Jordi Galí

Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)

Director and Senior Researcher

Ramon Trias Fargas, 25-27

Barcelona, 08005

Spain

http://www.econ.upf.es/~gali

Massachusetts Institute of Technology (MIT) - Department of Economics

50 Memorial Drive

Cambridge, MA 02142

United States

Centre for Economic Policy Research (CEPR)

Fellow

London

United Kingdom

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

68

DOWNLOADS
Rank 4,465

SSRN RANKINGS

Top 4,465

in Total Papers Downloads

17,902

TOTAL CITATIONS
Rank 33

SSRN RANKINGS

Top 33

in Total Papers Citations

2,358

Scholarly Papers (68)

1.

The Macroeconomic Effects of Oil Price Shocks: Why are the 2000s so Different from the 1970s?

MIT Department of Economics Working Paper No. 07-21
Number of pages: 76 Posted: 26 Aug 2007 Last Revised: 01 Apr 2008
Olivier J. Blanchard and Jordi Galí
National Bureau of Economic Research (NBER) and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 3,645 (6,515)
Citation 27

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oil, oil price, inflation, credibility, oil share, Great moderation, supply shocks, stagflation, monetary policy, real wage rigidities

2.
Downloads 2,526 (11,639)
Citation 50

Real Wage Rigidities and the New Keynesian Model

MIT Department of Economics Working Paper No. 05-28, FRB Boston Working Paper No. 05-14
Number of pages: 37 Posted: 07 Nov 2005
Olivier J. Blanchard and Jordi Galí
National Bureau of Economic Research (NBER) and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 2,369 (12,672)
Citation 10

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oil price shocks, inflation targeting, monetary policy, inflation inertia

Real Wage Rigidities and the New Keynesian Model

NBER Working Paper No. w11806
Number of pages: 37 Posted: 24 Jan 2006 Last Revised: 06 Oct 2022
Olivier J. Blanchard and Jordi Galí
National Bureau of Economic Research (NBER) and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 113 (504,951)
Citation 15

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Real Wage Rigidities and the New Keynesian Model

CEPR Discussion Paper No. 5375
Number of pages: 39 Posted: 22 Feb 2006
Jordi Galí and Olivier J. Blanchard
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and National Bureau of Economic Research (NBER)
Downloads 44 (856,336)
Citation 25
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Oil price shocks, inflation targeting, monetary policy, inflation inertia

3.

Labor Markets and Monetary Policy: A New-Keynesian Model with Unemployement

MIT Department of Economics Working Paper No. 06-22, CFS Working Paper No. 2007/08
Number of pages: 42 Posted: 31 Jul 2006
Olivier J. Blanchard and Jordi Galí
National Bureau of Economic Research (NBER) and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 2,339 (13,182)
Citation 2

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New-Keynesian model, labor market frictions, search model, unemployment, sticky prices, real wage rigidities

The Science of Monetary Policy: A New Keynesian Perspective

Universitat Pompeu Fabra Economics WP No. 356
Number of pages: 99 Posted: 09 Jun 1999
Richard Clarida, Jordi Galí and Mark Gertler
Columbia University - Graduate School of Arts and Sciences - Department of Eco, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and New York University - Leonard N. Stern School of Business - Department of Economics
Downloads 883 (55,723)
Citation 156

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The Science of Monetary Policy: a New Keynesian Perspective

NBER Working Paper No. w7147
Number of pages: 105 Posted: 13 Aug 1999 Last Revised: 14 Jul 2022
Richard Clarida, Jordi Galí and Mark Gertler
Columbia University - Graduate School of Arts and Sciences - Department of Eco, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and New York University - Leonard N. Stern School of Business - Department of Economics
Downloads 302 (206,415)
Citation 245

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5.

A New Keynesian Model with Unemployment

National Bank of Belgium Working Paper No. 92
Number of pages: 57 Posted: 09 Oct 2010
Olivier J. Blanchard and Jordi Galí
National Bureau of Economic Research (NBER) and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 714 (75,145)
Citation 136

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new Keynesian model, labor market frictions, search model, unemployment, sticky prices, real wage rigidities

Monetary Policy and Exchange Rate Volatility in a Small Open Economy

UPF Economics and Business Working Paper 835
Number of pages: 39 Posted: 29 Nov 2005
Jordi Galí and Tommaso Monacelli
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and Bocconi University - Department of Economics
Downloads 451 (131,530)
Citation 37

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Small open economy, optimal monetary policy, sticky prices, exchange rate peg, exchange rate volatility

Monetary Policy and Exchange Rate Volatility in a Small Open Economy

NBER Working Paper No. w8905
Number of pages: 45 Posted: 18 Apr 2002 Last Revised: 02 Nov 2022
Jordi Galí and Tommaso Monacelli
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and Bocconi University - Department of Economics
Downloads 195 (318,728)
Citation 4

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Monetary Policy and Exchange Rate Volatility in a Small Open Economy

Number of pages: 47 Posted: 04 Jun 2002
Jordi Galí and Tommaso Monacelli
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and Bocconi University - Department of Economics
Downloads 30 (986,269)
Citation 79
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Small open economy, optimal monetary policy, sticky prices, exchange rate peg, exchange rate volatility

