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ECONIS (ZBW)
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EconStor
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10
BASE
2
USB Cologne (EcoSocSci)
1
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10
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1
Nominal rigidities and the optimal rate of inflation
Andersen, Torben M.
-
1999
This paper analyses two reasons why inflation may interfere with price adjustment so as to create inefficiencies in resource allocation at low rates of inflation. The first argument is that the higher the rate of inflation the lower the likelihood that downward nominal rigidities are binding...
Persistent link: https://www.econbiz.de/10009768268
Saved in:
2
Vehicle currency
Devereux, Michael B.
;
Shi, Shouyong
- In:
International economic review
54
(
2013
)
1
,
pp. 97-133
Persistent link: https://www.econbiz.de/10009715156
Saved in:
3
Monetary policy and dynamic
efficiency
in economies of overlapping generations
Bloise, Gaetano
;
Polemarchakis, Heraklis M.
- In:
International journal of economic theory
2
(
2006
)
3/4
,
pp. 319-330
Persistent link: https://www.econbiz.de/10003398966
Saved in:
4
Volatile policy and private information : the case of monetary shocks
Jones, Larry E.
;
Manuelli, Rodolfo E.
- In:
Journal of economic theory
99
(
2001
)
1/2
,
pp. 265-296
Persistent link: https://www.econbiz.de/10001604687
Saved in:
5
A role for monetary policy when prices reveal information : an example
Polemarchakis, Heraklis M.
;
Seccia, Giulio
- In:
Journal of economic theory
95
(
2000
)
1
,
pp. 107-115
Persistent link: https://www.econbiz.de/10001530124
Saved in:
6
Volatile policy and private information : the case of monetary policy
Jones, Larry E.
;
Manuelli, Rodolfo E.
-
1999
Persistent link: https://www.econbiz.de/10001379622
Saved in:
7
Optimal monetary policy : distribution
efficiency
versus production
efficiency
Xiang, Haitao
- In:
The Canadian journal of economics
46
(
2013
)
3
,
pp. 836-864
Persistent link: https://www.econbiz.de/10010222340
Saved in:
8
Volatile Policy and Private Information : The Case of Monetary Policy
Jones, Larry E.
-
1999
In this paper we study how volatility in monetary policy affects economic performance in the presence of endogenously chosen information structures. To isolate the effects produced by the interaction of uncertainty in monetary policy and (possibly) asymmetric information, we consider a model in...
Persistent link: https://www.econbiz.de/10012471724
Saved in:
9
Vehicle Currency
Devereux, Michael B.
-
2009
the
efficiency
gains arising from a vehicle currency, and show how it depends on the total number of currencies in …
Persistent link: https://www.econbiz.de/10013153147
Saved in:
10
Firm heterogeneity, capital misallocation and optimal monetary policy
González, Beatriz
;
Nuño, Galo
;
Thaler, Dominik
; …
-
2021
We analyze monetary policy in a New Keynesian model with heterogeneous firms and financial frictions. Firms differ in their productivity and net worth and face collateral constraints that cause capital misallocation. TFP endogenously depends on the time-varying distribution of firms. Although a...
Persistent link: https://www.econbiz.de/10012697125
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