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Monetary policy and welfare in a small open economy
16 references·16 citing·45 second hopsampled
Monetary policy and welfare in a small open economy (2008)Monetary policy and welfare in a small op…International Risk Sharing and the Transmission of Productivity Shocks (2008)International Risk Sharing an…Do central banks respond to exchange rate movements? A structural investigation (2007)Do central banks respond to e…Bayesian estimation of an open economy DSGE model with incomplete pass-through (2007)Bayesian estimation of an ope…Monetary Policy and Exchange Rate Volatility in a Small Open Economy (2005)Monetary Policy and Exchange …International dimensions of optimal monetary policy (2005)International dimensions of o…What Is Wrong with Taylor Rules? Using Judgment in Monetary Policy through Targeting Rules (2003)What Is Wrong with Taylor Rul…Solving dynamic general equilibrium models using a second-order approximation to the policy function (2003)Solving dynamic general equil…Price Stability in Open Economies (2003)Price Stability in Open Econo…Monetary Policy in the Open Economy Revisited: Price Setting and Exchange-Rate Flexibility (2003)Monetary Policy in the Open E…An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area (2003)An Estimated Dynamic Stochast…Can Sticky Price Models Generate Volatile and Persistent Real Exchange Rates? (2002)Can Sticky Price Models Gener…Welfare and Macroeconomic Interdependence (2001)Welfare and Macroeconomic Int…Optimal monetary policy responses to relative-price changes (2001)Optimal monetary policy respo…Optimal Monetary Policy Inertia (1999)Optimal Monetary Policy Inert…Exchange Rate Dynamics Redux (1995)Exchange Rate Dynamics ReduxStaggered prices in a utility-maximizing framework (1983)Staggered prices in a utility…Optimal exchange-rate policy under collateral constraints and wage rigidity (2021)Optimal exchange-rate policy …The Long-Run Effects of Monetary Policy (2020)The Long-Run Effects of Monet…Understanding the Gains from Wage Flexibility: The Exchange Rate Connection (2016)Understanding the Gains from …World food prices and monetary policy (2015)World food prices and monetar…Two targets, two instruments: Monetary and exchange rate policies in emerging market economies (2015)Two targets, two instruments:…Elasticity Optimism (2015)Elasticity OptimismTwo Targets, Two Instruments (2012)Two Targets, Two InstrumentsLinear-quadratic approximation of optimal policy problems (2011)Linear-quadratic approximatio…Fiscal Stimulus with Spending Reversals (2011)Fiscal Stimulus with Spending…Currency Misalignments and Optimal Monetary Policy: A Reexamination (2011)Currency Misalignments and Op…Optimal Monetary Policy in Open Economies (2010)Optimal Monetary Policy in Op…Optimal Monetary Policy in Open Economies (2010)Optimal Monetary Policy in Op…Monetary Policy under Alternative Asset Market Structures: The Case of a Small Open Economy (2009)Monetary Policy under Alterna…Optimal Monetary Policy in a Small Open Economy with Home Bias (2008)Optimal Monetary Policy in a …Linear-Quadratic Approximation of Optimal Policy Problems (2006)Linear-Quadratic Approximatio…Inflation Stabilization and Welfare: The Case of a Distorted Steady State (2005)Inflation Stabilization and W…"Rational" Expectations, the Optimal Monetary Instrument, and the Optimal Money Supply Rule (1975)Inflation and Costs of Price Adjustment (1977)Aggregate Dynamics and Staggered Contracts (1980)Behavioral Macroeconomics and Macroeconomic Behavior (2002)Employment Fluctuations with Equilibrium Wage Stickiness (2005)Unemployment Fluctuations with Staggered Nash Wage Bargaining (2009)Expectations and Exchange Rate Dynamics (1976)Optimal monetary policy in a currency area (2003)Monetary Policy and Exchange Rate Volatility in a Small Open Economy (2005)The Quarterly Journal of Economics (2024)Staggered Prices in a Utility-Maximizing Framework (1996)INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY (2005)Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy (2005)The general equilibrium effects of fiscal policy: Estimates for the Euro area (2008)Trend Inflation, Indexation, and Inflation Persistence in the New Keynesian Phillips Curve (2008)The Econometrics of DSGE Models (2009)Econometric policy evaluation: A critique (1976)The Optimal Degree of Commitment to an Intermediate Monetary Target (1985)Discretion versus policy rules in practice (1993)One Money, One Market: Estimating the Effect of Common Currencies on Trade (1999)Learning about monetary policy rules (2002)An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area (2010)Interest and Prices (2004)Currency Choice and Exchange Rate Pass-Through (2010)International Liquidity and Exchange Rate Dynamics * (2015)Dominant Currency Paradigm (2020)The Science of Monetary Policy: A New Keynesian Perspective (1999)Optimal monetary policy with staggered wage and price contracts (2000)Optimal simple and implementable monetary and fiscal rules (2006)Monetary Policy, Inflation, and the Business Cycle: An Introduction to the New Keynesian Framework (2009)The Solution of Linear Difference Models under Rational Expectations (1980)Time to Build and Aggregate Fluctuations (1982)Numerical Methods in Economics (1998)Remittances and the Dutch disease (2009)Capital regulation and monetary policy with fragile banks (2013)Policy risk and the business cycle (2014)Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory* (2000)Monetary Policy and Exchange Rate Volatility in a Small Open Economy (2002)Pricing-to-Market, Trade Costs, and International Relative Prices (2008)Fiscal Stimulus in a Monetary Union: Evidence from US Regions (2014)It's Baaack: Japan's Slump and the Return of the Liquidity Trap (1998)The Economics of Exchange Rates (2003)House Prices, Borrowing Constraints, and Monetary Policy in the Business Cycle (2005)Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach (2007)Understanding the Effects of Government Spending on Consumption (2007)
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References

