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Understanding Inflation : Implications for Monetary Policy
Cecchetti, Stephen G. - 2000
This paper discusses how optimal monetary policy is affected by differences in the combination of shocks an economy experiences and the rigidities it exhibits. Without both nominal rigidities and economic shocks, monetary policy would be irrelevant. Recognizing this, policymakers increasingly...
Persistent link: https://www.econbiz.de/10012471294
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Practical issues in monetary policy targeting
Cecchetti, Stephen G. - In: Economic review 32 (1996) 1, pp. 2-15
Persistent link: https://www.econbiz.de/10001209064
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Structural estimates of the US sacrifice ratio
Cecchetti, Stephen G.; Rich, Robert W. - In: Journal of business & economic statistics : JBES ; a … 19 (2001) 4, pp. 416-427
Persistent link: https://www.econbiz.de/10001646355
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Understanding inflation : implications for monetary policy
Cecchetti, Stephen G.; Groshen, Erica L. - In: Advances in macroeconomic theory, (pp. 113-135). 2001
Persistent link: https://www.econbiz.de/10001617175
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Does inflation targeting increase output volatility? : An international comparison of policymakers' preferences and outcomes
Cecchetti, Stephen G.; Ehrmann, Michael - 1999
Persistent link: https://www.econbiz.de/10001436496
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Understanding inflation : implications for monetary policy
Cecchetti, Stephen G.; Groshen, Erica L. - 2000
Persistent link: https://www.econbiz.de/10001440670
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Does inflation targeting increase output volatility? : An international comparison of policymakers' preferences and outcomes
Cecchetti, Stephen G.; Ehrmann, Michael - 2000
Persistent link: https://www.econbiz.de/10001533259
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Structural estimates of the US sacrifice ratio
Cecchetti, Stephen G.; Rich, Robert W. - 1999
Persistent link: https://www.econbiz.de/10001398217
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Does inflation targeting increase output volatility? : An international comparison of policymakers' preferences and outcomes
Cecchetti, Stephen G.; Ehrmann, Michael - In: Monetary policy: rules and transmission mechanisms, (pp. 247-274). 2002
Persistent link: https://www.econbiz.de/10001669058
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Understanding Inflation : Implications for Monetary Policy
Cecchetti, Stephen G.; Groshen, Erica L. - 2021
This paper discusses how optimal monetary policy is affected by differences in the combination of shocks an economy experiences and the rigidities it exhibits. Without both nominal rigidities and economic shocks, monetary policy would be irrelevant. Recognizing this, policymakers increasingly...
Persistent link: https://www.econbiz.de/10013223871