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    <title>Central Bank Research Hub - Papers by Lutz Weinke</title>
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    <title>02Jun/The Taylor Principle in a medium-scale macroeconomic model</title>
    <link>http://www.norges-bank.no/templates/article____76975.aspx</link>
    <description>Central Bank of Norway (Norges Bank) Working Papers by Tommy Sveen and Lutz Weinke, Research Department</description>
    <dc:title>The Taylor Principle in a medium-scale macroeconomic model</dc:title>
    <dc:date>2010-06-02T12:46:00Z</dc:date>
    <dcterms:abstract>By Tommy Sveen and Lutz Weinke</dcterms:abstract>
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      <cb:simpleTitle>The Taylor Principle in a medium-scale macroeconomic model</cb:simpleTitle>
      <cb:occurrenceDate>2010-06-02T12:46:00Z</cb:occurrenceDate>
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        <cb:title>Abstract</cb:title>
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      <cb:person type="author">
        <cb:nameAsWritten>Lutz Weinke</cb:nameAsWritten>
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      <cb:person type="author">
        <cb:nameAsWritten>Tommy Sveen</cb:nameAsWritten>
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      <cb:byline>Tommy Sveen and Lutz Weinke, Research Department</cb:byline>
      <cb:publicationDate>2010-06-02</cb:publicationDate>
      <cb:publication>Central Bank of Norway (Norges Bank) Working Papers</cb:publication>
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    <title>02Jun/Firm-Specific Capital and Welfare</title>
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    <description>IJCB International Journal of Central Banking by Tommy Sveen and Lutz Weinke</description>
    <dc:title>Firm-Specific Capital and Welfare</dc:title>
    <dc:date>2009-06-02T12:41:59Z</dc:date>
    <dcterms:abstract>What are the consequences for monetary policy design implied by the fact that price setting and investment typically take place simultaneously at the firm level? To address this question we analyze simple (constrained) optimal interest rate rules in the context of a dynamic New Keynesian model featuring firm-specific capital accumulation as well as sticky prices and wages à la Calvo. We make the case for Taylortype rules. They are remarkably robust in the sense that their welfare implications do appear to hinge neither on the specific assumptions regarding capital accumulation that are used in their derivation nor on the particular definition of natural output that is used to construct the output gap.</dcterms:abstract>
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      <cb:simpleTitle>Firm-Specific Capital and Welfare</cb:simpleTitle>
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        <cb:title>Abstract</cb:title>
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      <cb:person type="author">
        <cb:nameAsWritten>Lutz Weinke</cb:nameAsWritten>
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      <cb:person type="author">
        <cb:nameAsWritten>Tommy Sveen</cb:nameAsWritten>
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      <cb:byline>Tommy Sveen and Lutz Weinke</cb:byline>
      <cb:publicationDate>2009-05</cb:publicationDate>
      <cb:publication>IJCB International Journal of Central Banking</cb:publication>
      <cb:JELCode>E22</cb:JELCode>
      <cb:JELCode>E31</cb:JELCode>
      <cb:JELCode>E52</cb:JELCode>
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    <title>07Apr/Lumpy investment and state-dependent pricing in general equilibrium</title>
    <link>http://www.norges-bank.no/templates/article____73781.aspx</link>
    <description>Central Bank of Norway (Norges Bank) Working Papers by Michael Reiter, Tommy Sveen and Lutz Weinke</description>
    <dc:title>Lumpy investment and state-dependent pricing in general equilibrium</dc:title>
    <dc:date>2009-04-07T17:36:59Z</dc:date>
    <dcterms:abstract>by Michael Reiter, Tommy Sveen and Lutz Weinke</dcterms:abstract>
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      <cb:simpleTitle>Lumpy investment and state-dependent pricing in general equilibrium</cb:simpleTitle>
      <cb:occurrenceDate>2009-04-07T17:36:59Z</cb:occurrenceDate>
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        <cb:title>Abstract</cb:title>
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      <cb:person type="author">
        <cb:nameAsWritten>Lutz Weinke</cb:nameAsWritten>
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      <cb:person type="author">
        <cb:nameAsWritten>Tommy Sveen</cb:nameAsWritten>
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      <cb:person type="author">
        <cb:nameAsWritten>Michael Reiter</cb:nameAsWritten>
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      <cb:byline>Michael Reiter, Tommy Sveen and Lutz Weinke</cb:byline>
      <cb:publicationDate>2009-04-07</cb:publicationDate>
      <cb:publication>Central Bank of Norway (Norges Bank) Working Papers</cb:publication>
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