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Welfare-Maximizing Monetary Policy Under Parameter Uncertainty
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References

  • 1993Discretion versus policy rules in practice9,059 cited
  • 1983Staggered prices in a utility-maximizing framework7,892 cited
  • 2005Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy5,868 cited
  • 2000Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory*4,631 cited
  • 1996Staggered Prices in a Utility-Maximizing Framework4,369 cited
  • 2003An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area3,519 cited
  • 1980Aggregate Dynamics and Staggered Contracts2,464 cited
  • 2000Optimal monetary policy with staggered wage and price contracts2,281 cited
  • 1997An Optimization-Based Econometric Framework for the Evaluation of Monetary Policy2,077 cited
  • 1982Sticky Prices in the United States1,917 cited
  • 1996Technology, Employment, and the Business Cycle: Do Technology Shocks Explain Aggregate Fluctuations1,731 cited
  • 2000Habit Formation in Consumption and Its Implications for Monetary-Policy Models1,148 cited
  • 2003Measuring the Natural Rate of Interest1,062 cited
  • 1967Uncertainty and the effectiveness of policy1,008 cited
  • 1999Optimal Monetary Policy Inertia998 cited

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  • 1988Sources of Business Cycle Fluctuations653 cited
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