Discussion paper DP16998 Price Setting with Strategic Complementarities as a Mean Field Game Francesco Lippi Fernando Alvarez Panagiotis Souganidis 3 Feb 2022 Monetary economics Sticky prices Strategic complementarities Dynamic equilibria Mean field games Singular stochastic control International Macroeconomics and Finance Monetary Economics and Fluctuations E3 E5
Discussion paper DP16975 Earnings-Based Borrowing Constraints and Macroeconomic Fluctuations Thomas Drechsel 30 Jan 2022 Collateral constraints Loan covenants Cash flow-based lending Financial frictions Investment-specific shocks Sticky prices International Macroeconomics and Finance Monetary Economics and Fluctuations E22 E32 E44 G32
VoxEU Column The Mussa puzzle and the optimal exchange rate policy Oleg Itskhoki Dmitry Mukhin 17 Jan 2022 Monetary Policy Exchange Rates Mussa puzzle floating exchange rate regime Exchange rate policy Sticky prices
Discussion paper DP16626 Empirical Investigation of a Sufficient Statistic for Monetary Shocks Fernando Alvarez Andrea Ferrara Erwan Gautier Hervé Le Bihan Francesco Lippi 9 Oct 2021 Impulse response functions Monetary shocks Generalized hazard function Sticky prices Sufficient statistic International Macroeconomics and Finance Monetary Economics and Fluctuations E3 E5
Discussion paper DP16404 Consistent Evidence on Duration Dependence of Price Changes Fernando Alvarez Katarína Borovičková Robert Shimer 28 Jul 2021 Baseline hazard Unobserved heterogeneity Mixed proportional hazard Gmm Sticky prices Nominal rigidities Monetary Economics and Fluctuations E31 E50 C14
Discussion paper DP15619 Parallel Digital Currencies and Sticky Prices Harald Uhlig Taojun Xie 29 Dec 2020 Digital currency Currency choice monetary policy Sticky prices New keynesian model Monetary Economics and Fluctuations E52 E30
Discussion paper DP15619 Parallel Digital Currencies and Sticky Prices Harald Uhlig Taojun Xie 29 Dec 2020 Digital currency Currency choice monetary policy Sticky prices New keynesian model Monetary Economics and Fluctuations E52 E30
Discussion paper DP15583 Aggregate-Demand Amplification of Supply Disruptions: The Entry-Exit Multiplier Florin Bilbiie Marc J Melitz 21 Dec 2020 Entry-exit Aggregate demand and supply Variety Sticky prices Covid-19 Recessions Monetary Economics and Fluctuations E3 E4 E5 E6
Discussion paper DP15583 Aggregate-Demand Amplification of Supply Disruptions: The Entry-Exit Multiplier Florin Bilbiie Marc J Melitz 21 Dec 2020 Entry-exit Aggregate demand and supply Variety Sticky prices Covid-19 Recessions Monetary Economics and Fluctuations E3 E4 E5 E6
Discussion paper DP13529 The Fiscal Multiplier Kurt Mitman Iourii Manovskii Marcus Hagedorn 14 Feb 2019 Fiscal multiplier Incomplete markets Sticky prices Liquidity trap Monetary Economics and Fluctuations
Discussion paper DP13398 Monetary policy implications of state-dependent prices and wages Anton Nakov 17 Dec 2018 Sticky prices Sticky wages State-dependent adjustment Logit equilibrium Near rationality Control costs Monetary Economics and Fluctuations E31 D81 C73
VoxEU Column Nominal price stickiness and real exchange rate fluctuations Andres Blanco Javier Cravino 17 Aug 2018 Exchange Rates Monetary Policy nominal price stickiness Sticky prices Real exchange rate
