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What Do New Keynesian Phillips Curves Imply for Price Level Targeting?
13 references·16 citing·40 second hop
What Do New Keynesian Phillips Curves Imply for Price Level Targeting? (1999)What Do New Keynesian Phillips Curves Imp…The Science of Monetary Policy: A New Keynesian Perspective (1999)The Science of Monetary Polic…Simple Rules for Monetary Policy (1999)Simple Rules for Monetary Pol…Optimal Monetary Policy Inertia (1999)Optimal Monetary Policy Inert…Monetary Policy Evaluation with Noisy Information (1999)Monetary Policy Evaluation wi…On Policy Rules for Price Stability (1998)On Policy Rules for Price Sta…Staggered Prices in a Utility-Maximizing Framework (1996)Staggered Prices in a Utility…Price Level Targeting vs. Inflation Targeting: A Free Lunch? (1996)Price Level Targeting vs. Inf…New Keynesian Economics and the Phillips Curve (1995)New Keynesian Economics and t…The post-war U.S. phillips curve: a revisionist econometric history (1994)The post-war U.S. phillips cu…Sticky Prices in the United States (1982)Sticky Prices in the United S…Aggregate Dynamics and Staggered Contracts (1980)Aggregate Dynamics and Stagge…Rules Rather than Discretion: The Inconsistency of Optimal Plans (1977)Rules Rather than Discretion:…Long-Term Contracts, Rational Expectations, and the Optimal Money Supply Rule (1977)Long-Term Contracts, Rational…Price-Level Targeting and Stabilization Policy: A Review (2021)Price-Level Targeting and Sta…Rethinking monetary policy after the crisis (2017)Rethinking monetary policy af…Optimal interest-rate rules and inflation stabilization versus price-level stabilization (2014)Optimal interest-rate rules a…Stabilization Policies (2011)Stabilization PoliciesOptimal Interest-Rate Rules in a Forward-Looking Model, and Inflation Stabilization versus Price-Level Stabilization (2010)Optimal Interest-Rate Rules i…PRICE‐LEVEL TARGETING AND STABILISATION POLICY: A SURVEY (2009)PRICE‐LEVEL TARGETING AND STA…Beyond Inflation Targeting: Should Central Banks Target the Price Level? (2009)Beyond Inflation Targeting: S…Bank of Canada Liquidity Actions in Response to the Financial Market Turmoil (2009)Bank of Canada Liquidity Acti…Monetary Policy Strategy: How Did We Get Here? (2006)Monetary Policy Strategy: How…The credibility of the monetary policy “free lunch” (2005)The credibility of the moneta…Inflation, Price Level and Hybrid Rules under Inflation Uncertainty (2005)Inflation, Price Level and Hy…Two Decades of Japanese Monetary Policy and the Deflation Problem (2004)Two Decades of Japanese Monet…Speed Limit Policies: The Output Gap and Optimal Monetary Policy (2001)Speed Limit Policies: The Out…Forward-Looking Behavior and the Optimality of the Taylor Rule (2001)Forward-Looking Behavior and …ISSUES IN INFLATION TARGETING (2000)ISSUES IN INFLATION TARGETINGPrice-Level Uncertainty and Inflation Targeting (1999)Price-Level Uncertainty and I…"Rational" Expectations, the Optimal Monetary Instrument, and the Optimal Money Supply Rule (1975)Econometric policy evaluation: A critique (1976)Alternative Explanations of the Money-Income Correlation (1986)Hysteresis and the European Unemployment Problem (1986)Macroeconomic Policy in a Two-Party System as a Repeated Game (1987)The Role of Monetary Policy (1995)Some International Evidence on Output-Inflation Tradeoffs. (1973)The Great Crash, the Oil Price Shock, and the Unit Root Hypothesis (1989)Prices and unit labor costs: a new test of price stickiness (2002)Oil and the Macroeconomy Since the 1970s (2004)The Relation Between Unemployment and the Rate of Change of Money Wage Rates in the United Kingdom, 1861–1957 1 (1958)Investigating Causal Relations by Econometric Models and Cross-spectral Methods (1969)Monetary Policy in the Euro Area (2001)Foundations of the Goldilocks Economy: Supply Shocks and the Time-Varying NAIRU (2003)Why Inflation Rose and Fell: Policy-Makers' Beliefs and U. S. Postwar Stabilization Policy* (2006)Time Series Analysis Forecasting and Control. (1971)Time Series Analysis: Forecasting and Control (1977)An Optimization-Based Econometric Framework for the Evaluation of Monetary Policy (1997)Monetary Theory and Policy (1999)Monetary Policy According to HANK (2018)The Optimal Degree of Commitment to an Intermediate Monetary Target (1985)Discretion versus policy rules in practice (1993)One Money, One Market: Estimating the Effect of Common Currencies on Trade (1999)Learning about monetary policy rules (2002)An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area (2010)Rational Expectations and the Theory of Price Movements (1961)Rational Expectations, the Real Rate of Interest, and the Natural Rate of Unemployment (1973)Equilibria under ‘active’ and ‘passive’ monetary and fiscal policies (1991)Decision Making in Political Systems: Veto Players in Presidentialism, Parliamentarism, Multicameralism and Multipartyism (1995)Veto Players. 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this work references cited by second hop

