Blar i BI Open på forfatter "Weinke, Lutz"
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Optimal Monetary Policy with Nominal Rigidities and Lumpy Investment
Sveen, Tommy; Weinke, Lutz (Journal article; Peer reviewed, 2017)New Keynesian theory generally abstracts from the lumpy nature of plant-level investment. Given the prominent role of investment spending for shaping optimal monetary policy, this simplification could be problematic. Our ...