Matches in SemOpenAlex for { <https://semopenalex.org/work/W1993432655> ?p ?o ?g. }
Showing items 1 to 83 of
83
with 100 items per page.
- W1993432655 abstract "In this paper, we analyze how lack of credibility and transparency of monetary and fiscal policies undermines the effectiveness of macroeconomic policies to isolate the economy from commodity price fluctuations. We develop a general equilibrium model for a commodity-exporting economy where macro policies are conducted through rules. We show that the responses of output, aggregate demand, and inflation to an increase in commodity price are magnified when these rules are imperfectly credible and lack transparency. If policies are imperfectly credible, then transparency helps private agents to learn the systematic behavior of the autorities, reducing the effects of commodity prices shocks. Coherent with the model, we show cross-country evidence that monetary policy transparency and fiscal credibility reduce the incidence of export price volatility on output volatility. Also, our results indicate that having an explicit fiscal rule and an inflation targeting regime contribute to isolate the economy from terms of trade fluctuations." @default.
- W1993432655 created "2016-06-24" @default.
- W1993432655 creator A5045479819 @default.
- W1993432655 creator A5055807472 @default.
- W1993432655 date "2014-01-01" @default.
- W1993432655 modified "2023-09-23" @default.
- W1993432655 title "Commodity Price Shocks and Imperfectly Credible Macroeconomic Policies in Commodity-Exporting Small Open Economies" @default.
- W1993432655 cites W1503062697 @default.
- W1993432655 cites W1506227891 @default.
- W1993432655 cites W1539023707 @default.
- W1993432655 cites W1976140283 @default.
- W1993432655 cites W1978347622 @default.
- W1993432655 cites W1985870257 @default.
- W1993432655 cites W2108910241 @default.
- W1993432655 cites W2111296082 @default.
- W1993432655 cites W2114124966 @default.
- W1993432655 cites W2115474781 @default.
- W1993432655 cites W2117422744 @default.
- W1993432655 cites W2117790685 @default.
- W1993432655 cites W2128608083 @default.
- W1993432655 cites W2132541176 @default.
- W1993432655 cites W2139123940 @default.
- W1993432655 cites W2149530077 @default.
- W1993432655 cites W2171720247 @default.
- W1993432655 cites W2268160547 @default.
- W1993432655 cites W2304462621 @default.
- W1993432655 cites W3122428702 @default.
- W1993432655 cites W3123324142 @default.
- W1993432655 cites W3124211566 @default.
- W1993432655 cites W3124439533 @default.
- W1993432655 cites W3144289255 @default.
- W1993432655 cites W1995278743 @default.
- W1993432655 doi "https://doi.org/10.2139/ssrn.2407526" @default.
- W1993432655 hasPublicationYear "2014" @default.
- W1993432655 type Work @default.
- W1993432655 sameAs 1993432655 @default.
- W1993432655 citedByCount "0" @default.
- W1993432655 crossrefType "journal-article" @default.
- W1993432655 hasAuthorship W1993432655A5045479819 @default.
- W1993432655 hasAuthorship W1993432655A5055807472 @default.
- W1993432655 hasBestOaLocation W19934326552 @default.
- W1993432655 hasConcept C106159729 @default.
- W1993432655 hasConcept C106306483 @default.
- W1993432655 hasConcept C126285488 @default.
- W1993432655 hasConcept C139719470 @default.
- W1993432655 hasConcept C162324750 @default.
- W1993432655 hasConcept C175992601 @default.
- W1993432655 hasConcept C18547055 @default.
- W1993432655 hasConcept C2777883944 @default.
- W1993432655 hasConcept C2779439359 @default.
- W1993432655 hasConcept C2993018946 @default.
- W1993432655 hasConcept C34447519 @default.
- W1993432655 hasConcept C556758197 @default.
- W1993432655 hasConceptScore W1993432655C106159729 @default.
- W1993432655 hasConceptScore W1993432655C106306483 @default.
- W1993432655 hasConceptScore W1993432655C126285488 @default.
- W1993432655 hasConceptScore W1993432655C139719470 @default.
- W1993432655 hasConceptScore W1993432655C162324750 @default.
- W1993432655 hasConceptScore W1993432655C175992601 @default.
- W1993432655 hasConceptScore W1993432655C18547055 @default.
- W1993432655 hasConceptScore W1993432655C2777883944 @default.
- W1993432655 hasConceptScore W1993432655C2779439359 @default.
- W1993432655 hasConceptScore W1993432655C2993018946 @default.
- W1993432655 hasConceptScore W1993432655C34447519 @default.
- W1993432655 hasConceptScore W1993432655C556758197 @default.
- W1993432655 hasLocation W19934326551 @default.
- W1993432655 hasLocation W19934326552 @default.
- W1993432655 hasOpenAccess W1993432655 @default.
- W1993432655 hasPrimaryLocation W19934326551 @default.
- W1993432655 hasRelatedWork W1536677042 @default.
- W1993432655 hasRelatedWork W2147895880 @default.
- W1993432655 hasRelatedWork W2163924125 @default.
- W1993432655 hasRelatedWork W2516131671 @default.
- W1993432655 hasRelatedWork W2559663702 @default.
- W1993432655 hasRelatedWork W2771379582 @default.
- W1993432655 hasRelatedWork W3033243864 @default.
- W1993432655 hasRelatedWork W3122494356 @default.
- W1993432655 hasRelatedWork W3122945522 @default.
- W1993432655 hasRelatedWork W34064942 @default.
- W1993432655 isParatext "false" @default.
- W1993432655 isRetracted "false" @default.
- W1993432655 magId "1993432655" @default.
- W1993432655 workType "article" @default.