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Monetary Policy and Natural Disasters: An Extension and Simulation Analysis in the Framework of New Keynesian Macroeconomic Model

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Listed:
  • Toshiki JINUSHI

    (Asia Pacific Institute of Research)

  • Nobuyuki ISAGAWA

    (Asia Pacific Institute of Research)

  • Kozo HARIMAYA

    (Asia Pacific Institute of Research)

Abstract

No abstract is available for this item.

Suggested Citation

  • Toshiki JINUSHI & Nobuyuki ISAGAWA & Kozo HARIMAYA, 2013. "Monetary Policy and Natural Disasters: An Extension and Simulation Analysis in the Framework of New Keynesian Macroeconomic Model," APIR Discussion Paper Series 1001783, Asia Pacific Institute of Research.
  • Handle: RePEc:aps:wpaper:1001783
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    File URL: http://www.apir.or.jp/ja/research/files/2013/03/426.pdf
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    References listed on IDEAS

    as
    1. Clarida, Richard & Gali, Jordi & Gertler, Mark, 2002. "A simple framework for international monetary policy analysis," Journal of Monetary Economics, Elsevier, vol. 49(5), pages 879-904, July.
    2. Emmanuel Farhi & Xavier Gabaix, "undated". "Rare Disasters and Exchange Rates," Working Paper 71001, Harvard University OpenScholar.
    3. Jordi Galí & Tommaso Monacelli, 2005. "Monetary Policy and Exchange Rate Volatility in a Small Open Economy," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 72(3), pages 707-734.
    4. Pappa, Evi, 2004. "Do the ECB and the fed really need to cooperate? Optimal monetary policy in a two-country world," Journal of Monetary Economics, Elsevier, vol. 51(4), pages 753-779, May.
    5. Niemann, Stefan & Pichler, Paul, 2011. "Optimal fiscal and monetary policies in the face of rare disasters," European Economic Review, Elsevier, vol. 55(1), pages 75-92, January.
    6. Benjamin D. Keen & Michael R. Pakko, 2007. "Monetary policy and natural disasters in a DSGE model: how should the Fed have responded to Hurricane Katrina?," Working Papers 2007-025, Federal Reserve Bank of St. Louis.
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