References for Journalarticle 2007-8

Please note: the authoritative source for references in this article is the according PDF file.

Number of references: 77

Amato, Jeffery, and Laubach, Thomas (2004). Implications of Habit Formation for Optimal Monetary Policy. Journal of Monetary Economics, 51:305-325.

Andrés, Javier, Lopez-Salido, J., and Nelson, Edward (2005). Sticky-Price Models and the Natural Rate Hypothesis. Journal of Monetary Economics, 52:1025-1053.

Ball, Laurence, and Sheridan, Niamh (2003). Does Inflation Targeting Matter? National Bureau of Economic Research, Inc, NBER Working Papers 9577. http://ideas.repec.org/p/nbr/nberwo/9577.html

Batini, Nicoletta, Jackson, Brian, and Nickell, Stephen (2005). An Open-Economy New Keynesian Phillips Curve for the U.K. Journal of Monetary Economics, 52:1061-1071.

Belaygorod, Anatoliy, Laubach, Thomas, Mishkin, Frederic, and Dueker, Michael (2005). Discrete Monetary Policy Changes and Changing Inflation Targets in Estimated Stochastic General Equilibrium Models. Federal Reserve Bank of St. Louis Review, :719-733.

Benigno, Gianluca (2004). Real Exchange Rate Persistence and Monetary Policy Rules. Journal of Monetary Economics, 51:473-502.

Bernanke, Ben, and Posen, Adam (1999). Inflation Targeting: Lessons from the International Experience. Princetion University Press.

Bernanke, Ben, and Woodford, Michael (2005). The Inflation-Targeting Debate. The University of Chicago Press.

Bils, Mark, and Klenow, Peter (2004). Some Evidence on the Importance of Sticky Prices. Journal of Political Economy, 112:947-985.

Blanchard, Olivier, and Gali, Jordi (2005). Real Wage Rigidities and the New Keynesian Model. Centre for Economic Policy Research.

Bouakez, Hafedh, Cardia, Emanuela, and Ruge-Murcia, Francisco (2005). Habit Formation and the Persistence of Monetary Shocks. Journal of Monetary Economics, 52:1073-1088.

Calvo, Guillermo, (1983). Staggered Prices in a Utility-Maximizing Framework. Journal of Monetary Economics, 12:383-398.

Cecchetti, Stephen, and Kim, Junhan (2005). Inflation Targeting, Price-Path Targeting, and Output Variability. In: The inflation-targeting debate, pp. 173-200, University of Chicago Press.

Chari, V.V., Kehoe, Patrick, and McGratten, Ellen (2000). Sticky Price Models of the Business Cycle: Can the Contract Multiplier Solve the Persistence Problem. Econometrica, 68:1151-1179.

Christiano, Lawrence, and Evans, Charles (2005). Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy. Journal of Political Economy, 113:1-45.

Clarida, Richard, Gali, Jordi, and Gertler, Mark (2000). Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory. Quarterly Journal of Economics, 115:147-180.

Clarida, Richard, Gali, Jordi, and Gertler, Mark (2001). Optimal Monetary Policy in Open versus Closed Economies: An Integrated Approach. The American Economic Review, 91:248-252.

Clarida, Richard, Gali, Jordi, and Gertler, Mark (2001). The Science of Monetary Policy: A New Keynesian Perspective. The Journal of Economic Literature, 37:1661-1707.

Coenen, Gunter, and Wieland, Volker (2005). Euro Area Model with Rational Expectations and Nominal Rigidities. European Economic Review, 49:1081-1104.

Corsetti, Giancarlo, and Pesenti, Paolo (2005). International Dimensions of Optimal Monetary Policy. Journal of Monetary Economics, 52:281-305.

Del Negro, Marco, Schorfheide, Frank, Smets, Frank, and Wouters, Raf (2006). On the Fit of New-Keynesian Models. European Central Bank, Working Paper 491.

Dewald, William, and Johnson, Harry (1963). An Objective Analysis of the Objectives of American Monetary Policy, 1952–61. Banking and Monetary Studies, :171-189.

Erceg, Christopher, and Levin, Andrew (2000). Optimal Monetary Policy with Staggered Wage and Price Contracts. Journal of Monetary Economics, 46:81-313.

Evans, George, and Ramey, Garey (2006). Adaptive Expectations, Underparameterization and the Lucas Critique. Journal of Monetary Economics, 53..

Fair, Ray (1974). A Model of Macroeconomic Activity. Vol. 1: The Theoretical Model. Cambridge, MA: Ballinger Publishing Co,.

Fair, Ray (1974). On the Solution of Optimal Control Problems as Maximization Problems. Annals of Economic and Social Measurement, 3:135-154..

Fair, Ray (1978). The Sensitivity of Fiscal Policy Effects to Assumptions about the Behavior of the Federal Reserve. Econometrica, 46:1165-1179.

Fair, Ray (1984). Specification, Estimation, and Analysis of macroeconometric Models. Cambridge, MA: Harvard University Press.

Fair, Ray (2000). Testing the NAIRU Model for the United States. The Review of Economics and Statistics, 82:64-71.

