: (i) monetary volatility negatively affects long-run growth; (ii) the relation between nominal volatility and growth … increases the negative effect of nominal volatility on mean growth. …We introduce endogenous growth in an otherwise standard NK model with staggered prices and wages. Some results follow …

: (i) monetary volatility negatively affects long-run growth; (ii) the relation between nominal volatility and growth … increases the negative effect of nominal volatility on mean growth. …We introduce endogenous growth in an otherwise standard NK model with staggered prices and wages. Some results follow …

: (i) monetary volatility negatively affects long-run growth; (ii) the relation between nominal volatility and growth … increases the negative effect of nominal volatility on mean growth. …We introduce endogenous growth in an otherwise standard NK model with staggered prices and wages. Some results follow …

: (i) monetary volatility negatively affects long-run growth; (ii)the relation between nominal volatility and growth … increases the negative effect of nominal volatility on mean growth. …We introduce endogenous growth in an otherwise standard NK model with staggered prices and wages. Some results follow …

: (i) monetary volatility negatively affects long-run growth; (ii) the relation between nominal volatility and growth … increases the negative effect of nominal volatility on mean growth. …We introduce endogenous growth in an otherwise standard NK model with staggered prices and wages. Some results follow …

growth and shocks volatility in a model with procyclical R&D and imperfect competition in goods and labor markets. We show …We study the implications of having different sources of nominal rigidities on the relationship between productivity … that the effects of uncertainty on long-term growth not only depends on the source of fluctuations, as recent literature …

ambiguity on the relationship between secular growth and cyclical volatility …This paper presents a stochastic monetary growth model with nominal rigidities and active monetary policy in which …

growth and shocks volatility in a model with procyclical R&D and imperfect competition in goods and labour markets. We show …We study the implications of having different sources of nominal rigidities on the relationship between productivity … that the effects of uncertainty on long-term growth not only depends on the source of fluctuations, as recent literature …

growth and shocks volatility in a model with pro-cyclical R&D and imperfect competition in goods and labour markets. We show …We study the implications of having different sources of nominal rigidities on the relationship between productivity … that the effects of uncertainty on long-term growth not only depend on the source of fluctuations, as recent literature …

negative or positive relationship between short run volatility and long run growth depending on the source of shocks and the … to stabilise short run volatility may either increase or decrease growth depending on the source of shocks. …The paper aims to analyse the question of how cyclical fluctuations might affect long run growth. The analysis is based …