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Does Monetary Policy Matter for Long-Run Growth?

Delano Villanueva ()

Chapter 7 in Macroeconomic Policies for Stable Growth, 2008, pp 211-236 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe 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 AnalysisRegressionsConsumption functionInvestment functionGovernment spendingNet export demandCorporate bond interest rateReferences

Keywords: Macroeconomic Policies; Economic Growth; Macroeconomic Stabilization; External Debt Management; Financial Liberalization/Integration (search for similar items in EconPapers)
JEL-codes: E O (search for similar items in EconPapers)
Date: 2008
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