Monetary Policy and Household Decisions

In course

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Description

This lecture covers the optimization problem of a representative consumer maximizing lifetime utility through consumption and work choices, the role of monetary policy in the New Keynesian model, and the impact of price flexibility on firm decisions. It also discusses the Taylor rule, the Swiss National Bank's monetary policy, and the effects of monetary policy shocks on the economy.

Instructor

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Official source

https://mediaspace.epfl.ch/media/0_sx7z4piz

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Ontological neighbourhood

Economics

Macroeconomics: Topics in macroeconomics, Keynesian economics

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