[PDF][PDF] Low Inflation and Price Puzzles of QE in the Four-Equation New Keynesian Model with Cost Channel
R von Campe - Available at SSRN 4967602, 2024 - papers.ssrn.com
I contribute to the extensive literature on the cost channel of monetary policy within the New
Keynesian model. In contrast to earlier literature, I motivate a cost channel that additionally …
Keynesian model. In contrast to earlier literature, I motivate a cost channel that additionally …