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Strategic Monetary Policy with Non-Atomistic Wage-Setters Author info | Abstract | Publisher info | Download info | Related research | Statistics Lippi, F.
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This paper proposes a monetary policy game based on a microfounded general equilibrium model. The approach allows some key features of the policy game to be related to basic technological and preference parameters. Moreover, it shows how results are affected by the presence of non-atomistic private agents.
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Paper provided by Banca Italia - Servizio di Studi in its series Papers with number
374.
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Length: 36 pages
Date of creation: 2000Date of revision:
Handle: RePEc:fth:banita:374Contact details of provider: Postal: Banca d'Italia-Servizio Studi-Divisione Biblioteca e Pubblicazioni - Via N azionale, 91 -00184 Rome, Italy. Web page: http://www.bancaditalia.it/ More information through EDIRC
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Keywords: MONETARY POLICY ; MODELS ; GAMES ; INFLATION ; Other versions of this item:
Article Paper Francesco Lippi, 2000.
"Strategic Monetary Policy with Non-Atomistic Wage-Setters ,"
Temi di discussione (Economic working papers)
374, Bank of Italy, Economic Research Department.
[Downloadable!] Francesco Lippi, 2000.
"Strategic Monetary Policy with Non Atomistic Wage Setters ,"
Econometric Society World Congress 2000 Contributed Papers
1354, Econometric Society.
[Downloadable!] Francesco Lippi, 2003.
"Strategic Monetary Policy with Non-Atomistic Wage Setters ,"
CEIS Research Paper
17, Tor Vergata University, CEIS.
[Downloadable!] Find related papers by JEL classification: E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.:
Michael Woodford, 2001.
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NBER Working Papers
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Other versions: Blanchard, Olivier Jean & Kiyotaki, Nobuhiro, 1987.
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Rogoff, Kenneth, 1985.
"The Optimal Degree of Commitment to an Intermediate Monetary Target ,"
The Quarterly Journal of Economics ,
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Cukierman, Alex & Lippi, Francesco, 1999.
"Central bank independence, centralization of wage bargaining, inflation and unemployment:: Theory and some evidence ,"
European Economic Review ,
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[Downloadable!] (restricted)
Other versions: Francesco Lippi, 2000.
"Strategic Monetary Policy with Non Atomistic Wage Setters ,"
Econometric Society World Congress 2000 Contributed Papers
1354, Econometric Society.
[Downloadable!]
Other versions:
Francesco Lippi, 2000.
"Strategic Monetary Policy with Non-Atomistic Wage-Setters ,"
Temi di discussione (Economic working papers)
374, Bank of Italy, Economic Research Department.
[Downloadable!] Lippi, F., 2000.
"Strategic Monetary Policy with Non-Atomistic Wage-Setters ,"
Papers
374, Banca Italia - Servizio di Studi.
Francesco Lippi, 2003.
"Strategic Monetary Policy with Non-Atomistic Wage Setters ,"
CEIS Research Paper
17, Tor Vergata University, CEIS.
[Downloadable!] Francesco Lippi, 2003.
"Strategic Monetary Policy with Non-Atomistic Wage Setters ,"
Review of Economic Studies ,
Blackwell Publishing, vol. 70(4), pages 909-919, October.
[Downloadable!] (restricted) Lippi, Francesco, 2001.
"Strategic Monetary Policy with Non-Atomistic Wage-Setters: Some Evidence ,"
CEPR Discussion Papers
2819, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted)
Griffin, Peter, 1992.
"The Impact of Affirmative Action on Labor Demand: A Test of Some Implications of the Le Chatelier Principle ,"
The Review of Economics and Statistics ,
MIT Press, vol. 74(2), pages 251-60, May.
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Ireland, Peter N., 1997.
"Sustainable monetary policies ,"
Journal of Economic Dynamics and Control ,
Elsevier, vol. 22(1), pages 87-108, November.
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Barro, Robert J & Gordon, David B, 1983.
"A Positive Theory of Monetary Policy in a Natural Rate Model ,"
Journal of Political Economy ,
University of Chicago Press, vol. 91(4), pages 589-610, August.
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Other versions: Piyabha Kongsamut & Danyang Xie & Sergio Rebelo, 2001.
"Beyond Balanced Growth ,"
IMF Working Papers
01/85, International Monetary Fund.
Other versions:
Kongsamut, Piyabha & Rebelo, Sérgio & Xie, Danyang, 1997.
"Beyond Balanced Growth ,"
CEPR Discussion Papers
1693, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) Piyabha Kongsamut & Sergio Rebelo & Danyang Xie, 1997.
