Optimal monetary policy rules with labor market frictions

DOI10.1016/j.jedc.2007.06.011zbMath1181.91191MaRDI QIDQ844668

Ester Faia

Publication date: 19 January 2010

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

Full work available at URL: http://www.ecb.europa.eu/pub/pdf/scpwps/ecbwp698.pdf

zbMATH Keywords

matching frictions; optimal monetary policy rules; wage rigidity

Mathematics Subject Classification ID

91B64: Macroeconomic theory (monetary models, models of taxation)

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Cites Work

• Optimal interest rate rules, asset prices, and credit frictions
• Optimal fiscal and monetary policy under sticky prices.
• On the Efficiency of Matching and Related Models of Search and Unemployment
• RAMSEY MONETARY POLICY WITH CAPITAL ACCUMULATION AND NOMINAL RIGIDITIES
• WELFARE-MAXIMIZING OPERATIONAL MONETARY AND TAX POLICY RULES
• Monopolistic Price Adjustment and Aggregate Output
• Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory*