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Instituciones fiscales y monetarias óptimas en la Unión Económica y Monetaria

Debrun, Xavier - In: Moneda y crédito : revista de economía (1999), pp. 121-164

Persistent link: https://www.econbiz.de/10001435638

Fiscal rules in a monetary union : a short-run analysis

Debrun, Xavier - In: Open economies review 11 (2000) 4, pp. 323-358

Persistent link: https://www.econbiz.de/10001525149

Comment on "U.S. monetary policy and fluctuations of international bank lending" by Stefan Avdjiev and Galina Hale

Ostry, Jonathan David - In: Journal of international money and finance 95 (2019), pp. 284-287

Persistent link: https://www.econbiz.de/10012137559

Inflation Inertia and Credible Disinflation - the Open Economy Case

Calvo, Guillermo A.; Celasun, Oya; Kumhof, Michael - 2021

This paper develops a model of inflation inertia based on optimizing forward looking staggered price setting in a small open economy. Unlike in current models of sticky prices, transitions to a lower steady state inflation rate take time even if they are fully credible, and they are associated...

Persistent link: https://www.econbiz.de/10013247405