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Modern macroeconomic models as tools for economic policy
6 references·10 citing·46 second hop
Modern macroeconomic models as tools for economic policy (2010)Modern macroeconomic models as tools for …New Keynesian Models: Not Yet Useful for Policy Analysis (2008)New Keynesian Models: Not Yet…Too big to fail: the hazards of bank bailouts (2004)Too big to fail: the hazards …An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area (2003)An Estimated Dynamic Stochast…Some Unpleasant Monetarist Arithmetic (1984)Some Unpleasant Monetarist Ar…Rules Rather than Discretion: The Inconsistency of Optimal Plans (1977)Rules Rather than Discretion:…Econometric policy evaluation: A critique (1976)Econometric policy evaluation…To maximize or randomize? An experimental study of probability matching in financial decision making (2021)To maximize or randomize? An …What drives aggregate investment? Evidence from German survey data (2020)What drives aggregate investm…Macroeconomic Models for Monetary Policy: A Critical Review from a Finance Perspective (2020)Macroeconomic Models for Mone…Asset Prices and Macroeconomic Outcomes: A Survey (2017)Asset Prices and Macroeconomi…Long-run growth uncertainty (2016)Long-run growth uncertaintyChallenges for Central Bankss Macro Models (2016)Challenges for Central Bankss…In search of lost time: the neoclassical synthesis (2013)In search of lost time: the n…What have central bankers learned from modern macroeconomic theory? (2011)What have central bankers lea…Social welfare issues of financial literacy and their implications for regulation (2011)Social welfare issues of fina…Macroeconomic Lessons from the Great Deviation (2011)Macroeconomic Lessons from th…Foundations of Economic Analysis. (1948)INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY (2005)The Standard Narrative about DSGE Models in Central Banks’ Technical Reports (2020)A Black Swan in the Money MarketInterest and Prices (2004)Monetary Policy and the Housing Bubble (2011)The Two Greatest. Great Recession vs. Great Moderation (2014)THE GOVERNANCE OF FINANCIAL SUPERVISION: RECENT DEVELOPMENTS (2015)Estimating the Taylor rule in the time-frequency domain (2018)A Theory of the Consumption Function (1960)Some International Evidence on Output-Inflation Tradeoffs. (1973)The Role of Monetary Policy (1995)Time Varying Structural Vector Autoregressions and Monetary Policy (2005)Does Culture Affect Economic Outcomes? (2006)Credit Cycles (1997)Macroeconomic Policy in DSGE and Agent-Based Models (2012)Agent-Based Macroeconomics ✶ ✶The authors are grateful for helpful comments and suggestions from Tiziana Assenza, Jean-Philippe Bouchaud, Silvano Cincotti, Giovanni Dosi, Giorgio Fagiolo, Edoardo Gaffeo, Mauro Gallegati, Gavin Goy, Philipp Harting, Cars Hommes, Sander van der Hoog, Peter Howitt, Blake LeBaron, Marco Raberto, Andrea Roventini, Alberto Russo, and Isabelle Salle. (2018)Macroeconomics with heterogeneous agent models: fostering transparency, reproducibility and replication (2018)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)The general equilibrium effects of fiscal policy: Estimates for the Euro area (2008)Disaster Risk and Business Cycles (2012)Ambiguous Business Cycles (2014)Why Are Stabilizations Delayed?The monetary dynamics of hyperinflation (1956)Money and Economic Growth (1965)Equilibria under ‘active’ and ‘passive’ monetary and fiscal policies (1991)Presidential Address: Discount Rates (2011)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)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Financial cycles around the world (2020)TO LEAN OR NOT TO LEAN AGAINST AN ASSET PRICE BUBBLE? EMPIRICAL EVIDENCE (2020)The response of asset prices to monetary policy shock in Indonesia: A structural VAR approach (2022)Time to Build and Aggregate Fluctuations (1982)Discretion versus policy rules in practice (1993)The Science of Monetary Policy: A New Keynesian Perspective (1999)House Prices, Borrowing Constraints, and Monetary Policy in the Business Cycle (2005)Understanding the Effects of Government Spending on Consumption (2007)Deposit insurance, bank regulation, and financial system risks (2006)Mergers and Acquisitions of Financial Institutions: A Review of the Post-2000 Literature (2009)Credit risk determinants: Evidence from a cross-country study (2014)
this work references cited by second hop

References

  • 1977Rules Rather than Discretion: The Inconsistency of Optimal Plans7,896 cited
  • 1976Econometric policy evaluation: A critique6,104 cited
  • 2003An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area3,519 cited
  • 1984Some Unpleasant Monetarist Arithmetic1,486 cited
  • 2004Too big to fail: the hazards of bank bailouts521 cited
  • 2008New Keynesian Models: Not Yet Useful for Policy Analysis418 cited

Cited by

  • 2011Macroeconomic Lessons from the Great Deviation91 cited
  • 2011What have central bankers learned from modern macroeconomic theory?61 cited
  • 2013In search of lost time: the neoclassical synthesis48 cited
  • 2017Asset Prices and Macroeconomic Outcomes: A Survey40 cited
  • 2020Macroeconomic Models for Monetary Policy: A Critical Review from a Finance Perspective38 cited
  • 2020What drives aggregate investment? Evidence from German survey data36 cited
  • 2011Social welfare issues of financial literacy and their implications for regulation33 cited
  • 2016Long-run growth uncertainty20 cited
  • 2016Challenges for Central Bankss Macro Models15 cited

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  • 2021To maximize or randomize? An experimental study of probability matching in financial decision making12 cited