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The Nonlinear Phillips Curve and Inflation Forecast Targeting: Symmetric Versus Asymmetric Monetary Policy Rules
16 references·16 citing·38 second hopsampled
The Nonlinear Phillips Curve and Inflation Forecast Targeting: Symmetric Versus Asymmetric Monetary Policy Rules (2004)The Nonlinear Phillips Curve and Inflatio…Inflation targeting: Should it be modeled as an instrument rule or a targeting rule? 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References

  • 1993Discretion versus policy rules in practice9,059 cited
  • 1999Monetary Policy Rules1,705 cited
  • 1997Inflation forecast targeting: Implementing and monitoring inflation targets1,666 cited
  • 1976The Valuation of Uncertain Income Streams and the Pricing of Options1,620 cited
  • 1999Inflation targeting: lessons from the international experience1,154 cited
  • 1995Optimal contracts for central bankers1,131 cited
  • 1967Uncertainty and the effectiveness of policy1,008 cited
  • 1997Reflections on the Natural Rate Hypothesis667 cited
  • 1997Monetary Policy Rules in Practice: Some International Evidence614 cited
  • 1995Optimal Inflation Targets, `Conservative' Central Banks, and Linear Inflation Contracts593 cited
  • 1996How the Bundesbank Conducts Monetary Policy457 cited
  • 1988How Does Macroeconomic Policy Affect Output?408 cited
  • 1997Inflation Forecast Targeting: Implementing and Monitoring Inflation Targets407 cited
  • 1997Optimal Inflation Targets, 'Conservative' Central Banks, and Linear Inflation Contracts281 cited
  • 1999Inflation Targeting: Some Extensions272 cited
  • 2002

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Inflation targeting: Should it be modeled as an instrument rule or a targeting rule?
260 cited

Cited by

  • 2014Monetary policy and heterogeneous inflation expectations in South Africa69 cited
  • 2015A closer look at the Phillips curve using state-level data68 cited
  • 1999Simple Monetary Policy Rules Under Model Uncertainty56 cited
  • 2013Inflation and Inflation Expectations in S outh A frica: an Attempt at Explanation55 cited
  • 1999Exact Utilities under Alternative Monetary Rules in a Simple Macro Model with Optimizing Agents48 cited
  • 2001An Evaluation of Alternative Monetary Policy Rules in a Model with Capacity Constraints42 cited
  • 2023Inflation expectations and nonlinearities in the Phillips curve34 cited
  • 2009What Makes the Output–Inflation Trade‐Off Change? The Absence of Accelerating Deflation in Japan34 cited
  • 2006Asymmetric Monetary Policy in Australia*34 cited
  • 2010Nonlinearity and structural stability in the Phillips curve: Evidence from Turkey32 cited
  • 2016Real interest rates: nonlinearity and structural breaks31 cited
  • 2011Moment-based estimation of smooth transition regression models with endogenous variables29 cited
  • 2011Forecasting monetary policy rules in South Africa28 cited
  • 2007Which nonlinearity in the Phillips curve? The absence of accelerating deflation in Japan22 cited
  • 2010ZONE‐TARGETING MONETARY POLICY PREFERENCES AND FINANCIAL MARKET CONDITIONS: A FLEXIBLE NON‐LINEAR POLICY REACTION FUNCTION OF THE SARB MONETARY POLICY21 cited
  • 2014The conduct of monetary policy in the Eurozone before and after the financial crisis20 cited