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The Taylor Rule: A Useful Monetary Policy Benchmark for the Euro Area?
14 references·16 citing·39 second hop
The Taylor Rule: A Useful Monetary Policy Benchmark for the Euro Area? (1999)The Taylor Rule: A Useful Monetary Policy…Output gap uncertainty: Does it matter for the Taylor rule? (2002)Output gap uncertainty: Does …The robustness and efficiency of monetary policy rules as guidelines for interest rate setting by the European central bank (1999)The robustness and efficiency…Inflation targeting as a monetary policy rule (1999)Inflation targeting as a mone…Robustness of Simple Monetary Policy Rules under Model Uncertainty (1998)Robustness of Simple Monetary…Performance of Operational Policy Rules in an Estimated Semi-Classical Structural Model (1998)Performance of Operational Po…Monetary policy rules in practice (1998)Monetary policy rules in prac…Inflation forecast targeting: Implementing and monitoring inflation targets (1997)Inflation forecast targeting:…How Precise are Estimates of the Natural Rate of Unemployment? (1996)How Precise are Estimates of …The Economics of Monetary Integration. (1994)The Economics of Monetary Int…Estimating Potential Output as a Latent Variable (1994)Estimating Potential Output a…Discretion versus policy rules in practice (1993)Discretion versus policy rule…A comparison of some basic monetary policy regimes for open economies: implications of different degrees of instrument adjustment and wage persistence (1993)A comparison of some basic mo…Analysis and control of dynamic economic systems (1975)Analysis and control of dynam…Uncertainty and the effectiveness of policy (1967)Uncertainty and the effective…Model-Based Inflation Forecasts and Monetary Policy Rules (2010)Model-Based Inflation Forecas…Housing wealth, financial wealth, money demand and policy rule: Evidence from the euro area (2009)Housing wealth, financial wea…Monetary Policy in a Monetary Union: What Role for Regional Information? (2008)Monetary Policy in a Monetary…A time-varying “natural” rate of interest for the euro area (2007)A time-varying “natural” rate…Monetary Policy Inertia: Fact or Fiction? (2005)Monetary Policy Inertia: Fact…The Transmission of Monetary Policy in the Euro Area: Are the Effects Different Across Countries?* (2004)The Transmission of Monetary …Interest Rate Setting by the ECB, 1999-2006: Words and Deeds (2004)Interest Rate Setting by the …The monetary transmission mechanism in the euro area: evidence from VAR analysis (2003)The monetary transmission mec…The Italian banking system and monetary policy transmission: evidence from bank-level data (2003)The Italian banking system an…Some stylised facts on the euro area business cycle (2003)Some stylised facts on the eu…Financial systems and the role of banks in monetary policy transmission in the euro area (2003)Financial systems and the rol…A VAR description of the effects of monetary policy in the individual countries of the euro area (2003)A VAR description of the effe…Do asymmetries matter for European monetary policy? (2002)Do asymmetries matter for Eur…Asymmetric bank lending channels and ECB monetary policy (2002)Asymmetric bank lending chann…Monetary policy implementation and transmission in the European Monetary Union (2001)Monetary policy implementatio…Inflation zone targeting (2000)Inflation zone targetingOn the Theory of Economic Policy (1952)Economic Forecasts and Policy (1962)Central Banking in Theory and Practice (1998)Monetary policy and asset prices (2002)Fiscal Policy in a Depressed Economy (2012)Aggregate Dynamics and Staggered Contracts (1980)Consumption, Income, and Interest Rates: Reinterpreting the Time Series Evidence (1989)Staggered Prices in a Utility-Maximizing Framework (1996)Is the Fed Too Timid? Monetary Policy in an Uncertain World (2001)Historical monetary policy analysis and the Taylor rule (2003)House prices, consumption, and monetary policy: a financial accelerator approach (2004)Econometric policy evaluation: A critique (1976)A New Approach to the Economic Analysis of Nonstationary Time Series and the Business Cycle (1989)Forecasting, Structural Time Series Models and the Kalman Filter (1990)The robustness of Okun's law: Evidence from OECD countries (2000)Whither Monetary and Financial Stability? The Implications of Evolving Policy Regimes (2007)Rules, discretion and reputation in a model of monetary policy (1983)The Science of Monetary Policy: A New Keynesian Perspective (1999)Estimation and Inference of Impulse Responses by Local Projections (2005)Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach (2007)Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory* (2000)Monetary Policy Rules, Macroeconomic Stability, and Inflation: A View from the Trenches (2004)Estimating New-Keynesian Phillips curves: A full information maximum likelihood approach (2005)Determinacy and Identification with Taylor Rules (2011)Inside the Black Box: The Credit Channel of Monetary Policy Transmission (1995)Optimal Monetary Policy Inertia (1999)Monetary Policy and Asset Price Volatility (2000)Term structure evidence on interest rate smoothing and monetary policy inertia (2002)A Positive Theory of Monetary Policy in a Natural Rate Model (1983)The Optimal Degree of Commitment to an Intermediate Monetary Target (1985)Open-Economy Inflation Targeting (2000)Monetary Policy Rules Based on Real-Time Data (2001)Dynamic optimal taxation, rational expectations and optimal control (1980)Effect Analysis and Causation in Linear Structural Equation Models (1990)Production, Growth and Business Cycles: Technical Appendix (2002)The ‘New’ Theory of Optimum Currency Areas (1993)An Analysis of the Stability and Growth Pact (1999)The Political Basis of Support for European Integration (2000)An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area (2003)
this work references cited by second hop

