Stabilization Policy and the Costs of Dollarization

By Stephanie Schmitt-Grohé, Martin Uribe. 2001

205 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/f5f036f1a82891fc1fe9eb9e40859bf9133f705c

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Citations in the corpus

The value of fiscal discipline for oil-exporting countries (2012, methodology): “Since the frequency of the model is quarterly, I follow Schmitt-Grohé and Uribe (2001) and calibrate β = 1/(1 + r) assuming that the net quarterly interest rate in the steady state is r = 0.0159. Following Burstein, Neves, and Rebelo (2003), I define the distribution margin (s) as the fraction of th”
External Constraints on Monetary Policy and the Financial Accelerator (2007, unknown): “Thus, following Schmitt-Grohe and Uribe [37] we introduce a small friction in the world capital market.”
The Transmission of US Shocks To Latin American Economies (2000, unknown): “…are well summarized in Berg and Borensztein (2000) who also provide some rough calculations of the magnitude of welfare costs and bene¯ts (for calculations based on speci¯c dynamics general equilibrium models see also Cooley and Quadrini (2000), Schmitt-Grohe and Uribe (2000), Mendoza (2000)).”
Monetary Policy Rules in the Open Economy: Effects on Welfare and Business Cycles (2002, methodology): “Schedules similar to (23) have also been assumed by Senhadji (1997) and Schmitt-Groh! e and Uribe (2001a).)”
Liability Dollarization and the Bank Balance Sheet Channel (2002, methodology): “An especially pertinent example is Schmitt-Groh¡e and Uribe [41] which examines a sticky price dependent economy model and compares the welfare properties of a number of interventionist monetary policy rules with a °xed or exogenous nominal exchange rate rule.”
The transmission of US shocks to Latin America (2005, unknown): “…some of these issues (see, e.g., Agenor et al., 1999; Fackler and Rogers, 1995; Hoffmaister and Roldos, 1997; Prasad, 1999; Amhed and Loungani, 1999; Arora and Cerisola, 2000; Goldfajn and Olivares, 2000; Cooley and Quadrini, 2001; SchmittGrohe and Uribe, 2001; Mendoza, 2001; Mackowiak, 2003).”
Monetary policy in emerging markets: Can liability dollarization explain contractionary devaluations? (2004, background): “Monacelli [56] and Schmitt-Grohé and Uribe [62] calibrate small open economy models.”
Monetary Policy in Emerging Markets (2010, background): “65 Calvo (2002) and Schmitt-Grohe and Uribe (2001). automatic accommodation to supply shocks that floating gives,66 especially trade shocks: a depreciation when world market conditions for the export commodity weaken, and vice versa.67 Berg, Borensztein, and Mauro (2003) say it well: “Another…”