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Should central banks target consumer or producer prices?

McKnight, Stephen - In: International finance 14 (2011) 3, pp. 445-479

Persistent link: https://www.econbiz.de/10009515620

Investment and forward-looking monetary policy : a Wicksellian solution to the problem of indeterminacy

McKnight, Stephen - In: Macroeconomic dynamics 22 (2018) 5, pp. 1345-1369

Persistent link: https://www.econbiz.de/10011916969

Are consumption taxes preferable to income taxes for preventing macroeconomic instability?

McKnight, Stephen - In: Macroeconomic dynamics 21 (2017) 4, pp. 1023-1058

Persistent link: https://www.econbiz.de/10011805423

Endogenous Fluctuations and International Business Cycles

McKnight, Stephen - 2019

We introduce equilibrium indeterminacy into a two-country incomplete asset model with imperfect competition to analyze the role of self-fulfilling expectations or beliefs in explaining international business cycles. We show that when self-fulfilling beliefs are correlated with technology shocks,...

Persistent link: https://www.econbiz.de/10012902603