Navigating by Falling Stars: Monetary Policy with Fiscally Driven Natural Rates
Author
Abstract
Suggested Citation
Note: EFG
Download full text from publisher
As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.
Other versions of this item:
- Rodolfo G. Campos & Jesus Fernandez-Villaverde & Galo Nuno & Peter Paz, 2024. "Navigating by Falling Stars:Monetary Policy with Fiscally Driven Natural Rates," PIER Working Paper Archive 24-007, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
- Rodolfo G. Campos & Jesús Fernández-Villaverde & Galo Nuño & Peter Paz, 2024. "Navigating by Falling Stars: Monetary Policy with Fiscally Driven Natural Rates," Working Papers 2439, Banco de España.
- Campos, Rodolfo & Fernández-Villaverde, Jesús & Nuño, Galo & Paz, Peter, 2024. "Navigating by Falling Stars: Monetary Policy with Fiscally Driven Natural Rates," CEPR Discussion Papers 18874, C.E.P.R. Discussion Papers.
- Rodolfo G. Campos & Jesús Fernández-Villaverde & Galo Nuño Barrau & Peter Paz, 2024. "Navigating by falling stars: monetary policy with fiscally driven natural rates," BIS Working Papers 1172, Bank for International Settlements.
References listed on IDEAS
- Matthew Rognlie & Ludwig Straub & Adrien Auclert, 2017.
"The Intertemporal Keynesian Cross,"
2017 Meeting Papers
1587, Society for Economic Dynamics.
- Adrien Auclert & Matthew Rognlie & Ludwig Straub, 2018. "The Intertemporal Keynesian Cross," NBER Working Papers 25020, National Bureau of Economic Research, Inc.
- Adrien Auclert & Ludwig Straub & Matthew Rognlie, 2018. "The Intertemporal Keynesian Cross," 2018 Meeting Papers 999, Society for Economic Dynamics.
- Hagedorn, Marcus, 2016.
"A Demand Theory of the Price Level,"
CEPR Discussion Papers
11364, C.E.P.R. Discussion Papers.
- Marcus Hagedorn, 2016. "A Demand Theory of the Price Level," 2016 Meeting Papers 941, Society for Economic Dynamics.
- Kaplan, Greg & Nikolakoudis, Georgios & Violante, Giovanni, 2023.
"Price Level and Inflation Dynamics in Heterogeneous Agent Economies,"
CEPR Discussion Papers
18260, C.E.P.R. Discussion Papers.
- Greg Kaplan & Georgios Nikolakoudis & Giovanni L. Violante, 2023. "Price Level and Inflation Dynamics in Heterogeneous Agent Economies," NBER Working Papers 31433, National Bureau of Economic Research, Inc.
- Alisdair McKay & Ricardo Reis, 2021.
"Optimal Automatic Stabilizers [Consumption versus Expenditure],"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 88(5), pages 2375-2406.
- Ricardo Reis & Alisdair McKay, 2015. "Optimal Automatic Stabilizers," 2015 Meeting Papers 608, Society for Economic Dynamics.
- Alisdair McKay & Ricardo Reis, 2016. "Optimal Automatic Stabilizers," Discussion Papers 1618, Centre for Macroeconomics (CFM).
- McKay, Alisdair & Reis, Ricardo, 2021. "Optimal automatic stabilizers," LSE Research Online Documents on Economics 108180, London School of Economics and Political Science, LSE Library.
- McKay, Alisdair & Reis, Ricardo, 2016. "Optimal automatic stabilizers," LSE Research Online Documents on Economics 67049, London School of Economics and Political Science, LSE Library.
- McKay, Alisdair, 2016. "Optimal Automatic Stabilizers," CEPR Discussion Papers 11337, C.E.P.R. Discussion Papers.
- McKay, Alisdair & Reis, Ricardo, 2016. "Optimal automatic stabilizers," LSE Research Online Documents on Economics 86229, London School of Economics and Political Science, LSE Library.
- Alisdair McKay & Ricardo Reis, 2016. "Optimal Automatic Stabilizers," NBER Working Papers 22359, National Bureau of Economic Research, Inc.
- Jess Benhabib & Stephanie Schmitt-Grohe & Martin Uribe, 2002.
"Avoiding Liquidity Traps,"
Journal of Political Economy, University of Chicago Press, vol. 110(3), pages 535-563, June.
- Jess Benhabib & Stephanie Schmitt-Grohe & Martin Uribe, 2000. "Avoiding Liquidity Traps," Departmental Working Papers 199925, Rutgers University, Department of Economics.
- Benhabib, Jess & Uribe, MartÃn & Schmitt-Grohé, Stephanie, 2001. "Avoiding Liquidity Traps," CEPR Discussion Papers 2948, C.E.P.R. Discussion Papers.
- Aiyagari, S. Rao & McGrattan, Ellen R., 1998.
"The optimum quantity of debt,"
Journal of Monetary Economics, Elsevier, vol. 42(3), pages 447-469, October.
