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Price level determinacy and monetary policy under a balanced-budget requirement
Schmitt-Grohé, Stephanie; Uribe, Martín - 1998
-in-advance economy under three alternative monetary policy regimes. It shows that the price level is indeterminate under a nominal …
Persistent link: https://www.econbiz.de/10011576552
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Optimal fiscal and monetary policy under sticky prices
Schmitt-Grohé, Stephanie (contributor);  … - 2001 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001629565
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Optimal fiscal and monetary policy under imperfect competition
Schmitt-Grohé, Stephanie (contributor);  … - 2001 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001578958
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Optimal fiscal and monetary policy under imperfect comptition
Schmitt-Grohé, Stephanie (contributor);  … - 2000 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001547185
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Chaotic interest rate rules
Benhabib, Jess (contributor);  … - 2001 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001629580
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Monetary policy and multiple equilibria
Benhabib, Jess; Schmitt-Grohé, Stephanie; Uribe, Martín - 1999 - Revised
In this paper, we characterize conditions under which interest rate feedback rules that set the nominal interest rate as an increasing function of the inflation rate induce aggregate instability by generating multiple equilibria. We show that these conditions depend not only on the...
Persistent link: https://www.econbiz.de/10011576838