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An Evaluation of Alternative Monetary Policy Rules in a Model with Capacity Constraints
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References

  • 1993Discretion versus policy rules in practice9,059 cited
  • 1997Inflation forecast targeting: Implementing and monitoring inflation targets1,666 cited
  • 1997The Time-Varying NAIRU and its Implications for Economic Policy831 cited
  • 1992Asymmetric Effects of Positive and Negative Money-Supply Shocks541 cited
  • 1997The (Un)Importance of Forward-Looking Behavior in Price Specifications528 cited
  • 1999Forward-Looking Rules for Monetary Policy507 cited
  • 1988How Does Macroeconomic Policy Affect Output?408 cited
  • 1995Monetary policy trade-offs and the correlation between nominal interest rates and real output325 cited
  • 1998Robustness of Simple Monetary Policy Rules under Model Uncertainty321 cited
  • 1999The U.S. Phillips curve: The case for asymmetry167 cited
  • 1996Is the Phillips Curve Really a Curve? Some Evidence for Canada, the United Kingdom, and the United States162 cited
  • 1998Monetary Policy and Uncertainty about the Natural Unemployment Rate129 cited
  • 1994Asymmetric Effects of Economic Activity on Inflation: Evidence and Policy Implications127 cited
  • 1998On Policy Rules for Price Stability87 cited
  • 2004The Nonlinear Phillips Curve and Inflation Forecast Targeting: Symmetric Versus Asymmetric Monetary Policy Rules

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82 cited
  • 1999Taylor Rules in a Limited Participation Model76 cited
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    • 2009Contracting models of the Phillips curve empirical estimates for middle-income countries32 cited
    • 2010Nonlinearity and structural stability in the Phillips curve: Evidence from Turkey32 cited
    • 2005Testing the significance and the non-linearity of the Phillips trade-off in the Euro Area30 cited
    • 2003Asymmetric output‐gap effects in Phillips Curve and mark‐up pricing models: Evidence for the US and the UK25 cited
    • 2003Contracting Models of the Phillips Curve: Empirical Estimates for Middle-Income Countries24 cited
    • 2012One for Some or One for All? Taylor Rules and Interregional Heterogeneity23 cited
    • 2019The Phillips Curve at 60: Time for Time and Frequency22 cited
    • 2004Monetary Policy and Unemployment21 cited
    • 2023The intermittent Phillips curve: finding a stable (but persistence-dependent) Phillips curve model specification19 cited
    • 2017Multivariate Filter Estimation of Potential Output for the United States16 cited
    • 2009Capacity Utilisation, Constraints and Price Adjustments Under the Microscope16 cited