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Robustifying Optimal Monetary Policy Using Simple Rules as Cross-Checks
16 references·10 citing·33 second hop
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References

  • 1993Discretion versus policy rules in practice9,059 cited
  • 2005Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy5,868 cited
  • 2007Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach4,628 cited
  • 1985The Optimal Degree of Commitment to an Intermediate Monetary Target3,687 cited
  • 2003An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area3,519 cited
  • 2010Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach1,507 cited
  • 2000Habit Formation in Consumption and Its Implications for Monetary-Policy Models1,148 cited
  • 1995Inflation Persistence1,007 cited
  • 2010An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area919 cited
  • 2003What Is Wrong with Taylor Rules? Using Judgment in Monetary Policy through Targeting Rules703 cited
  • 2010Inflation Targeting273 cited
  • 2003Robust monetary policy with competing reference models260 cited
  • 2010Simple and Robust Rules for Monetary Policy187 cited
  • 2010Simple and Robust Rules for Monetary Policy137 cited
  • 2007The Taylor Rule and the Transformation of Monetary Policy137 cited

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  • 2001Money Growth Monitoring and the Taylor Rule109 cited
  • Cited by

    • 2013The BIS and the Latin American Debt Crisis of the 1980s41 cited
    • 2014The Single Supervisory Mechanism or 'SSM', Part One of the Banking Union41 cited
    • 2015Goals and Rules in Central Bank Design30 cited
    • 2013The Role of Financial Frictions During the Crisis: An Estimated DSGE Model28 cited
    • 2014International competition and firm performance: Evidence from Belgium26 cited
    • 2013Bank Reactions After Capital Shortfalls24 cited
    • 2013Household and Firm Leverage, Capital Flows and Monetary Policy in a Small Open Economy22 cited
    • 2022Oil price shocks and monetary policy in resource-rich economies: Does capital matter?16 cited
    • 2012Cross-checking optimal monetary policy with information from the Taylor rule13 cited
    • 2020Estimating Monetary Policy Reaction Functions: Comparison between the European Central Bank and Swedish Central Bank10 cited