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Sebastian Schmidt

Personal Details

First Name:Sebastian
Middle Name:
Last Name:Schmidt
Suffix:
RePEc Short-ID:psc448
[This author has chosen not to make the email address public]
https://sites.google.com/site/econschmidt/home

Affiliation

European Central Bank

Frankfurt am Main, Germany
http://www.ecb.europa.eu/
RePEc:edi:emieude (more details at EDIRC)

Research output

as
Jump to: Working papers Articles Software Chapters

Working papers

  1. Schmidt, Sebastian, 2023. "Monetary-fiscal policy interactions when price stability occasionally takes a back seat," CEPR Discussion Papers 18002, C.E.P.R. Discussion Papers.
  2. Maćkowiak, Bartosz & Schmidt, Sebastian, 2023. "Passive monetary policy and active fiscal policy in a monetary union," Working Paper Series 2781, European Central Bank.
  3. Mackowiak, Bartosz & Schmidt, Sebastian, 2022. "Fiscal Backing for Price Stability in a Monetary Union," CEPR Discussion Papers 17034, C.E.P.R. Discussion Papers.
  4. Cecion, Martina & Coenen, Günter & Gerke, Rafael & Le Bihan, Hervé & Motto, Roberto & Aguilar, Pablo & Ajevskis, Viktors & Giesen, Sebastian & Albertazzi, Ugo & Gilbert, Niels & Al-Haschimi, Alexander, 2021. "The ECB’s price stability framework: past experience, and current and future challenges," Occasional Paper Series 269, European Central Bank.
  5. Schmidt, Sebastian & Coenen, Günter & Montes-Galdón, Carlos, 2021. "Macroeconomic stabilisation and monetary policy effectiveness in a low-interest-rate environment," CEPR Discussion Papers 16403, C.E.P.R. Discussion Papers.
  6. Giancarlo Corsetti & Keith Kuester & Gernot J. Müller & Sebastian Schmidt, 2021. "The Exchange Rate Insulation Puzzle," ECONtribute Discussion Papers Series 060, University of Bonn and University of Cologne, Germany.
  7. Debrun, Xavier & Masuch, Klaus & Ferrero, Guiseppe & Vansteenkiste, Isabel & Ferdinandusse, Marien & von Thadden, Leopold & Hauptmeier, Sebastian & Alloza, Mario & Derouen, Chloé & Bańkowski, Krzyszto, 2021. "Monetary-fiscal policy interactions in the euro area," Occasional Paper Series 273, European Central Bank.
  8. Flora Budianto & Taisuke Nakata & Sebastian Schmidt, 2020. "Average inflation targeting and the interest rate lower bound," BIS Working Papers 852, Bank for International Settlements.
  9. Schmidt, Sebastian & Nakata, Taisuke, 2020. "Expectations-driven liquidity traps: Implications for monetary and fiscal policy," CEPR Discussion Papers 15422, C.E.P.R. Discussion Papers.
  10. Taisuke Nakata & Sebastian Schmidt & Paul Yoo, 2020. "Speed Limit Policy and Liquidity Traps," CARF F-Series CARF-F-480, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
  11. Timothy S. Hills & Taisuke Nakata & Sebastian Schmidt, 2019. "Effective Lower Bound Risk," Finance and Economics Discussion Series 2019-077, Board of Governors of the Federal Reserve System (U.S.).
  12. Nakata, Taisuke & Ogaki, Ryota & Schmidt, Sebastian & Yoo, Paul, 2019. "Attenuating the forward guidance puzzle: implications for optimal monetary policy," Working Paper Series 2220, European Central Bank.
  13. Schmidt, Sebastian, 2018. "Time-consistent monetary policy, terms of trade manipulation and welfare in open economies," Working Paper Series 2128, European Central Bank.
