Open AccessOptimal Stabilization Policy When Wages and Prices are Sticky: The Case of a Distorted Steady State
Author(s) -
Pierpaolo Benigno,
Michael Woodford
Publication year - 2004
Language(s) - English
Resource type - Reports
DOI - 10.3386/w10839
Subject(s) - economics , steady state (chemistry) , stabilization policy , state (computer science) , monetary economics , monetary policy , labour economics , econometrics , mathematics , chemistry , algorithm