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Forward-Looking Behavior and the Optimality of the Taylor Rule
16 references·3 citing·32 second hop
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References

  • 1993Discretion versus policy rules in practice9,059 cited
  • 1997Postwar U.S. Business Cycles: An Empirical Investigation7,358 cited
  • 1976Econometric policy evaluation: A critique6,104 cited
  • 1999The Science of Monetary Policy: A New Keynesian Perspective4,927 cited
  • 2000Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory*4,631 cited
  • 1999Inflation dynamics: A structural econometric analysis3,088 cited
  • 1980Aggregate Dynamics and Staggered Contracts2,464 cited
  • 1997An Optimization-Based Econometric Framework for the Evaluation of Monetary Policy2,077 cited
  • 1997Inflation forecast targeting: Implementing and monitoring inflation targets1,666 cited
  • 2000Open-Economy Inflation Targeting1,428 cited
  • 2000Habit Formation in Consumption and Its Implications for Monetary-Policy Models1,148 cited
  • 1995Inflation Persistence1,007 cited
  • 1999Optimal Monetary Policy Inertia998 cited
  • 1998Central Banking in Theory and Practice984 cited
  • 1995New Keynesian Economics and the Phillips Curve896 cited
  • 1998An Historical Analysis of Monetary Policy Rules

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665 cited

Cited by

  • 2002Assessing the Lucas Critique in Monetary Policy Models17 cited
  • 2002Optimal Reaction Functions, Taylor's Rule and Inflation Targets: The Experiences of Dollar Bloc Countries16 cited
  • 2004Central Bank Behavior, the Institutional Framework, and Policy Regimes: Inflation Versus Noninflation Targeting Countries15 cited