Credit and Prices in Woodford’s New Neoclassical Synthesis
ABSTRACT: Following recent debates on the New Neoclassical Synthesis, the theory of monetary policy has been renewed. The prevailing method, illustrated by Woodford’s version of Interest and Prices, is a Dynamic Stochastic General Equilibrium Model in which the old LM curve is voluntarily substitute...
- Autores:
-
Tobón Arias, Alexander de Jesús
Barbaroux, Nicolas
- Tipo de recurso:
- Article of investigation
- Fecha de publicación:
- 2015
- Institución:
- Universidad de Antioquia
- Repositorio:
- Repositorio UdeA
- Idioma:
- eng
- OAI Identifier:
- oai:bibliotecadigital.udea.edu.co:10495/14152
- Acceso en línea:
- http://hdl.handle.net/10495/14152
- Palabra clave:
- Crédito
Credit
Política monetaria
Monetary policy
Precios
Prices
Nueva Síntesis Neoclásica
- Rights
- openAccess
- License
- https://creativecommons.org/licenses/by/4.0/