How Should Monetary Policy be Conducted in an Era of Price Stability

By Lars E. O. Svensson. 2000

256 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/e20f9f68debacbe21777acf6bcddc0e7bb9f528f

Citations in the corpus

• Independent Review of the Operation of Monetary Policy in New Zealand: Report to the Minister of Finance (2001, unknown): “2 Some of this discussion builds on Svensson [20] and [22].”
• Optimal Monetary Policy in a Currency Area (2004, unknown): “Peersman and Smets (1999), Rudebush and Svensson (2000) and Svensson (1999a) evaluate alternative monetary policy rules in the EMU by using closed-economy models.”
• The New Keynesian Phillips Curve: From Sticky Inflation to Sticky Prices (2008, unknown): “…short-run aggregate supply curve is 1 1 , 0 1, 0 1, and 0. t f t t b t y t f b y E y π α π α π α α α α + − = + + ≤ ≤ ≤ ≤ > (3) In addition, recent literature of inflation targeting, notably Svensson (1999a; 1999b; 2000), suggests a more general specification for core inflation e t π taking…”
• The Zero Bound in an Open Economy: A Foolproof Way of Escaping from a Liquidity Trap (2000, unknown): “In Svensson (2000b), domestic inflation is assumed to be predetermined two periods in advance, in order to have a two-period lag in the effect of monetary policy on domestic inflation (and hence, a longer lag than for the output gap, see below).”
• Speed Limit Policies: The Output Gap and Optimal Monetary Policy (2003, unknown): “so the first order condition (25) becomes”
• Background studies for the ECB's evaluation of its monetary policy strategy (2003, unknown): “5 See in particular Svensson (2003 and 2002). See also IMF (2002a), and Sachverständigenrat zur Begutachtung der gesamtwirtschaftlichen Entwicklung (2002). 6 See for instance Fels and Bartsch (2003), Deutsche Bank (2003), Belke, Kösters, Leschke, and Polleit (2003).”