Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
create a website

Which price level to target? Strategic delegation in a sticky price and wage economy. (2009). Givens, Gregory.
In: Journal of Macroeconomics.
RePEc:eee:jmacro:v:31:y:2009:i:4:p:685-698.

Full description at Econpapers || Download paper

Cited: 4

Citations received by this document

Cites: 37

References cited by this document

Cocites: 50

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

  1. Australia and the Zero Lower Bound on Interest Rates: Some Monetary Policy Options. (2015). Trott, Declan.
    In: Agenda - A Journal of Policy Analysis and Reform.
    RePEc:acb:agenda:v:22:y:2015:i:1:p:5-20.

    Full description at Econpapers || Download paper

  2. Monetary policy and stability during six periods in US economic history: 1959–2008: a novel, nonlinear monetary policy rule. (2013). McNown, Robert ; Seip, Knut L..
    In: Journal of Policy Modeling.
    RePEc:eee:jpolmo:v:35:y:2013:i:2:p:307-325.

    Full description at Econpapers || Download paper

  3. Price Level Targeting and Inflation Targeting: a Review. (2010). Caputo, Rodrigo ; Bauducco, Sofia.
    In: Working Papers Central Bank of Chile.
    RePEc:chb:bcchwp:601.

    Full description at Econpapers || Download paper

  4. Monetary Policy in a Forward‐Looking Input–Output Economy. (2009). Strum, Brad E.
    In: Journal of Money, Credit and Banking.
    RePEc:wly:jmoncb:v:41:y:2009:i:4:p:619-650.

    Full description at Econpapers || Download paper

References

References cited by this document

  1. Altig, D., Christiano, L.J., Eichenbaum, M., Linde, J., 2005. Firm-specific capital, nominal rigidities and the business cycle. National Bureau of Economic Research, Cambridge, MA, Working Paper No. 11034.

  2. Amato, J.D. ; Laubach, T. Estimation and control of an optimization-based model with sticky prices and wages. 2003 Journal of Economic Dynamics and Control. 27 1181-1215

  3. Ambler, S., Dib, A., Rebei, N., 2004. Optimal taylor rules in an estimated model of a small open economy. Bank of Canada, Working Paper No. 2004-36.

  4. Barro, R.J. ; Gordon, D.B. A positive theory of monetary policy in a natural rate model. 1983 Journal of Political Economy. 91 589-610

  5. Blake, A.P., Kirsanova, T., 2008. Discretionary policy and multiple equilibria in LQ RE models. Mimeo, University of Exeter.

  6. Calvo, G.A. Staggered prices in a utility-maximizing framework. 1983 Journal of Monetary Economics. 12 383-398

  7. Chari, V.V. ; Kehoe, P.J. ; McGratten, E.R. Sticky price models of the business cycle: Can the contract multiplier solve the persistence problem?. 2000 Econometrica. 68 1151-1179

  8. Christiano, L.J. ; Eichenbaum, M. ; Evans, C. Nominal rigidities and the dynamic effects of a shock to monetary policy. 2005 Journal of Political Economy. 113 1-45

  9. Clarida, R. ; Galí, J. ; Gertler, M. The science of monetary policy: A new keynesian perspective. 1999 Journal of Economic Literature. 37 1661-1707

  10. Cooley, T.F. ; Prescott, E.C. Economic Growth and Business Cycles. 1995 En : Cooley, T.F. Frontiers of Business Cycle Research. Princeton University Press: Princeton
    Paper not yet in RePEc: Add citation now
  11. Dittmar, R. ; Gavin, W.T. What do new-keynesian phillips curves imply for price-level targeting?. 2000 The Federal Reserve Bank of St. Louis Review. 82 21-30

  12. Erceg, C.J. ; Henderson, D.W. ; Levin, A.T. Optimal monetary policy with staggered wage and price contracts. 2000 Journal of Monetary Economics. 46 281-313

  13. Fuhrer, J.C. The (Un)importance of forward-looking behavior in price specifications. 1997 Journal of Money, Credit, and Banking. 29 338-350

  14. Galí, J. ; Gertler, M. ; López-Salido, D.J. Markups, gaps, and the welfare costs of business fluctuations. 2007 The Review of Economics and Statistics. 89 44-59

