(8) Permanent negative AD shock

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Комментарии
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Hi ma'am, i have a doubt can a MR curve be upward sloping like a positive sloping MR in case of negative demand shock

KAI-rsqe
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Hi I would liket to ask why you set -pi0 as the minimum value for r0? because I think the minimun value for r0 is minus pi(t), and -pi0 is the minimun value of r1, as the minimum value of r in period t is related with the inflation rate in the previous term.

蒋绮语
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Hi, I would like to ask if there's any possibility that the central bank can exercise a policy to bring the economy back to its original long-run equilibrium

ryanlim