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Essays on inflation in emerging markets and developing countries
Asfuroǧlu, Dila - 2018
Persistent link: https://www.econbiz.de/10012144500
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Welfare gains in a small open economy with a dual mandate for monetary policy
Jacob, Punnoose; Özbilgin, Murat - 2021
Persistent link: https://www.econbiz.de/10012664124
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Optimal price indices for targeting inflation under incomplete markets
Anand, Rahul; Prasad, Eswar S. - 2010
-constrained consumers' access to financial markets make demand insensitive to interest rate fluctuations. The demand of credit … price sector influence aggregate demand and, for monetary policy to have its desired effect, the central bank has to …
Persistent link: https://www.econbiz.de/10008810538
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Optimal price indices for targeting inflation under incomplete markets
Anand, Rahul; Prasad, Eswar S. - 2010
-constrained consumers' access to financial markets make demand insensitive to interest rate fluctuations. The demand of credit … price sector influence aggregate demand and, for monetary policy to have its desired effect, the central bank has to …
Persistent link: https://www.econbiz.de/10008656715
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Optimal price indices for targeting inflation under incomplete markets
Anand, Rahul; Prasad, Eswar S. - 2011
Persistent link: https://www.econbiz.de/10009374371
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Supply-side policies and the zero lower bound
Fernández-Villaverde, Jesús; Guerrón-Quintana, Pablo A. - 2011
Persistent link: https://www.econbiz.de/10009378636
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Optimal price indices for targeting inflation under incomplete markets
Anand, Rahul; Prasad, Eswar S. - 2010
Persistent link: https://www.econbiz.de/10009406025
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Supply-side policies and the zero lower bound
Fernández-Villaverde, Jesús; Guerrón-Quintana, Pablo A. - 2011
Persistent link: https://www.econbiz.de/10009388409
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Uncertainty and the effectiveness of monetary and fiscal policies
Choi, Eun Kwan; Beladi, Hamid - In: The Manchester School 68 (2000) 5, pp. 491-502
Persistent link: https://www.econbiz.de/10001590234
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Optimal Price Indices for Targeting Inflation Under Incomplete Markets
Anand, Rahul - 2011
In models with complete markets, targeting core inflation enables monetary policy to maximize welfare by replicating the flexible price equilibrium. We develop a two-sector two-good new-Keynesian model to study the optimal choice of price index in markets with financial frictions. We find that,...
Persistent link: https://www.econbiz.de/10013130916