Comment on "Macroeconomic and Fiscal Consequences of Quantitative Easing" 2
In: NBER Macroeconomics Annual 2026, volume 41
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Robin Greenwood & Samuel G. Hanson & Jeremy C. Stein, 2015. "A Comparative-Advantage Approach to Government Debt Maturity," Journal of Finance, American Finance Association, vol. 70(4), pages 1683-1722, August.
- Xavier Gabaix, 2020.
"A Behavioral New Keynesian Model,"
American Economic Review, American Economic Association, vol. 110(8), pages 2271-2327, August.
- Gabaix, Xavier, 2016. "A Behavioral New Keynesian Model," CEPR Discussion Papers 11729, Centre for Economic Policy Research.
- Xavier Gabaix, 2016. "A Behavioral New Keynesian Model," NBER Working Papers 22954, National Bureau of Economic Research, Inc.
- Del Negro, Marco & Sims, Christopher A., 2015.
"When does a central bank׳s balance sheet require fiscal support?,"
Journal of Monetary Economics, Elsevier, vol. 73(C), pages 1-19.
- Christopher Sims & Marco Del Negro, 2014. "When does a central bank's balance sheet require fiscal support?," 2014 Meeting Papers 763, Society for Economic Dynamics.
- Marco Del Negro & Christopher A. Sims, 2014. "When does a central bank’s balance sheet require fiscal support?," Staff Reports 701, Federal Reserve Bank of New York.
- Cui, Wei & Sterk, Vincent, 2021. "Quantitative easing with heterogeneous agents," Journal of Monetary Economics, Elsevier, vol. 123(C), pages 68-90.
- Marco Bassetto & Todd Messer, 2013.
"Fiscal Consequences of Paying Interest on Reserves,"
Fiscal Studies, Institute for Fiscal Studies, vol. 34, pages 413-436, December.
- Marco Bassetto & Todd Messer, 2013. "Fiscal consequences of paying interest on reserves," Working Paper Series WP-2013-04, Federal Reserve Bank of Chicago.
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.- Masciandaro, Donato, 2022. "Independence, conservatism, and beyond: Monetary policy, central bank governance and central banker preferences (1981–2021)," Journal of International Money and Finance, Elsevier, vol. 122(C).
- Reis, Ricardo, 2016.
"Funding quantitative easing to target inflation,"
LSE Research Online Documents on Economics
67883, London School of Economics and Political Science, LSE Library.
- Reis, Ricardo, 2016. "Funding quantitative easing to target inflation," LSE Research Online Documents on Economics 86222, London School of Economics and Political Science, LSE Library.
- Reis, Ricardo, 2016. "Funding Quantitative Easing to Target Inflation," CEPR Discussion Papers 11505, C.E.P.R. Discussion Papers.
- Ricardo Reis, 2016. "Funding Quantitative Easing to Target Inflation," Discussion Papers 1626, Centre for Macroeconomics (CFM).
- Robert E. Hall & Ricardo Reis, 2015.
"Maintaining Central-Bank Financial Stability under New-Style Central Banking,"
NBER Working Papers
21173, National Bureau of Economic Research, Inc.
- Robert E. Hall & Ricardo Reis, 2015. "Maintaining Central-Bank Financial Stability under New-Style Central Banking," Economics Working Papers 15109, Hoover Institution, Stanford University.
- Hall, Robert, 2015. "Maintaining Central-Bank Financial Stability under New-Style Central Banking," CEPR Discussion Papers 10741, Centre for Economic Policy Research.
- Plantin, Guillaume & Barthélemy, Jean & Mengus, Eric, 2019.
"Public Liquidity Demand and Central Bank Independence,"
CEPR Discussion Papers
14160, Centre for Economic Policy Research.
- Jean Barthélemy & Eric Mengus & Guillaume Plantin, 2020. "Public Liquidity Demand and Central Bank Independence," Working papers 747, Banque de France.
- Todd Keister & Antoine Martin & James J. McAndrews, 2015. "Floor systems and the Friedman rule: the fiscal arithmetic of open market operations," Staff Reports 754, Federal Reserve Bank of New York.
- Bonciani, Dario & Oh, Joonseok, 2025.
"Optimal monetary policy mix at the zero lower bound,"
Journal of Economic Dynamics and Control, Elsevier, vol. 170(C).
- Dario Bonciani & Joonseok Oh, 2021. "Optimal monetary policy mix at the zero lower bound," Bank of England Staff Working Paper series 945, Bank of England.
- Michele Cavallo & Marco Del Negro & W. Scott Frame & Jamie Grasing & Benjamin A. Malin & Carlo Rosa, 2019.
"Fiscal Implications of the Federal Reserve's Balance Sheet Normalization,"
International Journal of Central Banking, International Journal of Central Banking, vol. 15(5), pages 255-306, December.
- Michele Cavallo & Marco Del Negro & W. Scott Frame & Jamie Grasing & Benjamin A. Malin & Carlo Rosa, 2018. "Fiscal Implications of the Federal Reserve's Balance Sheet Normalization," FRB Atlanta Working Paper 2018-7, Federal Reserve Bank of Atlanta.
- Michele Cavallo & Marco Del Negro & W. Scott Frame & Jamie Grasing & Benjamin A. Malin & Carlo Rosa, 2018. "Fiscal implications of the Federal Reserve's balance sheet normalization," Staff Reports 833, Federal Reserve Bank of New York.
