Book of Donmon Teith

This paper develops a new open economy macro model of optimal monetary for a small open economy. Our main result is that in this model, the optimal policy probl

This book provides a thorough survey of the model-based literature on optimal monetary in a stochastic setting. The survey begins with the literature of the 197

This paper compares the monetary policy problem in open economies with that in closed economies. It is found that the monetary policy problems in open and close

This chapter studies optimal monetary stabilization policy in interdependent open economies, by proposing a unified analytical framework systematizing the exist