increase in inflation. The model explains the joint dynamics of output, inflation, real wages, and interest rates, and is …

This paper estimates a small open economy model for Egypt to analyze inflation, output dynamics and monetary policy …

gaps on output growth, inflation, and net saving rates using panel data for 20 Asian countries for 1980-2008. We find a … significant pass-through of the global monetary gap to domestic monetary gaps, which in turn affect output growth and inflation …

with episodes of currency appreciation and a contraction in tradable output in these economies. The paper also shows …

By combining industry-level data on output and prices with monetary policy rates for a panel of 88 countries, this … vary systematically with the included characteristics). Rather than relying on standard monetary policy shock … industry-level characteristics). Our results suggest that monetary contractions reduce output by more in industries featuring …