OPTIMAL MONETARY AND FISCAL POLICIES UNDER WAGE AND PRICE RIGIDITIES

DOI10.1017/S1365100501010057MaRDI QIDQ4780664zbMATH OpenOpenAlexFDO

Authors Jean-Pascal Bénassy

Publication date 20 November 2002

Published in Macroeconomic Dynamics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1017/s1365100501010057

zbMATH Keywords

activist policiesfiscal policymonetary policynominal rigiditiesoptimal policy

Mathematics Subject Classification ID

Economic growth models (91B62) Macroeconomic theory (monetary models, models of taxation) (91B64)

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• QUADRATIC LABOR ADJUSTMENT COSTS, BUSINESS CYCLE DYNAMICS, AND OPTIMAL MONETARY POLICY
• Monetary Policy Experiments in an Artificial Multi-Market Economy with Reservation Wages
• Optimal monetary policy rules with labor market frictions
• Wage and price rigidity in a monetary union
• Optimal monetary policy in a New Keynesian model with job search

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