no code implementations • 11 Dec 2017 • Alberto F. Boix, Adrián Segura Moreiras
The goal of this paper is to review some analytic techniques that are potentially useful to shed light on the determinacy question that arises in New Keynesian models as result of a combination of several monetary policy rules; in these models, we provide conditions to guarantee existence and uniqueness of equilibrium by means of results that are obtained from theoretical analysis.
