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Time Consistency and the Duration of Government Debt: A Signalling Theory of Quantitative Easing
16 references·16 citing·46 second hopsampled
Time Consistency and the Duration of Government Debt: A Signalling Theory of Quantitative Easing (2015)Time Consistency and the Duration of Gove…The Macroeconomic Effects of Large‐scale Asset Purchase Programmes (2012)The Macroeconomic Effects of …Methods of Policy Accommodation at the Interest-Rate Lower Bound (2012)Methods of Policy Accommodati…Debt, Deleveraging, and the Liquidity Trap: A Fisher-Minsky-Koo Approach* (2012)Debt, Deleveraging, and the L…When Is the Government Spending Multiplier Large? (2011)When Is the Government Spendi…What Fiscal Policy Is Effective at Zero Interest Rates? (2011)What Fiscal Policy Is Effecti…The Effects of Quantitative Easing on Interest Rates: Channels and Implications for Policy (2011)The Effects of Quantitative E…Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach (2010)Shocks and Frictions in US Bu…Interest and Prices (2004)Interest and PricesZero Bound on Interest Rates and Optimal Monetary Policy (2003)Zero Bound on Interest Rates …Markov Perfect Equilibrium (2001)Markov Perfect EquilibriumFiscal Requirements for Price Stability (2001)Fiscal Requirements for Price…It's Baaack: Japan's Slump and the Return of the Liquidity Trap (1998)It's Baaack: Japan's Slump an…Optimal fiscal and monetary policy in an economy without capital (1983)Optimal fiscal and monetary p…Sticky Prices in the United States (1982)Sticky Prices in the United S…On the Determination of the Public Debt (1979)On the Determination of the P…A Modigliani-Miller Theorem for Open-Market Operations (1979)A Modigliani-Miller Theorem f…(Why) Do Central Banks Care about Their Profits? (2023)(Why) Do Central Banks Care a…An Analysis of the Literature on International Unconventional Monetary Policy (2022)An Analysis of the Literature…Shotgun Wedding: Fiscal and Monetary Policy (2020)Shotgun Wedding: Fiscal and M…Output hysteresis and optimal monetary policy (2020)Output hysteresis and optimal…Effects of US quantitative easing on emerging market economies (2020)Effects of US quantitative ea…A Model of Endogenous Risk Intolerance and LSAPs: Asset Prices and Aggregate Demand in a 'COVID-19' Shock (2020)A Model of Endogenous Risk In…The Dynamic Effects of Forward Guidance Shocks (2019)The Dynamic Effects of Forwar…Unconventional Monetary Policy, Bank Lending, and Security Holdings: The Yield-Induced Portfolio Rebalancing Channel (2018)Unconventional Monetary Polic…Fiscal Multipliers at the Zero Lower Bound: The Role of Policy Inertia (2018)Fiscal Multipliers at the Zer…Effects of US Quantitative Easing on Emerging Market Economies (2018)Effects of US Quantitative Ea…Delta-method inference for a class of set-identified SVARs (2018)Delta-method inference for a …Conservatism and liquidity traps (2018)Conservatism and liquidity tr…Expectation and Duration at the Effective Lower Bound (2016)Expectation and Duration at t…Maintaining Central-Bank Financial Stability under New-Style Central Banking (2015)Maintaining Central-Bank Fina…Effects of US Quantitative Easing on Emerging Market Economies (2015)Effects of US Quantitative Ea…Effective demand failures and the limits of monetary stabilization policyEffective demand failures and…The General Theory of Employment, Interest and Money. 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(1971)Econometric policy evaluation: A critique (1976)Time Series Analysis: Forecasting and Control (1977)An Optimization-Based Econometric Framework for the Evaluation of Monetary Policy (1997)Monetary Policy According to HANK (2018)A New Measure of Monetary Shocks: Derivation and Implications (2004)Fiscal Policy in a Depressed Economy (2012)The Aggregate Demand for Treasury Debt (2012)Macroeconomic Shocks and Their Propagation (2016)Aggregate Dynamics and Staggered Contracts (1980)Optimal monetary policy with staggered wage and price contracts (2000)Drifts and volatilities: monetary policies and outcomes in the post WWII US (2005)Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach (2007)A model of unconventional monetary policy (2010)
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References

  • 1979On the Determination of the Public Debt3,308 cited
  • 2004Interest and Prices2,583 cited
  • 1982Sticky Prices in the United States1,917 cited
  • 1983Optimal fiscal and monetary policy in an economy without capital1,877 cited
  • 2011When Is the Government Spending Multiplier Large?1,839 cited
  • 2003Zero Bound on Interest Rates and Optimal Monetary Policy1,801 cited
  • 1998It's Baaack: Japan's Slump and the Return of the Liquidity Trap1,754 cited
  • 2010Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach1,507 cited
  • 2012Debt, Deleveraging, and the Liquidity Trap: A Fisher-Minsky-Koo Approach*1,407 cited
  • 2011The Effects of Quantitative Easing on Interest Rates: Channels and Implications for Policy1,198 cited
  • 2001Fiscal Requirements for Price Stability883 cited
  • 2001Markov Perfect Equilibrium809 cited
  • 2011What Fiscal Policy Is Effective at Zero Interest Rates?681 cited
  • 1979A Modigliani-Miller Theorem for Open-Market Operations476 cited
  • 2012The Macroeconomic Effects of Large‐scale Asset Purchase Programmes455 cited
  • 2012

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Methods of Policy Accommodation at the Interest-Rate Lower Bound
439 cited

Cited by

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  • 2020Output hysteresis and optimal monetary policy85 cited
  • 2018Delta-method inference for a class of set-identified SVARs69 cited
  • 2018Conservatism and liquidity traps66 cited
  • n.d.Effective demand failures and the limits of monetary stabilization policy57 cited
  • 2023(Why) Do Central Banks Care about Their Profits?53 cited
  • 2019The Dynamic Effects of Forward Guidance Shocks48 cited
  • 2018Effects of US Quantitative Easing on Emerging Market Economies47 cited
  • 2018Unconventional Monetary Policy, Bank Lending, and Security Holdings: The Yield-Induced Portfolio Rebalancing Channel43 cited
  • 2016Expectation and Duration at the Effective Lower Bound43 cited
  • 2020A Model of Endogenous Risk Intolerance and LSAPs: Asset Prices and Aggregate Demand in a 'COVID-19' Shock43 cited
  • 2015Effects of US Quantitative Easing on Emerging Market Economies41 cited
  • 2020Shotgun Wedding: Fiscal and Monetary Policy40 cited
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