  15. Guender, A.V. Optimal and efficient monetary policy rules in a forward-looking model. 2002 Journal of Macroeconomics. 24 41-49

  16. Jensen, H. Targeting nominal income growth or inflation?. 2002 American Economic Review. 92 928-956

  17. Klein, P. Using the generalized schur form to solve a multivariate linear rational expectations model. 2000 Journal of Economic Dynamics and Control. 24 1405-1423

  18. Kydland, F.E. ; Prescott, E.C. Rules rather than discretion: The inconsistency of optimal plans. 1977 Journal of Political Economy. 85 473-491

  19. Levin, A.T. ; Onatski, A. ; Williams, J.C. ; Williams, N. Monetary Policy Under Uncertainty in Micro-Founded Macroeconometric Models. 2005 En : Gertler, M. ; Rogoff, K. NBER Macroeconomics Annual 2005. MIT Press: Cambridge, MA

  20. Rabanal, P. ; Rubio-Ramírez, J.F. Comparing new keynesian models of the business cycle: A bayesian approach. 2005 Journal of Monetary Economics. 52 1151-1166

  21. Rogoff, K. The optimal degree of commitment to an intermediate monetary target. 1985 The Quarterly Journal of Economics. 100 1169-1189

  22. Rotemberg, J.J. ; Woodford, M. An Optimization-Based Econometric Framework for the Evaluation of Monetary Policy. 1997 En : Bernanke, B.S. ; Rotemberg, J.J. . MIT Press: Cambridge, MA

  23. Rudebusch, G.D. ; Svensson, L.E.O. Policy Rules for Inflation Targeting. 1999 En : Taylor, J.B. Monetary Policy Rules. University of Chicago Press: Chicago and London

  24. Söderlind, P. Solution and estimation of RE macromodels with optimal policy. 1999 European Economic Review. 43 813-823

  25. Sbordone, A.M. U.S. wage and price dynamics: A limited information approach. 2006 International Journal of Central Banking. 2 155-191

  26. Smets, F. ; Wouters, R. Comparing shocks and frictions in U.S. and Euro area business cycles: A bayesian DSGE approach. 2005 Journal of Applied Econometrics. 20 161-183

  27. Steinsson, J. Optimal monetary policy in an economy with inflation persistence. 2003 Journal of Monetary Economics. 50 1425-1456

  28. Svensson, L.E.O. Inflation targeting as a monetary policy rule. 1999 Journal of Monetary Economics. 43 607-654

  29. Svensson, L.E.O. Price level targeting vs. inflation targeting: A free lunch. 1999 Journal of Money, Credit, and Banking. 31 277-295
    Paper not yet in RePEc: Add citation now
  30. Svensson, L.E.O. ; Woodford, M. Implementing Optimal Policy Through Inflation-Forecast Targeting. 2005 En : Bernanke, B.S. ; Woodford, M. Inflation Targeting. University of Chicago Press: Chicago
    Paper not yet in RePEc: Add citation now
  31. Vestin, D. Price-level targeting versus inflation targeting. 2006 Journal of Monetary Economics. 53 1361-1376

  32. Walsh, C.E. Speed limit policies: The output gap and optimal monetary policy. 2003 American Economic Review. 93 265-278

  33. Woodford, M. Interest and Prices: Foundations of a Theory of Monetary Policy. 2003 Princeton University Press: Princeton and Oxford
    Paper not yet in RePEc: Add citation now
  34. Woodford, M. Optimal interest-rate smoothing. 2003 Review of Economic Studies. 70 861-886

  35. Woodford, M. Optimal monetary policy inertia. 1999 Manchester School. 67 1-35

  36. Yetman, J. Are speed limit policies robust?. 2006 Journal of Macroeconomics. 28 665-679

  37. Yetman, J. The credibility of the monetary policy ‘Free Lunch’. 2005 Journal of Macroeconomics. 27 434-451
    Paper not yet in RePEc: Add citation now

Cocites

Documents in RePEc which have cited the same bibliography

  1. The ins and outs of unemployment: An analysis conditional on technology shocks. (2012). Michelacci, Claudio ; Lopez-Salido, David ; Canova, Fabio.
    In: Economics Working Papers.
    RePEc:upf:upfgen:1213.

