Showing 1 - 10 of 156,894
: (i) monetary volatility negatively affects long-run growth; (ii) the relation between nominal volatility and growth … increases the negative effect of nominal volatility on mean growth. …We introduce endogenous growth in an otherwise standard NK model with staggered prices and wages. Some results follow …
Persistent link: https://www.econbiz.de/10010343890
: (i) monetary volatility negatively affects long-run growth; (ii) the relation between nominal volatility and growth … increases the negative effect of nominal volatility on mean growth. …We introduce endogenous growth in an otherwise standard NK model with staggered prices and wages. Some results follow …
Persistent link: https://www.econbiz.de/10008865975
: (i) monetary volatility negatively affects long-run growth; (ii)the relation between nominal volatility and growth … increases the negative effect of nominal volatility on mean growth. …We introduce endogenous growth in an otherwise standard NK model with staggered prices and wages. Some results follow …
Persistent link: https://www.econbiz.de/10008685157
: (i) monetary volatility negatively affects long-run growth; (ii) the relation between nominal volatility and growth … increases the negative effect of nominal volatility on mean growth. …We introduce endogenous growth in an otherwise standard NK model with staggered prices and wages. Some results follow …
Persistent link: https://www.econbiz.de/10009651064
We introduce endogenous growth in a standard NK model with staggered prices and wages. We find that the source of … nominal rigidities, the shock persistence and the type of Taylor rule affect the relationship between monetary volatility and … growth. …
Persistent link: https://www.econbiz.de/10010572164
: (i) monetary volatility negatively affects long-run growth; (ii) the relation between nominal volatility and growth … increases the negative effect of nominal volatility on mean growth. …We introduce endogenous growth in an otherwise standard NK model with staggered prices and wages. Some results follow …
Persistent link: https://www.econbiz.de/10010335303
growth and shocks volatility in a model with procyclical R&D and imperfect competition in goods and labor markets. We show …We study the implications of having different sources of nominal rigidities on the relationship between productivity … that the effects of uncertainty on long-term growth not only depends on the source of fluctuations, as recent literature …
Persistent link: https://www.econbiz.de/10013120110
ambiguity on the relationship between secular growth and cyclical volatility …This paper presents a stochastic monetary growth model with nominal rigidities and active monetary policy in which …
Persistent link: https://www.econbiz.de/10004975710
growth and shocks volatility in a model with procyclical R&D and imperfect competition in goods and labour markets. We show …We study the implications of having different sources of nominal rigidities on the relationship between productivity … that the effects of uncertainty on long-term growth not only depends on the source of fluctuations, as recent literature …
Persistent link: https://www.econbiz.de/10009323371
growth and shocks volatility in a model with pro-cyclical R&D and imperfect competition in goods and labour markets. We show …We study the implications of having different sources of nominal rigidities on the relationship between productivity … that the effects of uncertainty on long-term growth not only depend on the source of fluctuations, as recent literature …
Persistent link: https://www.econbiz.de/10010742266