Fair, Ray (2002). On Modeling the Effects of Inflation Shocks. Contributions to Macroeconomics, 2(1).

Fair, Ray (2004). Estimating How the Macroeconomy Works. Cambridge, MA: Harvard University Press.

Federal Reserve Board (2000). FRB/US Equation Documentation for the VAR-Based Expectations Version of the Model. May.

Fuhrer, Jeffrey, and Rudebusch, Glenn (2004). Estimating the Euler Equation for Output. Journal of Monetary Economics, 51:1133-1153.

Gali, Jordi, and Gertler, Mark (1999). Inflation Dynamics: A Structural Econometric Analysis. Journal of Monetary Economics, 44:195-222.

Gali, Jordi, Gertler, Mark, and Lopez-Salido, J. (2005). Robustness of the Estimates of the Hybrid New Keynesian Phillips Curve. Journal of Monetary Economics, 52:1107-1118.

Giannoni, Marc, and Woodford, Michael (2005). Optimal Inflation-Targeting Rules. In: The inflation-targeting debate, pp. 93-172, University of Chicago Press.

Goodfriend, Marvin, and King, Robert (1998). The New Neoclassical Synthesis and the Role of Monetary Policy. Federal Reserve Bank of Richmond, Working Paper 98-05. http://ideas.repec.org/p/fip/fedrwp/98-05.html

Gurkaynak, Refet, Sack, Brian, and Swanson, Eric (2005). The Sensitivity of Long-Term Interest Rates to Economic News: Evidence and Implications for Macroeconomic Models. The American Economic Review, 95:425-436.

Iacoviello, Matteo (2005). House Prices, Borrowing Constraints, and Monetary Policy in the Business Cycle. American Economic Review, 95(3):739-764. http://ideas.repec.org/a/aea/aecrev/v95y2005i3p739-764.html

Ireland, Peter (2004). A Method for Taking Models to the Data. Journal of Economic Dynamics and Control, 28(6):1205-1226. http://ideas.repec.org/a/eee/dyncon/v28y2004i6p1205-1226.html

Ireland, Peter (2004). Money's Role in the Monetary Business Cycle. Journal of Money, Credit and Banking, 36(6):969-83. http://ideas.repec.org/a/mcb/jmoncb/v36y2004i6p969-83.html

Ireland, Peter (2004). Technology Shocks in the New Keynesian Model. The Review of Economics and Statistics, 86(4):923-936. http://ideas.repec.org/a/tpr/restat/v86y2004i4p923-936.html

Keen, Benjamin (2004). In Search of the Liquidity Effect in a Modern Monetary Model. Journal of Monetary Economics, 51(7):1467-1494. http://ideas.repec.org/a/eee/moneco/v51y2004i7p1467-1494.html

Kim, Jinill, and Henderson, Dale (2005). Inflation Targeting and Nominal-Income-Growth Targeting: When and Why are They Suboptimal? Journal of Monetary Economics, 52(8):1463-1495. http://ideas.repec.org/a/eee/moneco/v52y2005i8p1463-1495.html

King, Robert, and Wolman, Alexander (2004). Monetary Discretion, Pricing Complementarity, and Dynamic Multiple Equilibria. The Quarterly Journal of Economics, 119(4):1513-1553. http://ideas.repec.org/a/tpr/qjecon/v119y2004i4p1513-1553.html

Klein, L.R. (1950). Economic Fluctuations in the United States, 1921-1941,. In: Cowles Commission Monograph n10, New York: John Wiley and Sons, Monograph.

Kurmann, André (2005). Quantifying the Uncertainty about the Fit of a New Keynesian Pricing Model. Journal of Monetary Economics, 52:1119-1134.

Leduc, Sylvain, and Sill, Keith (2004). A quantitative analysis of oil-price shocks, systematic monetary policy, and economic downturns. Journal of Monetary Economics, 51(4):781-808. http://ideas.repec.org/a/eee/moneco/v51y2004i4p781-808.html

Leith, Campbell, and Malley, Jim (2005). Estimated general equilibrium models for the evaluation of monetary policy in the US and Europe. European Economic Review, 49(8):2137-2159. http://ideas.repec.org/a/eee/eecrev/v49y2005i8p2137-2159.html

Levin, Andrew, Wieland, Volker, and Williams, John (2003). The Performance of Forecast-Based Monetary Policy Rules Under Model Uncertainty. American Economic Review, 93(3):622-645. http://ideas.repec.org/a/aea/aecrev/v93y2003i3p622-645.html

Levin, Andrew, and Williams, John (2003). Robust monetary policy with competing reference models. Journal of Monetary Economics, 50(5):945-975. http://ideas.repec.org/a/eee/moneco/v50y2003i5p945-975.html

Linde, Jesper (2005). Estimating New-Keynesian Phillips curves: A full information maximum likelihood approach. Journal of Monetary Economics, 52(6):1135-1149. http://ideas.repec.org/a/eee/moneco/v52y2005i6p1135-1149.html

Lubik, Thomas, and Schorfheide, Frank (2004). Testing for Indeterminacy: An Application to U.S. Monetary Policy. American Economic Review, 94(1):190-217. http://ideas.repec.org/a/aea/aecrev/v94y2004i1p190-217.html

Lucas, Robert (1976). Econometric Policy Evaluation: A Critique. In: The Phillips Curve and Labor Markets, ed. by K. Brunner and A.H. Meltzer, Amsterdam: North-Holland.

