Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
create a website

Capital and macroeconomic instability in a discrete-time model with forward-looking interest rate rules. (2007). Meng, Qinglai ; Huang, Kevin ; KevinX. D. Huang, ; Kevin x. d. Huang, ; Kevin X. D. Huang, .
In: Working Papers.
RePEc:fip:fedpwp:07-4.

Full description at Econpapers || Download paper

Cited: 13

Citations received by this document

Cites: 34

References cited by this document

Cocites: 50

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

  1. Some Unconventional Properties of New Keynesian DSGE Models. (2023). , Christiaan ; Heijdra, Ben J.
    In: De Economist.
    RePEc:kap:decono:v:171:y:2023:i:2:d:10.1007_s10645-023-09420-4.

    Full description at Econpapers || Download paper

  2. The (de)Stabilizing Role of Fiscal and Monetary Policy. (2020). Onori, Daria ; Magris, Francesco.
    In: LEO Working Papers / DR LEO.
    RePEc:leo:wpaper:2746.

    Full description at Econpapers || Download paper

  3. MACROECONOMIC (IN)STABILITY OF INTEREST RATE RULES IN A MODEL WITH BANKING SYSTEM AND RESERVE MARKETS. (2015). Chen, Shu-Hua.
    In: Macroeconomic Dynamics.
    RePEc:cup:macdyn:v:19:y:2015:i:07:p:1476-1508_00.

    Full description at Econpapers || Download paper

  4. Returns to Scale, Market Power, and the Nature of Price Rigidity in New Keynesian Models with Self‐Fulfilling Expectations. (2014). Meng, Qinglai ; Huang, Kevin ; KevinX. D. Huang, ; Kevin x. d. Huang, ; Kevin X. D. Huang, .
    In: Journal of Money, Credit and Banking.
    RePEc:wly:jmoncb:v:46:y:2014:i:2-3:p:293-320.

    Full description at Econpapers || Download paper

  5. Capital accumulation, sectoral heterogeneity and the Taylor principle. (2014). Sveen, Tommy.
    In: Journal of Economic Dynamics and Control.
    RePEc:eee:dyncon:v:44:y:2014:i:c:p:20-28.

    Full description at Econpapers || Download paper

  6. The Taylor principle in a medium-scale macroeconomic model. (2013). Sveen, Tommy ; Weinke, Lutz.
    In: Journal of Economic Dynamics and Control.
    RePEc:eee:dyncon:v:37:y:2013:i:12:p:3034-3043.

    Full description at Econpapers || Download paper

  7. Determinacy under Inflation Targeting Interest Rate Policy in a Sticky Price Model with Investment (and Labor Bargaining). (2011). Van Zandweghe, Willem ; Kurozumi, Takushi.
    In: Journal of Money, Credit and Banking.
    RePEc:wly:jmoncb:v:43:y:2011:i:5:p:1019-1033.

    Full description at Econpapers || Download paper

  8. Determinacy under inflation targeting interest rate policy in a sticky price model with investment (and labor bargaining). (2010). Van Zandweghe, Willem ; Kurozumi, Takushi.
    In: Research Working Paper.
    RePEc:fip:fedkrw:rwp10-15.

    Full description at Econpapers || Download paper

  9. MODELLING TIME AND MACROECONOMIC DYNAMICS. (2010). Giannitsarou, Chryssi ; Anagnostopoulos, Alexis.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:8050.

    Full description at Econpapers || Download paper

  10. The Taylor Principle in a medium-scale macroeconomic model. (2010). Sveen, Tommy ; Weinke, Lutz.
    In: Working Paper.
    RePEc:bno:worpap:2010_09.

    Full description at Econpapers || Download paper

  11. Is forward-looking inflation targeting destabilizing? The role of policys response to current output under endogenous investment. (2009). XUE, Jianpo ; Meng, Qinglai ; Huang, Kevin ; Huang, Kevin X. D., .
    In: Journal of Economic Dynamics and Control.
    RePEc:eee:dyncon:v:33:y:2009:i:2:p:409-430.

    Full description at Econpapers || Download paper

  12. Monetary policy rules and indterminacy. (2008). Khramov, Vadim ; Sossounov, Kirill.
    In: MPRA Paper.
    RePEc:pra:mprapa:11996.

    Full description at Econpapers || Download paper

  13. Investment, interest rate policy, and equilibrium stability. (2008). Van Zandweghe, Willem ; Kurozumi, Takushi.
    In: Journal of Economic Dynamics and Control.
    RePEc:eee:dyncon:v:32:y:2008:i:5:p:1489-1516.

