The Timing of Monetary Policy Shocks

By Giovanni P. Olivei, Silvana Tenreyro. 2007

141 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/215c59d68c117b72d000c839c3243858521c83ce

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. Pontus Rendahl
2. Emi Nakamura
3. Jón Steinsson
4. M. Gertler
5. V. Ramey
6. A. Trigari
7. C. Walsh
8. Y. Gorodnichenko

In Finance

1. Emi Nakamura
2. M. Gertler
3. V. Ramey
4. Pontus Rendahl
5. Jón Steinsson
6. Christian K. Wolf
7. Gabriel Chodorow-reich
8. Robert E. Hall

Citations in the corpus

• Optimal Inflation and the Identification of the Phillips Curve (2019, unknown): “Essentially, this strategy applies the findings from the large literature on identifyingmonetary policy shocks to recover the Phillips curve (e.g., Christiano et al. 1996, 1999; Romer and Romer 2004b; Bernanke et al. 2005; Uhlig 2005; Olivei and Tenreyro 2007; Cloyne and Hürtgen 2016).”
• Macroeconomic Shocks and Their Propagation (2016, background): “Olivei and Tenreyro (2007) estimate important seasonality in the effects of monetary shocks that is well explained by sticky wage models.”
• Fiscal Policy in an Unemployment Crisis (2016, background): “…flexibility (e.g. Pissarides (2009) and Haefke et al. (2013)).32 However, wage stickiness appears important for the transmission of monetary policy (Olivei and Tenreyro, 2007, 2010), and there are reasons to believe that the extent and empirical implications of nominal wage rigidity are not fully…”
• Unemployment Fluctuations with Staggered Nash Wage Bargaining (2006, background): “w̃ = χ̃ 3 ã+ κ 2 x̃(2) + κp̃x̃ ́ + (1− χ̃) b, (38)”
• Knowing What Others Know: Coordination Motives in Information Acquisition (2007, unknown): “The model, based on Reis (2006), is a dynamic version of the section 1 model.”
• Five Facts about Prices: A Reevaluation of Menu Cost Models (2008, background): “Olivei and Tenreyro (2005) show that the real effects of monetary policy shocks differ depending on the quarter of the year in which the shock hits.”