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Understanding the fiscal theory of the price level

Christiano, Lawrence J.; Fitzgerald, Terry J. - 2000

Persistent link: https://www.econbiz.de/10001470853

Monetary policy in a financial crisis

Christiano, Lawrence J.; Gust, Christopher J.; Roldós, … - 2002

Persistent link: https://www.econbiz.de/10001676202

The Great Depression and the Friedman-Schwartz hypothesis

Christiano, Lawrence J.; Motto, Roberto; Rostagno, Massimo - 2004

Persistent link: https://www.econbiz.de/10001905536

Two reasons why money and credit may be useful in monetary policy

Christiano, Lawrence J.; Motto, Roberto; Rostagno, Massimo - 2007

Persistent link: https://www.econbiz.de/10003568974

Optimal monetary policy in a "sudden stop"

Braggion, Fabio; Christiano, Lawrence J.; Roldós, Jorge E. - 2007

In the wake of the 1997-98 financial crises, interest rates in Asia were raised immediately, and then reduced sharply. We describe an environment in which this is the optimal monetary policy. The optimality of the immediate rise in the interest rate is an example of the theory of the second...