Narrow search
Showing 1 - 10 of 111
Cover Image
The Exchange Rate Insulation Puzzle
Corsetti, Giancarlo; Kuester, Keith; Müller, Gernot J.; … - 2021
to headline consumer price inflation. However, it remains puzzling that policy makers are ready to forego stabilization …
Persistent link: https://www.econbiz.de/10012420382
Cover Image
The exchange rate insulation puzzle
Corsetti, Giancarlo; Küster, Keith; Müller, Gernot J.; … - 2021
targets headline inflation, but only at the cost of missing the unconditional evidence on currency volatility. …
Persistent link: https://www.econbiz.de/10012705556
Cover Image
The exchange rate insulation puzzle
Corsetti, Giancarlo; Küster, Keith; Müller, Gernot J.; … - 2021
to headline consumer price inflation. However, it remains puzzling that policy makers are ready to forego stabilization …
Persistent link: https://www.econbiz.de/10012438341
Cover Image
International Dimensions of Optimal Monetary Policy
Corsetti, Giancarlo; Pesenti, Paolo A. - 2006
This paper provides a baseline general-equilibrium model of optimal monetary policy among interdependent economies with monopolistic firms that set prices one period in advance. Strict adherence to inward-looking policy objectives such as the stabilization of domestic output cannot be optimal...
Persistent link: https://www.econbiz.de/10014056574
Cover Image
The Exchange Rate Insulation Puzzle
Corsetti, Giancarlo; Keuster, Keith; Müller, Gernot J.; … - 2021
headline inflation, but only at the cost of missing the unconditional evidence on currency volatility …
Persistent link: https://www.econbiz.de/10013310363
Cover Image
Macroeconomic stabilization, monetary-fiscal interactions, and Europe’s monetary union
Corsetti, Giancarlo; Dedola, Luca; Jarociński, Marek; … - 2016
The euro area has been experiencing a prolonged period of weak economic activity and very low inflation. This paper … stabilize economic activity and inflation. The paper describes practical ways for the euro area to be able to implement an …
Persistent link: https://www.econbiz.de/10011606033
Cover Image
The exchange rate insulation puzzle
Corsetti, Giancarlo; Küster, Keith; Müller, Gernot J.; … - 2021
targets headline inflation, but only at the cost of missing the unconditional evidence on currency volatility. …
Persistent link: https://www.econbiz.de/10012819044
Cover Image
Gambling to preserve price (and fiscal) stability
Corsetti, Giancarlo; Maćkowiak, Bartosz - 2023
uncorrected, must cause inflation, but the imbalance may get corrected in the future with some probability. By maintaining price …
Persistent link: https://www.econbiz.de/10014476338
Cover Image
The simple geometry of transmission and stabilization in closed and open economies
Corsetti, Giancarlo; Pesenti, Paolo A. - 2005
This paper provides an introduction to the recent literature on macroeconomic stabilization in closed and open economies. We present a stylized theoretical framework, illustrating its main properties with the help of an intuitive graphical apparatus. Among the issues we discuss are optimal...
Persistent link: https://www.econbiz.de/10010283317
Cover Image
International dimensions of optimal monetary policy
Corsetti, Giancarlo; Pesenti, Paolo - 2001
This paper provides a baseline general-equilibrium model of optimal monetary policy among interdependent economies with monopolistic firms that set prices one period in advance. Strict adherence to inward-looking policy objectives such as the stabilization of domestic output cannot be optimal...
Persistent link: https://www.econbiz.de/10010283479