{"created":"2023-10-04T05:38:38.644608+00:00","id":2000208,"links":{},"metadata":{"_buckets":{"deposit":"41b5e72b-4f69-4b76-858c-955473c04547"},"_deposit":{"created_by":8,"id":"2000208","owners":[8],"pid":{"revision_id":0,"type":"depid","value":"2000208"},"status":"published"},"_oai":{"id":"oai:chuo-u.repo.nii.ac.jp:02000208","sets":["255"]},"author_link":[],"control_number":"2000208","item_10002_biblio_info_7":{"attribute_name":"書誌情報","attribute_value_mlt":[{"bibliographicIssueDates":{"bibliographicIssueDate":"2023-09-19","bibliographicIssueDateType":"Issued"},"bibliographicVolumeNumber":"391","bibliographic_titles":[{"bibliographic_title":"経済研究所 Discussion Paper","bibliographic_titleLang":"ja"},{"bibliographic_title":"IERCU Discussion Paper","bibliographic_titleLang":"en"}]}]},"item_10002_description_19":{"attribute_name":"フォーマット","attribute_value_mlt":[{"subitem_description":"application/pdf","subitem_description_type":"Other"}]},"item_10002_description_5":{"attribute_name":"抄録","attribute_value_mlt":[{"subitem_description":"This study extends the New Keynesian model to examine the impact of delays in monetary policy implementation on economic stability. The extant literature indicates that if a central bank delays its response to the inflation rate, this policy lag may increase the number of positive roots in the model economy, implying that a time lag associated with inflation-targeting policy causes instability or eliminates indeterminacy. However, cases where a central bank considers multiple target variables but only one of them has a lag have not yet been examined. We analyze the case in which the inflation rate and output are the target variables of policy intervention, wherein a delay occurs in the central bank's response to output. We demonstrate that a policy lag may increase the number of negative roots in the dynamic system, implying that instability rather than indeterminacy may be eliminated by a policy lag.","subitem_description_language":"en","subitem_description_type":"Abstract"}]},"item_10002_publisher_8":{"attribute_name":"出版者","attribute_value_mlt":[{"subitem_publisher":"中央大学経済研究所","subitem_publisher_language":"ja"}]},"item_10002_rights_15":{"attribute_name":"権利","attribute_value_mlt":[{"subitem_rights":"この資料の著作権は、資料の著作者または学校法人中央大学に帰属します。著作権法が定める私的利用・引用を超える使用を希望される場合には、掲載誌発行部局へお問い合わせください。","subitem_rights_language":"ja"}]},"item_10002_version_type_20":{"attribute_name":"著者版フラグ","attribute_value_mlt":[{"subitem_version_resource":"http://purl.org/coar/version/c_970fb48d4fbd8a85","subitem_version_type":"VoR"}]},"item_creator":{"attribute_name":"著者","attribute_type":"creator","attribute_value_mlt":[{"creatorNames":[{"creatorName":"TSUZUKI,Eiji"},{"creatorName":"都築,栄司","creatorNameLang":"ja"},{"creatorName":"ツヅキ,エイジ"}]},{"creatorNames":[{"creatorName":"SHINAGAWA,Shunsuke"},{"creatorName":"品川,俊介","creatorNameLang":"ja"},{"creatorName":"シナガワ,シュンスケ"}]}]},"item_files":{"attribute_name":"ファイル情報","attribute_type":"file","attribute_value_mlt":[{"accessrole":"open_access","filename":"dp391.pdf","mimetype":"application/pdf","url":{"url":"https://chuo-u.repo.nii.ac.jp/record/2000208/files/dp391.pdf"},"version_id":"8c4a6bc3-6c88-40b6-bdda-3b10859a6491"}]},"item_keyword":{"attribute_name":"キーワード","attribute_value_mlt":[{"subitem_subject":"New Keynesian model","subitem_subject_language":"en","subitem_subject_scheme":"Other"},{"subitem_subject":"Policy lag","subitem_subject_language":"en","subitem_subject_scheme":"Other"},{"subitem_subject":"Delay differential equation","subitem_subject_language":"en","subitem_subject_scheme":"Other"},{"subitem_subject":"Equilibrium determinacy","subitem_subject_language":"en","subitem_subject_scheme":"Other"},{"subitem_subject":"JEL Classi cation:E32","subitem_subject_language":"en","subitem_subject_scheme":"Other"},{"subitem_subject":"E52","subitem_subject_language":"en","subitem_subject_scheme":"Other"},{"subitem_subject":"E63","subitem_subject_language":"en","subitem_subject_scheme":"Other"}]},"item_language":{"attribute_name":"言語","attribute_value_mlt":[{"subitem_language":"eng"}]},"item_resource_type":{"attribute_name":"資源タイプ","attribute_value_mlt":[{"resourcetype":"departmental bulletin paper","resourceuri":"http://purl.org/coar/resource_type/c_6501"}]},"item_title":"Impact of Delays in Policy Implementation on Economic Stability under Sticky Prices","item_titles":{"attribute_name":"タイトル","attribute_value_mlt":[{"subitem_title":"Impact of Delays in Policy Implementation on Economic Stability under Sticky Prices","subitem_title_language":"en"}]},"item_type_id":"10002","owner":"8","path":["255"],"pubdate":{"attribute_name":"PubDate","attribute_value":"2023-10-04"},"publish_date":"2023-10-04","publish_status":"0","recid":"2000208","relation_version_is_last":true,"title":["Impact of Delays in Policy Implementation on Economic Stability under Sticky Prices"],"weko_creator_id":"8","weko_shared_id":-1},"updated":"2023-11-01T02:32:12.198866+00:00"}