Macroeconomic (in)stability under real interest rate targeting

DOI10.1016/J.JEDC.2009.03.001zbMATH Open1195.91113OpenAlexW2134236758MaRDI QIDQ733490FDOQ733490

Authors: Chi-Ting Chin, Jang-Ting Guo, Ching-Chong Lai 

Publication date: 16 October 2009

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

Full work available at URL: https://doi.org/10.1016/j.jedc.2009.03.001

Recommendations

• Monetary policy and price level determinacy in a cash-in-advance economy
• Investment, interest rate rules, and equilibrium determinacy
• Monetary rules in a two-sector endogenous growth model
• Investment and interest rate policy: a discrete time analysis
• Capital and macroeconomic instability in a discrete-time model with forward-looking interest rate rules

zbMATH Keywords

indeterminacyendogenous growthcash-in-advance constraintreal interest rate targeting

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Special types of economic equilibria (91B52) Economic growth models (91B62)

Cites Work

• Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory*
• Capacity utilization under increasing returns to scale
• Indeterminacy and increasing returns
• Optimal Interest-Rate Smoothing
• Investment and interest rate policy
• Indeterminacy in a model with sector-specific externalities
• Animal spirits, technology shocks and the business cycle
• Nominal income targeting versus money growth targeting in an endogenously growing economy
• Monetary policy and multiple equilibria in a cash-in-advance economy

This page was built for publication: Macroeconomic (in)stability under real interest rate targeting

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q733490)