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Inventories and optimal monetary policy [electronic resource] / Thomas A. Lubik and Wing Leong Teo.

Inventories and optimal monetary policy [electronic resource] / Thomas A. Lubik and Wing Leong Teo.

https://devfeature-collection.sl.nsw.gov.au/record/74VvKBBv0MrO

Inventories and optimal monetary policy [electronic resource] / Thomas A. Lubik and Wing Leong Teo.

About this item

Full title

Inventories and optimal monetary policy [electronic resource] / Thomas A. Lubik and Wing Leong Teo.

Author / Creator

Publisher

[Adelaide] : University of Adelaide, School of Economics, 2009.

Date

2009.

Record Identifier

74VvKBBv0MrO

MMS ID

991007959999702626

Language

English

Formats

Publication information

Publisher

[Adelaide] : University of Adelaide, School of Economics, 2009.

Place of Publication

South Australia

Date Published

2009.

More information

Scope and Contents

Summary

We introduce inventories into a standard New Keynesian Dynamic Stochastic General Equilibrium (DSGE) model to study the effect on the design of optimal monetary policy. The possibility of inventory investment changes the transmission mechanism in the model by decoupling production from final consumption. This allows for a higher degree of consumpt...

Alternative Titles

Full title

Inventories and optimal monetary policy [electronic resource] / Thomas A. Lubik and Wing Leong Teo.

Authors, Artists and Contributors

Author / Creator

Notes

General note

Research paper / University of Adelaide, School of Economics ; no. 2009-33.

Title from title screen (viewed on Sept. 13, 2011)

"October 2009".

Includes bibliographical references (p. 21-23)

System details note

Mode of access: Internet via World Wide Web. Address as at 13/09/2011: http://www.economics.adelaide.edu.au/research/papers/

System requirements: Adobe Acrobat reader to access the document in PDF.

Contextual Information

Other version (online)

Identifiers

Primary Identifiers

Record Identifier

74VvKBBv0MrO

Permalink

https://devfeature-collection.sl.nsw.gov.au/record/74VvKBBv0MrO

Other Identifiers

DDC

658.15244

MMS ID

991007959999702626

How to access this item