- S. Rao Aiyagari & Ellen R. McGrattan, 1994. "The optimal quantity of debt," Working Papers 538, Federal Reserve Bank of Minneapolis.
- S. Rao Aiyagari & Ellen R. McGrattan, 1997. "The optimum quantity of debt," Staff Report 203, Federal Reserve Bank of Minneapolis.
- Miguel Cardoso & Clodomiro Ferreira & José Miguel Leiva & Galo Nuño & Álvaro Ortiz & Tomasa Rodrigo, 2022.
"The Heterogeneous Impact of Inflation on Households’ Balance Sheets,"
Working Papers
176, Red Nacional de Investigadores en Economía (RedNIE).
- Clodomiro Ferreira & José Miguel Leiva & Galo Nuño & Álvaro Ortiz & Tomasa Rodrigo & Sirenia Vazquez, 2024. "The heterogeneous impact of inflation on households’ balance sheets," Working Papers 2403, Banco de España.
- Clodomiro Ferreira & José Miguel Leiva & Galo Nuño & Álvaro Ortiz & Tomasa Rodrigo & Sirenia Vazquez, 2023. "The Heterogeneous Impact of Inflation on Households Balance Sheets," CESifo Working Paper Series 10854, CESifo.
- Clodomiro Ferreira & José Miguel Leiva & Galo Nuño Barrau & Alvaro Ortiz & Tomasa Rodrigo & Sirenia Vazquez, 2023. "The heterogeneous impact of inflation on households' balance sheets," BIS Working Papers 1152, Bank for International Settlements.
- Mayorga Clodomiro Ferreira & Miguel Cardoso & José Miguel Leiva & Alvaro Ortiz, 2022. "The Heterogeneous Impact of Inflation on Households' Balance Sheets," Asociación Argentina de Economía Política: Working Papers 4563, Asociación Argentina de Economía Política.
- Adrien Auclert & Bence Bardóczy & Matthew Rognlie & Ludwig Straub, 2021.
"Using the Sequence‐Space Jacobian to Solve and Estimate Heterogeneous‐Agent Models,"
Econometrica, Econometric Society, vol. 89(5), pages 2375-2408, September.
- Adrien Auclert & Bence Bardóczy & Matthew Rognlie & Ludwig Straub, 2019. "Using the Sequence-Space Jacobian to Solve and Estimate Heterogeneous-Agent Models," NBER Working Papers 26123, National Bureau of Economic Research, Inc.
- Auclert, Adrien & Bardoczy, Bence & Rognlie, Matthew & Straub, Ludwig, 2019. "Using the Sequence-Space Jacobian to Solve and Estimate Heterogeneous-Agent Models," CEPR Discussion Papers 13890, C.E.P.R. Discussion Papers.
- Rishabh Aggarwal & Adrien Auclert & Matthew Rognlie & Ludwig Straub, 2023.
"Excess Savings and Twin Deficits: The Transmission of Fiscal Stimulus in Open Economies,"
NBER Macroeconomics Annual, University of Chicago Press, vol. 37(1), pages 325-412.
- Rishabh Aggarwal & Adrien Auclert & Matthew Rognlie & Ludwig Straub, 2022. "Excess Savings and Twin Deficits: The Transmission of Fiscal Stimulus in Open Economies," NBER Chapters, in: NBER Macroeconomics Annual 2022, volume 37, pages 325-412, National Bureau of Economic Research, Inc.
- Rishabh Aggarwal & Adrien Auclert & Matthew Rognlie & Ludwig Straub, 2022. "Excess Savings and Twin Deficits: The Transmission of Fiscal Stimulus in Open Economies," NBER Working Papers 30185, National Bureau of Economic Research, Inc.
- Aggarwal, Rishabh & Auclert, Adrien & Rognlie, Matthew & Straub, Ludwig, 2022. "Excess Savings and Twin Deficits: The Transmission of Fiscal Stimulus in Open Economies," CEPR Discussion Papers 17397, C.E.P.R. Discussion Papers.
- Michael D. Bauer & Glenn D. Rudebusch, 2020.
"Interest Rates under Falling Stars,"
American Economic Review, American Economic Association, vol. 110(5), pages 1316-1354, May.
- Michael D. Bauer & Glenn D. Rudebusch, 2017. "Interest Rates Under Falling Stars," CESifo Working Paper Series 6571, CESifo.
- Michael D. Bauer & Glenn D. Rudebusch, 2019. "Interest Rates Under Falling Stars," Working Paper Series 2017-16, Federal Reserve Bank of San Francisco.
- Axelle Ferriere & Gaston Navarro, 2013.
"The Heterogeneous Effects of Government Spending: It's All About Taxes,"
Working Papers
13-18, New York University, Leonard N. Stern School of Business, Department of Economics.
- Axelle Ferrière & Gaston Navarro, 2018. "The Heterogeneous Effects of Government Spending : It’s All About Taxes," International Finance Discussion Papers 1237, Board of Governors of the Federal Reserve System (U.S.).
