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Has Monetary Policy Become Less Powerful?
16 references·5 citing·40 second hop
Has Monetary Policy Become Less Powerful? (2002)Has Monetary Policy Become Less Powerful?Habit Persistence, Asset Returns, and the Business Cycle (2001)Habit Persistence, Asset Retu…Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory* (2000)Monetary Policy Rules and Mac…Habit Formation in Consumption and Its Implications for Monetary-Policy Models (2000)Habit Formation in Consumptio…Optimal Monetary Policy Inertia (1999)Optimal Monetary Policy Inert…Inflation dynamics: A structural econometric analysis (1999)Inflation dynamics: A structu…Chapter 2 Monetary policy shocks: What have we learned and to what end? (1999)Chapter 2 Monetary policy sho…Measuring Monetary Policy (1998)Measuring Monetary PolicySystematic Monetary Policy and the Effects of Oil Price Shocks (1997)Systematic Monetary Policy an…An Optimization-Based Econometric Framework for the Evaluation of Monetary Policy (1997)An Optimization-Based Econome…Tests for Parameter Instability and Structural Change With Unknown Change Point (1993)Tests for Parameter Instabili…Discretion versus policy rules in practice (1993)Discretion versus policy rule…Asset Prices under Habit Formation and Catching up with the Joneses (1990)Asset Prices under Habit Form…Staggered prices in a utility-maximizing framework (1983)Staggered prices in a utility…Time to Build and Aggregate Fluctuations (1982)Time to Build and Aggregate F…Econometric policy evaluation: A critique (1976)Econometric policy evaluation…Output Fluctuations in the United States: What Has Changed since the Early 1980's?Output Fluctuations in the Un…Monetary Policy Shocks and Foreign Investment Income: Evidence from a Large Bayesian VAR (2014)Monetary Policy Shocks and Fo…Monetary Policy and the Evolution of US economy (2007)Monetary Policy and the Evolu…Structural Changes in the Transmission Mechanism of Monetary Policy in Mexico: A Non-Linear VAR Approach (2006)Structural Changes in the Tra…Structural Changes in the Transmission Mechanism of Monetary Policy in Mexico: A Non-Linear VAR Approach (2006)Structural Changes in the Tra…Macroeconomic Volatility Trade-Off and Monetary Policy Regime in the Euro Area (2003)Macroeconomic Volatility Trad…"Rational" Expectations, the Optimal Monetary Instrument, and the Optimal Money Supply Rule (1975)Inflation and Costs of Price Adjustment (1977)Aggregate Dynamics and Staggered Contracts (1980)Behavioral Macroeconomics and Macroeconomic Behavior (2002)Employment Fluctuations with Equilibrium Wage Stickiness (2005)Unemployment Fluctuations with Staggered Nash Wage Bargaining (2009)A Theory of the Consumption Function (1960)Some International Evidence on Output-Inflation Tradeoffs. (1973)The Role of Monetary Policy (1995)INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY (2005)Time Varying Structural Vector Autoregressions and Monetary Policy (2005)Does Culture Affect Economic Outcomes? (2006)The federal funds rate and the channels of monetary transmission (1989)Staggered Prices in a Utility-Maximizing Framework (1996)Zero Bound on Interest Rates and Optimal Monetary Policy (2003)Some Evidence on the Importance of Sticky Prices (2004)Understanding the Effects of Government Spending on Consumption (2007)Rules, discretion and reputation in a model of monetary policy (1983)Estimation and Inference of Impulse Responses by Local Projections (2005)Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach (2007)Inference About the Change-Point in a Sequence of Random Variables (1970)Testing for the Constancy of Parameters Over Time (1989)Further Evidence on the Great Crash, the Oil-Price Shock, and the Unit-Root Hypothesis (1992)What is an Oil Shock? (2000)Further Evidence on the Great Crash, the Oil-Price Shock, and the Unit-Root Hypothesis (2002)Macroeconomics and Reality (1980)Tobin's Marginal q and Average q: A Neoclassical Interpretation (1982)The equity premium: A puzzle (1985)Production, growth and business cycles (1988)An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area (2003)The Science of Monetary Policy: A New Keynesian Perspective (1999)The Financial Accelerator in a Quantitative Business Cycle Framework (1998)Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy (2005)A New Approach to the Economic Analysis of Nonstationary Time Series and the Business Cycle (1989)Have Individual Stocks Become More Volatile? An Empirical Exploration of Idiosyncratic Risk (2001)Drifts and volatilities: monetary policies and outcomes in the post WWII US (2005)American Economic Review (2019)Investor Psychology and Asset Pricing (2001)Prospect Theory and Asset Prices (2001)Relative Income, Happiness, and Utility: An Explanation for the Easterlin Paradox and Other Puzzles (2008)
this work references cited by second hop

References

  • 1993Discretion versus policy rules in practice9,059 cited
  • 1983Staggered prices in a utility-maximizing framework7,892 cited
  • 1976Econometric policy evaluation: A critique6,104 cited
  • 1982Time to Build and Aggregate Fluctuations5,933 cited
  • 2000Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory*4,631 cited
  • 1993Tests for Parameter Instability and Structural Change With Unknown Change Point4,325 cited
  • 1999Inflation dynamics: A structural econometric analysis3,088 cited
  • 1997An Optimization-Based Econometric Framework for the Evaluation of Monetary Policy2,077 cited
  • 1990Asset Prices under Habit Formation and Catching up with the Joneses2,021 cited
  • n.d.Output Fluctuations in the United States: What Has Changed since the Early 1980's?1,867 cited
  • 1998Measuring Monetary Policy1,643 cited
  • 1997Systematic Monetary Policy and the Effects of Oil Price Shocks1,594 cited
  • 1999Chapter 2 Monetary policy shocks: What have we learned and to what end?1,484 cited
  • 2000Habit Formation in Consumption and Its Implications for Monetary-Policy Models1,148 cited
  • 2001Habit Persistence, Asset Returns, and the Business Cycle

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1,049 cited
  • 1999Optimal Monetary Policy Inertia998 cited
  • Cited by

    • 2014Monetary Policy Shocks and Foreign Investment Income: Evidence from a Large Bayesian VAR27 cited
    • 2007Monetary Policy and the Evolution of US economy27 cited
    • 2006Structural Changes in the Transmission Mechanism of Monetary Policy in Mexico: A Non-Linear VAR Approach24 cited
    • 2003Macroeconomic Volatility Trade-Off and Monetary Policy Regime in the Euro Area17 cited
    • 2006Structural Changes in the Transmission Mechanism of Monetary Policy in Mexico: A Non-Linear VAR Approach15 cited