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Fiscal Deficits, Current Account Dynamics and Monetary Policy

Di Giorgio, Giorgio - 2009

This paper develops a stochastic two-country "perpetual youth" Dynamic New Keynesian model of the international business cycle with incomplete international financial markets and stationary net foreign assets. The model allows for a thorough analysis of the interaction of endogenous monetary...

Persistent link: https://www.econbiz.de/10013159058

Inflation targeting and trade deficits : thoughts for the Visegrad Four

Ball, Christopher P.; Reyes, Javier - In: Inflation : roles, targeting, and dynamics, (pp. 25-46). 2008

Persistent link: https://www.econbiz.de/10003944674

Macroeconomic policy challenges: monetary policy

Grenville, Stephen - In: Testing stabilisation policy limits in a small open …, (pp. 13-30). 2006

Persistent link: https://www.econbiz.de/10003433534

TARGET Instant Payment Settlement : the Eurosystem's response to an evolving payments landscape

Jessé, Marc Bayle de - In: Journal of payments strategy & systems 12 (2018/2019) 4, pp. 322-327

Persistent link: https://www.econbiz.de/10012041965

Portugal's best way out of economic stagnation : institutional reform of the Eurozone

Leão, Pedro; Palacio Vera, Alfonso - In: The euro crisis, (pp. 195-234). 2012

Persistent link: https://www.econbiz.de/10009551915

Real exchange rate adjustment, wage-setting institutions, and fiscal stabilization policy : lessons of the eurozone's first decade

Carlin, Wendy - In: CESifo economic studies : CESifo, a joint initiative of … 59 (2013) 3, pp. 489-519

In terms of macroeconomic performance, the Eurozone’s first decade is a story of successful inflation-targeting by the …. That this did not happen in the Eurozone appears to be related to the presence of non-rational wage setters in a number of …

Persistent link: https://www.econbiz.de/10009793391