Journal of Money, Credit and Banking, Vol. 39, No. 5 (Aug., 2007), pp. 1177-1212 (36 pages) We show how monetary policy inertia can help alleviate problems of indeterminacy and non-existence of ...

2) Static classification of structures. Degrees of freedom; determinacy and stability of beams; determinacy and stability of structures; examples. 3) Internal loads. Stress distribution in ...

We study how determinacy and learnability of worldwide rational expectations equilibrium may be affected by monetary policy in a simple, two-country, New Keynesian framework under both fixed and ...