Debt, Deficits, and Destabilizing Monetary Policy in Open Economies
Author
Abstract
Suggested Citation
Download full text from publisher
Other versions of this item:
- van Wijnbergen, Sweder & Schabert, Andreas, 2006. "Debt, Deficits and Destabilizing Monetary Policy in Open Economies," CEPR Discussion Papers 5590, C.E.P.R. Discussion Papers.
References listed on IDEAS
- Ben S. Bernanke & Michael Woodford, 2004. "The Inflation-Targeting Debate," NBER Books, National Bureau of Economic Research, Inc, number bern04-1, May.
- Carmen M. Reinhart & Kenneth S. Rogoff & Miguel A. Savastano, 2003.
"Debt Intolerance,"
Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 34(1), pages 1-74.
- Carmen M. Reinhart & Kenneth S. Rogoff & Miguel A. Savastano, 2003. "Debt Intolerance," NBER Working Papers 9908, National Bureau of Economic Research, Inc.
- Reinhart, Carmen & Rogoff, Kenneth & Savastano, Miguel, 2003. "Debt intolerance," MPRA Paper 13932, University Library of Munich, Germany.
- Reinhart, Carmen, 2004. "Debt intolerance: Executive summary," MPRA Paper 13398, University Library of Munich, Germany.
- Uribe, Martin, 2006.
"A fiscal theory of sovereign risk,"
Journal of Monetary Economics, Elsevier, vol. 53(8), pages 1857-1875, November.
- Martin Uribe, 2002. "A Fiscal Theory of Sovereign Risk," NBER Working Papers 9221, National Bureau of Economic Research, Inc.
- Uribe, Martín, 2002. "A fiscal theory of sovereign risk," Working Paper Series 187, European Central Bank.
- 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.
- GalÃ, Jordi & Monacelli, Tommas, 2002. "Monetary Policy and Exchange Rate Volatility in a Small Open Economy," CEPR Discussion Papers 3346, C.E.P.R. Discussion Papers.
- Jordi Galí & Tommaso Monacelli, 2004. "Monetary policy and exchange rate volatility in a small open economy," Economics Working Papers 835, Department of Economics and Business, Universitat Pompeu Fabra.
- Jordi Gali & Tommaso Monacelli, 2002. "Monetary Policy and Exchange Rate Volatility in a Small Open Economy," NBER Working Papers 8905, National Bureau of Economic Research, Inc.
- Jordi Galí & Tommaso Monacelli, 2003. "Monetary Policy and Exchange Rate Volatility in a Small Open Economy," Working Papers 11, Barcelona School of Economics.
- Schmitt-Grohe, Stephanie & Uribe, Martin, 2003.
"Closing small open economy models,"
Journal of International Economics, Elsevier, vol. 61(1), pages 163-185, October.
- Stephanie Schmitt-Grohe & Martin Uribe, 2001. "Closing Small Open Economy Models," Departmental Working Papers 200115, Rutgers University, Department of Economics.
- Stephanie Schmitt-Grohe & Martin Uribe, 2002. "Closing Small Open Economy Models," NBER Working Papers 9270, National Bureau of Economic Research, Inc.
- Uribe, MartÃn & Schmitt-Grohé, Stephanie, 2002. "Closing Small Open Economy Models," CEPR Discussion Papers 3096, C.E.P.R. Discussion Papers.
- Carlstrom, Charles T. & Fuerst, Timothy S., 2001.
"Timing and real indeterminacy in monetary models,"
Journal of Monetary Economics, Elsevier, vol. 47(2), pages 285-298, April.
- Charles T. Carlstrom & Timothy S. Fuerst, 2001. "Timing and real indeterminacy in monetary models," Working Papers (Old Series) 9910R, Federal Reserve Bank of Cleveland.
- 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.
- Richard Clarida & Jordi Gali & Mark Gertler, 2002. "A Simple Framework for International Monetary Policy Analysis," NBER Working Papers 8870, National Bureau of Economic Research, Inc.
- Gertler, Mark & Clarida, Richard & GalÃ, Jordi, 2002. "A Simple Framework for International Monetary Policy Analysis," CEPR Discussion Papers 3355, C.E.P.R. Discussion Papers.
