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The Deflation Bias and Committing to Being Irresponsible
16 references·16 citing·35 second hopsampled
The Deflation Bias and Committing to Being Irresponsible (2006)The Deflation Bias and Committing to Bein…A Monetary History of the United States, 1867-1960 (2017)A Monetary History of the Uni…Zombie Lending and Depressed Restructuring in Japan (2008)Zombie Lending and Depressed …INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY (2005)INTEREST AND PRICES: FOUNDATI…It's Baaack: Japan's Slump and the Return of the Liquidity Trap (1998)It's Baaack: Japan's Slump an…An Optimization-Based Econometric Framework for the Evaluation of Monetary Policy (1997)An Optimization-Based Econome…Staggered Prices in a Utility-Maximizing Framework (1996)Staggered Prices in a Utility…Equilibria under ‘active’ and ‘passive’ monetary and fiscal policies (1991)Equilibria under ‘active’ and…Some Unpleasant Monetarist Arithmetic (1984)Some Unpleasant Monetarist Ar…Optimal fiscal and monetary policy in an economy without capital (1983)Optimal fiscal and monetary p…Sticky Prices in the United States (1982)Sticky Prices in the United S…A Positive Theory of Monetary Policy in a Natural-Rate Model (1981)A Positive Theory of Monetary…On the Determination of the Public Debt (1979)On the Determination of the P…Rules Rather than Discretion: The Inconsistency of Optimal Plans (1977)Rules Rather than Discretion:…The Optimum Quantity of Money: and Other Essays (1971)The Optimum Quantity of Money…The General Theory of Employment, Interest and Money. (1936)The General Theory of Employm…The General Theory of Employment, Interest and Money, by John Maynard Keynes (1936)The General Theory of Employm…Hysteresis and Business Cycles (2023)Hysteresis and Business CyclesOutput hysteresis and optimal monetary policy (2020)Output hysteresis and optimal…A survey of empirical findings on unconventional central bank policies (2020)A survey of empirical finding…Conservatism and liquidity traps (2018)Conservatism and liquidity tr…Uncertainty at the Zero Lower Bound (2017)Uncertainty at the Zero Lower…The Effect of Unconventional Fiscal Policy on Consumption Expenditure (2016)The Effect of Unconventional …Time Consistency and the Duration of Government Debt: A Signalling Theory of Quantitative Easing (2015)Time Consistency and the Dura…Was the New Deal Contractionary? (2012)Was the New Deal Contractiona…Real effects of quantitative easing at the zero lower bound: Structural VAR-based evidence from Japan (2012)Real effects of quantitative …International Channels of the Fed’s Unconventional Monetary Policy (2012)International Channels of the…Imperfect credibility and the zero lower bound (2012)Imperfect credibility and the…Deficits, Public Debt Dynamics and Tax and Spending Multipliers (2012)Deficits, Public Debt Dynamic…Optimal Inflation for the US Economy (2011)Optimal Inflation for the US …Quantifying and sustaining welfare gains from monetary commitment (2008)Quantifying and sustaining we…Optimal Monetary Policy Under Commitment with a Zero Bound on Nominal Interest Rates (2006)Optimal Monetary Policy Under…Deflation and Monetary Policy in a Historical Perspective: Remembering the Past or Being Condemned to Repeat It? (2004)Deflation and Monetary Policy…Econometric policy evaluation: A critique (1976)Monetary policy and price level determinacy in a cash-in-advance economy (1994)The Role of Monetary Policy (1995)Monetary Policy and Multiple Equilibria (2001)Monetary Policy as Financial Stability Regulation (2012)Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence (1978)Unanticipated Money, Output, and the Price Level in the United States (1978)Optimal Taxation of Capital Income in General Equilibrium with Infinite Lives (1986)Elections and Macroeconomic Policy Cycles (1988)The federal funds rate and the channels of monetary transmission (1989)Zero Bound on Interest Rates and Optimal Monetary Policy (2003)Some Evidence on the Importance of Sticky Prices (2004)Understanding the Effects of Government Spending on Consumption (2007)Rules, discretion and reputation in a model of monetary policy (1983)Monetary Policy and Exchange Rate Volatility in a Small Open Economy (2005)Time Varying Structural Vector Autoregressions and Monetary Policy (2005)Housing Market Spillovers: Evidence from an Estimated DSGE Model (2010)Rational Expectations and the Theory of Price Movements (1961)Rational Expectations, the Real Rate of Interest, and the Natural Rate of Unemployment (1973)Decision Making in Political Systems: Veto Players in Presidentialism, Parliamentarism, Multicameralism and Multipartyism (1995)Veto Players. How Political Institutions Work (2003)Some International Evidence on Output-Inflation Tradeoffs. (1973)"Rational" Expectations, the Optimal Monetary Instrument, and the Optimal Money Supply Rule (1975)The Optimal Degree of Commitment to an Intermediate Monetary Target (1985)The Science of Monetary Policy: A New Keynesian Perspective (1999)A Monetary History of the United States 1867-1960 (1964)Bank Runs, Deposit Insurance, and Liquidity (1983)Trends and random walks in macroeconomic time series (1988)Inside the Black Box: The Credit Channel of Monetary Policy Transmission (1995)Does the Stock Market Overreact? (1985)Noise Trader Risk in Financial Markets (1990)Postwar U.S. Business Cycles: An Empirical Investigation (1997)Introduction: epistemic communities and international policy coordination (1992)Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory* (2000)Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy (2005)
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References

