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Optimal Monetary Policy Rules and House Prices: The Role of Financial Frictions
16 references·16 citing·35 second hopsampled
Optimal Monetary Policy Rules and House Prices: The Role of Financial Frictions (2015)Optimal Monetary Policy Rules and House P…Land-Price Dynamics and Macroeconomic Fluctuations (2013)Land-Price Dynamics and Macro…Housing Market Spillovers: Evidence from an Estimated DSGE Model (2010)Housing Market Spillovers: Ev…Housing Finance and Monetary Policy (2009)Housing Finance and Monetary …Housing and the Monetary Transmission Mechanism (2007)Housing and the Monetary Tran…Optimal simple and implementable monetary and fiscal rules (2006)Optimal simple and implementa…INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY (2005)INTEREST AND PRICES: FOUNDATI…House Prices, Borrowing Constraints, and Monetary Policy in the Business Cycle (2005)House Prices, Borrowing Const…Optimal monetary policy in a currency area (2003)Optimal monetary policy in a …Interest and prices : foundations of a theory of monetary policy (2003)Interest and prices : foundat…An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area (2003)An Estimated Dynamic Stochast…Should Central Banks Respond to Movements in Asset Prices? (2001)Should Central Banks Respond …Optimal monetary policy responses to relative-price changes (2001)Optimal monetary policy respo…Credit Cycles (1997)Credit CyclesStaggered Prices in a Utility-Maximizing Framework (1996)Staggered Prices in a Utility…Staggered prices in a utility-maximizing framework (1983)Staggered prices in a utility…The Debt-Deflation Theory of Great Depressions (1933)The Debt-Deflation Theory of …The Bank Lending Channel of Conventional and Unconventional Monetary Policy (2021)The Bank Lending Channel of C…Bank Lending in Uncertain Times (2017)Bank Lending in Uncertain Tim…Sovereign debt and reserves with liquidity and productivity crises (2016)Sovereign debt and reserves w…Retirement, pension eligibility and home production (2016)Retirement, pension eligibili…Productivity Effects of Eco-Innovations Using Data on Eco-Patents (2016)Productivity Effects of Eco-I…Optimal Inflation Weights in the Euro Area (2016)Optimal Inflation Weights in …Multitask Agents and Incentives: The Case of Teaching and Research for University Professors (2016)Multitask Agents and Incentiv…Macroeconomic Effectiveness of Non-Standard Monetary Policy and Early Exit. A Model-Based Evaluation (2016)Macroeconomic Effectiveness o…Deconstructing the Gains from Trade: Selection of Industries vs Reallocation of Workers (2016)Deconstructing the Gains from…Debt Maturity and the Liquidity of Secondary Debt Markets (2016)Debt Maturity and the Liquidi…Bank Quality, Judicial Efficiency and Borrower Runs: Loan Repayment Delays in Italy (2016)Bank Quality, Judicial Effici…The time varying effect of oil price shocks on euro-area exports (2015)The time varying effect of oi…The Macroeconomic Effects of the Sovereign Debt Crisis in the Euro Area (2015)The Macroeconomic Effects of …Sovereign Debt Exposure and the Bank Lending Channel: Impact on Credit Supply and the Real Economy (2015)Sovereign Debt Exposure and t…Shoe-Leather Costs in the Euro Area and the Foreign Demand for Euro Banknotes (2015)Shoe-Leather Costs in the Eur…Procyclicality of Credit Rating Systems: How to Manage it (2015)Procyclicality of Credit Rati…"Rational" Expectations, the Optimal Monetary Instrument, and the Optimal Money Supply Rule (1975)Inflation and Costs of Price Adjustment (1977)Aggregate Dynamics and Staggered Contracts (1980)Behavioral Macroeconomics and Macroeconomic Behavior (2002)Employment Fluctuations with Equilibrium Wage Stickiness (2005)Unemployment Fluctuations with Staggered Nash Wage Bargaining (2009)Inflation Targeting: A New Framework for Monetary Policy? (1997)The Financial Accelerator in a Quantitative Business Cycle Framework (1998)Monetary Policy and Asset Price Volatility (2000)Inefficient Credit Booms (2008)MACROPRUDENTIAL POLICY – A LITERATURE REVIEW (2010)Risk, uncertainty and monetary policy (2013)Discretion versus policy rules in practice (1993)The Science of Monetary Policy: A New Keynesian Perspective (1999)A model of unconventional monetary policy (2010)Financial Intermediation and Credit Policy in Business Cycle Analysis (2010)American Economic Review (2019)Econometric policy evaluation: A critique (1976)Rules, discretion and reputation in a model of monetary policy (1983)Monetary Policy and Exchange Rate Volatility in a Small Open Economy (2005)Time Varying Structural Vector Autoregressions and Monetary Policy (2005)Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy (2005)Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach (2007)Asset‐based measurement of poverty (2010)Service Regulation and Growth: Evidence from OECD Countries (2011)Time to Build and Aggregate Fluctuations (1982)Understanding the Effects of Government Spending on Consumption (2007)Chapter 21 The financial accelerator in a quantitative business cycle framework (1999)Market Liquidity and Funding Liquidity (2008)Real Wage Rigidities and the New Keynesian Model (2007)Learning from Inflation Experiences * (2015)U.S. Monetary Policy and the Global Financial Cycle (2020)Financial Intermediation, Loanable Funds, and The Real Sector (1997)Financial Constraints Risk (2006)Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory* (2000)
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References

