JEL Classification: D60, E31, E41, E61, H21deflation, downward nominal rigidities, inflation costs and benefits, inflation differentials, price stability

Camba-Méndez, Gonzalo

García, Juan Angel

Rodriguez-Palenzuela, Diego

English

Research Papers in Economics

A cost-benefit analysis of going from low inflation to price stability’.

A Depressed Labor Market as Explained by Participants’, mimeo,

A Near-rational Model of the Business Cycle with Wage and Price Inertia’,

C.-M.-Arshad (2002): ‘Rent Seeking and Economic Growth: Evidence from a Panel of U.S.

Comment on “Do We Know How Low Should Inflation Be?” by C. Wyplosz’, In “Why price stability?”, First ECB Central Banking Conference”. European Central Bank,

Comment on “Does Inflation Grease the Wheels of the Labor Market?”. In “Reducing Inflation: Motivation

Comparing partial and general equilibrium estimates of the costs of inflation’, Contemporary Economic Policy,

Discussion of “Towards an understanding of the costs of inflation:

Do We Know How Low Should Inflation Be?’

Does inflation harm economic growth?’,

Downward nominal rigidity and monetary policy’, Bank of England Working

Downward Nominal Wage Rigidity: Evidence from the Employment Cost Index’, Board of Governors of the Federal Reserve System Finance and Economics Discussion Paper,

Downward nominal-wage rigidity: a critical assessment and some new evidence for Canada’, mimeo, Université de Montreal,

European inflation dynamics’,

European Monetary Unification: A Tour d'Horizon’, Oxford Review of Economic Policy,

Evidence of Nominal Wage Stickiness from Micro-data’.

Fiscal Policy and Regional Inflation in a Currency Union’, Federal Reserve Bank of Richmond Working Paper No.03-11,

How costly is sustained low inflation for the US economy?, Federal Reserve Bank of St. Louis Working Paper

How Rigid Are Nominal Wages? Evidence and Implications for Germany’, forthcoming in

Inequality and economic growth: the perspective of new growth theories’,

Inflation and Economic Growth’, Bank of England Quarterly Bulletin,

Inflation and financial sector size’,

Inflation and productivity differentials in EMU’, Leuven Discussion Paper 00/15,

Inflation and Unemployment’,

Inflation crisis and long-run growth’,

Inflation differentials in a monetary union’,

Inflation dynamics: A structural econometric analysis’,

Inflation in the theory of public finance’,

Inflation Persistence and Optimal Monetary Policy in the Euro Area’, European Central Bank Working Paper No.

Inflation targets and the liquidity trap’, mimeo, European Central Bank,

Inflation uncertainty and growth in a cash-in-advance economy’,

Investments, Hold-up, and the Form of Market Contracts’,

Is there scope for inflation differentials in EMU? An empirical evaluation of the Balassa-Samuelson model in EMU countries’, Bank of Finland discussion paper 15/98.

Labor Markets in the European Union’,

Labour market search, sticky prices and interest rate policy’, mimeo UCSB,

Looking Inside the Labor Market: A Review Article’,

Macroeconomic Policy, Wage Setting and Employment -

Menu costs and Phillips curves’, mimeo,

Menu costs, posted prices and multiproduct retailers’,

Monetary and exchange rate policies of the euro area – Selected issues’, Article IV consultation on the euro area,

Monetary Economics: Theory and Policy’,

Monetary policy and the zero bound to interest rates: A review’, ECB Working Paper No.

Monetary Union, Price Level Convergence, and Inflation: How Close is Europe to the United States?’,

Money and Credit as a means of payment’,

Nominal Rigidities without menu costs: evidence from E-Commerce’, Georgia Institute of Technology, mimeo,

Nominal Wage Flexibility, Wage Indexation and Monetary Union’,

Nominal wage rigidity in the European countries: evidence from the Europanel’,

Nominal Wage Rigidity in the United Kingdom’,

On inflation as a regressive consumption tax’, mimeo,

On sand and the role of grease in labour markets’, mimeo, IMF,

Optimal Fiscal and Monetary Policy: Some Recent Results’,

Optimal Monetary and Fiscal Policy: A Linear-Quadratic Approach’, mimeo,

Optimal Monetary Policy in a Currency Area’,

Optimal monetary policy’, Federal Reserve Bank of Richmond Working

Optimality of the Friedman rule in economies with distorting taxes’,

Price level convergence and competition in the euro area’, Monthly Bulletin, ECB,

Price stability versus low inflation in Germany: an analysis of costs and benefits’.

Productivity trends in Europe: Implications for real exchange rates, real interest rates and inflation’, mimeo,

Relative Labor Productivity and the Real Exchange Rate in the Long Run: Evidence for a Panel of OECD Countries’,

Relative labour productivity and the real exchange rate in the long run: evidence from a panel of OECD countries’,

Rigid Wages?’,

Robustness and Real Consequences of Nominal Wage Rigidity’,

Search, Bargaining, Money and Prices’,

Shoe-leather costs reconsidered’, Working paper of the Bank of England No.

Small Menu Costs and Large Business Cycles: A Macroeconomic Model of Monopoly’,

Some costs and benefits of price stability in the United Kingdom’,

Some Evidence on the Importance of Sticky Prices’,

Some international evidence on output-inflation trade-offs’,

Stable Price Level and Changing Prices’, mimeo, Bank of Finland.

Staggered Prices in a Utility-Maximising Framework’,

Staggered Wage Setting in a Macro Model’,

The case for Price Stability’. In “Why price stability?”, First ECB Central Banking Conference, European Central Bank.

The costs and benefits of

The costs and benefits of going from low inflation to price stability’.

The Costs of Inflation Revisited’, forthcoming in Review of Austrian Economics,

The Extent and Consequences of Downward Nominal Wage Rigidity’.

The functional form of the demand for euro area M1’, ECB Working Paper No.

The Future of Collective Bargaining in Europe’.

The minimum inflation rate for Euroland’,

The optimal inflation tax when taxes are costly to collect’,

The optimal inflation tax’, Review of Economic Dynamics,

The optimal rate of inflation and other essays’,

The purchasing power parity doctrine: a reappraisal’,

The Purchasing power parity puzzle’,

The role of Shocks and Institutions in the rise of European Unemployment: The Aggregate Evidence’, Harry Johnson lecture,

The time consistency of fiscal and monetary policies’, mimeo, Federal Reserve Bank of Minneapolis,

The welfare costs of inflation in general equilibrium’,

The welfare costs of inflationary finance’,

Theoretical notes on trade problems’,

Time consistency and optimal inflation-tax smoothing: is there really a deflation bias?’, Mimeo,

Towards an understanding of the costs of inflation:

Trade Unions

Trends in European productivity and real exchange rates: implications for the Maastricht convergence criteria and for inflation targets after EMU’,

Wage Flexibility: Evidence from Five EU Countries based on the Wage Curve’, mimeo, Universidad de la Rioja.

Why do people dislike inflation?’. In “Reducing inflation: motivation and

Why Price Stability?’, First ECB Central Banking Conference, European Central Bank,

Zero lower bound: Is it a problem in the euro area?’, mimeo, European Central Bank,

Relevant economic issues concerning the optimal rate of inflation

http://www.ecb.europa.eu/pub/pdf/scpwps/ecbwp278.pdf

Relevant economic issues concerning the optimal rate of inflation

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