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A shadow rate New Keynesian model
16 references·15 citing·35 second hop
A shadow rate New Keynesian model (2019)A shadow rate New Keynesian modelMeasuring the Macroeconomic Impact of Monetary Policy at the Zero Lower Bound (2016)Measuring the Macroeconomic I…Monetary Policy Surprises, Credit Costs, and Economic Activity (2015)Monetary Policy Surprises, Cr…The Financial Market Effects of the Federal Reserve's Large-Scale Asset Purchases (2012)The Financial Market Effects …The Aggregate Demand for Treasury Debt (2012)The Aggregate Demand for Trea…Credit Spreads and Business Cycle Fluctuations (2012)Credit Spreads and Business C…When Is the Government Spending Multiplier Large? (2011)When Is the Government Spendi…The Effects of Quantitative Easing on Interest Rates: Channels and Implications for Policy (2011)The Effects of Quantitative E…The Effectiveness of Alternative Monetary Policy Tools in a Zero Lower Bound Environment (2011)The Effectiveness of Alternat…A model of unconventional monetary policy (2010)A model of unconventional mon…Monetary Policy, Inflation, and the Business Cycle: An Introduction to the New Keynesian Framework (2009)Monetary Policy, Inflation, a…Monetary policy, inflation, and the business cycle : an introduction to the new Keynesian framework (2008)Monetary policy, inflation, a…Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach (2007)Shocks and Frictions in US Bu…House Prices, Borrowing Constraints, and Monetary Policy in the Business Cycle (2005)House Prices, Borrowing Const…Chapter 21 The financial accelerator in a quantitative business cycle framework (1999)Chapter 21 The financial acce…The Financial Accelerator in a Quantitative Business Cycle Framework (1998)The Financial Accelerator in …Discretion versus policy rules in practice (1993)Discretion versus policy rule…The macroeconomic effects of unconventional monetary policy: Comparing euro area and US models with shadow rates (2023)The macroeconomic effects of …Financial effects of QE and conventional monetary policy compared (2022)Financial effects of QE and c…Does fiscal policy matter for stock-bond return correlation? 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References

  • 1993Discretion versus policy rules in practice9,059 cited
  • 2007Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach4,628 cited
  • 1998The Financial Accelerator in a Quantitative Business Cycle Framework4,624 cited
  • 1999Chapter 21 The financial accelerator in a quantitative business cycle framework3,549 cited
  • 2005House Prices, Borrowing Constraints, and Monetary Policy in the Business Cycle2,485 cited
  • 2010A model of unconventional monetary policy2,439 cited
  • 2012Credit Spreads and Business Cycle Fluctuations2,209 cited
  • 2016Measuring the Macroeconomic Impact of Monetary Policy at the Zero Lower Bound1,840 cited
  • 2011When Is the Government Spending Multiplier Large?1,839 cited
  • 2012The Aggregate Demand for Treasury Debt1,591 cited
  • 2015Monetary Policy Surprises, Credit Costs, and Economic Activity1,480 cited
  • 2011The Effects of Quantitative Easing on Interest Rates: Channels and Implications for Policy1,198 cited
  • 2008Monetary policy, inflation, and the business cycle : an introduction to the new Keynesian framework934 cited
  • 2009Monetary Policy, Inflation, and the Business Cycle: An Introduction to the New Keynesian Framework737 cited
  • 2012The Financial Market Effects of the Federal Reserve's Large-Scale Asset Purchases

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704 cited
  • 2011The Effectiveness of Alternative Monetary Policy Tools in a Zero Lower Bound Environment671 cited
  • Cited by

    • 2022An Analysis of the Literature on International Unconventional Monetary Policy100 cited
    • 2020Effects of US quantitative easing on emerging market economies94 cited
    • 2018The European Central Bank's Monetary Policy during Its First 20 Years82 cited
    • 2021Identification at the Zero Lower Bound52 cited
    • 2022A shadow rate without a lower bound constraint50 cited
    • 2018Before "The effects of conventional and unconventional monetary policy: A new approach"50 cited
    • 2020Identifying and estimating the effects of unconventional monetary policy: How to do it and what have we learned?42 cited
    • 2016An Analysis of the Literature on International Unconventional Monetary Policy35 cited
    • 2021UNCERTAINTY AND MONETARY POLICY DURING THE GREAT RECESSION28 cited
    • 2021What to Expect from the Lower Bound on Interest Rates: Evidence from Derivatives Prices24 cited
    • 2022Financial effects of QE and conventional monetary policy compared22 cited
    • 2021Deep recessions, slowing productivity and missing (dis-)inflation in the euro area21 cited
    • 2018What to Expect from the Lower Bound on Interest Rates: Evidence from Derivatives Prices18 cited
    • 2022Does fiscal policy matter for stock-bond return correlation?17 cited
    • 2023The macroeconomic effects of unconventional monetary policy: Comparing euro area and US models with shadow rates16 cited