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Firm-specific capital, nominal rigidities and the business cycle
Altig, David; Christiano, Lawrence J.; Eichenbaum, Martin S. - 2004
Macroeconomic and microeconomic data paint conflicting pictures of price behavior. Macroeconomic data suggest that inflation is inertial. Microeconomic data indicate that firms change prices frequently. We formulate and estimate a model which resolves this apparent micro - macro conflict. Our...
Persistent link: https://www.econbiz.de/10011584699
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Optimal exchange-rate policy in a model of local-currency pricing with vertical production and trade
Gong, Liutang; Wang, Chan; Zou, Heng-fu - In: Open economies review 28 (2017) 1, pp. 125-147
Persistent link: https://www.econbiz.de/10011804291
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Central bank policy in a more perfect financial system
Hagen, Jürgen von; Fender, Ingo - In: Open economies review 9 (1998) Suppl.1, pp. 493-531
Persistent link: https://www.econbiz.de/10001381166
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Monetary policy interaction within or without an exchange-rate arrangement
Gros, Daniel - In: Open economies review 3 (1992) 1, pp. 61-82
Persistent link: https://www.econbiz.de/10001118251
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Uncertainty and the choice of instruments in a two-country monetary-policy game
Henderson, Dale W. - In: Open economies review 1 (1990) 1, pp. 39-65
Persistent link: https://www.econbiz.de/10001094462
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The exchange rate and the trade balance : insular versus open economies
McKinnon, Ronald I. - In: Open economies review 1 (1990) 1, pp. 17-37
Persistent link: https://www.econbiz.de/10001094463
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Target zones and wealth effects : current account implications of alternative policy assignments
Tirelli, Patrizio - In: Open economies review 2 (1991) 1, pp. 65-82
Persistent link: https://www.econbiz.de/10001099213
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Devaluation and monetary policy with import compression
Rattsø, Jørn - In: Open economies review 5 (1994) 2, pp. 159-175
Persistent link: https://www.econbiz.de/10001162582
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Money versus credit in the determination of output for small open economies
Montiel, Peter - In: Open economies review 2 (1991) 2, pp. 203-210
Persistent link: https://www.econbiz.de/10001101800
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Precommitment by central bank independence
Neumann, Manfred J. M. - In: Open economies review 2 (1991) 2, pp. 95-112
Persistent link: https://www.econbiz.de/10001101814