- Gaston Navarro & Axelle Ferriere, 2016. "The Heterogeneous Effects of Government Spending: It's All About Taxes," 2016 Meeting Papers 1286, Society for Economic Dynamics.
- Leeper, Eric M., 1991. "Equilibria under 'active' and 'passive' monetary and fiscal policies," Journal of Monetary Economics, Elsevier, vol. 27(1), pages 129-147, February.
- Holston, Kathryn & Laubach, Thomas & Williams, John C., 2017.
"Measuring the natural rate of interest: International trends and determinants,"
Journal of International Economics, Elsevier, vol. 108(S1), pages 59-75.
- Kathryn Holston & Thomas Laubach & John C. Williams, 2016. "Measuring the Natural Rate of Interest: International Trends and Determinants," NBER Chapters, in: NBER International Seminar on Macroeconomics 2016, National Bureau of Economic Research, Inc.
- Kathryn Holston & Thomas Laubach & John C. Williams, 2016. "Measuring the Natural Rate of Interest : International Trends and Determinants," Finance and Economics Discussion Series 2016-073, Board of Governors of the Federal Reserve System (U.S.).
- Kathryn Holston & Thomas Laubach & John C. Williams, 2016. "Measuring the Natural Rate of Interest: International Trends and Determinants," Working Paper Series 2016-11, Federal Reserve Bank of San Francisco.
- Kurt Mitman & Iourii Manovskii & Marcus Hagedorn, 2017.
"The Fiscal Multiplier,"
2017 Meeting Papers
1383, Society for Economic Dynamics.
- Mitman, Kurt & Manovskii, Iourii & Hagedorn, Marcus, 2019. "The Fiscal Multiplier," CEPR Discussion Papers 13529, C.E.P.R. Discussion Papers.
- Marcus Hagedorn & Iourii Manovskii & Kurt Mitman, 2019. "The Fiscal Multiplier," NBER Working Papers 25571, National Bureau of Economic Research, Inc.
- Thomas J. Sargent & Neil Wallace, 1984.
"Some Unpleasant Monetarist Arithmetic,"
Palgrave Macmillan Books, in: Brian Griffiths & Geoffrey E. Wood (ed.), Monetarism in the United Kingdom, pages 15-41,
Palgrave Macmillan.
- Thomas J. Sargent & Neil Wallace, 1981. "Some unpleasant monetarist arithmetic," Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 5(Fall).
- Greg Kaplan & Benjamin Moll & Giovanni L. Violante, 2018.
"Monetary Policy According to HANK,"
American Economic Review, American Economic Association, vol. 108(3), pages 697-743, March.
- Gianluca Violante & Benjamin Moll & Greg Kaplan, 2015. "Monetary Policy According to HANK," 2015 Meeting Papers 1507, Society for Economic Dynamics.
- Greg Kaplan & Benjamin Moll & Giovanni L. Violante, 2016. "Monetary Policy According to HANK," Working Papers 1602, Council on Economic Policies.
- Kaplan, Greg & Moll, Benjamin & Violante, Giovanni L., 2016. "Monetary policy according to HANK," Working Paper Series 1899, European Central Bank.
- Greg Kaplan & Benjamin Moll & Giovanni L. Violante, 2017. "Monetary Policy According to HANK," IMES Discussion Paper Series 17-E-04, Institute for Monetary and Economic Studies, Bank of Japan.
- Greg Kaplan & Benjamin Moll & Giovanni L. Violante, 2016. "Monetary Policy According to HANK," NBER Working Papers 21897, National Bureau of Economic Research, Inc.
- Violante, Giovanni & Kaplan, Greg & Moll, Benjamin, 2016. "Monetary Policy According to HANK," CEPR Discussion Papers 11068, C.E.P.R. Discussion Papers.
- Christiano, Lawrence J & Eichenbaum, Martin, 1992.
"Current Real-Business-Cycle Theories and Aggregate Labor-Market Fluctuations,"
American Economic Review, American Economic Association, vol. 82(3), pages 430-450, June.
- Lawrence J. Christiano & Martin S. Eichenbaum, 1990. "Current real business cycle theories and aggregate labor market fluctuations," Working Paper Series, Macroeconomic Issues 90, Federal Reserve Bank of Chicago.
- Lawrence J. Christiano & Martin S. Eichenbaum, 1990. "Current real business cycle theories and aggregate labor market fluctuations," Discussion Paper / Institute for Empirical Macroeconomics 24, Federal Reserve Bank of Minneapolis.
- Matthias Doepke & Martin Schneider, 2006. "Inflation and the Redistribution of Nominal Wealth," Journal of Political Economy, University of Chicago Press, vol. 114(6), pages 1069-1097, December.
- Sims, Christopher A, 1994. "A Simple Model for Study of the Determination of the Price Level and the Interaction of Monetary and Fiscal Policy," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 4(3), pages 381-399.
