Optimal Monetary Policy in Open versus Closed Economies: An Integrated Approach
By Richard Clarida, J. Gaĺı, M. Gertler. 2001
629 citations recorded by the source corpus.
Subfields: Economics and Econometrics
View Paper: https://www.semanticscholar.org/paper/96f60667de00f84dce4b219faae898816f1b30e7
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In Economics and Econometrics
- Robert Kollmann
- Gianluca Benigno
- Pierpaolo Benigno
- Zheng Liu
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- Alan Sutherland
- Mark M. Spiegel
- Chun Chang
Citations in the corpus
- The Aggregate Implications of Regional Business Cycles (2019, neutral): “, Clarida et al. (2001), Gaĺı and Monacelli (2008) and House et al.”
- Monetary Policy Rules for Financially Vulnerable Economies (2003, neutral): “Risk Premiun Equation and External Variables [16], [11], [12] and [13] Robust Vulnerable Both ψ 1 0.”
- Monetary Policy Rules in the Open Economy: Effects on Welfare and Business Cycles (2002, positive): “…interest rate is set as a function of the inflation rate and of GDP. 1See, for example, Bacchetta and van Wincoop (2000), Benigno (2000, 2001), Clarida et al. (2001), Corsetti and Pesenti (2001), Devereux and Engel (2000), Gal!ı and Monacelli (2000), Obstfeld and Rogoff (2000), Parrado and…”
- Monetary policy and exchange rate overshooting: Dornbusch was right after all* (2009, methodology): “The variables in the VAR model are chosen to reflect the theoretical set up of a NewKeynesian small open economy model, such as that described in Clarida et al. (2001) and Svensson (2000).”
- Price Stability in Open Economies (2003, background): “Yt Y n t = μ pt Pt ¶1+3⁄4 ́ 1⁄2+ ́ ; (9)”
- Monetary Policy in a Low Pass-Through Environment (2005, neutral): “Journal of Money, Credit, and Banking, Vol. 37, No. 6 (December 2005) Copyright 2005 by The Ohio State University (2000), Clarida, Galı́, and Gertler (2001), and Ghironi (2000).”
- Price Stability with Imperfect Financial Integration (2001, positive): “Equivalently, by using equation (15) one finds that the relative consumption gap can be related to the foreign assets holdings”
- Capital controls and optimal Chinese monetary policy (2015, background): “18Coeurdacier and Rey (2011) find that average bond home bias worldwide in 2008 is equal to 0.”