Setting a framework for monetary policy

Eduard Bomhoff's work on establishing a model for monetary policy is incomplete, leaving unexplained certain key assumptions. The objective function that Bomhoff considers with his assumption of sticky prices is discussed.

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Bibliographic Details
Published in:	The Cato journal Vol. 12; no. 1; p. 247
Main Author:	Stockman, Alan C
Format:	Journal Article
Language:	English
Published:	Washington Cato Institute 01-04-1992
Subjects:	Bomhoff, Eduard Economic models Monetary policy United States > US
Online Access:	Get full text
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Description
Summary:	Eduard Bomhoff's work on establishing a model for monetary policy is incomplete, leaving unexplained certain key assumptions. The objective function that Bomhoff considers with his assumption of sticky prices is discussed.
ISSN:	0273-3072 1943-3468