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Robust inflation-forecast-based rules to shield against indeterminacy
16 references·12 citing·40 second hop
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this work references cited by second hop

References

  • 1993Discretion versus policy rules in practice9,059 cited
  • 2000Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory*4,631 cited
  • 1997An Optimization-Based Econometric Framework for the Evaluation of Monetary Policy2,077 cited
  • 2001Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy1,448 cited
  • 2000Low inflation, pass-through, and the pricing power of firms1,354 cited
  • 2000Habit Formation in Consumption and Its Implications for Monetary-Policy Models1,148 cited
  • 1967Uncertainty and the effectiveness of policy1,008 cited
  • 1995Inflation Persistence1,007 cited
  • 2001Evolving Post-World War II U.S. Inflation Dynamics914 cited
  • 2004Testing for Indeterminacy: An Application to U.S. Monetary Policy868 cited
  • 2000Loss function‐based evaluation of DSGE models651 cited
  • 1999Asking about prices: a new approach to understanding price stickiness625 cited
  • 2001Monetary Policy and Multiple Equilibria532 cited
  • 1997Inflation Forecasts and Monetary Policy437 cited
  • 2007Testing for Indeterminacy: An Application to U.S. Monetary Policy: Comment430 cited

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1997
Inflation Forecasts and Monetary Policy
413 cited

Cited by

  • 2008Worldwide macroeconomic stability and monetary policy rules34 cited
  • 2008Estimating the Parameters of a Small Open Economy DSGE Model: Identifiability and Inferential Validity28 cited
  • 2009How forward-looking is the Fed? Direct estimates from a ‘Calvo-type’ rule27 cited
  • 2005Robust Monetary Policy in a Small Open Economy25 cited
  • 2008Monetary Policy Under Uncertainty in an Estimated Model with Labour Market Frictions24 cited
  • 2010How robustness can lower the cost of discretion22 cited
  • 2006Worldwide Macroeconomic Stability and Monetary Policy Rules21 cited
  • 2007Optimal Constrained Interest‐Rate Rules20 cited
  • 2006Inflation Forecast-Based-Rules and Indeterminacy: A Puzzle and a Resolution18 cited
  • 2012Monetary policy in an uncertain world: probability models and the design of robust monetary rules16 cited
  • 2010The Taylor Principle and (In-)Determinacy in a New Keynesian Model with Hiring Frictions and Skill Loss16 cited
  • 2016Monetary policy and news shocks: are Taylor rules forward-looking?12 cited