- Bayer, Christian & Born, Benjamin & Luetticke, Ralph, 2023.
"The liquidity channel of fiscal policy,"
Journal of Monetary Economics, Elsevier, vol. 134(C), pages 86-117.
- Christian Bayer & Benjamin Born & Ralph Luetticke, 2020. "The Liquidity Channel of Fiscal Policy," CESifo Working Paper Series 8374, CESifo.
- Born, Benjamin & Bayer, Christian & Luetticke, Ralph, 2020. "The Liquidity Channel of Fiscal Policy," CEPR Discussion Papers 14883, C.E.P.R. Discussion Papers.
- Christian Bayer & Benjamin Born & Ralph Luetticke, 2021. "The Liquidity Channel of Fiscal Policy," ifo Working Paper Series 351, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
- Carroll, Christopher D., 2006.
"The method of endogenous gridpoints for solving dynamic stochastic optimization problems,"
Economics Letters, Elsevier, vol. 91(3), pages 312-320, June.
- Carroll, Christopher D., 2005. "The method of endogenous gridpoints for solving dynamic stochastic optimization problems," CFS Working Paper Series 2005/18, Center for Financial Studies (CFS).
- Christopher D. Carroll, 2005. "The Method of Endogenous Gridpoints for Solving Dynamic Stochastic Optimization Problems," NBER Technical Working Papers 0309, National Bureau of Economic Research, Inc.
- Christopher Carroll, 2005. "The Method of Endogenous Gridpoints for Solving Dynamic Stochastic Optimization Problems," Economics Working Paper Archive 520, The Johns Hopkins University,Department of Economics.
- Oh, Hyunseung & Reis, Ricardo, 2012.
"Targeted transfers and the fiscal response to the great recession,"
Journal of Monetary Economics, Elsevier, vol. 59(S), pages 50-64.
- Hyunseung Oh & Ricardo Reis, 2011. "Targeted Transfers and the Fiscal Response to the Great Recession," NBER Working Papers 16775, National Bureau of Economic Research, Inc.
- Oh, Hyunseung, 2011. "Targeted transfers and the fiscal response to the great recession," CEPR Discussion Papers 8239, C.E.P.R. Discussion Papers.
- Jens H. E. Christensen & Glenn D. Rudebusch, 2019.
"A New Normal for Interest Rates? Evidence from Inflation-Indexed Debt,"
The Review of Economics and Statistics, MIT Press, vol. 101(5), pages 933-949, December.
- Jens H. E. Christensen & Glenn D. Rudebusch, 2018. "A New Normal for Interest Rates? Evidence from Inflation-Indexed Debt," Working Paper Series 2017-07, Federal Reserve Bank of San Francisco.
- Thomas Laubach & John C. Williams, 2003.
"Measuring the Natural Rate of Interest,"
The Review of Economics and Statistics, MIT Press, vol. 85(4), pages 1063-1070, November.
- Thomas Laubach and John C. Williams, 2001. "Measuring the Natural Rate of Interest," Computing in Economics and Finance 2001 35, Society for Computational Economics.
- Thomas Laubach & John C. Williams, 2001. "Measuring the natural rate of interest," Finance and Economics Discussion Series 2001-56, Board of Governors of the Federal Reserve System (U.S.).
- Klaus Adam & Junyi Zhu, 2016.
"Price-Level Changes And The Redistribution Of Nominal Wealth Across The Euro Area,"
Journal of the European Economic Association, European Economic Association, vol. 14(4), pages 871-906, August.
- Klaus Adam & Junyi Zhu, 2016. "Price-Level Changes and the Redistribution of Nominal Wealth across the Euro Area," Journal of the European Economic Association, European Economic Association, vol. 14(4), pages 871-906.
- Adam, Klaus & Zhu, Junyi, 2014. "Price level changes and the redistribution of nominal wealth across the Euro area," Working Papers 14-11, University of Mannheim, Department of Economics.
- Adam, Klaus & Zhu, Junyi, 2015. "Price level changes and the redistribution of nominal wealth across the euro area," Working Paper Series 1853, European Central Bank.
- Adam, Klaus & Zhu, Junyi, 2014. "Price Level Changes and the Redistribution of Nominal Wealth Across the Euro Area," EconStor Preprints 100005, ZBW - Leibniz Information Centre for Economics.
- Adam, Klaus & Zhu, Junyi, 2014. "Price Level Changes and the Redistribution of Nominal Wealth Across the Euro Area," CEPR Discussion Papers 9987, C.E.P.R. Discussion Papers.
- Adam, Klaus & Zhu, Junyi, 2016. "Price level changes and the redistribution of nominal wealth across the Euro area," Working Papers 14-11, University of Mannheim, Department of Economics.
- Klaus Adam & Junyi Zhu, 2015. "Price Level Changes and the Redistribution of Nominal Wealth Across the Euro Area," Working Papers 1501, Council on Economic Policies.
