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Optimal monetary policy rules in a rational expectations model of the Phillips curve
16 references·14 citing·34 second hop
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this work references cited by second hop

References

  • 1993Discretion versus policy rules in practice9,059 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
  • 1980Aggregate Dynamics and Staggered Contracts2,464 cited
  • 1977Long-Term Contracts, Rational Expectations, and the Optimal Money Supply Rule1,946 cited
  • 1997Inflation forecast targeting: Implementing and monitoring inflation targets1,666 cited
  • 1995Optimal contracts for central bankers1,131 cited
  • 1960The Relation between Unemployment and the Rate of Change of Money Wage Rates in the United Kingdom, 1862-1957: A Further Analysis646 cited
  • 1992Optimal Commitment in Monetary Policy: Credibility versus Flexibility595 cited
  • 1995Optimal Inflation Targets, `Conservative' Central Banks, and Linear Inflation Contracts593 cited
  • 1996How the Bundesbank Conducts Monetary Policy457 cited
  • 1995Monetary policy trade-offs and the correlation between nominal interest rates and real output325 cited
  • 1993Evaluating policy regimes : new research in empirical macroeconomics294 cited
  • 1997Optimal Inflation Targets, 'Conservative' Central Banks, and Linear Inflation Contracts281 cited
  • 1989

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Monetary Policy Strategies
169 cited
  • 1994Asymmetric Effects of Economic Activity on Inflation: Evidence and Policy Implications127 cited
  • Cited by

    • 2004Reflections on the current fashion for central bank independence54 cited
    • 2012Macroeconomic Stability, Financial Stability, and Monetary Policy Rules50 cited
    • 2004Financial Condition Index and interest rate settings: a comparative analysis41 cited
    • 2006OPTIMAL MONETARY POLICY AND ASSET PRICE MISALIGNMENTS35 cited
    • 2012The asymmetric reaction of monetary policy to inflation and the output gap: Evidence from Canada30 cited
    • 2006Monetary Policy and Uncertainty about the Natural Unemployment Rate: Brainard-Style Conservatism versus Experimental Activism28 cited
    • 2013Inflation Targeting and Financial Stability: A Perspective from the Developing World28 cited
    • 1999Efficient Monetary Policy Design Near Price Stability21 cited
    • 2001Forward-Looking Behavior and the Optimality of the Taylor Rule21 cited
    • 2006Chapter 11 Nonlinearity and Structural Change in Interest Rate Reaction Functions for the US, UK and Germany17 cited
    • 1999Monetary Policy and Public Finances16 cited
    • 2003Inflation Targeting, Price-Path Targeting and Output Variability16 cited
    • 1997Phillips Curves, Phillips Lines and the Unemplyment Costs of Overheating15 cited
    • 2001Forward-Looking Behavior and the Optimality of the Taylor Rule15 cited