Research classified by Journal of Economic Literature (JEL) codes

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Top JEL
/ E: Macroeconomics and Monetary Economics
/ / E5: Monetary Policy, Central Banking, and the Supply of Money and Credit
/ / / E52: Monetary Policy

2003

• Ulf Soderstrom & Richard Dennis, 2003, "How Important is Precommitment for Monetary Policy?," Computing in Economics and Finance 2003, Society for Computational Economics, number 49, Aug.
• Maik Heinemann, 2003, "Indeterminacy and interest rate rules: The role of fiscal policy," Computing in Economics and Finance 2003, Society for Computational Economics, number 55, Aug.
• I-Lok Chang & P.A.V.B. Swamy & George S. Tavlas, 2003, "How stable are monetary policy rules: Estimating the time-varying coefficients in a monetary policy reaction function for the U.S," Computing in Economics and Finance 2003, Society for Computational Economics, number 89, Aug.
• Rochelle Edge & Thomas Laubach, 2003, "The Optimal Monetary Policy Response to Shifts in Trend MFP Growth: A DGE Analysis," Computing in Economics and Finance 2003, Society for Computational Economics, number 93, Aug.
• Hans-Eggert Reimers, 2003, "Does Money Include Information for Output in the Euro Area?," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), volume 139, issue II, pages 231-252, June.
• Michael Gail, 2003, "Habit Persistence in Consumption in a Sticky Price Model of the Business Cycle," Volkswirtschaftliche Diskussionsbeiträge, Universität Siegen, Fakultät Wirtschaftswissenschaften, Wirtschaftsinformatik und Wirtschaftsrecht, number 111-03, Jul, revised Jul 2004.
• Mathias Zurlinden, 2005, "Credit in the monetary transmission mechanism: An overview of some recent research using Swiss data," Economic Studies, Swiss National Bank, number 2005-01.
• Fabio C. Bagliano & Claudio Morana, 2003, "A common trends model of UK core inflation," Empirical Economics, Springer, volume 28, issue 1, pages 157-172, January, DOI: 10.1007/s001810100124.
• Maurizio Motolese, 2003, "Endogenous uncertainty and the non-neutrality of money," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), volume 21, issue 2, pages 317-345, March, DOI: 10.1007/s00199-002-0293-8.
• Christian Ghiglino & Karl Shell, 2003, "The economic effects of restrictions on government budget deficits: imperfect private credit markets," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), volume 21, issue 2, pages 399-421, March, DOI: 10.1007/s00199-002-0288-5.
• Hakan Berument & Burak Doan, 2003, "Openness and the effectiveness of monetary policy: empirical evidence from Turkey," Applied Economics Letters, Taylor & Francis Journals, volume 10, issue 4, pages 217-221, DOI: 10.1080/1350485022000015842.
• Tao Wu, 2003, "Stylized facts on nominal term structure and business cycles: an empirical VAR study," Applied Economics, Taylor & Francis Journals, volume 35, issue 8, pages 901-906, DOI: 10.1080/0003684022000018204.
• Elio Londero, 2003, "Trade liberalization and adjustment in Argentina," The Journal of International Trade & Economic Development, Taylor & Francis Journals, volume 12, issue 3, pages 225-246, DOI: 10.1080/0963819032000132094.
• Kenneth West, 2003, "Monetary policy and the volatility of real exchange rates in New Zealand," New Zealand Economic Papers, Taylor & Francis Journals, volume 37, issue 2, pages 175-196, DOI: 10.1080/00779950309544383.
• A. Hakan Kara, 2003, "Optimal Monetary Policy, Commitment, and Imperfect Credibility," Working Papers, Research and Monetary Policy Department, Central Bank of the Republic of Turkey, number 0301.
• Jan Marc Berk & Beata K. Bierut, 2003, "Committee Structure and its Implications for Monetary Policy Decision-making," Tinbergen Institute Discussion Papers, Tinbergen Institute, number 03-053/2, Jun.
• Schaling, E., 2003, "Learning, Inflation Reduction and Optimal Monetary Policy," Discussion Paper, Tilburg University, Center for Economic Research, number 2003-74.
• Peter van Els & Alberto Locarno & Benoît Mojon & Julian Morgan, 2003, "New Macroeconomic Evidence on Monetary Policy Transmission in the Euro Area," Journal of the European Economic Association, MIT Press, volume 1, issue 2-3, pages 720-730, 04/05.
• Jean-Bernard Chatelain & Michael Ehrmann & Andrea Generale & Jorge Martínez-Pagés & Philip Vermeulen & Andreas Worms, 2003, "Monetary Policy Transmission in the Euro Area: New Evidence From Micro Data on Firms and Banks," Journal of the European Economic Association, MIT Press, volume 1, issue 2-3, pages 731-742, 04/05.
