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person:"Buiter, Willem H."
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Buiter, Willem H.
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ECONIS (ZBW)
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1
The Elusive Welfare Economics of Price Stability as a Monetary Policy Objective : Should New Keynesian Central Bankers Pursue Price Stability?
Buiter, Willem H.
-
2021
The paper studies the inflation rate associated with optimal monetary policy in a standard suite of DSGE models, when fiscal policy is either unrestricted optimal or restricted but supportive of monetary policy. Full nominal price flexibility, nominal prices set one period in advance and...
Persistent link: https://www.econbiz.de/10013215380
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2
The Elusive Welfare Economics of Price Stability as a Monetary Policy Objective : Why New Keynesian Central Bankers Should Validate Core Inflation
Buiter, Willem H.
-
2021
The paper studies the inflation rate associated with optimal monetary and fiscal policy in a number of standard dynamic stochastic general equilibrium models with nominal price rigidities. While the focus is on Calvo-style nominal price contracts with a range of indexation rules for constrained...
Persistent link: https://www.econbiz.de/10013317652
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3
Can Central Banks Go Broke?
Buiter, Willem H.
-
2014
The paper answers three questions.(1) Does it matter if a central bank suffers a large capital loss? (2) Can the central bank become insolvent? (3) When, how and by whom should the central bank be recapitalised?
Persistent link: https://www.econbiz.de/10013048185
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4
Is numérairology the future of monetary economics? : unbundling numéraire and medium of exchange through a virtual currency and a shadow exchange rate
Buiter, Willem H.
(
contributor
)
-
2007
Persistent link: https://www.econbiz.de/10003410767
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5
The elusive welfare economics of price stability as a monetary policy objective : should new Keynesian central bankers pursue price stability?
Buiter, Willem H.
-
2004
Persistent link: https://www.econbiz.de/10002415975
Saved in:
6
The Elusive Welfare Economics of Price Stability as a Monetary Policy Objective : Should New Keynesian Central Bankers Pursue Price Stability?
Buiter, Willem H.
-
2004
(2) The constrained price setters of the Calvo model implement an ill-posed, arbitrary price indexation rule, such as the lagged partial indexation rule used by Woodford to make a case for price stability
Persistent link: https://www.econbiz.de/10012467841
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7
Can central banks go broke?
Buiter, Willem H.
-
2008
Persistent link: https://www.econbiz.de/10003717363
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8
Is numérairology the future of monetary economics? : unbundling numéraire and medium of exchange through a virtual currency and a shadow exchange rate
Buiter, Willem H.
- In:
Open economies review
18
(
2007
)
2
,
pp. 127-156
Persistent link: https://www.econbiz.de/10003481998
Saved in:
9
Is numérairology the future of monetary economics? : unbundling numéraire and medium of exchange through a virtural currency and a shadow exchange rate
Buiter, Willem H.
-
2007
Persistent link: https://www.econbiz.de/10003432469
Saved in:
10
The elusive welfare economics of price stability as a monetary policy objective : why New Keynesian central bankers should validate core inflation
Buiter, Willem H.
(
contributor
)
-
2006
The paper studies the in.ation rate associated with optimal monetary and fiscal policy in a number of standard dynamic stochastic general equilibrium models with nominal price rigidities. While the focus is on Calvo-style nominal price contracts with a range of indexation rules for constrained...
Persistent link: https://www.econbiz.de/10003320634
Saved in:
11
The elusive welfare economics of price stability as a monetary policy objective : should new Keynesian central bankers pursue price stability
Buiter, Willem H.
-
2004
Persistent link: https://www.econbiz.de/10002452104
Saved in:
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