  14. Coenen, Günter & Karadi, Peter & Schmidt, Sebastian & Warne, Anders, 2018. "The New Area-Wide Model II: an extended version of the ECB’s micro-founded model for forecasting and policy analysis with a financial sector," Working Paper Series 2200, European Central Bank.
  15. Taisuke Nakata & Sebastian Schmidt, 2018. "Online Appendix to "Gradualism and Liquidity Traps"," Online Appendices 17-251, Review of Economic Dynamics.
  16. Mackowiak, Bartosz & Corsetti, Giancarlo & Dedola, Luca & Schmidt, Sebastian & Jarocinski, Marek, 2017. "Macroeconomic Stabilization, Monetary-Fiscal Interactions, and Europe’s Monetary Union," CEPR Discussion Papers 12371, C.E.P.R. Discussion Papers.
  17. Schmidt, Sebastian & Nakata, Taisuke, 2016. "The risk-adjusted monetary policy rule," Working Paper Series 1985, European Central Bank.
  18. Schmidt, Sebastian & Nakata, Taisuke, 2016. "Gradualism and liquidity traps," Working Paper Series 1976, European Central Bank.
  19. Schmidt, Sebastian & Nakata, Taisuke & Hills, Timothy, 2016. "The risky steady state and the interest rate lower bound," Working Paper Series 1913, European Central Bank.
  20. Timothy S. Hills & Taisuke Nakata & Sebastian Schmidt, 2016. "The Risk of Returning to the Effective Lower Bound: An Implication for Inflation Dynamics After Lift-Off," FEDS Notes 2016-02-12-2, Board of Governors of the Federal Reserve System (U.S.).
  21. Corsetti, Giancarlo & Dedola, Luca & Jarociński, Marek & Maćkowiak, Bartosz & Schmidt, Sebastian, 2016. "Macroeconomic stabilization, monetary-fiscal interactions, and Europe’s monetary union," Working Paper Series 1988, European Central Bank.
  22. Schmidt, Sebastian, 2015. "Lack of confidence, the zero lower bound, and the virtue of fiscal rules," Working Paper Series 1795, European Central Bank.
  23. Schmidt, Sebastian & Nakata, Taisuke, 2015. "Conservatism and liquidity traps," Working Paper Series 1816, European Central Bank.
  24. de Walque, Gregory & Pisani, Massimiliano & Kilponen, Juha & Thomas, Carlos & Hlédik, Tibor & Hurtado, Samuel & Hollmayr, Josef & Corbo, Vesna & Schmidt, Sebastian & Micallef, Brian & Maria, José R. &, 2015. "Comparing fiscal multipliers across models and countries in Europe," Working Paper Series 1760, European Central Bank.
  25. Taisuke Nakata & Sebastian Schmidt, 2014. "Conservatism and Liquidity Traps," UTokyo Price Project Working Paper Series 059, University of Tokyo, Graduate School of Economics, revised Jul 2015.
  26. Schmidt, Sebastian, 2014. "Fiscal activism and the zero nominal interest rate bound," Working Paper Series 1653, European Central Bank.
  27. Burgert, Matthias & Schmidt, Sebastian, 2013. "Dealing with a liquidity trap when government debt matters: optimal time-consistent monetary and fiscal policy," Working Paper Series 1622, European Central Bank.
  28. Wieland, Volker & Cwik, Tobias & Wolters, Maik & Müller, Gernot & Schmidt, Sebastian, 2012. "A New Comparative Approach to Macroeconomic Modeling and Policy Analysis," CEPR Discussion Papers 8814, C.E.P.R. Discussion Papers.
  29. Schmidt, Sebastian & Wieland, Volker, 2012. "The new keynesian approach to dynamic general equilibrium modeling: Models, methods, and macroeconomic policy evaluation," IMFS Working Paper Series 52, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS).
  30. Schmidt, Sebastian, 2012. "Optimal monetary and fiscal policy with a zero bound on nominal interest rates," IMFS Working Paper Series 53, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS).