- Bennett McCallum, 1999.
"Role of the Minimal State Variable Criterion in Rational Expectations Models,"
International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 6(4), pages 621-639, November.
- Bennett T. McCallum, "undated". "Role of the minimal state variable criterion in rational expectations models," GSIA Working Papers 1999-13, Carnegie Mellon University, Tepper School of Business.
- Lars E. O. Svensson & Michael Woodford, 2004.
"Implementing Optimal Policy through Inflation-Forecast Targeting,"
NBER Chapters, in: The Inflation-Targeting Debate,
National Bureau of Economic Research, Inc.
- Lars E. O. Svensson & Michael Woodford, 2003. "Implementing Optimal Policy through Inflation-Forecast Targeting," NBER Working Papers 9747, National Bureau of Economic Research, Inc.
- Svensson, Lars E.O. & Woodford, Michael, 2004. "Implementing Optimal Policy Through Inflation-Forecast Targeting," CEPR Discussion Papers 4229, C.E.P.R. Discussion Papers.
- Sebastian Edwards, 1983. "LDC's Foreign Borrowing and Default Risk: An Empirical Investigation," NBER Working Papers 1172, National Bureau of Economic Research, Inc.
- Robert G. King & Alexander L. Wolman, 2004.
"Monetary Discretion, Pricing Complementarity, and Dynamic Multiple Equilibria,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 119(4), pages 1513-1553.
- Robert G. King & Alexander L. Wolman, 2003. "Monetary discretion, pricing complementarity and dynamic multiple equilibria," Proceedings, Board of Governors of the Federal Reserve System (U.S.).
- Robert G. King & Alexander L. Wolman, 2003. "Monetary Discretion, Pricing Complementarity and Dynamic Multiple Equilibria," NBER Working Papers 9929, National Bureau of Economic Research, Inc.
- Robert G. King & Alexander L. Wolman, 2004. "Monetary discretion, pricing complementarity, and dynamic multiple equilibria," Working Paper 04-05, Federal Reserve Bank of Richmond.
- King, Robert G. & Wolman, Alexander L., 2004. "Monetary discretion, pricing complementarity and dynamic multiple equilibria," Working Paper Series 343, European Central Bank.
- Robert G. King & Alexander L. Wolman, 2004. "Monetary discretion, pricing complementarity and dynamic multiple equilibria," International Finance Discussion Papers 802, Board of Governors of the Federal Reserve System (U.S.).
- King, Robert G. & Wolman, Alexander L., 2004. "Monetary discretion, pricing complementarity and dynamic multiple equilibria," CFS Working Paper Series 2004/22, Center for Financial Studies (CFS).
- Svensson, Lars E. O., 1999.
"Inflation targeting as a monetary policy rule,"
Journal of Monetary Economics, Elsevier, vol. 43(3), pages 607-654, June.
- Svensson, L.E.O., 1998. "Inflation Targeting as a Monetary Policy Rule," Papers 646, Stockholm - International Economic Studies.
- Lars E.O. Svensson, 1998. "Inflation Targeting as a Monetary Policy Rule," NBER Working Papers 6790, National Bureau of Economic Research, Inc.
- Svensson, Lars E.O., 1998. "Inflation Targeting as a Monetary Policy Rule," Seminar Papers 646, Stockholm University, Institute for International Economic Studies.
- Svensson, Lars E O, 1998. "Inflation Targeting as a Monetary Policy Rule," CEPR Discussion Papers 1998, C.E.P.R. Discussion Papers.
- Svensson, Lars E. O., 1998. "Inflation targeting as a monetary policy rule," CFS Working Paper Series 1998/16, Center for Financial Studies (CFS).
- Bennett T. McCallum, 2000. "Role of the Minimal State Variable Criterion," NBER Working Papers 7087, National Bureau of Economic Research, Inc.
- Schabert, Andreas, 2005.
"Money Supply and the Implementation of Interest Rate Targets,"
CEPR Discussion Papers
5094, C.E.P.R. Discussion Papers.
