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Optimal Monetary Policy with Collateralized Household Debt and Borrowing Constraints
16 references·16 citing·38 second hopsampled
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(2002)Has the Business Cycle Change…The Science of Monetary Policy: A New Keynesian Perspective (1999)The Science of Monetary Polic…The Financial Accelerator in a Quantitative Business Cycle Framework (1998)The Financial Accelerator in …Income and Wealth Heterogeneity in the Macroeconomy (1998)Income and Wealth Heterogenei…Credit Cycles (1997)Credit CyclesTechnology, Employment, and the Business Cycle: Do Technology Shocks Explain Aggregate Fluctuations (1996)Technology, Employment, and t…Consumption, Income, and Interest Rates: Reinterpreting the Time Series Evidence (1989)Consumption, Income, and Inte…Agency Costs, Net Worth, And Business Fluctuations (1988)Agency Costs, Net Worth, And …Optimal fiscal and monetary policy in an economy without capital (1983)Optimal fiscal and monetary p…The design of tax structure: Direct versus indirect taxation (1976)The design of tax structure: …A Contribution to the Theory of Taxation (1927)A Contribution to the Theory …Optimal exchange-rate policy under collateral constraints and wage rigidity (2021)Optimal exchange-rate policy …Do Credit Conditions Move House Prices? 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References

  • 2005INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY5,508 cited
  • 1997Credit Cycles5,254 cited
  • 1999The Science of Monetary Policy: A New Keynesian Perspective4,927 cited
  • 1998The Financial Accelerator in a Quantitative Business Cycle Framework4,624 cited
  • 1988Agency Costs, Net Worth, And Business Fluctuations4,382 cited
  • 1927A Contribution to the Theory of Taxation2,918 cited
  • 2004Interest and Prices2,583 cited
  • 2005House Prices, Borrowing Constraints, and Monetary Policy in the Business Cycle2,485 cited
  • 1998Income and Wealth Heterogeneity in the Macroeconomy2,299 cited
  • 2007Understanding the Effects of Government Spending on Consumption1,923 cited
  • 1983Optimal fiscal and monetary policy in an economy without capital1,877 cited
  • 1989Consumption, Income, and Interest Rates: Reinterpreting the Time Series Evidence1,820 cited
  • 1996Technology, Employment, and the Business Cycle: Do Technology Shocks Explain Aggregate Fluctuations1,731 cited
  • 1976The design of tax structure: Direct versus indirect taxation1,725 cited
  • 2004Some Evidence on the Importance of Sticky Prices1,579 cited

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  • 2002Has the Business Cycle Changed and Why?1,515 cited
  • Cited by

    • 2014Macroprudential and monetary policies: Implications for financial stability and welfare224 cited
    • 2021Do Credit Conditions Move House Prices?102 cited
    • 2016The new financial regulation in Basel III and monetary policy: A macroprudential approach91 cited
    • 2012Monetary and Macroprudential Policies90 cited
    • 2021Optimal exchange-rate policy under collateral constraints and wage rigidity79 cited
    • 2007Macroeconomic Modeling for Monetary Policy Evaluation66 cited
    • 2009Housing Market Heterogeneity in a Monetary Union59 cited
    • 2013Banking Competition, Collateral Constraints, and Optimal Monetary Policy55 cited
    • 2013Housing-market heterogeneity in a monetary union49 cited
    • 2005Credit Frictions, Housing Prices and Optimal Monetary Policy Rules48 cited
    • 2013Do Central Banks React to House Prices?45 cited
    • 2015Macroprudential and Monetary Policy Rules: a Welfare Analysis36 cited
    • 2011Leaning Against Boom-Bust Cycles in Credit and Housing Prices36 cited
    • 2016Coordinating macroprudential policies within the Euro area: The case of Spain34 cited
    • 2007Macroeconomic Modeling for Monetary Policy Evaluation24 cited
    • 2009The New-Keynesian Approach to Monetary Policy Analysis: Lessons and New Directions20 cited