Transmission mechanism of monetary policy in the context of economic growth (in Russian)

T. Unkovska

Economy and Forecasting, 2004, issue 2, 89-100

Abstract: The author deals with the dynamic model of equilibrium economic growth. It is determined, on the basis of Bellman principle, the internal structure of optimum accumulation rate. Using the synthesis of the results obtained and IS-LM model for open economy, she reveals the structure of optimum money supply and compensating monetary multiplier for expansion of government spending.

Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:eip:journl:y:2004:i:2:p:89-100

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