- Michele Cavallo & Marco Del Negro & W. Scott Frame & Jamie Grasing & Benjamin A. Malin & Carlo Rosa, 2018. "Fiscal Implications of the Federal Reserve’s Balance Sheet Normalization," FEDS Notes 2017-01-09, Board of Governors of the Federal Reserve System (U.S.).
- Michele Cavallo & Marco Del Negro & W. Scott Frame & Jamie Grasing & Benjamin A. Malin & Carlo Rosa, 2018. "Fiscal Implications of the Federal Reserve's Balance Sheet Normalization," Finance and Economics Discussion Series 2018-002, Board of Governors of the Federal Reserve System (U.S.).
- Michele Cavallo & Marco Del Negro & W. Scott Frame & Jamie Grasing & Benjamin A. Malin & Carlo Rosa, 2018. "Fiscal Implications of the Federal Reserve’s Balance Sheet Normalization," Liberty Street Economics 20180109, Federal Reserve Bank of New York.
- Michele Cavallo & Marco Del Negro & W. Scott Frame & Jamie Grasing & Benjamin A. Malin & Carlo Rosa, 2018. "Fiscal Implications of the Federal Reserve’s Balance Sheet Normalization," FEDS Notes 2018-01-09-2, Board of Governors of the Federal Reserve System (U.S.).
- Michele Cavallo & Marco Del Negro & W. Scott Frame & Jamie Grasing & Benjamin A. Malin & Carlo Rosa, 2018. "Fiscal Implications of the Federal Reserve's Balance Sheet Normalization," Working Papers 747, Federal Reserve Bank of Minneapolis.
- Bofinger, Peter & Feld, Lars P. & Schmidt, Christoph M. & Schnabel, Isabel & Wieland, Volker, 2018. "Vor wichtigen wirtschaftspolitischen Weichenstellungen. Jahresgutachten 2018/19 [Setting the Right Course for Economic Policy. Annual Report 2018/19]," Annual Economic Reports / Jahresgutachten, German Council of Economic Experts / Sachverständigenrat zur Begutachtung der gesamtwirtschaftlichen Entwicklung, volume 127, number 201819.
- Bonciani, Dario & Oh, Joonseok, 2026.
"Unemployment risk, liquidity traps, and monetary policy,"
Journal of Economic Dynamics and Control, Elsevier, vol. 182(C).
- Dario Bonciani & Joonseok Oh, 2021. "Unemployment risk, liquidity traps and monetary policy," Bank of England Staff Working Paper series 920, Bank of England.
- Christiaan van der Kwaak, 2024. "Monetary financing does not produce miraculous fiscal multipliers," Discussion Papers 2417, Centre for Macroeconomics (CFM).
- Bonam, Dennis & Ciccarelli, Matteo & Gomes, Sandra & Aldama, Pierre & Bańkowski, Krzysztof & Buss, Ginters & da Costa, José Cardoso & Christoffel, Kai & Elfsbacka Schmöller, Michaela & Jacquinot, Pasc, 2024. "Challenges for monetary and fiscal policy interactions in the post-pandemic era," Occasional Paper Series 337, European Central Bank.
- Reis, Ricardo, 2015. "Comment on: “when does a central bank’s balance sheet require fiscal support?” by Marco Del Negro and Christopher A. Sims," LSE Research Online Documents on Economics 65867, London School of Economics and Political Science, LSE Library.
- Chafwehé, Boris & de Beauffort, Charles & Oikonomou, Rigas, 2026.
"Managing the inflation-output trade-off with public debt portfolios,"
Journal of Economic Dynamics and Control, Elsevier, vol. 183(C).
- Charles de Beauffort & Boris Chafwehé & Rigas Oikonomou, 2024. "Managing the inflation-output trade-off with public debt portfolios," Working Paper Research 450, National Bank of Belgium.
- Aguilar, Pablo & Vázquez, Jesús, 2025. "Multi-period Euler-equation learning and term structure," Economic Modelling, Elsevier, vol. 153(C).
- 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.
- Pierpaolo Benigno & Salvatore Nisticò, 2020.
"Non-neutrality of Open-Market Operations,"
American Economic Journal: Macroeconomics, American Economic Association, vol. 12(3), pages 175-226, July.
- Benigno, Pierpaolo & Nistico, Salvatore, 2015. "Non-Neutrality of Open-Market Operations," CEPR Discussion Papers 10594, Centre for Economic Policy Research.
- Salvatore Nistico & Pierpaolo Benigno, 2017. "Non-Neutrality of Open Market Operations," 2017 Meeting Papers 574, Society for Economic Dynamics.
- Bonciani, Dario & Oh, Joonseok, 2023.
"Revisiting the New Keynesian policy paradoxes under QE,"
European Economic Review, Elsevier, vol. 154(C).
- Dario Bonciani & Joonseok Oh, 2021. "Revisiting the New Keynesian policy paradoxes under QE," Bank of England Staff Working Paper series 908, Bank of England.
- Niwa, Hidekazu, 2024. "Exiting from quantitative easing in an era of large government debt: Inflation or default?," Economics Letters, Elsevier, vol. 234(C).
- Manuel Amador & Javier Bianchi, 2023.
"Helicopter Drops and Liquidity Traps,"
NBER Working Papers
31046, National Bureau of Economic Research, Inc.
- Manuel Amador & Javier Bianchi, 2023. "Helicopter Drops and Liquidity Traps," Working Papers 797, Federal Reserve Bank of Minneapolis.
Corrections
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:nbr:nberch:15423. 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: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/nberrus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.
Printed from https://ideas.repec.org/h/nbr/nberch/15423.html