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Monetary policy, product market competition and growth

Aghion, Philippe; Farhi, Emmanuel; Kharroubi, Enisse - 2018

Persistent link: https://www.econbiz.de/10011947708

Dualism and macroeconomic volatility

Aghion, Philippe; Banerjee, Abhijit V.; Piketty, Thomas - 1997

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Government domestic debt and the risk of default : a political-economic model of the strategic role of debt

Aghion, Philippe; Bolton, Patrick - 1989

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Currency crises and monetary policy in an economy with credit constraints

Aghion, Philippe; Bacchetta, Philippe; Banerjee, Abhijit V. - 2000

output in a credit-constrained economy, which in turn reduces the demand for the domestic currency and leads to a …

Persistent link: https://www.econbiz.de/10011398300

A simple model of monetary policy and currency crises

Aghion, Philippe; Bacchetta, Philippe; Banerjee, Abhijit V. - 1999

This paper analyzes the optimal interest rate policy in currency crises. Firms are credit constrained and have debt in domestic and foreign currency, a situation that may easily lead to a currency crisis. An interest rate increase has an ambiguous effect on firms since it both makes more...

Persistent link: https://www.econbiz.de/10011398630