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

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

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    • Fax: +34 93 542 1746

  • Massachusetts Institute of Technology (MIT) - Department of Economics

SCHOLARLY PAPERS

67

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16,525

SSRN CITATIONS
Rank 29

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in Total Papers Citations

4,678

CROSSREF CITATIONS

8,666

Scholarly Papers (67)

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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, Olivier J. Blanchard and Jordi Galí
National Bureau of Economic Research (NBER)Peterson Institute for International Economics and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 3,577 (5,587)
Citation 27

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

2.

Real Wage Rigidities and the New Keynesian Model

Downloads 2,481 ( 9,951)
Citation 263

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, Olivier J. Blanchard and Jordi Galí
National Bureau of Economic Research (NBER)Peterson Institute for International Economics and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 2,337 (10,769)
Citation 6

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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, Olivier J. Blanchard and Jordi Galí
National Bureau of Economic Research (NBER)Peterson Institute for International Economics and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 102 (446,474)
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, Olivier J. Blanchard and Olivier J. Blanchard
Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and National Bureau of Economic Research (NBER)Peterson Institute for International Economics
Downloads 42 (722,593)
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, Olivier J. Blanchard and Jordi Galí
National Bureau of Economic Research (NBER)Peterson Institute for International Economics and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 2,317 (11,122)
Citation 2

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

4.

The Science of Monetary Policy: A New Keynesian Perspective

Downloads 1,109 (34,181)
Citation 970

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 844 (49,433)
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 265 (197,091)
Citation 245

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5.

Monetary Policy and Exchange Rate Volatility in a Small Open Economy

Downloads 617 (75,572)
Citation 569

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 426 (117,514)
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 162 (311,534)
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 29 (824,404)
Citation 79
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Small open economy, optimal monetary policy, sticky prices, exchange rate peg, exchange rate volatility

6.

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, Olivier J. Blanchard and Jordi Galí
National Bureau of Economic Research (NBER)Peterson Institute for International Economics and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 612 (76,333)
Citation 136

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

7.

Understanding the Effects of Government Spending on Consumption

Downloads 577 (82,068)
Citation 532

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
Jordi Galí, David Lopez-Salido and Javier Vallés
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 454 (109,036)
Citation 25

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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
Jordi Galí, David Lopez-Salido and Javier Vallés
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 100 (452,849)
Citation 156

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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
Jordi Galí, David Lopez-Salido and Javier Vallés
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 (878,969)
Citation 47
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Rule-of-thumb consumers, non-Ricardian households, fiscal multiplier, government spending, Taylor rules

8.

Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory

Downloads 314 (166,719)
Citation 559

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 314 (165,206)
Citation 209

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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 306 (170,754)
Citation 2

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

10.

Monetary Policy Rules in Practice: Some International Evidence

Downloads 294 (178,030)
Citation 228

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 294 (177,099)
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.

Macroeconomic Modeling for Monetary Policy Evaluation

Downloads 256 (204,865)
Citation 58

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 180 (284,292)
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 76 (538,939)
Citation 21

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12.

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 221 (236,123)
Citation 133

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13.

On the Sources of the Great Moderation

Downloads 200 (258,879)
Citation 135

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 138 (355,701)
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 58 (624,364)
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 4 (1,067,149)
Citation 15
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Great Moderation, Labour hoarding, Monetary policy rules, Structural VARs, Technology Shocks

14.

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

Downloads 192 (268,623)
Citation 85

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 175 (291,458)

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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 17 (939,638)
Citation 5
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Nominal rigidities, monetary policy, Phillips Curve, monetary policy rules

15.

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 184 (278,804)
Citation 21

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16.

Unemployment in an Estimated New Keynesian Model

Downloads 177 (288,511)
Citation 66

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), European Central Bank (ECB) and National Bank of Belgium
Downloads 126 (381,700)
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), European Central Bank (ECB) and National Bank of Belgium
Downloads 47 (689,073)
Citation 26

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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), European Central Bank (ECB) and National Bank of Belgium
Downloads 4 (1,067,149)
Citation 8
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Nominal rigidities, output gap, Phillips curve, unemployment fluctuations, wage markup shocks

17.

Modern Perspectives on Stabilization Policies

Downloads 176 (289,919)
Citation 1

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 89 (488,959)
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 87 (496,057)
Citation 1

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

18.

The Vanishing Procyclicality of Labor Productivity

Downloads 155 (323,058)
Citation 32

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 152 (328,971)
Citation 16

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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 3 (1,074,510)
Citation 4
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effort choice, hiring frictions, labor hoarding, labor market turnover, wage rigidities

19.

