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Recent unpublished papers
New Principles For Stabilization Policy
A Model of Post-2008 Monetary Policy
Published papers Stabilization Policy and Lags
Revisiting Speculative Hyperinflations in Monetary Models: A Rejoinder
Theoretical Economics, May 2021, Vol. 16, No. 2, pp. 677-716 [Online Appendix] [Replication files] Pegging the Interest Rate on Bank Reserves: A Resolution of New Keynesian Puzzles and Paradoxes Journal of Monetary Economics, March 2021, Vol. 118, pp. 230-244 (with B. Diba) [Online Appendix] [Replication file] Optimal Monetary and Prudential Policies American Economic Journal: Macroeconomics, January 2017, Vol. 9, No. 1, pp. 40-87 (with F. Collard, H. Dellas, and B. Diba) Liquidity Shocks, Equity-Market Frictions, and Optimal Policy Macroeconomic Dynamics, September 2015, Vol. 19, No. 6, pp. 1195-1219 (with H. Dellas and B. Diba) Discussion of “Monetary and Macroprudential Policy in an Estimated DSGE Model of the Euro Area” International Journal of Central Banking, June 2014, Vol. 10, No. 2, pp. 237-247 To Be or Not To Be in Monetary Union: A Synthesis Journal of International Economics, March 2011, Vol. 83, No. 2, pp. 154-167 (with L. Clerc and H. Dellas) Bubble-Free Policy Feedback Rules Journal of Economic Theory, July 2009, Vol. 144, No. 4, pp. 1521-1559 Central Bank Reputation in a Forward-Looking Model Journal of Economic Dynamics and Control, November 2008, Vol. 32, No. 11, pp. 3718-3742 Endogenously Asymmetric Demand Shocks in a Monetary Union Journal of Economic Integration, December 2005, Vol. 20, No. 4, pp. 746-770 Why Was the Euro Weak? Markets and Policies European Economic Review, May 2001, Vol. 45, No. 4-6, pp. 988-994 (with D. Cohen) Coordination, Cooperation, Contagion and Currency Crises Journal of International Economics, April 2001, Vol. 53, No. 2, pp. 399-419 (with P. Martin) Les effets de la coordination et de la coopération internationales sur le déclenchement des crises de change spéculatives Revue Économique, March 2001, Vol. 52, No. 2, pp. 233-248 (with P. Martin) Old unpublished papers Monetary Policy and Herd Behavior: Leaning Against Bubbles
INSEE Working Paper No. G2001/05, April 2001 (with C. Audenis, P. Biscourp, and N. Fourcade) |