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Un modelo matemático de la política monetaria y la tasa de interés nominal nula en una economía nuevo keynesiana de expectativas estáticas

Author

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  • Lizarazu Alanez, Eddy

    (UAM-I)

Abstract

The analysis of monetary policy through the Taylor rule supports the mishap of the liquidity trap and deflation of prices. The escape of the liquidity trap by reviewing the inflation targets is unlikely. The prerogative is alternating the monetary aggregate and escape the trap of liquidity through monetary easing. These ideas are nuanced in an algebraic model with the assistance of the methodology of impulse-response functions.

Suggested Citation

  • Lizarazu Alanez, Eddy, 2015. "Un modelo matemático de la política monetaria y la tasa de interés nominal nula en una economía nuevo keynesiana de expectativas estáticas," Revista Nicolaita de Estudios Económicos, Universidad Michoacana de San Nicolás de Hidalgo, Instituto de Investigaciones Económicas y Empresariales, vol. 0(1), pages 9-38.
    • Handle: RePEc:ris:rnicee:0090
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    More about this item

    Keywords

    impulse-response functions; monetary policy; static expectations Taylor rule;
    All these keywords.

    JEL classification:

    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles

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