Optimal choice of monetary policy instruments in an economy with real and liquidity shocks

Author:

Bhattacharya Joydeep,Singh Rajesh

Publisher

Elsevier BV

Subject

Applied Mathematics,Control and Optimization,Economics and Econometrics

Reference14 articles.

1. Discount window policy, banking crises, and indeterminacy of equilibrium;Antinolfi;Macroeconomic Dynamics,2006

2. The role of money in two alternative models: when, and why is the Friedman rule optimal;Bhattacharya;Journal of Monetary Economics,2005

3. Bhattacharya, J., Singh, R., forthcoming. On the usefulness of the constrained planning problem in a model of money. Macroeconomic Dynamics.

4. Currency elasticity and banking panics: theory and evidence;Champ;Canadian Journal of Economics,1996

5. Seasonality and monetary policy;Gomis-Porqueras;Macroeconomic Dynamics,2003

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2. Measures of Monetary Policy in Latin America;Proceedings of the 2nd International Conference on Finance, Economics, Management and IT Business;2020

3. Imperfect interbank markets and the lender of last resort;Journal of Economic Dynamics and Control;2012-11

4. Destabilizing optimal policies in the business cycle;Journal of Economic Dynamics and Control;2012-09

5. Optimal monetary rules under persistent shocks;Journal of Economic Dynamics and Control;2010-07

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