NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

A Note on Regime Switching, Monetary Policy, and Multiple Equilibria

Jess Benhabib

NBER Working Paper No. 14770
Issued in March 2009

---- Acknowledgements -----

I would like to thank Florin Bilbiie, Troy Davig, Roger Farmer, Eric Leeper, Daniel Waggoner and Tao Zha for very useful comments and suggestions. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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