Understanding the Effects of Government Spending on Consumption

ECB Working Paper No. 339, FRB International Finance Discussion Paper No. 805
Number of pages: 56 Posted: 25 Aug 2004
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI), Board of Governors of the Federal Reserve System and Government of the Kingdom of Spain - Economic Bureau of the President
Downloads 473 (124,179)
Citation 21

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rule-of-thumb consumers, scal multiplier, government spending, Taylor rules

Understanding the Effects of Government Spending on Consumption

NBER Working Paper No. w11578
Number of pages: 54 Posted: 17 Oct 2005 Last Revised: 20 Feb 2022
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI), Board of Governors of the Federal Reserve System and Government of the Kingdom of Spain - Economic Bureau of the President
Downloads 115 (498,129)
Citation 215

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Understanding the Effects of Government Spending on Consumption

CEPR Discussion Paper No. 5212
Number of pages: 57 Posted: 07 Oct 2005
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI), Board of Governors of the Federal Reserve System and Government of the Kingdom of Spain - Economic Bureau of the President
Downloads 23 (1,065,661)
Citation 47
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Rule-of-thumb consumers, non-Ricardian households, fiscal multiplier, government spending, Taylor rules

Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory

NBER Working Paper No. w6442
Number of pages: 38 Posted: 21 Jul 2000 Last Revised: 10 Aug 2022
Richard Clarida, Jordi Galí and Mark Gertler
Columbia University - Graduate School of Arts and Sciences - Department of Eco, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and New York University - Leonard N. Stern School of Business - Department of Economics
Downloads 395 (153,714)
Citation 81

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Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory

CEPR Discussion Paper Series Number 1908
Posted: 24 Sep 1998
Richard Clarida, Jordi Galí and Mark Gertler
Columbia University - Graduate School of Arts and Sciences - Department of Eco, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and New York University - Leonard N. Stern School of Business - Department of Economics

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9.

The New Keynesian Approach to Monetary Policy Analysis: Lessons and New Directions

Number of pages: 18 Posted: 19 Mar 2008
Jordi Galí
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 340 (183,139)
Citation 2

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Sticky prices, optimal policy, interest rate rules, policy tradeoffs, credibility, gains from commitment

Monetary Policy Rules in Practice: Some International Evidence

NBER Working Paper No. w6254
Number of pages: 47 Posted: 21 Jul 2000 Last Revised: 05 Aug 2022
Richard Clarida, Jordi Galí and Mark Gertler
Columbia University - Graduate School of Arts and Sciences - Department of Eco, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and New York University - Leonard N. Stern School of Business - Department of Economics
Downloads 315 (197,107)
Citation 47

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Monetary Policy Rules in Practice: Some International Evidence

CEPR Discussion Paper Series Number 1750
Posted: 27 Feb 1998
Richard Clarida, Jordi Galí and Mark Gertler
Columbia University - Graduate School of Arts and Sciences - Department of Eco, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and New York University - Leonard N. Stern School of Business - Department of Economics

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11.
Downloads 280 (224,856)
Citation 23

Macroeconomic Modeling for Monetary Policy Evaluation

Number of pages: 50 Posted: 27 Jul 2007
Jordi Galí and Mark Gertler
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and New York University - Leonard N. Stern School of Business - Department of Economics
Downloads 191 (324,902)
Citation 2

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New Keynesian models, microeconomic foundations, nominal rigidities, interest rate rules

Macroeconomic Modeling for Monetary Policy Evaluation

NBER Working Paper No. w13542
Number of pages: 51 Posted: 24 Oct 2007 Last Revised: 02 Jan 2022
Jordi Galí and Mark Gertler
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and New York University - Leonard N. Stern School of Business - Department of Economics
Downloads 89 (596,563)
Citation 21

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12.
Downloads 261 (241,392)
Citation 70

Unemployment in an Estimated New Keynesian Model

National Bank of Poland Working Paper No. 106
Number of pages: 46 Posted: 17 Feb 2012
Jordi Galí, Frank Smets and Rafael Wouters
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI), Ghent University - Department of General Economics and National Bank of Belgium
Downloads 204 (305,514)
Citation 32

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nominal rigidities, unemployment fluctuations, Phillips curve, wage markups shocks, output gap

Unemployment in an Estimated New Keynesian Model

NBER Working Paper No. w17084
Number of pages: 53 Posted: 31 May 2011 Last Revised: 08 Mar 2023
Jordi Galí, Frank Smets and Rafael Wouters
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI), Ghent University - Department of General Economics and National Bank of Belgium
Downloads 52 (795,679)
Citation 30

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Unemployment in an Estimated New Keynesian Model

CEPR Discussion Paper No. DP8401
Number of pages: 55 Posted: 26 May 2011
Jordi Galí, Frank Smets and Rafael Wouters
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI), Ghent University - Department of General Economics and National Bank of Belgium
Downloads 5 (1,299,004)
Citation 8
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Nominal rigidities, output gap, Phillips curve, unemployment fluctuations, wage markup shocks

13.

