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Optimal monetary policy with endogenous entry and product variety

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Date

2014

Authors

Bilbiie, Florin O
Fujiwara, Ippei
Ghironi, Fabio

Journal Title

Journal ISSN

Volume Title

Publisher

Elsevier

Abstract

Deviations from long-run price stability are optimal in the presence of endogenous entry and product variety in a sticky-price model in which price stability would be optimal otherwise Long-run inflation (deflation) is optimal when the benefit of variety

Description

Keywords

Citation

URI

http://hdl.handle.net/1885/70172

Collections

Open Access Research

Source

Journal of Monetary Economics

Type

Journal article

Book Title

Entity type

Access Statement

License Rights

DOI

10.1016/j.jmoneco.2014.02.006

Restricted until

2037-12-31

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Description
01_Bilbiie_Optimal_monetary_policy_with_2014.pdf (630.12 KB)

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