- Andreas Schabert, 2005. "Money Supply and the Implementation of Interest Rate Targets," Tinbergen Institute Discussion Papers 05-059/2, Tinbergen Institute.
- Schabert, Andreas, 2005. "Money supply and the implementation of interest rate targets," Working Paper Series 483, European Central Bank.
- Hong G. Min, 1998. "Determinants of emerging market bond spread : do economic fundamentals matter?," Policy Research Working Paper Series 1899, The World Bank.
- Giancarlo Corsetti & Paolo Pesenti, 2001.
"Welfare and Macroeconomic Interdependence,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 116(2), pages 421-445.
- Giancarlo Corsetti & Paolo Pesenti, 1997. "Welfare and Macroeconomic Interdependence," NBER Working Papers 6307, National Bureau of Economic Research, Inc.
- Gianluca Benigno & Pierpaolo Benigno, 2003. "Price Stability in Open Economies," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 70(4), pages 743-764.
- S. Rao Aiyagari, 1994.
"Uninsured Idiosyncratic Risk and Aggregate Saving,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 109(3), pages 659-684.
- S. Rao Aiyagari, 1993. "Uninsured idiosyncratic risk and aggregate saving," Working Papers 502, Federal Reserve Bank of Minneapolis.
- Barry Eichengreen & Ricardo Hausmann, 1999.
"Exchange rates and financial fragility,"
Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 329-368.
- Barry Eichengreen & Ricardo Hausmann, 1999. "Exchange Rates and Financial Fragility," NBER Working Papers 7418, National Bureau of Economic Research, Inc.
- Edwards, Sebastian, 1984. "LDC Foreign Borrowing and Default Risk: An Empirical Investigation, 1976-80," American Economic Review, American Economic Association, vol. 74(4), pages 726-734, September.
- Barry Eichengreen & Ashoka Mody, 1998. "What Explains Changing Spreads on Emerging-Market Debt: Fundamentals or Market Sentiment?," NBER Working Papers 6408, National Bureau of Economic Research, Inc.
- Dirk Niepelt, 2004.
"The Fiscal Myth of the Price Level,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 119(1), pages 277-300.
- Niepelt, Dirk, 2002. "The Fiscal Myth of the Price Level," Seminar Papers 710, Stockholm University, Institute for International Economic Studies.
- Christopher A. Sims, 2004. "Limits to Inflation Targeting," NBER Chapters, in: The Inflation-Targeting Debate, pages 283-299, National Bureau of Economic Research, Inc.
- Frederic S. Mishkin, 2004. "Can Inflation Targeting Work in Emerging Market Countries?," NBER Working Papers 10646, National Bureau of Economic Research, Inc.
- Richard Clarida & Jordi Gali & Mark Gertler, 2001. "Optimal Monetary Policy in Open versus Closed Economies: An Integrated Approach," American Economic Review, American Economic Association, vol. 91(2), pages 248-252, May.
- Gianluigi Ferrucci, 2003. "Empirical determinants of emerging market economies' sovereign bond spreads," Bank of England working papers 205, Bank of England.
- De Fiore, Fiorella & Liu, Zheng, 2005. "Does trade openness matter for aggregate instability?," Journal of Economic Dynamics and Control, Elsevier, vol. 29(7), pages 1165-1192, July.
- Blanchard, Olivier Jean & Kahn, Charles M, 1980. "The Solution of Linear Difference Models under Rational Expectations," Econometrica, Econometric Society, vol. 48(5), pages 1305-1311, July.
- Richard Cantor & Frank Packer, 1996.
"Determinants and impact of sovereign credit ratings,"
Economic Policy Review, Federal Reserve Bank of New York, vol. 2(Oct), pages 37-53.
- Richard Cantor & Frank Packer, 1996. "Determinants and impacts of sovereign credit ratings," Research Paper 9608, Federal Reserve Bank of New York.
- Willem H. Buiter, 2002. "The Fiscal Theory Of The Price Level: A Critique," Economic Journal, Royal Economic Society, vol. 112(481), pages 459-480, July.
- Jonathan Eaton & Mark Gersovitz, 1981. "Debt with Potential Repudiation: Theoretical and Empirical Analysis," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 48(2), pages 289-309.
