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Macroeconomic effects of tariffs shocks: the role of the effective lower bound and the labour market

Jacquinot, Pascal; Lozej, Matija; Pisani, Massimiliano - 2020

Persistent link: https://www.econbiz.de/10012602292

The macroeconomic stabilization of tariff shocks : what is the optimal monetary response?

Bergin, Paul R.; Corsetti, Giancarlo - 2020

Persistent link: https://www.econbiz.de/10012501061

Macroeconomic effects of tariffs shocks : the role of the effective lower bound and the labour market

Jacquinot, Pascal; Lozej, Matija; Pisani, Massimiliano - 2020

We simulate a version of the EAGLE, a New Keynesian multi-country model of the world economy, to assess the macroeconomic effects of US tariffs imposed on one country member of the euro area (EA), and the rest of the world (RW). The model is augmented with an endogenous effective lower bound...

Persistent link: https://www.econbiz.de/10012241231

Optimal monetary policy, tariff shocks and exporter dynamics

Hamano, Masashige; Pappadà, Francesco; Punzi, Maria Teresa - 2023

Persistent link: https://www.econbiz.de/10014464336

The macroeconomic stabilization of tariff shocks : what is the optimal monetary response?

Corsetti, Giancarlo; Bergin, Paul R. - 2020

Persistent link: https://www.econbiz.de/10012220056

Optimal price indices for targeting inflation under incomplete markets

Anand, Rahul; Prasad, Eswar S. - 2010

-constrained consumers' access to financial markets make demand insensitive to interest rate fluctuations. The demand of credit … price sector influence aggregate demand and, for monetary policy to have its desired effect, the central bank has to …