Browsing Vol. 01, Issue 02 by Subject "Asymmetric effects of monetary policy"
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The Asymmetric Effects of Monetary Policy in General Equilibrium
(Pontificia Universidad Católica del Perú. CENTRUMPE, 2008)The study involved extending a dynamic general equilibrium neoKeynesian model by considering preferences that exhibit intertemporal nonhomotheticity. Introducing this feature generates a state-dependent intertemporal ...