- Yun, Tack, 1996. "Nominal price rigidity, money supply endogeneity, and business cycles," Journal of Monetary Economics, Elsevier, vol. 37(2-3), pages 345-370, April.
- Taylor, John B., 1993. "Discretion versus policy rules in practice," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 39(1), pages 195-214, December.
- Narayana R. Kocherlakota & Christopher Phelan, 1999. "Explaining the fiscal theory of the price level," Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 23(Fall), pages 14-23.
- Calvo, Guillermo A., 1983. "Staggered prices in a utility-maximizing framework," Journal of Monetary Economics, Elsevier, vol. 12(3), pages 383-398, September.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Sweder Wijnbergen & Alexander France, 2012.
"Assessing Debt Sustainability in a Stochastic Environment: 200 Years of Dutch Debt and Deficit Management,"
De Economist, Springer, vol. 160(3), pages 219-236, September.
- Sweder van Wijnbergen & Alexander France, 2012. "Assessing Debt Sustainability in a Stochastic Environment: 200 years of Dutch Debt and Deficit Management," Tinbergen Institute Discussion Papers 12-011/2, Tinbergen Institute.
- Andreas Schabert & Sweder J G van Wijnbergen, 2014.
"Sovereign Default and the Stability of Inflation-Targeting Regimes,"
IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 62(2), pages 261-287, June.
- Andreas Schabert & Sweder J.G. van Wijnbergen, 2011. "Sovereign Default and the Stability of Inflation Targeting Regimes," Tinbergen Institute Discussion Papers 11-064/2/ DSF20, Tinbergen Institute.
- Markus Kirchner & Malte Rieth, 2010. "Sovereign Risk and Macroeconomic Fluctuations in an Emerging Market Economy," Tinbergen Institute Discussion Papers 10-100/2, Tinbergen Institute.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Andreas Schabert & Sweder J G van Wijnbergen, 2014.
"Sovereign Default and the Stability of Inflation-Targeting Regimes,"
IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 62(2), pages 261-287, June.
- Andreas Schabert & Sweder J.G. van Wijnbergen, 2011. "Sovereign Default and the Stability of Inflation Targeting Regimes," Tinbergen Institute Discussion Papers 11-064/2/ DSF20, Tinbergen Institute.
- Claus Rabe & Harris Selod, "undated". "Place-based economic policies: international lessons for South Africa," Working Papers 11, Economic Research Southern Africa.
- Eric Schaling & James Bullard, 2005.
"Monetary Policy, Determinacy, and Learnability in the Open Economy,"
Computing in Economics and Finance 2005
362, Society for Computational Economics.
- Bullard, James & Schaling, Eric, 2006. "Monetary policy, determinacy, and learnability in the open economy," Working Paper Series 611, European Central Bank.
- Andreas Schabert, 2006.
"Central Bank Instruments, Fiscal Policy Regimes, and the Requirements for Equilibrium Determinacy,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 9(4), pages 742-762, October.
- Andreas Schabert, "undated". "Central bank Instruments, Fiscal Policy Regimes, and the Requirements for Equilibrium Determinacy," Working Papers 2003_5, Business School - Economics, University of Glasgow, revised Jan 2003.
- Andreas Schabert, 2006. "Central Bank Instruments, Fiscal Policy Regimes, and the Requirements for Equilibrium Determinacy," Tinbergen Institute Discussion Papers 06-025/2, Tinbergen Institute.
- Ibrahim Chowdhury & Andreas Schabert, "undated".
"Assessing Money Supply Rules,"
Working Papers
2003_9, Business School - Economics, University of Glasgow, revised May 2003.
- Ibrahim Chowdhury & Andreas Schabert, 2004. "Assessing money supply rules," Money Macro and Finance (MMF) Research Group Conference 2003 15, Money Macro and Finance Research Group.
- Michael Paetz, 2007. "Robust Control and Persistence in the New Keynesian Economy," Quantitative Macroeconomics Working Papers 20711, Hamburg University, Department of Economics.
