E58

This study examines the effect of nominal wage stickiness on the fiscal multiplier in a two-agent new Keynesian model. We demonstrate …

This paper examines the effect of implementation lags on government spending in a model with a cost channel. The main findings are …

This note examines the role of stock price stabilization in a small open new Keynesian model. We show that stabilizing stock prices is …

This study examines the optimal monetary policy delegation in a small-open new Keynesian model with model uncertainty. We show that …

This paper examines optimal monetary policy in a two-country model with staggered nominal prices and wages. We show that given home …

This study develops a two-country new Keynesian (NK) model that incorporates deep habits in consumption and investigates the …

The present study examines the role of nominal income growth targeting (NIGT) in a small-open economy and shows that the central …