Francisco J Ruge-Murciá
Biographic Data
| ID | 5868907 |
|---|---|
| NAME | Francisco J Ruge-Murciá |
| GIVEN NAMES | Francisco J |
| FAMILY NAME | Ruge-Murciá |
| SIGNATURE | RUGE-MURCIA F J |
| AFFILIATIONS | Université de Montréal |
| ORCID | 0000-0003-2291-4279 |
| VERIFIED | Yes |
| TOTAL WORKS | 3 |
| TOTAL CITATIONS | 6 |
| WORKS AS AUTHOR | 3 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 1995 |
| LATEST PUBLICATION YEAR | 1999 |
| H-INDEX | 2 |
Analysis of Exchange-Rate Target Zones Using a Limited-Dependent Rational-Expectations Model With Jumps
This article examines the exchange-rate determination in a target-zone regime when the bounds can be fixed for an extended period but are subject to occasional jumps. In this case, the behavior of the endogenous variable is affected by the agents' expectations about both the occurrence and the size of the jump. Empirical results using data for the franc/mark exchange rate provide support for the nonlinear model with time-varying realignment proba…
Government expenditure and the dynamics of high inflation
Credibility and Changes in Policy Regime
This paper develops a rational expectations model of inflation in which the dynamics are driven by government expenditure and the effect of past inflation rates on the value of real taxes. Government spending follows an autoregressive process subject to discrete regime changes. The regimes are defined by whether the expenditure level is consistent with the rate of inflation targeted by the government. The agents do not observe the regime but cons…
Credibility and Changes in Policy Regime
This paper develops a rational expectations model of inflation in which the dynamics are driven by government expenditure and the effect of past inflation rates on the value of real taxes. Government spending follows an autoregressive process subject to discrete regime changes. The regimes are defined by whether the expenditure level is consistent with the rate of inflation targeted by the government. The agents do not observe the regime but cons…
Government expenditure and the dynamics of high inflation
Credibility and Changes in Policy Regime
This paper develops a rational expectations model of inflation in which the dynamics are driven by government expenditure and the effect of past inflation rates on the value of real taxes. Government spending follows an autoregressive process subject to discrete regime changes. The regimes are defined by whether the expenditure level is consistent with the rate of inflation targeted by the government. The agents do not observe the regime but cons…
Analysis of Exchange-Rate Target Zones Using a Limited-Dependent Rational-Expectations Model With Jumps
This article examines the exchange-rate determination in a target-zone regime when the bounds can be fixed for an extended period but are subject to occasional jumps. In this case, the behavior of the endogenous variable is affected by the agents' expectations about both the occurrence and the size of the jump. Empirical results using data for the franc/mark exchange rate provide support for the nonlinear model with time-varying realignment proba…
Government expenditure and the dynamics of high inflation
Economics (3 works) · Monetary economics (3 works) · Monetary Policy and Economic Impact (3 works) · Econometrics (2 works) · Government (linguistics (2 works) · Inflation (cosmology (2 works) · Macroeconomics (2 works) · Monetary policy (2 works) · Autoregressive model (1 work) · Credibility (1 work)