Taylor Rule implementation of the optimal policy at the zero lower bound: Does the cost channel matter?

Author:

Chattopadhyay Siddhartha,Ghosh Taniya

Funder

Indian Institute of Technology Kharagpur

Ministry of Human Resource Development

Publisher

Elsevier BV

Subject

Economics and Econometrics

Reference43 articles.

1. Optimal monetary policy under commitment with a zero bound on nominal interest rates;Adam;J. Money Credit Bank.,2006

2. Discretionary monetary policy and the zero lower bound on nominal interest rates;Adam;J. Monet. Econ.,2007

3. Inflation and interest rates, in the presence of A cost channel, wealth effect and agent heterogeneity;Ali;Econ. Modell.,2013

4. Supply side effects of monetary policy and the central bank's objective function;Araujo;Econ. Bull.,2009

5. Learning to Live in a Liquidity Trap;Arifovic,2017

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