References

  • 1977Rules Rather than Discretion: The Inconsistency of Optimal Plans7,896 cited
  • 1996Staggered Prices in a Utility-Maximizing Framework4,369 cited
  • 1980Aggregate Dynamics and Staggered Contracts2,464 cited
  • 1977Long-Term Contracts, Rational Expectations, and the Optimal Money Supply Rule1,946 cited
  • 1982Sticky Prices in the United States1,917 cited
  • 1999Optimal Monetary Policy Inertia998 cited
  • 1995New Keynesian Economics and the Phillips Curve896 cited
  • 1994The post-war U.S. phillips curve: a revisionist econometric history335 cited
  • 1999The Science of Monetary Policy: A New Keynesian Perspective299 cited
  • 1996Price Level Targeting vs. Inflation Targeting: A Free Lunch?285 cited
  • 1999Simple Rules for Monetary Policy219 cited
  • 1999Monetary Policy Evaluation with Noisy Information183 cited
  • 1998On Policy Rules for Price Stability87 cited

Cited by

  • 2004Two Decades of Japanese Monetary Policy and the Deflation Problem79 cited
  • 2010Optimal Interest-Rate Rules in a Forward-Looking Model, and Inflation Stabilization versus Price-Level Stabilization66 cited

Only edges whose both ends are imported exist here. Widen the year window, or show the whole map. Back to the work

  • 2001Speed Limit Policies: The Output Gap and Optimal Monetary Policy63 cited
  • 2014Optimal interest-rate rules and inflation stabilization versus price-level stabilization61 cited
  • 2006Monetary Policy Strategy: How Did We Get Here?60 cited
  • 1999Price-Level Uncertainty and Inflation Targeting52 cited
  • 2009PRICE‐LEVEL TARGETING AND STABILISATION POLICY: A SURVEY50 cited
  • 2017Rethinking monetary policy after the crisis50 cited
  • 2000ISSUES IN INFLATION TARGETING47 cited
  • 2011Stabilization Policies45 cited
  • 2021Price-Level Targeting and Stabilization Policy: A Review40 cited
  • 2009Beyond Inflation Targeting: Should Central Banks Target the Price Level?30 cited
  • 2009Bank of Canada Liquidity Actions in Response to the Financial Market Turmoil25 cited
  • 2005The credibility of the monetary policy “free lunch”23 cited
  • 2001Forward-Looking Behavior and the Optimality of the Taylor Rule21 cited
  • 2005Inflation, Price Level and Hybrid Rules under Inflation Uncertainty18 cited