Oxford University Press eBooks · 2000 · 180 citations · 19 references
Social SciencesEconomicsAsset PricingMacroeconomicsMonetary EconomicsAsset PricesAsset Pricing EmpiricsInflation PolicyMonetary PolicyMonetary Transmission MechanismVolatility ModelingAsset Price VolatilityAsset VolatilityMacroeconomic Asset PricingMonetary Policy DynamicsMonetary Policy ResponsesMonetary Policy RulesPolicy Rules
We explore the implications of asset price volatility for the management of monetary policy.
19
Staggered prices in a utility-maximizing framework
Guillermo A. Calvo · Journal of Monetary Economics · 1983 · 7.4K citations