Implications of Food Subsistence for Monetary Policy and Inflation /

We introduce subsistence requirements in food consumption into a simple new-Keynesian model with flexible food and sticky non-food prices. We study how the endogenous structural transformation that results from subsistence affects the dynamics of the economy, the design of monetary policy, and the p...

詳細記述

書誌詳細
第一著者: Portillo, Rafael
その他の著者: O'Connell, Stephen, Peck, Richard, Zanna, Luis-Felipe
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2016.
シリーズ:IMF Working Papers; Working Paper ; No. 2016/070
オンライン・アクセス:Full text available on IMF