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Assessing Simple Policy Rules: A View from a Complete Macroeconomic Model
16 references·8 citing·35 second hop
Assessing Simple Policy Rules: A View from a Complete Macroeconomic Model (2001)Assessing Simple Policy Rules: A View fro…Board of Governors of the Federal Reserve System (2001)Board of Governors of the Fed…The Science of Monetary Policy: A New Keynesian Perspective (1999)The Science of Monetary Polic…The Science of Monetary Policy: A New Keynesian Perspective (1999)The Science of Monetary Polic…Optimal Monetary Policy Inertia (1999)Optimal Monetary Policy Inert…Error Bands for Impulse Responses (1999)Error Bands for Impulse Respo…Monetary Policy Shocks: What Have We Learned and to What End? (1998)Monetary Policy Shocks: What …Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory (1998)Monetary Policy Rules and Mac…Measuring Monetary Policy (1998)Measuring Monetary PolicyBayesian Methods for Dynamic Multivariate Models (1998)Bayesian Methods for Dynamic …An Optimization-Based Econometric Framework for the Evaluation of Monetary Policy (1997)An Optimization-Based Econome…What Does Monetary Policy Do? (1996)What Does Monetary Policy Do?A simple model for study of the determination of the price level and the interaction of monetary and fiscal policy (1994)A simple model for study of t…Discretion versus policy rules in practice (1993)Discretion versus policy rule…Interpreting the macroeconomic time series facts (1992)Interpreting the macroeconomi…Equilibria under ‘active’ and ‘passive’ monetary and fiscal policies (1991)Equilibria under ‘active’ and…"Rational" Expectations, the Optimal Monetary Instrument, and the Optimal Money Supply Rule (1975)"Rational" Expectations, the …International shocks on Australia: The Japanese effect (2014)International shocks on Austr…Monetary policy and the exchange rate: Evidence from a two-country model (2008)Monetary policy and the excha…Monetary Policy, Output Composition and the Great Moderation (2007)Monetary Policy, Output Compo…How Useful are Simple Rules for Monetary Policy? The Swedish Experience (2006)How Useful are Simple Rules f…The Monetary Transmission Mechanism in the Czech Republic (evidence from VAR analysis) (2005)The Monetary Transmission Mec…Measuring the Effects of Monetary Policy: A Factor-Augmented Vector Autoregressive (FAVAR) Approach (2003)Measuring the Effects of Mone…An Alternative Explanation of the Price Puzzle (2001)An Alternative Explanation of…Monetary Policy and Racial Unemployment Rates (2000)Monetary Policy and Racial Un…A Monetary History of the United States 1867-1960 (1964)MONEY, INCOME, AND CAUSALITY (1972)Macroeconomics and Reality (1980)Monetary Theory and Policy (1999)Measuring the Effects of Monetary Policy: A Factor-Augmented Vector Autoregressive (FAVAR) Approach (2005)Measuring the Macroeconomic Impact of Monetary Policy at the Zero Lower Bound (2016)Econometric policy evaluation: A critique (1976)Rules Rather than Discretion: The Inconsistency of Optimal Plans (1977)Monetary policy and price level determinacy in a cash-in-advance economy (1994)The Role of Monetary Policy (1995)Monetary Policy and Multiple Equilibria (2001)Monetary Policy as Financial Stability Regulation (2012)Some International Evidence on Output-Inflation Tradeoffs. (1973)Staggered prices in a utility-maximizing framework (1983)The federal funds rate and the channels of monetary transmission (1989)Staggered Prices in a Utility-Maximizing Framework (1996)Zero Bound on Interest Rates and Optimal Monetary Policy (2003)Some Evidence on the Importance of Sticky Prices (2004)Understanding the Effects of Government Spending on Consumption (2007)Rules, discretion and reputation in a model of monetary policy (1983)Estimation and Inference of Impulse Responses by Local Projections (2005)Inflation dynamics: A structural econometric analysis (1999)Monetary Policy and Asset Price Volatility (2000)A New Approach to the Economic Analysis of Nonstationary Time Series and the Business Cycle (1989)Tests for Parameter Instability and Structural Change With Unknown Change Point (1993)An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output (2002)The Macroeconomic Effects of Tax Changes: Estimates Based on a New Measure of Fiscal Shocks (2010)The Financial Accelerator in a Quantitative Business Cycle Framework (1998)Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory* (2000)What Do a Million Observations on Banks Say About the Transmission of Monetary Policy? (2000)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)Inflation targeting as a monetary policy rule (1999)Monetary Policy and Exchange Rate Volatility in a Small Open Economy (2002)Asset Prices, Financial and Monetary Stability: Exploring the Nexus (2005)
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References

  • 1993Discretion versus policy rules in practice9,059 cited
  • 1999The Science of Monetary Policy: A New Keynesian Perspective4,927 cited
  • 1998Monetary Policy Shocks: What Have We Learned and to What End?2,186 cited
  • 1975"Rational" Expectations, the Optimal Monetary Instrument, and the Optimal Money Supply Rule2,172 cited
  • 1997An Optimization-Based Econometric Framework for the Evaluation of Monetary Policy2,077 cited
  • 1991Equilibria under ‘active’ and ‘passive’ monetary and fiscal policies2,069 cited
  • 1992Interpreting the macroeconomic time series facts1,858 cited
  • 1998Measuring Monetary Policy1,643 cited
  • 1998Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory1,166 cited
  • 1999The Science of Monetary Policy: A New Keynesian Perspective1,135 cited
  • 2001Board of Governors of the Federal Reserve System1,130 cited
  • 1996What Does Monetary Policy Do?1,081 cited
  • 1994A simple model for study of the determination of the price level and the interaction of monetary and fiscal policy1,058 cited
  • 1998Bayesian Methods for Dynamic Multivariate Models1,011 cited
  • 1999Optimal Monetary Policy Inertia998 cited

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  • 1999Error Bands for Impulse Responses930 cited
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    • 2003Measuring the Effects of Monetary Policy: A Factor-Augmented Vector Autoregressive (FAVAR) Approach36 cited
    • 2006How Useful are Simple Rules for Monetary Policy? The Swedish Experience30 cited
    • 2008Monetary policy and the exchange rate: Evidence from a two-country model28 cited
    • 2000Monetary Policy and Racial Unemployment Rates28 cited
    • 2005The Monetary Transmission Mechanism in the Czech Republic (evidence from VAR analysis)26 cited
    • 2001An Alternative Explanation of the Price Puzzle25 cited
    • 2014International shocks on Australia: The Japanese effect20 cited
    • 2007Monetary Policy, Output Composition and the Great Moderation18 cited