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The Great Escape? A Quantitative Evaluation of the Fed’s Liquidity Facilities
16 references·13 citing·34 second hop
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References

  • 1993Discretion versus policy rules in practice9,059 cited
  • 1983Staggered prices in a utility-maximizing framework7,892 cited
  • 2005INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY5,508 cited
  • 1997Credit Cycles5,254 cited
  • 1998The Financial Accelerator in a Quantitative Business Cycle Framework4,624 cited
  • 1996Staggered Prices in a Utility-Maximizing Framework4,369 cited
  • 2002Macroeconomic Forecasting Using Diffusion Indexes2,550 cited
  • 2010A model of unconventional monetary policy2,439 cited
  • 2000Optimal monetary policy with staggered wage and price contracts2,281 cited
  • 2004Corporate Yield Spreads: Default Risk or Liquidity? New Evidence from the Credit Default Swap Market2,087 cited
  • 1997An Optimization-Based Econometric Framework for the Evaluation of Monetary Policy2,077 cited
  • 2010Financial Intermediation and Credit Policy in Business Cycle Analysis1,986 cited
  • 2003Zero Bound on Interest Rates and Optimal Monetary Policy1,801 cited
  • 2011Securitized banking and the run on repo1,708 cited
  • 2012The Aggregate Demand for Treasury Debt1,591 cited

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2004
Some Evidence on the Importance of Sticky Prices
1,579 cited

Cited by

  • 2013A Model of Slow Recoveries from Financial Crises42 cited
  • 2012The Empirical Implications of the Interest-Rate Lower Bound41 cited
  • 2019Money, Credit, Monetary Policy and the Business Cycle in the Euro Area: What Has Changed since the Crisis?39 cited
  • 2017Assessing the Macroeconomic Effects of LTROs during the Great Recession37 cited
  • 2017Safe Assets, Liquidity, and Monetary Policy37 cited
  • 2010Financial Amplification Mechanisms and the Federal Reserve's Supply of Liquidity During the Crisis36 cited
  • 2020A Model of Endogenous Risk Intolerance and LSAPs: Asset Prices and Aggregate Demand in a “Covid-19” Shock29 cited
  • 2015Unconventional Monetary Policy and the Allocation of Credit23 cited
  • 2014Identification of Financial Factors in Economic Fluctuations22 cited
  • 2012Financial Intermediation, Investment Dynamics and Business Cycle Fluctuations16 cited
  • 2012Financial Intermediation, Investment Dynamics and Business Cycle Fluctuations15 cited
  • 2017Spillover Effects of Unconventional Monetary Policy in Asia and the Pacific14 cited
  • 2022Financial Stability Considerations for Monetary Policy: Theoretical Mechanisms14 cited