• Jon Faust & John H. Rogers & Eric Swanson & Jonathan H. Wright, 2003, "Identifying the Effects of Monetary Policy Shocks on Exchange Rates Using High Frequency Data," Journal of the European Economic Association, MIT Press, volume 1, issue 5, pages 1031-1057, September.
• Thomas Laubach & John C. Williams, 2003, "Measuring the Natural Rate of Interest," The Review of Economics and Statistics, MIT Press, volume 85, issue 4, pages 1063-1070, November.
• Khalid Sekkat & Marco Buti & Carlos Martinez-Mongay & Paul van den Noord, 2003, "Automatic fiscal stabilisers in EMU: a conflict between efficiency and stabilization?," ULB Institutional Repository, ULB -- Universite Libre de Bruxelles, number 2013/7354.
• Meixing Dai & Moïse Sidiropoulos, 2003, "Règle du taux d’intérêt optimale, prix des actions et taux d’inflation anticip? : une étude de la stabilit? macroéconomique," Bulletin de l'Observatoire des politiques économiques en Europe, Observatoire des Politiques Économiques en Europe (OPEE), volume 0, issue 4, pages 115-140, December.
• Giuseppe Diana & Moise Sidiropoulos, 2003, "Central Bank Independence, Speed of Disinflation and the Sacrifice Ratio," Working Papers of BETA, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg, number 2003-08.
• Joe Haslag & R.W. Hafer & Garett Jones, 2003, "The Effect of Monetary Policy on Economic Output," Working Papers, Department of Economics, University of Missouri, number 0311, Sep.
• Antonio Moreno, 2003, "Reaching Inflation Stability," Faculty Working Papers, School of Economics and Business Administration, University of Navarra, number 13/03, Nov.
• Seonghoon Cho & Antonio Moreno, 2003, "A Structural Estimation and Interpretation of the New Keynesian Macro Model," Faculty Working Papers, School of Economics and Business Administration, University of Navarra, number 14/03, Nov.
• Javier Díaz-Giménez & Giorgia Giovannetti & Ramon Marimon & Pedro Teles, 2003, "Nominal debt as a burden on monetary policy," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 841, Jan, revised Jan 2006.
• Fabio Canova & Luca Gambetti, 2003, "Structural changes in the US economy: is there a role for monetary policy?," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 918, May, revised Apr 2008.
• Joerg Baumberger, 2003, "Aligning basic to intermediate macroeconomics to current central bank practice - new suggestions and some unfinished business," University of St. Gallen Department of Economics working paper series 2003, Department of Economics, University of St. Gallen, number 2003-10, Apr.
• Serena Sordi & Alessandro Vercelli, 2003, "Financial Fragility and Economic Fluctuations: Numerical Simulations and Policy Implications," Department of Economics University of Siena, Department of Economics, University of Siena, number 407, Oct.
• Timothy Kam, 2003, "The Value of Interest-rate Smoothing in a Forward-looking Small Open Economy," Economics Discussion / Working Papers, The University of Western Australia, Department of Economics, number 03-12.
• Timothy Kam, 2003, "Optimal Flexible Inflation Targeting, Interest-rate Smoothing and the Open Economy," Economics Discussion / Working Papers, The University of Western Australia, Department of Economics, number 03-26.
• Andrew Hughes Hallett & Diana N. Weymark, 2003, "Independent Monetary Policies and Social Equality," Vanderbilt University Department of Economics Working Papers, Vanderbilt University Department of Economics, number 0307, Apr.
• Diana N. Weymark, 2003, "Economic Structure, Policy Objectives, and Optimal Interest Rate Policy at Low Inflation Rates," Vanderbilt University Department of Economics Working Papers, Vanderbilt University Department of Economics, number 0310, May.
• Marco MAZZOLI, 2003, "An Inquiry on Heterogeneity in Lending and Lending Rates," Rivista Internazionale di Scienze Sociali, Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore, volume 111, issue 1, pages 39-76.
• Giovanni Verga, 2003, "II cambio dollaro/euro: fatti e interpretazioni," Rivista Internazionale di Scienze Sociali, Vita e Pensiero, Pubblicazioni dell'Universita' Cattolica del Sacro Cuore, volume 111, issue 2, pages 319-337.
• Berk, J.M. & Bierut, B.K., 2003, "Committee structure and its implications for monetary policy decision-making," Serie Research Memoranda, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics, number 0006.
