Monetary policy and energy price shocks
A New Keynesian framework with endogenous energy production is proposed to investigate the role of monetary policy in addressing disturbances in energy markets. The novelty of the model lies in the endogenous production of energy with convex costs, explicit modeling of goods with different degrees o...
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2017
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| Online Access: | https://ink.library.smu.edu.sg/soe_research/2106 https://ink.library.smu.edu.sg/context/soe_research/article/3106/viewcontent/Monetary_Policy_and_Energy_Price_Shocks_pp.pdf |
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| Institution: | Singapore Management University |
| Language: | English |