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Doves, hawks and pigeons: Behavioral monetary policy and interest rate inertia
16 references·2 citing·31 second hop
Doves, hawks and pigeons: Behavioral monetary policy and interest rate inertia (2016)Doves, hawks and pigeons: Behavioral mone…Bureaucrats or Politicians? Part I: A Single Policy Task (2007)Bureaucrats or Politicians? P…Optimal Interest-Rate Smoothing (2003)Optimal Interest-Rate Smoothi…The Science of Monetary Policy: A New Keynesian Perspective (1999)The Science of Monetary Polic…Optimal Monetary Policy Inertia (1999)Optimal Monetary Policy Inert…Optimal contracts for central bankers (1995)Optimal contracts for central…Inside the Black Box: The Credit Channel of Monetary Policy Transmission (1995)Inside the Black Box: The Cre…Discretion versus policy rules in practice (1993)Discretion versus policy rule…Designing institutions for monetary stability (1993)Designing institutions for mo…Optimal Commitment in Monetary Policy: Credibility versus Flexibility (1992)Optimal Commitment in Monetar…Measuring the Independence of Central Banks and Its Effect on Policy Outcomes (1992)Measuring the Independence of…Advances in prospect theory: Cumulative representation of uncertainty (1992)Advances in prospect theory: …Political and Monetary Institutions and Public Financial Policies in the Industrial Countries (1991)Political and Monetary Instit…The Optimal Degree of Commitment to an Intermediate Monetary Target (1985)The Optimal Degree of Commitm…Inflation and Reputation (1985)Inflation and ReputationRules, discretion and reputation in a model of monetary policy (1983)Rules, discretion and reputat…Prospect Theory: An Analysis of Decision under Risk (1979)Prospect Theory: An Analysis …Independence, conservatism, and beyond: Monetary policy, central bank governance and central banker preferences (1981–2021) (2021)Independence, conservatism, a…A Behavioral Approach to Financial Supervision, Regulation, and Central Banking (2018)A Behavioral Approach to Fina…Judgment under Uncertainty: Heuristics and Biases (1975)Prospect theory: An analysis of decision under risk (1988)Loss Aversion in Riskless Choice: A Reference-Dependent Model (1991)Individual differences in reasoning: Implications for the rationality debate? (2000)A perspective on judgment and choice: Mapping bounded rationality. (2003)On the Determination of the Public Debt (1979)Decision Making in Political Systems: Veto Players in Presidentialism, Parliamentarism, Multicameralism and Multipartyism (1995)An Introduction to Varieties of Capitalism (2001)Varieties of Capitalism (2001)Central Bank Strategy, Credibility, and Independence: Theory and Evidence (1992)Veto Players. How Political Institutions Work (2003)A Positive Theory of Monetary Policy in a Natural-Rate Model (1981)Reputation and imperfect information (1982)International Norm Dynamics and Political Change (1998)Macroeconomics and Reality (1980)The federal funds rate and the channels of monetary transmission (1989)Chapter 21 The financial accelerator in a quantitative business cycle framework (1999)The Quarterly Journal of Economics (2024)The Financial Accelerator in a Quantitative Business Cycle Framework (1998)Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory* (2000)Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy (2005)Some International Evidence on Output-Inflation Tradeoffs. (1973)Aggregate Dynamics and Staggered Contracts (1980)A Positive Theory of Monetary Policy in a Natural Rate Model (1983)INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY (2005)Inflation Targeting: A New Framework for Monetary Policy? (1997)Central Banking in Theory and Practice (1998)Estimation and Inference of Impulse Responses by Local Projections (2005)Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach (2007)The Framing of Decisions and the Psychology of Choice (1981)Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance (2007)
this work references cited by second hop

References

  • 1979Prospect Theory: An Analysis of Decision under Risk48,459 cited
  • 1992Advances in prospect theory: Cumulative representation of uncertainty15,457 cited
  • 1993Discretion versus policy rules in practice9,059 cited
  • 1999The Science of Monetary Policy: A New Keynesian Perspective4,927 cited
  • 1995Inside the Black Box: The Credit Channel of Monetary Policy Transmission4,205 cited
  • 1985The Optimal Degree of Commitment to an Intermediate Monetary Target3,687 cited
  • 1983Rules, discretion and reputation in a model of monetary policy3,625 cited
  • 1992Measuring the Independence of Central Banks and Its Effect on Policy Outcomes1,707 cited
  • 1991Political and Monetary Institutions and Public Financial Policies in the Industrial Countries1,583 cited
  • 1995Optimal contracts for central bankers1,131 cited
  • 1999Optimal Monetary Policy Inertia998 cited
  • 1992Optimal Commitment in Monetary Policy: Credibility versus Flexibility595 cited
  • 1993Designing institutions for monetary stability573 cited
  • 2007Bureaucrats or Politicians? Part I: A Single Policy Task548 cited
  • 2003Optimal Interest-Rate Smoothing483 cited

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  • 1985Inflation and Reputation409 cited
  • Cited by

    • 2018A Behavioral Approach to Financial Supervision, Regulation, and Central Banking27 cited
    • 2021Independence, conservatism, and beyond: Monetary policy, central bank governance and central banker preferences (1981–2021)19 cited