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Ramsey monetary and fiscal policy : the role of consumption taxation

Motta, Giorgio; Rossi, Raffaele - 2013

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Progressive consumption tax and monetary policy in an endogenous growth model

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Staggered and synchronized price policies under inflation : the multiproduct monopoly case

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Ramsey monetary policy with capital accumulation and nominal rigidities

Faia, Ester - In: Macroeconomic dynamics 12 (2008), pp. 90-99

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Ramsey monetary policy with labour market frictions

Faia, Ester (contributor) - 2007

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...