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Persistent Shocks

Chapter
Part of the BestMasters book series (BEST)

Abstract

Recapitulating Section 2, there are now three equations describing the whole economy.

Keywords

Interest Rate Central Bank Nominal Interest Rate Demand Shock Lower Interest Rate 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer Fachmedien Wiesbaden 2017

Authors and Affiliations

  1. 1.Universitätsstr.15Universität Trier, IV/VWL Universitätsstr.15TrierGermany

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