Methods of policy accommodation at the interest-rate lower bound
By Michael Woodford. 2012
533 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/609312ea6edd84fe2ad5a136eac81cf66c6e8b43
How researchers see this paper
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In Economics and Econometrics
- Annette Vissing-Jorgensen
- Arvind Krishnamurthy
- Argia M. Sbordone
- G. Ascari
- Ester Faia
- Eric T. Swanson
- Edward Nelson
- D. López-Salido
In Finance
- Annette Vissing-Jorgensen
- Arvind Krishnamurthy
- Argia M. Sbordone
- G. Ascari
- Stefan Nagel
- Eric T. Swanson
- John H. Cochrane
- Zhiguo He
Citations in the corpus
- International channels of the Fed’s unconventional monetary policy (2013, unknown): “12 (Bauer and Rudebusch, 2013b; Woodford, 2012).”
- The Macroeconomics of Trend Inflation (2014, background): “Nominal GDP targeting has therefore been advocated by some in the academic and business communities as another promising alternative to an increase in the long-run inflation objective for addressing the ZLB constraint (e.g., Woodford 2012 and Hatzius and Stehn 2011).”
- A Shadow Policy Rate to Calibrate US Monetary Policy at the Zero Lower Bound (2014, unknown): “As in Woodford (2012), we start with the basic blocks of interest rates and monetary aggregates, and then include other variables that could reflect a wide range of unconventional monetary policy measures.”
- The ins and outs of LSAPs (2013, methodology): “…expectations over the rate hike cycle (see the implied signaling effects in Table 1, which are computed based on the methodology outlined in the Appendix).3 The signaling channel appears to be an important way in which LSAPs have affected long-term interest rates, as discussed by Woodford (2012).”