Open AccessOptimal Monetary Policy at the Zero Lower Bound on Nominal Interest Rates in a Cost Channel Economy
Author(s) -
Lasitha R. C. Pathberiya
Publication year - 2020
Publication title -
staff studies
Language(s) - English
Resource type - Journals
ISSN - 1391-3743
DOI - 10.4038/ss.v50i1.4720
Subject(s) - economics , zero lower bound , monetary policy , new keynesian economics , interest rate , nominal interest rate , monetary economics , credit channel , inflation targeting , forward guidance , inflation (cosmology) , welfare , macroeconomics , recession , real interest rate , market economy , physics , theoretical physics