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Stiglitz, Joseph E. - 1984

Persistent link: https://www.econbiz.de/10002859729

Net Worth, Exchange Rates, and Monetary Policy : The Effects of a Devaluation in a Financially Fragile Environment

Gatti, Domenico Delli - 2007

In this paper we propose an Open Economy Financial Accelerator model along the lines of Greenwald-Stiglitz (1993) close in spirit but different in many respects from the one proposed by Greenwald (1998.) The first goal of the paper is to provide a taxonomy of the effects of a devaluation in this...

Persistent link: https://www.econbiz.de/10012465409

Net Worth, Exchange Rates, and Monetary Policy : The Effects of a Devaluation in a Financially Fragile Environment

Delli Gatti, Domenico - 2010

Persistent link: https://www.econbiz.de/10012759952

A theory of pseudo-wealth

Guzman, Martín; Stiglitz, Joseph E. - In: Contemporary issues in macroeconomics : lessons from …, (pp. 21-33). 2016

Persistent link: https://www.econbiz.de/10011432953

Toward a theory of rigidities

Greenwald, Bruce C. N.; Stiglitz, Joseph E. - 1989

Persistent link: https://www.econbiz.de/10000765807

Toward a Theory of Rigidities

Greenwald, Bruce C. N.; Stiglitz, Joseph E. - 2021

This paper presents a theory of rigidity, or more properly inertia, in the responses of economic variables to changing … environments. The theory rests on three fundamental assumptions: (1) that firms are risk averse, (2) that firms are uncertain of …

Persistent link: https://www.econbiz.de/10013219707