Optimal monetary policy in a small, open economy: a general-equilibrium analysis
The two central issues in monetary policy are separated by time horizon. The first relates to the short run: what is the appropriate monetary policy across the business cycle? The second relates to the long run: waht is the optimal long-run rate of inflation? This paper explores these classic issues...
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Banco Central de Chile
2019
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oai-20.500.12580-36582021-04-24T10:58:31Z Optimal monetary policy in a small, open economy: a general-equilibrium analysis Carlstrom, Charles T. Fuerst, Timothy S. POLÍTICA MONETARIA INFLACIÓN CICLOS ECONÓMICOS The two central issues in monetary policy are separated by time horizon. The first relates to the short run: what is the appropriate monetary policy across the business cycle? The second relates to the long run: waht is the optimal long-run rate of inflation? This paper explores these classic issues from the ventage point of a small, open economy. 2019-11-01T00:01:37Z 2019-12-09T06:14:44Z 2002 Artículo 956-7421-099 https://hdl.handle.net/20.500.12580/3658 eng Serieson Central Banking, Analysis, and Economic Policies, no. 4 Attribution-NonCommercial-NoDerivs 3.0 Chile http://creativecommons.org/licenses/by-nc-nd/3.0/cl/ .pdf Sección o Parte de un Documento p. 275-298 application/pdf Banco Central de Chile |
institution |
Banco Central |
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Banco Central |
language |
eng |
topic |
POLÍTICA MONETARIA INFLACIÓN CICLOS ECONÓMICOS |
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POLÍTICA MONETARIA INFLACIÓN CICLOS ECONÓMICOS Carlstrom, Charles T. Fuerst, Timothy S. Optimal monetary policy in a small, open economy: a general-equilibrium analysis |
description |
The two central issues in monetary policy are separated by time horizon. The first relates to the short run: what is the appropriate monetary policy across the business cycle? The second relates to the long run: waht is the optimal long-run rate of inflation? This paper explores these classic issues from the ventage point of a small, open economy. |
format |
Artículo |
author |
Carlstrom, Charles T. Fuerst, Timothy S. |
author_facet |
Carlstrom, Charles T. Fuerst, Timothy S. |
author_sort |
Carlstrom, Charles T. |
title |
Optimal monetary policy in a small, open economy: a general-equilibrium analysis |
title_short |
Optimal monetary policy in a small, open economy: a general-equilibrium analysis |
title_full |
Optimal monetary policy in a small, open economy: a general-equilibrium analysis |
title_fullStr |
Optimal monetary policy in a small, open economy: a general-equilibrium analysis |
title_full_unstemmed |
Optimal monetary policy in a small, open economy: a general-equilibrium analysis |
title_sort |
optimal monetary policy in a small, open economy: a general-equilibrium analysis |
publisher |
Banco Central de Chile |
publishDate |
2019 |
url |
https://hdl.handle.net/20.500.12580/3658 |
work_keys_str_mv |
AT carlstromcharlest optimalmonetarypolicyinasmallopeneconomyageneralequilibriumanalysis AT fuersttimothys optimalmonetarypolicyinasmallopeneconomyageneralequilibriumanalysis |
_version_ |
1718346299826241536 |