Some searches may not work properly. We apologize for the inconvenience.
My bibliography Save this articleNew Keynesian models and their fit to the data
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Ben S. Bernanke & Julio J. Rotemberg (ed.), 1997. "NBER Macroeconomics Annual 1997," MIT Press Books, The MIT Press, edition 1, volume 1, number 026252242x, December.
- Ball, Laurence, 1991.
"The Genesis of Inflation and the Costs of Disinflation,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 23(3), pages 439-452, August.
- Laurence Ball, 1991. "The genesis of inflation and the costs of disinflation," Proceedings, Federal Reserve Bank of Cleveland, pages 439-461.
- Laurence Ball, 1991. "The Genesis of Inflation and the Costs of Disinflation," NBER Working Papers 3621, National Bureau of Economic Research, Inc.
- Arturo Estrella & Jeffrey C. Fuhrer, 2002.
"Dynamic Inconsistencies: Counterfactual Implications of a Class of Rational-Expectations Models,"
American Economic Review, American Economic Association, vol. 92(4), pages 1013-1028, September.
- Arturo Extrella & Jeffrey C. Fuhrer, 1998. "Dynamic inconsistencies: counterfactual implications of a class of rational expectations models," Working Papers 98-5, Federal Reserve Bank of Boston.
- Julio J. Rotemberg & Michael Woodford, 1997. "An Optimization-Based Econometric Framework for the Evaluation of Monetary Policy," NBER Chapters, in: NBER Macroeconomics Annual 1997, Volume 12, pages 297-361, National Bureau of Economic Research, Inc.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Laurence Ball, 2000.
"Near-rationality and inflation in two monetary regimes,"
Proceedings, Federal Reserve Bank of San Francisco.
- Laurence Ball, 2000. "Near-Rationality and Inflation in Two Monetary Regimes," Economics Working Paper Archive 435, The Johns Hopkins University,Department of Economics.
- Laurence Ball, 2000. "Near-Rationality and Inflation in Two Monetary Regimes," NBER Working Papers 7988, National Bureau of Economic Research, Inc.
- Coenen Günter & Orphanides Athanasios & Wieland Volker, 2004.
"Price Stability and Monetary Policy Effectiveness when Nominal Interest Rates are Bounded at Zero,"
The B.E. Journal of Macroeconomics, De Gruyter, vol. 4(1), pages 1-25, February.
- Athanasios Orphanides & Volker W. Wieland, 1998. "Price stability and monetary policy effectiveness when nominal interest rates are bounded at zero," Finance and Economics Discussion Series 1998-35, Board of Governors of the Federal Reserve System (U.S.).
- Coenen, Günter & Orphanides, Athanasios & Wieland, Volker, 2003. "Price Stability and Monetary Policy Effectiveness when Nominal Interest Rates are Bounded at Zero," CEPR Discussion Papers 3892, C.E.P.R. Discussion Papers.
- Coenen, Günter & Orphanides, Athanasios & Wieland, Volker, 2003. "Price stability and monetary policy effectiveness when nominal interest rates are bounded at zero," CFS Working Paper Series 2003/13, Center for Financial Studies (CFS).
- Orphanides, Athanasios & Wieland, Volker & Coenen, Günter, 2003. "Price stability and monetary policy effectiveness when nominal interest rates are bounded at zero," Working Paper Series 231, European Central Bank.
- Mash, Richard, 2002.
"New Keynesian Microfoundations Revisited: A Generalised Calvo-Taylor Model and the Desirability of Inflation vs. Price Level Targeting,"
Royal Economic Society Annual Conference 2002
138, Royal Economic Society.
- Richard Mash, 2002. "New Keynesian Microfundations Revisited: A Generalised Calvo-Taylor Model and the Desirability of Inflation vs. Price Level Targeting," Economics Series Working Papers 109, University of Oxford, Department of Economics.
- Rochelle M. Edge & Thomas Laubach & John C. Williams, 2003.
"The responses of wages and prices to technology shocks,"
Finance and Economics Discussion Series
2003-65, Board of Governors of the Federal Reserve System (U.S.).
- Rochelle M. Edge & Thomas Laubach & John C. Williams, 2003. "The responses of wages and prices to technology shocks," Working Paper Series 2003-21, Federal Reserve Bank of San Francisco.
