Optimal inflation stabilization in a medium-scale macroeconomic model

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dc.contributor.authorSchmitt-Grohé, Stephanie
dc.contributor.authorUribe, Martín
dc.date.accessioned2019-11-01T00:03:43Z
dc.date.available2019-11-01T00:03:43Z
dc.date.issued2007
dc.descriptionWhat is the optimal monetary policy, and how can the central bank implement it? Both questions have been extensively studied, but always in the context of simple theoretical structures, which by design are limited in their ability to account for actual observed business cycle fluctuations. This article seeks to characterize optimal monetary policy and its implementation using a medium-scale, empirically plausible model of the U.S. business cycle.
dc.file.nameBCCh-sbc-v11-p125_186
dc.format.pdf
dc.format.extentSección o Parte de un Documento
dc.format.mediump. 125-186
dc.identifier.isbn978-956-7421-28-2
dc.identifier.urihttps://hdl.handle.net/20.500.12580/3721
dc.language.isoeng
dc.publisherBanco Central de Chile
dc.relation.ispartofSeries on Central Banking, Analysis, and Economic Policies, no. 11
dc.rightsAttribution-NonCommercial-NoDerivs 3.0 Chile*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/cl/*
dc.subjectINFLACIÓNes_ES
dc.subjectMACROECONOMÍAes_ES
dc.subjectPOLÍTICA MONETARIAes_ES
dc.subjectCICLOS ECONÓMICOSes_ES
dc.titleOptimal inflation stabilization in a medium-scale macroeconomic model
dc.type.docArtículo

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