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International dimensions of monetary policy
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International dimensions of monetary policy

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Descriptive Notes

Papers from a conference held June 2007 in Spain.

Contents

Introduction / Jordi Gali and Mark Gertler
Globalization and monetary control / Michael Woodford
Comment: David Romer
The transmission of domestic shocks in open economies / Christopher Erceg, Christopher Gust and David López-Salido
Comment: Malin Adolfson
International transmission and monetary policy cooperation / Günter Coenen, Giovanni Lombardo, Frank Smets and Roland Straub
Comment: Christopher A. Sims
Current account dynamics and monetary policy / Andrea Ferrero, Mark Gertler, and Lars E.O. Svensson
Comment: Paolo Pesenti
Monetary rules in emerging economies with financial market imperfections / Nicoletta Batini, Paul Levine, and Joseph Pearlman
Comment: Frederic S. Mishkin
Optimal monetary policy and the sources of local-currency price stability / Giancarlo Corsetti, Luca Dedola, and Sylvain Leduc
Comment: Philippe Bacchetta
The macroeconomic effects of oil price shocks: why are the 2000s so different from the 1970s? / Olivier J. Blanchard and Jordi Galí
Comment: Julio J. Rotemberg
Global forces and monetary policy effectiveness / Jean Boivin and Marc P. Giannoni
Comment: Lucrezia Reichlin
Rejoinder by Jean Boivin and Marc P. Giannoni
Monetary policy in Europe versus the U.S.: what explains the difference? / Harald Uhlig
Comment: Andrew Levin
Globalization and inflation dynamics: the impact of increased competition / Argia M. Sbordone
Comment: Tommaso Monacelli
The effects of globalization on inflation, liquidity and monetary policy / Lucas Papademos
Globalization and monetary policy: missions impossible / John B. Taylor
Panel remarks / Donald L. Kohn, Rakesh Mohan, José Viñals.

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International dimensions of monetary policy. ISBN 9780226278865. Published by University of Chicago in 2009. Publication and catalogue information, links to buy online and reader comments.

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