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country. This book explores the economic impacts of these shared cultural values, focusing on the wider economies of the USA …
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country. This book explores the economic impacts of these shared cultural values, focusing on the wider economies of the USA …
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This paper studies the design of optimal monetary policy (in terms of unconstrained Ramsey allocation) in a framework with sticky prices and matching frictions. Furthermore I consider the role of real wage rigidities. Optimal policy features significant deviations from price stability in...
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