1.分享论文:Optimal Policy under Dollar Pricing
2.分享人:刘建建（山东财经大学金融学院）
3.时间：2024年5月23日（周四），晚上19:00-21：00
4.地点：学术会堂712
5.主持人：王忏（金融学院），赵军柱（创新发展学院中国经济与管理研究院）
6.论文摘要：
7.Empirical evidence shows that most international prices are sticky in dollars. This paper studies the policy implications of this fact in the context of an open economy model with general preferences, technologies, asset markets, nominal rigidities, and a rich set of shocks. We show that although monetary policy is less efficient and cannot implement the flexible-price allocation, inflation targeting and a floating exchange rate remain robustly optimal in non-US economies. The capital controls cannot unilaterally improve the allocation and are useful only when coordinated across countries. International cooperation benefits other economies, but is not in the self-interest of the United States.
8.活动对象：创新发展学院、金融学院学生
9.人数规模：30人
10.主办单位：创新发展学院中国经济与管理研究院、金融学院联合主办
