Firms' credit requirements and monetary policy rules

被引：1
|
作者：
Koirala, Niraj P. [1 ]
Kamara, Ahmed H. [2 ]
Rankoth, Anurud [1 ]
机构：
[1] Texas Tech Univ, Dept Econ, Lubbock, TX 79409 USA
[2] Texas Tech Univ, Coll Business, Corpus Christi, TX USA
来源：
ECONOMICS LETTERS | 2019年 / 175卷
关键词：
Credit requirement; Borrowing constraints; Monetary policy rules;
D O I：
10.1016/j.econlet.2018.12.010
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We study the effects of inflation targeting, the Taylor rule, and unemployment targeting when firms face credit constraints. For all levels of credit requirements, the unemployment targeting rule is most effective in stabilizing major variables compared to the other rules. (C) 2018 Elsevier B.V. All rights reserved.
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页码：113 / 117
页数：5
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