Optimal Monetary Policy in a Small Open Economy Under Segmented Asset Markets and Sticky Prices /

This paper studies optimal monetary policy in a two-sector small open economy model under segmented asset markets and sticky prices. We solve the Ramsey problem under full commitment, and characterize the optimal monetary policy in a calibrated version of the model. The findings of the paper are thr...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Medina Guzman, Juan Pablo
مؤلفون آخرون: Lama, Ruy
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2007.
سلاسل:IMF Working Papers; Working Paper ; No. 2007/217
الوصول للمادة أونلاين:Full text available on IMF