The New IS-LM Model: Language, Logic, and Limits

By Robert G. King. 2000

280 citations recorded by the source corpus.

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Citations in the corpus

Limitations on the Effectiveness of Forward Guidance at the Zero Lower Bound (2012, methodology): “As in Woodford (1999), we express the IS equation in terms of output gaps and interest rate gaps: xt = Et{xt+1} − σEt{it − πt+1 − rnt }, (2) where xt is the output gap, it is the net nominal interest rate, πt is inflation, r n t denotes the 10See, for example, King (2000) for further discussion.”
Learning and Monetary Policy Shifts (2003, unknown): “In this paper we estimate a basic New Keynesian monetary DSGE model, along the lines of King (2000), in which monetary policy follows a regime switching process.”
Multiple-solution indeterminacies in monetary policy analysis (2003, methodology): “This case was introduced by Woodford (1994), and has since been discussed by many analysts including Bernanke and Woodford (1997), Kerr and King (1996), King (2000), Carlstrom and Fuerst (2001), and Bullard and Mitra (2002).”
An Introduction into the SVAR Methodology: Identification, Interpretation and Limitations of SVAR models (2001, unknown): “For this purpose is useful to rewrite the structural model given by (7) and (8) in matrix form, which leads to (11) ttt eYLBY +=Γ )( , __________ 30 For a discussion of the forward-looking IS equation see King (2001), p. 50.”
Testing for Indeterminacy: An Application to U. S. Monetary Policy (2007, unknown): “Details can be found, for instance, in King (2000) and Woodford (2003).”
E-Stability vis-a-vis Determinacy Results for a Broad Class of Linear Rational Expectations Models (2007, background): “To show that a very wide variety of linear RE models can be written in form (1)(2), consider the formulation of King and Watson (1998) or Klein (2001), as exposited by McCallum (1998), as follows:”