• Luigi Bonatti, 2003, "'Soft' growth and the role of monetary policy in selecting the long-run equilibrium path," Working Papers (-2012), University of Bergamo, Department of Economics, number 0306.
• Alexandros Kontonikas & Christos Ioannidis, 2003, "Should Monetary Policy Respond to Asset Price Misalignments?," Economics and Finance Discussion Papers, Economics and Finance Section, School of Social Sciences, Brunel University, number 03-19, Jun.
• Alexandros Kontonikas & Alberto Montagnoli, 2003, "Optimal Monetary Policy and Asset Price Misalignments," Economics and Finance Discussion Papers, Economics and Finance Section, School of Social Sciences, Brunel University, number 03-22, Nov.
• Alexandros Kontonikas & Christos Ioannidis, 2003, "Should Monetary Policy Respond to Asset Price Misalignments?," Public Policy Discussion Papers, Economics and Finance Section, School of Social Sciences, Brunel University, number 03-19, Jun.
• Alexandros Kontonikas & Alberto Montagnoli, 2003, "Optimal Monetary Policy and Asset Price Misalignments," Public Policy Discussion Papers, Economics and Finance Section, School of Social Sciences, Brunel University, number 03-22, Nov.
• Virginie Coudert & Cécile Couharde, 2003, "Exchange Rate Regimes and Sustainable Parities for ceecs in the Run-up to emu Membership," Revue économique, Presses de Sciences-Po, volume 54, issue 5, pages 983-1012.
• Daniel Laskar, 2003, "Réaction des banques centrales aux prix des actifs financiers et au taux de change," Revue économique, Presses de Sciences-Po, volume 54, issue 6, pages 1187-1212.
• Jean-Pascal Bénassy, 2003, "Staggered contracts and persistence : microeconomic foundations and macroeconomic dynamics," Recherches économiques de Louvain, De Boeck Université, volume 69, issue 2, pages 125-144.
• Ludovic Aubert & Stéphane Adjemian, 2003, "Cible d'inflation ou de niveau de prix : quelle option retenir pour la banque centrale dans un environnement « Nouveau Keynésien » ?," Recherches économiques de Louvain, De Boeck Université, volume 69, issue 3, pages 293-317.
• Chadha, J.S. & Nolan, C., 2003, "On the Interaction of Monetary and Fiscal Policy," Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge, number 0303, Jan, DOI: 10.17863/CAM.5361.
• Amir Kia & Ali F. Darrat, 2003, "Modeling Money Demand under the Profit-Sharing Banking Scheme: Evidence on Policy Invariance and Long-Run Stability," Carleton Economic Papers, Carleton University, Department of Economics, number 03-13, Nov, revised Apr 2007.
• Kristin Van Gaasback & Kevin Salyer, 2003, "A New Application of Taylor Rules: Model Evaluation," Working Papers, University of California, Davis, Department of Economics, number 221, Jan.
• Fatum, Rasmus & Scholnick, Barry, 2003, "Do Exchange Rates Respond to Day-to-Day Changes in Monetary Policy Expectations? Evidence from the Federal Funds Futures Market," Santa Cruz Center for International Economics, Working Paper Series, Center for International Economics, UC Santa Cruz, number qt4cc3291n, May.
• Walsh, Carl E., 2003, "Labor Market Search, Sticky Prices, and Interest Rate Policies," Santa Cruz Center for International Economics, Working Paper Series, Center for International Economics, UC Santa Cruz, number qt6tg550dv, Mar.
• Jesús Rodríguez López & Hugo Rodríguez Mendizábal, 2003, "How Tight Should Central Bank’s Hands be Tied? Credibility, Volatility and the Optimal Band Width of a Target Zone," Economic Working Papers at Centro de Estudios Andaluces, Centro de Estudios Andaluces, number E2003/24.
• Julide Yildirim, 2003, "Currency Substitution and the Demand for Money in Five European Union Countries," Journal of Applied Economics, Universidad del CEMA, volume 6, pages 361-383, November.
• Burkhard Heer & Bernd Süssmuth, 2003, "Cold Progression and its Effects on Income Distribution," CESifo Working Paper Series, CESifo, number 951.
• Ulrich Blum & Frank Leibbrand, 2003, "Mittelstand und Basel II : welche Unterstützung braucht der sächsische Mittelstand?," ifo Dresden berichtet, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, volume 10, issue 02, pages 17-28, June.
• Adam S. Posen, 2003, "Did Monetary Laxity in Japan Cause the Bubble?," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, volume 4, issue 04, pages 21-26, October.
• Frank Westermann, 2003, "Zur Kreditklemme: Ein Vergleich zwischen Japan und Deutschland," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, volume 56, issue 01, pages 33-37, January.