- Schmitt-Grohe, Stephanie & Uribe, Martin, 2000.
"Price level determinacy and monetary policy under a balanced-budget requirement,"
Journal of Monetary Economics, Elsevier, vol. 45(1), pages 211-246, February.
- Stephanie Schmitt-Grohe & Martin Uribe, 1997. "Price level determinacy and monetary policy under a balanced-budget requirement," Finance and Economics Discussion Series 1997-17, Board of Governors of the Federal Reserve System (U.S.).
- Stephanie Schmitt-Grohe & Martin Uribe, 1998. "Price Level Determinacy and Monetary Policy under a Balanced-Budget Requirement," Departmental Working Papers 199833, Rutgers University, Department of Economics.
- Sandra Daudignon & Oreste Tristani, 2022.
"Monetary policy and the drifting natural rate of interest,"
Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium
22/1057, Ghent University, Faculty of Economics and Business Administration.
- Daudignon, Sandra & Tristani, Oreste, 2023. "Monetary policy and the drifting natural rate of interest," Working Paper Series 2788, European Central Bank.
- Athanasios Orphanides & John C. Williams, 2002.
"Robust Monetary Policy Rules with Unknown Natural Rates,"
Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 33(2), pages 63-146.
- Athanasios Orphanides & John C. Williams, 2002. "Robust monetary policy rules with unknown natural rates," Working Paper Series 2003-01, Federal Reserve Bank of San Francisco.
- Athanasios Orphanides & John C. Williams, 2003. "Robust monetary policy rules with unknown natural rates," Finance and Economics Discussion Series 2003-11, Board of Governors of the Federal Reserve System (U.S.).
- Martin Floden & Jesper Lindé, 2001.
"Idiosyncratic Risk in the United States and Sweden: Is There a Role for Government Insurance?,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 4(2), pages 406-437, July.
- Floden, M. & Linde, J., 1998. "Idiosyncratic Risk in the U.S. and Sweden: Is there a Role for Government Insurance?," Papers 654, Stockholm - International Economic Studies.
- Flodén, Martin & Linde, Jesper, 1998. "Idiosyncratic Risk in the U.S. and Sweden: Is there a Role for Government Insurance?," Seminar Papers 654, Stockholm University, Institute for International Economic Studies.
- Auclert, Adrien & Rognlie, Matthew & Souchier, Martin & Straub, Ludwig, 2021.
"Exchange Rates and Monetary Policy with Heterogeneous Agents: Sizing up the Real Income Channel,"
CEPR Discussion Papers
16198, C.E.P.R. Discussion Papers.
- Adrien Auclert & Matthew Rognlie & Martin Souchier & Ludwig Straub, 2021. "Exchange Rates and Monetary Policy with Heterogeneous Agents: Sizing up the Real Income Channel," NBER Working Papers 28872, National Bureau of Economic Research, Inc.
- Mark Aguiar & Manuel Amador & Cristina Arellano, 2023.
"Pareto Improving Fiscal and Monetary Policies: Samuelson in the New Keynesian Model,"
Staff Report
646, Federal Reserve Bank of Minneapolis.
- Mark A. Aguiar & Manuel Amador & Cristina Arellano, 2023. "Pareto Improving Fiscal and Monetary Policies: Samuelson in the New Keynesian Model," NBER Working Papers 31297, National Bureau of Economic Research, Inc.
- Lukasz Rachel & Lawrence H. Summers, 2019.
"On Secular Stagnation in the Industrialized World,"
Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 50(1 (Spring), pages 1-76.
- Łukasz Rachel & Lawrence H. Summers, 2019. "On Secular Stagnation in the Industrialized World," NBER Working Papers 26198, National Bureau of Economic Research, Inc.
- Gauti B. Eggertsson & Neil R. Mehrotra & Jacob A. Robbins, 2019.
"A Model of Secular Stagnation: Theory and Quantitative Evaluation,"
American Economic Journal: Macroeconomics, American Economic Association, vol. 11(1), pages 1-48, January.
- Gauti B. Eggertsson & Neil R. Mehrotra & Jacob A. Robbins, 2017. "A Model of Secular Stagnation: Theory and Quantitative Evaluation," NBER Working Papers 23093, National Bureau of Economic Research, Inc.
- Gauti B. Eggertsson & Neil Mehrotra & Jacob A. Robbins, 2017. "A Model of Secular Stagnation: Theory and Quantitative Evaluation," Working Papers 742, Federal Reserve Bank of Minneapolis.
- Barillas, Francisco & Fernandez-Villaverde, Jesus, 2007.
"A generalization of the endogenous grid method,"
Journal of Economic Dynamics and Control, Elsevier, vol. 31(8), pages 2698-2712, August.
- Francisco Barillas & Jesús Fernández-Villaverde, 2006. "A Generalization of the Endogenous Grid Method," Levine's Bibliography 122247000000001200, UCLA Department of Economics.
- Woodford, Michael, 1995.
