Price Subsidies and the Conduct of Monetary Policy /

This paper investigates optimized monetary policy rules in the presence of government intervention to stabilize prices of certain categories of goods and services. The paper estimates a small-scale, structural equilibrium model with a sticky-price sector and a subsidized price sector for a large num...

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Bibliographic Details
Main Author: Rebei, Nooman
Other Authors: Ben Aissa, Mohamed Safouane
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2012.
Series:IMF Working Papers; Working Paper ; No. 2012/015
Online Access:Full text available on IMF