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Monetary Policy Rules Work and Discretion Doesn’t: A Tale of Two Eras
16 references·16 citing·46 second hopsampled
Monetary Policy Rules Work and Discretion Doesn’t: A Tale of Two Eras (2012)Monetary Policy Rules Work and Discretion…Rules Rather Than Discretion: The Inconsistency of Optimal plans (2013)Rules Rather Than Discretion:…International Journal of Central Banking (2012)International Journal of Cent…Large-Scale Asset Purchases by the Federal Reserve: Did They Work? (2011)Large-Scale Asset Purchases b…Simple and Robust Rules for Monetary Policy (2010)Simple and Robust Rules for M…Monetary policy and the housing bubble: a speech at the Annual Meeting of the American Economic Association, Atlanta, Georgia, January 3, 2010 (2010)Monetary policy and the housi…Monetary policy after the fall (2010)Monetary policy after the fallLarge-Scale Asset Purchases by the Federal Reserve: Did They Work? 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References

  • 1993Discretion versus policy rules in practice9,059 cited
  • 1977Rules Rather than Discretion: The Inconsistency of Optimal Plans7,896 cited
  • 1976Econometric policy evaluation: A critique6,104 cited
  • 2012International Journal of Central Banking1,258 cited
  • 2005A HISTORY OF THE FEDERAL RESERVE643 cited
  • n.d.A Black Swan in the Money Market610 cited
  • 2007Housing and Monetary Policy595 cited
  • 1997Issues in the Design of Monetary Policy Rules496 cited
  • 2011Large-Scale Asset Purchases by the Federal Reserve: Did They Work?402 cited
  • 2013Rules Rather Than Discretion: The Inconsistency of Optimal plans395 cited
  • 2010Large-Scale Asset Purchases by the Federal Reserve: Did They Work?304 cited
  • 2010Monetary policy and the housing bubble: a speech at the Annual Meeting of the American Economic Association, Atlanta, Georgia, January 3, 2010217 cited
  • 2008House Prices and the Stance of Monetary Policy202 cited
  • 2010Simple and Robust Rules for Monetary Policy187 cited
  • 1999Chapter 23 Issues in the design of monetary policy rules185 cited
  • 2010

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Monetary policy after the fall
178 cited

Cited by

  • 2017Monetary and macroprudential policies in an estimated model with financial intermediation94 cited
  • 2018Estimating the Taylor rule in the time-frequency domain91 cited
  • 2014Deviations from Rules-Based Policy and Their Effects76 cited
  • 2013The Effectiveness of Central Bank Independence vs. Policy Rules52 cited
  • 2016Inflation uncertainty, disagreement and monetary policy: Evidence from the ECB Survey of Professional Forecasters50 cited
  • 2014Monetary and Macroprudential Policies in an Estimated Model with Financial Intermediation38 cited
  • 2013The Influence of the Taylor Rule on US Monetary Policy36 cited
  • 2015The influence of FOMC member characteristics on the monetary policy decision-making process32 cited
  • 2019Central bank losses and monetary policy rules: A DSGE investigation31 cited
  • 2015Goals and Rules in Central Bank Design30 cited
  • 2022Milton Friedman and the Case for Flexible Exchange Rates and Monetary Rules30 cited
  • 2017Rules Versus Discretion: Assessing the Debate Over the Conduct of Monetary Policy28 cited
  • 2016A multiple threshold analysis of the Fed's balancing act during the Great Moderation24 cited
  • 2014Evaluating monetary policy at the zero lower bound.20 cited
  • 2023House Bubbles, global imbalances and monetary policy in the US19 cited
  • 2013(Taylor) Rules versus Discretion in U.S. Monetary Policy19 cited