International Finance Discussion Papers: Price-Level Determinacy, Lower Bounds on the Nominal Interest Rate, and Liquidity Traps

by Ragna Alstadheim

We consider monetary-policy rules with inflation-rate targets and interest-rate or money-growth instruments using a flexible-price, perfect-foresight model. There is always a locally-unique target... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 1288728689
• ISBN13: 9781288728688
• Release Date: February 2013
• Publisher: Bibliogov
• Length: 34 Pages
• Weight: 0.18 lbs.
• Dimensions: 0.1" x 7.4" x 9.7"