- Richard Dennis, 2003.
"New Keynesian optimal-policy models: an empirical assessment,"
Working Paper Series
2003-16, Federal Reserve Bank of San Francisco.
- Richard Dennis, 2004. "New Keynesian Optimal-Policy Models: An Empirical Assessment," Royal Economic Society Annual Conference 2004 152, Royal Economic Society.
- Dominique Pepin, 2004.
"The role of the "Maximizing Output Growth Inflation Rate" in monetary policy,"
Working Papers
hal-00965020, HAL.
- Dominique Pepin, 2014. "The role of the "Maximizing Output Growth Inflation Rate" in monetary policy," Papers 1403.6112, arXiv.org.
- McCallum, Bennett T., 2008.
"Reconsideration of the P-bar model of gradual price adjustment,"
European Economic Review, Elsevier, vol. 52(8), pages 1480-1493, November.
- Bennett T. McCallum, 2008. "Reconsideration of the P-Bar Model of Gradual Price Adjustment," NBER Working Papers 14163, National Bureau of Economic Research, Inc.
- Sbordone, Argia M., 2002.
"Prices and unit labor costs: a new test of price stickiness,"
Journal of Monetary Economics, Elsevier, vol. 49(2), pages 265-292, March.
- Sbordone, Argia, 1998. "Prices and Unit Labor Costs: A New Test of Price Stickiness," Seminar Papers 653, Stockholm University, Institute for International Economic Studies.
- Argia M. Sbordone, 2001. "Prices and Unit Labor Costs: A New Test of Price Stickiness," Departmental Working Papers 200112, Rutgers University, Department of Economics.
- Argia M. Sbordone, 2001. "Prices and Unit Labor Costs: A New Test of Price Stickiness," Departmental Working Papers 199822, Rutgers University, Department of Economics.
- Sbordone, A.M., 1998. "Prices and Unit Labor Costs: a New Test of Price Stickiness," Papers 653, Stockholm - International Economic Studies.
- Arslan, Mesut Murat, 2005. "Derivation and Estimation of a Phillips Curve with Sticky Prices and Sticky Information," MPRA Paper 5162, University Library of Munich, Germany, revised Sep 2007.
- Givens, Gregory E. & Salemi, Michael K., 2015.
"Inferring monetary policy objectives with a partially observed state,"
Journal of Economic Dynamics and Control, Elsevier, vol. 52(C), pages 190-208.
- Givens, Gregory & Salemi, Michael, 2012. "Inferring monetary policy objectives with a partially observed state," MPRA Paper 39353, University Library of Munich, Germany.
- Henrik Jensen, 2002.
"Targeting Nominal Income Growth or Inflation?,"
American Economic Review, American Economic Association, vol. 92(4), pages 928-956, September.
- Henrik Jensen, "undated". "Targeting Nominal Income Growth or Inflation?," EPRU Working Paper Series 99-23, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics.
- Jensen, Henrik, 1999. "Targeting Nominal Income Growth or Inflation?," CEPR Discussion Papers 2341, C.E.P.R. Discussion Papers.
- Linde, Jesper, 2005.
"Estimating New-Keynesian Phillips curves: A full information maximum likelihood approach,"
Journal of Monetary Economics, Elsevier, vol. 52(6), pages 1135-1149, September.
- Lindé, Jesper, 2001. "Estimating New-Keynesian Phillips Curves: A Full Information Maximum Likelihood Approach," Working Paper Series 129, Sveriges Riksbank (Central Bank of Sweden), revised 01 Mar 2005.
- Vaona, Andrea, 2006.
"Merging the purchasing power parity and the Phillips curve literatures: Regional evidence from Italy,"
Kiel Working Papers
1282, Kiel Institute for the World Economy (IfW Kiel).
- Andrea Vaona, 2006. "Merging the Purchasing Power Parity and the Phillips Curve Literatures: Regional Evidence from Italy," Working Papers 33/2006, University of Verona, Department of Economics.
- Bennett T. McCallum, 2001.
