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    • Publications (5)
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  1. Publication

    The Price-Price Phillips Curve in Small Open Economies and Monetary Unions: Theory and Empirics

    01.06.2015

    This paper extends the efficiency wages/partially adaptive expectations Phillips curve, otherwise known as the price-price Phillips curve, from a closed economy context to an open economy one with both commodity trade and capital mobility. We also...

  2. Publication

    Managing Disinflation under Uncertainty

    01.06.2008

    In this paper we analyze disinflation policy when a central bank has imperfect information about private sector inflation expectations but learns about them from economic outcomes, which are in part the result of the disinflation policy itself. The...

  3. Publication

    Information, heterogeneity and market incompleteness

    01.03.2009

    We provide a microfounded account of imperfect information in a dynamic general equilibrium model by describing heterogeneous households that acquire information only through their participation in markets. Thus incomplete markets will imply...

  4. Publication

    Managing Disinflation under Uncertainty

    01.01.2010

    In this paper we analyze disinflation policy when a central bank has imperfect information about private sector inflation expectations but learns about them from economic outcomes, which are in part the result of the disinflation policy itself. The...

  5. Publication

    The Price-Price Phillips Curve in Small Open Economies and Monetary Unions: Theory and Empirics

    01.01.2014

    This paper extends the efficiency wages/partially adaptive expectations Phillips curve, otherwise known as the price-price Phillips curve, from a closed economy context to an open economy one with both commodity trade and capital mobility. We also...

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