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Simple Monetary Policy Rules Under Model Uncertainty
16 references·14 citing·27 second hop
Simple Monetary Policy Rules Under Model Uncertainty (1999)Simple Monetary Policy Rules Under Model …Macroeconomic Policy, Credibility and Politics (2012)Macroeconomic Policy, Credibi…Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory* (2000)Monetary Policy Rules and Mac…Monetary Policy Rules (1999)Monetary Policy RulesInflation targeting as a monetary policy rule (1999)Inflation targeting as a mone…Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory (1998)Monetary Policy Rules and Mac…The Time-Varying NAIRU and its Implications for Economic Policy (1997)The Time-Varying NAIRU and it…Inflation Persistence (1995)Inflation PersistenceDiscretion versus policy rules in practice (1993)Discretion versus policy rule…The Optimal Degree of Commitment to an Intermediate Monetary Target (1985)The Optimal Degree of Commitm…Rules, discretion and reputation in a model of monetary policy (1983)Rules, discretion and reputat…A Positive Theory of Monetary Policy in a Natural Rate Model (1983)A Positive Theory of Monetary…A Positive Theory of Monetary Policy in a Natural-Rate Model (1981)A Positive Theory of Monetary…The Solution of Linear Difference Models under Rational Expectations (1980)The Solution of Linear Differ…On the Time Consistency of Optimal Policy in a Monetary Economy (1978)On the Time Consistency of Op…Rules Rather than Discretion: The Inconsistency of Optimal Plans (1977)Rules Rather than Discretion:…The Valuation of Uncertain Income Streams and the Pricing of Options (1976)The Valuation of Uncertain In…Taylor Rules in the Quarterly Projection Model (2021)Taylor Rules in the Quarterly…Avoiding Dark Corners (2015)Avoiding Dark CornersTaylor-type rules versus optimal policy in a Markov-switching economy (2008)Taylor-type rules versus opti…State-Dependent Stock Market Reactions to Monetary Policy (2006)State-Dependent Stock Market …The Use and Abuse of Taylor Rules: How Precisely Can We Estimate Them? (2005)The Use and Abuse of Taylor R…Estimating Taylor-Type Rules: An Unbalanced Regression? (2005)Estimating Taylor-Type Rules:…Avoiding Nash inflation: Bayesian and robust responses to model uncertainty (2004)Avoiding Nash inflation: Baye…The Macroeconomic Effects of Higher Oil Prices (2001)The Macroeconomic Effects of …Monetary policy after financial liberalisation: A central bank reaction function for Botswana (2001)Monetary policy after financi…Inflation targeting with NAIRU uncertainty and endogenous policy credibility (2001)Inflation targeting with NAIR…Inflation Targeting and the Liquidity Trap (2001)Inflation Targeting and the L…The Role of MULTIMOD in the IMF's Policy Analysis (2000)The Role of MULTIMOD in the I…Learning About a Shift in Trend Output: Implications for Monetary Policy and Inflation (2000)Learning About a Shift in Tre…Analysis of the Monetary Transmission Mechanism: Methodological Issues (1999)Analysis of the Monetary Tran…The monetary dynamics of hyperinflation (1956)"Rational" Expectations, the Optimal Monetary Instrument, and the Optimal Money Supply Rule (1975)Aggregate Dynamics and Staggered Contracts (1980)Equilibria under ‘active’ and ‘passive’ monetary and fiscal policies (1991)Solving Linear Rational Expectations Models (2002)Solving dynamic general equilibrium models using a second-order approximation to the policy function (2003)Reputation and imperfect information (1982)International Norm Dynamics and Political Change (1998)Rational Expectations and the Theory of Price Movements (1961)Rational Expectations, the Real Rate of Interest, and the Natural Rate of Unemployment (1973)Decision Making in Political Systems: Veto Players in Presidentialism, Parliamentarism, Multicameralism and Multipartyism (1995)Veto Players. How Political Institutions Work (2003)Staggered Prices in a Utility-Maximizing Framework (1996)Inflation dynamics: A structural econometric analysis (1999)The Science of Monetary Policy: A New Keynesian Perspective (1999)Time Varying Structural Vector Autoregressions and Monetary Policy (2005)Some International Evidence on Output-Inflation Tradeoffs. (1973)Low inflation, pass-through, and the pricing power of firms (2000)Drifts and volatilities: monetary policies and outcomes in the post WWII US (2005)Monetary Policy and Exchange Rate Volatility in a Small Open Economy (2005)Varieties of Capitalism (2001)Estimation and Inference of Impulse Responses by Local Projections (2005)Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach (2007)Implied Binomial Trees (1994)Resurrecting the (C)CAPM: A Cross‐Sectional Test When Risk Premia Are Time‐Varying (2001)The Adaptive Markets Hypothesis (2004)INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY (2005)
this work references cited by second hop

References

  • 1993Discretion versus policy rules in practice9,059 cited
  • 1977Rules Rather than Discretion: The Inconsistency of Optimal Plans7,896 cited
  • 2000Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory*4,631 cited
  • 1985The Optimal Degree of Commitment to an Intermediate Monetary Target3,687 cited
  • 1983Rules, discretion and reputation in a model of monetary policy3,625 cited
  • 1980The Solution of Linear Difference Models under Rational Expectations2,412 cited
  • 1983A Positive Theory of Monetary Policy in a Natural Rate Model2,212 cited
  • 1981A Positive Theory of Monetary Policy in a Natural-Rate Model2,177 cited
  • 1999Monetary Policy Rules1,705 cited
  • 1976The Valuation of Uncertain Income Streams and the Pricing of Options1,620 cited
  • 1999Inflation targeting as a monetary policy rule1,166 cited
  • 1998Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory1,166 cited
  • 1995Inflation Persistence1,007 cited
  • 1997The Time-Varying NAIRU and its Implications for Economic Policy831 cited
  • 1978On the Time Consistency of Optimal Policy in a Monetary Economy807 cited

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  • 2012Macroeconomic Policy, Credibility and Politics692 cited
  • Cited by

    • 2001The Macroeconomic Effects of Higher Oil Prices72 cited
    • 2001Inflation Targeting and the Liquidity Trap56 cited
    • 2005The Use and Abuse of Taylor Rules: How Precisely Can We Estimate Them?53 cited
    • 2001Inflation targeting with NAIRU uncertainty and endogenous policy credibility44 cited
    • 2000Learning About a Shift in Trend Output: Implications for Monetary Policy and Inflation43 cited
    • 2004Avoiding Nash inflation: Bayesian and robust responses to model uncertainty38 cited
    • 2000The Role of MULTIMOD in the IMF's Policy Analysis35 cited
    • 1999Analysis of the Monetary Transmission Mechanism: Methodological Issues35 cited
    • 2001Monetary policy after financial liberalisation: A central bank reaction function for Botswana34 cited
    • 2005Estimating Taylor-Type Rules: An Unbalanced Regression?31 cited
    • 2006State-Dependent Stock Market Reactions to Monetary Policy22 cited
    • 2015Avoiding Dark Corners18 cited
    • 2008Taylor-type rules versus optimal policy in a Markov-switching economy18 cited
    • 2021Taylor Rules in the Quarterly Projection Model17 cited