Title:New Open Economy Macroeconomics
Author(s):CORSETTI, GiancarloDate:2007Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:The New Open Economy Macroeconomics refers to a vast body of literature embracing a new
theoretical framework for policy analysis in open economy, with the goal of overcoming the
limitations of the Mundell-Fleming model, ...
Title:Noise Trading in Small Markets
Author(s):PALOMINO, FredericDate:1994Type of Publication:Working PaperSeries/Report no.:EUI ECO
Title:Nominal Debt as a Burden on Monetary Policy
Author(s):DIAZ-GIMENEZ, Javier; GIOVANNETTI, Giorgia; MARIMON, Ramon; TELES, PedroDate:2007Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:We characterize the optimal sequential choice of monetary policy in economies
with either nominal or indexed debt. In a model where nominal debt is the only
source of time inconsistency, the Markov-perfect equilibrium ...
Title:Nominal Debt as a Burden on Monetary Policy
Author(s):DIAZ-GIMENEZ, Javier; GIOVANNETTI, Giorgia; MARIMON, Ramon; TELES, PedroDate:2007Type of Publication:Working PaperSeries/Report no.:EUI MWPAbstract:We characterize the optimal sequential choice of monetary policy in economies with
either nominal or indexed debt. In a model where nominal debt is the only source of
time inconsistency, the Markov-perfect equilibrium ...
Title:Non-Price Competition and Exchange Rate Pass-Through
Author(s):ASCIONE, AuroraDate:2007Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:A substantial body of empirical works document that exchange rate pass-through to con- sumer prices is incomplete. This evidence has cast doubts on the ability of flexible exchange rates to generate expenditure switching. ...
Title:Nonlinear Causality Testing with Stepwise Multivariate Filtering
Author(s):BEKIROS, Stelios D.Date:2011Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:This study explores the direction and nature of causal linkages among six currencies denoted relative to United States dollar (USD), namely Euro (EUR), Great Britain Pound (GBP), Japanese Yen (JPY), Swiss Frank (CHF), ...
Title:Oil Futures and Strategic Stocks at Sea
Author(s):PHLIPS, Louis; MOLLGAARD, H. PeterDate:1991Type of Publication:Working PaperSeries/Report no.:EUI ECO