نتایج جستجو برای: forward
تعداد نتایج: 118693 فیلتر نتایج به سال:
Journal:
:The Electronic Journal of Information Systems in Developing Countries
2002
Journal:
:Journal of Economic Dynamics and Control
2023
How can the central bank credibly implement a “lower-for-longer” strategy? To answer this question, we analyze series of optimal sustainable policy problems—indexed by duration reputational loss—in sticky-price model with an effective lower bound (ELB) constraint on nominal interest rates. We find that, even when lacks commitment, still keep rate at ELB for extended period—though not as under c...
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