Tatiana Damjanovic
Biographic Data
| ID | 5735601 |
|---|---|
| NAME | Tatiana Damjanovic |
| GIVEN NAMES | Tatiana |
| FAMILY NAME | Damjanovic |
| SIGNATURE | DAMJANOVIC T |
| AFFILIATIONS | University of St Andrews |
| ORCID | 0000-0001-6158-7982 |
| VERIFIED | Yes |
| TOTAL WORKS | 3 |
| TOTAL CITATIONS | 1 |
| WORKS AS AUTHOR | 3 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 2005 |
| LATEST PUBLICATION YEAR | 2010 |
| H-INDEX | 1 |
Relative Price Distortions and Inflation Persistence
Sticky-price models often suggest that relative price distortion is a major cost of inflation. We provide an intuition for this: Even at low rates, inflation strongly affects price dispersion which in turn has an impact on the economy qualitatively similar to, and of the order of magnitude of, a negative shift in productivity. The utility cost of price dispersion is quantified and its impact on optimal monetary policy discussed. Price dispersion …
Some Welfare Implications of Optimal Stabilisation Policy in an Economy With Capital and Sticky Prices
In this paper we review and extend some of the key lessons that seem to be emerging from the Ramsey‐inspired theory of dynamic optimal monetary and fiscal policies. We construct measures of the key distortions in our economy; we label these ‘dynamic wedges’. Inflation, actual or anticipated, distorts these wedges in the present period, shrinks the tax base and increases the deadweight loss. We show that, if possible, labour as well as capital oug…
Lorenz dominance for transformed income distributions
Relative Price Distortions and Inflation Persistence
Sticky-price models often suggest that relative price distortion is a major cost of inflation. We provide an intuition for this: Even at low rates, inflation strongly affects price dispersion which in turn has an impact on the economy qualitatively similar to, and of the order of magnitude of, a negative shift in productivity. The utility cost of price dispersion is quantified and its impact on optimal monetary policy discussed. Price dispersion …
Lorenz dominance for transformed income distributions
Some Welfare Implications of Optimal Stabilisation Policy in an Economy With Capital and Sticky Prices
In this paper we review and extend some of the key lessons that seem to be emerging from the Ramsey‐inspired theory of dynamic optimal monetary and fiscal policies. We construct measures of the key distortions in our economy; we label these ‘dynamic wedges’. Inflation, actual or anticipated, distorts these wedges in the present period, shrinks the tax base and increases the deadweight loss. We show that, if possible, labour as well as capital oug…
Relative Price Distortions and Inflation Persistence
Sticky-price models often suggest that relative price distortion is a major cost of inflation. We provide an intuition for this: Even at low rates, inflation strongly affects price dispersion which in turn has an impact on the economy qualitatively similar to, and of the order of magnitude of, a negative shift in productivity. The utility cost of price dispersion is quantified and its impact on optimal monetary policy discussed. Price dispersion …
Economic theories and models (3 works) · Economics (3 works) · Econometrics (2 works) · Economic Theory and Policy (2 works) · Inflation (cosmology (2 works) · Macroeconomics (2 works) · Monetary economics (2 works) · Monetary policy (2 works) · Monetary Policy and Economic Impact (2 works) · Biology (1 work)