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Ramsey monetary policy and international relative prices

Faia, Ester; Monacelli, Tommaso - 2004

We analyze welfare maximizing monetary policy in a dynamic two-country model with price stickiness and imperfect competition. In this context, a typical terms of trade externality affects policy interaction between independent monetary authorities. Unlike the existing literature, we remain...

Persistent link: https://www.econbiz.de/10010298257

Ramsey monetary policy and international relative prices

Faia, Ester; Monacelli, Tommaso - 2004

We analyze welfare maximizing monetary policy in a dynamic two-country model with price stickiness and imperfect competition. In this context, a typical terms of trade externality affects policy interaction between independent monetary authorities. Unlike the existing literature, we remain...

Persistent link: https://www.econbiz.de/10011604390

Ramsey monetary policy and international relative prices

Faia, Ester; Monacelli, Tommaso - 2004

We analyze welfare maximizing monetary policy in a dynamic two-country model with price stickiness and imperfect competition. In this context, a typical terms of trade externality affects policy interaction between independent monetary authorities. Unlike the existing literature, we remain...

Persistent link: https://www.econbiz.de/10009639398

Optimal monetary policy in a small open economy with home bias

Faia, Ester; Monacelli, Tommaso - In: Journal of money, credit and banking : JMCB 40 (2008) 4, pp. 721-750

Persistent link: https://www.econbiz.de/10003714557

Optimal monetary policy rules, asset prices and credit frictions

Faia, Ester (contributor); Monacelli, Tommaso (contributor) - 2006

Persistent link: https://www.econbiz.de/10003320926

Optimal monetary policy in a small open economy with home bias

Faia, Ester; Monacelli, Tommaso - 2006

Persistent link: https://www.econbiz.de/10003311072

Optimal interest rate rules, asset prices, and credit frictions

Faia, Ester; Monacelli, Tommaso - In: Journal of economic dynamics & control 31 (2007) 10, pp. 3228-3254

Persistent link: https://www.econbiz.de/10003569372

Ramsey monetary policy and international relative prices

Faia, Ester (contributor); Monacelli, Tommaso (contributor) - 2004 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10002159171

Optimal monetary policy rules, asset prices and credit frictions

Faia, Ester (contributor); Monacelli, Tommaso (contributor) - 2005 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10002563074

Ramsey monetary policy and international relative prices

Faia, Ester (contributor); Monacelli, Tommaso (contributor) - 2004

Persistent link: https://www.econbiz.de/10001981713

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