"Analysis of the Monetary Transmission Mechanism: Methodological Issues,"
Palgrave Macmillan Books, in: Deutsche Bundesbank (ed.), The Monetary Transmission Process, chapter 1, pages 11-59,
Palgrave Macmillan.
- Bennett T. McCallum, 1999. "Analysis of the Monetary Transmission Mechanism: Methodological Issues," NBER Working Papers 7395, National Bureau of Economic Research, Inc.
- Dennis, Richard & Soderstrom, Ulf, 2006.
"How Important Is Precommitment for Monetary Policy?,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 38(4), pages 847-872, June.
- Richard Dennis & Ulf Soderstrom, 2002. "How important is precommitment for monetary policy?," Working Paper Series 2002-10, Federal Reserve Bank of San Francisco.
- Ulf Soderstrom & Richard Dennis, 2003. "How Important is Precommitment for Monetary Policy?," Computing in Economics and Finance 2003 49, Society for Computational Economics.
- Dennis, Richard & Söderström, Ulf, 2002. "How Important Is Precommitment for Monetary Policy?," Working Paper Series 139, Sveriges Riksbank (Central Bank of Sweden).
- Aksoy, Yunus & Orphanides, Athanasios & Small, David & Wieland, Volker & Wilcox, David, 2006.
"A quantitative exploration of the opportunistic approach to disinflation,"
Journal of Monetary Economics, Elsevier, vol. 53(8), pages 1877-1893, November.
- Athanasios Orphanides & David H. Small & Volker W. Wieland & David W. Wilcox, 1997. "A quantitative exploration of the opportunistic approach to disinflation," Finance and Economics Discussion Series 1997-36, Board of Governors of the Federal Reserve System (U.S.).
- Aksoy, Yunus & Orphanides, Athanasios & Wieland, Volker & Wilcox, David & Small, David, 2003. "A Quantitative Exploration of the Opportunistic Approach to Disinflation," CEPR Discussion Papers 4073, C.E.P.R. Discussion Papers.
- Aksoy, Yunus & Orphanides, Athanasios & Small, David & Wieland, Volker, 2005. "A quantitative exploration of the opportunistic approach to disinflation," CFS Working Paper Series 2005/19, Center for Financial Studies (CFS).
- Söderström, Ulf & Söderlind, Paul & Vredin, Anders, 2002. "Can a Calibrated New-Keynesian Model of Monetary Policy Fit the Facts?," Working Paper Series 140, Sveriges Riksbank (Central Bank of Sweden).
- Leitemo, Kai & Söderström, Ulf, 2008.
"Robust monetary policy in a small open economy,"
Journal of Economic Dynamics and Control, Elsevier, vol. 32(10), pages 3218-3252, October.
- Söderström, Ulf & Leitemo, Kai, 2005. "Robust Monetary Policy in a Small Open Economy," CEPR Discussion Papers 5071, C.E.P.R. Discussion Papers.
- Leitemo, Kai & Söderström, Ulf, 2005. "Robust monetary policy in a small open economy," Bank of Finland Research Discussion Papers 20/2005, Bank of Finland.
- Kai Leitemo & Ulf Söderstrom, 2005. "Robust Monetary Policy in a Small Open Economy," Working Papers 290, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- McCallum, Bennett T., 2007. "Basic Calvo and P-Bar Models of Price Adjustment: A Comparison," Kiel Working Papers 1361, Kiel Institute for the World Economy (IfW Kiel).
- Ulf Söderström & Paul Söderlind & Anders Vredin, 2005.
"New‐Keynesian Models and Monetary Policy: A Re‐examination of the Stylized Facts,"
Scandinavian Journal of Economics, Wiley Blackwell, vol. 107(3), pages 521-546, September.
- Söderström, Ulf & Söderlind, Paul & Vredin, Anders, 2002. "New-Keynesian Models and Monetary Policy: A Reexamination of the Stylized Facts," SSE/EFI Working Paper Series in Economics and Finance 511, Stockholm School of Economics, revised 01 Oct 2003.
More about this item
Keywords
Keynesian economics; Econometric models; Monetary policy;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedfel:y:2004:i:jul9:n:2004-17. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Federal Reserve Bank of San Francisco Research Library (email available below). General contact details of provider: https://edirc.repec.org/data/frbsfus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.