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Browsing RSCAS Working Papers by Subject "E31"
Now showing items 1-2 of 2
Title:Monetary Policy and Mismeasured Inflation
Author(s):WEBER, HenningDate:2009Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract: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 ...
Title:A Modern Reconsideration of the Theory of Optimal Currency Areas
Author(s):CORSETTI, GiancarloDate:2008Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract: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 ...