We introduce endogenous growth in a standard NK model with staggered prices and wages. We find that the source of nominal rigidities, the shock persistence and the type of Taylor rule affect the relationship between monetary volatility and growth.

Endogenous growth, monetary shocks and nominal rigidities

ROSSI, LORENZA
2011-01-01

Abstract

We introduce endogenous growth in a standard NK model with staggered prices and wages. We find that the source of nominal rigidities, the shock persistence and the type of Taylor rule affect the relationship between monetary volatility and growth.
2011
Economics covers resources in a broad range of specialties, including theoretical, political, and agricultural economics, macroeconomics and econometrics. Also included are business and finance resources.
Sì, ma tipo non specificato
Inglese
Internazionale
STAMPA
113
103
107
Growth; Volatility; Business Cycle; Monetary Policy
http://www.citeulike.org/article/9509527
3
info:eu-repo/semantics/article
262
Annicchiarico, Barbara; Pelloni, Alessandra; Rossi, Lorenza
1 Contributo su Rivista::1.1 Articolo in rivista
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11571/259099
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