1
by Rabanal, Pau
Published 2009
International Monetary Fund
... to be the decrease of nominal interest rates and demographic factors. In this paper we estimate a New Keynesian model...

2
by Rabanal, Pau
Published 2004
International Monetary Fund
... of conducting this type of policy are analyzed in a small scale new Keynesian model...

3
by Rabanal, Pau
Published 2011
International Monetary Fund
... Keynesian model of a currency area with durable goods to explain it. We find that labor market rigidities...

4
by Rabanal, Pau
Published 2003
International Monetary Fund
...This paper estimates the importance of the cost channel of monetary policy in a New Keynesian model...