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• W2181542392 abstract "An assumption that a central bank can influence the real interest rates is the object of our interest. In the paper we form and solve a model which corresponds to Romer's (2000) assumptions. Our model is IS-LM augmented by a conception of price-adjusting after monetary intervention and inflation expectations. A monetary policy rule is derived from the model. Moreover, it offers a demonstration of economic behaviour by different economic assumptions of different economic schools, similar to one in the book of Heijdra (2002)." @default.
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• W2181542392 date "2011-02-01" @default.
• W2181542392 modified "2023-09-27" @default.
• W2181542392 title "Effect of Monetary Intervention in the Frame of IS-LM Model with Dynamic Price Adjustment and Adaptive Expectations" @default.
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• W2181542392 doi "https://doi.org/10.18267/j.polek.771" @default.
• W2181542392 hasPublicationYear "2011" @default.
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