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1. The effects of monetary policy on unemployment dynamics under model...
We are particularly grateful to Ken West (the editor) and two anonymous referees for extensive comments that substantially improved content and exposition of the paper. (PERIODICAL ARTICLE)
2. Monetary policy under alternative asset market structures: the case of a...
How DOES THE STRUCTURE of international asset markets affect monetary policy? The debate surrounding optimal monetary policy in open economies has been extensive over the ... (PERIODICAL ARTICLE)
3. Do actions speak louder than words? Household expectations of inflation...
Survey of Consumers, Survey of Professional Forecasters, Euler equation. SURVEY DATA ON household inflation expectations are routinely used in economic analysis (see, e.g., Thomas 1999, ... (PERIODICAL ARTICLE)
4. Repo auctions and the market for liquidity.
THE QUESTION OF public versus private provision of liquidity has recently received substantial attention as a result of the so-called subprime crisis. The crisis has ... (PERIODICAL ARTICLE)
5. The impact of central bank independence on political monetary cycles in...
THIS PAPER INVESTIGATES the extent to which monetary policy is manipulated for political purposes during election periods. In the political business cycle model of Nordhaus ... (PERIODICAL ARTICLE)
6. The elastic provision of liquidity by private agents.
EVIDENCE ON THE determinants of corporate holdings of cash and marketable securities is consistent with the need of firms to be responsive to investment opportunities ... (PERIODICAL ARTICLE)
7. Model misspecification, the equilibrium natural interest rate, and the...
FOLLOWING THE SEMINAL contribution by Mehra and Prescott (1985), analyses of the equity premium and the risk-free real interest rate have normally been based on ... (PERIODICAL ARTICLE)
8. Identification of New Keynesian Phillips Curves from a global perspective.
NEW KEYNESIAN PHILLIPS CURVES (NKPC) have been widely used in the macroeconomic literature. Yet their empirical implementation raises a number of issues that continue to ... (PERIODICAL ARTICLE) | |
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1-8 (of 8) related articles
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1-8 (of 8) related articles
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