Now showing items 1-6 of 6

    • Asset Fire Sales and Credit Easing 

      Shleifer, Andrei; Vishny, Robert W. (American Economic Association, 2010)
    • Currency Crises and Monetary Policy in an Economy with Credit Constraints 

      Aghion, Philippe; Bacchetta, Philippe; Banerjee, Abhijit (Elsevier, 2001)
      This paper presents a simple model of currency crises which is driven by the interplay between the credit constraints of private domestic firms and the existence of nominal price rigidities. The possibility of multiple ...
    • Essays on International Finance and Macroeconomics 

      Lilley, Andrew (2020-09-28)
      This dissertation is composed of three essays on international macroeconomics and finance. The essays center on the interrelationship between asset prices, risk premia, and financial purchases. The first documents a stark ...
    • Monetary Policy for Emerging Market Economies: Beyond Inflation Targeting 

      Friedman, Benjamin Morton (Informa UK (Taylor & Francis), 2008)
      Monetary policymakers normally seek to achieve multiple objectives: for prices as well as real economic activity, sometimes for the composition of real activity as well as the aggregate, and often for aspects of the economy's ...
    • Reform of the International Monetary System: A Modest Proposal 

      Cooper, Richard N. (Incisive Media Plc, 2011)
      Reform of the international monetary system is back on the official agenda, for the first time since 1974, 37 years ago. France's president Nicolas Sarkozy called last year for a "new Bretton Woods conference", and has ...
    • The Simple Analytics of Monetary Policy: A Post-Crisis Approach 

      Friedman, Benjamin Morton (Informa UK Limited, 2013)
      The standard workhorse models of monetary policy now commonly in use, both for teaching macro- economics to students and for supporting policymaking within many central banks, are incapable of incorporating the most widely ...