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Browsing by Author "UUSKULA, Lenno"
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Title:Three Essays in Macroeconomics
Author(s):UUSKULA, LennoDate:2011Type of Publication:ThesisSeries/Report no.:EUI PhD thesesAbstract:Chapter 1: Traditional models of monetary transmission such as sticky price and limited partic- ipation abstract from firm creation and destruction. Only a few papers look at the empirical effects of the monetary shock on ...
Title:Deep Habits and the Dynamic Effects of Monetary Policy Shocks
Author(s):RAVN, Morten O.; SCHMITT-GROHE, Stephanie; URIBE, Martin; UUSKULA, LennoDate:2008Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:This paper introduces deep habits into a sticky-price sticky-wage economy and asks whether the countercyclical markup movements induced by deep habits is helpful for accounting for the dynamic effects of monetary policy ...
Title:The effect of financial depth on monetary transmission
Author(s):PITZEL, Danny; UUSKULA, LennoDate:2007Type of Publication:ArticleAbstract:Several papers have looked at the relationship between country-specific factors and the strength of monetary transmission. For example, Cecchetti (1999) concentrated on legal aspects, while De Grauwe and Storti (2004) ...