Inflation Dynamics: A Structural Econometric Analysis

NBER Working Paper No. w7551
Number of pages: 31 Posted: 05 May 2000 Last Revised: 21 Aug 2022
Jordi Galí and Mark Gertler
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and New York University - Leonard N. Stern School of Business - Department of Economics
Downloads 259 (243,290)
Citation 160

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14.
Downloads 222 (283,076)
Citation 19

On the Sources of the Great Moderation

Number of pages: 59 Posted: 27 Jul 2007
Jordi Galí and Luca Gambetti
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and Universitat Pompeu Fabra - Department of Economics and Business (DEB)
Downloads 147 (409,341)
Citation 2

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Great Moderation, structural VAR, technology shocks, monetary policy rules, labor hoarding

On the Sources of the Great Moderation

NBER Working Paper No. w14171
Number of pages: 57 Posted: 16 Jul 2008 Last Revised: 22 Sep 2022
Jordi Galí and Luca Gambetti
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and Universitat Pompeu Fabra - Department of Economics and Business (DEB)
Downloads 69 (690,972)
Citation 2

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On the Sources of the Great Moderation

CEPR Discussion Paper No. DP6632
Number of pages: 61 Posted: 05 Jun 2008
Jordi Galí and Luca Gambetti
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and Universitat Pompeu Fabra - Department of Economics and Business (DEB)
Downloads 6 (1,288,302)
Citation 15
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Great Moderation, Labour hoarding, Monetary policy rules, Structural VARs, Technology Shocks

New Perspectives on Monetary Policy, Inflation, and the Business Cycle

NBER Working Paper No. w8767
Number of pages: 52 Posted: 07 Feb 2002 Last Revised: 17 Dec 2022
Jordi Galí
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 192 (323,332)

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New Perspectives on Monetary Policy, Inflation and the Business Cycle

Number of pages: 53 Posted: 08 Mar 2002
Jordi Galí
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 18 (1,129,290)
Citation 5
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Nominal rigidities, monetary policy, Phillips Curve, monetary policy rules

16.

European Inflation Dynamics

NBER Working Paper No. w8218
Number of pages: 40 Posted: 29 Mar 2001 Last Revised: 17 Dec 2022
Jordi Galí, Mark Gertler and David Lopez-Salido
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI), New York University - Leonard N. Stern School of Business - Department of Economics and Board of Governors of the Federal Reserve System
Downloads 200 (312,235)
Citation 21

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17.
Downloads 188 (330,402)
Citation 2

Modern Perspectives on Stabilization Policies

Number of pages: 22 Posted: 15 Nov 2005
Jordi Galí
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 94 (576,070)
Citation 1

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Business cycles, inefficient allocations, government spending multiplier, non-Ricardian households, countercyclical policies

Modern Perspectives on Stabilization Policies

UPF Economics and Business Working Paper 830
Number of pages: 26 Posted: 29 Nov 2005
Jordi Galí
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 94 (576,070)
Citation 1

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Business cycles, inefficient allocations, government spending multiplier, non-Ricardian households, countercyclical policies

The Macroeconomic Effects of Oil Shocks: Why are the 2000s so Different from the 1970s?

NBER Working Paper No. w13368
Number of pages: 78 Posted: 10 Sep 2007 Last Revised: 13 Jul 2022
Olivier J. Blanchard and Jordi Galí
National Bureau of Economic Research (NBER) and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 158 (385,058)

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The Macroeconomic Effects of Oil Shocks: Why are the 2000s so Different from the 1970s?

CEPR Discussion Paper No. DP6631
Number of pages: 79 Posted: 05 Jun 2008
Olivier J. Blanchard and Jordi Galí
National Bureau of Economic Research (NBER) and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 10 (1,238,376)
Citation 11
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Great Moderation, Monetary policy credibility, Real wage rigidities, Sticky Prices

Markups, Gaps, and the Welfare Costs of Business Fluctuations

UPF Economics and Business Working Paper 836
Number of pages: 46 Posted: 29 Nov 2005
Jordi Galí, Mark Gertler and David Lopez-Salido
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI), New York University - Leonard N. Stern School of Business - Department of Economics and Board of Governors of the Federal Reserve System
Downloads 69 (690,972)
Citation 2

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Business cycles, countercyclical markups, welfare costs

Markups, Gaps, and the Welfare Costs of Business Fluctuations

NBER Working Paper No. w8850
Number of pages: 47 Posted: 01 Jun 2006 Last Revised: 04 Apr 2022
Jordi Galí, Mark Gertler and David Lopez-Salido
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI), New York University - Leonard N. Stern School of Business - Department of Economics and Board of Governors of the Federal Reserve System
Downloads 51 (802,715)
Citation 7

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Markups, Gaps and the Welfare Costs of Business Fluctuations

Number of pages: 46 Posted: 03 Jan 2004
Jordi Galí, Mark Gertler and David Lopez-Salido
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI), New York University - Leonard N. Stern School of Business - Department of Economics and Board of Governors of the Federal Reserve System
Downloads 26 (1,029,725)
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Markups, Gaps and the Welfare Costs of Business Fluctuations

Number of pages: 37 Posted: 19 Mar 2002
Jordi Galí, Mark Gertler and David Lopez-Salido
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI), New York University - Leonard N. Stern School of Business - Department of Economics and Board of Governors of the Federal Reserve System
Downloads 21 (1,090,557)
Citation 31
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Business cycles, countercyclical markups, welfare costs

