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The Implementation of Stabilization Policy
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Theoretical Economics, 2021
Pegging the interest rate on bank reserves: A resolution of New Keynesian puzzles and paradoxes
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Journal of Monetary Economics, 2021
Revisiting speculative hyperinflations in monetary models: A rejoinder
In this note, we present a formal proof of Obstfeld and Rogoff's (1983, 2021) claim that their fractional-currency-backing scheme eliminates the inflationary equilibria in the money-in-utility model. ...
Review of Economic Dynamics, 2024