Monetary policy transmission amid demand reallocations / Julien Bengui, Lu Han and Gaelan MacKenzie.: FB3-5/2024-42E-PDF
"Large swings in the expenditure shares of goods and services at the start of the pandemic have contributed to the inflation surge, posing new challenges for monetary policy. Using a multisector model featuring upward labor adjustment frictions, we analyze the transmission of monetary policy during a demand reallocation episode, focussing on sectoral heterogeneity in inflation and output responses"--Abstract, page ii.
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| Title | Monetary policy transmission amid demand reallocations / Julien Bengui, Lu Han and Gaelan MacKenzie. |
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| Publication type | Monograph - View Master Record |
| Language | [English] |
| Format | Digital text |
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| Description | 1 online resource (ii, 44 pages) : graphs. |
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