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Macroeconomics of international price discrimination

Corsetti, Giancarlo; Dedola, Luca - 2002

Persistent link: https://www.econbiz.de/10001732180

Monetary policy for inattentive economies

Ball, Laurence M. (contributor); … - 2003 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001735685

International dimensions of optimal monetary policy

Corsetti, Giancarlo (contributor); … - 2001 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001591398

A center-periphery model of monetary coordination and exchange rate crisis

Buiter, Willem H.; Corsetti, Giancarlo; Pesenti, Paolo A. - 1995

Persistent link: https://www.econbiz.de/10000912535

The Mystique Surrounding the Central Bank's Balance Sheet, Applied to the European Crisis

Reis, Ricardo - 2013

In spite of the mystique behind a central bank's balance sheet, its resource constraint bounds the dividends it can distribute by the present value of seignorage, which is a modest share of GDP. Moreover, the statutes of the Federal Reserve or the ECB make it difficult for it to redistribute...

Persistent link: https://www.econbiz.de/10013087884

Fiscal Stimulus with Spending Reversals

Corsetti, Giancarlo - 2009

The impact of fiscal stimulus depends not only on short-term tax and spending policies, but also on expectations about offsetting measures in the future. This paper analyzes the effects of an increase in government spending under a plausible debt-stabilizing policy that links current stimulus to...

Persistent link: https://www.econbiz.de/10013159531

A Sticky-Information General-Equilibrium Model for Policy Analysis

Reis, Ricardo - 2010

This paper presents a dynamic stochastic general-equilibrium model with a single friction in all markets: sticky information. In this economy, agents are inattentive because of costs of acquiring, absorbing and processing information, so that the actions of consumers, workers and firms are slow...

Persistent link: https://www.econbiz.de/10012757855

Optimal Monetary Policy and the Sources of Local-Currency Price Stability

Corsetti, Giancarlo - 2010

We analyze the policy trade-offs generated by local currency price stability of imports in economies where upstream producers strategically interact with downstream firms selling the final goods to consumers. We study the effects of staggered price setting at the downstream level on the optimal...

Persistent link: https://www.econbiz.de/10012759752

Towards a Theory of Firm Entry and Stabilization Policy

Bergin, Paul R. - 2009

This paper studies the role of stabilization policy in a model where firm entry responds to shocks and uncertainty. We … fixed cost of entry. The presence of endogenous entry can alter the dynamic response to shocks, leading to greater … persistence in the effects of monetary and real shocks. Entry affects welfare, depending on the love of variety in consumption and …

Persistent link: https://www.econbiz.de/10012767456

Beyond Competitive Devaluations : The Monetary Dimensions of Comparative Advantage

Bergin, Paul R. - 2019

inflation and the output gap, monetary policy can foster the competitiveness of these firms, encouraging investment and entry in …

Persistent link: https://www.econbiz.de/10012871944