Article ID Journal Published Year Pages File Type
5060875 Economics Letters 2011 4 Pages PDF
Abstract
►Household's preferences affect the degree of optimal monetary policy inertia. ►Elasticity of intertemporal substitution in consumption positively affects inertia. ►Household's forward-lookingness positively affects inertia.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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Household's preferences and monetary policy inertia
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