• Georg Erber, 2003, "Deflationsgefahr in Deutschland und die Geldpolitik der EZB," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, volume 56, issue 11, pages 3-9, June.
• Timo Wollmershäuser, 2003, "Sterilisierte Devisenmarktinterventionen - ein umstrittenes währungspolitisches Instrument," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, volume 56, issue 19, pages 34-44, October.
• Martin Meurers, 2003, "USA - Expansive Geld- und Finanzpolitik ebnet den Weg für kräftigen Aufschwung," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, volume 56, issue 23, pages 35-44, December.
• Jose De Gregorio, 2003, "Productivity Growth and Disinflation in Chile," Working Papers Central Bank of Chile, Central Bank of Chile, number 246, Dec.
• Michel Aglietta & Camille Baulant & Sandra Moatti, 2003, "Les PECO devant la tentation de l'euro," Economie Internationale, CEPII research center, issue 93, pages 11-36.
• Alexis Garatti, 2003, "Implications des chocs communs et specifiques pour le federalisme budgetaire europeen," Economie Internationale, CEPII research center, issue 93, pages 89-116.
• Ludovic Aubert, 2003, "Les indices des conditions monetaires," Economie Internationale, CEPII research center, issue 96, pages 63-102.
• Agnès Bénassy-Quéré & Amina Lahrèche-Revil & Françoise Lemoine, 2003, "Should the Yuan be Revalued?," La Lettre du CEPII, CEPII research center, issue 227.
• Jean-Marie Dufour & Denis Pelletier & Eric Renault, 2003, "Short Run and Long Run Causality in Time Series: Inference," CIRANO Working Papers, CIRANO, number 2003s-61, Sep.
• Ali Dib, 2003, "An estimated Canadian DSGE model with nominal and real rigidities," Canadian Journal of Economics, Canadian Economics Association, volume 36, issue 4, pages 949-972, November, DOI: 10.1111/1540-5982.t01-3-00008.
• Gerhard Sorger, 2003, "Policy rule Nash equilibria," Canadian Journal of Economics, Canadian Economics Association, volume 36, issue 4, pages 973-992, November, DOI: 10.1111/1540-5982.t01-3-00009.
• Marc P. Giannoni & Michael Woodford, 2003, "Optimal Interest-Rate Rules: I. General Theory," Levine's Bibliography, UCLA Department of Economics, number 506439000000000384, Mar.
• Marc P. Giannoni & Michael Woodford, 2003, "Optimal Interest-Rate Rules: II. Applications," Levine's Bibliography, UCLA Department of Economics, number 506439000000000394, Mar.
• Jeffery Amato & Hyun Song Shin, 2003, "Public and Private Information in Monetary Policy Models," Levine's Bibliography, UCLA Department of Economics, number 666156000000000092, Aug.
• Michal Skorepa & Viktor Kotlan, 2003, "Inflation Targeting: To Forecast or to Simulate?," Research and Policy Notes, Czech National Bank, Research and Statistics Department, number 2003/01, Jan.
• Katerina Smidkova, 2003, "Targeting Inflation under Uncertainty: Policy Makers' Perspective," Research and Policy Notes, Czech National Bank, Research and Statistics Department, number 2003/02, Apr.
• Martin Cihak & Tomas Holub, 2003, "Price Convergence to the EU: What Do the 1999 ICP Data Tell Us?," Working Papers, Czech National Bank, Research and Statistics Department, number 2003/02, Feb.
• Tomas Holub & Martin Cihak, 2003, "Price Convergence: What Can the Balassa-Samuelson Model Tell Us?," Working Papers, Czech National Bank, Research and Statistics Department, number 2003/08, Dec.
• Lubos Komarek & Zdenek Cech & Roman Horvath, 2003, "Optimum Currency Area Indices - How Close is the Czech Republic to the Eurozone?," Working Papers, Czech National Bank, Research and Statistics Department, number 2003/10, Dec.
• Lubos Komarek & Zdenek Cech, Roman Horvath, 2003, "ERM II Membership - the View of the Accession Countries," Working Papers, Czech National Bank, Research and Statistics Department, number 2003/11, Dec.
• Tibor Hledik, 2003, "Modelling the Second-Round Effects of Supply-Side Shocks on Inflation," Working Papers, Czech National Bank, Research and Statistics Department, number 2003/12, Dec.
• Sergio Clavijo & Carlos Varela, 2003, "Flotaci�n Cambiaria y Esterilizaci�n Monetaria: La Experiencia de Colombia," Borradores de Economia, Banco de la Republica, number 2732, Aug.
