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The welfare loss from unstable inflation
14 references·12 citing·33 second hop
The welfare loss from unstable inflation (2007)The welfare loss from unstable inflationNew Perspectives on Monetary Policy, Inflation, and the Business Cycle (2010)New Perspectives on Monetary …Monetary Policy and Exchange Rate Volatility in a Small Open Economy (2005)Monetary Policy and Exchange …INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY (2005)INTEREST AND PRICES: FOUNDATI…Interest and prices : foundations of a theory of monetary policy (2003)Interest and prices : foundat…New Perspectives on Monetary Policy, Inflation, and the Business Cycle (2002)New Perspectives on Monetary …Monetary Policy and Exchange Rate Volatility in a Small Open Economy (2002)Monetary Policy and Exchange …Sticky-price models of the business cycle: Specification and stability (2001)Sticky-price models of the bu…The Science of Monetary Policy: A New Keynesian Perspective (1999)The Science of Monetary Polic…An Optimization-Based Econometric Framework for the Evaluation of Monetary Policy (1997)An Optimization-Based Econome…Staggered Prices in a Utility-Maximizing Framework (1996)Staggered Prices in a Utility…Advances in Economic Theory (1993)Advances in Economic TheoryThe New Keynesian Microfoundations (1987)The New Keynesian Microfounda…Staggered prices in a utility-maximizing framework (1983)Staggered prices in a utility…Sticky Prices in the United States (1982)Sticky Prices in the United S…Monetary Policy When Export Revenues Drop (2022)Monetary Policy When Export R…Learning by Sharing: Monetary Policy and Common Knowledge (2022)Learning by Sharing: Monetary…Uncertainty shocks, precautionary pricing, and optimal monetary policy (2021)Uncertainty shocks, precautio…THE PROPAGATION OF UNCERTAINTY SHOCKS: ROTEMBERG VERSUS CALVO (2020)THE PROPAGATION OF UNCERTAINT…THE NEW KEYNESIAN WAGE PHILLIPS CURVE: CALVO VS. ROTEMBERG (2018)THE NEW KEYNESIAN WAGE PHILLI…Sectoral Labor Mobility and Optimal Monetary Policy (2017)Sectoral Labor Mobility and O…The Inflation Bias Under Calvo and Rotemberg Pricing (2016)The Inflation Bias Under Calv…Is Rotemberg pricing justified by macro data? (2016)Is Rotemberg pricing justifie…Real wage rigidities and disinflation dynamics: Calvo vs. Rotemberg pricing (2010)Real wage rigidities and disi…Optimal sustainable monetary policy (2008)Optimal sustainable monetary …Macroeconometric Equivalence, Microeconomic Dissonance, and the Design of Monetary Policy (2008)Macroeconometric Equivalence,…Welfare Implications of Calvo Vs. Rotemberg Pricing Assumptions (2007)Welfare Implications of Calvo…"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)Econometric policy evaluation: A critique (1976)The federal funds rate and the channels of monetary transmission (1989)Zero Bound on Interest Rates and Optimal Monetary Policy (2003)Some Evidence on the Importance of Sticky Prices (2004)Understanding the Effects of Government Spending on Consumption (2007)Discretion versus policy rules in practice (1993)Interactions of Commitment and Discretion in Monetary and Fiscal Policies (2000)Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory* (2000)Discretionary monetary policy and the zero lower bound on nominal interest rates (2006)Optimal monetary policy under low trend inflation (2007)Time Series Analysis Forecasting and Control. (1971)Time Series Analysis: Forecasting and Control (1977)Monetary Theory and Policy (1999)Monetary Policy According to HANK (2018)Rules, discretion and reputation in a model of monetary policy (1983)Time Varying Structural Vector Autoregressions and Monetary Policy (2005)Housing Market Spillovers: Evidence from an Estimated DSGE Model (2010)Optimal monetary policy with staggered wage and price contracts (2000)Optimal simple and implementable monetary and fiscal rules (2006)Bayesian estimation of an open economy DSGE model with incomplete pass-through (2007)The economic effects of trade policy uncertainty (2019)The Financial Accelerator in a Quantitative Business Cycle Framework (1998)Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy (2005)Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach (2007)Real Wage Rigidities and the New Keynesian Model (2007)Learning from Inflation Experiences * (2015)U.S. Monetary Policy and the Global Financial Cycle (2020)
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References

  • 1983Staggered prices in a utility-maximizing framework7,892 cited
  • 2005INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY5,508 cited
  • 1999The Science of Monetary Policy: A New Keynesian Perspective4,927 cited
  • 1996Staggered Prices in a Utility-Maximizing Framework4,369 cited
  • 1997An Optimization-Based Econometric Framework for the Evaluation of Monetary Policy2,077 cited
  • 1982Sticky Prices in the United States1,917 cited
  • 2005Monetary Policy and Exchange Rate Volatility in a Small Open Economy1,453 cited
  • 2002Monetary Policy and Exchange Rate Volatility in a Small Open Economy1,278 cited
  • 2003Interest and prices : foundations of a theory of monetary policy1,275 cited
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  • 2001Sticky-price models of the business cycle: Specification and stability347 cited
  • 1993Advances in Economic Theory327 cited
  • 1987The New Keynesian Microfoundations292 cited
  • 2002New Perspectives on Monetary Policy, Inflation, and the Business Cycle158 cited

Cited by

  • 2008Optimal sustainable monetary policy40 cited

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  • 2018THE NEW KEYNESIAN WAGE PHILLIPS CURVE: CALVO VS. ROTEMBERG34 cited
  • 2020THE PROPAGATION OF UNCERTAINTY SHOCKS: ROTEMBERG VERSUS CALVO33 cited
  • 2016Is Rotemberg pricing justified by macro data?30 cited
  • 2010Real wage rigidities and disinflation dynamics: Calvo vs. Rotemberg pricing28 cited
  • 2007Welfare Implications of Calvo Vs. Rotemberg Pricing Assumptions27 cited
  • 2016The Inflation Bias Under Calvo and Rotemberg Pricing21 cited
  • 2021Uncertainty shocks, precautionary pricing, and optimal monetary policy14 cited
  • 2008Macroeconometric Equivalence, Microeconomic Dissonance, and the Design of Monetary Policy14 cited
  • 2022Monetary Policy When Export Revenues Drop10 cited
  • 2017Sectoral Labor Mobility and Optimal Monetary Policy10 cited
  • 2022Learning by Sharing: Monetary Policy and Common Knowledge10 cited