Articles

  1. Budianto, Flora & Nakata, Taisuke & Schmidt, Sebastian, 2023. "Average inflation targeting and the interest rate lower bound," European Economic Review, Elsevier, vol. 152(C).
  2. Taisuke Nakata & Sebastian Schmidt, 2022. "Expectations-Driven Liquidity Traps: Implications for Monetary and Fiscal Policy," American Economic Journal: Macroeconomics, American Economic Association, vol. 14(4), pages 68-103, October.
  3. Coenen, Günter & Montes-Galdón, Carlos & Schmidt, Sebastian, 2021. "Macroeconomic stabilisation and monetary policy effectiveness in a low-interest-rate environment," Journal of Economic Dynamics and Control, Elsevier, vol. 132(C).
  4. Schmidt, Sebastian, 2021. "Avoiding a self-fulfilling low-inflation trap," Research Bulletin, European Central Bank, vol. 85.
  5. Hills, Timothy S. & Nakata, Taisuke & Schmidt, Sebastian, 2019. "Effective lower bound risk," European Economic Review, Elsevier, vol. 120(C).
  6. Nakata, Taisuke & Schmidt, Sebastian, 2019. "Conservatism and liquidity traps," Journal of Monetary Economics, Elsevier, vol. 104(C), pages 37-47.
  7. Corsetti, Giancarlo & Dedola, Luca & Jarociński, Marek & Maćkowiak, Bartosz & Schmidt, Sebastian, 2019. "Macroeconomic stabilization, monetary-fiscal interactions, and Europe's monetary union," European Journal of Political Economy, Elsevier, vol. 57(C), pages 22-33.
  8. Juha Kilponen & Massimiliano Pisani & Sebastian Schmidt & Vesna Corbo & Tibor Hledik & Josef Hollmayr & Samuel Hurtado & Paulo Júlio & Dmitry Kulikov & Matthieu Lemoine & Matija Lozej & Henrik Lundval, 2019. "Comparing Fiscal Consolidation Multipliers across Models in Europe," International Journal of Central Banking, International Journal of Central Banking, vol. 15(3), pages 285-320, September.
  9. Nakata, Taisuke & Ogaki, Ryota & Schmidt, Sebastian & Yoo, Paul, 2019. "Attenuating the forward guidance puzzle: Implications for optimal monetary policy," Journal of Economic Dynamics and Control, Elsevier, vol. 105(C), pages 90-106.
  10. Taisuke Nakata & Sebastian Schmidt, 2019. "Gradualism and Liquidity Traps," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 31, pages 182-199, January.
  11. Schmidt, Sebastian, 2018. "The effective lower bound and the desirability of gradual interest rate adjustments," Research Bulletin, European Central Bank, vol. 45.
  12. Sebastian Schmidt, 2017. "Fiscal Activism and the Zero Nominal Interest Rate Bound," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 49(4), pages 695-732, June.
  13. Schmidt, Sebastian, 2016. "The effective lower bound: some implications for inflation dynamics beyond the current low interest rate environment," Research Bulletin, European Central Bank, vol. 29.
  14. Coenen, Günter & Schmidt, Sebastian, 2016. "The role of the ECB’s asset purchases in preventing a potential de-anchoring of longer-term inflation expectations," Research Bulletin, European Central Bank, vol. 25.
  15. Schmidt, Sebastian, 2016. "Lack of confidence, the zero lower bound, and the virtue of fiscal rules," Journal of Economic Dynamics and Control, Elsevier, vol. 70(C), pages 36-53.
  16. Burgert, Matthias & Schmidt, Sebastian, 2014. "Dealing with a liquidity trap when government debt matters: Optimal time-consistent monetary and fiscal policy," Journal of Economic Dynamics and Control, Elsevier, vol. 47(C), pages 282-299.
  17. Sebastian Schmidt, 2014. "Dealing with a liquidity trap when government debt matters," Research Bulletin, European Central Bank, vol. 21, pages 8-11.
  18. Sebastian Schmidt, 2013. "Optimal Monetary and Fiscal Policy with a Zero Bound on Nominal Interest Rates," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 45(7), pages 1335-1350, October.
  19. Wieland, Volker & Cwik, Tobias & Müller, Gernot J. & Schmidt, Sebastian & Wolters, Maik, 2012. "A new comparative approach to macroeconomic modeling and policy analysis," Journal of Economic Behavior & Organization, Elsevier, vol. 83(3), pages 523-541.
  20. Schmidt Sebastian, 2011. "The Cost Channel, Indeterminacy, and Price-Level versus Inflation Stabilization," The B.E. Journal of Macroeconomics, De Gruyter, vol. 11(1), pages 1-17, January.

Software components

  1. Taisuke Nakata & Sebastian Schmidt, 2018. "Code and data files for "Gradualism and Liquidity Traps"," Computer Codes 17-251, Review of Economic Dynamics.

Chapters

  1. Schmidt, Sebastian & Wieland, Volker, 2013. "The New Keynesian Approach to Dynamic General Equilibrium Modeling: Models, Methods and Macroeconomic Policy Evaluation," Handbook of Computable General Equilibrium Modeling, in: Peter B. Dixon & Dale Jorgenson (ed.), Handbook of Computable General Equilibrium Modeling, edition 1, volume 1, chapter 0, pages 1439-1512, Elsevier.

More information

Research fields, statistics, top rankings, if available.

