In the framework of a Keynesian monetary macro model we study implications of kinked Phillips curves and alternative monetary policy rules. As alternative monetary policy rules we consider monetary growth targeting and interest rate targeting (the Taylor rule). Our monetary macro model exhibits: ass
β¦ LIBER β¦
Nonlinear complex dynamics and Keynesian rigidity: A short introduction
β Scribed by Edgardo Jovero
- Publisher
- Elsevier Science
- Year
- 2005
- Tongue
- English
- Weight
- 204 KB
- Volume
- 355
- Category
- Article
- ISSN
- 0378-4371
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