Optimal monetary policy with durable consumption goods

By C. Erceg, Andrew T. Levin. 2006

278 citations recorded by the source corpus.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/4fae10fdfd93e84c501b889a0ed416f821bbf65e

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In Economics and Econometrics

1. Livio Stracca
2. Tommaso Monacelli
3. A. Calza
4. Alejandro Justiniano
5. Bruce Preston
6. David E. Cook
7. C. Walsh
8. Fabio Canova

Citations in the corpus

• Monetary Policy and the U.S. Housing Market: A VAR Analysis Imposing Sign Restrictions (2008, unknown): “This response is bigger than the response obtained under the sign restrictions and it is also closer to the response obtained by Erceg and Levin (2006).12 The responses of housing starts and residential investment under the recursive structure are presented in Figure 7.”
• THE TRANSMISSION OF MONETARY POLICY IN A MULTISECTOR ECONOMY (2009, unknown): “[19]”
• Sticky Prices and Monetary Policy: Evidence from Disaggregated U.S. Data (2009, unknown): “[25] Erceg, Christopher, and Andrew T.”
• Housing Finance and Monetary Policy (2009, background): “E¢ ciency conditions for the saver’s program read: e Unj ;t e Uc;t = f Wj;t Pc;t j = c; h (21)”
• New Keynesian models, durable goods, and collateral constraints (2009, methodology): “Equation (11) is a standard condition linking the real wage (in units of non-durables) to the borrower’s marginal rate of substitution between consumption and leisure.”