Statistics

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Rankings

This author is among the top 5% authors according to these criteria:
  1. Number of Citations, Weighted by Simple Impact Factor, Discounted by Citation Age
  2. Number of Citations, Weighted by Recursive Impact Factor, Discounted by Citation Age
  3. Number of Citations, Weighted by Number of Authors and Recursive Impact Factors, Discounted by Citation Age
  4. Closeness measure in co-authorship network

Co-authorship network on CollEc

NEP Fields

NEP is an announcement service for new working papers, with a weekly report in each of many fields. This author has had 50 papers announced in NEP. These are the fields, ordered by number of announcements, along with their dates. If the author is listed in the directory of specialists for this field, a link is also provided.
  1. NEP-MON: Monetary Economics (44) 2014-04-05 2014-08-25 2015-01-31 2015-02-16 2015-06-05 2015-07-04 2016-01-03 2016-03-06 2016-07-16 2016-07-23 2016-08-21 2016-09-25 2016-11-27 2016-12-04 2017-01-22 2017-01-22 2017-03-05 2017-10-29 2018-04-02 2018-07-23 2018-08-13 2018-08-13 2018-11-05 2018-12-10 2019-01-21 2019-08-12 2019-08-19 2019-11-18 2020-04-20 2020-04-27 2020-06-15 2020-06-15 2020-07-20 2021-02-01 2021-02-01 2021-05-10 2021-05-24 2021-08-09 2021-09-20 2021-09-27 2021-09-27 2022-01-10 2023-03-20 2024-02-05. Author is listed
  2. NEP-MAC: Macroeconomics (41) 2012-03-28 2013-06-04 2014-04-05 2014-04-05 2014-08-25 2015-01-31 2015-02-16 2015-04-02 2015-07-04 2016-01-03 2016-03-06 2016-07-16 2016-08-21 2016-11-27 2016-12-04 2017-01-22 2017-01-22 2017-03-05 2017-10-29 2018-07-23 2018-08-13 2018-08-13 2018-12-10 2019-01-21 2019-08-12 2019-08-19 2019-11-18 2020-04-20 2020-04-27 2020-06-15 2020-07-20 2021-02-01 2021-02-01 2021-05-10 2021-05-24 2021-08-09 2021-09-20 2021-09-27 2021-09-27 2022-01-10 2024-02-05. Author is listed
  3. NEP-CBA: Central Banking (29) 2014-04-05 2014-04-05 2014-08-25 2015-01-31 2015-02-16 2015-07-04 2016-01-03 2016-08-21 2016-09-25 2016-12-04 2017-01-22 2017-01-22 2017-10-29 2018-07-23 2018-08-13 2018-08-13 2018-11-05 2018-12-10 2019-01-21 2019-08-12 2020-04-20 2020-06-15 2021-02-01 2021-05-24 2021-08-09 2021-09-27 2021-09-27 2023-03-20 2024-02-05. Author is listed
  4. NEP-EEC: European Economics (11) 2015-06-05 2017-10-29 2018-12-10 2021-02-01 2021-05-10 2021-08-09 2021-09-20 2021-09-27 2021-09-27 2022-01-10 2023-03-20. Author is listed
  5. NEP-DGE: Dynamic General Equilibrium (9) 2016-03-06 2016-07-23 2017-03-05 2019-08-12 2019-08-19 2020-04-20 2021-05-24 2021-08-09 2021-09-20. Author is listed
  6. NEP-OPM: Open Economy Macroeconomics (8) 2017-01-22 2017-10-29 2018-04-02 2019-08-12 2021-02-01 2021-02-01 2021-05-10 2022-01-10. Author is listed
  7. NEP-CWA: Central and Western Asia (3) 2021-05-10 2021-08-09 2021-09-20
  8. NEP-ISF: Islamic Finance (3) 2021-09-20 2021-09-27 2021-09-27
  9. NEP-PBE: Public Economics (3) 2014-04-05 2014-04-05 2014-08-25
  10. NEP-CMP: Computational Economics (2) 2012-03-28 2013-06-04
  11. NEP-BAN: Banking (1) 2024-02-05
  12. NEP-EUR: Microeconomic European Issues (1) 2015-04-02
  13. NEP-GER: German Papers (1) 2016-07-16
  14. NEP-IAS: Insurance Economics (1) 2015-01-31
  15. NEP-INV: Investment (1) 2024-02-05
  16. NEP-KNM: Knowledge Management and Knowledge Economy (1) 2018-07-09
  17. NEP-RMG: Risk Management (1) 2019-11-18

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