Optimal Monetary policy with Informality: A Benchmark Framework
Our paper aims at unveiling how much the monetary policy shall deviate from the zero-inflation allocation in an economy with a large informal sector. A first insight is thatinformality amplifies cost-push shocks on inflation. The gap between the natural rateand...
| Autores Principales: | , |
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| Formato: | Objeto de conferencia (Conference Object) |
| Lenguaje: | Inglés (English) |
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Universidad del Rosario. Facultad de Economía
2018
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| Acceso en línea: | http://repository.urosario.edu.co/handle/10336/18255 |