Narrow search
Showing 1 - 10 of 129
Cover Image
Optimal fiscal and monetary policy when money is essential
Aruoba, S. Borağan; Chugh, Sanjay K. - In: Journal of economic theory 145 (2010) 5, pp. 1618-1647
Persistent link: https://www.econbiz.de/10009157201
Cover Image
Optimal policy with credibility concerns
Lu, Yang K. - In: Journal of economic theory 148 (2013) 5, pp. 2007-2032
Persistent link: https://www.econbiz.de/10010195555
Cover Image
Savings, asset scarcity, and monetary policy
Altermatt, Lukas - In: Journal of economic theory 182 (2019), pp. 329-359
Persistent link: https://www.econbiz.de/10012133306
Cover Image
Money, financial stability and efficiency
Allen, Franklin; Carletti, Elena; Gale, Douglas - In: Journal of economic theory 149 (2014), pp. 100-127
Persistent link: https://www.econbiz.de/10010258386
Cover Image
Doubts about the model and optimal policy
Karantounias, Anastasios G. - In: Journal of economic theory 210 (2023), pp. 1-38
Persistent link: https://www.econbiz.de/10014421170
Cover Image
Optimal monetary policy with heterogeneous money holdings
Lippi, Francesco; Ragni, Stefania; Trachter, Nicholas - In: Journal of economic theory 159 (2015), pp. 339-368
Persistent link: https://www.econbiz.de/10011549109
Cover Image
Reasons for the Demise of Interest : Savings Glut and Secular Stagnation or Central Bank Policy?
Schnabl, Gunther - 2019
for the future (global savings glut). Low growth is linked to slowing population growth and a declining marginal …, from the perspective of Austrian business cycle theory, interest rates were step by step decreased by central banks to … nihilo and the need of time to produce capital invalidates the IS identity assumed in the Keynesian theory to hold …
Persistent link: https://www.econbiz.de/10012858697
Cover Image
Unique monetary equilibrium with inflation in a stationary Bewley-Aiyagari model
Hu, Tai-Wei; Shmaya, Eran - In: Journal of economic theory 180 (2019), pp. 368-382
Persistent link: https://www.econbiz.de/10012131687
Cover Image
Uncertainty and Monetary Policy During Extreme Events
Pellegrino, Giovanni - 2020
How damaging are uncertainty shocks during extreme events such as the great recession and the Covid-19 outbreak? Can monetary policy limit output losses in such situations? We use a nonlinear VAR framework to document the large response of real activity to a financial uncertainty shock during...
Persistent link: https://www.econbiz.de/10012822498
Cover Image
Market-Based Monetary Policy Uncertainty
Bauer, Michael - 2019
This paper investigates the role of monetary policy uncertainty for the transmission of FOMC actions to financial markets using a novel model-free measure of uncertainty based on derivative prices. We document a systematic pattern in monetary policy uncertainty over the course of the FOMC...
Persistent link: https://www.econbiz.de/10012871021