Optimal Monetary Policy with Collateralized Household Debt and Borrowing Constraints

Tommaso Monacelli
Published Date
Copyright 2008
ISBN 978-0-226-09211-9
Asset Prices and Monetary Policy
Book: Asset Prices and Monetary Policy
Book editor: John Y. Campbell
PUBLISHER: University of Chicago Press
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Topics

Macroeconomics
Consumption and Investment
Money and Interest Rates
Monetary Policy

Published From Paper

Optimal Monetary Policy with Collateralized Household Debt and Borrowing Constraints
- Working Paper
We study optimal monetary policy in an economy with nominal private debt, borrowing constraints and price rigidity....

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