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Financial Globalization and Monetary Policy
Devereux, Michael B. - 2007
What does financial globalization imply for the design of monetary policy? Does the case for price stability change in an environment of large cross country gross asset holdings? This paper is concerned with the effects of monetary policy under endogenous international portfolio choice and...
Persistent link: https://www.econbiz.de/10014399256
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An open-economy model of endogenous price flexibility
Devereux, Michael B. - In: Monetary policy in low-inflation economies, (pp. 29-59). 2009
Persistent link: https://www.econbiz.de/10003930687
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Monetary policy rules and exchange rate flexibility in a simple dynamic general equilibrium model
Devereux, Michael B. - In: Journal of macroeconomics 26 (2004) 2, pp. 287-308
Persistent link: https://www.econbiz.de/10002088943
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Monetary policy strategies for emerging market countries: the case of the East European accession countries
Devereux, Michael B. - In: Alternative monetary regimes in entry to EMU, (pp. 29-66). 2002
Persistent link: https://www.econbiz.de/10001739061
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A macroeconomic analysis of EU accession under alternative monetary policies
Devereux, Michael B. - In: Journal of common market studies : JCMS 41 (2003) 5, pp. 941-964
Persistent link: https://www.econbiz.de/10001843102
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Monetary policy, exchange rate flexibility, and exchange rate pass-through
Devereux, Michael B. - In: Revisiting the case for flexible exchange rates : …, (pp. 47-82). 2001
Persistent link: https://www.econbiz.de/10002049117
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Does a monetary union require international fiscal policy co-ordination?
Devereux, Michael B. - In: The economic and social review 23 (1991) 1, pp. 35-54
Persistent link: https://www.econbiz.de/10001115339
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Fiscal deficits, debt, and monetary policy in a liquidity trap
Devereux, Michael B. - In: Monetary policy under financial turbulence : …, (pp. 369-410). 2011
Persistent link: https://www.econbiz.de/10009537801
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Financial globalization and monetary policy
Devereux, Michael B.; Sutherland, Alan - 2008
Recent data show substantial increases in the size of gross external asset and liability positions. The implications of these developments for optimal conduct of monetary policy are analyzed in a standard open economy model which is augmented to allow for endogenous portfolio choice. The model...
Persistent link: https://www.econbiz.de/10010298733
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Monopolistic competition, price setting and the effects of real and monetary shocks
Beaudry, Paul; Devereux, Michael B. - 1993
Persistent link: https://www.econbiz.de/10000878367