Ramsey policies in a small open economy with sticky prices and capital

DOI10.1016/J.JEDC.2011.03.013MaRDI QIDQ654604zbMATH OpenOpenAlexWikidataFDO

Authors Stéphane Auray, Beatriz de Blas, Aurélien Eyquem

Publication date 29 December 2011

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL https://halshs.archives-ouvertes.fr/halshs-00581173/file/1115.pdf

zbMATH Keywords

sticky pricessmall open economyoptimal monetary and fiscal policies

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Special types of economic markets (including Cournot, Bertrand) (91B54)

Recommendations

• Optimal fiscal and monetary policy under sticky prices.
• RAMSEY MONETARY POLICY WITH CAPITAL ACCUMULATION AND NOMINAL RIGIDITIES
• Monetary Policy and Exchange Rate Volatility in a Small Open Economy
• Balanced-budget consumption taxes and aggregate stability in a small open economy
• Price Stability in Open Economies

Cites work

• Can Sticky Price Models Generate Volatile and Persistent Real Exchange Rates?
• Monetary Policy and Exchange Rate Volatility in a Small Open Economy
• Optimal Taxation of Capital Income in General Equilibrium with Infinite Lives
• Optimal fiscal and monetary policy under sticky prices.
• Optimal taxation in an RBC model: A linear-quadratic approach
• Price Stability in Open Economies
• The expenditure switching effect, welfare and monetary policy in a small open economy
• Welfare and macroeconomic interdependence

Cited in

(7)

• Optimal fiscal and monetary policy under sticky prices.
• The `New Keynesian' Phillips curve: closed economy versus open economy.
• RAMSEY MONETARY POLICY WITH CAPITAL ACCUMULATION AND NOMINAL RIGIDITIES
• Price Stability in Open Economies
• The role of net foreign assets in a New Keynesian small open economy model
• A tale of tax policies in open economies
• Balanced-budget consumption taxes and aggregate stability in a small open economy

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