Nothing Special   »   [go: up one dir, main page]
create a website
Optimal Monetary Policy in a Small Open Economy with Non-tradable Goods. (2021). Jia, Pengfei.
In: MPRA Paper.
RePEc:pra:mprapa:110805.

Full description at Econpapers || Download paper

Cited: 0

Citations received by this document

Cites: 41

References cited by this document

Cocites: 50

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

    This document has not been cited yet.

References

References cited by this document

  1. Adolfson, M., Laséen, S., Lindé, J., Svensson, L., 2011. Optimal monetary policy in an operational medium-sized DSGE model. Journal of Money, Credit, and Banking 43, 1287-1331.

  2. Benigno, G., Thoenissen, C., 2003. Equilibrium exchange rates and supply-side performance. Economic Journal 113, C103--C124.

  3. Benigno, G., Thoenissen, C., 2008. Consumption and real exchange rates with incomplete markets and non-traded goods. Journal of International Money and Finance 27, 926--948.

  4. Bernanke, B., Mishkin, F., 1997. Inflation targeting: a new framework for monetary policy. Journal of Economic Perspectives 11, 97--116.

  5. Betts, C., Devereux, M., 2000. Exchange rate dynamics in a model of pricing-to-market. Journal of International Economics 50, 215--244.

  6. Betts, C., Kehoe, T., 2006. U.S. real exchange rate fluctuations and relative price fluctuations. Journal of Monetary Economics 53, 1297--1326.

  7. Burstein, A., Eichenbaum, M., Rebelo, S., 2006. The importance of nontradable goods' prices in cyclical real exchange rate fluctuations. Japan and The World Economy 18, 247--253.

  8. Calvo, G., 1983. Staggered prices in a utility maximizing model. Journal of Monetary Economics 12, 383--398.

  9. Campolmi, A., 2014. Which inflation to target? A small open economy with sticky wages. Macroeconomic Dynamics 18, 145--174.

  10. Chari, V. V., Kehoe, P., McGrattan, E., 2002. Can sticky price models generate volatile and persistent real exchange rates? Review of Economic Studies 69, 533--563.

  11. Clarida, R., Galí, J., Gertler, M., 2001. Optimal monetary policy in open vs. closed economies: an integrated approach. American Economic Review 91, 248--252.

  12. Corsetti, G., Dedola, L., Leduc, S., 2008. International risk sharing and the transmission of productivity shocks. Review of Economic Studies 75, 443--473.

  13. Corsetti, G., Pesenti, P., 2001. Welfare and macro-economic interdependence. Quarterly Journal of Economics 116, 421--446.

  14. De Paoli, B., 2009a. Monetary policy and welfare in a small open economy. Journal of International Economics 77, 11--22.

  15. De Paoli, B., 2009b. Monetary policy under alternative asset market structures: the case of a small open economy. Journal of Money, Credit and Banking 41, 1301--1330.

  16. Dotsey, M., Duarte, M., 2008. Nontraded goods, market segmentation, and exchange rates. Journal of Monetary Economics 55, 1129--1142.

  17. Duarte, M., Obstfeld, M., 2008. Monetary policy in the open economy revisited: the case for exchange-rate flexibility restored. Journal of International Money and Finance 27, 949--957.

  18. Engle, C., 2011. Currency misalignments and optimal monetary policy: a re-examination. American Economic Review 101, 2796--2822.
    Paper not yet in RePEc: Add citation now

  19. Faia, E., Monacelli, T., 2007. Optimal interest rate rule, asset prices, and credit frictions. Journal of Economic Dynamics and Control 31, 3228--3254.

  20. Faia, E., Monacelli, T., 2008. Optimal monetary policy in a small open economy with home bias. Journal of Money, Credit and Banking 40, 721--750.

  21. Galí, J., 2015. Monetary Policy, Inflation, and Business Cycle. 2nd ed., Princeton University Press, Princeton.
    Paper not yet in RePEc: Add citation now

  22. Galí, J., Monacelli, T., 2005. Monetary policy and exchange rate volatility in a small open economy. Review of Economic Studies 72, 707--734.

  23. Galí, J., Monacelli, T., 2016. Understanding the gains from wage flexibility: the exchange rate connection. American Economic Review 106, 3829--3868.

