Series: IMF Working Papers
Author(s): Nooman Rebei , and Mohamed Safouane Ben Aissa
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 January 2012
Keywords: Taylor rules, optimal monetary policy, general equilibrium, government subsidies, Bayesian estimation, inflation, inflation rates, monetary economics, General Aggregative Models,
This paper investigates optimized monetary policy rules in the presence of government intervention to stabilize prices of certain categories of goods and services. The paper estimates a small-scale, structural equi...