Results 21 to 30 of about 73,663 (47)
Is the Phillips Curve Alive and Well after All? Inflation Expectations and the Missing Disinflation
, 2013 Olivier Coibion, Y. Gorodnichenko
semanticscholar +1 more source
Some of the next articles are maybe not open access.
Related searches:
Related searches:
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
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
Losing traction? The real effects of monetary policy when interest rates are low
Social Science Research Network, 2023Are there limits to how far reductions in interest rates can boost aggregate demand? In particular, as interest rates fall to very low levels, does the effectiveness of monetary policy in boosting the economy wane?
Rashad Ahmed +3 more
semanticscholar +1 more source
The American Economic Review, 2021
We develop a deep learning model to detect emotions embedded in press conferences after the Federal Open Market Committee meetings and examine the influence of the detected emotions on financial markets.
Y. Gorodnichenko +2 more
semanticscholar +1 more source
We develop a deep learning model to detect emotions embedded in press conferences after the Federal Open Market Committee meetings and examine the influence of the detected emotions on financial markets.
Y. Gorodnichenko +2 more
semanticscholar +1 more source
Measuring Monetary Policy in the Euro Area Using SVARs with Residual Restrictions
American Economic Journal: Macroeconomics, 2023This study measures the effects of monetary policy in the euro area using a small number of sign and magnitude restrictions on the residuals of a structural vector autoregression.
Harald Badinger, Stefan Schiman
semanticscholar +1 more source
Central Bank Credibility and Fiscal Responsibility
Social Science Research Network, 2023We consider a New Keynesian model with strategic monetary and fiscal interactions. The fiscal authority maximizes social welfare. Monetary policy is delegated to a central bank with an anti-inflation bias that suffers from a lack of commitment.
Jesse Schreger +2 more
semanticscholar +1 more source
Social Science Research Network, 2023
Using comprehensive mortgage-level data, we discover that the social capital of the community in which households live positively influences the likelihood their mortgage applications are approved, the terms of approved mortgages, and the subsequent ...
Xudong An +4 more
semanticscholar +1 more source
Using comprehensive mortgage-level data, we discover that the social capital of the community in which households live positively influences the likelihood their mortgage applications are approved, the terms of approved mortgages, and the subsequent ...
Xudong An +4 more
semanticscholar +1 more source
A Unified Framework for CBDC Design: Remuneration, Collateral Haircuts and Quantity Constraints
Social Science Research Network, 2021We study the macroeconomic effects of central bank digital currency (CBDC) in a dynamic general equilibrium model. Timing and information frictions create a need for inside (bank deposits) and outside money (CBDC) to finance production.
Katrin Assenmacher-Wesche +3 more
semanticscholar +1 more source