Investigation Of The Role Of Change In Utility Function Components And Its Effect On Smooth The Dynamic Movement Path Of Model Variables
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Schmitt-Grohe, Stephanie & Uribe, Martin, 2004.
"Optimal fiscal and monetary policy under sticky prices,"
Journal of Economic Theory, Elsevier, vol. 114(2), pages 198-230, February.
- Stephanie Schmitt-Grohe & Martin Uribe, 2001. "Optimal fiscal and monetary policy under sticky prices," Proceedings, Federal Reserve Bank of San Francisco, issue Jun.
- Uribe, MartÃn & Schmitt-Grohé, Stephanie, 2001. "Optimal Fiscal and Monetary Policy Under Sticky Prices," CEPR Discussion Papers 2942, C.E.P.R. Discussion Papers.
- Stephanie Schmitt-Grohe & Martin Uribe, 2002. "Optimal Fiscal and Monetary Policy Under Sticky Prices," NBER Working Papers 9220, National Bureau of Economic Research, Inc.
- Stephanie Schmitt-Grohe & Martin Uribe, 2001. "Optimal Fiscal and Monetary Policy Under Sticky Prices," Departmental Working Papers 200105, Rutgers University, Department of Economics.
- Schmitt-Grohe, Stephanie & Uribe, Martin, 2004.
"Optimal fiscal and monetary policy under imperfect competition,"
Journal of Macroeconomics, Elsevier, vol. 26(2), pages 183-209, June.
- Uribe, MartÃn & Schmitt-Grohé, Stephanie, 2001. "Optimal Fiscal and Monetary Policy under Imperfect Competition," CEPR Discussion Papers 2688, C.E.P.R. Discussion Papers.
- Stephanie Schmitt-Grohe & Martin Uribe, 2003. "Optimal Fiscal and Monetary Policy Under Imperfect Competition," NBER Working Papers 10149, National Bureau of Economic Research, Inc.
- Stephanie Schmitt-Grohe & Martin Uribe, 2001. "Optimal Fiscal and Monetary Policy under Imperfect Competition," Departmental Working Papers 200101, Rutgers University, Department of Economics.
- David Domeij & Jonathan Heathcote, 2004. "On The Distributional Effects Of Reducing Capital Taxes," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 45(2), pages 523-554, May.
- Eichenbaum, Martin, 1997. "Some Thoughts on Practical Stabilization Policy," American Economic Review, American Economic Association, vol. 87(2), pages 236-239, May.
- Mendoza, Enrique G, 1991. "Real Business Cycles in a Small Open Economy," American Economic Review, American Economic Association, vol. 81(4), pages 797-818, September.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Chen, Yao & Ward, Felix, 2019. "When do fixed exchange rates work? Evidence from the Gold Standard," Journal of International Economics, Elsevier, vol. 116(C), pages 158-172.
- Ester Faia & Tommaso Monacelli, 2008.
"Optimal Monetary Policy in a Small Open Economy with Home Bias,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 40(4), pages 721-750, June.
- Ester Faia & Tommaso Monacelli, 2008. "Optimal Monetary Policy in a Small Open Economy with Home Bias," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 40(4), pages 721-750, June.
- Ester Faia & Tommaso Monacelli, 2006. "Optimal Monetary Policy in a Small Open Economy with Home Bias," Computing in Economics and Finance 2006 521, Society for Computational Economics.
- Monacelli, Tommas & Faia, Ester, 2006. "Optimal Monetary Policy in a Small Open Economy with Home Bias," CEPR Discussion Papers 5522, C.E.P.R. Discussion Papers.
- Adam, Klaus & Billi, Roberto M., 2014.
"Distortionary fiscal policy and monetary policy goals,"
Economics Letters, Elsevier, vol. 122(1), pages 1-6.
- Adam, Klaus & Billi, Roberto, 2010. "Distortionary fiscal policy and monetary policy goals," CEPR Discussion Papers 7741, C.E.P.R. Discussion Papers.
- Adam, Klaus & Billi, Roberto M., 2013. "Distortionary Fiscal Policy and Monetary Policy Goals," Working Paper Series 278, Sveriges Riksbank (Central Bank of Sweden).
- Roberto M. Billi & Klaus Adam, 2010. "Distortionary fiscal policy and monetary policy goals," 2010 Meeting Papers 1089, Society for Economic Dynamics.
- Klaus Adam & Roberto M. Billi, 2010. "Distortionary fiscal policy and monetary policy goals," Research Working Paper RWP 10-10, Federal Reserve Bank of Kansas City.