References

  • 1993Discretion versus policy rules in practice9,059 cited
  • 1998Monetary policy rules in practice2,206 cited
  • 1997Inflation forecast targeting: Implementing and monitoring inflation targets1,666 cited
  • 1999Inflation targeting as a monetary policy rule1,166 cited
  • 1967Uncertainty and the effectiveness of policy1,008 cited
  • 1975Analysis and control of dynamic economic systems792 cited
  • 1999The robustness and efficiency of monetary policy rules as guidelines for interest rate setting by the European central bank542 cited
  • 1994The Economics of Monetary Integration.487 cited
  • 1994Estimating Potential Output as a Latent Variable452 cited
  • 1998Performance of Operational Policy Rules in an Estimated Semi-Classical Structural Model440 cited
  • 1996How Precise are Estimates of the Natural Rate of Unemployment?427 cited
  • 1998Robustness of Simple Monetary Policy Rules under Model Uncertainty321 cited
  • 2002Output gap uncertainty: Does it matter for the Taylor rule?255 cited
  • 1993A comparison of some basic monetary policy regimes for open economies: implications of different degrees of instrument adjustment and wage persistence213 cited

Cited by

  • 2000

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Inflation zone targeting
195 cited
  • 2005Monetary Policy Inertia: Fact or Fiction?186 cited
  • 2008Monetary Policy in a Monetary Union: What Role for Regional Information?174 cited
  • 2001Monetary policy implementation and transmission in the European Monetary Union171 cited
  • 2003Financial systems and the role of banks in monetary policy transmission in the euro area169 cited
  • 2003The monetary transmission mechanism in the euro area: evidence from VAR analysis153 cited
  • 2004Interest Rate Setting by the ECB, 1999-2006: Words and Deeds146 cited
  • 2003Some stylised facts on the euro area business cycle138 cited
  • 2002Asymmetric bank lending channels and ECB monetary policy132 cited
  • 2007A time-varying “natural” rate of interest for the euro area131 cited
  • 2010Model-Based Inflation Forecasts and Monetary Policy Rules131 cited
  • 2004The Transmission of Monetary Policy in the Euro Area: Are the Effects Different Across Countries?*125 cited
  • 2003The Italian banking system and monetary policy transmission: evidence from bank-level data121 cited
  • 2009Housing wealth, financial wealth, money demand and policy rule: Evidence from the euro area117 cited
  • 2003A VAR description of the effects of monetary policy in the individual countries of the euro area106 cited
  • 2002Do asymmetries matter for European monetary policy?100 cited