20.
Downloads 165 (370,903)
Citation 21

The Vanishing Procyclicality of Labor Productivity

IZA Discussion Paper No. 5099
Number of pages: 44 Posted: 02 Aug 2010 Last Revised: 16 Apr 2023
Jordi Galí and Thijs van Rens
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and University of Warwick - Department of Economics
Downloads 160 (380,803)
Citation 17

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effort choice, wage rigidities, labor market frictions, labor hoarding

The Vanishing Procyclicality of Labor Productivity

CEPR Discussion Paper No. DP9853
Number of pages: 49 Posted: 02 Jun 2014
Jordi Galí and Thijs van Rens
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and University of Warwick - Department of Economics
Downloads 5 (1,299,004)
Citation 4
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effort choice, hiring frictions, labor hoarding, labor market turnover, wage rigidities

A Simple Framework for International Monetary Policy Analysis

NBER Working Paper No. w8870
Number of pages: 35 Posted: 04 Apr 2002 Last Revised: 28 Sep 2022
Richard Clarida, Jordi Galí and Mark Gertler
Columbia University - Graduate School of Arts and Sciences - Department of Eco, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and New York University - Leonard N. Stern School of Business - Department of Economics
Downloads 121 (478,682)
Citation 2

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A Simple Framework for International Monetary Policy Analysis

Number of pages: 37 Posted: 11 Jun 2002
Richard Clarida, Jordi Galí and Mark Gertler
Columbia University - Graduate School of Arts and Sciences - Department of Eco, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and New York University - Leonard N. Stern School of Business - Department of Economics
Downloads 29 (996,896)
Citation 21
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International monetary policy, Nash equilibrium, co-operation, marginal cost

22.

Technology, Employment, and the Business Cycle: Do Technology Shocks Explain Aggregate Fluctuations

NBER Working Paper No. w5721
Number of pages: 54 Posted: 28 Oct 1996 Last Revised: 21 Aug 2022
Jordi Galí
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 150 (401,991)
Citation 115

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23.
Downloads 143 (417,756)
Citation 39

Fiscal Policy and Monetary Integration in Europe

NBER Working Paper No. w9773
Number of pages: 45 Posted: 15 Jun 2003 Last Revised: 16 Sep 2022
Jordi Galí and Roberto Perotti
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and Bocconi University - Department of Economics
Downloads 115 (498,129)
Citation 25

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Fiscal Policy and Monetary Integration in Europe

Number of pages: 46 Posted: 08 Aug 2003
Jordi Galí and Roberto Perotti
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and Bocconi University - Department of Economics
Downloads 28 (1,007,794)
Citation 14
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Stabilization policy, counter-cyclical fiscal policy, European monetary integration, fiscal rules

24.

Sources of Real Exchange Rate Fluctuations: How Important are Nominal Shocks?

NBER Working Paper No. w4658
Number of pages: 84 Posted: 10 Jul 2000 Last Revised: 25 Sep 2022
Richard Clarida and Jordi Galí
Columbia University - Graduate School of Arts and Sciences - Department of Eco and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 137 (432,053)
Citation 38

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25.
Downloads 125 (464,377)
Citation 37

Optimal Monetary and Fiscal Policy in a Currency Union

NBER Working Paper No. w11815
Number of pages: 40 Posted: 19 Feb 2006 Last Revised: 15 Oct 2022
Jordi Galí and Tommaso Monacelli
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and Bocconi University - Department of Economics
Downloads 105 (533,560)
Citation 10

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Optimal Monetary and Fiscal Policy in a Currency Union

CEPR Discussion Paper No. 5374
Number of pages: 42 Posted: 20 Feb 2006
Jordi Galí and Tommaso Monacelli
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and Bocconi University - Department of Economics
Downloads 20 (1,103,367)
Citation 27
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Monetary union, sticky prices, countercyclical policy, inflation differentials

Trends in Hours, Balanced Growth and the Role of Technology in the Business Cycle

UPF Economics and Business Working Paper 829
Number of pages: 44 Posted: 29 Nov 2005
Jordi Galí
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 69 (690,972)

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Real business cycles, technology shocks, market frictions, balanced growth path,stationarity of hours

Trends in Hours, Balanced Growth, and the Role of Technology in the Business Cycle

NBER Working Paper No. w11130
Number of pages: 45 Posted: 14 Mar 2005 Last Revised: 01 Dec 2022
Jordi Galí
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 36 (926,691)

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Trends in Hours, Balanced Growth and the Role of Technology in the Business Cycle

Number of pages: 46 Posted: 14 Jun 2005
Jordi Galí
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 18 (1,129,290)
Citation 1
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Real business cycles, technology shocks, non-stationary hours

27.

Optimal Monetary Policy in Closed Versus Open Economies: An Integrated Approach

NBER Working Paper No. w8604
Number of pages: 14 Posted: 17 Nov 2001 Last Revised: 07 Jul 2022
Richard Clarida, Jordi Galí and Mark Gertler
Columbia University - Graduate School of Arts and Sciences - Department of Eco, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and New York University - Leonard N. Stern School of Business - Department of Economics
Downloads 121 (476,157)
Citation 28

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28.

