English, Article, Journal or magazine article edition: Monetary Stabilisation Policy and Long-run Growth Galindev Ragchaasuren

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Bookmark: http://trove.nla.gov.au/version/34674
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Monetary Stabilisation Policy and Long-run Growth
Author
  • Galindev Ragchaasuren
Physical Description
  • preprint
Notes
  • This paper presents a stochastic monetary growth model with nominal rigidities and active monetary policy in which technological change contains both deliberate (internal) and serendipitous (external) learning mechanisms. The model is used to describe how the implications of monetary stabilization policy for the long-run economic performance could change due to the ambiguity on the relationship between secular growth and cyclical volatility
  • growth, cyclies, money, stabilisation policy
  • RePEc:mmf:mmfc06:48
Language
  • English
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