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International monetary stability and policy
Bullard, James Brian; Kaplan, Robert S.; Lockhart, Dennis; … - In: Rules for international monetary stability : past, …, (pp. 299-320). 2017
Persistent link: https://www.econbiz.de/10011736344
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Tying down the anchor : monetary policy rules and the lower bound on interest rates
Mertens, Thomas M.; Williams, John C. - 2019
This paper uses a standard New Keynesian model to analyze the effects and implementation of various monetary policy frameworks in the presence of a low natural rate of interest and a lower bound on interest rates. Under a standard inflation-targeting approach, inflation expectations will be...
Persistent link: https://www.econbiz.de/10012000049
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Bubbles tomorrow and bubbles yesterday, but never bubbles today?
Williams, John C. - In: Business economics : the journal of the National … 48 (2013) 4, pp. 224-230
Persistent link: https://www.econbiz.de/10010350602
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Scarce, abundant, or ample? : a time-varying model of the reserve demand curve
Afonso, Gara; Giannone, Domenico; La Spada, Gabriele; … - 2022
approach to address endogeneity. Consistent with economic theory, our estimates show a nonlinear demand function that exhibits …
Persistent link: https://www.econbiz.de/10013257201
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Robustness of simple monetary policy rules under model uncertainty
Levin, Andrew T.; Wieland, Volker; Williams, John C. - 1998
Persistent link: https://www.econbiz.de/10000665827
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Simple rules for monetary policy
Williams, John C. - 1999
Persistent link: https://www.econbiz.de/10001370024
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Robustness of simple monetary policy rules under model uncertainty
Levin, Andrew; Wieland, Volker; Williams, John C. - 1998
Persistent link: https://www.econbiz.de/10001366653
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Monetary policy frameworks and the effective lower bound on interest rates
Mertens, Thomas; Williams, John C. - 2019
Persistent link: https://www.econbiz.de/10011977473
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A wedge in the dual mandate : monetary policy and long-term unemployment
Rudebusch, Glenn D.; Williams, John C. - In: Journal of macroeconomics 47 (2016), pp. 5-18
Persistent link: https://www.econbiz.de/10011707451
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Monetary policy frameworks and the effective lower bound on interest rates
Mertens, Thomas; Williams, John C. - 2019 - Revised January 2019
This paper applies a standard New Keynesian model to analyze the effects of monetary policy in the presence of a low natural rate of interest and a lower bound on interest rates. Under a standard inflation-targeting approach, inflation expectations will be anchored at a level below the inflation...
Persistent link: https://www.econbiz.de/10011952169