Browsing Robert Schuman Centre for Advanced Studies (RSCAS) by Subject "E31"

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Browsing Robert Schuman Centre for Advanced Studies (RSCAS) by Subject "E31"

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    Title: Monetary Policy and Mismeasured Inflation  Author(s): WEBER, Henning Date: 2009 Type of Publication: Working Paper Series/Report no.: EUI RSCAS Abstract: I examine the standard New Keynesian model augmented with product entry and exit. The statistical agency in the model measures product entry with a delay. Consequently, measured in ation departs from true, utility-based ...
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    Title: A Modern Reconsideration of the Theory of Optimal Currency Areas  Author(s): CORSETTI, Giancarlo Date: 2008 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: What can be learnt from revisiting the Optimal Currency Areas (OCA) theory 50 years from its birth, in light of recent advances in open economy macro and monetary theory? This paper presents a stylized micro-founded model ...