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Why Does the Fed Move Markets so Much? A Model of Monetary Policy and Time-Varying Risk Aversion
16 references·1 citing·41 second hop
Why Does the Fed Move Markets so Much? A Model of Monetary Policy and Time-Varying Risk Aversion (2020)Why Does the Fed Move Markets so Much? A …Monetary Policy According to HANK (2018)Monetary Policy According to …Deconstructing Monetary Policy Surprises: The Role of Information Shocks (2018)Deconstructing Monetary Polic…High Frequency Identification of Monetary Non-Neutrality: The Information Effect (2013)High Frequency Identification…Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach (2010)Shocks and Frictions in US Bu…The Time-Varying Volatility of Macroeconomic Fluctuations (2008)The Time-Varying Volatility o…The Sensitivity of Long-Term Interest Rates to Economic News: Evidence and Implications for Macroeconomic Models (2005)The Sensitivity of Long-Term …Habit Persistence, Asset Returns, and the Business Cycle (2001)Habit Persistence, Asset Retu…Habit Formation in Consumption and Its Implications for Monetary-Policy Models (2000)Habit Formation in Consumptio…By Force of Habit: A Consumption‐Based Explanation of Aggregate Stock Market Behavior (1999)By Force of Habit: A Consumpt…Asset pricing in production economies (1998)Asset pricing in production e…Staggered Prices in a Utility-Maximizing Framework (1996)Staggered Prices in a Utility…Habit Formation: A Resolution of the Equity Premium Puzzle (1990)Habit Formation: A Resolution…Asset Prices under Habit Formation and Catching up with the Joneses (1990)Asset Prices under Habit Form…On the mechanics of economic development (1988)On the mechanics of economic …Investment, Capacity Utilization and the Real Business Cycle (1986)Investment, Capacity Utilizat…The Solution of Linear Difference Models under Rational Expectations (1980)The Solution of Linear Differ…Monetary Policy, Redistribution, and Risk Premia (2021)Monetary Policy, Redistributi…The General Theory of Employment, Interest and Money. (1936)The General Theory of Employment (1937)Time to Build and Aggregate Fluctuations (1982)Income and Wealth Heterogeneity in the Macroeconomy (1998)An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area (2003)Discretion versus policy rules in practice (1993)The Science of Monetary Policy: A New Keynesian Perspective (1999)Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy (2005)Financial Factors in Economic Fluctuations (2010)Housing Market Spillovers: Evidence from an Estimated DSGE Model (2010)Macroeconomic Effects of Federal Reserve Forward Guidance (2012)The monetary dynamics of hyperinflation (1956)"Rational" Expectations, the Optimal Monetary Instrument, and the Optimal Money Supply Rule (1975)Aggregate Dynamics and Staggered Contracts (1980)Equilibria under ‘active’ and ‘passive’ monetary and fiscal policies (1991)Solving Linear Rational Expectations Models (2002)Solving dynamic general equilibrium models using a second-order approximation to the policy function (2003)Optimum consumption and portfolio rules in a continuous-time model (1971)Noise Trader Risk in Financial Markets (1990)Consumption, Aggregate Wealth, and Expected Stock Returns (2001)Investor Psychology and Asset Pricing (2001)Relative Income, Happiness, and Utility: An Explanation for the Easterlin Paradox and Other Puzzles (2008)The Economic Implications of Learning by Doing (1962)Human Capital (1983)Increasing Returns and Long-Run Growth (1986)Endogenous Technological Change (1989)Increasing Returns and Economic Geography (1990)A Contribution to the Empirics of Economic Growth (1992)Uncertain Lifetime, Life Insurance, and the Theory of the Consumer (1965)Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach (2007)Monetary Policy and the Redistribution Channel (2019)Financial Heterogeneity and the Investment Channel of Monetary Policy (2020)Income and Wealth Distribution in Macroeconomics: A Continuous-Time Approach (2021)Interest and Prices (2004)What Explains the Stock Market's Reaction to Federal Reserve Policy? (2005)Monetary Policy Surprises, Credit Costs, and Economic Activity (2015)U.S. Monetary Policy and the Global Financial Cycle (2020)Prospect Theory and Asset Prices (2001)Investor Psychology and Security Market Under‐ and Overreactions (1998)Risks for the Long Run: A Potential Resolution of Asset Pricing Puzzles (2000)Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory* (2000)
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981 cited
  • 2008The Time-Varying Volatility of Macroeconomic Fluctuations844 cited
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    • 2021Monetary Policy, Redistribution, and Risk Premia18 cited