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...

詳細記述

書誌詳細
第一著者: Medina Guzman, Juan Pablo
その他の著者: Lama, Ruy
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2007.
シリーズ:IMF Working Papers; Working Paper ; No. 2007/217
オンライン・アクセス:Full text available on IMF