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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Format: | Revue |
Langue: | English |
Publié: |
Washington, D.C. :
International Monetary Fund,
2012.
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Collection: | IMF Working Papers; Working Paper ;
No. 2012/015 |
Accès en ligne: | Full text available on IMF |