Key readings
G. Corsetti, L. Dedola and S. Leduc CDL 2010 "Optimal monetary policy in open economies" in B. Friedman and M. Woodford (eds.), Handbook of Monetary Economics, vol. III, North Holland.
Appendix with derivations
G. Corsetti, L. Dedola and S. Leduc 2012 External Imbalances, Exchange-Rate Misalignment and Monetary Policy, mimeo
An intuitive graphical treatment of optimal policy under complete markets, contrasting PCP LCP and dollar pricing (nominal rigidities in the form of one period preset prices) is provided in G Corsetti and P Pesenti "The Simple Geometry of Transmission and Stabilization in Closed and Open Economies,", NBER International Seminar on Macroeconomics 2007, pages 65-116 National Bureau of Economic Research, Inc.
CDL 2010 has an extended reference list. Some of the references are listed below with links.
NOEM
Benigno P. and G. Benigno 2006 “Designing Targeting Rules for International Monetary Policy Cooperation,” Journal of Monetary Economics, Vol. 53, Issue 3, pp. 473-506, (2006). Technical Appendix available.
Engel C. 2011 “Currency Misalignments and Optimal Monetary Policy: A Reexamination,” and Appendix, American Economic Review 101, 2796-2822.
Local Currency Price Stability of Imports (LCPS)
Atkeson A and A Burstein 2008, Pricing-to-Market, Trade Costs and International Relative Prices, American Economic Review, 1998-2031
Burstein, A., M. Eichenbaum and S. Rebelo 2005 Large Devaluations and the Real Exchange Rate, Journal of Political Economy.
Corsetti G. and L. Dedola 2005 Macroeconomics of International Price Discrimination. JIE, the analytical section on the model.
Corsetti G., L. Dedola and S. Leduc 2009 High exchange rate volatility and low pass-through, JME.
de Blas B. and K Russ 2012 Understanding Markups in the Open Economy, mimeo UC Davies
Dornbusch R. 1987 Exchange Rates and Prices, American Economic Review.
LCPS and Nontraded goods
Burstein A., M. Eichenbaum and S. Rebelo,2006, How Important Are Nontradable Goods Prices As Sources of Cyclical Fluctuations in Real Exchange Rates?, Japan and the World Economy
Corsetti G. L. Dedola and F. Viani 2011 Traded and nontraded goods prices, and international risk sharing: an empirical investigation joint with Luca Dedola and Francesca Viani, in Chris Pissarides and Jeff Frenkel (eds.) NBER International Seminar in Macroeconomics.
International transmission: Elasticities, openness and the structure of financial markets
Corsetti, G., L. Dedola and S. Leduc 2008 "International Risk Sharing and the Transmission of Productivity Shocks", Review of Economic Studies
Viani F. 2010 “International Financial Flows, Real Exchange Rates and Cross-Border Insurance” (2010-12) Banco de España Working Papers - 1038
Raffo A. 2008, "Net Exports, Consumption Volatility and International Business Cycle Models", Journal of International Economics 75:14-29
The zero-lower-bound problem in open economy, and fiscal and monetary interactions
Corsetti G. K Kuester and G. Mueller 2010 "Floats, Pegs and the Transmission of Fiscal Policy," joint with K Kuester and G Mueller. Fourteenth Annual Conference of the Central Bank of Chile, October 21 22, 2010, Fiscal Policy and Macroeconomic Performance.
Devereux M. and D. Cook 2013, "Exchange Rate Flexibility under the Zero Lower Bound: The Need for `forward guidance' mechanism" mimeo
Gali J. and T. Monacelli 2013, "Understanding the Gains from Wage Flexibility: the Exchange Rate Connection" download background material
...and deleveraging:
Benigno P. and F. Romei 2014 “Debt Deleveraging and The Exchange Rate,” Journal of International Economics, Vol. 93, pp. 1-16. Technical Appendix and paper online.