Optimal monetary policy

This study examines the optimal monetary policy delegation in a small-open new Keynesian model with model uncertainty. We show that …

This paper examines optimal monetary policy in a two-country model with staggered nominal prices and wages. We show that given home …

This study develops a two-country new Keynesian (NK) model that incorporates deep habits in consumption and investigates the …

This paper explores the delegation of several targeting regimes in a small open new Keynesian (NK) model and examines how central banks …