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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

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/10012759952

Stability with growth : macroeconomics, liberalization, and development

Stiglitz, Joseph E.; Ocampo, José Antonio; Spiegel, Shari - 2006 - 1. publ.

Persistent link: https://www.econbiz.de/10003294879

On the relevance or irrelevance of public financial policy : indexation, price rigities and optimal monetary policy

Stiglitz, Joseph E. - 1983

Persistent link: https://www.econbiz.de/10001503395

Reforming the global economic architecture : lessons from recent crises

Stiglitz, Joseph E. - In: The journal of finance : the journal of the American … 54 (1999) 4, pp. 1508-1521

Persistent link: https://www.econbiz.de/10001395783

Monetary policy and the theory of the risk-averse bank : presented at the Conference on Macroeconomic Stabilization Policy: Lessons for the Future, sponsored jointly by the Federal Reserve Bank of San Francisco and ..., March 5 and 6, 1993

Stiglitz, Joseph E.; Greenwald, Bruce C. N. - 1993

Persistent link: https://www.econbiz.de/10000991049

Central banking in a democratic society

Stiglitz, Joseph E. - In: De economist : Netherlands economic review ; quarterly … 146 (1998) 2, pp. 199-226

Persistent link: https://www.econbiz.de/10001245516

Towards a reformulation of monetary theory : competitive banking

Greenwald, Bruce C. N. - In: The economic and social review 23 (1991) 1, pp. 1-34

Persistent link: https://www.econbiz.de/10001115341

Money, credit, and business fluctuations

Stiglitz, Joseph E. - In: The economic record : er 64 (1988) 187, pp. 307-322

Persistent link: https://www.econbiz.de/10001068445

Crisis y reestructuración financiera : el papel de la banca central

Stiglitz, Joseph E. - In: Cuestiones económicas 17 (2001) 2, pp. 3-20

Persistent link: https://www.econbiz.de/10001596725

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