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Simplicity versus optimality: The choice of monetary policy rules when agents must learn
16 references·6 citing·36 second hop
Simplicity versus optimality: The choice of monetary policy rules when agents must learn (2001)Simplicity versus optimality: The choice …Monetary Policy Rules (1999)Monetary Policy RulesPolicy Rules for Inflation Targeting (1998)Policy Rules for Inflation Ta…Interest-Rate Rules in an Estimated Sticky Price Model (1998)Interest-Rate Rules in an Est…The NAIRU, Unemployment and Monetary Policy (1997)The NAIRU, Unemployment and M…The (Un)Importance of Forward-Looking Behavior in Price Specifications (1997)The (Un)Importance of Forward…Is inflation sticky? (1997)Is inflation sticky?Staggered Prices in a Utility-Maximizing Framework (1996)Staggered Prices in a Utility…New Keynesian Economics and the Phillips Curve (1995)New Keynesian Economics and t…Inflation Persistence (1995)Inflation PersistenceBounded Rationality in Macroeconomics (1995)Bounded Rationality in Macroe…Discretion versus policy rules in practice (1993)Discretion versus policy rule…SIGNALLING IN A MODEL OF MONETARY POLICY WITH INCOMPLETE INFORMATION * (1986)SIGNALLING IN A MODEL OF MONE…Staggered prices in a utility-maximizing framework (1983)Staggered prices in a utility…Post-War U.S. Business Cycles: An Empirical Investigation (1981)Post-War U.S. Business Cycles…Aggregate Dynamics and Staggered Contracts (1980)Aggregate Dynamics and Stagge…Estimation and Control of a Macroeconomic Model with Rational Expectations (1979)Estimation and Control of a M…The monetary policy response to uncertain inflation persistence (2018)The monetary policy response …Learning and optimal monetary policy (2007)Learning and optimal monetary…Stabilizing Inflation in Iceland (2006)Stabilizing Inflation in Icel…Indeterminacy with Inflation-Forecast-Based Rules in a Two-Bloc Model (2004)Indeterminacy with Inflation-…Avoiding Nash inflation: Bayesian and robust responses to model uncertainty (2004)Avoiding Nash inflation: Baye…Inflation targeting with NAIRU uncertainty and endogenous policy credibility (2001)Inflation targeting with NAIR…Econometric policy evaluation: A critique (1976)Tests for Parameter Instability and Structural Change With Unknown Change Point (1993)Do Measures of Monetary Policy in a VAR Make Sense (1998)European inflation dynamics (2001)Measuring the Effects of Monetary Policy: A Factor-Augmented Vector Autoregressive (FAVAR) Approach* (2005)"Rational" Expectations, the Optimal Monetary Instrument, and the Optimal Money Supply Rule (1975)Inflation and Costs of Price Adjustment (1977)Behavioral Macroeconomics and Macroeconomic Behavior (2002)Employment Fluctuations with Equilibrium Wage Stickiness (2005)Unemployment Fluctuations with Staggered Nash Wage Bargaining (2009)Some International Evidence on Output-Inflation Tradeoffs. (1973)Sticky Prices in the United States (1982)The Great Crash, the Oil Price Shock, and the Unit Root Hypothesis (1989)Optimal Monetary Policy Inertia (1999)Prices and unit labor costs: a new test of price stickiness (2002)Oil and the Macroeconomy Since the 1970s (2004)The Role of Monetary Policy (1995)Chapter 1 Business cycle fluctuations in us macroeconomic time series (1999)Does the “New Economy” Measure up to the Great Inventions of the Past? (2000)Are Oil Shocks Inflationary?: Asymmetric and Nonlinear Specifications versus Changes in Regime (2002)American Economic Review (2019)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)Low inflation, pass-through, and the pricing power of firms (2000)Drifts and volatilities: monetary policies and outcomes in the post WWII US (2005)Monetary Policy and Exchange Rate Volatility in a Small Open Economy (2005)Agent-based computational finance: Suggested readings and early research (2000)Heterogeneous Agent Models in Economics and Finance (2005)Reconciling Efficient Markets with Behavioral Finance: The Adaptive Markets Hypothesis (2005)Time to Build and Aggregate Fluctuations (1982)Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy (2005)Are Technology Improvements Contractionary? (2006)Bayesian estimation of an open economy DSGE model with incomplete pass-through (2007)Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory* (2000)
this work references cited by second hop

References

  • 1993Discretion versus policy rules in practice9,059 cited
  • 1983Staggered prices in a utility-maximizing framework7,892 cited
  • 1996Staggered Prices in a Utility-Maximizing Framework4,369 cited
  • 1980Aggregate Dynamics and Staggered Contracts2,464 cited
  • 1999Monetary Policy Rules1,705 cited
  • 1995Inflation Persistence1,007 cited
  • 1995New Keynesian Economics and the Phillips Curve896 cited
  • 1995Bounded Rationality in Macroeconomics895 cited
  • 1997The NAIRU, Unemployment and Monetary Policy666 cited
  • 1998Policy Rules for Inflation Targeting656 cited
  • 1981Post-War U.S. Business Cycles: An Empirical Investigation636 cited
  • 1979Estimation and Control of a Macroeconomic Model with Rational Expectations628 cited
  • 1998Interest-Rate Rules in an Estimated Sticky Price Model562 cited
  • 1986SIGNALLING IN A MODEL OF MONETARY POLICY WITH INCOMPLETE INFORMATION *551 cited
  • 1997The (Un)Importance of Forward-Looking Behavior in Price Specifications528 cited
  • 1997Is inflation sticky?487 cited

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Cited by

  • 2001Inflation targeting with NAIRU uncertainty and endogenous policy credibility44 cited
  • 2004Avoiding Nash inflation: Bayesian and robust responses to model uncertainty38 cited
  • 2007Learning and optimal monetary policy21 cited
  • 2006Stabilizing Inflation in Iceland13 cited
  • 2018The monetary policy response to uncertain inflation persistence11 cited
  • 2004Indeterminacy with Inflation-Forecast-Based Rules in a Two-Bloc Model11 cited