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...
| Glavni autor: | |
|---|---|
| Daljnji autori: | |
| Format: | Žurnal |
| Jezik: | English |
| Izdano: |
Washington, D.C. :
International Monetary Fund,
2007.
|
| Serija: | IMF Working Papers; Working Paper ;
No. 2007/217 |
| Online pristup: | Full text available on IMF |