• Javier G. Gómez-Pineda, 2003, "Wage Indexation, Inflation Inertia, and the Cost of Disinflation," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República.
• Javier Gómez., 2003, "Wage Indexation, Inflation Inertia, and the Cost of Disinflation," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, volume 21, issue 43, pages 66-85, DOI: 10.32468/Espe.4303.
• Hernán Rincón & Jenny Berthel & Miguel G�mez, 2003, "Balance fiscal estructural y cíclico del gobierno nacional central de Colombia, 1980-200," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, volume 21, issue 44, pages 12-62, DOI: 10.32468/Espe.4401.
• Armando Baqueiro & Alejandro D�az de Le�n & Alberto Torres, 2003, "¿Temor a la flotación o a la inflación? La importancia del “traspaso” del tipo de cambio a los precios," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, volume 21, issue 44, pages 64-94, DOI: 10.32468/Espe.4402.
• Carlos A. Arango & �ngela Milena Rojas, 2003, "Demanda laboral y reforma comercial en el sector manufacturero colombiano: 1977-1999," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, volume 21, issue 44, pages 96-154, DOI: 10.32468/Espe.4403.
• Leopoldo Fergusson & Juan Fernando Vargas, 2003, "Dolarizar, flotar, callar," Revista Ecos de Economía, Universidad EAFIT.
• Correia, Isabel & Teles, Pedro & Nicolini, Juan Pablo, 2003, "Optimal Fiscal and Monetary Policy: Equivalence Results," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3730, Feb.
• Beetsma, Roel & Bovenberg, Lans, 2003, "Political Shocks, Public Debt and the Design of Monetary and Fiscal Institutions," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3753, Feb.
• Cukierman, Alex & Gerlach, Stefan, 2003, "The Inflation Bias Revisited: Theory and Some International Evidence," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3761, Feb.
• Nelson, Edward & Kara, Amit, 2003, "The Exchange Rate and Inflation in the UK," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3783, Feb.
• Ravn, Morten & Sola, Martin & Psaradakis, Zacharias, 2003, "Markov Switching Causality and the Money-Output Relationship," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3803, Feb.
• Wieland, Volker, 2003, "Monetary Policy and Uncertainty about the Natural Unemployment Rate," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3811, Mar.
• Levin, Andrew & Coenen, Günter & Wieland, Volker, 2003, "Data Uncertainty and the Role of Money as an Information Variable for Monetary Policy," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3812, Mar.
• Honkapohja, Seppo & Evans, George W., 2003, "Freidman's Money Supply Rule versus Optimal Interest Rate Policy," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3883, May.
• Coenen, Günter & Orphanides, Athanasios & Wieland, Volker, 2003, "Price Stability and Monetary Policy Effectiveness when Nominal Interest Rates are Bounded at Zero," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3892, May.
• Coricelli, Fabrizio & Jazbec, BoÅ¡tjan & Masten, Igor, 2003, "Exchange Rate Pass-Through in Candidate Countries," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3894, May.
• Coenen, Günter & Wieland, Volker, 2003, "The Zero-Interest Rate Bound and the Role of the Exchange Rate for Monetary Policy in Japan," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3895, May.
• Nelson, Edward, 2003, "The Future of Monetary Aggregates in Monetary Policy Analysis," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3897, May.
• Nelson, Edward, 2003, "Money and the Transmission Mechanism in the Optimizing IS-LM Specification," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3898, May.
• Weder, Mark, 2003, "Taylor Rules in Practice: How Central Banks can Intercept Sunspot Expectations," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3899, May.
• Kilian, Lutz & Manganelli, Simone, 2003, "The Central Banker as a Risk Manager: Quantifying and Forecasting Inflation Risks," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3918, Jun.
• Honkapohja, Seppo & Evans, George W., 2003, "Policy Interaction, Expectation and Liquidity Trap," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3925, Jun.
• Benhabib, Jess & Uribe, Martín & Schmitt-Grohé, Stephanie, 2003, "Backward-Looking Interest Rate Rules, Interest Rate Smoothing and Macroeconomic Instability," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3928, Jun.
• Vredin, Anders & Söderlind, Paul & Söderström, Ulf, 2003, "Taylor Rules and the Predictability of Interest Rates," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3934, May.
• Minford, Patrick & Srinivasan, Naveen, 2003, "Understanding the Opportunistic Approach to Disinflation," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3938, Jun.
• Honkapohja, Seppo & Evans, George W., 2003, "Adaptive Learning and Monetary Policy Design," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 3962, Jul.
