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Search theory and applied economic research

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  • Amstad, Marlene
  • Berentsen, Aleksander

Abstract

In the summer of 2002, the Swiss National Bank (SNB) hosted the “SNB-Fed Cleveland Workshop on Monetary Economics”. Recent years have seen the development of the search-theoretic approach to monetary theory. It has established itself as an important strand of monetary theory in a very short space of time, although it has yet to exert a significant influence on the empirical models that are typically used for monetary policy analysis. This is why the conference organisers, David Altig (Federal Reserve Bank of Cleveland), Aleksander Berentsen (University of Basel) and Thomas Jordan (SNB) decided that the event should focus on linking search theory with applied economic research. This summary article first briefly examines the objectives and challenges of search theory before discussing briefly the conference papers.

Suggested Citation

  • Amstad, Marlene & Berentsen, Aleksander, 2002. "Search theory and applied economic research," MPRA Paper 14877, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:14877
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Search Theory; Monetary Policy; Applied Economic Research;
    All these keywords.

    JEL classification:

    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
    • E4 - Macroeconomics and Monetary Economics - - Money and Interest Rates

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