Now showing items 1-3 of 3

    • Loan production and monetary policy 

      Casares Polo, Miguel Upna; Deidda, Luca; Galdón Sánchez, José Enrique Upna (Cambridge University Press, 2019)   Artículo / Artikulua  OpenAccess
      The authors examine optimal monetary policy in a New Keynesian model with unemployment and financial frictions where banks produce loans using equity as collateral. Firms and households demand loans to finance externally ...
    • Monetary policy analysis in a new keynesian model with money 

      Arístegui Lavín, María Teresa de (2019)   Trabajo Fin de Grado/Gradu Amaierako Lana  OpenAccess
      This paper examines the stabilizing performance of two alternative monetary policy rules, being the first one based on the nominal interest rate and the second one on the rate of nominal ...
    • Wage setting actors, sticky wages, and optimal monetary policy 

      Casares Polo, Miguel Upna (2007)   Documento de trabajo / Lan gaiak  OpenAccess
      Following Erceg et al. (2000), sticky wages are generally modelled assuming that households set wage contracts à la Calvo (1983). This paper compares that sticky-wage model with one where wage contracts are set by firms, ...