Technology Shocks and Aggregate Fluctuations: How Well Does the Real Business Cycle Model Fit Postwar U.S. Data?

IMF Working Paper No. 04/234
Number of pages: 67 Posted: 09 Feb 2006
Jordi Galí and Pau Rabanal
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and International Monetary Fund
Downloads 115 (494,863)
Citation 12

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Real Business Cycles, Technology Shocks, Nominal Rigidities, Real Frictions

29.

Optimal Monetary and Fiscal Policy in a Currency Union

IGIER Working Paper No. 300
Number of pages: 40 Posted: 19 Dec 2005
Tommaso Monacelli and Jordi Galí
Bocconi University - Department of Economics and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 113 (501,438)
Citation 4

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monetary union, sticky prices, countercyclical policy, inflation differentials

The Effects of Monetary Policy on Stock Market Bubbles: Some Evidence

NBER Working Paper No. w19981
Number of pages: 38 Posted: 19 Mar 2014 Last Revised: 05 Feb 2023
Jordi Galí and Luca Gambetti
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and Universitat Autonoma de Barcelona
Downloads 105 (533,560)
Citation 10

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The Effects of Monetary Policy on Stock Market Bubbles: Some Evidence

CEPR Discussion Paper No. DP10070
Number of pages: 40 Posted: 25 Sep 2014
Jordi Galí and Luca Gambetti
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and Universitat Autonoma de Barcelona
Downloads 2 (1,326,942)
Citation 6
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asset price booms, financial stability, inflation targeting, leaning against the wind policies

31.
Downloads 104 (532,589)
Citation 5

Monetary Policy and Unemployment

NBER Working Paper No. w15871
Number of pages: 83 Posted: 05 Apr 2010 Last Revised: 15 May 2022
Jordi Galí
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 100 (552,740)

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Monetary Policy and Unemployment

CEPR Discussion Paper No. DP7771
Number of pages: 93 Posted: 12 Apr 2010
Jordi Galí
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 4 (1,308,764)
Citation 5
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labor market frictions, nominal rigidities, wage rigidities

32.

New Evidence on Inflation Persistence and Price Stickiness in the Euro Area: Implications for Macro Modelling

Number of pages: 12 Posted: 20 Jul 2007
Jordi Galí
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 104 (532,589)

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Price setting practices, macro modellling

The Optimal Inflation Target and the Natural Rate of Interest

Banque de France Working Paper No. 670
Number of pages: 62 Posted: 27 Mar 2018
Federal Reserve Bank of Boston, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI), Banque de France - Centre de Recherche and Banque de France
Downloads 77 (650,563)
Citation 1

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inflation target, effective lower bound

The Optimal Inflation Target and the Natural Rate of Interest

NBER Working Paper No. w24328
Number of pages: 61 Posted: 21 Feb 2018 Last Revised: 23 Jun 2023
Federal Reserve Bank of Boston, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI), Banque de France - Centre de Recherche and Banque de France
Downloads 19 (1,116,250)
Citation 23

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The Optimal Inflation Target and the Natural Rate of Interest

CEPR Discussion Paper No. DP12723
Number of pages: 63 Posted: 20 Feb 2018
Federal Reserve Bank of Boston, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI), Banque de France - Centre de Recherche and Banque de France
Downloads 3 (1,317,793)
Citation 5
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effective lower bound, inflation target

Rule-of-Thumb Consumers and the Design of Interest Rate Rules

NBER Working Paper No. w10392
Number of pages: 40 Posted: 26 May 2011 Last Revised: 25 Nov 2022
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI), affiliation not provided to SSRN and Government of the Kingdom of Spain - Economic Bureau of the President
Downloads 72 (675,389)
Citation 10

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Rule-of-Thumb Consumers and the Design of Interest Rate Rules

Number of pages: 42 Posted: 13 May 2004
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI), Board of Governors of the Federal Reserve System and Government of the Kingdom of Spain - Economic Bureau of the President
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Citation 4
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Taylor principle, interest rate rules, sticky prices, rule-of-thumb consumers

35.

Labor Markets and Monetary Policy: A New-Keynesian Model with Unemployment

NBER Working Paper No. w13897
Number of pages: 42 Posted: 21 Mar 2008 Last Revised: 23 Dec 2022
Olivier J. Blanchard and Jordi Galí
National Bureau of Economic Research (NBER) and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 81 (623,019)
Citation 86

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36.

Monetary Policy and Endogenous Financial Crises

Deutsche Bundesbank Discussion Paper No. 21/2022
Number of pages: 44 Posted: 27 Aug 2022
Bank for International Settlements (BIS), University of Toulouse Capitole - Toulouse School of Economics, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and Deutsche Bundesbank
Downloads 75 (649,948)
Citation 3

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financial crisis, monetary policy

37.

