Results 21 to 30 of about 73,899 (47)
Credit Supply and Monetary Policy: Identifying the Bank Balance-Sheet Channel with Loan Applications
, 2012 Gabriel Jiménez +3 more
semanticscholar +1 more source
Is the Phillips Curve Alive and Well after All? Inflation Expectations and the Missing Disinflation
, 2013 Olivier Coibion, Y. Gorodnichenko
semanticscholar +1 more source
Understanding the Great Recession
, 2014 Lawrence J. Christiano +2 more
semanticscholar +1 more source
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The American Economic Review, 2023
The reversal interest rate is the rate at which accommodative monetary policy reverses and becomes contractionary for lending. We theoretically demonstrate its existence in a macroeconomic model featuring imperfectly competitive banks that face financial
Joseph Abadi +2 more
semanticscholar +1 more source
The reversal interest rate is the rate at which accommodative monetary policy reverses and becomes contractionary for lending. We theoretically demonstrate its existence in a macroeconomic model featuring imperfectly competitive banks that face financial
Joseph Abadi +2 more
semanticscholar +1 more source
An Alternative Explanation for the “Fed Information Effect”
The American Economic Review, 2023Regressions of private-sector macroeconomic forecast revisions on monetary policy surprises often produce coefficients with signs opposite to standard macroeconomic models.
Michael D. Bauer, Eric T Swanson
semanticscholar +1 more source
The Government Spending Multiplier in a Multisector Economy
American Economic Journal: Macroeconomics, 2023We study the effects of aggregate government spending shocks in a production network economy where sectors differ in their price rigidity, factor intensities, use of intermediate inputs, and contribution to final demand.
Hafedh Bouakez, Omar Rachedi, E. Santoro
semanticscholar +1 more source
Does Monetary Policy Matter? The Narrative Approach after 35 Years
Social Science Research Network, 2023The narrative approach to macroeconomic identification uses qualitative sources, such as newspapers or government records, to provide information that can help establish causal relationships.
Christina D. Romer, D. Romer
semanticscholar +1 more source
Whatever it Takes? The Impact of Conditional Policy Promises
Social Science Research Network, 2023At the announcement of a new policy, agents form a view of state-contingent policy actions and impact. We develop a method to estimate this state-contingent perception and implement it for many asset-purchase interventions worldwide.
Valentin Haddad +2 more
semanticscholar +1 more source