showing 1 - 10 of 203
We analytically examine output persistence from monetary shocks in a DSGE model with staggered prices or wages under a Taylor Rule for monetary policy. The best known such model assumes Calvo-style staggering of prices and flexible wages and is known to yield no persistence under a Taylor Rule....
Persistent link: https://www.econbiz.de/10008527080
Persistent link: https://www.econbiz.de/10008311763
Persistent link: https://www.econbiz.de/10008882464
Persistent link: https://www.econbiz.de/10003899785
Persistent link: https://www.econbiz.de/10009728869
Persistent link: https://www.econbiz.de/10011494046
Persistent link: https://www.econbiz.de/10000725042
Persistent link: https://www.econbiz.de/10000761755