"Beyond Balanced Growth ,"
NBER Working Papers
6159, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted) Kongsamut, P. & Rebelo, S. & Xie, D., 1997.
"Beyong Balanced Growth ,"
RCER Working Papers
438, University of Rochester - Center for Economic Research (RCER).
Kongsamut, Piyabha & Rebelo, Sergio & Xie, Danyang, 2001.
"Beyond Balanced Growth ,"
Review of Economic Studies ,
Blackwell Publishing, vol. 68(4), pages 869-82, October.
Stefania Albanesi & V.V. Chari & Lawrence J. Christiano, .
"Expectation Traps and Monetary Policy ,"
Working Papers
198, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
[Downloadable!]
Other versions:
Stefania Albanesi & V.V. Chari & Lawrence J. Christiano, 2002.
"Expectation Traps and Monetary Policy ,"
NBER Working Papers
8912, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted) Stefania Albanesi & V. V. Chari & Lawrence J. Christiano, 2002.
"Expectation Traps and Monetary Policy ,"
Macroeconomics
0201004, EconWPA.
[Downloadable!] Stefania Albanesi & V.V.Chari & Lawrence J. Christiano, 2002.
"Expectation traps and monetary policy ,"
Working Paper Series
WP-02-04, Federal Reserve Bank of Chicago.
[Downloadable!] Stefania Albanesi & V. V. Chari & Lawrence J. Christiano, 2003.
"Expectation traps and monetary policy ,"
Staff Report
319, Federal Reserve Bank of Minneapolis.
[Downloadable!] Stefania Albanesi & V. V. Chari & Lawrence J. Christiano, 2003.
"Expectation Traps and Monetary Policy ,"
Review of Economic Studies ,
Blackwell Publishing, vol. 70(4), pages 715-741, October.
[Downloadable!] (restricted) Robert King & Alexander L. Wolman, 1999.
"What Should the Monetary Authority Do When Prices Are Sticky? ,"
NBER Chapters ,
in: Monetary Policy Rules, pages 349-404
National Bureau of Economic Research, Inc.
[Downloadable!]
Svensson, Lars E O & Woodford, Michael, 2004.
"Implementing Optimal Policy Through Inflation-Forecast Targeting ,"
CEPR Discussion Papers
4229, C.E.P.R. Discussion Papers.
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Other versions: Lawrence J. Christiano & Martin Eichenbaum & Charles Evans, 2001.
"Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy ,"
NBER Working Papers
8403, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions:
Lawrence J. Christiano & Martin Eichenbaum & Charles L. Evans, 2001.
"Nominal rigidities and the dynamic effects of a shock to monetary policy ,"
Working Paper Series
WP-01-08, Federal Reserve Bank of Chicago.
[Downloadable!] Lawrence J. Christiano & Martin Eichenbaum & Charles Evans, 2001.
"Nominal rigidities and the dynamic effects of a shock to monetary policy ,"
Working Paper
0107, Federal Reserve Bank of Cleveland.
[Downloadable!] Lawrence J. Christiano & Martin Eichenbaum & Charles L. Evans, 2005.
"Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy ,"
Journal of Political Economy ,
University of Chicago Press, vol. 113(1), pages 1-45, February.
Lawrence J. Christiano & Martin Eichenbaum & Charles Evans, 2001.
"Nominal rigidities and the dynamic effects of a shock to monetary policy ,"
Proceedings ,
Federal Reserve Bank of San Francisco, issue Jun.
[Downloadable!] Denny, Michael & Fuss, Melvyn A, 1977.
"The Use of Approximation Analysis to Test for Separability and the Existence of Consistent Aggregates ,"
American Economic Review ,
American Economic Association, vol. 67(3), pages 404-18, June.
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Kydland, Finn E & Prescott, Edward C, 1977.
"Rules Rather Than Discretion: The Inconsistency of Optimal Plans ,"
Journal of Political Economy ,
University of Chicago Press, vol. 85(3), pages 473-91, June.
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David Soskice & Torben Iversen, 2000.
"The Nonneutrality Of Monetary Policy With Large Price Or Wage Setters ,"
The Quarterly Journal of Economics ,
MIT Press, vol. 115(1), pages 265-284, February.
[Downloadable!] (restricted)
Neiss, Katharine S, 1999.
"Discretionary Inflation in a General Equilibrium Model ,"
Journal of Money, Credit and Banking ,
Blackwell Publishing, vol. 31(3), pages 357-74, August.
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references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.) This item has more than 25 citations. To prevent cluttering this page, these citations are listed on a separate page .
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