    Full description at Econpapers || Download paper

  2. Trend inflation, endogenous mark-ups and the non-vertical Phillips curve. (2010). Tirelli, Patrizio ; Di Bartolomeo, Giovanni ; acocella, nicola ; Nicola, Acocella ; Patrizio, Tirelli.
    In: wp.comunite.
    RePEc:ter:wpaper:0065.

    Full description at Econpapers || Download paper

  3. Investment-specific technology shocks and international business cycles: an empirical assessment. (2010). Vilan, Diego ; Rubio-Ramirez, Juan F ; Rabanal, Pau ; Mandelman, Federico.
    In: FRB Atlanta Working Paper.
    RePEc:fip:fedawp:2010-03.

    Full description at Econpapers || Download paper

  4. Financial factors in economic fluctuations. (2010). Rostagno, Massimo ; Christiano, Lawrence ; Motto, Roberto .
    In: Working Paper Series.
    RePEc:ecb:ecbwps:20101192.

    Full description at Econpapers || Download paper

  5. Non-linear DSGE Models and The Optimized Particle Filter. (2010). Andreasen, Martin.
    In: CREATES Research Papers.
    RePEc:aah:create:2010-05.

    Full description at Econpapers || Download paper

  6. Monetary Policy Activism and Price Responsiveness to Aggregate Shocks under Rational Inattention. (2009). Paciello, Luigi.
    In: MPRA Paper.
    RePEc:pra:mprapa:16407.

    Full description at Econpapers || Download paper

  7. Investment shocks and business cycles. (2008). Tambalotti, Andrea ; Primiceri, Giorgio ; Justiniano, Alejandro.
    In: Staff Reports.
    RePEc:fip:fednsr:322.

    Full description at Econpapers || Download paper

  8. Investment shocks and business cycles. (2008). Tambalotti, Andrea ; Primiceri, Giorgio ; Justiniano, Alejandro.
    In: Working Paper Series.
    RePEc:fip:fedhwp:wp-08-12.

    Full description at Econpapers || Download paper

  9. Countercyclical Taxation and Price Dispersion. (2008). Mayer, Eric ; Grimm, Oliver.
    In: CER-ETH Economics working paper series.
    RePEc:eth:wpswif:08-88.

    Full description at Econpapers || Download paper

  10. Monetary Policy Under Uncertainty in an Estimated Model with Labour Market Frictions. (2008). Trigari, Antonella ; Söderström, Ulf ; Sala, Luca ; Soderstrom, Ulf .
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:6826.

    Full description at Econpapers || Download paper

  11. Investment Shocks and Business Cycles. (2008). Tambalotti, Andrea ; Primiceri, Giorgio ; Justiniano, Alejandro.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:6739.

    Full description at Econpapers || Download paper

  12. Has globalisation changed the Phillips curve? Firm-level evidence on the effect of activity on prices. (2008). Gaiotti, Eugenio.
    In: Temi di discussione (Economic working papers).
    RePEc:bdi:wptemi:td_676_08.

    Full description at Econpapers || Download paper

  13. The Response of Prices to Technology and Monetary Policy Shocks under Rational Inattention. (2007). Paciello, Luigi.
    In: MPRA Paper.
    RePEc:pra:mprapa:5763.

    Full description at Econpapers || Download paper

  14. A Hybrid Sticky-Price and Sticky-Information Model. (2007). Bruchez, Pierre-Alain.
    In: MPRA Paper.
    RePEc:pra:mprapa:3540.

    Full description at Econpapers || Download paper

  15. Asset pricing implications for a New Keynesian model. (2007). De Paoli, Bianca.
    In: Money Macro and Finance (MMF) Research Group Conference 2006.
    RePEc:mmf:mmfc06:156.

    Full description at Econpapers || Download paper

  16. An estimated DSGE model for the United Kingdom. (2007). Nelson, Edward ; DiCecio, Riccardo.
    In: Working Papers.
    RePEc:fip:fedlwp:2007-006.

    Full description at Econpapers || Download paper

  17. Money and the natural rate of interest: structural estimates for the United States and the Euro area. (2007). Nelson, Edward ; Lopez-Salido, David ; Andrés, Javier ; Andres, Javier.
    In: Working Papers.
    RePEc:fip:fedlwp:2007-005.

