Persistence, the transmission mechanism and robust monetary policy

被引：16

作者：

Angeloni, I

Coenen, G

Smets, F

机构：

来源：

SCOTTISH JOURNAL OF POLITICAL ECONOMY | 2003年 / 50卷 / 05期

关键词：

D O I：

10.1111/j.0036-9292.2003.05005006.x

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

In this paper we first explore the impact of nominal and real persistence on the transmission process of various shocks in an estimated DSGE model of the euro at-ea. We then analyse its impact on optimal monetary policy; and investigate the performance of various monetary policies when the policy maker is uncertain about the degree of nominal and real persistence.

引用

页码：527 / 549

页数：23

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