Risk and Uncertainty in Monetary Policy

By A. Greenspan. 2004

435 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/8edfba523cce98a18cf0951c0039831635d1fee5

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. Alex Nikolsko-Rzhevskyy
2. David H. Papell
3. Tanya Molodtsova
4. Alvaro Angeriz
5. Raghuram G. Rajan
6. P. Arestis
7. Frederic S. Mishkin
8. Barbara Rossi

In Finance

1. Alvaro Angeriz
2. Tanya Molodtsova
3. Alex Nikolsko-Rzhevskyy
4. Raghuram G. Rajan
5. David H. Papell
6. P. Arestis
7. Frederic S. Mishkin
8. Allen N. Berger

Citations in the corpus

• Has Finance Made the World Riskier (2006, background): “Greenspan (2004) suggests that a risk management approach to policy making should take into account small probability events, especially if the potential costs of those events is likely to be large.”
• Asset Prices and Monetary Policy (2009, neutral): “via interest rate cuts) has to be applied (Greenspan 2004).”
• Has Financial Development Made the World Riskier? 1 (2005, background): “Greenspan (2004) suggests that a risk management approach to policy making should take into account small probability events, especially if the potential costs of those events is likely to be large.”
• Monetary policy in the UK (2007, background): “In addition to Bernanke and Gertler (1999), which represents the consensus view, Greenspan (2004a, 2004b) argues that dealing with the consequences of asset bubbles is preferable to dealing with the bubble itself (see, also, Nickell, 2005, for a recent restatement of the consensus view).”
• The Limits of Transparency (2011, neutral): “They were, and still are, expected to fulfil this function by acting as lenders of last resort in the face of extreme events that could endanger financial stability.”
• Bias in Federal Reserve Inflation Forecasts: Is the Federal Reserve Irrational or Just Cautious? (2005, neutral): “∂ft+h,t E [[ φ + (1− 2φ) (1)(e∗t+h,t<0) ] ∣e∗t+h,t ∣∣2 |Ωt ] = 0, (31)”
• Taylor Rules with Real-Time Data: A Tale of Two Countries and One Exchange Rate (2008, background): “This has been emphasized by many academics and policymakers, including Greenspan (2004), as a crucial condition for economic stability.”
• Are All the Sacred Cows Dead? Implications of the Financial Crisis for Macro- and Financial Policies (2010, neutral): “24 Greenspan (2004).”