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On the Sources of the Great Moderation
16 references·16 citing·36 second hopsampled
On the Sources of the Great Moderation (2009)On the Sources of the Great ModerationThe Time-Varying Volatility of Macroeconomic Fluctuations (2008)The Time-Varying Volatility o…Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach (2007)Shocks and Frictions in US Bu…Has Monetary Policy Become More Effective? (2006)Has Monetary Policy Become Mo…Are Technology Improvements Contractionary? (2006)Are Technology Improvements C…Time Varying Structural Vector Autoregressions and Monetary Policy (2005)Time Varying Structural Vecto…Drifts and volatilities: monetary policies and outcomes in the post WWII US (2005)Drifts and volatilities: mone…Has the Business Cycle Changed and Why? (2002)Has the Business Cycle Change…Bayesian Analysis of Stochastic Volatility Models (2002)Bayesian Analysis of Stochast…The Long and Large Decline in U.S. Output Volatility (2001)The Long and Large Decline in…Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory* (2000)Monetary Policy Rules and Mac…Measuring Business Cycles: Approximate Band-Pass Filters for Economic Time Series (1999)Measuring Business Cycles: Ap…Has the U.S. Economy Become More Stable? A Bayesian Approach Based on a Markov-Switching Model of the Business Cycle (1999)Has the U.S. Economy Become M…Technology, Employment, and the Business Cycle: Do Technology Shocks Explain Aggregate Fluctuations (1996)Technology, Employment, and t…Current Real Business Cycle Theories and Aggregate Labor Market Fluctuations (1990)Current Real Business Cycle T…Time Series Analysis: Forecasting and Control (1977)Time Series Analysis: Forecas…Output Fluctuations in the United States: What Has Changed since the Early 1980's?Output Fluctuations in the Un…Macroeconomic Policy in the Time of COVID-19 (2020)Macroeconomic Policy in the T…Oil prices and inflation dynamics: Evidence from advanced and developing economies (2018)Oil prices and inflation dyna…Loan Supply Shocks and the Business Cycle (2016)Loan Supply Shocks and the Bu…The Effects of Monetary Policy on Stock Market Bubbles: Some Evidence (2015)The Effects of Monetary Polic…Wage rigidity and job creation (2013)Wage rigidity and job creationThe Great Diversification and its Undoing (2013)The Great Diversification and…Performance pay and changes in U.S. labor market dynamics (2013)Performance pay and changes i…Facts and Challenges from the Great Recession for Forecasting and Macroeconomic Modeling (2013)Facts and Challenges from the…Macroeconomic forecasting and structural change (2011)Macroeconomic forecasting and…Aggregate hours worked in OECD countries: New measurement and implications for business cycles (2011)Aggregate hours worked in OEC…How Has the Monetary Transmission Mechanism Evolved Over Time? (2010)How Has the Monetary Transmis…How Has the Monetary Transmission Mechanism Evolved Over Time? (2010)How Has the Monetary Transmis…Slapped in the Face by the Invisible Hand: Banking and the Panic of 2007 (2009)Slapped in the Face by the In…Oil and the Great Moderation (2009)Oil and the Great ModerationInflation Targeting: What Have We Learned?* (2009)Inflation Targeting: What Hav…Interpreting the Great Moderation: Changes in the Volatility of Economic Activity at the Macro and Micro Levels (2008)Interpreting the Great Modera…Generalized autoregressive conditional heteroskedasticity (1986)Conditional Heteroskedasticity in Asset Returns: A New Approach (1991)ARCH modeling in finance (1992)5 Stochastic volatility (1996)Range‐Based Estimation of Stochastic Volatility Models (2002)Do Stock Prices and Volatility Jump? 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(2006)Structural Vector Autoregressions: Theory of Identification and Algorithms for Inference (2009)Refined Measures of Dynamic Connectedness based on Time-Varying Parameter Vector Autoregressions (2020)Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy (2005)A model of unconventional monetary policy (2010)Financial Intermediation and Credit Policy in Business Cycle Analysis (2010)A New Approach to the Economic Analysis of Nonstationary Time Series and the Business Cycle (1989)What is an Oil Shock? (2000)Have Individual Stocks Become More Volatile? An Empirical Exploration of Idiosyncratic Risk (2001)American Economic Review (2019)INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY (2005)Distribution of the Estimators for Autoregressive Time Series with a Unit Root (1979)Likelihood Ratio Statistics for Autoregressive Time Series with a Unit Root (1981)Institutional causes, macroeconomic symptoms: volatility, crises and growth (2003)Why Has U.S. Inflation Become Harder to Forecast? (2007)Credit Spreads and Business Cycle Fluctuations (2012)
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References

  • 1977Time Series Analysis: Forecasting and Control19,200 cited
  • 2000Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory*4,631 cited
  • 2007Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach4,628 cited
  • 2005Time Varying Structural Vector Autoregressions and Monetary Policy3,044 cited
  • 1999Measuring Business Cycles: Approximate Band-Pass Filters for Economic Time Series2,829 cited
  • 2005Drifts and volatilities: monetary policies and outcomes in the post WWII US1,955 cited
  • n.d.Output Fluctuations in the United States: What Has Changed since the Early 1980's?1,867 cited
  • 1996Technology, Employment, and the Business Cycle: Do Technology Shocks Explain Aggregate Fluctuations1,731 cited
  • 2002Has the Business Cycle Changed and Why?1,515 cited
  • 2002Bayesian Analysis of Stochastic Volatility Models1,363 cited
  • 1999Has the U.S. Economy Become More Stable? A Bayesian Approach Based on a Markov-Switching Model of the Business Cycle1,174 cited
  • 2001The Long and Large Decline in U.S. Output Volatility995 cited
  • 1990Current Real Business Cycle Theories and Aggregate Labor Market Fluctuations978 cited
  • 2006Are Technology Improvements Contractionary?878 cited
  • 2008

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The Time-Varying Volatility of Macroeconomic Fluctuations
844 cited
  • 2006Has Monetary Policy Become More Effective?768 cited
  • Cited by

    • 2010How Has the Monetary Transmission Mechanism Evolved Over Time?388 cited
    • 2011Macroeconomic forecasting and structural change360 cited
    • 2018Oil prices and inflation dynamics: Evidence from advanced and developing economies341 cited
    • 2009Slapped in the Face by the Invisible Hand: Banking and the Panic of 2007330 cited
    • 2013The Great Diversification and its Undoing313 cited
    • 2009Inflation Targeting: What Have We Learned?*243 cited
    • 2009Oil and the Great Moderation228 cited
    • 2015The Effects of Monetary Policy on Stock Market Bubbles: Some Evidence221 cited
    • 2013Facts and Challenges from the Great Recession for Forecasting and Macroeconomic Modeling211 cited
    • 2013Wage rigidity and job creation207 cited
    • 2008Interpreting the Great Moderation: Changes in the Volatility of Economic Activity at the Macro and Micro Levels204 cited
    • 2011Aggregate hours worked in OECD countries: New measurement and implications for business cycles199 cited
    • 2010How Has the Monetary Transmission Mechanism Evolved Over Time?195 cited
    • 2020Macroeconomic Policy in the Time of COVID-19193 cited
    • 2016Loan Supply Shocks and the Business Cycle185 cited
    • 2013Performance pay and changes in U.S. labor market dynamics182 cited