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Forward Guidance and Macroeconomic Outcomes since the Financial Crisis
16 references·16 citing·33 second hopsampled
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(2006)Can News About the Future Dri…Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy (2005)Nominal Rigidities and the Dy…The impact of monetary policy on asset prices (2004)The impact of monetary policy…Zero Bound on Interest Rates and Optimal Monetary Policy (2003)Zero Bound on Interest Rates …An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area (2003)An Estimated Dynamic Stochast…Monetary policy surprises and interest rates: Evidence from the Fed funds futures market (2001)Monetary policy surprises and…Monetary Policy Shocks: What Have We Learned and to What End? 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References

  • 2005Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy5,868 cited
  • 2007Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach4,628 cited
  • 2003An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area3,519 cited
  • 1989The federal funds rate and the channels of monetary transmission2,833 cited
  • 2012Credit Spreads and Business Cycle Fluctuations2,209 cited
  • 1988Production, growth and business cycles2,193 cited
  • 1998Monetary Policy Shocks: What Have We Learned and to What End?2,186 cited
  • 1986Investment, Capacity Utilization and the Real Business Cycle2,127 cited
  • 2001Monetary policy surprises and interest rates: Evidence from the Fed funds futures market2,054 cited
  • 2003Zero Bound on Interest Rates and Optimal Monetary Policy1,801 cited
  • 1998It's Baaack: Japan's Slump and the Return of the Liquidity Trap1,754 cited
  • 2015Monetary Policy Surprises, Credit Costs, and Economic Activity1,480 cited
  • 2012International Journal of Central Banking1,258 cited
  • 2011The Effects of Quantitative Easing on Interest Rates: Channels and Implications for Policy1,198 cited
  • 2004The impact of monetary policy on asset prices

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956 cited
  • 2006Can News About the Future Drive the Business Cycle?955 cited
  • Cited by

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    • 2018Accounting for Macro-Finance Trends: Market Power, Intangibles, and Risk Premia145 cited
    • 2020Central bank communication that works: Lessons from lab experiments133 cited
    • 2019Forward Guidance and Heterogeneous Beliefs123 cited
    • 2023A Fiscal Theory of Persistent Inflation116 cited
    • 2021Central bank communication and the yield curve111 cited
    • 2022Stock Market's Assessment of Monetary Policy Transmission: The Cash Flow Effect108 cited
    • 2018Resolving New Keynesian Anomalies with Wealth in the Utility Function104 cited
    • 2019A shadow rate New Keynesian model99 cited
    • 2020Structural scenario analysis with SVARs97 cited
    • 2020Monetary policy transmission in the United Kingdom: A high frequency identification approach95 cited
    • 2020Policy Language and Information Effects in the Early Days of Federal Reserve Forward Guidance93 cited
    • 2019Disagreement about inflation expectations and monetary policy transmission71 cited
    • 2016The Empirical Implications of the Interest-Rate Lower Bound64 cited
    • 2019The limits of forward guidance60 cited