- Luis-Felipe Zanna, 2003. "Interest rate rules and multiple equilibria in the small open economy," International Finance Discussion Papers 785, Board of Governors of the Federal Reserve System (U.S.).
- Jinill Kim & Andrew T. Levin & Tack Yun, 2008.
"Relative Price Distortion and Optimal Monetary Policy in Open Economies,"
Korean Economic Review, Korean Economic Association, vol. 24, pages 5-31.
- Jinill Kim & Andrew Levin & Tack Yun, 2006. "Relative Price Distortion and Optimal Monetary Policy in Open Economies," Computing in Economics and Finance 2006 211, Society for Computational Economics.
- James Bullard & Eric Schaling, 2009.
"Monetary Policy, Determinacy, and Learnability in a Two‐Block World Economy,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 41(8), pages 1585-1612, December.
- James Bullard & Eric Schaling, 2009. "Monetary Policy, Determinacy, and Learnability in a Two-Block World Economy," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 41(8), pages 1585-1612, December.
- James B. Bullard & Eric Schaling, 2006. "Monetary policy, determinacy, and learnability in a two-block world economy," Working Papers 2006-038, Federal Reserve Bank of St. Louis.
- 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.
- GalÃ, Jordi & Monacelli, Tommas, 2002. "Monetary Policy and Exchange Rate Volatility in a Small Open Economy," CEPR Discussion Papers 3346, C.E.P.R. Discussion Papers.
- Jordi Gali & Tommaso Monacelli, 2002. "Monetary Policy and Exchange Rate Volatility in a Small Open Economy," NBER Working Papers 8905, National Bureau of Economic Research, Inc.
- Jordi Galí & Tommaso Monacelli, 2003. "Monetary Policy and Exchange Rate Volatility in a Small Open Economy," Working Papers 11, Barcelona School of Economics.
- Jordi Galí & Tommaso Monacelli, 2004. "Monetary policy and exchange rate volatility in a small open economy," Economics Working Papers 835, Department of Economics and Business, Universitat Pompeu Fabra.
- Schabert, Andreas, 2005.
"Money Supply and the Implementation of Interest Rate Targets,"
CEPR Discussion Papers
5094, C.E.P.R. Discussion Papers.
- Schabert, Andreas, 2005. "Money supply and the implementation of interest rate targets," Working Paper Series 483, European Central Bank.
- Andreas Schabert, 2005. "Money Supply and the Implementation of Interest Rate Targets," Tinbergen Institute Discussion Papers 05-059/2, Tinbergen Institute.
- Gali, Jordi & Monacelli, Tommaso, 2008.
"Optimal monetary and fiscal policy in a currency union,"
Journal of International Economics, Elsevier, vol. 76(1), pages 116-132, September.
- GalÃ, Jordi & Monacelli, Tommas, 2005. "Optimal Monetary and Fiscal Policy in a Currency Union," CEPR Discussion Papers 5374, C.E.P.R. Discussion Papers.
- Jordi Galí & Tommaso Monacelli, 2005. "Optimal monetary and fiscal policy in a currency union," Economics Working Papers 909, Department of Economics and Business, Universitat Pompeu Fabra, revised Feb 2008.
- Jordi Gali & Tommaso Monacelli, 2005. "Optimal Monetary and Fiscal Policy in a Currency Union," NBER Working Papers 11815, National Bureau of Economic Research, Inc.
- Jordi Galí & Tommaso Monacelli, 2005. "Optimal Monetary and Fiscal Policy in a Currency Union," Working Papers 240, Barcelona School of Economics.
- Tommaso Monacelli & Jordi Galí, 2005. "Optimal Monetary and Fiscal Policy in a Currency Union," Working Papers 300, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- Uribe, Martin & Yue, Vivian Z., 2006.
"Country spreads and emerging countries: Who drives whom?,"
Journal of International Economics, Elsevier, vol. 69(1), pages 6-36, June.
- Martin Uribe & Vivian Z. Yue, 2004. "Country spreads and emerging countries: who drives whom?," Proceedings, Federal Reserve Bank of San Francisco, issue Jun.
- Martin Uribe & Vivian Z. Yue, 2003. "Country Spreads and Emerging Countries: Who Drives Whom?," NBER Working Papers 10018, National Bureau of Economic Research, Inc.
