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Three essays on wealth effect
Cai, Junning - 2004
Persistent link: https://www.econbiz.de/10003549360
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Credit and inflation under borrowerʼs lack of commitment
Díaz Rodríguez, Antonia; Perera-Tallo, Fernando - In: Journal of economic theory 146 (2011) 5, pp. 1888-1914
Persistent link: https://www.econbiz.de/10009308133
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Anticipation of future consumption : a monetary perspective
Faria, João Ricardo; McAdam, Peter - In: Journal of money, credit and banking : JMCB 45 (2013) 2/3, pp. 423-447
Persistent link: https://www.econbiz.de/10009759309
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Habits, rule-of-thumb consumption and useful public consumption in Sub-Saharan Africa : theory and new evidence
Francois, John Nana - 2023
Persistent link: https://www.econbiz.de/10014250519
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Habits, rule-of-thumb consumption and useful public consumption in sub-sahara africa : theory and new evidence
Francois, John Nana - In: Journal of African economies 32 (2023) 5, pp. 469-494
Persistent link: https://www.econbiz.de/10014427345
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Monetary persistence and the labor market : a new perspective
Lechthaler, Wolfgang (contributor);  … - 2008
introduction of labor turnover costs (such as hiring and firing costs). Assuming that it is costly to hire and fire workers implies … and firing costs …
Persistent link: https://www.econbiz.de/10003719627
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The bank, the bank-run, and the central bank : the impact of early deposit withdrawals in a new Keynesian framework
Totzek, Alexander (contributor) - 2008
Currently, private trust in commercial banks declines as a consequence of today’s financial crisis. As past crises, e.g. the Asian crisis, show, the loss of confidence in the financial sector typically causes private agents to withdraw their capital from financial institutions. Thus, the...
Persistent link: https://www.econbiz.de/10003794089
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On the non-optimality of information : an Analysis of the welfare effects of anticipated shocks in the New Keynesian model
Wohltmann, Hans-Werner (contributor);  … - 2008
This paper compares the welfare effects of anticipated and unanticipated cost-push shocks in the canonical New Keynesian model with optimal monetary policy. We find that, for empirically plausible degrees of nominal rigidity, the anticipation of a future cost-push shock leads to a higher welfare...
Persistent link: https://www.econbiz.de/10003794092
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Labor turnover costs, workers' heterogeneity and optimal monetary policy
Faia, Ester; Lechthaler, Wolfgang; Merkl, Christian - 2009
We study the design of optimal monetary policy in a New Keynesian model with labor turnover costs in which wages are … zero and the optimal volatility of inflation is an increasing function of firing costs. The optimal rule should react to … employment alongside inflation. -- Optimal monetary policy ; hiring and firing costs ; labor market frictions ; policy trade-off …
Persistent link: https://www.econbiz.de/10003864487
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Labor turnover costs, workers' heterogeneity, and optimal monetary policy
Faia, Ester; Lechthaler, Wolfgang; Merkl, Christian - 2009
We study the design of optimal monetary policy in a New Keynesian model with labor turnover costs in which wages are … zero and the optimal volatility of inflation is an increasing function of firing costs. The optimal rule should react to … employment alongside inflation. -- Optimal monetary policy ; hiring and firing costs ; labor market frictions ; policy trade-off …
Persistent link: https://www.econbiz.de/10003879356