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Semiparametric Estimates of Monetary Policy Effects: String Theory Revisited
16 references·13 citing·33 second hop
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References

  • 1969Investigating Causal Relations by Econometric Models and Cross-spectral Methods22,971 cited
  • 1937The General Theory of Employment5,168 cited
  • 2010Investigating Causal Relations by Econometric Models and Cross-Spectral Methods4,760 cited
  • 2000Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory*4,631 cited
  • 2005Estimation and Inference of Impulse Responses by Local Projections4,629 cited
  • 1979Martingales and arbitrage in multiperiod securities markets3,595 cited
  • 1994Automatic Lag Selection in Covariance Matrix Estimation3,242 cited
  • 1972MONEY, INCOME, AND CAUSALITY3,013 cited
  • 1998Monetary Policy Shocks: What Have We Learned and to What End?2,186 cited
  • 2001Monetary policy surprises and interest rates: Evidence from the Fed funds futures market2,054 cited
  • 1998Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory1,166 cited
  • 2005The Sensitivity of Long-Term Interest Rates to Economic News: Evidence and Implications for Macroeconomic Models1,004 cited
  • 2001The Taylor Rule and Optimal Monetary Policy787 cited
  • 1989Does Monetary Policy Matter? A New Test in the Spirit of Friedman and Schwartz744 cited
  • 2010Labor Markets and Monetary Policy: A New Keynesian Model with Unemployment

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699 cited
  • 2005Bond Yields and the Federal Reserve557 cited
  • Cited by

    • 2014The Great Mortgaging: Housing Finance, Crises, and Business Cycles104 cited
    • 2017Impulse Response Estimation by Smooth Local Projections78 cited
    • 2018Identification and Estimation of Dynamic Causal Effects in Macroeconomics Using External Instruments78 cited
    • 2018Pushing on a String: State-Owned Enterprises and Monetary Policy Transmission in China73 cited
    • 2015Does conditionality in IMF-supported programs promote revenue reform?72 cited
    • 2014Capital Controls and Macroprudential Measures: What Are They Good For?65 cited
    • 2015Pick Your Poison: The Choices and Consequences of Policy Responses to Crises59 cited
    • 2017Identification in Macroeconomics46 cited
    • 2019The spillover effects of U . S . monetary policy on emerging market economies43 cited
    • 2017Transmission of Monetary Policy in Times of High Household Debt35 cited
    • 2016Effective sterilized foreign exchange intervention? : evidence from a rule-based policy20 cited
    • 2014Asymmetric Inflation Expectations, Downward Rigidity of Wages, and Asymmetric Business Cycles17 cited
    • 2015Measuring the Non-Linear Effects of Monetary Policy16 cited