IDEAS home Printed from https://ideas.repec.org/a/bej/issued/v3y2000i1correa.html
   My bibliography  Save this article

Monetary Policy in a NK Regime

Author

Listed:
  • Romar Correa

    (University of Mumbai)

Abstract

We provide an explicit derivation of the conjecture that due to the asymmetric information that characterizes the relationship between bank and borrower monetary policy will be less than fully expansionary.

Suggested Citation

  • Romar Correa, 2000. "Monetary Policy in a NK Regime," Brazilian Electronic Journal of Economics, Department of Economics, Universidade Federal de Pernambuco, vol. 3(1), June.
    • Handle: RePEc:bej:issued:v:3:y:2000:i:1:correa
    as

    Download full text from publisher

    File URL: http://www.beje.decon.ufpe.br/v3n1/correa/correa.htm
    File Function: Full text
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    asymmetric information; monetary policy;

    JEL classification:

    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bej:issued:v:3:y:2000:i:1:correa. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jose Ricardo Nogueira (email available below). General contact details of provider: https://edirc.repec.org/data/dufpebr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.