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The Myth of Financial Innovation and the Great Moderation
12 references·16 citing·47 second hop
The Myth of Financial Innovation and the Great Moderation (2010)The Myth of Financial Innovation and the …Has Monetary Policy Become More Effective? (2006)Has Monetary Policy Become Mo…Financial Innovations and Macroeconomic Volatility (2006)Financial Innovations and Mac…Can financial innovation help to explain the reduced volatility of economic activity? (2006)Can financial innovation help…Assessing the Sources of Changes in the Volatility of Real Growth (2006)Assessing the Sources of Chan…The Role of Collateralized Household Debt in Macroeconomic Stabilization (2005)The Role of Collateralized Ho…Assessing Changes in the Monetary Transmission Mechanism: A VAR Approach (2002)Assessing Changes in the Mone…The Long and Large Decline in U.S. Output Volatility (2001)The Long and Large Decline in…The comovement between output and prices (2000)The comovement between output…Chapter 2 Monetary policy shocks: What have we learned and to what end? (1999)Chapter 2 Monetary policy sho…Monetary Policy Shocks: What Have We Learned and to What End? 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this work references cited by second hop

References

  • 1989The federal funds rate and the channels of monetary transmission2,833 cited
  • 1998Monetary Policy Shocks: What Have We Learned and to What End?2,186 cited
  • 1999Chapter 2 Monetary policy shocks: What have we learned and to what end?1,484 cited
  • 2001The Long and Large Decline in U.S. Output Volatility995 cited
  • 2006Has Monetary Policy Become More Effective?768 cited
  • 1990The Federal Funds Rate and the Channels of Monetary Transnission658 cited
  • 2006Can financial innovation help to explain the reduced volatility of economic activity?290 cited
  • 2000The comovement between output and prices203 cited
  • 2002Assessing Changes in the Monetary Transmission Mechanism: A VAR Approach162 cited
  • 2005The Role of Collateralized Household Debt in Macroeconomic Stabilization136 cited
  • 2006Assessing the Sources of Changes in the Volatility of Real Growth120 cited
  • 2006Financial Innovations and Macroeconomic Volatility98 cited

Cited by

  • 2014Speculation in the Oil Market261 cited
  • 2017Shadow Banks and Macroeconomic Instability144 cited
  • 2015Do Contractionary Monetary Policy Shocks Expand Shadow Banking?

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114 cited
  • 2020Leverage and Deepening Business-Cycle Skewness61 cited
  • 2023Macroprudential regulation and leakage to the shadow banking sector39 cited
  • 2017Leverage and Deepening Business Cycle Skewness36 cited
  • 2018INTERNATIONAL HOUSING MARKETS, UNCONVENTIONAL MONETARY POLICY, AND THE ZERO LOWER BOUND34 cited
  • 2012Drivers, processes and consequences of financial innovation: a research agenda34 cited
  • 2018MEASUREMENT ERROR IN MACROECONOMIC DATA AND ECONOMICS RESEARCH: DATA REVISIONS, GROSS DOMESTIC PRODUCT, AND GROSS DOMESTIC INCOME31 cited
  • 2015Testing the global banking glut hypothesis30 cited
  • 2017Changing credit limits, changing business cycles28 cited
  • 2017Leverage and Deepening Business Cycle Skewness28 cited
  • 2013The role of credit in the Great Moderation: A multivariate GARCH approach26 cited
  • 2014Shadow Banks and Macroeconomic Instability26 cited
  • 2017Does Prolonged Monetary Policy Easing Increase Financial Vulnerability?23 cited
  • 2011Cyclical Changes in Firm Volatility20 cited