Now showing items 1-3 of 3

    • Yilmazkuday, Hakan (Vanderbilt University, 2008)
      This paper develops an open economy DSGE model with an emphasis on trade costs to evaluate the performance of the Bank of Canada in the Canadian inflation targeting experience. For model parametrization, the New-Keynesian ...
    • Weymark, Diana N.; Shintani, Mototsugu (Vanderbilt University, 2004)
      We propose a methodology for constructing operational indices of inflation pressure, the monetary authority's effort to reduce this pressure, and the degree to which inflation pressure is alleviated. We begin with model ...
    • Hughes Hallett, Andrew; Demertzis, Maria (Vanderbilt University. Dept. of Economics, 2004-02)
      In this paper we examine the consequences of having a Central Bank whose preferences are state contingent. This has variously been identified in the literature as a Central Bank that is "rationally inattentive", "risk ...