Robustness of the Estimates of the Hybrid New Keynesian Phillips Curve

NBER Working Paper No. w11788
Number of pages: 16 Posted: 24 Feb 2006 Last Revised: 18 Sep 2022
Jordi Galí, Mark Gertler and David Lopez-Salido
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI), New York University - Leonard N. Stern School of Business - Department of Economics and Board of Governors of the Federal Reserve System
Downloads 70 (673,979)
Citation 2

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Technology Shocks and Monetary Policy: Assessing the Fed's Performance

NBER Working Paper No. w8768
Number of pages: 29 Posted: 07 Feb 2002 Last Revised: 18 Dec 2022
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI), Board of Governors of the Federal Reserve System and Government of the Kingdom of Spain - Economic Bureau of the President
Downloads 52 (795,679)

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Technology Shocks and Monetary Policy: Assessing the Fed's Performance

Number of pages: 31 Posted: 14 Mar 2002
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI), Board of Governors of the Federal Reserve System and Government of the Kingdom of Spain - Economic Bureau of the President
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Citation 4
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Optimal monetary policy, monetary targeting, Taylor Rule, Fed behaviour

39.
Downloads 61 (722,249)
Citation 79

The Return of the Wage Phillips Curve

NBER Working Paper No. w15758
Number of pages: 48 Posted: 22 Feb 2010 Last Revised: 22 Jan 2023
Jordi Galí
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 56 (768,300)
Citation 60

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The Return of the Wage Phillips Curve

CEPR Discussion Paper No. DP7700
Number of pages: 49 Posted: 01 Mar 2010
Jordi Galí
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
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Citation 19
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New Keynesian model, staggered nominal wage setting, unemployment fluctuations

40.
Downloads 60 (727,893)
Citation 26

Slow Recoveries: A Structural Interpretation

NBER Working Paper No. w18085
Number of pages: 39 Posted: 19 May 2012 Last Revised: 02 Jun 2023
Jordi Galí, Frank Smets and Rafael Wouters
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI), Ghent University - Department of General Economics and National Bank of Belgium
Downloads 53 (788,684)
Citation 7

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Slow Recoveries: A Structural Interpretation

CEPR Discussion Paper No. DP8978
Number of pages: 41 Posted: 28 Sep 2012
Jordi Galí, Frank Smets and Rafael Wouters
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI), Ghent University - Department of General Economics and National Bank of Belgium
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Citation 19
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estimated DSGE models, Jobless recoveries, Okun's law, U.S. business cycle

41.

Constant Interest Rate Projections without the Curse of Indeterminacy

Number of pages: 11 Posted: 07 Nov 2007
Jordi Galí
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 60 (727,893)
Citation 7

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Interest rate peg, inflation targeting, conditional forecasts, interest rate rules, multiple equilibria

42.
Downloads 58 (739,735)
Citation 2

Are Central Banks' Projections Meaningful?

NBER Working Paper No. w16384
Number of pages: 30 Posted: 27 Sep 2010 Last Revised: 09 Apr 2023
Jordi Galí
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 50 (809,846)
Citation 1

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Are Central Banks' Projections Meaningful?

CEPR Discussion Paper No. DP8027
Number of pages: 32 Posted: 22 Nov 2010
Jordi Galí
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
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Citation 1
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conditinal forecats, constant interest rate projections, inflation targeting, interest rate path, interest rate rules, multiple equilibria

43.
Downloads 56 (751,990)
Citation 56

Monetary Policy and Rational Asset Price Bubbles

NBER Working Paper No. w18806
Number of pages: 54 Posted: 16 Feb 2013 Last Revised: 22 May 2022
Jordi Galí
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 50 (809,846)
Citation 36

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Monetary Policy and Rational Asset Price Bubbles

CEPR Discussion Paper No. DP9355
Number of pages: 55 Posted: 21 Feb 2013
Jordi Galí
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
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Citation 20
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Asset price volatility, Leaning against the wind policies, Monetary policy rules, Stabilization policies

44.

Technology Shocks and Aggregate Fluctuations: How Well Does the Rbs Model Fit Postwar U.S. Data?

NBER Working Paper No. w10636
Number of pages: 82 Posted: 23 Aug 2004 Last Revised: 25 Jul 2022
Jordi Galí and Pau Rabanal
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and La Caixa
Downloads 55 (758,272)
Citation 1

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Notes for a New Guide to Keynes (I): Wages, Aggregate Demand, and Employment

NBER Working Paper No. w18651
Number of pages: 39 Posted: 22 Dec 2012 Last Revised: 19 Jun 2022
Jordi Galí
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 43 (864,471)
Citation 18

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Notes for a New Guide to Keynes (I): Wages, Aggregate Demand, and Employment

CEPR Discussion Paper No. DP9285
Number of pages: 40 Posted: 01 Feb 2013
Jordi Galí
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 11 (1,224,684)
Citation 5
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employment stability, Monetary policy rules, Wage flexibility

The State of New Keynesian Economics: A Partial Assessment

NBER Working Paper No. w24845
Number of pages: 31 Posted: 01 Aug 2018 Last Revised: 22 May 2022
Jordi Galí
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 47 (832,616)
Citation 8

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The State of New Keynesian Economics: A Partial Assessment

CEPR Discussion Paper No. DP13095
Number of pages: 33 Posted: 06 Aug 2018
Jordi Galí
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
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47.

To Each According to...? Markets, Tournaments, and the Matching Problem with Borrowing Constraints

NBER Working Paper No. w5930
Number of pages: 46 Posted: 11 Jun 2000 Last Revised: 16 Sep 2022
Raquel Fernández and Jordi Galí
New York University - Leonard N. Stern School of Business, Department of Economics and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 49 (798,302)
Citation 1

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48.

