Monetary Discretion, Pricing Complementarity and Dynamic Multiple Equilibria



References

[1] Albanesi, Stefania, V.V. Chari and Lawrence Christiano (2002), “Expectations Traps
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[2] Barro, Robert and David B. Gordon (1983), “A Positive Theory of Monetary Policy
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[3] Blanchard, Olivier J. and Nobuhiro Kiyotaki (1987), “Monopolistic Competition and
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[4] Chari, V.V., Lawrence J. Christiano and Martin Eichenbaum (1998), “Expectations
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[5] Clarida, Richard, Jordi Gali and Mark Gertler (1999), “The Science of Monetary
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[6] Cooper, Russell W. and A. Andrew John (1988), “Coordinating Coordination Fail-
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[7] Dedola, Luca (2000), “Credibility and the Gains from Commitment in a General
Equilibrium Model,” University of Rochester Ph.D. thesis.

[8] Dotsey, Michael and Andreas Hornstein (2004), unpublished notes on Discretionary
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[9] Dotsey, Michael and Andreas Hornstein (2003), “Should a monetary policymaker
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[10] Ennis, Huberto M. and Todd Keister (forthcoming), “Government Policy and the
Probability of Coordination Failures,” European Economic Review.

[11] Glomm, Gerhard and B. Ravikumar (1995), “Endogenous Public Policy and Multiple
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[12] Goodfriend, Marvin (1993), “Interest Rate Policy and the Inflation Scare Problem:
1979-92,” Federal Reserve Bank of Richmond Economic Quarterly (Winter), pp.
1-24.

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