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Keywords: Sticky prices
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Journal Articles
Journal:
Journal of Economic Studies
Journal of Economic Studies (2020) 48 (1): 167–190.
Published: 26 June 2020
...Mehrab Kiarsi Purpose The paper includes characterizing Ramsey policy in a cash-in-advance monetary model, under flexible and sticky prices, and with different fiscal instruments. Design/methodology/approach The paper analytically and numerically characterizes the dynamic properties of Ramsey...
