The Taylor Rule and Optimal Monetary Policy

Discretion versus policy rules in practice

1993 • 9,049 citations

The Science of Monetary Policy: A New Keynesian Perspective

1999 • 5,015 citations

Staggered Prices in a Utility-Maximizing Framework

1996 • 4,849 citations

Inflation dynamics: A structural econometric analysis

1999 • 3,079 citations

Time Varying Structural Vector Autoregressions and Monetary Policy

2005 • 2,575 citations

"Rational" Expectations, the Optimal Monetary Instrument, and the Optimal Money Supply Rule

1975 • 2,222 citations

An Optimization-Based Econometric Framework for the Evaluation of Monetary Policy

1997 • 1,801 citations

Learning about monetary policy rules

2002 • 936 citations

Prices and unit labor costs: a new test of price stickiness

2002 • 846 citations

Has Monetary Policy Become More Effective?

2006 • 777 citations

A Historical Analysis of Monetary Policy Rules

1999 • 769 citations

Optimal monetary policy inertia

1999 • 755 citations

What Is Wrong with Taylor Rules? Using Judgment in Monetary Policy through Targeting Rules

2003 • 668 citations

The optimum quantity of money

1969 • 614 citations

Interest Rate Rules in an Estimated Sticky Price Model

1999 • 606 citations

Taylor's rule and the Fed, 1970-1997

1998 • 453 citations

Robustness of Simple Monetary Policy Rules under Model Uncertainty

1998 • 364 citations

Price level determinacy with an interest rate policy rule and rational expectations

1981 • 273 citations

Pitfalls of Forward-Looking Monetary Policy

2000 • 191 citations

The Case for Price Stability

2001 • 190 citations

Simple Rules for Monetary Policy

1999 • 190 citations

Liability dollarization and the bank balance sheet channel

2004 • 143 citations

The Quest for Prosperity Without Inflation

2000 • 129 citations

Interest Rate Control and Nonconvergence to Rational Expectations

1992 • 127 citations

Inflation Stabilization and Welfare

2002 • 116 citations

Euro area inflation persistence

2006 • 82 citations

Optimal Interest-Rate Rules in a Forward-Looking Model, and Inflation Stabilization versus Price-Level Stabilization

2010 • 64 citations

Optimal Monetary Policy

2000 • 52 citations

The real interest rate gap as an inflation indicator

2001 • 42 citations

Open-Economy Inflation- Forecast Targeting

2006 • 27 citations