- Martin, Fernando M., 2015.
"Debt, inflation and central bank independence,"
European Economic Review, Elsevier, vol. 79(C), pages 129-150.
- Fernando Martin, 2012. "Debt, Inflation and Central Bank Independence," 2012 Meeting Papers 1019, Society for Economic Dynamics.
- Fernando M. Martin, 2013. "Debt, inflation and central bank independence," Working Papers 2013-017, Federal Reserve Bank of St. Louis.
- Jess Benhabib & Mark M. Spiegel, 2009.
"Moderate Inflation and the Deflation-Depression Link,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 41(4), pages 787-798, June.
- Jess Benhabib & Mark M. Spiegel, 2009. "Moderate Inflation and the Deflation–Depression Link," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 41(4), pages 787-798, June.
- Jess Benhabib & Mark M. Spiegel, 2006. "Moderate inflation and the deflation-depression link," Working Paper Series 2006-32, Federal Reserve Bank of San Francisco.
- Firouz Gahvari & Luca Micheletto, 2019. "Heterogeneity, monetary policy, Mirrleesian taxes, and the Friedman rule," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 67(4), pages 983-1018, June.
- Ester Faia & Wolfgang Lechthaler & Christian Merkl, 2014.
"Labor Selection, Turnover Costs, and Optimal Monetary Policy,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 46(1), pages 115-144, February.
- Faia, Ester & Lechthaler, Wolfgang & Merkl, Christian, 2012. "Labor selection, turnover costs and optimal monetary policy," Kiel Working Papers 1534, Kiel Institute for the World Economy (IfW Kiel).
- Jakab, Zoltan & Kumhof, Michael, 2018. "Banks are not intermediaries of loanable funds — facts, theory and evidence," Bank of England working papers 761, Bank of England, revised 17 Jan 2020.
- Stefan Niemann & Paul Pichler & Gerhard Sorger, 2013.
"Central Bank Independence And The Monetary Instrument Problem,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 54(3), pages 1031-1055, August.
- Niemann, S & Pichler, P & Sorger, G, 2010. "Central bank independence and the monetary instrument problem," Economics Discussion Papers 2902, University of Essex, Department of Economics.
- Horvath Michal, 2011. "Alternative Perspectives on Optimal Public Debt Adjustment," The B.E. Journal of Macroeconomics, De Gruyter, vol. 11(1), pages 1-22, November.
- Yuting Bai & Tatiana Kirsanova, 2013.
"Infrequent Fiscal Stabilization,"
Working Papers
2013_01, Business School - Economics, University of Glasgow.
- Yuting Bai & Tatiana Kirsanova, 2014. "Infrequent fiscal stabilization," Working Papers 66983445, Lancaster University Management School, Economics Department.
- Bai, Yuting & Kirsanova, Tatiana, 2013. "Infrequent Fiscal Stabilization," SIRE Discussion Papers 2013-17, Scottish Institute for Research in Economics (SIRE).
- Levin, Andrew T. & David López-Salido, J. & Nelson, Edward & Yun, Tack, 2008.
"Macroeconometric equivalence, microeconomic dissonance, and the design of monetary policy,"
Journal of Monetary Economics, Elsevier, vol. 55(Supplemen), pages 48-62, October.
- Andrew T. Levin & J. David López-Salido & Edward Nelson & Tack Yun, 2008. "Macroeconometric equivalence, microeconomic dissonance, and the design of monetary policy," Working Papers 2008-035, Federal Reserve Bank of St. Louis.
- Damjanovic, Tatiana & Damjanovic, Vladislav & Nolan, Charles, 2021.
"Unconditionally optimal Ramsey policy,"
Journal of Macroeconomics, Elsevier, vol. 69(C).
- Tatiana Damjanovic & Vladislav Damjanovic & Charles Nolan, 2017. "Unconditionally Optimal Ramsey policy," CEGAP Working Papers 2017_01, Durham University Business School.
- Andrew Binning & Junior Maih, 2015.
"Sigma point filters for dynamic nonlinear regime switching models,"
Working Paper
2015/10, Norges Bank.
- Andrew Binning & Junior Maih, 2015. "Sigma Point Filters For Dynamic Nonlinear Regime Switching Models," Working Papers No 4/2015, Centre for Applied Macro- and Petroleum economics (CAMP), BI Norwegian Business School.
