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Backward-Looking Interest-Rate Rules, Interest-Rate Smoothing, and Macroeconomic Instability
16 references·1 citing·43 second hop
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this work references cited by second hop

References

  • 1993Discretion versus policy rules in practice9,059 cited
  • 1993A Simple Estimator of Cointegrating Vectors in Higher Order Integrated Systems5,042 cited
  • 1999The Science of Monetary Policy: A New Keynesian Perspective4,927 cited
  • 1991Equilibria under ‘active’ and ‘passive’ monetary and fiscal policies2,069 cited
  • 1982Sticky Prices in the United States1,917 cited
  • 1997Returns to Scale in U.S. Production: Estimates and Implications1,366 cited
  • 1996Nominal price rigidity, money supply endogeneity, and business cycles1,232 cited
  • 1961A Program for Monetary Stability1,164 cited
  • 2002Prices and unit labor costs: a new test of price stickiness808 cited
  • 2001The Perils of Taylor Rules724 cited
  • 1986Functional equivalence between liquidity costs and the utility of money616 cited
  • 1998Interest-Rate Rules in an Estimated Sticky Price Model562 cited
  • 1999The robustness and efficiency of monetary policy rules as guidelines for interest rate setting by the European central bank542 cited
  • 2001Monetary Policy and Multiple Equilibria532 cited
  • 1997Inflation Forecasts and Monetary Policy437 cited

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1997
Inflation Forecasts and Monetary Policy
413 cited

Cited by

  • 2010Interest Rate Smoothing and Macroeconomic Instability under Post—Capital Account Liberalization Turkey10 cited