Incomplete Pass-Through and the Welfare Effects of Exchange Rate Variability

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International Credit Supply Shocks (2017, unknown): “Following Sutherland (2005), we assume that the weight of imported goods in the Home consumption basket is a function of the relative size of the foreign economy (1− n): α ≡ 1− (1− n)λ,”
Currency Misalignments and Optimal Monetary Policy: A Reexamination (2011, unknown): “5 The contribution of Sutherland (2005) merits attention.”
Monetary policy and welfare in a small open economy (2009, background): “The policy problem consists of choosing a path for fb Ht ; b Yt; c RStg in order to minimize (29), subject to the constraints (34) and (35), and given the initial conditions b t0 and b Yt0 .”
Optimal Monetary Policy in a Small Open Economy with Home Bias (2008, methodology): “To characterize the small economy case we resort to a "limit-case" approach, as in Galí and Monacelli (2002), Sutherland (2005), De Fiore and Liu (2005) and De Paoli (2004).”
Monetary Policy in a Low Pass-Through Environment (2005, background): “F,t = et pF,t (33) and the terms of trade”
Fiscal Stimulus with Spending Reversals (2009, unknown): “Specifically, let P( j) denote the price of an intermediate good expressed in domestic currency and Et the 19 This specification follows Sutherland (2005) and De Paoli (2009).”