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Heterogeneous consumers, segmented asset markets and the real effects of monetary policy

Enders, Zeno - In: The economic journal : the journal of the Royal … 130 (2020) 628, pp. 1031-1056

This article proposes a novel mechanism by which changes in the distribution of money holdings have real aggregate effects. I develop a flexible-price model of segmented asset markets in which monetary policy influences the aggregate demand elasticity via heterogenous money holdings. Because...

Persistent link: https://www.econbiz.de/10012238435

Should central banks target consumer prices or the exchange rate?

Kirsanova, Tatiana; Leith, Campbell B.; Wren-Lewis, Simon - In: The economic journal : the journal of the Royal … 116 (2006), pp. 208-231

Persistent link: https://www.econbiz.de/10003333826

Exchange rates and monetary policy in emerging market economies

Devereux, Michael B. - In: The economic journal : the journal of the Royal … 116 (2006), pp. 478-506

Persistent link: https://www.econbiz.de/10003319302

Inflation target shocks and monetary policy inertia in the euro area

Fève, Patrick; Matheron, Julien; Sahuc, Jean-Guillaume - In: The economic journal : the journal of the Royal … 120 (2010) 547, pp. 1100-1124

Persistent link: https://www.econbiz.de/10008809408

Financial (in)stability, supervision and liquidity injections : a dynamic general equilibrium approach

De Walque, Gregory; Pierrard, Olivier; Rouabah, Abdelaziz - In: The economic journal : the journal of the Royal … 120 (2010) 549, pp. 1234-1261

Persistent link: https://www.econbiz.de/10008810134

Rational and near-rational bubbles without drift

Lansing, Kevin J. - In: The economic journal : the journal of the Royal … 120 (2010) 549, pp. 1149-1174

Persistent link: https://www.econbiz.de/10008810173

Optimal degree of public information dissemination

Cornand, Camille; Heinemann, Frank - In: The economic journal : the journal of the Royal … 118 (2008), pp. 718-742

Persistent link: https://www.econbiz.de/10003691275

Nominal wage flexibility, wage indexation and Monetary Union

Calmfors, Lars; Johansson, Åsa - In: The economic journal : the journal of the Royal … 116 (2006), pp. 283-308

Persistent link: https://www.econbiz.de/10003303988

Money and information in a new neoclassical synthesis framework

Arestis, Philip; Chortareas, Georgios E.; Tsoukalas, John D. - In: The economic journal : the journal of the Royal … 120 (2010), pp. 101-128

Persistent link: https://www.econbiz.de/10003946698

Optimal fiscal feedback on debt in an economy with nominal rigidities

Kirsanova, Tatiana; Wren-Lewis, Simon - In: The economic journal : the journal of the Royal … 122 (2012) 559, pp. 238-264

Persistent link: https://www.econbiz.de/10009534073

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