• Beetsma, Roel & Jensen, Henrik, 2003, "Mark-Up Fluctuations and Fiscal Policy Stabilization in a Monetary Union," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 4020, Aug.
• Aksoy, Yunus & Orphanides, Athanasios & Wieland, Volker & Wilcox, David & Small, David, 2003, "A Quantitative Exploration of the Opportunistic Approach to Disinflation," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 4073, Sep.
• Dellas, Harris & Collard, Fabrice, 2003, "The Case for Inflation Stability," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 4082, Oct.
• Dellas, Harris & Collard, Fabrice, 2003, "Poole in the New Keynesian Model," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 4083, Oct.
• Farmer, Roger & Beyer, Andreas, 2003, "Identifying the Monetary Transmission Mechanism Using Structural Breaks," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 4106, Nov.
• Adam, Klaus & Billi, Roberto, 2003, "Optimal Monetary Policy Under Commitment with a Zero Bound on Nominal Interest Rates," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 4111, Nov.
• Chadha, Jagjit S & Sarno, Lucio & Valente, Giorgio, 2003, "Monetary Policy Rules, Asset Prices and Exchange Rates," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 4114, Nov.
• Hughes Hallett, Andrew & Demertzis, Maria, 2003, "Three Models of Imperfect Transparency in Monetary Policy," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 4117, Nov.
• Honkapohja, Seppo & Mitra, Kaushik, 2003, "Performance of Inflation Targeting Based on Constant Interest Rate Projections," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 4126, Dec.
• Ellison, Martin, 2003, "The Learning Cost of Interest Rate Reversals," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 4135, Dec.
• Gersbach, Hans & Hahn, Volker, 2003, "Signalling and Commitment: Monetary versus Inflation Targeting," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 4151, Dec.
• Jean-Pascal BENASSY, 2003, "Staggered contracts and persistence : microeconomic foundations and macroeconomic dynamics," Discussion Papers (REL - Recherches Economiques de Louvain), Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES), number 2003021, Jun.
• Ludovic AUBERT & Stéphane ADJEMIAN, 2003, "Cible d’inflation ou de niveau de prix : quelle option retenir pour la banque centrale dans un environnement “Nouveau Keynésien”?," Discussion Papers (REL - Recherches Economiques de Louvain), Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES), number 2003033, Sep.
• Carmen M. Reinhart & Kenneth S. Rogoff & Miguel A. Savastano, 2003, "Addicted to Dollars," CEMA Working Papers, China Economics and Management Academy, Central University of Finance and Economics, number 594, Oct.
• Neiss, Katharine S. & Nelson, Edward, 2003, "The Real-Interest-Rate Gap As An Inflation Indicator," Macroeconomic Dynamics, Cambridge University Press, volume 7, issue 2, pages 239-262, April.
• Kaas, Leo & Weinrich, Gerd, 2003, "Money And Growth In A Production Economy With Multiple Assets," Macroeconomic Dynamics, Cambridge University Press, volume 7, issue 5, pages 670-690, November.
• Lütkepohl, Helmut & Wolters, Jürgen, 2003, "Transmission Of German Monetary Policy In The Pre-Euro Period," Macroeconomic Dynamics, Cambridge University Press, volume 7, issue 5, pages 711-733, November.
• Lütkepohl, Helmut & Wolters, Jürgen, 2003, "Transmission Of German Monetary Policy In The Pre-Euro Period," Macroeconomic Dynamics, Cambridge University Press, volume 7, issue 5, pages 711-733, November.
• Camille Logeay & Silke Tober, 2003, "Time-varying Nairu and Real Interest Rates in the Euro Area," Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research, number 351.
• Peter Bofinger & Eric Mayer, 2006, "The Svensson versus McCallum and Nelson Controversy Revisited in the BMW Framework," Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research, number 585.
• Fabrice Collard & Harris Dellas, 2003, "The great inflation of the 1970s," Proceedings, Board of Governors of the Federal Reserve System (U.S.).
• Michael Ehrmann & Marcel Fratzscher, 2003, "Interdependence between the Euro area and the U.S.: what role for EMU?," Proceedings, Board of Governors of the Federal Reserve System (U.S.).
• Athanasios Orphanides & John C. Williams, 2003, "The decline of activist stabilization policy: natural rate misperceptions, learning, and expectations," Proceedings, Board of Governors of the Federal Reserve System (U.S.).
• Pierpaolo Benigno & Michael Woodford, 2003, "Optimal monetary and fiscal policy: a linear-quadratic approach," Proceedings, Board of Governors of the Federal Reserve System (U.S.).
