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Are Capital Inflows Expansionary or Contractionary? Theory, Policy Implications, and Some Evidence
Blanchard, Olivier J. - 2016
The workhorse open-economy macro model suggests that capital inflows are contractionary because they appreciate the …
Persistent link: https://www.econbiz.de/10013002152
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Monetary policy games and central bank politics
Waller, Christopher - In: Journal of money, credit and banking : JMCB 21 (1989) 4, pp. 422-431
Persistent link: https://www.econbiz.de/10001081937
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Central bank design in general equilibrium
Bullard, James Brian; Waller, Christopher - In: Journal of money, credit and banking : JMCB 36 (2004) 1, pp. 95-113
Persistent link: https://www.econbiz.de/10001989338
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Discussion of "Price-level targeting and stabilization policy"
Eggertsson, Gauti B. - In: Journal of money, credit and banking : JMCB 43 (2011) 7, pp. 581-588
Persistent link: https://www.econbiz.de/10009349240
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Unconventional Policy Instruments in the New Keynesian Model
Alla, Zineddine - 2016
can help reduce the zone of equilibrium indeterminacy and the volatility of the economy. However, in some circumstances …
Persistent link: https://www.econbiz.de/10012993725
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FX Intervention in the New Keynesian Model
Alla, Zineddine - 2017
We develop an open economy New Keynesian Model with foreign exchange intervention inthe presence of a financial … help reduce the volatility of the economy and mitigate the welfare lossesassociated with such shocks. We also show that …
Persistent link: https://www.econbiz.de/10012944973
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Optimal taxes under private information : the role of inflation
Gomis-Porqueras, Pedro; Waller, Christopher - In: Journal of money, credit and banking : JMCB 54 (2022) 7, pp. 1941-1969
Persistent link: https://www.econbiz.de/10013466579