Essays on heterogeneity of price stickiness, persistence of real economy and optimal monetary policy
Nominal rigidity and the real effects of the monetary policy have been central to the macroeconomics research. This thesis incorporates the recently emerged micro evidence of heterogeneous price stickiness into the Dynamic Stochastic General Equilibrium (DSGE) models to address the issues of persist...
| Main Author: | |
|---|---|
| Published: |
Cardiff University
2011
|
| Subjects: | |
| Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.549720 |