Monetary policy, inflation, and the business cycle : an introduction to the new Keynesian framework and its applications

By Jordi Gaĺı. 2015

214 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/e24714a67224950233d3f1f233d8d13e763620ec

Citations in the corpus

• Tokenomics: Dynamic Adoption and Valuation (2020, unknown): “This cost is similar to those induced by the cash-in-advance constraints in monetary models where the opportunity costs of conducting transactions is the forgone interest payments on the money balance (e.g., Galí 2015; Walsh 2003).”
• Banks, Liquidity Management, and Monetary Policy (2014, unknown): “The bank can sell bonds (1)For a textbook treatment of the New Keynesian model, see Woodford (2004) or Gaĺı (2015). New Monetarist models are surveyed in Williamson and Wright (2010), and Lagos, Rocheteau, and Wright (2017).”