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1by BAERISWYL, ROMAIN CORNAND, CAMILLE ZILIOTTO, BRUNO Published in Journal of money, credit and banking (01.12.2020)“...While the central bank observes market activity to assess economic fundamentals, it shapes the market outcome through the conduct of monetary policy. A dilemma...”
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2“...In an economy affected by shocks that are imperfectly known, the monetary instrument takes on a dual stabilizing role: as a policy response that directly...”
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3“...This article analyses the effects of economic transparency on the optimal monetary policy in an economy affected by demand shocks. In an environment of...”
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4by Romain Baeriswyl Camille Cornand Published in Journal of the European Economic Association (01.08.2014)“...Financial markets are known for overreacting to public information. Central banks can reduce this overreaction either by disclosing information to only a...”
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5“...In an experimental monetary general equilibrium economy, we assess two processes of monetary injection: credit expansion vs. lump-sum monetary transfers. In...”
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6by Baeriswyl, Romain Cornand, Camille Published in The B.E. journal of theoretical economics (01.01.2016)“...The weight assigned to public information in Keynesian beauty contests depends on both the precision of signals and the degree of strategic complementarities...”
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8“...La politique monétaire accommodante des années 1970 est habituellement justifiée dans un cadre à la Barro-Gordon. Au contraire, cet article montre que, même en...”
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9“...This paper analyzes the welfare effects of economic transparency in the conduct of monetary policy. We propose a model of monopolistic competition with...”
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16by Baeriswyl, Romain Published in Monetary Policy, Financial Crises, and the Macroeconomy (26.09.2017)“...This paper argues that central banks could control consumer price inflation better by injecting money through lump-sum transfers to citizens, rather than by...”
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