Showing 1 - 10 of 74
Persistent link: https://www.econbiz.de/10003883562
This paper sets up a canonical new Keynesian small open economy model with nominal price rigidities to explore the impact of habit persistence and exchange rate pass-through on the welfare ranking of alternative monetary policy rules. It identifies three factors that can affect the welfare...
Persistent link: https://www.econbiz.de/10008732269
Persistent link: https://www.econbiz.de/10003549666
Persistent link: https://www.econbiz.de/10009490315
Persistent link: https://www.econbiz.de/10011308010
Persistent link: https://www.econbiz.de/10011311657
Persistent link: https://www.econbiz.de/10002252609
Persistent link: https://www.econbiz.de/10001989330
Persistent link: https://www.econbiz.de/10002461639
Persistent link: https://www.econbiz.de/10001487594