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Sebastian Schmidt

Personal Details

First Name:Sebastian
Middle Name:
Last Name:Schmidt
Suffix:
RePEc Short-ID:psc448
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 & Mackowiak, Bartosz, 2022. "Passive Monetary Policy and Active Fiscal Policy in a Monetary Union," CEPR Discussion Papers 17034, C.E.P.R. Discussion Papers.
  2. 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.
  3. Coenen, Günter & Montes-Galdón, Carlos & Schmidt, Sebastian, 2021. "Macroeconomic stabilisation and monetary policy effectiveness in a low-interest-rate environment," Working Paper Series 2572, European Central Bank.
  4. Corsetti, G. & Kuester, K. & Müller, G. J. & Schmidt, S., 2021. "The Exchange Rate Insulation Puzzle," Cambridge Working Papers in Economics 2109, Faculty of Economics, University of Cambridge.
  5. 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.
  6. Nakata, Taisuke & Schmidt, Sebastian & Budianto, Flora, 2020. "Average inflation targeting and the interest rate lower bound," Working Paper Series 2394, European Central Bank.
  7. 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.).
  8. Nakata, Taisuke & Schmidt, Sebastian, 2019. "Expectations-driven liquidity traps: implications for monetary and fiscal policy," Working Paper Series 2304, European Central Bank.
  9. Schmidt, Sebastian, 2018. "Time-consistent monetary policy, terms of trade manipulation and welfare in open economies," Working Paper Series 2128, European Central Bank.
  10. 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.
  11. Taisuke Nakata & Sebastian Schmidt, 2018. "Online Appendix to "Gradualism and Liquidity Traps"," Online Appendices 17-251, Review of Economic Dynamics.
  12. Taisuke Nakata & Ryota Ogaki & Sebastian Schmidt & Paul Yoo, 2018. "Attenuating the Forward Guidance Puzzle : Implications for Optimal Monetary Policy," Finance and Economics Discussion Series 2018-049, Board of Governors of the Federal Reserve System (U.S.).
  13. Taisuke Nakata & Sebastian Schmidt & Paul Yoo, 2018. "Speed Limit Policy and Liquidity Traps," IMES Discussion Paper Series 18-E-06, Institute for Monetary and Economic Studies, Bank of Japan.
  14. 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.
  15. Timothy S. Hills & Taisuke Nakata & Sebastian Schmidt, 2016. "The Risky Steady State and the Interest Rate Lower Bound," Finance and Economics Discussion Series 2016-9, Board of Governors of the Federal Reserve System (U.S.).
  16. Schmidt, Sebastian & Nakata, Taisuke, 2016. "Gradualism and liquidity traps," Working Paper Series 1976, European Central Bank.
  17. Taisuke Nakata & Sebastian Schmidt, 2016. "The Risk-Adjusted Monetary Policy Rule," Finance and Economics Discussion Series 2016-061, Board of Governors of the Federal Reserve System (U.S.).
  18. 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.).
  19. 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.
  20. Schmidt, Sebastian, 2015. "Lack of confidence, the zero lower bound, and the virtue of fiscal rules," Working Paper Series 1795, European Central Bank.
  21. 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.
  22. Taisuke Nakata & Sebastian Schmidt, 2014. "Conservatism and Liquidity Traps," Finance and Economics Discussion Series 2014-105, Board of Governors of the Federal Reserve System (U.S.).
  23. Schmidt, Sebastian, 2014. "Fiscal activism and the zero nominal interest rate bound," Working Paper Series 1653, European Central Bank.
  24. 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.
  25. 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.
  26. 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).
  27. 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. 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.
  2. 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).
  3. Schmidt, Sebastian, 2021. "Avoiding a self-fulfilling low-inflation trap," Research Bulletin, European Central Bank, vol. 85.
  4. Hills, Timothy S. & Nakata, Taisuke & Schmidt, Sebastian, 2019. "Effective lower bound risk," European Economic Review, Elsevier, vol. 120(C).
  5. Nakata, Taisuke & Schmidt, Sebastian, 2019. "Conservatism and liquidity traps," Journal of Monetary Economics, Elsevier, vol. 104(C), pages 37-47.
  6. 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.
  7. 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.
  8. 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.
  9. 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.
  10. Schmidt, Sebastian, 2018. "The effective lower bound and the desirability of gradual interest rate adjustments," Research Bulletin, European Central Bank, vol. 45.
  11. 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.
  12. 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.
  13. 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.
  14. 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.
  15. 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.
  16. Sebastian Schmidt, 2014. "Dealing with a liquidity trap when government debt matters," Research Bulletin, European Central Bank, vol. 21, pages 8-11.
  17. 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.
  18. 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.
  19. 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. Number of Abstract Views in RePEc Services over the past 12 months
  5. Number of Downloads through RePEc Services over the past 12 months
  6. 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 48 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 (42) 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. Author is listed
  2. NEP-MAC: Macroeconomics (40) 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. Author is listed
  3. NEP-CBA: Central Banking (27) 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. Author is listed
  4. NEP-EEC: European Economics (10) 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. 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 & 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-EUR: Microeconomic European Issues (1) 2015-04-02
  12. NEP-GER: German Papers (1) 2016-07-16
  13. NEP-IAS: Insurance Economics (1) 2015-01-31
  14. NEP-KNM: Knowledge Management & Knowledge Economy (1) 2018-07-09
  15. NEP-RMG: Risk Management (1) 2019-11-18

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