Browsing by Subject "Optimal monetary policy"
Now showing items 1-3 of 3
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Loan production and monetary policy
Casares Polo, Miguel
; Deidda, Luca; Galdón Sánchez, José Enrique (Cambridge University Press, 2019)
Artículo / Artikulua 
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
(2019) Trabajo Fin de Grado/Gradu Amaierako Lana
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 (2007)
Documento de trabajo / Lan gaiak
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, ...