• Nicoletta Batini & Paul Levine & Joseph Pearlman, 2003, "Indeterminacy with inflation-forecast-cased rules in a two-bloc model," Proceedings, Board of Governors of the Federal Reserve System (U.S.).
• Ester Faia & Tommaso Monacelli, 2003, "Ramsey monetary policy and international relative prices," Proceedings, Board of Governors of the Federal Reserve System (U.S.).
• Joseph H. Haslag & Antoine Martin, 2003, "Optimality of the Friedman rule in overlapping generations model with spatial separation," Research Working Paper, Federal Reserve Bank of Kansas City, number RWP 03-03.
• Sharon Kozicki & Peter A. Tinsley, 2003, "Permanent and transitory policy shocks in an empirical macro model with asymmetric information," Research Working Paper, Federal Reserve Bank of Kansas City, number RWP 03-09.
• James B. Bullard & In-Koo Cho, 2003, "Escapist policy rules," Working Papers, Federal Reserve Bank of St. Louis, number 2002-002, DOI: 10.20955/wp.2002.002.
• Michael R. Pakko, 2003, "On the information content of asymmetric FOMC policy statements: evidence from a Taylor-rule perspective," Working Papers, Federal Reserve Bank of St. Louis, number 2003-016, DOI: 10.20955/wp.2003.016.
• Edward Nelson, 2003, "Money and the transmission mechanism in the optimizing IS-LM specification," Working Papers, Federal Reserve Bank of St. Louis, number 2003-019, DOI: 10.20955/wp.2003.019.
• Leonardo Bartolini & Alessandro Prati, 2003, "The execution of monetary policy: a tale of two central banks," Staff Reports, Federal Reserve Bank of New York, number 165.
• Ernst Schaumburg & Andrea Tambalotti, 2003, "An investigation of the gains from commitment in monetary policy," Staff Reports, Federal Reserve Bank of New York, number 171, Aug.
• Leonardo Bartolini & Alessandro Prati, 2003, "Cross-country differences in monetary policy execution and money market rates' volatility," Staff Reports, Federal Reserve Bank of New York, number 175, Oct.
• Sylvain Leduc & Keith Sill, 2003, "Monetary policy, oil shocks, and TFP: accounting for the decline in U.S. volatility," Working Papers, Federal Reserve Bank of Philadelphia, number 03-22.
• Jess Benhabib & Stephanie Schmitt-Grohe & Martin Uribe, 2003, "Backward-looking interest-rate rules, interest-rate smoothing, and macroeconomic instability," Working Papers, Federal Reserve Bank of Philadelphia, number 03-4.
• Jean-Bernard Chatelain & Andrea Generale & Philip Vermeulen & Michael Ehrmann & Jorge Martínez-Pagés & Andreas Worms, 2003, "Monetary policy transmission in the euro area: New evidence from micro data on firms and banks," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL, number halshs-00119489, DOI: 10.1162/154247603322391350.
• Ludovic Aubert & Stéphane Adjemian, 2003, "Cible d'inflation ou de niveau de prix : quelle option retenir pour la banque centrale dans un environnement « nouveau keynésien »?," Post-Print, HAL, number hal-02878009, DOI: 10.3917/rel.693.0293.
• Jean-Bernard Chatelain & Andrea Generale & Philip Vermeulen & Michael Ehrmann & Jorge Martínez-Pagés & Andreas Worms, 2003, "Monetary policy transmission in the euro area: New evidence from micro data on firms and banks," Post-Print, HAL, number halshs-00119489, DOI: 10.1162/154247603322391350.
• Edwin Le Héron, 2003, "A New Consensus on Monetary Policy?," Post-Print, HAL, number halshs-00159854.
• Nikolay Nenovsky & Y. Rizopoulos, 2003, "Peut-on mesurer le changement institutionnel du régime monétaire?," Post-Print, HAL, number halshs-00259754, May.
• Nikolay Nenovsky, 2003, "Peut-on mesurer le changement institutionnel du régime monétaire ?," Post-Print, HAL, number halshs-00260463, May.
• Westerlund, Joakim, 2003, "A Panel Data Test of the Bank Lending Channel in Sweden," Working Papers, Lund University, Department of Economics, number 2003:16, Nov.
• Bårdsen, Gunnar & Jansen, Eilev S. & Nymoen, Ragnar, 2003, "Testing the New Keynesian Phillips curve," Memorandum, Oslo University, Department of Economics, number 18/2002, Jun.
• Johnsson, Richard C.B., 2003, "Deflation and Japan Revisited," Ratio Working Papers, The Ratio Institute, number 23, May, revised 30 Apr 2004.