Non-Walrasian Unemployment Fluctuations

NBER Working Paper No. w5337
Number of pages: 57 Posted: 20 Jul 2000 Last Revised: 03 Aug 2022
Jordi Galí
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 48 (805,478)

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49.

Patterns of Convergence and Divergence in the Euro Area

NBER Working Paper No. w19561
Number of pages: 39 Posted: 25 Oct 2013 Last Revised: 14 Jun 2023
Banco de España, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and Board of Governors of the Federal Reserve System
Downloads 46 (820,124)
Citation 4

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Has the U.S. Wage Phillips Curve Flattened? A Semi-Structural Exploration

NBER Working Paper No. w25476
Number of pages: 34 Posted: 23 Jan 2019 Last Revised: 10 Feb 2023
Jordi Galí and Luca Gambetti
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and University of Turin
Downloads 42 (872,853)

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Has the U.S. Wage Phillips Curve Flattened? a Semi-Structural Exploration

CEPR Discussion Paper No. DP13452
Number of pages: 36 Posted: 23 Jan 2019
Jordi Galí and Luca Gambetti
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and University of Turin
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Citation 13
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51.

Hysteresis and the European Unemployment Problem Revisited

NBER Working Paper No. w21430
Number of pages: 51 Posted: 03 Aug 2015 Last Revised: 23 Jul 2023
Jordi Galí
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 42 (850,685)

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52.
Downloads 41 (858,770)
Citation 14

The Effects of a Money-Financed Fiscal Stimulus

NBER Working Paper No. w26249
Number of pages: 33 Posted: 09 Sep 2019 Last Revised: 23 Mar 2023
Jordi Galí
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 37 (917,204)
Citation 7

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The Effects of a Money-Financed Fiscal Stimulus

CEPR Discussion Paper No. DP10165
Number of pages: 50 Posted: 30 Sep 2014
Jordi Galí
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
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Citation 7
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fiscal multiplier, government spending, seignorage

Understanding the Gains from Wage Flexibility: The Exchange Rate Connection

NBER Working Paper No. w22489
Number of pages: 38 Posted: 08 Aug 2016 Last Revised: 14 Jun 2023
Jordi Galí and Tommaso Monacelli
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and Bocconi University - Department of Economics
Downloads 39 (898,918)
Citation 5

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Understanding the Gains from Wage Flexibility: The Exchange Rate Connection

CEPR Discussion Paper No. DP9806
Number of pages: 55 Posted: 02 Jun 2014
Jordi Galí and Tommaso Monacelli
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and Bocconi University - Department of Economics
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Citation 9
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currency unions, exchange rate policy, exchange rate regime, monetary policy rules., New Keynesian model, nominal rigidities, stabilization policies, stabilization policy, sticky wages

54.

Should the ECB Adjust its Strategy in the Face of a Lower R*?

FRB of Boston Working Paper No. 22-1
Number of pages: 38 Posted: 08 Feb 2022
Federal Reserve Bank of Boston, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI), Banque de France - Centre de Recherche and Banque de France
Downloads 37 (892,704)

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inflation target, effective lower bound, monetary policy strategy, euro area

On the Empirical (Ir)Relevance of the Zero Lower Bound Constraint

NBER Working Paper No. w25820
Number of pages: 45 Posted: 13 May 2019 Last Revised: 21 Jul 2023
Davide Debortoli, Jordi Galí and Luca Gambetti
Universitat Pompeu Fabra - Department of Economics and Business, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and University of Turin
Downloads 30 (986,269)
Citation 30

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On the Empirical (Ir)Relevance of the Zero Lower Bound Constraint

CEPR Discussion Paper No. DP12691
Number of pages: 27 Posted: 14 Feb 2018
Davide Debortoli, Jordi Galí and Luca Gambetti
Universitat Pompeu Fabra - Department of Economics and Business, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and Universitat Autonoma de Barcelona
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Citation 17
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liquidity trap, regime changes, time-varying structural vector-autoregressive models, unconventional monetary policies

Idiosyncratic Income Risk and Aggregate Fluctuations

NBER Working Paper No. w29704
Number of pages: 42 Posted: 31 Jan 2022 Last Revised: 16 Apr 2023
Davide Debortoli and Jordi Galí
Universitat Pompeu Fabra - Department of Economics and Business and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 30 (985,751)

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Idiosyncratic Income Risk and Aggregate Fluctuations

CEPR Discussion Paper No. DP16952
Number of pages: 44 Posted: 04 Feb 2022
Davide Debortoli and Jordi Galí
Universitat Pompeu Fabra - Department of Economics and Business and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 1 (1,337,361)
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Economic Fluctuations, HANK models, Heterogeneous Agents, Idiosyncratic Shocks, monetary policy

Uncovered Interest Parity, Forward Guidance, and the Exchange Rate

NBER Working Paper No. w26797
Number of pages: 37 Posted: 02 Mar 2020 Last Revised: 22 Mar 2023
Jordi Galí
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 26 (1,041,051)

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Uncovered Interest Parity, Forward Guidance and the Exchange Rate

CEPR Discussion Paper No. DP14889
Number of pages: 39 Posted: 16 Jun 2020
Jordi Galí
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
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Citation 11
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forward guidance puzzle, open economy New Keynesian model, unconventional monetary policies, uncovered interest rate parity

Insider-Outsider Labor Markets, Hysteresis and Monetary Policy

NBER Working Paper No. w27385
Number of pages: 53 Posted: 22 Jun 2020 Last Revised: 30 Apr 2023
Jordi Galí
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
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Insider-Outsider Labor Markets, Hysteresis and Monetary Policy

CEPR Discussion Paper No. DP14886
Number of pages: 55 Posted: 16 Jun 2020
Jordi Galí
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
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Citation 3
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monetary policy tradeoffs, New Keynesian Model, Unemployment fluctuations, Wage Phillips Curve, Wage stickiness

59.

