Browsing Robert Schuman Centre for Advanced Studies (RSCAS) by Author "WEBER, Henning"
Title:Product Replacement Bias in Inflation and its Consequences for Monetary Policy Author(s):WEBER, HenningDate:2012Citation:Journal of Money, Credit and Banking, 2012, 44, 2-3, 255–299Type of Publication:ArticleAbstract:The paper examines a New Keynesian model with product entry and exit and with two types of households. Households consume different product baskets, and therefore, face different inflation rates. The statistical bureau ...
Title:The Euro’s trade effect under cross-sectional heterogeneity and stochastic resistance Author(s):HERWARTZ, Helmut; WEBER, HenningDate:2010Type of Publication:Working PaperSeries/Report no.:Kiel Working Papers; 2010/1631
Title:Monetary Policy and Mismeasured Inflation Author(s):WEBER, HenningDate:2009Type of Publication:Working PaperSeries/Report no.:EUI RSCAS; 2009/44; Pierre Werner Chair Programme on Monetary UnionAbstract: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 ...