Mankiw, N., and Reis, Ricardo (2002). Sticky Information Versus Sticky Prices: A Proposal To Replace The New Keynesian Phillips Curve. The Quarterly Journal of Economics, 117(4):1295-1328. http://ideas.repec.org/a/tpr/qjecon/v117y2002i4p1295-1328.html

Mankiw, N., and Reis, Ricardo (2006). Pervasive Stickiness. American Economic Review, 96(2):164-169. http://ideas.repec.org/a/aea/aecrev/v96y2006i2p164-169.html

Mavroeidis, Sophocles (2005). Identification Issues in Forward-Looking Models Estimated by GMM, with an Application to the Phillips Curve. Journal of Money, Credit and Banking, 37(3):421-48. http://ideas.repec.org/a/mcb/jmoncb/v37y2005i3p421-48.html

Nessen, Marianne, and Vestin, David (2005). Average Inflation Targeting. Journal of Money, Credit and Banking, 37(5):837-63. http://ideas.repec.org/a/mcb/jmoncb/v37y2005i5p837-63.html

Orphanides, Athanasios, and Williams, John (2003). Imperfect Knowledge, Inflation Expectations, and Monetary Policy. Center for Financial Studies, CFS Working Paper Series 2003/40. http://ideas.repec.org/p/cfs/cfswop/wp200340.html

Pappa, Eva (2004). Do the ECB and the Fed Really Need to Cooperate? Optimal Monetary Policy in a Two-Country World. Journal of Mon, 51:753-779.

Rabanal, Pau, and Rubio-Ramirez, Juan (2005). Comparing New Keynesian models of the business cycle: A Bayesian approach. Journal of Monetary Economics, 52(6):1151-1166. http://ideas.repec.org/a/eee/moneco/v52y2005i6p1151-1166.html

Ravenna, Federico, and Walsh, Carl (2006). Optimal monetary policy with the cost channel. Journal of Monetary Economics, 53(2):199-216. http://ideas.repec.org/a/eee/moneco/v53y2006i2p199-216.html

Reifschneider, David, Tetlow, Robert, and Williams, John (1999). Aggregate Disturbances, Monetary Policy, and the Macroeconomy: the FRB/US Perspective. Federal Reserve Bulletin, (Jan):1-19. http://ideas.repec.org/a/fip/fedgrb/y1999ijanp1-19nv.85no.1.html

Rudd, Jeremy,, and Whelan, Karl (2005). New Tests of the New-Keynesian Phillips Curve. Journal of Monetary Economics, 52:1167-1181.

Rudd, Jeremy, and Whelan, Karl (2006). Can Rational Expectations Sticky-Price Models Explain Inflation Dynamics? American Economic Review, 96(1):303-320. http://ideas.repec.org/a/aea/aecrev/v96y2006i1p303-320.html

Rudebusch, Glenn (2005). Assessing the Lucas Critique in Monetary Policy Models. Journal of Money, Credit and Banking, 37(2):245-72. http://ideas.repec.org/a/mcb/jmoncb/v37y2005i2p245-72.html

Sahuc, Jean-Guillaume (2006). Partial Indexation, Trend Inflation, and the Hybrid Phillips Curve. Economics Letters, 90(1):42-50. http://ideas.repec.org/a/eee/ecolet/v90y2006i1p42-50.html

Sbordone, Argia (2002). Price and Unit Labor Costs in a Model of Labor Hoarding. Journal of Monetary Economics, 38:331-361.

Sbordone, Argia (2005). Do Expected Future Marginal Costs Drive Inflation Dynamics? Federal Reserve Bank of New York, Staff Reports 204.

Solow, Robert (1991). Cowles and the Tradition of Macroeconomics. Cowles Foundation.

Steinsson, Jon (2003). Optimal Monetary Policy in an Economy with Inflation Persistence. Journal of Monetary Economics, 50(7):1425-1456.

Taylor, John (1999). Monetary Policy Rules. The University of Chicago Press.

Taylor, John (1999). A Historical Analysis of Monetary Policy Rules. In: Monetary Policy Rules, Chicago: The University of Chicago Press.

Tinbergen, Jan (1939). Statistical Testing of Business Cycle Theories. Geneva: League of Nations.

Woodford, Michael (2003). Interest and Prices. Princeton: Princeton University Press.

Woodford, Michael (2006). Rules for Monetary Policy. NBER Reporter.

Yun, Tack (2005). Optimal Monetary Policy with Relative Price Distortions. American Economic Review, 95(1):89-109. http://ideas.repec.org/a/aea/aecrev/v95y2005i1p89-109.html