Federal Reserve interest rate targeting, rational expectations, and the term structure

A Simple, Positive Semi-Definite, Heteroskedasticity and Autocorrelation Consistent Covariance Matrix

1987 • 15,268 citations

The Federal funds rate and the channels of monetary transmission

1992 • 2,837 citations

Yield Spreads and Interest Rate Movements: A Bird's Eye View

1991 • 1,822 citations

The Information in Long-Maturity Forward Rates

1987 • 1,646 citations

A class of rank test procedures for censored survival data

1982 • 1,111 citations

The information in the term structure

1984 • 689 citations

The effect of changes in the federal funds rate target on market interest rates in the 1970s

1989 • 623 citations

The Changing Behavior of the Term Structure of Interest Rates

1986 • 513 citations

Interest rates and the conduct of monetary policy

1991 • 448 citations

Forward Rates and Future Policy: Interpreting the Term Structure of Interest Rates

1983 • 447 citations

New Hope for the Expectations Hypothesis of the Term Structure of Interest Rates

1989 • 344 citations

A Nonparametric Investigation of Duration Dependence in the American Business Cycle

1990 • 244 citations

Interest Rate Policy and the Inflation Scare Problem: 1979-1992

1993 • 191 citations

The Uncertain Unit Root in Real GNP

2020 • 183 citations

The Predictive Power of the Term Structure during Recent Monetary Regimes

1988 • 163 citations

Trends and Random Walks in Macroeconomic Time Series: A Re-Examination

1992 • 160 citations

Monetary Policy and the Term Structure of Interest Rates

1994 • 159 citations

U.S. monetary policy and financial markets

1998 • 151 citations

The information in the term structure: Some further results

1988 • 137 citations

Benchmarking the Expectations Hypothesis of the Interest-Rate Term Structure: An Analysis of Cointegration Vectors

1992 • 119 citations

The Political Economy of American Monetary Policy

1990 • 107 citations

New Hope for the Expectations Hypothesis of the Term Structure of Interest Rates

1989 • 93 citations

The uncertain unit root in real GNP

1992 • 89 citations

The political economy of American monetary policy

1991 • 86 citations

2. Have Postwar Economic Fluctuations Been Stabilized?

1999 • 76 citations

Data-Based Nonparametric Estimation of the Hazard Function with Applications to Model Diagnostics and Exploratory Analysis

1984 • 71 citations

The Federal Reserve reaction function: a specification search

1990 • 67 citations

Expectations and the Treasury Bill‐Federal Funds Rate Spread over Recent Monetary Policy Regimes

1990 • 63 citations

Interest rate expectations and the slope of the money market yield curve

1990 • 54 citations

Federal Reserve Operating Procedures: A Survey and Evaluation of the Historical Record Since October 1979

1982 • 53 citations

Expectations and Risk in the Treasury Bill Market: An Instrumental Variables Approach

1989 • 49 citations

Have Postwar Economic Fluctuations Been Stabilized?

1990 • 43 citations

The rational expectations hypothesis of the term structure, monetary policy, and time-varying term premia

1995 • 40 citations

U.S. Monetary Policy and Financial Markets

2013 • 38 citations

Determinants of the Federal Funds Rate: 1979-1982

1989 • 38 citations

Benchmarking the Expectations Hypothesis of the Interest-Rate Term Structure: An Analysis of Cointegration Vectors

1992 • 33 citations

The Predictive Power of the Term Structure During Recent Monetary Regimes

1988 • 32 citations

Data-Based Nonparametric Estimation of the Hazard Function with Applications to Model Diagnostis and Exploratory Analysis

1984 • 30 citations

Should the fed smooth interest rates? the case of seasonal monetary policy

1991 • 25 citations

Expectations and the Treasury Bill-Federal Funds Rate Spread over Recent Monetary Policy Regimes

1990 • 21 citations

The Rational Expectations Hypothesis of the Term Structure, Monetary Policy, and Time-Varying Term Premia

1995 • 19 citations

Interest rate policy and the inflation scare problem: 1979-1992

1993 • 15 citations

Yield curve forecasts of inflation: a cautionary tale

1994 • 14 citations

A Model of Target Changes and the Term Structure of Interest Rates

1993 • 10 citations

The Credibility of The Wall Street Journal in Reporting the Timing and Details of Monetary Policy Events

1989 • 5 citations

Operating procedures and the conduct of monetary policy: conference proceedings

1993 • 2 citations