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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Autores principales: Carlstrom, Charles T., Fuerst, Timothy S.
Formato: Artículo
Lenguaje:eng
Publicado: Banco Central de Chile 2019
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Acceso en línea:https://hdl.handle.net/20.500.12580/3658
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spelling 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
collection Banco Central
language eng
topic POLÍTICA MONETARIA
INFLACIÓN
CICLOS ECONÓMICOS
spellingShingle 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
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