"Price-level determinacy without control of a monetary aggregate,"
Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 43(1), pages 1-46, December.
- Michael Woodford, 1995. "Price Level Determinacy Without Control of a Monetary Aggregate," NBER Working Papers 5204, National Bureau of Economic Research, Inc.
- Galo Nuño & Carlos Thomas, 2022. "Optimal Redistributive Inflation," Annals of Economics and Statistics, GENES, issue 146, pages 3-63.
- Thomas A. Lubik & Christian Matthes, 2015. "Calculating the Natural Rate of Interest: A Comparison of Two Alternative Approaches," Richmond Fed Economic Brief, Federal Reserve Bank of Richmond, issue Oct.
- Francesco Bianchi & Renato Faccini & Leonardo Melosi, 2023.
"A Fiscal Theory of Persistent Inflation,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 138(4), pages 2127-2179.
- Francesco Bianchi & Renato Faccini & Leonardo Melosi, 2022. "A Fiscal Theory of Persistent Inflation," NBER Working Papers 30727, National Bureau of Economic Research, Inc.
- Josh Davis & Cristian Fuenzalida & Leon Huetsch & Benjamin Mills & Alan M. Taylor, 2023.
"Global Natural Rates in the Long Run: Postwar Macro Trends and the Market-Implied r* in 10 Advanced Economies,"
NBER Chapters, in: NBER International Seminar on Macroeconomics 2023,
National Bureau of Economic Research, Inc.
- Josh Davis & Cristian Fuenzalida & Leon Huetsch & Benjamin Mills & Alan M. Taylor, 2023. "Global Natural Rates in the Long Run: Postwar Macro Trends and the Market-Implied r* in 10 Advanced Economies," NBER Working Papers 31787, National Bureau of Economic Research, Inc.
- Christian K. Wolf, 2021. "Interest Rate Cuts vs. Stimulus Payments: An Equivalence Result," NBER Working Papers 29193, National Bureau of Economic Research, Inc.
- Òscar Jordà, 2005. "Estimation and Inference of Impulse Responses by Local Projections," American Economic Review, American Economic Association, vol. 95(1), pages 161-182, March.
- Matthew Rognlie & Adrien Auclert, 2016.
"Inequality and Aggregate Demand,"
2016 Meeting Papers
1353, Society for Economic Dynamics.
- Adrien Auclert & Matthew Rognlie, 2018. "Inequality and Aggregate Demand," NBER Working Papers 24280, National Bureau of Economic Research, Inc.
- Peter Hördahl & Oreste Tristani, 2014. "Inflation Risk Premia in the Euro Area and the United States," International Journal of Central Banking, International Journal of Central Banking, vol. 10(3), pages 1-47, September.
- Andrea Ajello & Isabel Cairó & Vasco Curdia & Thomas A. Lubik & Albert Queraltó, 2020. "Monetary Policy Tradeoffs and the Federal Reserve's Dual Mandate," Finance and Economics Discussion Series 2020-066, Board of Governors of the Federal Reserve System (U.S.).
- José Luis Montiel Olea & Mikkel Plagborg‐Møller, 2021. "Local Projection Inference Is Simpler and More Robust Than You Think," Econometrica, Econometric Society, vol. 89(4), pages 1789-1823, July.
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.- 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.
- Kopiec, Paweł, 2020.
"Employment prospects and the propagation of fiscal stimulus,"
Journal of Economic Dynamics and Control, Elsevier, vol. 117(C).
- Paweł Kopiec, 2018. "Employment prospects and the propagation of fiscal stimulus," NBP Working Papers 296, Narodowy Bank Polski.
- Kopiec, Paweł, 2018. "Employment Prospects and the Propagation of Fiscal Stimulus," MPRA Paper 85029, University Library of Munich, Germany.
- Howard Kung & Gonzalo Morales & Alexandre Corhay, 2017. "Fiscal Discount Rates and Debt Maturity," 2017 Meeting Papers 840, Society for Economic Dynamics.
- Kuncl, Martin & Ueberfeldt, Alexander, 2024.
"Monetary policy and the persistent aggregate effects of wealth redistribution,"
Journal of Monetary Economics, Elsevier, vol. 144(C).
- Martin Kuncl & Alexander Ueberfeldt, 2021. "Monetary Policy and the Persistent Aggregate Effects of Wealth Redistribution," Staff Working Papers 21-38, Bank of Canada.
- Adrien Auclert, 2019.
"Monetary Policy and the Redistribution Channel,"
American Economic Review, American Economic Association, vol. 109(6), pages 2333-2367, June.
- Adrien Auclert, 2015. "Monetary Policy and the Redistribution Channel," 2015 Meeting Papers 381, Society for Economic Dynamics.
- Adrien Auclert, 2017. "Monetary Policy and the Redistribution Channel," NBER Working Papers 23451, National Bureau of Economic Research, Inc.
- Adrien Auclert, 2017. "Monetary Policy and the Redistribution Channel," Working Papers 1706, Council on Economic Policies.
