A Macro-Finance Model of the Term Structure, Monetary Policy, and the Economy

Discretion versus policy rules in practice

1993 • 9,049 citations

The Science of Monetary Policy: A New Keynesian Perspective

1999 • 5,015 citations

Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory*

2000 • 4,799 citations

A YIELD‐FACTOR MODEL OF INTEREST RATES

1996 • 2,625 citations

Monetary Theory and Policy

1999 • 1,903 citations

Common Factors Affecting Bond Returns

1991 • 1,873 citations

Specification Analysis of Affine Term Structure Models

2000 • 1,864 citations

A no-arbitrage vector autoregression of term structure dynamics with macroeconomic and latent variables

2003 • 1,742 citations

Monetary Policy Rules

1999 • 1,724 citations

Term Premia and Interest Rate Forecasts in Affine Models

2002 • 1,656 citations

Habit Formation in Consumption and Its Implications for Monetary-Policy Models

2000 • 1,221 citations

Untitled

2002 • 1,171 citations

Measuring the Natural Rate of Interest

2003 • 975 citations

Expectation puzzles, time-varying risk premia, and affine models of the term structure

2002 • 823 citations

Term structure evidence on interest rate smoothing and monetary policy inertia

2002 • 791 citations

The New Neoclassical Synthesis and the Role of Monetary Policy

1997 • 683 citations

Do Measures of Monetary Policy in a Var Make Sense?

1998 • 654 citations

Monetary theory and policy

2004 • 601 citations

Bond Yields and the Federal Reserve

2005 • 577 citations

The Science of Monetary Policy: A New Keynesian Perspective

1999 • 542 citations

Shifting endpoints in the term structure of interest rates

2001 • 455 citations

A Theory of the Nominal Term Structure of Interest Rates

1992 • 423 citations

Is the Fed Too Timid? Monetary Policy in an Uncertain World

2001 • 398 citations

Assessing Nominal Income Rules for Monetary Policy with Model and Data Uncertainty

2002 • 396 citations

Monetary policy trade-offs and the correlation between nominal interest rates and real output

1995 • 348 citations

Inflation Targeting: Some Extensions

1999 • 298 citations

Optimal Monetary Policy Inertia

1999 • 220 citations

Monetary Policy and Market Interest Rates

2001 • 210 citations

Interpreting the Significance of the Lagged Interest Rate in Estimated Monetary Policy Rules

2003 • 202 citations

Monetary Policy Shifts and Long-Term Interest Rates

1996 • 192 citations

Estimating the Euler Equation for Output

2002 • 191 citations

How Useful Are Taylor Rules for Monetary Policy

1999 • 182 citations

Assessing the Lucas Critique in Monetary Policy Models

2005 • 136 citations

Opportunistic and Deliberate Disinflation under Imperfect Credibility

2000 • 122 citations

A Joint Econometric Model of Macroeconomic and Term Structure Dynamics

2003 • 121 citations

The Excess Sensitivity of Long-Term Interest Rates: Evidence and Implications for Macroeconomic Models

2003 • 114 citations

Term Structure Evidence on Interest Rate Smoothing and Monetary Policy Inertia

2001 • 105 citations

More on the Speed of Adjustment in Inventory Models

1986 • 84 citations

Macro Factors and the Term Structure of Interest Rates

2003 • 59 citations

Monetary Policy Surprises and the Yield Curve

2000 • 58 citations

What Does the Yield Curve Tell us about GDP Growth?

2004 • 55 citations

DYNAMIC TAYLOR RULES AND THE PREDICTABILITY OF INTEREST RATES

2005 • 45 citations

Monetary Policy and the Yield Curve

2003 • 43 citations

Macro Factors and the Affine Term Structure of Interest Rates

2005 • 24 citations

Time-Varying Equilibrium Real Rates and Monetary Policy Analysis

2004 • 19 citations

Inflation Scares and Forecast-Based Monetary Policy

2003 • 18 citations

New Keynesian Optimal Policy Models: An Empirical Assessment

2004 • 10 citations

Forces that shape the yield curve

2001 • 9 citations

The Macroeconomy and the Yield Curve: A Nonstructural Analysis

2003 • 8 citations

More on the Speed of Adjustment in Inventory Models

1986 • 4 citations