  24. Gertler, M., Karadi, P., 2011. A model of unconventional monetary policy. Journal of Monetary Economics 58, 17--34.

  25. Jia, P., 2020. The macroeconomic impact of monetary-fiscal policy in a fiscal dominance world. Macroeconomic Dynamics 24, 670--707.
    Paper not yet in RePEc: Add citation now

  26. Kirsanova, T., Leith, C., Wren-Lewis, S., 2006. Should central banks target consumer prices or exchange rate? Economic Journal 116, 208--231.

  27. Kirsanova, T., Wren-Lewis, S., 2012. Optimal fiscal feedback on debt in an economy with nominal rigidities. Economic Journal 122, 238--264.

  28. Kollmann, R., 2001. The exchange rate in a dynamic optimizing current account model with nominal rigidities: a quantitative investigation. Journal of International Economics 55, 243--262.

  29. Lester, R., Pries, M., Sims, E., 2014. Volatility and welfare. Journal of Economic Dynamics and Control 38, 17--36.

  30. Lombardo, G., Ravenna, F., 2014. Openness and optimal monetary policy. Journal of International Economics 93, 153--172.

  31. Mendoza, E., 1995. The terms of trade, the real exchange rate, and economic fluctuations. International Economic Review 36, 101--137.

  32. Monacelli, T., 2004. Into the Mussa puzzle: monetary policy regimes and the real exchange rate in a small open economy. Journal of International Economics 62, 191--217.

  33. Monacelli, T., 2005. Monetary policy in a low pass-through environment. Journal of Money, Credit and Banking 37, 1048--1066.
    Paper not yet in RePEc: Add citation now

  34. Obstfeld, M., Rogoff, K., 1995. Exchange rate dynamics redux. Journal of Political Economy 103, 624--660.

  35. Obstfeld, M., Rogoff, K., 2000. New directions for stochastic open economy models. Journal of International Economics 50, 117--153.

  36. Rabanal, P., 2009. Inflation differentials between Spain and the EMU: a DSGE perspective. Journal of Money, Credit and Banking 41, 1141--1166.

  37. Rabanal, P., Tuesta, V., 2013. Nontradable goods and the real exchange rate. Open Economies Review 24, 495--535.

  38. Schmitt-Grohé, S., Uribe, M., 2004. Solving dynamic general equilibrium models using a second-order approximation to the policy function. Journal of Economic Dynamics and Control 28, 755--775.

  39. Stockman, A., Tesar, L., 1995. Tastes and technology in a two-country model of the business cycle: explaining international comovements. American Economic Review 85, 168--185.

  40. Svensson, L., 2009. Transparency under flexible inflation targeting: experiences and challenges. Sveriges Riksbank Economic Review 1, 5--44.

  41. Woodford, M., 2003. Interest and Prices: Foundations of a Theory of Monetary Policy. Princeton University Press, Princeton.
    Paper not yet in RePEc: Add citation now

Cocites

Documents in RePEc which have cited the same bibliography

  1. External shocks, financial volatility and reserve requirements in an open economy. (2018). Pereira da Silva, Luiz Awazu ; Agénor, Pierre-Richard ; Alper, Koray ; Agenor, Pierre-Richard.
    In: Journal of International Money and Finance.
    RePEc:eee:jimfin:v:83:y:2018:i:c:p:23-43.

    Full description at Econpapers || Download paper

  2. Can we Identify the Feds Preferences?. (2017). Ralf, Kirsten ; Chatelain, Jean-Bernard ; Jean- Bernard Chatelain, .
    In: EconStor Preprints.
    RePEc:zbw:esprep:149993.

    Full description at Econpapers || Download paper

  3. Designing a simple loss function for central banks: Does a dual mandate make sense?. (2017). Nunes, Ricardo ; Lindé, Jesper ; Kim, Jinill ; Debortoli, Davide ; Linde, Jesper.
    In: Economics Working Papers.
    RePEc:upf:upfgen:1560.

    Full description at Econpapers || Download paper

  4. Can We Identify the Feds Preferences?. (2017). Ralf, Kirsten ; Chatelain, Jean-Bernard.
    In: PSE Working Papers.
    RePEc:hal:psewpa:halshs-01549908.

    Full description at Econpapers || Download paper

  5. Should the ECB coordinate EMU fiscal policies?. (2017). Kirsanova, Tatiana ; Ribeiro, Ana Paula ; Machado, Celsa.
    In: Working Papers.
    RePEc:gla:glaewp:2018-02.

    Full description at Econpapers || Download paper

  6. Monetary Rule, Central Bank Loss and Household’s Welfare: an Empirical Investigation. (2017). Fourcans, Andre ; Benchimol, Jonathan ; Fourans, Andre.
    In: Globalization Institute Working Papers.
    RePEc:fip:feddgw:329.

