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Taylor-type rules and permanent shifts in productivity growth

Gavin, William T.; Keen, Benjamin D.; Pakko, Michael Robert - 2009

Persistent link: https://www.econbiz.de/10003884010

Taylor-type and total factor productivity

Gavin, William T.; Keen, Benjamin D.; Pakko, Michael Robert - In: Review / Federal Reserve Bank of St. Louis 94 (2012) 1, pp. 41-64

Persistent link: https://www.econbiz.de/10009528870

The signal extraction problem revisited : a note on its impact on a model of monetary policy

Keen, Benjamin D. - In: Macroeconomic dynamics 14 (2010) 3, pp. 405-426

Persistent link: https://www.econbiz.de/10003981130

What is a realistic value for price adjustment costs in New Keynesian models?

Keen, Benjamin D.; Wang, Yongsheng - In: Applied economics letters 14 (2007) 10/12, pp. 789-793

Persistent link: https://www.econbiz.de/10003588885

Forward guidance and the state of the economy

Keen, Benjamin D.; Richter, Alexander W.; Throckmorton, … - 2015

Persistent link: https://www.econbiz.de/10011406648

Forward guidance and the state of the economy

Keen, Benjamin D.; Richter, Alexander W.; Throckmorton, … - 2016 - This draft: May 19, 2016

This paper examines forward guidance using a nonlinear New Keynesian model with a zero lower bound (ZLB) constraint on the nominal interest rate. Forward guidance is modeled with news shocks to the monetary policy rule. The effectiveness of forward guidance depends on the state of the economy,...

Persistent link: https://www.econbiz.de/10011567922

The zero lower bound, the dual mandate, and unconventional dynamics

Gavin, William T.; Keen, Benjamin D.; Richter, Alexander W. - In: Journal of economic dynamics & control 55 (2015), pp. 14-38

Persistent link: https://www.econbiz.de/10011587109