Monetary Policy and Bubbles in a New Keynesian Model with Overlapping Generations

NBER Working Paper No. w26796
Number of pages: 55 Posted: 02 Mar 2020 Last Revised: 20 Mar 2023
Jordi Galí
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 26 (1,000,042)
Citation 1

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Should the ECB Adjust its Strategy in the Face of a Lower R*?

Banque de France Working Paper No. 811
Number of pages: 40 Posted: 01 Jun 2021
affiliation not provided to SSRN, Banque de France - Centre de Recherche, Banque de France, Federal Reserve Bank of Boston and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
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Inflation Target; Effective Lower Bound; Monetary Policy Strategy; Euro Area

Should the ECB Adjust its Strategy in the Face of a Lower R*?

CEPR Discussion Paper No. DP16042
Number of pages: 36 Posted: 14 May 2021
Federal Reserve Bank of Boston, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI), Banque de France - Centre de Recherche and Banque de France
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Citation 5
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61.

Technology Shocks and Aggregate Fluctuations: How Well Does the RBC Model Fit Post-War Us Data?

Number of pages: 84 Posted: 21 Sep 2004
Jordi Galí and Pau Rabanal
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and La Caixa
Downloads 23 (1,033,487)
Citation 47
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Real business cycles, technology shocks, nominal rigidities, real frictions

62.
Downloads 21 (1,056,987)
Citation 5

Gains from Wage Flexibility and the Zero Lower Bound

NBER Working Paper No. w27386
Number of pages: 33 Posted: 22 Jun 2020 Last Revised: 01 May 2022
Roberto M. Billi and Jordi Galí
Sveriges Riksbank and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 20 (1,102,714)

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Gains from Wage Flexibility and the Zero Lower Bound

CEPR Discussion Paper No. DP14888
Number of pages: 35 Posted: 16 Jun 2020
Roberto M. Billi and Jordi Galí
Sveriges Riksbank and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
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Citation 5
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labor-market flexibility, nominal rigidities, optimal monetary policy with commitment, Taylor rule, ZLB constraint

63.
Downloads 14 (1,143,269)
Citation 2

Monetary Policy and Endogenous Financial Crises

NBER Working Paper No. w29602
Number of pages: 40 Posted: 27 Dec 2021 Last Revised: 21 May 2023
Bank for International Settlements (BIS), University of Toulouse Capitole - Toulouse School of Economics, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and Deutsche Bundesbank
Downloads 13 (1,196,958)
Citation 2

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Monetary Policy and Endogenous Financial Crises

CEPR Discussion Paper No. DP16825
Number of pages: 42 Posted: 04 Feb 2022
Bank for International Settlements (BIS), University of Toulouse Capitole - Toulouse School of Economics, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and Deutsche Bundesbank
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financial crises, monetary policy

64.

Labour Markets and Monetary Policy: A New Keynesian Model with Unemployment

CEPR Discussion Paper No. DP6765
Number of pages: 44 Posted: 11 Jun 2008
Olivier J. Blanchard and Jordi Galí
National Bureau of Economic Research (NBER) and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 9 (1,205,561)
Citation 3
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Labour market frictions, New Keynesian Model, real wage rigidities, search model, sticky prices, unemployment

65.

Heterogeneity and Aggregate Fluctuations: Insights from Tank Models

NBER Working Paper No. w32557
Number of pages: 61 Posted: 18 Jun 2024
Davide Debortoli and Jordi Galí
Universitat Pompeu Fabra - Department of Economics and Business and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 8 (1,216,912)
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66.

Optimal Monetary Policy with R*<0

NBER Working Paper No. w31508
Number of pages: 43 Posted: 31 Jul 2023
Roberto M. Billi, Jordi Galí and Anton Nakov
Sveriges Riksbank, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and European Central Bank (ECB)CEPR
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67.

Patterns of Convergence and Divergence in the Euro Area

CEPR Discussion Paper No. DP9685
Number of pages: 41 Posted: 16 Oct 2013
Banco de España, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and Board of Governors of the Federal Reserve System
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Citation 8
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competitiveness, current account imbalances, inflation differentials, labor markets, macroeconomic convergence, relative prices

68.

Monetary Policy and Bubbles in New Keynesian Model with Overlapping Generations

CEPR Discussion Paper No. DP14887
Number of pages: 57 Posted: 16 Jun 2020
Jordi Galí
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 3 (1,262,946)
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Asset Price Volatility, Economic Fluctuations, monetary policy rules, Stabilization policies