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Author:Canzoneri, Matthew B. 

Working Paper
The information content of the interest rate and optimal monetary policy

International Finance Discussion Papers , Paper 192

Working Paper
Wealth effects in the new neoclassical models

International Finance Discussion Papers , Paper 158

Working Paper
Stability in financial and labor markets: is there a tradeoff?

International Finance Discussion Papers , Paper 161

Conference Paper
Noncooperative monetary policies in interdependent economies: time consistency and reputation

Proceedings

Conference Paper
Should the European Central Bank and the Federal Reserve be concerned about fiscal policy?

Proceedings - Economic Policy Symposium - Jackson Hole

Working Paper
Optimal Dynamic Capital Requirements and Implementable Capital Buffer Rules

We build a quantitatively relevant macroeconomic model with endogenous risk-taking. In our model, deposit insurance and limited liability can lead banks to make risky loans that are socially inefficient. This excessive risk-taking can be triggered by aggregate or sectoral shocks that reduce the return on safer loans. Excessive risk-taking can be avoided by raising bank capital requirements, but unnecessarily tight requirements lower welfare by limiting liquidity producing bank deposits. Consequently, optimal capital requirements are dynamic (or state contingent). We provide examples in which ...
Finance and Economics Discussion Series , Paper 2020-056

Working Paper
Rational destabilizing speculation and exchange intervention policy

International Finance Discussion Papers , Paper 157

Conference Paper
Price- and wage- inflation targeting: variations on a theme by Erceg, Henderson, and Levin

Proceedings

Working Paper
Wage contracting, exchange rate volatility, and exchange intervention policy

International Finance Discussion Papers , Paper 212

Working Paper
Monetary policy games and the role of private information

International Finance Discussion Papers , Paper 249

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