非酉折现货币搜索模型下的货币政策分析(原标题:非酉折现货币搜索模型)

Daiki Maeda
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摘要

基于行为经济学文献的发现,我将非单一贴现纳入货币搜索模型来研究最优货币政策。我采用非单一折扣,也就是说,不同商品的贴现率是不同的。通过对模型的扩展,我发现在某些情况下,最优货币政策偏离了弗里德曼规则。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
An Analysis of Monetary Policy in a Monetary Search Model with Non-unitary Discounting (Originally entitled: A Monetary Search Model with Non-unitary Discounting)
Based on findings in the behavioral economics literature, I incorporate non-unitary discounting into a monetary search model to study optimal monetary policy. I apply non-unitary discounting, that is, discount rates that are different across goods. With this extension to the model, I find that there are cases where optimal monetary policy deviates from the Friedman rule.
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