The BMW Model: A New Framework for Teaching Monetary Economics
Author:
Publisher
Informa UK Limited
Subject
Economics and Econometrics,Education
Link
http://www.tandfonline.com/doi/pdf/10.3200/JECE.37.1.98-117
Reference14 articles.
1. Barro, R. J., and D. B. Gordon. 1983. A positive theory on monetary policy in a natural rate model. Journal of Political Economy 91 (August): 589-610.
2. Blinder, A. S. 1998. Central banking in theory and practice. Cambridge, MA: MIT Press.
3. Bofinger, P., E. Mayer, and T. Wollmershäuser. 2002. The BMW model: Simple macroeconomics for closed and open economies—a requiem for the IS/LM-AS/AD and the Mundell-Fleming model. Würzburg Economic Papers no. 35.
4. Calvo, G. A. 1983. Staggered prices in a utility-maximizing framework. Journal of Monetary Economics 12 (3): 383-98.
5. Clarida, R., J. Galf, and M. Gertler. 1999. The science of monetary policy: A new Keynesian perspective. Journal of Economic Literature 37 (December): 1661-707.
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