Markups, Gaps, and the Welfare Costs of Business Fluctuations

Downloads 153 (326,585)
Citation 132

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 62 (603,280)
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 47 (689,073)
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 24 (869,434)
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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 20 (908,535)
Citation 31
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Business cycles, countercyclical markups, welfare costs

20.

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

Downloads 152 (328,382)
Citation 56

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, Olivier J. Blanchard and Jordi Galí
National Bureau of Economic Research (NBER)Peterson Institute for International Economics and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 143 (345,847)

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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, Olivier J. Blanchard and Jordi Galí
National Bureau of Economic Research (NBER)Peterson Institute for International Economics and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 9 (1,023,501)
Citation 11
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Great Moderation, Monetary policy credibility, Real wage rigidities, Sticky Prices

21.

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 134 (362,772)
Citation 92

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22.

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 130 (371,237)
Citation 34

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23.

A Simple Framework for International Monetary Policy Analysis

Downloads 126 (380,072)
Citation 221

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 98 (458,997)
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 28 (833,042)
Citation 21
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International monetary policy, Nash equilibrium, co-operation, marginal cost

24.

Fiscal Policy and Monetary Integration in Europe

Downloads 125 (382,417)
Citation 203

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 98 (458,997)
Citation 23

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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 27 (841,785)
Citation 14
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Stabilization policy, counter-cyclical fiscal policy, European monetary integration, fiscal rules

25.

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 111 (417,213)
Citation 20

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26.

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

Downloads 109 (422,671)
Citation 10

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 60 (613,570)

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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 32 (799,022)

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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 17 (939,638)
Citation 1
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Real business cycles, technology shocks, non-stationary hours

27.

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 103 (440,151)

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monetary union, sticky prices, countercyclical policy, inflation differentials

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 98 (455,344)
Citation 12

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

29.

Monetary Policy and Unemployment

Downloads 95 (464,715)
Citation 41

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 92 (478,711)

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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 3 (1,074,510)
Citation 5
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labor market frictions, nominal rigidities, wage rigidities

30.

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

Downloads 94 (467,882)
Citation 45

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 93 (475,360)
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 1 (1,091,075)
Citation 6
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asset price booms, financial stability, inflation targeting, leaning against the wind policies

31.

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 92 (474,399)

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Price setting practices, macro modellling

32.

Optimal Monetary and Fiscal Policy in a Currency Union

Downloads 77 (528,188)
Citation 126

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 57 (629,870)
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 (908,535)
Citation 27
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Monetary union, sticky prices, countercyclical policy, inflation differentials

33.

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

Downloads 75 (536,282)
Citation 91

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
Jordi Galí, J. David Lopez-Salido and Javier Vallés
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 55 (640,938)
Citation 7

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

Number of pages: 42 Posted: 13 May 2004
Jordi Galí, David Lopez-Salido and Javier Vallés
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 20 (908,535)
Citation 4
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Taylor principle, interest rate rules, sticky prices, rule-of-thumb consumers

34.

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, Olivier J. Blanchard and Jordi Galí
National Bureau of Economic Research (NBER)Peterson Institute for International Economics and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 69 (574,731)
Citation 72

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35.

The Optimal Inflation Target and the Natural Rate of Interest

Downloads 63 (588,426)
Citation 25

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
Philippe Andrade, Jordi Galí, Hervé le Bihan and Julien Matheron
Federal Reserve Banks - 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 47 (689,073)
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
Philippe Andrade, Jordi Galí, Hervé le Bihan and Julien Matheron
Federal Reserve Banks - 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 15 (960,617)
Citation 18

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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
Philippe Andrade, Jordi Galí, Hervé le Bihan and Julien Matheron
Federal Reserve Banks - 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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effective lower bound, inflation target

36.

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 61 (597,975)
Citation 2

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37.

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

Downloads 58 (613,026)
Citation 88

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
Jordi Galí, David Lopez-Salido and Javier Vallés
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 42 (722,593)

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

Number of pages: 31 Posted: 14 Mar 2002
Jordi Galí, David Lopez-Salido and Javier Vallés
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 16 (950,046)
Citation 4
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Optimal monetary policy, monetary targeting, Taylor Rule, Fed behaviour

38.

The Return of the Wage Phillips Curve

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Citation 106

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 48 (682,682)
Citation 45

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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 20
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New Keynesian model, staggered nominal wage setting, unemployment fluctuations

39.

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 51 (650,533)
Citation 1

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40.

Are Central Banks' Projections Meaningful?

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Citation 6

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 43 (715,692)

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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)
Downloads 7 (1,042,341)
Citation 1
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conditinal forecats, constant interest rate projections, inflation targeting, interest rate path, interest rate rules, multiple equilibria

41.