• Söderlind, Paul & Söderström, Ulf & Vredin, Anders, 2003, "Taylor Rules and the Predictability of Interest Rates," Working Paper Series, Sveriges Riksbank (Central Bank of Sweden), number 147, Apr.
• Jonsson, Magnus & Palmqvist, Stefan, 2003, "Inflation, Markups and Monetary Policy," Working Paper Series, Sveriges Riksbank (Central Bank of Sweden), number 148, Apr.
• Lindé, Jesper, 2003, "Monetary Policy Shocks and Business Cycle Fluctuations in a Small Open Economy: Sweden 1986-2002," Working Paper Series, Sveriges Riksbank (Central Bank of Sweden), number 153, Nov.
• Villani, Mattias & Warne, Anders, 2003, "Monetary Policy Analysis in a Small Open Economy using Bayesian Cointegrated Structural VARs," Working Paper Series, Sveriges Riksbank (Central Bank of Sweden), number 156, Dec.
• Nimark, Kristoffer P., 2003, "Indicator Accuracy and Monetary Policy: Is Ignorance Bliss?," Working Paper Series, Sveriges Riksbank (Central Bank of Sweden), number 157, Dec.
• Österholm, Pär, 2003, "The Taylor Rule: A Spurious Regression?," Working Paper Series, Uppsala University, Department of Economics, number 2003:20, Aug.
• Viv Hall, 2003, "Central Bank Governance: Common Elements or Different Models?," Working Papers, Hong Kong Institute for Monetary Research, number 202003, Oct.
• Loboguerrero, Ana María & Panizza, Ugo, 2003, "Inflation and Labor Market Flexibility: The Squeaky Wheel Gets the Grease," IDB Publications (Working Papers), Inter-American Development Bank, number 1478, Aug, DOI: http://dx.doi.org/10.18235/0010817.
• Ana Maria Loboguerrero & Ugo Panizza, 2003, "Inflation and Labor Market Flexibility: The Squeaky Wheel Gets the Grease," Research Department Publications, Inter-American Development Bank, Research Department, number 4347, Aug.
• Auray, Stéphane & Fève, Patrick, 2003, "Are Monetary Models with Exogenous Money Growth Rule Able to Match the Taylor Rule?," IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse, number 231.
• Michel Normandin & Louis Phaneuf, 2003, "Monetary Policy Shocks: Testing Identification Conditions Under Time-Varying Conditional Volatility," Cahiers de recherche, HEC Montréal, Institut d'économie appliquée, number 03-04, Oct.
• David Andolfatto & Paul Gomme, 2003, "Monetary Policy Regimes and Beliefs," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, volume 44, issue 1, pages 1-30, February.
• Aleksander Berentsen & Guillaume Rocheteau, 2003, "Money and the Gains from Trade," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, volume 44, issue 1, pages 263-297, February.
• Tommaso Monacelli, 2003, "Monetary Policy in a Low Pass-Through Environment," Working Papers, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University, number 228.
• Kenneth N. Kuttner & Adam S. Posen, 2003, "The Difficulty of Discerning What's Too Tight: Taylor Rules and Japanese Monetary Policy," Working Paper Series, Peterson Institute for International Economics, number WP03-10, Dec.
• Carlo Altavilla, 2003, "Assessing monetary rules performance across EMU countries," International Journal of Finance & Economics, John Wiley & Sons, Ltd., volume 8, issue 2, pages 131-151, DOI: 10.1002/ijfe.199.
• Javier Gómez & Juan Manuel Julio, 2003, "Transmission Mechanism and Inflation Targeting: The Case of Colombia's Desinflation," Revista de Analisis Economico – Economic Analysis Review, Universidad Alberto Hurtado/School of Economics and Business, volume 18, issue 2, pages 109-133, December.
• Sara G. Castellanos & Eduardo Camero, 2003, "La estructura temporal de tasas de interés en México: ¿Puede predecir la actividad económica futura?," Revista de Analisis Economico – Economic Analysis Review, Universidad Alberto Hurtado/School of Economics and Business, volume 18, issue 2, pages 33-66, December.
• Jang, Kyungho & Ogaki, Masao, 2003, "The Effects of Japanese Monetary Policy Shocks on Exchange Rates: A Structural Vector Error Correction Model Approach," Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan, volume 21, issue 1, pages 1-34, February.
• Andolfatto, David, 2003, "Monetary Implications of the Hayashi-Prescott Hypothesis for Japan," Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan, volume 21, issue 4, pages 1-20, December.
• Kuroda, Sachiko & Yamamoto, Isamu, 2003, "The Impact of Downward Nominal Wage Rigidity on the Unemployment Rate: Quantitative Evidence from Japan," Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan, volume 21, issue 4, pages 57-85, December.