Search Results - subject:"Optimal Monetary Policy"

Revisiting Thailand's Phillips Curves : a granular panel data approach

Chantaraboontha, Arisa - 2026

monetary policy formulation. Utilizing the real output gap derived from various methodologies, the findings reveal a relatively … during the pandemic, providing empirical evidence on the nature of Thai inflation dynamics and their implications for optimal …

Persistent link: https://www.econbiz.de/10015633359

Monetary policy and supply-side turnover

Adam, Klaus; Weber, Henning - 2026

optimal monetary policy. Economic welfare and the Phillips curve then depend on the gap between inflation and a time …

Persistent link: https://www.econbiz.de/10015608832

Monetary policy and supply-side turnover

Adam, Klaus; Weber, Henning - 2026

optimal monetary policy. Economic welfare and the Phillips curve then depend on the gap between inflation and a time …

Persistent link: https://www.econbiz.de/10015605574

Pro-cyclical emissions, real externalities, and optimal monetary policy

Giovanardi, Francesco; Kaldorf, Matthias - 2025

We study optimal monetary policy in an analytically tractable New Key-nesian DSGE-model with an emission externality … though this would be feasible. Real externalities affect the LQ-approximation to optimal monetary policy and we extend the …, optimal monetary policy places a larger weight on output stabilization and targets a non-zero natural output gap, implying a …

Persistent link: https://www.econbiz.de/10015324814

ECB's evolving communication and policy preferences since 2021 strategy review

Haavio, Markus; Heikkinen, Joni; Jalasjoki, Pirkka; … - 2025

We study the evolution of the European Central Bank's (ECB) monetary policy since July 2021, following the adoption of a new strategy and amid a period of volatile inflation. Utilizing text analysis, we assess changes in the general sentiment of the ECB's communication. Additionally, we employ...

Persistent link: https://www.econbiz.de/10015329445

The supply-side effects of household heterogeneity

Schwanebeck, Benjamin; Thiel, Luzie - 2025

household heterogeneity and for optimal monetary policy. …

Persistent link: https://www.econbiz.de/10015199892

The taming of the skew : asymmetric inflation risk and monetary policy

De Polis, Andrea; Melosi, Leonardo; Petrella, Ivan - 2025

We document that inflation risk in the U.S. varies significantly over time and is often asymmetric. To analyze the macroeconomic effects of these asymmetric risks within a tractable framework, we construct the beliefs representation of a general equilibrium model with skewed distribution of...

Persistent link: https://www.econbiz.de/10015339627

Monetary policy and heterogeneity : an analytical framework

Bilbiie, Florin - In: The review of economic studies : RES 92 (2025) 4, pp. 2398-2436

Persistent link: https://www.econbiz.de/10015458916

Optimal monetary policy under fairness concerns in pricing

Shirota, Toyoichiro - In: Economics letters 247 (2025), pp. 1-5

Persistent link: https://www.econbiz.de/10015460040

Welfare loss and policy trade-offs : Calvo vs. Rotemberg

Oh, Joonseok - In: Economics letters 249 (2025), pp. 1-4

Persistent link: https://www.econbiz.de/10015463284