Sluggish Responses of Prices and Inflation to Monetary Shocks in an Inventory Model of Money Demand
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Coin Sizes and Payments in Commodity Money Systems
Warren E. Weber, Angela Redish
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Real Exchange Rate Movements and the Relative Price of Non-Traded Goods
Timothy J. Kehoe, Caroline M. Betts
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Sudden Stops, Sectoral Reallocations, and the Real Exchange Rate
Timothy J. Kehoe, Kim J. Ruhl
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Temporary Price Changes and the Real Effects of Monetary Policy
Patrick J. Kehoe, Virgiliu Midrigan
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On the Need for a New Approach to Analyzing Monetary Policy
Patrick J. Kehoe, Andrew Atkeson
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Understanding International Prices: Customers as Capital
Lukasz A. Drozd, Jaromir B. Nosal
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Default and the Maturity Structure in Sovereign Bonds
Cristina Arellano, Ananth Ramanarayanan
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New Keynesian Models: Not Yet Useful for Policy Analysis
Ellen R. McGrattan, Patrick J. Kehoe, V. V. Chari
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Liquidity in Asset Markets with Search Frictions
Ricardo Lagos, Guillaume Rocheteau
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Appendices: Technology Capital and the U.S. Current Account
Edward C. Prescott, Ellen R. McGrattan
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Technology Capital and the U.S. Current Account
Edward C. Prescott, Ellen R. McGrattan
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Intermediated Quantities and Returns
Edward C. Prescott, Rajnish Mehra, Facundo Piguillem
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Pricing-to-Market, Trade Costs, and International Relative Prices
Andrew Atkeson, Ariel Burstein
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Optimal Fiscal and Monetary Policy: Equivalence Results
Isabel Correia, Juan Pablo Nicolini, Pedro Teles
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