Título de la tesis:

Autor/es:

Cecioni, Martina

Tipo de documento:

Tesis (Doctoral)

Universidad:

UPF

Departamento:

Economia i Empresa

Idioma:

Anglès

Palabras clave:

optimal monetary policy, open economy, monetary union, inflation, new Keynesian model, firm entry dynamics, política monetaria Óptima, economía abierta, unión monetaria, inflación modelo Neo Keynesiano, dinámica de entrada de firmas

Fecha de la defensa:

22-01-2010

Notas:

Tesis dirigida por: Galí, Jordi

Resumen: This thesis extends the basic New Keynesian (NK) model to answer two questions. How should monetary policy be designed in heterogeneous currency areas? What is the effect of competitive pressures on the inflation dynamics? The first chapter analyzes the monetary policy design in currency areas in which countries display different degrees of external openness. Such heterogeneity implies that the optimal policy plan exhibits a stronger motive for the currency area exchange rate stabilization in order to dampen inflation differentials. The second chapter studies the design of targeting rules ...

Valoración: