This paper provides an introduction to the recent literature on macroeconomic stabilization in closed and open economies. We present a stylized theoretical framework, and illustrate its main properties with the help of an intuitive graphical apparatus. Among the issues we discuss: optimal monetary policy and the welfare gains from macroeconomic stabilization; international transmission of real and monetary shocks and the role of exchange rate pass-through; the design of optimal exchange rate regimes and monetary coordination among interdependent economies.
This thesis attempts to focus on several 'unresolved' issues that exist in the field of open-econom...
The development of a simple framework with optimizing agents and nominal rigidities is the point of ...
Can the structure of asset markets change the way monetary policy should be conducted? Following a l...
This paper provides an introduction to the recent literature on macroeconomic stabilization in close...
This study analyzes the theory of stabilization policy as it has developed from the trade oriented m...
Models of stabilization in open economy traditionally emphasize the role of exchange rates as a subs...
We study the conduct of monetary policy in a continuum of small open economies. We solve the model g...
This chapter studies optimal monetary stabilization policy in interdependent open economies, by prop...
This chapter studies optimal monetary stabilization policy in interdependent open economies, by prop...
This paper revisits optimal monetary policy in open economies, in particular, focusing on the nonco...
This paper presents preliminary findings and is being distributed to economists and other interested...
This paper develops a new open economy macro model of optimal monetary for a small open economy. Our...
This dissertation studies issues on the macroeconomic stabilization policies in emerging market or d...
This thesis focuses on the analysis of welfare and macroeconomic policy in small open economies. The...
Thesis advisor: Fabio GhironiMy dissertation develops a set of tools for introducing heterogeneity i...
This thesis attempts to focus on several 'unresolved' issues that exist in the field of open-econom...
The development of a simple framework with optimizing agents and nominal rigidities is the point of ...
Can the structure of asset markets change the way monetary policy should be conducted? Following a l...
This paper provides an introduction to the recent literature on macroeconomic stabilization in close...
This study analyzes the theory of stabilization policy as it has developed from the trade oriented m...
Models of stabilization in open economy traditionally emphasize the role of exchange rates as a subs...
We study the conduct of monetary policy in a continuum of small open economies. We solve the model g...
This chapter studies optimal monetary stabilization policy in interdependent open economies, by prop...
This chapter studies optimal monetary stabilization policy in interdependent open economies, by prop...
This paper revisits optimal monetary policy in open economies, in particular, focusing on the nonco...
This paper presents preliminary findings and is being distributed to economists and other interested...
This paper develops a new open economy macro model of optimal monetary for a small open economy. Our...
This dissertation studies issues on the macroeconomic stabilization policies in emerging market or d...
This thesis focuses on the analysis of welfare and macroeconomic policy in small open economies. The...
Thesis advisor: Fabio GhironiMy dissertation develops a set of tools for introducing heterogeneity i...
This thesis attempts to focus on several 'unresolved' issues that exist in the field of open-econom...
The development of a simple framework with optimizing agents and nominal rigidities is the point of ...
Can the structure of asset markets change the way monetary policy should be conducted? Following a l...