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Backward-Looking Interest-Rate Rules, Interest-Rate Smoothing, and Macroeconomic Instability
16 references·3 citing·43 second hop
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References

  • 1993A Simple Estimator of Cointegrating Vectors in Higher Order Integrated Systems5,042 cited
  • 1991Equilibria under ‘active’ and ‘passive’ monetary and fiscal policies2,069 cited
  • 1982Sticky Prices in the United States1,917 cited
  • 1997Returns to Scale in U.S. Production: Estimates and Implications1,366 cited
  • 1999The Science of Monetary Policy: A New Keynesian Perspective1,135 cited
  • 1961A Program for Monetary Stability.850 cited
  • 2002Prices and unit labor costs: a new test of price stickiness808 cited
  • 2001The Perils of Taylor Rules724 cited
  • 1998Interest-Rate Rules in an Estimated Sticky Price Model562 cited
  • 1999The robustness and efficiency of monetary policy rules as guidelines for interest rate setting by the European central bank542 cited
  • 2001Monetary Policy and Multiple Equilibria532 cited
  • 1997Inflation Forecasts and Monetary Policy437 cited
  • 2000The Cost Channel of Monetary Transmission394 cited
  • 2002Avoiding Liquidity Traps380 cited
  • 1997Scale Economies, the Value of Time, and the Demand for Money: Longitudinal Evidence from Firms313 cited
  • 1999

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The Science of Monetary Policy: A New Keynesian Perspective
299 cited

Cited by

  • 2004Interest Rate Policy in Continuous Time with Discrete Delays17 cited
  • 2008Taylor Kuralı: Türkiye Üzerine Bir Değerlendirme15 cited
  • 2005Inflation-targeting, price-path targeting and indeterminacy14 cited