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Financial Frictions and the Volatility of Monetary Policy in a DSGE model
16 references·4 citing·37 second hop
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References

  • 1983Staggered prices in a utility-maximizing framework7,892 cited
  • 2005Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy5,868 cited
  • 2005INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY5,508 cited
  • 1999The Science of Monetary Policy: A New Keynesian Perspective4,927 cited
  • 2007Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach4,628 cited
  • 1998The Financial Accelerator in a Quantitative Business Cycle Framework4,624 cited
  • 2007The Impact of Uncertainty Shocks2,111 cited
  • n.d.Output Fluctuations in the United States: What Has Changed since the Early 1980's?1,867 cited
  • 2002Has the Business Cycle Changed and Why?1,515 cited
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  • 1999Has the U.S. Economy Become More Stable? A Bayesian Approach Based on a Markov-Switching Model of the Business Cycle1,174 cited
  • 2015Fiscal Volatility Shocks and Economic Activity942 cited
  • 2011Are Micro and Macro Labor Supply Elasticities Consistent? A Review of Evidence on the Intensive and Extensive Margins854 cited
  • 2008The Time-Varying Volatility of Macroeconomic Fluctuations844 cited
  • 1997Agency costs, net worth, and business fluctuations: A

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794 cited
  • 2011Risk Matters: The Real Effects of Volatility Shocks765 cited
  • Cited by

    • 2020Financial globalisation, monetary policy spillovers and macro-modelling: Tales from 1001 shocks12 cited
    • 2017Financial Globalisation, Monetary Policy Spillovers and Macro-modelling: Tales from 1001 Shocks9 cited
    • 2019Choice with Limited Capacity1 cited
    • 2021Wishful Thinking in Macroeconomic Expectations0 cited