Have a personal or library account? Click to login
The Cost Channel of Monetary Policy Transmission Cover
Open Access
|Jun 2011

References

  1. Bart, M. J. und Ramey, V. A. (2001), "The Cost Channel of Monetary Transmission", NBER Macroeconomics Annual 16, 199-240, MIT Press, Cambridge, MA.10.1086/654443
  2. Bernanke, B. S. und Gertler, M. (1995), "Inside the Black Box: The Credit Channel of Monetary Policy Transmission", The Journal of Economic Perspectives, 9, 27-48.10.1257/jep.9.4.27
  3. Calvo, G. A. (1983), "Staggered prices in a utility maximizing framework", Journal of Monetary Economics, 12, 383-398.10.1016/0304-3932(83)90060-0
  4. Chowdhury, I.; Hoffmann, M. und Schabert, A. (2006), "Inflation dynamics and the cost of monetary transmission", European Economic Review, 50, 955-1016.10.1016/j.euroecorev.2005.01.007
  5. Christiano, L. J.; Eichenbaum, M. und Evans, C. L. (1997), "Sticky price and limited participation models of money: a comparison", European Economic Review, 41, 1201-1249.10.1016/S0014-2921(97)00071-8
  6. Cogley, T. und Nason, J. M. (1995), "Output Dynamics in Real-Business-Cycle Models", American Economic Review, 85, 492-511.
  7. Dedola, L. und Lippi, F. (2005), "The Monetary Transmission Mechanism: Evidence from the Industries of five OECD Countries", European Economic Review, 49, 1543-1569.10.1016/j.euroecorev.2003.11.006
  8. Gaiotti, E. und Secchi, A. (2004), "Is there a cost channel of monetary policy transmission? An investigation into the pricing behaviour of 2000 firms", Temi di discussione (Economic working paper) 525, Banca d'Italia.
  9. Galì, J. und Gertler, M. (1999), "Inflation dynamics: A structural econometric analysis", Journal of Monetary Economics, 44, 195-222.10.1016/S0304-3932(99)00023-9
  10. Galì, J.; Gertler, M. und López-Salido, J. D. (2001), "European Inflation dynamics", European Economic Review, 45, 1237-1270.10.1016/S0014-2921(00)00105-7
  11. Hicks, J. R. (1979), "Is Interest the Price of a Factor of Production?", In Time, Uncertainty and Disequilibrium, edited by M. J. Rizzo, 51-63, D. C. Heath and Co., Lexington, MA.
  12. Holman, J. A. (1998), "GMM Estimation of a Money-in-the-Utility-Function Model: The Implication of Functional Forms", Journal of Money, Credit and Banking, 30, 679-698.10.2307/2601124
  13. Kaufmann, S. und Scharler, J. (2005), "Financial Systems and the Cost Channel Transmission of Monetary Policy Shocks", Working Paper 116, OeNB.
  14. McCallum, B. T. und Nelson, E. (1999), "An Optimizing IS-LM-Specification for Monetary Policy and Business Cycle Analysis", Journal of Money, Credit and Banking, 21, 296-316.10.2307/2601113
  15. Parker, J. A. (2006), "Euler Equations", unpublished working paper, Princeton University.
  16. Rabanal, P. (2003), "The Cost Channel of Monetary Policy: Further Evidence for the United States and the Euro area", IMF Working Paper 03/149, IMF.10.5089/9781451856910.001
  17. Ravenna, F. und Walsh, C. E. (2006), "Optimal monetary policy with the cost channel", Journal of Monetary Economics, 53, 199-216.10.1016/j.jmoneco.2005.01.004
  18. Roberts, J. M. (1995), "New Keynesian Economics and the Phillips Curve", Journal of Money, Credit and Banking, 27, 975-984.10.2307/2077783
  19. Surico, P. (2008), "The Cost Channel of Monetary Policy and Indeterminacy", Macroeconomic Dynamics, 12, 724-735.10.1017/S1365100508070338
  20. Tillmann, P. (2008), "Do interest rates drive inflation dynamics? An analysis of the cost channel of monetary transmission", Journal of Economic Dynamics and Control, 32, 2723-2744.10.1016/j.jedc.2007.10.005
  21. Tillmann, P. (2009), "Optimal Monetary Policy with an Uncertain Cost Channel", Journal of Money, Credit and Banking, 41, 885-906.10.1111/j.1538-4616.2009.00237.x
  22. Walsh, C. E. (2003), Monetary Theory and Policy, 2. Auflage, MIT Press, Cambridge, MA.
  23. Woodford, M. (2003), Interest and Prices: Foundations of a Theory of Monetary Policy, Princeton University Press, Princeton, NJ.10.1515/9781400830169
Language: English
Page range: 19 - 23
Published on: Jun 7, 2011
Published by: University of Sarajevo
In partnership with: Paradigm Publishing Services
Publication frequency: 3 issues per year

© 2011 Andreas Westermeier, published by University of Sarajevo
This work is licensed under the Creative Commons License.

Volume 5 (2010): Issue 1 (April 2010)