Does Monetary Policy Matter for Long-Run Growth?

Delano Villanueva, Roberto Mariano, Diwa C Guinigundo and Abbas Mirakhor

Chapter 7 in Economic Adjustment and Growth:Theory and Practice, 2023, pp 166-196 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The following sections are included:IntroductionThe Modified ModelThe Effects of DisinflationOptimal Monetary Policy and Optimal Long-Run GrowthThe Speed of Adjustment to Long-Run EquilibriumSummary and ConclusionsAppendix 7.A: The Reduced Model and Stability AnalysisReferences

Keywords: Adjustment and Growth; Testing Growth Models; Labor Participation; Human and Intellectual Capital; Finance and Growth; Adaptive Inflationary Expectations; Learning by Doing; Optimal Saving; Sustainable Foreign Debt; Stabilization and Structural Policies; Emerging Economy Case Study (search for similar items in EconPapers)
JEL-codes: E E02 F4 O11 O4 (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.worldscientific.com/doi/pdf/10.1142/9789811258787_0007 (application/pdf)
https://www.worldscientific.com/doi/abs/10.1142/9789811258787_0007 (text/html)
Ebook Access is available upon purchase.

Related works:
Chapter: Does Monetary Policy Matter for Long-Run Growth? (2008)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:wschap:9789811258787_0007

Ordering information: This item can be ordered from

Access Statistics for this chapter

More chapters in World Scientific Book Chapters from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().