Zobrazeno 1 - 10
of 27
pro vyhledávání: '"Tack Yun"'
Autor:
Tack Yun
Publikováno v:
Emerging Markets Finance and Trade. 53:2397-2418
The notion of purchasing power parity has been an important building block in the theory of nominal and real exchange rates and for many theoretic models in international economics, leading to the ...
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::e8c5f28d66cfa62582dfab57ae024777
https://doi.org/10.1080/1540496x.2017.1326381
https://doi.org/10.1080/1540496x.2017.1326381
Autor:
Tack Yun
Publikováno v:
Journal of Economic Theory & Econometrics; Sep2020, Vol. 31 Issue 3, p71-118, 48p
Autor:
Tack Yun, Bulent Guler
Publikováno v:
International Economic Journal. 27:201-215
This paper focuses on how to obtain numerical solutions to emerging-market DSGE models with occasionally binding constraints by using the Euler equation, rather than using value functions of households. The main point is that the Euler-equation appro
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::e5119f45bfce9ebe9d0250f671404bb3
https://doi.org/10.1080/10168737.2013.796111
https://doi.org/10.1080/10168737.2013.796111
Autor:
Tack Yun, Enrique G. Mendoza
Publikováno v:
International Economic Journal. 27:179-182
• Sources of Business Cycles in Emerging-market Business Cycles: Recent Advancement in Models of Emerging-market Business Cycles • Macroeconomic and Financial Stability in Emerging-market Countries...
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::4adf4b6b0a74200d70bc2246f6a0814c
https://doi.org/10.1080/10168737.2013.796113
https://doi.org/10.1080/10168737.2013.796113
Autor:
Tack Yun
Publikováno v:
International Economic Journal. 27:285-302
In this paper, we summarize the recent advancement of emerging-economies macroeconomics. We begin with stylized facts and models of real business-cycles (RBCs) for emerging-market countries and then move onto the discussion of various issues associat
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::27ca21af94af5f871845a8acba529d8a
https://doi.org/10.1080/10168737.2013.796116
https://doi.org/10.1080/10168737.2013.796116
Autor:
Tack Yun, Yongseung Jung
Publikováno v:
Journal of Money, Credit and Banking. 45:201-231
In this paper, we study the Calvo pricing models with finished goods inventory investment to demonstrate that the current inflation can be expressed as a function of the marginal cost of sales, not the marginal production cost, and expected future in
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::2c3de60e4a2dac6e29967beb1e6186d2
https://doi.org/10.1111/j.1538-4616.2012.00567.x
https://doi.org/10.1111/j.1538-4616.2012.00567.x
Publikováno v:
Computational Economics. 37:221-236
In recent macro models with staggered price and wage settings, the presence of variables such as relative price and wage dispersion is prevalent, which leads to the source of bifurcations. In this paper, we illustrate how to detect the existence of a
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::479c6537b9ca54641585f111c6f077b6
https://doi.org/10.1007/s10614-010-9251-x
https://doi.org/10.1007/s10614-010-9251-x
Autor:
Tack Yun, Andrew T. Levin
Publikováno v:
Journal of Monetary Economics. 54:1344-1365
This paper formulates a stylized New Keynesian model in which each individual firm can select the frequency of its price adjustments. The endogeneity of contract duration has a dramatic impact on the magnitude of the aggregate effects of steady-state
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::ee6c7eed546804b04f176df4d9628722
https://doi.org/10.1016/j.jmoneco.2007.06.006
https://doi.org/10.1016/j.jmoneco.2007.06.006
Autor:
Eric M. Leeper, Tack Yun
Publikováno v:
International Tax and Public Finance. 13:373-409
The paper presents the fiscal theory of the price level in a variety of models, including endowment economies with lump-sum taxes and production economies with proportional income taxes. We offer a microeconomic perspective on the fiscal theory by co
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::84483e47fbba208a5ac6627662e52dbc
https://doi.org/10.1007/s10797-006-8599-2
https://doi.org/10.1007/s10797-006-8599-2
Autor:
Tack Yun
Publikováno v:
American Economic Review. 95:89-109
This paper analyzes optimal monetary policy in a sticky price model with Calvo-type staggered price-setting. In the paper, the optimal monetary policy maximizes the expected utility of a representative household without having to rely on a set of lin
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::0ed229a3bde967bee3e92f9e46e6146f
https://doi.org/10.1257/0002828053828653
https://doi.org/10.1257/0002828053828653