𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Optimal monetary policy responses to exogenous technology shocks

✍ Scribed by Andrea Jao


Publisher
Springer US
Year
1999
Tongue
English
Weight
122 KB
Volume
5
Category
Article
ISSN
1083-0898

No coin nor oath required. For personal study only.


πŸ“œ SIMILAR VOLUMES


Explaining hump-shaped inflation respons
✍ James Yetman πŸ“‚ Article πŸ“… 2007 πŸ› John Wiley and Sons 🌐 English βš– 324 KB

## Abstract According to conventional wisdom, the output effects of a monetary policy shock commence within months of the shock, while most inflationary effects lag significantly. We demonstrate a simple model that can explain the conventional wisdom and is consistent with profit maximizing price s

Responses to monetary policy shocks in t
✍ Marek JarociΕ„ski πŸ“‚ Article πŸ“… 2009 πŸ› John Wiley and Sons 🌐 English βš– 360 KB

## Abstract This paper compares impulse responses to monetary policy shocks in the euro area countries before the EMU and in the New Member States (NMS) from central–eastern Europe. We mitigate the small‐sample problem, which is especially acute for the NMS, by using a Bayesian estimation that comb

Response of firm agent network to exogen
✍ Yuichi Ikeda; Hideaki Aoyama; Hiroshi Iyetomi; Yoshi Fujiwara; Wataru Souma; Tai πŸ“‚ Article πŸ“… 2007 πŸ› Elsevier Science 🌐 English βš– 384 KB
Robust optimal monetary policy in a forw
✍ Marc P. Giannoni πŸ“‚ Article πŸ“… 2007 πŸ› John Wiley and Sons 🌐 English βš– 315 KB

## Abstract This paper characterizes a robust optimal policy rule in a simple forward‐looking model, when the policymaker faces uncertainty about model parameters and shock processes. We show that the robust optimal policy rule is likely to involve a stronger response of the interest rate to fluctu

Optimal inventory and disposal policies
✍ Cheng-Kang Chen; K. Jo Min πŸ“‚ Article πŸ“… 1995 πŸ› Elsevier Science 🌐 English βš– 981 KB

We construct and analyze an EOQ-type model for a buyer who is just informed of a temporary sale. The buyer is assumed to have an option to place special orders and an option to dispose some of his on-hand inventory. The key feature differentiating our model from the extant literature on inventory mo