Fang Yao

Friedrich-Alexander University of Erlangen-Nürnberg

Schloßplatz 4

Bavaria 91054

Germany

SCHOLARLY PAPERS

6

DOWNLOADS

256

SSRN CITATIONS

0

CROSSREF CITATIONS

1

Scholarly Papers (6)

1.

Monetary Policy and Real Exchange Rate Dynamics in Sticky-Price Models

Number of pages: 49 Posted: 02 Jul 2014 Last Revised: 12 Apr 2019
Government of the Federative Republic of Brazil - Central Bank of Brazil, Federal Reserve Banks - Federal Reserve Bank of San Francisco and Friedrich-Alexander University of Erlangen-Nürnberg
Downloads 164 (182,891)

Abstract:

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real exchange rates, monetary policy, interest rate smoothing, PPP puzzle, persistence

2.

Increasing Hazard Functions and Monetary Transmission Mechanism of Sticky Price Models

Number of pages: 26 Posted: 13 Apr 2010 Last Revised: 08 Mar 2013
Fang Yao
Friedrich-Alexander University of Erlangen-Nürnberg
Downloads 29 (476,416)

Abstract:

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Hazard function, Sticky Prices, Inflation inertia, Monetary Policy

3.

When Does Lumpy Factor Adjustment Matter for Aggregate Dynamics

ECB Working Paper No. 1016
Number of pages: 31 Posted: 06 Mar 2009
Stephan Fahr and Fang Yao
European Central Bank and Friedrich-Alexander University of Erlangen-Nürnberg
Downloads 22 (514,917)

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Lumpy labor adjustment, Lumpy investment, Business cycles, Elasticity of supply

4.

Sticky Information Versus Sticky Prices: A Horse Race Under a General Price-Setting Scheme

Number of pages: 19 Posted: 02 Aug 2011
Fang Yao
Friedrich-Alexander University of Erlangen-Nürnberg
Downloads 19 (532,599)

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Sticky price, Sticky information, Hazard function, inflation persistence

5.

Extensive Price Margin and Inflation Persistence

Number of pages: 24 Posted: 08 Mar 2013
Fang Yao
Friedrich-Alexander University of Erlangen-Nürnberg
Downloads 13 (568,539)

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Infl‡ation Persistence, Unit Root, Price Reset Hazard Function, Monetary Policy Rule

6.

Time-Dependent Pricing and New Keynesian Phillips Curve

Bundesbank Series 1 Discussion Paper No. 2009,08
Number of pages: 44 Posted: 08 Jun 2016
Fang Yao
Friedrich-Alexander University of Erlangen-Nürnberg
Downloads 9 (594,053)

Abstract:

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Intrinsic inflation persistance, Hazard function, New Keynesian Phillips Curve