Titlebook: Instructor‘s Manual for Money: Theory and Practice; Jin Cao,Gerhard Illing Book 2019 Springer Nature Switzerland AG 2019 New Keynesian mac

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Liquidity Trap: Limits for Monetary Policy at the Effective Lower BoundThis chapter provides exercises for better understanding the limits of monetary policy at effective zero lower bound, the concept of liquidity trap, and the policies that improve efficiency. Exercises are short questions that mainly focus on the intuitions.

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Monetary Policy in PracticeThis chapter provides exercises for better understanding the implementation of monetary policy, focusing on the working mechanism of the corridor system and the impact of various monetary policy instruments on the market equilibrium. Exercises are short questions that mainly focus on the intuitions.

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Monetary Policy and Financial StabilityThis chapter provides exercises for better understanding the feedback between monetary policy and financial stability, and the macroprudential policies that are necessary to deter the risk-taking induced by monetary policy. Solutions are provided for selected exercises.

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978-3-030-23617-5Springer Nature Switzerland AG 2019

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Instructor‘s Manual for Money: Theory and Practice978-3-030-23618-2Series ISSN 2192-4333 Series E-ISSN 2192-4341

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Optimal Monetary Policy the New Keynesian DSGE models. Further issues such as time-inconsistency problem, inflation bias, and their solutions are also discussed in the exercises. Solutions are provided for selected exercises.

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Instructor‘s Manual for Money: Theory and Practice

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