- Leith, Campbell & Wren-Lewis, Simon, 2009.
"Taylor rules in the open economy,"
European Economic Review, Elsevier, vol. 53(8), pages 971-995, November.
- Campbell Leith & Simon Wren-Lewis, 2002. "Taylor Rules in the Open Economy," Discussion Papers 0203, University of Exeter, Department of Economics.
- Campbell Leith & Simon Wren-Lewis, 2002. "Taylor Rules in the Open Economy," Working Papers 2002_14, Business School - Economics, University of Glasgow.
- William Barnett & Unal Eryilmaz, 2022.
"Monetary Policy and Determinacy: An Inquiry in Open Economy New Keynesian Framework,"
WORKING PAPERS SERIES IN THEORETICAL AND APPLIED ECONOMICS
202203, University of Kansas, Department of Economics.
- Barnett, William A. & Eryilmaz, Unal, 2022. "Monetary Policy and Determinacy: An Inquiry in Open Economy New Keynesian Framework," MPRA Paper 111567, University Library of Munich, Germany.
- William A. Barnett & Unal Eryilmaz, 2023. "Monetary Policy and Determinacy: An Inquiry into Open Economy New Keynesian Macrodynamics," Open Economies Review, Springer, vol. 34(2), pages 217-253, April.
- PLASMANS, Joseph & FORNERO, Jorge & MICHALAK, Tomasz, 2006.
"A microfounded sectoral model for open economies,"
Working Papers
2007013, University of Antwerp, Faculty of Business and Economics.
- Plasmans, J.E.J. & Fornero, J. & Michalak, T., 2007. "A Microfounded Sectoral Model for Open Economies," Discussion Paper 2007-39, Tilburg University, Center for Economic Research.
- Jorge Fornero & Tomasz Michalak & Joseph Plasmans, 2007. "A Microfounded Sectoral Model for Open Economies," CESifo Working Paper Series 2052, CESifo.
- Plasmans, J.E.J. & Fornero, J. & Michalak, T., 2007. "A Microfounded Sectoral Model for Open Economies," Other publications TiSEM 0fa43989-a96a-4c17-86de-e, Tilburg University, School of Economics and Management.
- Ludger Linnemann & Andreas Schabert, 2010.
"Debt Nonneutrality, Policy Interactions, And Macroeconomic Stability,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 51(2), pages 461-474, May.
- Ludger Linnemann & Andreas Schabert, 2004. "Debt Non-Neutrality, Policy Interactions, and Macroeconomic Stability," Working Paper Series in Economics 12, University of Cologne, Department of Economics.
- Ludger Linnemann & Andreas Schabert, 2005. "Debt Non-Neutrality, Policy Interactions, and Macroeconomic Stability," Tinbergen Institute Discussion Papers 05-077/2, Tinbergen Institute.
- Leitemo, Kai, 2006.
"Targeting inflation by forecast feedback rules in small open economies,"
Journal of Economic Dynamics and Control, Elsevier, vol. 30(3), pages 393-413, March.
- Kai Leitemo, 2004. "Targeting Inflation by Forecast Feedback Rules in Small Open Economies," Computing in Economics and Finance 2004 18, Society for Computational Economics.
- Markus Kirchner & Malte Rieth, 2010. "Sovereign Risk and Macroeconomic Fluctuations in an Emerging Market Economy," Tinbergen Institute Discussion Papers 10-100/2, Tinbergen Institute.
More about this item
Keywords
Fiscal-monetary policy interactions; sovereign default risk; foreign debt; inflation targeting; original sin;All these keywords.
JEL classification:
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
- E63 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization; Treasury Policy
- F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBA-2006-07-02 (Central Banking)
- NEP-FMK-2006-07-02 (Financial Markets)
- NEP-MAC-2006-07-02 (Macroeconomics)
- NEP-PBE-2006-07-02 (Public Economics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tin:wpaper:20060045. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tinbergen Office +31 (0)10-4088900 (email available below). General contact details of provider: https://edirc.repec.org/data/tinbenl.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.