Search Results

You are looking at 1 - 4 of 4 items

  • Keyword: Cycles and Endogenous Fluctuations x
Clear All Modify Search
Interest Rate Rules, Endogenous Cycles, and Chaotic Dynamics in Open Economies

Interest Rate Rules, Endogenous Cycles, and Chaotic Dynamics in Open Economies »

Source: Interest Rate Rules, Endogenous Cycles, and Chaotic Dynamics in Open Economies

Volume/Issue: 2012/121

Series: IMF Working Papers

Author(s): Luis-Felipe Zanna , and Marco Airaudo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2012

ISBN: 9781475503500

Keywords: Small Open Economy, Interest Rate Rules, Taylor Rules, Multiple Equilibria, Chaos, Cycles and Endogenous Fluctuations, inflation, nominal interest rate, open economy, trade openness

We present an extensive analysis of the consequences for global equilibrium determinacy in flexible-price open economies of implementing active interest rate rules, i.e., monetary rules where the nominal interest r...

Recursive Utility, Endogenous Growth, and the Welfare Cost of Volatility1

Recursive Utility, Endogenous Growth, and the Welfare Cost of Volatility1 »

Source: Recursive Utility, Endogenous Growth, and the Welfare Cost of Volatility

Volume/Issue: 2001/5

Series: IMF Working Papers

Author(s): Aude Pommeret , and Anne Epaulard

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2001

ISBN: 9781451842180

Keywords: Welfare Cost of Fluctuations, Recursive Utility, Endogenous Growth, Risk, elasticity of substitution, growth rate, business cycles, growth model, Macroeconomic Policy, Macroeconomic Aspects of Public Finance

This paper proposes a measure of the welfare cost of volatitliy derived from an endogenous growth model (AK) under uncertainty extended to the case of a recursive utility function which disentangles risk aversion f...

Interest Rate Rules, Endogenous Cycles, and Chaotic Dynamics in Open Economies

Interest Rate Rules, Endogenous Cycles, and Chaotic Dynamics in Open Economies »

Volume/Issue: 2012/121

Series: IMF Working Papers

Author(s): Luis-Felipe Zanna , and Marco Airaudo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2012

DOI: http://dx.doi.org/10.5089/9781475503500.001

ISBN: 9781475503500

Keywords: Small Open Economy, Interest Rate Rules, Taylor Rules, Multiple Equilibria, Chaos, Cycles and Endogenous Fluctuations, inflation, nominal interest rate, open economy, trade openness

We present an extensive analysis of the consequences for global equilibrium determinacy in flexible-price open economies of implementing active interest rate rules, i.e., monetary rules where the nominal interest r...

Recursive Utility, Endogenous Growth, and the Welfare Cost of Volatility

Recursive Utility, Endogenous Growth, and the Welfare Cost of Volatility »

Volume/Issue: 2001/5

Series: IMF Working Papers

Author(s): Aude Pommeret , and Anne Epaulard

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2001

DOI: http://dx.doi.org/10.5089/9781451842180.001

ISBN: 9781451842180

Keywords: Welfare Cost of Fluctuations, Recursive Utility, Endogenous Growth, Risk, elasticity of substitution, growth rate, business cycles, growth model, Macroeconomic Policy, Macroeconomic Aspects of Public Finance

This paper proposes a measure of the welfare cost of volatitliy derived from an endogenous growth model (AK) under uncertainty extended to the case of a recursive utility function which disentangles risk aversion f...