    Full description at Econpapers || Download paper

  18. Macroeconomic implications of changes in the term premium. (2007). Swanson, Eric ; Rudebusch, Glenn ; Sack, Brian P..
    In: Review.
    RePEc:fip:fedlrv:y:2007:i:jul:p:241-270:n:v.89no.4.

    Full description at Econpapers || Download paper

  19. An estimated DSGE model for the United Kingdom. (2007). Nelson, Edward ; DiCecio, Riccardo.
    In: Review.
    RePEc:fip:fedlrv:y:2007:i:jul:p:215-232:n:v.89no.4.

    Full description at Econpapers || Download paper

  20. Optimal simple and implementable monetary and fiscal rules. (2007). Uribe, Martín ; Schmitt-Grohe, Stephanie.
    In: FRB Atlanta Working Paper.
    RePEc:fip:fedawp:2007-24.

    Full description at Econpapers || Download paper

  21. Real price and wage rigidities in a model with matching frictions. (2007). Kuester, Keith.
    In: Working Paper Series.
    RePEc:ecb:ecbwps:2007720.

    Full description at Econpapers || Download paper

  22. US imbalances: the role of technology and policy. (2007). Smets, Frank ; Dedola, Luca ; Bems, Rudolfs.
    In: Working Paper Series.
    RePEc:ecb:ecbwps:2007719.

    Full description at Econpapers || Download paper

  23. Strategic Complementarities and Optimal Monetary Policy. (2007). Yun, Tack ; Lopez-Salido, David ; Levin, Andrew.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:6423.

    Full description at Econpapers || Download paper

  24. Labour Market Dynamics and the Business Cycle: Structural Evidence for the United States. (2007). Simonelli, Saverio ; Ravn, Morten.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:6409.

    Full description at Econpapers || Download paper

  25. US Imbalances: The Role of Technology and Policy. (2007). Smets, Frank ; Dedola, Luca ; Bems, Rudolfs.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:6110.

    Full description at Econpapers || Download paper

  26. Investment adjustment costs: evidence from UK and US industries. (2007). Khan, Hashmat ; Groth, Charlotta.
    In: Bank of England working papers.
    RePEc:boe:boeewp:332.

    Full description at Econpapers || Download paper

  27. Asset pricing implications of a New Keynesian model. (2007). De Paoli, Bianca ; Scott, Alasdair ; Weeken, Olaf .
    In: Bank of England working papers.
    RePEc:boe:boeewp:326.

    Full description at Econpapers || Download paper

  28. Bank Behavior and the Cost Channel of Monetary Transmission. (2006). Wollmershäuser, Timo ; Mayer, Eric ; Hülsewig, Oliver ; Wollmershauser, Timo ; Hulsewig, Oliver.
    In: W.E.P. - Würzburg Economic Papers.
    RePEc:zbw:wuewep:71.

    Full description at Econpapers || Download paper

  29. Identifying the role of labor markets for monetary policy in an estimated DSGE model. (2006). Linzert, Tobias ; Kuester, Keith ; Christoffel, Kai ; Kuster, Keith.
    In: Discussion Paper Series 1: Economic Studies.
    RePEc:zbw:bubdp1:4356.

    Full description at Econpapers || Download paper

  30. Euro-Dollar Real Exchange Rate Dynamics in an Estimated Two-Country Model. (2006). Rabanal, Pau.
    In: Computing in Economics and Finance 2006.
    RePEc:sce:scecfa:87.

    Full description at Econpapers || Download paper

  31. Firm-Specific Production Factors in a DSGE Model with Taylor Price Setting. (2006). Wouters, Raf ; Smets, Frank ; de Walque, Grégory.
    In: MPRA Paper.
    RePEc:pra:mprapa:810.

    Full description at Econpapers || Download paper

  32. Comparing Two Variants of Calvo-Type Wage Stickiness. (2006). Uribe, Martín ; Schmitt-Grohe, Stephanie.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:12740.

    Full description at Econpapers || Download paper

  33. Optimal Simple and Implementable Monetary and Fiscal Rules: Expanded Version. (2006). Uribe, Martín ; Schmitt-Grohe, Stephanie.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:12402.

    Full description at Econpapers || Download paper

  34. The Time Varying Volatility of Macroeconomic Fluctuations. (2006). Primiceri, Giorgio ; Justiniano, Alejandro.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:12022.