- Guillermo Santos, 2022. "Optimal fiscal and monetary policy with preference over safe assets," LIDAM Discussion Papers IRES 2022021, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
- Tatiana Kirsanova & Simon Wren‐Lewis, 2012.
"Optimal Fiscal Feedback on Debt in an Economy with Nominal Rigidities,"
Economic Journal, Royal Economic Society, vol. 122(559), pages 238-264, March.
- Tatiana Kirsanova & Simon Wren-Lewis, 2006. "Optimal Fiscal Feedback on Debt in an Economy with Nominal Rigidities," CDMA Conference Paper Series 0609, Centre for Dynamic Macroeconomic Analysis.
- Simon Wren-Lewis & Tatiana Kirsanova, 2007. "Optimal Fiscal Feedback on Debt in an Economy with Nominal Rigidities," Economics Series Working Papers 306, University of Oxford, Department of Economics.
- Tatiana Kirsanova & Simon Wren-Lewis, 2007. "Optimal fiscal feedback on debt in an economy with nominal rigidities," FRB Atlanta Working Paper 2007-26, Federal Reserve Bank of Atlanta.
- Tatiana Kirsanova & Simon Wren-Lewis, 2007. "Optimal Fiscal Feedback on Debt in an Economy with Nominal Rigidities," Discussion Papers 0705, University of Exeter, Department of Economics.
- Maxime MENUET & Alexandru MINEA & Patrick VILLIEU, 2017. "Public Debt, Endogenous Growth Cycles and Indeterminacy," LEO Working Papers / DR LEO 2467, Orleans Economics Laboratory / Laboratoire d'Economie d'Orleans (LEO), University of Orleans.
- Marco Bassetto & Thomas J. Sargent, 2020.
"Shotgun Wedding: Fiscal and Monetary Policy,"
Annual Review of Economics, Annual Reviews, vol. 12(1), pages 659-690, August.
- Marco Bassetto & Thomas J. Sargent, 2020. "Shotgun Wedding: Fiscal and Monetary Policy," Staff Report 599, Federal Reserve Bank of Minneapolis.
- Marco Bassetto & Thomas J. Sargent, 2020. "Shotgun Wedding: Fiscal and Monetary Policy," NBER Working Papers 27004, National Bureau of Economic Research, Inc.
- Andrew Atkeson & Varadarajan V. Chari & Patrick J. Kehoe, 2010.
"Sophisticated Monetary Policies,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 125(1), pages 47-89.
- Andrew Atkeson & V. V. Chari & Patrick J. Kehoe, 2008. "Sophisticated monetary policies," Working Papers 659, Federal Reserve Bank of Minneapolis.
- Andrew Atkeson & V. V. Chari & Patrick Kehoe, 2009. "Sophisticated Monetary Policies," NBER Working Papers 14883, National Bureau of Economic Research, Inc.
- Andrew Atkeson & V. V. Chari & Patrick J. Kehoe, 2009. "Sophisticated monetary policies," Staff Report 419, Federal Reserve Bank of Minneapolis.
- N. Gregory Mankiw & Ricardo Reis, 2002.
"Sticky Information versus Sticky Prices: A Proposal to Replace the New Keynesian Phillips Curve,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 117(4), pages 1295-1328.
- N. Gregory Mankiw & Ricardo Reis, 2001. "Sticky information versus sticky prices: a proposal to replace the New-Keynesian Phillips curve," Proceedings, Federal Reserve Bank of San Francisco, issue Jun.
- N. Gregory Mankiw & Ricardo Reis, 2001. "Sticky Information Versus Sticky Prices: A Proposal to Replace the New Keynesian Phillips Curve," NBER Working Papers 8290, National Bureau of Economic Research, Inc.
- N. Gregory Mankiw & Ricardo Reis, 2001. "Sticky Information Versus Sticky Prices: A Proposal to Replace the New Keynesian Phillips Curve," Harvard Institute of Economic Research Working Papers 1922, Harvard - Institute of Economic Research.
- Mankiw, N. Gregory & Reis, Ricardo, 2002. "Sticky Information Versus Sticky Prices: A Proposal to Replace the New Keynesian Phillips Curve," Scholarly Articles 3415324, Harvard University Department of Economics.
More about this item
Keywords
Risk; Debt; Open Economic Model; Dynamic Stochastic General Equilibrium;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:blg:journl:v:17:y:2022:i:1:p:73-84. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mihaela Herciu (email available below). General contact details of provider: https://edirc.repec.org/data/feulbro.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.