- Francesco Bianchi & Leonardo Melosi, 2017.
"Escaping the Great Recession,"
American Economic Review, American Economic Association, vol. 107(4), pages 1030-1058, April.
- Bianchi, Francesco & Melosi, Leonardo, 2013. "Escaping the Great Recession," CEPR Discussion Papers 9643, C.E.P.R. Discussion Papers.
- Francesco Bianchi & Leonardo Melosi, 2014. "Escaping the Great Recession," Working Paper Series WP-2014-17, Federal Reserve Bank of Chicago.
- Francesco Bianchi & Leonardo Melosi, 2016. "Escaping the Great Recession," Working Paper Series WP-2016-16, Federal Reserve Bank of Chicago.
- Francesco Bianchi & Leonardo Melosi, 2014. "Escaping the Great Recession," NBER Working Papers 20238, National Bureau of Economic Research, Inc.
- Francesco Bianchi & Leonardo Melosi, 2013. "Escaping the Great Recession," Working Papers 13-19, Duke University, Department of Economics.
- Leonardo Melosi & Francesco Bianchi, 2015. "Escaping the Great recession," 2015 Meeting Papers 1035, Society for Economic Dynamics.
- Leonardo Melosi & Francesco Bianchi, 2013. "Escaping the Great Recession," 2013 Meeting Papers 203, Society for Economic Dynamics.
- Bianchi, Francesco & Melosi, Leonardo, 2019.
"The dire effects of the lack of monetary and fiscal coordination,"
Journal of Monetary Economics, Elsevier, vol. 104(C), pages 1-22.
- Leonardo Melosi & Francesco Bianchi, 2017. "The Dire Effects of the Lack of Monetary and Fiscal Coordination," 2017 Meeting Papers 110, Society for Economic Dynamics.
- Francesco Bianchi & Leonardo Melosi, 2017. "The Dire Effects of the Lack of Monetary and Fiscal Coordination," NBER Working Papers 23605, National Bureau of Economic Research, Inc.
- Bianchi, Francesco & Melosi, Leonardo, 2017. "The Dire Effects of the Lack of Monetary and Fiscal Coordination," CEPR Discussion Papers 12164, C.E.P.R. Discussion Papers.
- Francesco Bianchi & Leonardo Melosi, 2017. "The Dire Effects of the Lack of Monetary and Fiscal Coordination," Working Paper Series WP-2017-19, Federal Reserve Bank of Chicago.
- Francesco Bianchi & Leonardo Melosi, 2022. "Inflation as a Fiscal Limit," Working Paper Series WP 2022-37, Federal Reserve Bank of Chicago.
- Hong, Seungki, 2023. "MPCs in an emerging economy: Evidence from Peru," Journal of International Economics, Elsevier, vol. 140(C).
- Kopiec, Pawel, 2019. "Household Heterogeneity and the Value of Government Spending Multiplier: an Analytical Characterization," MPRA Paper 93499, University Library of Munich, Germany.
- Bilbiie, Florin O. & Monacelli, Tommaso & Perotti, Roberto, 2024.
"Stabilization vs. Redistribution: The optimal monetary–fiscal mix,"
Journal of Monetary Economics, Elsevier, vol. 147(S).
- Bilbiie, Florin & Monacelli, Tommas & Perotti, Roberto, 2020. "Stabilization vs. Redistribution: the Optimal Monetary-Fiscal Mix," CEPR Discussion Papers 15199, C.E.P.R. Discussion Papers.
- Bilbiie, F. O. & Monacelli, T. & Perotti, R., 2024. "Stabilization vs. Redistribution: The Optimal Monetary-Fiscal Mix," Janeway Institute Working Papers 2421, Faculty of Economics, University of Cambridge.
- Bilbiie, F. O. & Monacelli, T. & Perotti, R., 2024. "Stabilization vs. Redistribution: The Optimal Monetary-Fiscal Mix," Cambridge Working Papers in Economics 2436, Faculty of Economics, University of Cambridge.
- Kurt Mitman & Iourii Manovskii & Marcus Hagedorn, 2017.
"The Fiscal Multiplier,"
2017 Meeting Papers
1383, Society for Economic Dynamics.
- Mitman, Kurt & Manovskii, Iourii & Hagedorn, Marcus, 2019. "The Fiscal Multiplier," CEPR Discussion Papers 13529, C.E.P.R. Discussion Papers.
- Marcus Hagedorn & Iourii Manovskii & Kurt Mitman, 2019. "The Fiscal Multiplier," NBER Working Papers 25571, National Bureau of Economic Research, Inc.
- Francesco Bianchi & Renato Faccini & Leonardo Melosi, 2020.
"Monetary and Fiscal Policies in Times of Large Debt: Unity is Strength,"
Working Paper Series
WP 2020-13, Federal Reserve Bank of Chicago.
