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Cost-push shocks and monetary policy in open economies

Sutherland, Alan - 2002

Geldpolitik in einem 2-Länder-Modell mit träger Preisanpassung. Neben einem Cost-Push-Schock erlebt jedes Land auch …

Persistent link: https://www.econbiz.de/10011431833

Monetary and fiscal interactions in open economies

Lombardo, Giovanni; Sutherland, Alan - 2003

A two-country sticky-price model is used to analyse the interactions between fiscal and monetary policy. The role of an u0091activistu0092 fiscal policy as a stabilisation tool is considered and a measure of the welfare gains from international fiscal policy cooperation is derived. It is found...

Persistent link: https://www.econbiz.de/10009635884

Financial globalization and monetary policy

Devereux, Michael B. (contributor); … - 2008

Recent data show substantial increases in the size of gross external asset and liabilitypositions. The implications of these developments for optimal conduct of monetarypolicy are analyzed in a standard open economy model which is augmented to allowfor endogenous portfolio choice. The model...

Persistent link: https://www.econbiz.de/10003770964

Expectations and the stability problem for optimal monetary policies

Evans, George W.; Honkapohja, Seppo - 2000

Eine auf den Fundamentaldaten beruhende Regelbindung der Geldpolitik ohne Selbstverpflichtung, die bei vollkommen … geeigneter Weise in die optimale Geldpolitik einbezogen werden. Diese eindeutige Schlußfolgerung gilt auch dann, wenn sich der … wichtig es ist, die Geldpolitik angemessen zu gestalten und dabei nicht nur die Fundamentaldaten, sondern auch direkt die …

Persistent link: https://www.econbiz.de/10011418901

Near-rational exuberance

Bullard, James Brian (contributor); … - 2005

We study how the use of judgement or add-factorsʺ in macroeconomic forecasting may disturb the set of equilibrium outcomes when agents learn using recursive methods. We isolate conditions under which new phenomena, which we call exuberance equilibria, can exist in standard macroeconomic...

Persistent link: https://www.econbiz.de/10003209153

International monetary policy coordination and financial market integration

Sutherland, Alan (contributor) - 2002

Persistent link: https://www.econbiz.de/10001702821

Monetary and fiscal interactions in open economies

Lombardo, Giovanni (contributor); … - 2003

Persistent link: https://www.econbiz.de/10001900420

Policy instrument choice and non-coordinated monetary in interdependent economies

Lombardo, Giovanni (contributor); … - 2004 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001906336