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Tradeoffs between inflation and output-gap variances in an optimizing-agent model
Erceg, Christopher J.; Henderson, Dale W.; Levin, Andrew T. - Federal Reserve Board (Board of Governors of the … - 1998
the special case in which prices are sticky and wages are perfectly flexible. When the model is calibrated to exhibit an …
Persistent link: https://www.econbiz.de/10005368225
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Exact utilities under alternative monetary rules in a simple macro model with optimizing agents
Henderson, Dale W.; Kim, Jinill - Federal Reserve Board (Board of Governors of the … - 1999
utility calculations. There is a stabilization problem because there are one-period nominal contracts for wages, or prices, or …
Persistent link: https://www.econbiz.de/10005368489
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Factor intensity and price rigidity: evidence and theory
Peneva, Ekaterina V. - Federal Reserve Board (Board of Governors of the … - 2009
-intensive sectors asymmetrically: prices of labor-intensive goods change less than do prices of capital-intensive goods. In addition …, when prices are costly to adjust, more firms in the capital-intensive sectors optimally choose to update their prices than …
Persistent link: https://www.econbiz.de/10004965415
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Optimal monetary policy with staggered wage and price contracts
Erceg, Christopher J.; Henderson, Dale W.; Levin, Andrew T. - Federal Reserve Board (Board of Governors of the … - 1999
-optimal equilibrium that would occur under completely flexible wages and prices; that is, the model exhibits a tradeoff between … stabilizing the output gap, price inflation, and wage inflation. The Pareto optimum is attainable only if either wages or prices …
Persistent link: https://www.econbiz.de/10005712759
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Price rigidity in imperfectly competitive markets: a survey of theoretical approaches
Sharpe, Steven A. - Federal Reserve Board (Board of Governors of the … - 1987
Persistent link: https://www.econbiz.de/10005514856
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Foreclosure documentation issues: testimony before the Financial Services Subcommittee on Housing and Community Opportunity, U.S. House of Representatives, November 18, 2010
Duke, Elizabeth A. - Federal Reserve Board (Board of Governors of the … - 2010
Persistent link: https://www.econbiz.de/10010727499
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Problems in mortgage servicing: testimony before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate, December 1, 2010
Tarullo, Daniel K. - Federal Reserve Board (Board of Governors of the … - 2010
Persistent link: https://www.econbiz.de/10010727536
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Foreclosure documentation issues: testimony before the Financial Services Subcommittee on Housing and Community Opportunity, U.S. House of Representatives, November 18, 2010
Duke, Elizabeth A. - Federal Reserve Board (Board of Governors of the … - 2010
Persistent link: https://www.econbiz.de/10008465745
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Problems in mortgage servicing: testimony before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate, December 1, 2010
Tarullo, Daniel K. - Federal Reserve Board (Board of Governors of the … - 2010
Persistent link: https://www.econbiz.de/10008465764
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The replacement demand for motor vehicles: evidence from the Survey of Consumer Finances
Aizcorbe, Ana; Starr, Martha; Hickman, James T. - Federal Reserve Board (Board of Governors of the … - 2003
The motor vehicle industry has undergone important changes in recent years, including a shift in production from autos to light trucks and growth of vehicle leasing. This paper uses household-level data from the Federal Reserve's Survey of Consumer Finances to document changes in households'...
Persistent link: https://www.econbiz.de/10005514199