Money Supply and Interest Rate Policy in a New-Keynesian Framework

Guillermo Calvo and Carlos Végh Gramont

No 1990/119, IMF Working Papers from International Monetary Fund

Abstract: The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and national and international economic developments.

Keywords: WP; nominal interest rate; money stock; inflation rate; real interest rate; interest rate Policy; money supply policy; money balance; rate of inflation; Monetary base; Inflation; Interest rate policy; Central bank policy rate; Real interest rates (search for similar items in EconPapers)
Pages: 32
Date: 1990-12-01
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