Search
Now showing items 1-2 of 2
Title:Optimal inflation, average markups and asymmetric sticky prices Author(s):PACZOS, Wojtek
Date:2016Type:Working PaperSeries/Number:EUI ECO; 2016/03Abstract:In state-of-the-art New Keynesian model firms are monopolistically competitive and prices are sticky. However, the average markup resulting from the monopolistic competition is usually assumed away either by production ...
Date:2016Type:Working PaperSeries/Number:EUI ECO; 2016/03Abstract:In state-of-the-art New Keynesian model firms are monopolistically competitive and prices are sticky. However, the average markup resulting from the monopolistic competition is usually assumed away either by production ...
Title:Monetary news, U.S. interest rate and business cycles in emerging economies Author(s):VICONDOA, AlejandroDate:2016Type:Working PaperSeries/Number:EUI ECO; 2016/10Abstract:This paper identifies anticipated (news) and unanticipated (surprise) shocks to the U.S. Fed Funds rate using CBOT Fed Funds Future Market and assesses their propagation to emerging economies. Anticipated movements account ...
Date:2016Type:Working PaperSeries/Number:EUI ECO; 2016/10Abstract:This paper identifies anticipated (news) and unanticipated (surprise) shocks to the U.S. Fed Funds rate using CBOT Fed Funds Future Market and assesses their propagation to emerging economies. Anticipated movements account ...