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Heterogeneity in Macroeconomics and its Implications for Monetary Policy
Schnell, Fabian - 2015
Fabian Schnell develops a model indicating that by keeping real interest rates too low, monetary policy can distort the allocation of resources across firms and potentially delay economic recovery after a recession. This is a new channel of monetary policy that is especially relevant in view of...
Persistent link: https://www.econbiz.de/10012402085
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The relative importance of foreign and domestic disturbances for aggregate fluctuations in the open economy : Switzerland, 1964 - 1981
Genberg, Hans - In: Journal of monetary economics 19 (1987) 1, pp. 45-67
Persistent link: https://www.econbiz.de/10001016510
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Unconditionally optimal monetary policy
Damjanovic, Tatiana; Damjanovic, Vladislav; Nolan, Charles - In: Journal of monetary economics 55 (2008) 3, pp. 491-500
Persistent link: https://www.econbiz.de/10003764207
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The asymmetric effects of monetary policy in a matching model with a balance sheet channel
Florio, Anna - In: Journal of macroeconomics 28 (2006) 2, pp. 375-391
Persistent link: https://www.econbiz.de/10003331943
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Does monetary policy generate recessions?
Sims, Christopher A.; Zha, Tao - In: Macroeconomic dynamics 10 (2006) 2, pp. 231-272
Persistent link: https://www.econbiz.de/10003318612
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Sticky prices and monetary policy : evidence from disaggregated US data
Boivin, Jean; Giannoni, Marc Paolo; Mihov, Ilian - In: The American economic review 99 (2009) 1, pp. 350-384
Persistent link: https://www.econbiz.de/10003825446
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Financial shocks and the US business cycle
Nolan, Charles; Thoenissen, Christoph - In: Journal of monetary economics 56 (2009) 4, pp. 596-604
Persistent link: https://www.econbiz.de/10003850608
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VAR analysis and the great moderation
Benati, Luca; Surico, Paolo - In: The American economic review 99 (2009) 4, pp. 1636-1652
Persistent link: https://www.econbiz.de/10003896791
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Robust monetary policy in the new Keynesian framework
Leitemo, Kai; Söderström, Ulf - In: Macroeconomic dynamics 12 (2008), pp. 126-135
Persistent link: https://www.econbiz.de/10003868073
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Monetary policy rules and macroeconomic stability : some new evidence
Mavroeidis, Sophocles - In: The American economic review 100 (2010) 1, pp. 491-503
Persistent link: https://www.econbiz.de/10008732322