  • 1983Staggered prices in a utility-maximizing framework7,892 cited
  • 2003An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area3,519 cited
  • 1995Exchange Rate Dynamics Redux2,110 cited
  • 2005Monetary Policy and Exchange Rate Volatility in a Small Open Economy1,453 cited
  • 2003Solving dynamic general equilibrium models using a second-order approximation to the policy function1,216 cited
  • 2002Can Sticky Price Models Generate Volatile and Persistent Real Exchange Rates?1,142 cited
  • 1999Optimal Monetary Policy Inertia998 cited
  • 2007Bayesian estimation of an open economy DSGE model with incomplete pass-through852 cited
  • 2003Monetary Policy in the Open Economy Revisited: Price Setting and Exchange-Rate Flexibility755 cited
  • 2001Welfare and Macroeconomic Interdependence732 cited
  • 2003What Is Wrong with Taylor Rules? Using Judgment in Monetary Policy through Targeting Rules703 cited
  • 2008International Risk Sharing and the Transmission of Productivity Shocks648 cited
  • 2007Do central banks respond to exchange rate movements? A structural investigation597 cited
  • 2001Optimal monetary policy responses to relative-price changes557 cited
  • 2005International dimensions of optimal monetary policy

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521 cited
  • 2003Price Stability in Open Economies422 cited
  • Cited by

    • 2005Inflation Stabilization and Welfare: The Case of a Distorted Steady State325 cited
    • 2015Two targets, two instruments: Monetary and exchange rate policies in emerging market economies251 cited
    • 2010Optimal Monetary Policy in Open Economies249 cited
    • 2011Fiscal Stimulus with Spending Reversals241 cited
    • 2011Currency Misalignments and Optimal Monetary Policy: A Reexamination238 cited
    • 2011Linear-quadratic approximation of optimal policy problems218 cited
    • 2015Elasticity Optimism200 cited
    • 2012Two Targets, Two Instruments198 cited
    • 2008Optimal Monetary Policy in a Small Open Economy with Home Bias169 cited
    • 2010Optimal Monetary Policy in Open Economies142 cited
    • 2016Understanding the Gains from Wage Flexibility: The Exchange Rate Connection125 cited
    • 2006Linear-Quadratic Approximation of Optimal Policy Problems94 cited
    • 2009Monetary Policy under Alternative Asset Market Structures: The Case of a Small Open Economy83 cited
    • 2021Optimal exchange-rate policy under collateral constraints and wage rigidity79 cited
    • 2015World food prices and monetary policy70 cited
    • 2020The Long-Run Effects of Monetary Policy61 cited