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The Natural Rate of Interest and Its Usefulness for Monetary Policy
16 references·16 citing·44 second hopsampled
The Natural Rate of Interest and Its Usefulness for Monetary Policy (2014)The Natural Rate of Interest and Its Usef…Macroeconomic Effects of Federal Reserve Forward Guidance (2012)Macroeconomic Effects of Fede…International Journal of Central Banking (2012)International Journal of Cent…Debt, Deleveraging, and the Liquidity Trap: A Fisher-Minsky-Koo Approach* (2012)Debt, Deleveraging, and the L…The Long Slump (2011)The Long SlumpManaging a Liquidity Trap: Monetary and Fiscal Policy (2011)Managing a Liquidity Trap: Mo…Monetary policy, inflation, and the business cycle : an introduction to the new Keynesian framework (2008)Monetary policy, inflation, a…Investment Shocks and Business Cycles (2008)Investment Shocks and Busines…Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach (2007)Shocks and Frictions in US Bu…Real Wage Rigidities and the New Keynesian Model (2007)Real Wage Rigidities and the …INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY (2005)INTEREST AND PRICES: FOUNDATI…Inflation Stabilization and Welfare: The Case of a Distorted Steady State (2005)Inflation Stabilization and W…Do Actions Speak Louder Than Words? The Response of Asset Prices to Monetary Policy Actions and Statements (2004)Do Actions Speak Louder Than …The Zero Bound on Interest Rates and Optimal Monetary Policy (2003)The Zero Bound on Interest Ra…Markups, Gaps, and the Welfare Costs of Business Fluctuations (2002)Markups, Gaps, and the Welfar…It's Baaack: Japan's Slump and the Return of the Liquidity Trap (1998)It's Baaack: Japan's Slump an…The risk-free rate in heterogeneous-agent incomplete-insurance economies (1993)The risk-free rate in heterog…Natural and Neutral Real Interest Rates: Past and Future (2023)Natural and Neutral Real Inte…Rare Disasters, the Natural Interest Rate and Monetary Policy (2020)Rare Disasters, the Natural I…Time-varying business volatility and the price setting of firms (2018)Time-varying business volatil…Natural rates across the Atlantic (2018)Natural rates across the Atla…National natural rates of interest and the single monetary policy in the euro area (2018)National natural rates of int…Natural Rates Across the Atlantic (2017)Natural Rates Across the Atla…Money and velocity during financial crises: From the great depression to the great recession (2017)Money and velocity during fin…Forward Guidance and Macroeconomic Outcomes since the Financial Crisis (2017)Forward Guidance and Macroeco…Risk Management for Monetary Policy Near the Zero Lower Bound (2016)Risk Management for Monetary …Measuring the Natural Rate of Interest: International Trends and Determinants (2016)Measuring the Natural Rate of…Finding the Equilibrium Real Interest Rate in a Fog of Policy Deviations (2016)Finding the Equilibrium Real …The Equilibrium Real Funds Rate: Past, Present and Future (2015)The Equilibrium Real Funds Ra…The Economic Outlook and Monetary Policy (2015)The Economic Outlook and Mone…On the Structural Interpretation of the Smets–Wouters “Risk Premium” Shock (2015)On the Structural Interpretat…Lower for Longer (2015)Lower for LongerHas U.S. monetary policy tracked the efficient interest rate? 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References

  • 2005INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY5,508 cited
  • 2007Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach4,628 cited
  • 1998It's Baaack: Japan's Slump and the Return of the Liquidity Trap1,754 cited
  • 2004Do Actions Speak Louder Than Words? The Response of Asset Prices to Monetary Policy Actions and Statements1,566 cited
  • 2012Debt, Deleveraging, and the Liquidity Trap: A Fisher-Minsky-Koo Approach*1,407 cited
  • 1993The risk-free rate in heterogeneous-agent incomplete-insurance economies1,267 cited
  • 2012International Journal of Central Banking1,258 cited
  • 2007Real Wage Rigidities and the New Keynesian Model1,128 cited
  • 2008Monetary policy, inflation, and the business cycle : an introduction to the new Keynesian framework934 cited
  • 2008Investment Shocks and Business Cycles887 cited
  • 2003The Zero Bound on Interest Rates and Optimal Monetary Policy854 cited
  • 2012Macroeconomic Effects of Federal Reserve Forward Guidance748 cited
  • 2002Markups, Gaps, and the Welfare Costs of Business Fluctuations471 cited
  • 2011The Long Slump387 cited
  • 2011Managing a Liquidity Trap: Monetary and Fiscal Policy

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333 cited
  • 2005Inflation Stabilization and Welfare: The Case of a Distorted Steady State325 cited
  • Cited by

    • 2017Forward Guidance and Macroeconomic Outcomes since the Financial Crisis171 cited
    • 2015On the Structural Interpretation of the Smets–Wouters “Risk Premium” Shock143 cited
    • 2014Has U.S. monetary policy tracked the efficient interest rate?138 cited
    • 2015The Equilibrium Real Funds Rate: Past, Present and Future109 cited
    • 2016Risk Management for Monetary Policy Near the Zero Lower Bound84 cited
    • 2020Rare Disasters, the Natural Interest Rate and Monetary Policy82 cited
    • 2015The Economic Outlook and Monetary Policy69 cited
    • 2023Natural and Neutral Real Interest Rates: Past and Future61 cited
    • 2015Lower for Longer57 cited
    • 2018Time-varying business volatility and the price setting of firms56 cited
    • 2017Natural Rates Across the Atlantic55 cited
    • 2016Finding the Equilibrium Real Interest Rate in a Fog of Policy Deviations52 cited
    • 2017Money and velocity during financial crises: From the great depression to the great recession46 cited
    • 2016Measuring the Natural Rate of Interest: International Trends and Determinants41 cited
    • 2018National natural rates of interest and the single monetary policy in the euro area40 cited
    • 2018Natural rates across the Atlantic39 cited