
Optimal Monetary Policy with Durable and Non-Durable Goods
Author(s) -
Andrew T. Levin,
Christopher J. Erceg
Publication year - 2002
Publication title -
international finance discussion papers
Language(s) - English
Resource type - Journals
eISSN - 2767-4509
pISSN - 1073-2500
DOI - 10.17016/ifdp.2002.0748r
Subject(s) - economics , monetary policy , volatility (finance) , inflation (cosmology) , wage , monetary economics , welfare , durable good , inflation targeting , social welfare function , aggregate (composite) , price setting , shock (circulatory) , general equilibrium theory , macroeconomics , econometrics , microeconomics , labour economics , materials science , composite material , market economy , medicine , physics , theoretical physics