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The effect of central bank credibility on forward guidance in an estimated New Keynesian model
16 references·0 citing·35 second hop
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References

  • 1993Discretion versus policy rules in practice9,059 cited
  • 1977Rules Rather than Discretion: The Inconsistency of Optimal Plans7,896 cited
  • 1983Staggered prices in a utility-maximizing framework7,892 cited
  • 2005Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy5,868 cited
  • 2005INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY5,508 cited
  • 2007Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach4,628 cited
  • 1996Staggered Prices in a Utility-Maximizing Framework4,369 cited
  • 2004Interest and Prices2,583 cited
  • 2003Zero Bound on Interest Rates and Optimal Monetary Policy1,801 cited
  • 1996Nominal price rigidity, money supply endogeneity, and business cycles1,232 cited
  • 2001Vector Autoregressions1,168 cited
  • 2015Information Rigidity and the Expectations Formation Process: A Simple Framework and New Facts1,145 cited
  • 2002Solving Linear Rational Expectations Models1,104 cited
  • 1980Formulating and estimating dynamic linear rational expectations models877 cited
  • 2012What Can Survey Forecasts Tell Us about Information Rigidities?846 cited

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2012
Macroeconomic Effects of Federal Reserve Forward Guidance
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