Optimal Monetary Policy  

Oleh:

Lestano

Jenis: Article from Journal - ilmiah nasional - tidak terakreditasi DIKTI - atma jaya
Dalam koleksi: Jurnal Ekonomi dan Bisnis vol. 5 no. 1 (Feb. 2005), page 79-89.
Topik: Price Setting; Aggregate Demand; Sticky Price; Monetary Policy; Supply
Fulltext: Lestano.pdf (351.13KB)

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Perpustakaan Pusat (Semanggi) Nomor Panggil: JJ100.5 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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This paper demonstrates the baseline macroeconomic framework of a dynamic new Keynesian model, i.e., a dynamic general equilibrium model with sticky prices, imperfect competition and optimizing agents. The nature of optimal monetary policy is explored based on two cases, the discretionary monetary policy and optimal monetary policy under commitment.

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