Matches in SemOpenAlex for { <https://semopenalex.org/work/W3140597130> ?p ?o ?g. }
Showing items 1 to 75 of
75
with 100 items per page.
- W3140597130 abstract "We construct an endogenous growth model with new Keynesian-type sticky prices and wages. In this model, monetary policy affects long-run output growth. We characterize the optimal operational monetary policy rule in this economy. We find that even though stabilization of output growth increases long-run output growth, the optimal monetary policy rule is the rule that makes interest rate respond to price and wage actively and output growth mutely, similar as in exogenous growth models. We also find that the optimal monetary policy rule virtually maximizes mean growth. These results suggest that although long-run growth is important for welfare, new Keynesian's claim that monetary policy should stabilize nominal variables is highly robust." @default.
- W3140597130 created "2021-04-13" @default.
- W3140597130 creator A5053694018 @default.
- W3140597130 date "2008-01-01" @default.
- W3140597130 modified "2023-09-25" @default.
- W3140597130 title "Optimal operational monetary policy rules in an endogenous growth model: a calibrated analysis" @default.
- W3140597130 hasPublicationYear "2008" @default.
- W3140597130 type Work @default.
- W3140597130 sameAs 3140597130 @default.
- W3140597130 citedByCount "0" @default.
- W3140597130 crossrefType "posted-content" @default.
- W3140597130 hasAuthorship W3140597130A5053694018 @default.
- W3140597130 hasConcept C100243477 @default.
- W3140597130 hasConcept C10688316 @default.
- W3140597130 hasConcept C126285488 @default.
- W3140597130 hasConcept C139719470 @default.
- W3140597130 hasConcept C145236788 @default.
- W3140597130 hasConcept C149782125 @default.
- W3140597130 hasConcept C162324750 @default.
- W3140597130 hasConcept C165556158 @default.
- W3140597130 hasConcept C190430219 @default.
- W3140597130 hasConcept C2776943663 @default.
- W3140597130 hasConcept C2777388388 @default.
- W3140597130 hasConcept C2778222704 @default.
- W3140597130 hasConcept C2779513878 @default.
- W3140597130 hasConcept C2983335520 @default.
- W3140597130 hasConcept C2992735868 @default.
- W3140597130 hasConcept C34447519 @default.
- W3140597130 hasConcept C50522688 @default.
- W3140597130 hasConcept C556758197 @default.
- W3140597130 hasConceptScore W3140597130C100243477 @default.
- W3140597130 hasConceptScore W3140597130C10688316 @default.
- W3140597130 hasConceptScore W3140597130C126285488 @default.
- W3140597130 hasConceptScore W3140597130C139719470 @default.
- W3140597130 hasConceptScore W3140597130C145236788 @default.
- W3140597130 hasConceptScore W3140597130C149782125 @default.
- W3140597130 hasConceptScore W3140597130C162324750 @default.
- W3140597130 hasConceptScore W3140597130C165556158 @default.
- W3140597130 hasConceptScore W3140597130C190430219 @default.
- W3140597130 hasConceptScore W3140597130C2776943663 @default.
- W3140597130 hasConceptScore W3140597130C2777388388 @default.
- W3140597130 hasConceptScore W3140597130C2778222704 @default.
- W3140597130 hasConceptScore W3140597130C2779513878 @default.
- W3140597130 hasConceptScore W3140597130C2983335520 @default.
- W3140597130 hasConceptScore W3140597130C2992735868 @default.
- W3140597130 hasConceptScore W3140597130C34447519 @default.
- W3140597130 hasConceptScore W3140597130C50522688 @default.
- W3140597130 hasConceptScore W3140597130C556758197 @default.
- W3140597130 hasLocation W31405971301 @default.
- W3140597130 hasOpenAccess W3140597130 @default.
- W3140597130 hasPrimaryLocation W31405971301 @default.
- W3140597130 hasRelatedWork W1543697533 @default.
- W3140597130 hasRelatedWork W1551134308 @default.
- W3140597130 hasRelatedWork W1560020349 @default.
- W3140597130 hasRelatedWork W1971511940 @default.
- W3140597130 hasRelatedWork W2020423407 @default.
- W3140597130 hasRelatedWork W2061337379 @default.
- W3140597130 hasRelatedWork W2074697913 @default.
- W3140597130 hasRelatedWork W2106430379 @default.
- W3140597130 hasRelatedWork W2108954098 @default.
- W3140597130 hasRelatedWork W2116964160 @default.
- W3140597130 hasRelatedWork W2117842323 @default.
- W3140597130 hasRelatedWork W2121094521 @default.
- W3140597130 hasRelatedWork W2265085654 @default.
- W3140597130 hasRelatedWork W2891057108 @default.
- W3140597130 hasRelatedWork W2918866453 @default.
- W3140597130 hasRelatedWork W3041835077 @default.
- W3140597130 hasRelatedWork W3121255723 @default.
- W3140597130 hasRelatedWork W3122759278 @default.
- W3140597130 hasRelatedWork W3131768941 @default.
- W3140597130 hasRelatedWork W2188468368 @default.
- W3140597130 isParatext "false" @default.
- W3140597130 isRetracted "false" @default.
- W3140597130 magId "3140597130" @default.
- W3140597130 workType "article" @default.