    Full description at Econpapers || Download paper

  7. How optimal is US monetary policy?. (2017). Leith, Campbell ; Kirsanova, Tatiana ; Chen, Xiaoshan.
    In: Journal of Monetary Economics.
    RePEc:eee:moneco:v:92:y:2017:i:c:p:96-111.

    Full description at Econpapers || Download paper

  8. Financial shocks, financial stability, and optimal Taylor rules. (2017). Verona, Fabio ; Martins, Manuel ; Drumond, Ines ; Manuel, .
    In: Journal of Macroeconomics.
    RePEc:eee:jmacro:v:54:y:2017:i:pb:p:187-207.

    Full description at Econpapers || Download paper

  9. The Time - Varying Natural Rate of Interest and Its Fundamental Determinants: Time Series Evidence from Turkey. (2016). Şıklar, İlyas ; Siklar, Ilyas ; Yildiz, Umit ; Cakan, Sinan .
    In: Business and Economic Research.
    RePEc:mth:ber888:v:6:y:2016:i:2:p:390-400.

    Full description at Econpapers || Download paper

  10. Measuring Potential Growth with an Estimated DSGE Model of Japan’s Economy. (2016). Shirota, Toyoichiro ; Ichiue, Hibiki ; Fukunaga, Ichiro ; Fueki, Takuji.
    In: International Journal of Central Banking.
    RePEc:ijc:ijcjou:y:2016:q:1:a:1.

    Full description at Econpapers || Download paper

  11. Designing a Simple Loss Function for the Fed: Does the Dual Mandate Make Sense?. (2016). Nunes, Ricardo ; Lindé, Jesper ; Kim, Jinill ; Debortoli, Davide ; Linde, Jesper.
    In: Discussion Paper Series.
    RePEc:iek:wpaper:1601.

    Full description at Econpapers || Download paper

  12. Challenges for Central Banks´ Macro Models. (2016). Wouters, Raf ; Smets, Frank ; Lindé, Jesper ; Linde, Jesper.
    In: Working Paper Series.
    RePEc:hhs:rbnkwp:0323.

    Full description at Econpapers || Download paper

  13. Nominal income versus Taylor-type rules in practice. (2016). Fourcans, Andre ; Benchimol, Jonathan ; Fourans, Andre.
    In: Working Papers.
    RePEc:hal:wpaper:hal-01357870.

    Full description at Econpapers || Download paper

  14. Nominal income versus Taylor-type rules in practice. (2016). Fourcans, Andre ; Benchimol, Jonathan ; Fourans, Andre.
    In: ESSEC Working Papers.
    RePEc:ebg:essewp:dr-16010.

    Full description at Econpapers || Download paper

  15. Challenges for Central Banks Macro Models. (2016). Wouters, Raf ; Smets, Frank ; Lindé, Jesper.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:11405.

    Full description at Econpapers || Download paper

  16. How Credible Is the Federal Reserve? A Structural Estimation of Policy Re-optimizations. (2016). Lakdawala, Aeimit ; Debortoli, Davide.
    In: American Economic Journal: Macroeconomics.
    RePEc:aea:aejmac:v:8:y:2016:i:3:p:42-76.

    Full description at Econpapers || Download paper

  17. Financial Factors; Implications for Output Gaps. (2015). Rabanal, Pau ; Sanjani, Marzie Taheri.
    In: IMF Working Papers.
    RePEc:imf:imfwpa:2015/153.

    Full description at Econpapers || Download paper

  18. Designing a simple loss function for the Fed: does the dual mandate make sense?. (2015). Nunes, Ricardo ; Lindé, Jesper ; Kim, Jinill ; Debortoli, Davide ; Linde, Jesper.
    In: Working Papers.
    RePEc:fip:fedbwp:15-3.

    Full description at Econpapers || Download paper

  19. Monetary policy objectives and Money’s role in U.S. business cycles. (2015). Araújo, Eurilton ; Araujo, Eurilton .
    In: Journal of Macroeconomics.
    RePEc:eee:jmacro:v:45:y:2015:i:c:p:85-107.

    Full description at Econpapers || Download paper

  20. Optimal monetary policy with the cost channel and monopolistically-competitive banks. (2015). Abo-Zaid, Salem.
    In: Journal of Macroeconomics.
    RePEc:eee:jmacro:v:45:y:2015:i:c:p:284-299.

