Sonnemannstrasse 22
Frankfurt am Main, 60314
Germany
European Central Bank (ECB)
SSRN RANKINGS
in Total Papers Citations
financial frictions, open economy, optimal monetary policy
Solving dynamic stochastic general equilibrium models, Perturbation methods, Series expansions, Non-linear difference equations
New Area Wide Model, international policy coordination, DSGE, two-country model
Calvo price adjustment, Rotemberg price adjustment, welfare, inflation, second-order approximation
This is a CEPR Discussion Paper. CEPR charges a fee of $8.00 for this paper.
If you wish to purchase the right to make copies of this paper for distribution to others, please select the quantity.
credit frictions, Friedman rule, optimal monetary policy, tax benefits of debt
pruning, numerical simulation, numerical economics, Taylor expansion, perturbation methods
International Trade, Exchange Rate Regimes, Non-tradable Goods, Optimal Policy
euro area, financial frictions, Bayesian estimation, simulation, DSGE modeling, decompositions
Fiscal and monetary policy, Policy coordination
Monetary policy, Money supply rules, Interest rate rules
Second-order approximation, Solution methods for rational expectation models
Asymmetric currency area, Monetary policy rules, Imperfect competition, Sticky prices, Second-order