Optimal monetary policy with staggered wage and price contracts

Discretion versus policy rules in practice

1993 • 9,049 citations

Monopolistic competition and optimum product diversity

1977 • 7,516 citations

Staggered Prices in a Utility-Maximizing Framework

1996 • 4,849 citations

Aggregate Dynamics and Staggered Contracts

1980 • 2,566 citations

The Solution of Linear Difference Models under Rational Expectations

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An Optimization-Based Econometric Framework for the Evaluation of Monetary Policy

1997 • 1,801 citations

Monetary Policy Rules

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Monopolistic Competition and the Effects of Aggregate Demand

1987 • 1,550 citations

Nominal price rigidity, money supply endogeneity, and business cycles

1996 • 1,176 citations

Staggered Wage Setting in a Macro Model

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Policy rules for inflation targeting

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The New Neoclassical Synthesis and the Role of Monetary Policy

1997 • 730 citations

Interest Rate Rules in an Estimated Sticky Price Model

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The Quantitative Analytics of the Basic Neomonetarist Model

1995 • 570 citations

Stabilizing Powers of Monetary Policy under Rational Expectations

1977 • 557 citations

Long-term contracting, sticky prices, and monetary policy

1977 • 535 citations

Performance of Operational Policy Rules in an Estimated Semi-Classical Structural Model

1998 • 446 citations

A linear algebraic procedure for solving linear perfect foresight models

1985 • 376 citations

On Indexation and Contract Length

1978 • 367 citations

Robustness of Simple Monetary Policy Rules under Model Uncertainty

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Evaluating policy regimes : new research in empirical macroeconomics

1993 • 320 citations

What Should the Monetary Authority Do When Prices Are Sticky

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Constructing and estimating a realistic optimizing model of monetary policy

2000 • 296 citations

Output, Employment, and Wages in the Short Run

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Simple Rules for Monetary Policy

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Prices, output, and hours: An empirical analysis based on a sticky price model

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Control of the Public Debt: A Requirement for Price Stability?

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A comparison of some basic monetary policy regimes for open economies: implications of different degrees of instrument adjustment and wage persistence

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Limits on interest rate rules in the IS model

1996 • 132 citations

A small, structural, quarterly model for monetary policy evaluation

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Limits on Interest Rate Rules in the IS Model

1996 • 80 citations

Disequilibrium Macroeconomics in Open Economies.

1985 • 72 citations

Nominal Wage Rigidities and the Propagation of Monetary Disturbances

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The Exchange Rate in a Dynamic-Optimizing Current Account Model with Nominal Rigidities: A Quantitative Investigation

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Monetary Policy under Neoclassical and New-Keynesian Phillips Curves, with an Application to Price Level and Inflation Targeting

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Labor contracts and monetary policy

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Monetary Policy under Neoclassical and New-Keynesian Phillips Curves, with an Application to Price Level and Inflation Targeting

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State Dependent Pricing and Dynamics of Business Cycles

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Nominal Wage Rigidities and the Propagation of Monetary Disturbances

1997 • 24 citations

Simplicity Versus Optimality: The Choice of Monetary Policy Rules when Agents Must Learn

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The theoretical and empirical relevance of staggered wage contract models

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3. Wage Indexation, Supply Shocks, and Monetary Policy in a Small, Open Economy

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Disequilibrium Macroeconomics in Open Economies

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Tradeoffs between Inflation and Output-Gap Variances in an Optimizing-Agent Model

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[The New Neoclassical Synthesis and the Role of Monetary Policy]: Comment

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