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The Empirical Implications of the Interest-Rate Lower Bound
16 references·7 citing·45 second hop
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this work references cited by second hop

References

  • 2005Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy5,868 cited
  • 2007Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach4,628 cited
  • 1982Sticky Prices in the United States1,917 cited
  • 2011When Is the Government Spending Multiplier Large?1,839 cited
  • 2003Zero Bound on Interest Rates and Optimal Monetary Policy1,801 cited
  • 1999Chapter 2 Monetary policy shocks: What have we learned and to what end?1,484 cited
  • 2007Bayesian Analysis of DSGE Models1,367 cited
  • 2007Estimating Macroeconomic Models: A Likelihood Approach513 cited
  • 199510 Asset Pricing Implications of Equilibrium Business Cycle Models346 cited
  • 2010Microeconomic Evidence on Price-Setting286 cited
  • 2010Finite state Markov-chain approximations to highly persistent processes285 cited
  • 2012Have We Underestimated the Likelihood and Severity of Zero Lower Bound Events?278 cited
  • 2000Algorithms for solving dynamic models with occasionally binding constraints242 cited
  • 2004Price Stability and Monetary Policy Effectiveness when Nominal Interest Rates are Bounded at Zero208 cited
  • 2014IS THERE A FISCAL FREE LUNCH IN A LIQUIDITY TRAP?183 cited

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  • 2012Uncertainty Shocks in a Model of Effective Demand171 cited
  • Cited by

    • 2022Demographics, Monetary Policy, and the Zero Lower Bound22 cited
    • n.d.A shadow rate New Keynesian model22 cited
    • 2015Unemployment benefit extensions at the zero lower bound20 cited
    • 2015Endogenous Volatility at the Zero Lower Bound: Implications for Stabilization Policy20 cited
    • 2014Escaping the Great Recession19 cited
    • 2013Global Dynamics at the Zero Lower Bound18 cited
    • 2018Forward Guidance with Bayesian Learning and Estimation14 cited