- Bianchi, Francesco & Faccini, Renato & Melosi, Leonardo, 2020. "Monetary and Fiscal Policies in Times of Large Debt: Unity is Strength," CEPR Discussion Papers 14720, C.E.P.R. Discussion Papers.
- Francesco Bianchi & Renato Faccini & Leonardo Melosi, 2020. "Monetary and Fiscal Policies in Times of Large Debt: Unity is Strength," NBER Working Papers 27112, National Bureau of Economic Research, Inc.
- Francesco Bianchi & Renato Faccini & Leonardo Melosi, 2020. "Monetary and Fiscal Policies in Times of Large Debt: Unity is Strength," Working Paper Series WP-2020-13, Federal Reserve Bank of Chicago.
- Hannah Magdalena Seidl & Fabian Seyrich, 2021. "Unconventional Fiscal Policy in HANK," Discussion Papers of DIW Berlin 1953, DIW Berlin, German Institute for Economic Research.
- Darracq Pariès, Matthieu & Notarpietro, Alessandro & Kilponen, Juha & Papadopoulou, Niki & Zimic, Srečko & Aldama, Pierre & Langenus, Geert & Alvarez, Luis Julian & Lemoine, Matthieu & Angelini, Elena, 2021. "Review of macroeconomic modelling in the Eurosystem: current practices and scope for improvement," Occasional Paper Series 267, European Central Bank.
- Marco Bellifemine & Adrien Couturier & Rustam Jamilov, 2022. "The Regional Keynesian Cross," Economics Series Working Papers 995, University of Oxford, Department of Economics.
- Francesco Bianchi & Leonardo Melosi & Anna Rogantini Picco, 2022. "Who is Afraid of Eurobonds?," Working Paper Series WP 2022-43, Federal Reserve Bank of Chicago.
- Hagedorn, Marcus & Luo, Jinfeng & Manovskii, Iourii & Mitman, Kurt, 2019.
"Forward guidance,"
Journal of Monetary Economics, Elsevier, vol. 102(C), pages 1-23.
- Marcus Hagedorn & Jinfeng Luo & Iourii Manovskii & Kurt Mitman, 2018. "Forward Guidance," Working Papers id:12742, eSocialSciences.
- Marcus Hagedorn & Jinfeng Luo & Iourii Manovskii & Kurt Mitman, 2018. "Forward Guidance," NBER Working Papers 24521, National Bureau of Economic Research, Inc.
- Mitman, Kurt & Hagedorn, Marcus & Manovskii, Iourii & Luo, Jinfeng, 2018. "Forward Guidance," CEPR Discussion Papers 12858, C.E.P.R. Discussion Papers.
- Marcus Hagedorn & Iourii Manovskii & Jinfeng Luo & Kurt Mitman, 2018. "Forward Guidance," 2018 Meeting Papers 929, Society for Economic Dynamics.
- Del Negro, Marco & Giannone, Domenico & Giannoni, Marc P. & Tambalotti, Andrea, 2019.
"Global trends in interest rates,"
Journal of International Economics, Elsevier, vol. 118(C), pages 248-262.
- Marco Del Negro & Domenico Giannone & Marc Giannoni & Andrea Tambalotti, 2018. "Global Trends in Interest Rates," NBER Chapters, in: NBER International Seminar on Macroeconomics 2018, pages 248-262, National Bureau of Economic Research, Inc.
- Marco Del Negro & Domenico Giannone & Marc Giannoni & Andrea Tambalotti, 2018. "Global trends in interest rates," Staff Reports 866, Federal Reserve Bank of New York.
- Marco Del Negro & Domenico Giannone & Marc P. Giannoni & Andrea Tambalotti, 2018. "Global Trends in Interest Rates," NBER Working Papers 25039, National Bureau of Economic Research, Inc.
- Brandyn Bok & Marco Del Negro & Domenico Giannone & Marc Giannoni & Eric Qian & Andrea Tambalotti, 2019. "Global Trends in Interest Rates," Liberty Street Economics 20190227, Federal Reserve Bank of New York.
- Marco Del Negro & Domenico Giannone & Marc Giannoni & Andrea Tambalotti, 2018. "Global Trends in Interest Rates," Working Papers 1812, Federal Reserve Bank of Dallas.
- Marco Del Negro & Andrea Tambalotti & Domenico Giannone & Marc Giannoni, 2019. "Global Trends in Interest Rates," 2019 Meeting Papers 77, Society for Economic Dynamics.
- Neri, Stefano & Gerali, Andrea, 2019.
"Natural rates across the Atlantic,"
Journal of Macroeconomics, Elsevier, vol. 62(C).
- Stefano Neri & Andrea Gerali, 2017. "Natural rates across the Atlantic," Temi di discussione (Economic working papers) 1140, Bank of Italy, Economic Research and International Relations Area.
More about this item
JEL classification:
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
- E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DGE-2024-04-15 (Dynamic General Equilibrium)
- NEP-MON-2024-04-15 (Monetary Economics)
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:nbr:nberwo:32219. 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.