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Optimal monetary policy with endogenous entry and product variety

Bilbiie, Florin Ovidiu; Fujiwara, Ippei; Ghironi, Fabio - In: Journal of monetary economics 64 (2014), pp. 1-20

Persistent link: https://www.econbiz.de/10010462968

Vertical Differentiation in Monetary Search-Theorectic Models-Revisited

Chang, Chia-Ying - 2010

In this article, the discussion on quality levels in the monetary search theoretical model is extended. By having quality levels endogenously determined, we found that whether money holders have quality preferences is crucial to the results. While the effect of the fraction of money on quality...

Persistent link: https://www.econbiz.de/10013149151

Duopolistic competition and monetary policy

Ueda, Kozo - In: Journal of monetary economics 135 (2023), pp. 70-85

Persistent link: https://www.econbiz.de/10014292088

News shocks, monetary policy, and amplification effects in New Keynesian macroeconomics

Offick, Sven - 2015

Persistent link: https://www.econbiz.de/10011431930

Optimal Monetary Policy with Endogenous Entry and Product Variety

Bilbiie, Florin - 2011

entry and product variety in a sticky-price model with monopolistic competition in which price stability would be optimal in … the absence of entry. Specifically, a long-run positive (negative) rate of inflation is optimal when the benefit of …

Persistent link: https://www.econbiz.de/10013119776

Monetary Policy and Business Cycles with Endogenous Entry and Product Variety

Bilbiie, Florin - 2012

This paper studies the role of endogenous producer entry and product creation for monetary policy analysis and business … prices, but lets the consumer price index vary to accommodate changes in the number of available products. The free entry …

Persistent link: https://www.econbiz.de/10013103258