Author’s note: This blog is based on a published article: Bratsiotis, G.J. and Pathirage, K.D. (2026), ‘Monetary and Macroprudential Policy and Welfare in an Estimated Four-Agent New Keynesian Model’, Journal of Money, Credit and Banking, 58(5), pp. 1411-1452. https://doi.org/10.1111/jmcb.13095. The views expressed in this blog are those of the authors and do not necessarily represent […]
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