    Full description at Econpapers || Download paper

  21. Distribution forecast targeting in an open-economy, macroeconomic volatility and financial implications. (2015). Milas, Costas ; Flamini, Alessandro.
    In: Journal of Financial Stability.
    RePEc:eee:finsta:v:16:y:2015:i:c:p:89-105.

    Full description at Econpapers || Download paper

  22. Monetary policy and commodity terms of trade shocks in emerging market economies. (2015). Touna Mama, Albert ; Tchana Tchana, Fulbert ; Hove, Seedwell .
    In: Economic Modelling.
    RePEc:eee:ecmode:v:49:y:2015:i:c:p:53-71.

    Full description at Econpapers || Download paper

  23. Targets and lags in a two-equation model of US stabilization. (2015). Kiefer, David.
    In: Economic Modelling.
    RePEc:eee:ecmode:v:44:y:2015:i:c:p:18-24.

    Full description at Econpapers || Download paper

  24. Monetary Policy Objectives and Moneys Role in U.S. Business Cycles. (2015). Araújo, Eurilton ; Araujo, Eurilton .
    In: Working Papers Series.
    RePEc:bcb:wpaper:403.

    Full description at Econpapers || Download paper

  25. An Empirical Assessment of Optimal Monetary Policy Delegation in the Euro Area. (2014). Leith, Campbell ; Kirsanova, Tatiana ; Chen, Xiaoshan.
    In: Stirling Economics Discussion Papers.
    RePEc:stl:stledp:2014-11.

    Full description at Econpapers || Download paper

  26. Fishers Relation and the Term Structure: Implications for IS Curves. (2014). Ojah, Kalu ; Malikane, Christopher.
    In: MPRA Paper.
    RePEc:pra:mprapa:55553.

    Full description at Econpapers || Download paper

  27. Open-economy Distribution Forecast Targeting, Macroeconomic Volatility and Financial Implication. (2014). Milas, Costas ; Flamini, Alessandro ; Hasan, Iftekhar.
    In: DEM Working Papers Series.
    RePEc:pav:demwpp:080.

    Full description at Econpapers || Download paper

  28. Disputes, Debt and Equity. (2014). Nolan, Charles ; Duncan, Alfred.
    In: Working Papers.
    RePEc:gla:glaewp:2014_20.

    Full description at Econpapers || Download paper

  29. Monetary policy trade-offs in an estimated open-economy DSGE model. (2014). Svensson, Lars ; Lindé, Jesper ; Laséen, Stefan ; Linde, Jesper ; Svensson, Lars E. O., ; Laseen, Stefan ; Adolfson, Malin .
    In: Journal of Economic Dynamics and Control.
    RePEc:eee:dyncon:v:42:y:2014:i:c:p:33-49.

    Full description at Econpapers || Download paper

  30. An Empirical Assessment of Optimal Monetary Policy Delegation in the Euro Area. (2014). Leith, Campbell ; Kirsanova, Tatiana ; Chen, Xiaoshan.
    In: SIRE Discussion Papers.
    RePEc:edn:sirdps:592.

    Full description at Econpapers || Download paper

  31. An Empirical Assessment of Optimal Monetary Policy Delegation in the Euro Area. (2014). Kirsanova, Tatiana ; Chen, Xiaoshan ; Leith, Campbell.
    In: 2007 Annual Meeting, July 29-August 1, 2007, Portland, Oregon.
    RePEc:ags:aaea07:592.

    Full description at Econpapers || Download paper

  32. How Optimal is US Monetary Policy?. (2013). Leith, Campbell ; Kirsanova, Tatiana ; Chen, Xiaoshan.
    In: Stirling Economics Discussion Papers.
    RePEc:stl:stledp:2013-05.

    Full description at Econpapers || Download paper

  33. Driving Forces of the Swiss Output Gap. (2013). Leist, Stefan.
    In: Swiss Journal of Economics and Statistics (SJES).
    RePEc:ses:arsjes:2013-iv-3.

    Full description at Econpapers || Download paper

  34. The Influence of the Taylor rule on US monetary policy. (2013). Sveen, Tommy ; Ilbas, Pelin ; Roisland, Oistein.
    In: Working Paper Research.
    RePEc:nbb:reswpp:201301-241.

    Full description at Econpapers || Download paper

  35. A system reduction method to efficiently solve DSGE models. (2013). Hernandez, Kolver.
    In: Journal of Economic Dynamics and Control.
    RePEc:eee:dyncon:v:37:y:2013:i:3:p:571-576.

