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[1] (tech_appendix.toc [-1]) [-2]
1.  The Model
1.1. Notation
1.2. Uncertainty
[1]
1.3. The Final Goods Producers
[2]
1.4. The Consumer's Problem
[3]
1.5. The Foreign Consumer's Problem
[4]
1.6. The Intermediate Goods Producers
[5] [6] [7]
1.7. The Government
1.8. Additional Equilibrium Conditions
[8]
1.9. Aggregates of Interest
[9]
1.10. Extensions
1.10.1.  Taylor Rule as Fed Policy
1.10.2.  Incomplete Asset Markets
[10] [11]
1.10.3.  Additional Shocks
[12]
1.10.4.  Sticky Wages
[13] [14] [15] [16] [17] [18]
2.  Computing an Equilibrium
2.1. The Benchmark Economy
2.1.1.  Normalization in the Benchmark Economy

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2.1.2.  Steady State in the Benchmark Economy
[21] [22] [23]
2.1.3.  Linearized Equations in the Benchmark Economy
[24] [25]
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[26] [27] [28] [29]
2.1.4.  Solving the Linearized System in the Benchmark Economy
[30] [31]
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2.2. The Taylor-Rule Extension
[37]
2.2.1.  Normalization for the Taylor-Rule Extension
2.2.2.  Steady State for the Taylor-Rule Extension
2.2.3.  Linearized Equations for the Taylor-Rule Extension
[38]
2.2.4.  Solving the Linearized System for the Taylor-Rule Extension
[39]
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2.3. The Incomplete-Markets Extension
[45]
2.3.1.  Normalization for the I-M Extension
[46] [47]
2.3.2.  Steady State for the I-M Extension
2.3.3.  Linearized Equations for the I-M Extension
[48]
2.3.4.  Solving the Linearized System for the I-M Extension
[49] [50] [51]
2.4. The Extension with Additional Shocks
[52]
2.4.1.  New Code for the Benchmark Economy
[53] [54] [55] [56]
2.4.2.  New Code for the Taylor-Rule Extension
[57] [58] [59]
2.4.3.  New Code for the I-M Extension
2.4.4.  Allowing for Accommodative Monetary Policy
[60] [61] [62] [63] [64]
2.5. The Extension with Sticky Wages

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[][]\tenrm we add $\tensy N$ \tenrm static equa-tions $\teni L[]\tenrm (\teni j
\tenrm ) = ([]\teni =W\tenrm (\teni j\tenrm ))[] [] \teni L[]\tenrm (\teni i\te
nrm ) \teni di$ \tenrm to de-ter-mine the $\teni L[]\tenrm (\teni j; s[]\tenrm 
)$'s,

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2.5.1.  Normalization in the Sticky-Wage Economy
[66]
2.5.2.  Steady State in the Sticky-Wage Economy
[67]
2.5.3.  Linearized Equations in the Sticky-Wage Economy

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\tenrm Most of the first-order con-di-tions look the same in the bench-mark and
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2.5.4.  Solving the Linearized System in the Sticky-Wage Economy
[72] [73] [74] [75] [76] [77]
3.  Formulas for Preferences
[78]
3.1. Separable Preferences
3.2. Nonseparable Preferences I
[79] [80] [81]
3.3. Nonseparable Preferences II
[82]
4.  Are Real Exchange Rates Volatile and Persistent?
[83] [84] [85] [86]
5.  Some Analytics for Special Cases
5.1. Labor-Only Case with Nonseparable U, Exogenous Money, and $N=2$
[87] [88] [89] [90] [91] [92]
5.2. Labor-Only Case with Separable U, Exogenous Money, and $N=2$
[93] [94] )
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