Grundlagen einer mikrofundierten Theorie der Geldpolitik
View on FWF Research RadarKeywords
Research Disciplines
Research Fields
The project deals with the basic economic mechanisms determining how monetary policy affects the economy, in particular how monetary policy affects private investment. It seems that in reality investment reacts much less to changes in the interest rate than one would expect from theory. We investigate some potential ways to reconcile the theory with the empirical results, in particular we look at frictions in labor markets as well as frictions in financial markets.
This project has no linked research outputs in the database.
No additional funding sources recorded.