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Inflation targeting and nominal-income-growth targeting: When and why are they suboptimal?

, and . Journal of Monetary Economics, 52 (8): 1463--1495 (November 2005)

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Optimal monetary policy with staggered wage and price contracts, , and . Journal of Monetary Economics, 46 (2): 281-313 (October 2000)available at http://ideas.repec.org/a/eee/moneco/v46y2000i2p281-313.html.Negative net foreign asset positions and stability in a world portfolio balance model, and . Journal of International Economics, 13 (1-2): 85--104 (August 1982)Financial capital movements and central bank behavior in a two-country, short-run portfolio balance model, and . Journal of Monetary Economics, 2 (1): 33--61 (January 1976)Monetary policy in interdependent economies, and . MIT Press, Cambridge, Mass. u.a., (1991)The benefits of expediting government gold sales, , , and . Review of Financial Economics, 16 (3): 235--258 (2007)Inflation targeting and nominal-income-growth targeting: When and why are they suboptimal?, and . Journal of Monetary Economics, 52 (8): 1463--1495 (November 2005)