Monetary policy and dutch disease: the case of price and wage rigidity

From a theoretical point of view and as we will show the presence of both price and wage rigidities implies that to the extent that fiscal policy is unresponsive to shocks full price stability is not optimal. In this paper we study optimal monetary and exchange rate policy in a small open economy wi...

Descripción completa

Guardado en:
Detalles Bibliográficos
Autores principales: Hevia, Constantino, Nicolini, Juan Pablo
Formato: Artículo
Lenguaje:eng
Publicado: Banco Central de Chile 2019
Materias:
Acceso en línea:https://hdl.handle.net/20.500.12580/3835
Etiquetas: Agregar Etiqueta
Sin Etiquetas, Sea el primero en etiquetar este registro!
Search Result 1