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A Bayesian DSGE Model with Infinite-Horizon Learning: Do "Mechanical" Sources of Persistence Become Superfluous?
12 references·6 citing·46 second hop
A Bayesian DSGE Model with Infinite-Horizon Learning: Do "Mechanical" Sources of Persistence Become Superfluous? (2005)A Bayesian DSGE Model with Infinite-Horiz…Adaptive learning and the use of forecasts in monetary policy (2008)Adaptive learning and the use…Bayesian Analysis of DSGE Models (2007)Bayesian Analysis of DSGE Mod…Has Monetary Policy Become More Effective? (2006)Has Monetary Policy Become Mo…A simple recursive forecasting model (2006)A simple recursive forecastin…Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy (2005)Nominal Rigidities and the Dy…INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY (2005)INTEREST AND PRICES: FOUNDATI…Adaptive Learning and Inflation Persistence (2005)Adaptive Learning and Inflati…Imperfect Knowledge, Inflation Expectations, and Monetary Policy (2004)Imperfect Knowledge, Inflatio…Optimal Inflation Targeting Rules (2003)Optimal Inflation Targeting R…MONETARY POLICY IN AN ESTIMATED STOCHASTIC DYNAMIC GENERAL EQUILIBRIUM MODEL OF THE EURO AREA (2002)MONETARY POLICY IN AN ESTIMAT…Learning about monetary policy rules (2002)Learning about monetary polic…Learning and Expectations in Macroeconomics (2001)Learning and Expectations in …LEARNING AND THE EVOLUTION OF THE FED’S INFLATION TARGET (2019)LEARNING AND THE EVOLUTION OF…On the Perils of Stabilizing Prices When Agents are Learning. (2015)On the Perils of Stabilizing …POLITICAL BUSINESS CYCLES IN THE NEW KEYNESIAN MODEL (2010)POLITICAL BUSINESS CYCLES IN …Learning in an Estimated Medium-Scale DSGE Model (2009)Learning in an Estimated Medi…Adaptive Learning and Macroeconomic Inertia in the Euro Area* (2009)Adaptive Learning and Macroec…Robust Taylor Rules in an Open Economy with Heterogeneous Expectations and Least Squares Learning (2007)Robust Taylor Rules in an Ope…MONOPOLISTIC COMPETITION AND OPTIMUM PRODUCT DIVERSITY (1975)Staggered prices in a utility-maximizing framework (1983)Discretion versus policy rules in practice (1993)The Great Inflation of the Seventies: What Really Happened? (2005)Identification With Taylor Rules: A Critical Review (2007)Estimation of Monetary Policy Preferences in a Forward-Looking Model : A Bayesian Approach (2010)The Dynamic Effects of Aggregate Demand and Supply Disturbances (1988)The Financial Accelerator in a Quantitative Business Cycle Framework (1998)The Science of Monetary Policy: A New Keynesian Perspective (1999)How Interest Sensitive is Investment? Very (when the data are well measured) (2002)New Macroeconomic Evidence on Monetary Policy Transmission in the Euro Area (2003)Dynamics of worker flows and vacancies: evidence from the sign restriction approach (2009)Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory* (2000)The Taylor Rule and Optimal Monetary Policy (2001)Testing for Indeterminacy: An Application to U.S. Monetary Policy (2004)Monetary Policy and Exchange Rate Volatility in a Small Open Economy (2005)Drifts and volatilities: monetary policies and outcomes in the post WWII US (2005)Were There Regime Switches in U.S. Monetary Policy? (2006)Expectations, Learning, and Business Cycle Fluctuations (2011)Asset Pricing with Fading Memory (2021)Individual time series and composite forecasting of the Chinese stock index (2021)Econometric policy evaluation: A critique (1976)Rules, discretion and reputation in a model of monetary policy (1983)Monetary Policy and Exchange Rate Volatility in a Small Open Economy (2005)Time Varying Structural Vector Autoregressions and Monetary Policy (2005)Housing Market Spillovers: Evidence from an Estimated DSGE Model (2010)The Time-Varying Volatility of Macroeconomic Fluctuations (2008)Inflation-Gap Persistence in the US (2009)The Quarterly Journal of Economics (2024)The Role of Monetary Policy (1995)Staggered Prices in a Utility-Maximizing Framework (1996)Estimation and Inference of Impulse Responses by Local Projections (2005)Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach (2007)The Impact of Uncertainty Shocks (2009)Rational Expectations and the Theory of Price Movements (1961)Robust Monetary Policy Rules with Unknown Natural Rates (2002)Historical Monetary Policy Analysis and the Taylor Rule (2003)Implications of rational inattention (2003)Modeling Inflation Dynamics: A Critical Review of Recent Research (2007)Time to Build and Aggregate Fluctuations (1982)Macroeconomic Effects of Financial Shocks (2012)Risk Shocks (2013)American Economic Review (2019)A Quartet of Semigroups for Model Specification, Robustness, Prices of Risk, and Model Detection (2003)Heterogeneous Agent Models in Economics and Finance (2005)Chapter 23 Heterogeneous Agent Models in Economics and Finance (2006)
this work references cited by second hop

References

  • 2005Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy5,868 cited
  • 2005INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY5,508 cited
  • 2001Learning and Expectations in Macroeconomics2,079 cited
  • 2007Bayesian Analysis of DSGE Models1,367 cited
  • 2002Learning about monetary policy rules932 cited
  • 2006Has Monetary Policy Become More Effective?768 cited
  • 2004Imperfect Knowledge, Inflation Expectations, and Monetary Policy352 cited
  • 2006A simple recursive forecasting model286 cited
  • 2002MONETARY POLICY IN AN ESTIMATED STOCHASTIC DYNAMIC GENERAL EQUILIBRIUM MODEL OF THE EURO AREA59 cited
  • 2003Optimal Inflation Targeting Rules59 cited
  • 2008Adaptive learning and the use of forecasts in monetary policy55 cited
  • 2005Adaptive Learning and Inflation Persistence52 cited

Cited by

  • 2007Robust Taylor Rules in an Open Economy with Heterogeneous Expectations and Least Squares Learning28 cited
  • 2019LEARNING AND THE EVOLUTION OF THE FED’S INFLATION TARGET26 cited
  • 2009Learning in an Estimated Medium-Scale DSGE Model24 cited

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2009
Adaptive Learning and Macroeconomic Inertia in the Euro Area*
22 cited
  • 2015On the Perils of Stabilizing Prices When Agents are Learning.16 cited
  • 2010POLITICAL BUSINESS CYCLES IN THE NEW KEYNESIAN MODEL11 cited