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Optimal Pricing, Inflation, and the Cost of Price Adjustment

of theory and applications by well-known microeconomists, the eighteen contributions evaluate the effects of inflation on aggregate output and on;

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Inequality, Output-Inflation Trade-Off and Economic Policy Uncertainty

bank lending rates and companies' cash holdings. The trade-off between output and inflation and output growth persistence vary with inflation;

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Inequality, Output-Inflation Trade-Off and Economic Policy Uncertainty

bank lending rates and companies' cash holdings. The trade-off between output and inflation and output growth persistence vary with inflation;

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The Hybrid New Keynesian Phillips Curve and the NAIRU over Time

New Keynesian models of the Phillips Curve generally assume a short run trade-off between inflation and a measure of excess demand due to;

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Monetary Growth

. Changes in money growth also relate to changes in real output growth, nominal output growth and inflation. This new book presents important;

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Interest-Rate Rules in a New Keynesian Framework with Investment

framework with nominal rigidities and constant capital stock. The latter represents a constraint that this study seeks to overcome by introducing a;

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Monetary Policy, Inflation, and the Business Cycle

policy rules. He analyzes several extensions of the baseline model, allowing for cost-push shocks, nominal wage rigidities, and open economy;

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Vertical Specialization & Value-Added Trade

nominal share of output. At the same time, vertical specialisation (VS) trade, trade in goods incorporating imported inputs, has expanded rapidly;

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Inflation in a Monetary Union

This book studies the causes and cures of inflation in a monetary union. It carefully discusses the effects of money growth and output;

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Inflation in a Monetary Union

This book studies the causes and cures of inflation in a monetary union. It carefully discusses the effects of money growth and output;

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Lectures on Macroeconomics

equilibria, bubbles, and stability; the role of nominal rigidities; competitive equilibrium business cycles, nominal rigidities and economic;

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Macroeconomic Policy

policy: low unemployment, low inflation, high levels of output and high rates of growth. In practice these goals interact and policies which;

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Conflict and Effective Demand in Economic Growth

influence on nominal wage rates. Banks set interest rates on bank loans and deposits. No assumptions are made about nominal price rigidities and the;

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Conflict and Effective Demand in Economic Growth

influence on nominal wage rates. Banks set interest rates on bank loans and deposits. No assumptions are made about nominal price rigidities and the;

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Price Rigidity

inventories, customer markets, search and collusive behaviour. Due to the focus on macroeconmic implications, the analysis of nominal price rigidities;

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Real Exchange Rates, Devaluation, and Adjustment

balances, net asset positions, output growth, real wages, and rates of price inflation, analyzed both in time series and through cross country;

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The Role Of Policymakers In Business Cycle Fluctuations

stability contributes to greater economic output stability, including the potential for the simultaneous reduction of both inflation and output;

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The Role of Policymakers in Business Cycle Fluctuations

stability contributes to greater economic output stability, including the potential for the simultaneous reduction of both inflation and output;

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Open Economy Macroeconomics

, sovereign default, pecuniary externalities, involuntary unemployment, optimal macroprudential policy, and the role of nominal rigidities in shaping;

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Monetary Policy, Inflation, and the Business Cycle

analyzes several extensions of the baseline model, allowing for cost-push shocks, nominal wage rigidities, and open economy factors. In each case;

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Monetary Equilibrium and Nominal Income Targeting

literature available to researchers, academics, and policy makers on the benefits of nominal income targeting against alternative monetary rules;

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Monetary Equilibrium and Nominal Income Targeting

literature available to researchers, academics, and policy makers on the benefits of nominal income targeting against alternative monetary rules;

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A Study of the Macroeconomic Effects of China's Fiscal Deficits

, money supply, inflation, and balance of trade. In addition, this empirical study evaluates the implications China’s fiscal deficit policy on;

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Inflation, Unemployment and Money

demonstrate through an in-depth analysis how it is possible to find non-neoclassical foundations in the trade-off between inflation and unemployment;

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Inflation & The Consumer Price Index

Since the end of World War II, the United States has experienced almost continuous inflation -- the general rise in the price of goods and;

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Inflation

known indices for which inflation rates are commonly reported are the Consumer Price Index (CPI), which measures nominal consumer prices, and;

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