๐”– Bobbio Scriptorium
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TIP, wage-price controls and profit-based incomes policies

โœ Scribed by Kern O. Kymn; Brian J. Cushing


Book ID
112729286
Publisher
Springer US
Year
1986
Tongue
English
Weight
180 KB
Volume
14
Category
Article
ISSN
0197-4254

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Estimation and control of an optimizatio
โœ Jeffery D Amato; Thomas Laubach ๐Ÿ“‚ Article ๐Ÿ“… 2003 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 300 KB

This paper provides estimates of an optimization-based equilibrium model with sticky prices and wages. The estimated model is used to analyse the welfare properties of various interest rate rules for conducting monetary policy. An important feature of this model is that it involves a tradeo between