    Full description at Econpapers || Download paper

  36. Optimal monetary policy and downward nominal wage rigidity in frictional labor markets. (2013). Abo-Zaid, Salem.
    In: Journal of Economic Dynamics and Control.
    RePEc:eee:dyncon:v:37:y:2013:i:1:p:345-364.

    Full description at Econpapers || Download paper

  37. How Optimal is US Monetary Policy?. (2013). Leith, Campbell ; Kirsanova, Tatiana ; Chen, Xiaoshan.
    In: SIRE Discussion Papers.
    RePEc:edn:sirdps:480.

    Full description at Econpapers || Download paper

  38. Commitment vs. Discretion in the UK: An Empirical Investigation of the Monetary and Fiscal Policy Regime. (2013). le Roux, Stephanus ; Kirsanova, Tatiana.
    In: SIRE Discussion Papers.
    RePEc:edn:sirdps:479.

    Full description at Econpapers || Download paper

  39. Wicksell Versus Taylor: A Quest for Determinancy and the (IR) Relevance of the Taylor Principle. (2013). Caputo, Rodrigo ; Bauducco, Sofia.
    In: Working Papers Central Bank of Chile.
    RePEc:chb:bcchwp:705.

    Full description at Econpapers || Download paper

  40. The influence of the Taylor rule on US monetary policy. (2013). Sveen, Tommy ; Ilbas, Pelin ; Roisland, Oistein.
    In: Working Paper.
    RePEc:bno:worpap:2013_04.

    Full description at Econpapers || Download paper

  41. Monetary policy and commodity terms of trade shocks in emerging market economies. (2012). Touna Mama, Albert ; Tchana Tchana, Fulbert ; Hove, Seedwell .
    In: Working Papers.
    RePEc:rza:wpaper:307.

    Full description at Econpapers || Download paper

  42. To Cut or Not to Cut? That is the (Central Bank’s) Question In Search of the Neutral Interest Rate in Latin America. (2012). Magud, Nicolas ; Tsounta, Evridiki.
    In: IMF Working Papers.
    RePEc:imf:imfwpa:2012/243.

    Full description at Econpapers || Download paper

  43. Anticipated Alternative policy Rate Paths in Plicy Simulations. (2011). Svensson, Lars ; Laséen, Stefan ; Lars E. O. Svensson, ; Laseen, Stefan .
    In: International Journal of Central Banking.
    RePEc:ijc:ijcjou:y:2011:q:3:a:1.

    Full description at Econpapers || Download paper

  44. Anticipated Alternative Policy-Rate Paths in Policy Simulations. (2011). Svensson, Lars ; Laséen, Stefan ; Laseen, Stefan ; Svensson, Lars E. O., .
    In: Working Paper Series.
    RePEc:hhs:rbnkwp:0248.

    Full description at Econpapers || Download paper

  45. Evaluating interest rate rules in an estimated DSGE model. (2011). Tambalotti, Andrea ; Ferrero, Andrea ; Cúrdia, Vasco ; Curdia, Vasco ; Ng, Ging Cee .
    In: Staff Reports.
    RePEc:fip:fednsr:510.

    Full description at Econpapers || Download paper

  46. Anticipated Alternative Instrument-Rate Paths in Policy Simulations. (2011). Svensson, Lars ; Laséen, Stefan ; Laseen, Stefan ; Svensson, Lars E O, .
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:8176.

    Full description at Econpapers || Download paper

  47. Inflation Targeting. (2010). Svensson, Lars ; Lars E. O. Svensson, .
    In: NBER Working Papers.
    RePEc:nbr:nberwo:16654.

    Full description at Econpapers || Download paper

  48. Anticipated Alternative Instrument-Rate Paths in Policy Simulations. (2009). Svensson, Lars ; Laséen, Stefan ; Lasen, Stefan.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:14902.

    Full description at Econpapers || Download paper

  49. Optimal Monetary Policy in an Operational Medium-Sized DSGE Model. (2008). Svensson, Lars ; Lindé, Jesper ; Laséen, Stefan ; Adolfson, Malin.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:14092.

    Full description at Econpapers || Download paper

  50. Optimal Monetary Policy in an Operational Medium-Sized DSGE Model. (2008). Svensson, Lars ; Lindé, Jesper ; Laséen, Stefan ; Adolfson, Malin ; Linde, Jesper.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:6907.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2024-11-26 04:38:59 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Sponsored by INOMICS. Last updated October, 6 2023. Contact: CitEc Team.