SEOUL NATIONAL UNIVERSITY · CENTER FOR LAW & ECONOMICS
Center for Law & Economics, Seoul National UniversityCENTER FOR LAW & ECONOMICS
ECONOMICS · RESEARCH RECORD
GlobalMonetary & finance

Aggregate-Surplus Maximizing Monetary Policy

AT A GLANCE

About this material

We study optimal monetary policy in a general heterogeneous-agent New Keynesian (HANK) economy. Instead of maximizing a social welfare function, the policymaker maximizes the

Publisher’s public description

This note draws on the publisher’s brief public description. Follow the original link for research methods and results or full event details.