Open AccessImplications of Habit Formation for Optimal Monetary Policy
Author(s) -
Jeffery D. Amato,
Thomas Laubach
Publication year - 2001
Publication title -
finance and economics discussion series
Language(s) - English
Resource type - Journals
eISSN - 2767-3898
pISSN - 1936-2854
DOI - 10.17016/feds.2001.58
Subject(s) - economics , habit , inflation (cosmology) , monetary policy , output gap , consumption (sociology) , welfare , maximization , friedman rule , monetary economics , interest rate , overlapping generations model , general equilibrium theory , taylor rule , variance (accounting) , microeconomics , econometrics , central bank , market economy , psychology , social science , physics , accounting , sociology , theoretical physics , psychotherapist