Slow Recoveries: A Structural Interpretation

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Citation 32

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), European Central Bank (ECB) and National Bank of Belgium
Downloads 42 (722,593)
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), European Central Bank (ECB) 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

42.

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 49 (661,773)
Citation 7

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

43.

Monetary Policy and Endogenous Financial Crises

Deutsche Bundesbank Discussion Paper No. 21/2022
Number of pages: 44 Posted: 27 Aug 2022
Frédéric Boissay, Fabrice Collard, Jordi Galí and Cristina Manea
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 46 (679,620)
Citation 2

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financial crisis, monetary policy

44.

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

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Citation 31

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 35 (774,880)
Citation 15

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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)
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Citation 5
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employment stability, Monetary policy rules, Wage flexibility

45.

Monetary Policy and Rational Asset Price Bubbles

Downloads 42 (704,917)
Citation 89

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 38 (751,877)
Citation 26

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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

46.

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 42 (704,917)

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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 42 (704,917)
Citation 1

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48.

The State of New Keynesian Economics: A Partial Assessment

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Citation 1

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 37 (759,408)
Citation 7

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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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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
Ángel Estrada, Jordi Galí and David Lopez-Salido
Banco de España, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and Board of Governors of the Federal Reserve System
Downloads 38 (732,297)
Citation 4

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50.

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

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Citation 12

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 32 (799,022)

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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 11
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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 34 (761,146)

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52.

Understanding the Gains from Wage Flexibility: The Exchange Rate Connection

Downloads 33 (768,696)
Citation 42

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 32 (799,022)
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

53.

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
Philippe Andrade, Jordi Galí, Hervé le Bihan and Julien Matheron
Federal Reserve Banks - 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 28 (808,297)

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

54.

The Effects of a Money-Financed Fiscal Stimulus

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Citation 33

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 22 (888,614)
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

55.

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 22 (860,469)
Citation 47
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Real business cycles, technology shocks, nominal rigidities, real frictions

56.

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

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Citation 32

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 18 (929,107)
Citation 24

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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 12
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liquidity trap, regime changes, time-varying structural vector-autoregressive models, unconventional monetary policies

57.

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

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Citation 2

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
Banque de France RPS Submitter, Hervé le Bihan, Julien Matheron, Philippe Andrade and Jordi Galí
affiliation not provided to SSRN, Banque de France - Centre de Recherche, Banque de France, Federal Reserve Banks - 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
Philippe Andrade, Jordi Galí, Hervé le Bihan and Julien Matheron
Federal Reserve Banks - 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 3
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58.

Uncovered Interest Parity, Forward Guidance, and the Exchange Rate

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Citation 9

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)
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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 10
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forward guidance puzzle, open economy New Keynesian model, unconventional monetary policies, uncovered interest rate parity

59.

Insider-Outsider Labor Markets, Hysteresis and Monetary Policy

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Citation 11

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)
Downloads 11 (1,002,949)

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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

60.

Idiosyncratic Income Risk and Aggregate Fluctuations

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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 10 (1,013,127)

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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)
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Economic Fluctuations, HANK models, Heterogeneous Agents, Idiosyncratic Shocks, monetary policy

61.

Gains from Wage Flexibility and the Zero Lower Bound

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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 9 (1,022,969)

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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 4
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labor-market flexibility, nominal rigidities, optimal monetary policy with commitment, Taylor rule, ZLB constraint

62.

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 10 (977,238)
Citation 1

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63.

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, Olivier J. Blanchard and Jordi Galí
National Bureau of Economic Research (NBER)Peterson Institute for International Economics and Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI)
Downloads 9 (986,252)
Citation 3
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Labour market frictions, New Keynesian Model, real wage rigidities, search model, sticky prices, unemployment

64.

Monetary Policy and Endogenous Financial Crises

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Monetary Policy and Endogenous Financial Crises

NBER Working Paper No. w29602
Number of pages: 40 Posted: 27 Dec 2021 Last Revised: 21 May 2023
Frédéric Boissay, Fabrice Collard, Jordi Galí and Cristina Manea
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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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
Frédéric Boissay, Fabrice Collard, Jordi Galí and Cristina Manea
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

65.

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
Downloads 3 (1,032,037)
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66.

Patterns of Convergence and Divergence in the Euro Area

CEPR Discussion Paper No. DP9685
Number of pages: 41 Posted: 16 Oct 2013
Ángel Estrada, Jordi Galí and David Lopez-Salido
Banco de España, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI) and Board of Governors of the Federal Reserve System
Downloads 3 (1,032,037)
Citation 6
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competitiveness, current account imbalances, inflation differentials, labor markets, macroeconomic convergence, relative prices

67.

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 1 (1,046,086)
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Asset Price Volatility, Economic Fluctuations, monetary policy rules, Stabilization policies