Taylor Rules in a Sticky Price Model with Job Search
2005/03/29
研討會日期 : 2005-03-29
時間 : 15:00
主講人 : Prof. Tang, Jenn-Hong
地點 : B棟110室
演講者簡介 : Prof. Tang, Jenn-Hong 為芝加哥大學經濟學博士(2001)。
專長領域為總體經濟學。
現為清華大學經濟系助理教授。
演講摘要 : This paper investigates the implications for the interest rate rules a la Taylor (1993) of introducing job search into a general equilibrium model with sticky prices. We show quantitatively that in the Taylor rules, the optimal responses of inflation and output are sensitive to the degree of search frictions.
