Optimal Fiscal and Monetary Policy under Imperfect Competition
By Stephanie Schmitt-Grohé, Martin Uribe. 2004
166 citations recorded by the source corpus.
Subfields: Economics and Econometrics
View Paper: https://www.semanticscholar.org/paper/32e1cd3af4904dd7483c2581b7ed252a7d6ba2b6
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In Economics and Econometrics
- Stephanie Schmitt-Grohé
- Martin Uribe
- Ester Faia
- Klaus Adam
- Roberto Billi
- Eric M. Leeper
- G. Ascari
- Ignazio Angeloni
Citations in the corpus
- The Optimal Rate of Inflation (2010, methodology): “Schmitt-Grohé and Uribe (2007b) showed that fiscal considerations fundamentally change the long-run trade-off between price stability and the Friedman”
- Friedman Meets Hosios: Efficiency in Search Models of Money (2007, unknown): “Then (29) and (30) give the unique solutions (σb ,σs ).”
- Optimal Operational Monetary Policy in the Christiano-Eichenbaum-Evans Model of the U.S. Business Cycle (2004, methodology): “…respect to σ and evaluating the result at (x0, σ) = (x, 0) one obtains gvaσ (x, 0) − gvrσ (x, 0) = 1 1 − b [g cr σ (x, 0) − Λσ(x, 0)] + β 1 − βΛσ(x, 0) − 1 1 − bg cr σ (x, 0) Schmitt-Grohé and Uribe (2004c) show that the first derivatives of the policy functions with respect to σ evaluated at…”
- Optimal fiscal and monetary policy under sticky prices (2004, unknown): “The Ramsey allocation features a dramatic drop in the standard deviation of inflation from about 7 percent per year under flexible prices to a mere 0.17 percent per year when prices adjust sluggishly.9 This implication of the Ramsey allocation under sticky prices is more in accord with the recent ne”