  • 1936The General Theory of Employment, Interest and Money.14,486 cited
  • 1977Rules Rather than Discretion: The Inconsistency of Optimal Plans7,896 cited
  • 1936The General Theory of Employment, Interest and Money, by John Maynard Keynes6,220 cited
  • 2005INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY5,508 cited
  • 1996Staggered Prices in a Utility-Maximizing Framework4,369 cited
  • 1979On the Determination of the Public Debt3,308 cited
  • 2017A Monetary History of the United States, 1867-19602,467 cited
  • 1981A Positive Theory of Monetary Policy in a Natural-Rate Model2,177 cited
  • 1997An Optimization-Based Econometric Framework for the Evaluation of Monetary Policy2,077 cited
  • 1991Equilibria under ‘active’ and ‘passive’ monetary and fiscal policies2,069 cited
  • 1982Sticky Prices in the United States1,917 cited
  • 1983Optimal fiscal and monetary policy in an economy without capital1,877 cited
  • 1998It's Baaack: Japan's Slump and the Return of the Liquidity Trap1,754 cited
  • 2008Zombie Lending and Depressed Restructuring in Japan1,552 cited
  • 1984Some Unpleasant Monetarist Arithmetic1,486 cited

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  • 1971The Optimum Quantity of Money: and Other Essays1,208 cited
  • Cited by

    • 2012Was the New Deal Contractionary?153 cited
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    • 2012Real effects of quantitative easing at the zero lower bound: Structural VAR-based evidence from Japan125 cited
    • 2023Hysteresis and Business Cycles124 cited
    • 2015Time Consistency and the Duration of Government Debt: A Signalling Theory of Quantitative Easing102 cited
    • 2004Deflation and Monetary Policy in a Historical Perspective: Remembering the Past or Being Condemned to Repeat It?99 cited
    • 2011Optimal Inflation for the US Economy95 cited
    • 2017Uncertainty at the Zero Lower Bound87 cited
    • 2012Imperfect credibility and the zero lower bound87 cited
    • 2020Output hysteresis and optimal monetary policy85 cited
    • 2016The Effect of Unconventional Fiscal Policy on Consumption Expenditure73 cited
    • 2020A survey of empirical findings on unconventional central bank policies72 cited
    • 2012International Channels of the Fed’s Unconventional Monetary Policy70 cited
    • 2008Quantifying and sustaining welfare gains from monetary commitment68 cited
    • 2012Deficits, Public Debt Dynamics and Tax and Spending Multipliers68 cited
    • 2018Conservatism and liquidity traps66 cited