Endogenously persistent output dynamics: A puzzle for the sticky-price model?

Discretion versus policy rules in practice

1993 • 9,049 citations

Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy

2005 • 5,787 citations

The Science of Monetary Policy: A New Keynesian Perspective

1999 • 5,015 citations

Monetary policy rules in practice

1998 • 2,333 citations

Closing small open economy models

2002 • 2,116 citations

Exchange Rate Dynamics Redux

1995 • 2,107 citations

Monopolistic Price Adjustment and Aggregate Output

1982 • 1,194 citations

Dynamics of the trade balance and the terms of trade: The J-curve?

1994 • 1,010 citations

New Keynesian Economics and the Phillips Curve

1995 • 943 citations

Sticky Price Models of the Business Cycle: Can the Contract Multiplier Solve the Persistence Problem?

2000 • 794 citations

Financial autarky and international business cycles

2002 • 693 citations

Interest Rate Rules in an Estimated Sticky Price Model

1999 • 606 citations

International Business Cycles with Endogenous Incomplete Markets

2002 • 561 citations

Overlapping families of infinitely-lived agents

1989 • 511 citations

How the Bundesbank Conducts Monetary Policy

1996 • 476 citations

Sticky-price models of the business cycle: Specification and stability

2001 • 382 citations

Reducing Inflation

1997 • 312 citations

Speculative Hyperinflations in Maximizing Models: Can We Rule Them Out?

1983 • 215 citations

Estimates of the elasticities of substitution between imports and home goods for the United States: Reply

1989 • 204 citations

Dynamics of the trade balance and the terms of trade: the S-curve

1992 • 201 citations

Inspecting the Mechanism: An Analytical Approach to the Stochastic Growth Model

1992 • 178 citations

Macroeconomic interdependence under incomplete markets

2006 • 120 citations

Net foreign assets and the exchange rate: Redux revived

2002 • 115 citations