Optimal monetary policy in developing countries: the role of informality

DOI10.1016/j.jedc.2023.104724zbMath1526.91012OpenAlexW4385652598MaRDI QIDQ6087250

Monica A. Gomez Ospina

Publication date: 15 November 2023

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jedc.2023.104724

zbMATH Keywords

monetary policyinflation targetingnominal rigiditiesinformality

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Labor markets (91B39)

Cites Work

• Linear-quadratic approximation of optimal policy problems
• On the Efficiency of Matching and Related Models of Search and Unemployment

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