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On the efficiency of monetary and fiscal policy in open economies

Wang, Chan; Zou, Heng-fu - In: Annals of economics and finance 14 (2013) 1, pp. 179-206

Persistent link: https://www.econbiz.de/10009756927

Optimal monetary policy under a global dollar standard : the effect of vertical trade and production

Wang, Chan; Zou, Heng-fu - In: Open economies review 26 (2015) 1, pp. 121-137

Persistent link: https://www.econbiz.de/10010486921

Optimal monetary policy with international trade in intermediate inputs

Gong, Liutang; Wang, Chan; Zou, Heng-fu - In: Journal of international money and finance 65 (2016), pp. 140-165

Persistent link: https://www.econbiz.de/10011668415

Land-price dynamics and macroeconomic fluctuations with nonseparable preferences

Gong, Liutang; Wang, Chan; Zhao, Fuyang; Zou, Heng-fu - In: Journal of economic dynamics & control 83 (2017), pp. 149-161

Persistent link: https://www.econbiz.de/10011915583

Optimal monetary policy in a model of vertical production and trade with reference currency

Gong, Liutang; Wang, Chan; Zou, Heng-fu - In: The B.E. journal of macroeconomics 20 (2020) 1, pp. 1-21

Persistent link: https://www.econbiz.de/10012170793

Optimal exchange-rate policy in a model of local-currency pricing with vertical production and trade

Gong, Liutang; Wang, Chan; Zou, Heng-fu - In: Open economies review 28 (2017) 1, pp. 125-147

Persistent link: https://www.econbiz.de/10011804291

Currency misalignments, international trade in intermediate inputs, and inflation targeting

Gong, Liutang; Wang, Chan; Wu, Liyuan; Zou, Heng-fu - In: Journal of international money and finance 134 (2023), pp. 1-37

Persistent link: https://www.econbiz.de/10014305181

On the efficiency of monetary and fiscal policy in open economies

Wang, Chan; Zou, Heng-fu - China Economics and Management Academy, Central … - 2012

This paper investigates the efficiency of monetary and fiscal policy in a two-country general equilibrium model with monopolistic competition and wage stickiness. When monopoly distortions are completely eliminated, we find that stochastic government spending can affect the efficiency of the...

Persistent link: https://www.econbiz.de/10009645825

The Capital Account Cannot be Freed in China

Wang, Chan; Zou, Heng-fu - China Economics and Management Academy, Central … - 2013

Persistent link: https://www.econbiz.de/10010819255

Optimal monetary and tariff policy in open economies

Wang, Chan; Zou, Heng-fu - China Economics and Management Academy, Central … - 2013

This paper investigates the relationship between optimal monetary and tariff policy in open economies. In producer-currency pricing (PCP) case, as in Obstfeld and Rogoff (2002), optimal tariff policy rules are separable from optimal monetary policy rules. Except for PCP case, they are not...

Persistent link: https://www.econbiz.de/10010819290