    Full description at Econpapers || Download paper

  35. Revisiting the Delegation Problem in a Sticky Price and Wage Economy.. (2006). Givens, Gregory.
    In: Working Papers.
    RePEc:mts:wpaper:200601.

    Full description at Econpapers || Download paper

  36. Firm-Specific Production Factors in a DSGE Model with Taylor Price Setting. (2006). Wouters, Raf ; Smets, Frank ; de Walque, Grégory.
    In: International Journal of Central Banking.
    RePEc:ijc:ijcjou:y:2006:q:3:a:4.

    Full description at Econpapers || Download paper

  37. Real rigidities and nominal price changes. (2006). Willis, Jonathan ; Klenow, Pete.
    In: Research Working Paper.
    RePEc:fip:fedkrw:rwp06-03.

    Full description at Econpapers || Download paper

  38. Macroeconomic implications of changes in the term premium. (2006). Swanson, Eric ; Rudebusch, Glenn ; Sack, Brian P..
    In: Working Paper Series.
    RePEc:fip:fedfwp:2006-46.

    Full description at Econpapers || Download paper

  39. Identifying the role of labor markets for monetary policy in an estimated DSGE model. (2006). Kuester, Keith ; Christoffel, Kai ; Linzert, Tobias .
    In: Working Paper Series.
    RePEc:ecb:ecbwps:2006635.

    Full description at Econpapers || Download paper

  40. Euro-Dollar Real Exchange Rate Dynamics in an Estimated Two-Country Model: What is Important and What is Not. (2006). Tuesta, Vicente ; Rabanal, Pau ; Reategui, Vicente Tuesta.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:5957.

    Full description at Econpapers || Download paper

  41. Has Monetary Policy Become More Effective?. (2006). Giannoni, Marc ; Boivin, Jean.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:5463.

    Full description at Econpapers || Download paper

  42. Measures of Potential Output from an Estimated DSGE Model of the United States. (2006). Laxton, Douglas ; Kumhof, Michael ; Kamenik, Ondra ; Juillard, Michel.
    In: Working Papers.
    RePEc:cnb:wpaper:2006/11.

    Full description at Econpapers || Download paper

  43. Firm-Specific Capital and the New Keynesian Phillips Curve. (2005). Woodford, Michael.
    In: MPRA Paper.
    RePEc:pra:mprapa:825.

    Full description at Econpapers || Download paper

  44. Optimal Inflation Stabilization in a Medium-Scale Macroeconomic Model. (2005). Uribe, Martín ; Schmitt-Grohe, Stephanie.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:11854.

    Full description at Econpapers || Download paper

  45. Firm-Specific Capital and the New-Keynesian Phillips Curve. (2005). Woodford, Michael.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:11149.

    Full description at Econpapers || Download paper

  46. The Impact of Labor Markets on the Transmission of Monetary Policy in an Estimated DSGE Model. (2005). Linzert, Tobias ; Kuester, Keith ; Christoffel, Kai.
    In: IZA Discussion Papers.
    RePEc:iza:izadps:dp1902.

    Full description at Econpapers || Download paper

  47. Firm-Specific Capital and the New Keynesian Phillips Curve. (2005). Woodford, Michael.
    In: International Journal of Central Banking.
    RePEc:ijc:ijcjou:y:2005:q:3:a:1.

    Full description at Econpapers || Download paper

  48. Optimal Sticky Prices under Rational Inattention. (2005). Wiederholt, Mirko ; Maćkowiak, Bartosz.
    In: SFB 649 Discussion Papers.
    RePEc:hum:wpaper:sfb649dp2005-040.

    Full description at Econpapers || Download paper

  49. Inflation persistence in structural macroeconomic models (RG10). (2005). Morgan, Julian ; Mestre, Ricardo ; Berben, Robert-Paul ; Zonzilos, Nikolaos G ; Mitrakos, Theodoros .
    In: Working Paper Series.
    RePEc:ecb:ecbwps:2005521.

    Full description at Econpapers || Download paper

  50. Optimal Inflation Stabilization in a Medium-Scale Macroeonomic Model. (2005). Uribe, Martín ; Schmitt-Grohe, Stephanie.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:5424.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-02-19 12:09:05 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Sponsored by INOMICS. Last updated October, 6 2023. Contact: CitEc Team.