Discretionary monetary policy and the zero lower bound on nominal interest rates
By Klaus Adam, Roberto Billi. 2007
324 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/cb78fe83e932ed49d04680f32ed97071589060a6
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
- George W. Evans
- Seppo Honkapohja
- E. Guse
- C. Walsh
- Michael Woodford
- Bruce Preston
- P. Grauwe
- Cars H. Hommes
In Finance
Citations in the corpus
- Using monetary policy to stabilize economic activity (2009, methodology): “See Walsh 2009, ch. 3.”
- Quantifying and Sustaining Welfare Gains from Monetary Commitment (2007, unknown): “Last but not least, the implementation of the numerical methods utilized by Adam and Billi (2006) for a simple New Keynesian model with only 2 state variables would fall foul of the “curse of dimensionality” (Judd (1998), chapter 7) in our model with 11 state variables.”
- Liquidity traps, learning and stagnation ☆ (2008, background): “For example, Benhabib, Schmitt-Grohe, and Uribe (2001b), Benhabib, 1See Krugman (1998) for a recent seminal discussion and Adam and Billi (2005), Coenen and Wieland (2004), Eggertsson and Woodford (2003) and Eggertsson and Woodford (2004) for representative recent analyses and further references.”