Optimal Commodity Price Stabilization over the Business Cycle

Número: 
154
Publicado: 
Clasificación JEL: 
E42, F41
Palabras clave: 
Optimal, price stabilization, Business Cycle

This paper develops a model to study the design, characterization and dynamic implications of stabilization policies in a dynamic general equilibrium model of the business cycle for an economy tainted by the Dutch disease. The model incorporates a stabili