  • 1983Staggered prices in a utility-maximizing framework7,892 cited
  • 2005INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY5,508 cited
  • 1997Credit Cycles5,254 cited
  • 1996Staggered Prices in a Utility-Maximizing Framework4,369 cited
  • 2003An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area3,519 cited
  • 1933The Debt-Deflation Theory of Great Depressions2,516 cited
  • 2005House Prices, Borrowing Constraints, and Monetary Policy in the Business Cycle2,485 cited
  • 2010Housing Market Spillovers: Evidence from an Estimated DSGE Model1,500 cited
  • 2003Interest and prices : foundations of a theory of monetary policy1,275 cited
  • 2001Should Central Banks Respond to Movements in Asset Prices?1,166 cited
  • 2006Optimal simple and implementable monetary and fiscal rules932 cited
  • 2003Optimal monetary policy in a currency area565 cited
  • 2001Optimal monetary policy responses to relative-price changes557 cited
  • 2009Housing Finance and Monetary Policy438 cited
  • 2007Housing and the Monetary Transmission Mechanism397 cited
  • 2013

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Land-Price Dynamics and Macroeconomic Fluctuations
393 cited

Cited by

  • 2017Bank Lending in Uncertain Times169 cited
  • 2015The time varying effect of oil price shocks on euro-area exports153 cited
  • 2021The Bank Lending Channel of Conventional and Unconventional Monetary Policy136 cited
  • 2016Sovereign debt and reserves with liquidity and productivity crises133 cited
  • 2016Retirement, pension eligibility and home production124 cited
  • 2016Productivity Effects of Eco-Innovations Using Data on Eco-Patents119 cited
  • 2015Shoe-Leather Costs in the Euro Area and the Foreign Demand for Euro Banknotes119 cited
  • 2015Procyclicality of Credit Rating Systems: How to Manage it118 cited
  • 2015Sovereign Debt Exposure and the Bank Lending Channel: Impact on Credit Supply and the Real Economy110 cited
  • 2016Debt Maturity and the Liquidity of Secondary Debt Markets109 cited
  • 2016Deconstructing the Gains from Trade: Selection of Industries vs Reallocation of Workers107 cited
  • 2015The Macroeconomic Effects of the Sovereign Debt Crisis in the Euro Area87 cited
  • 2016Optimal Inflation Weights in the Euro Area75 cited
  • 2016Macroeconomic Effectiveness of Non-Standard Monetary Policy and Early Exit. A Model-Based Evaluation74 cited
  • 2016Multitask Agents and Incentives: The Case of Teaching and Research for University Professors72 cited
  • 2016Bank Quality, Judicial Efficiency and Borrower Runs: Loan Repayment Delays in Italy69 cited