    Full description at Econpapers || Download paper

References

References cited by this document

    References contributed by pro164-25647

  1. Benhabib, J., Eusepi, S, 2005. The design of monetary and fiscal policy: A global perspective. Journal of Economic Theory 123, 40-73.

  2. Benhabib, J., Schmitt-Groh¶e, S., Uribe, M., 2001a. The perils of Taylor rules. Journal of Economic Theory 96, 40-69.

  3. Benhabib, J., Schmitt-Groh¶e, S., Uribe, M., 2001b. Monetary policy and multiple equilibria. American Economic Review 91, 167-186.

  4. Bernanke, B.S., Woodford, M., 1997. Inflation forecast and monetary policy. Journal of Money, Credit, and Banking 24, 653-684.

  5. Carlstrom, C.T., Fuerst, T.S., 2001. Real indeterminacy in monetary models with nominal interest rate distortions. Review of Economic Dynamics 4, 767-789.

  6. Carlstrom, C.T., Fuerst, T.S., 2005. Investment and interest rate policy: A discrete-time analysis. Journal of Economic Theory 123, 4-20.

  7. Christiano, L.J., Gust, C.J., 1999. Taylor rules in a limited participation model. De Economist 147, 437-60.

  8. Clarida, R., Gal¶³, J., Gertler, M., 2000. Monetary policy rules and macroeconomic stability: Evidence and some theory. Quarterly Journal of Economics 115, 147-180.

  9. Dornbusch, R., 1976. Expectations and the exchange rate dynamics. Journal of Political Economy 84, 1161-1176.

  10. Dupor, B., 2001. Investment and interest rate policy. Journal of Economic Theory 98, 81-113.

  11. Dupor, B., 2003. Optimal random monetary policy with nominal rigidity. Journal of Economic theory 112, 66-78.

  12. Hairault, J., Portier, F., 1993. Money, new-Keynesian macroeconomics, and the business cycle. European Economic Review 37, 1533-1568.

  13. Hansen, G.D., 1985. Indivisible labor and the business cycle. Journal of Monetary Economics 16, 309-327.

  14. Hornstein, A., Wolman, A.L., 2005. Trend inflation, firm-specific capital, and sticky prices. Federal Reserve Bank of Richmond Economic Quarterly 91/4, 57-83.

  15. Ireland, P., 2000. Interest rate, inflation, and Federal Reserve policy since 1980. Journal of Money, Credit, and Banking 32, 417-234.

  16. John, A., Wolman, A.L., 1999. Does state-dependent pricing imply coordination failure? Federal Reserve Bank of Richmond Working Paper No. 99-5.
    Paper not yet in RePEc: Add citation now
  17. John, A., Wolman, A.L., 2004. An inquiry into the existence and uniqueness of equilibrium with state-dependent pricing. Federal Reserve Bank of Richmond Working Paper No. 04-4.

  18. Kerr, W., King R.G., 1996. Limits on interest rate rules in the IS-LM model. Federal Reserve Bank of Richmond Economic Quarterly 82/2, 47-75.

  19. Kim, J., 2000. Constructing and estimating a realistic optimizing model of monetary policy. Journal of Monetary Economics 45, 329-359.

  20. Kimball, M., 1995. The quantitative analytics of the basic neomonetarist model. Journal of Money, Credit, and Banking 27, 1241-1277.

  21. King, R.G., Wolman, A.L., 2004. Monetary discretion, pricing complementarity, and dynamic multiple equilibria. Quarterly Journal of Economics 119, 1513-1553.

  22. Leeper, E., 1991. Equilibrium under `active' and `passive' monetary and fiscal policies. Journal of Monetary Economics 27, 129-147.
    Paper not yet in RePEc: Add citation now
  23. Ljungqvist, L., Sargent, T., 2000. Recursive Macroeconomic Theory. MIT Press, Cambridge.
    Paper not yet in RePEc: Add citation now
  24. McCallum, B.T., 1981. Price level determinacy with an interest rate policy rule and rational expectations. Journal of Monetary Economics 8, 319-329.

  25. Obstfeld, M., Rogoff, K., 1996. Foundations of International Macroeconomics. MIT Press, Cambridge, MA.

  26. Rogerson, R., 1988. Indivisible labor, lotteries and equilibrium. Journal of Monetary Economics 21, 3-16.

  27. Rotemberg, J.J., 1982. Monopolistic price adjustment and aggregate output. Review of Economic Studies 49, 517-531.

  28. Rotemberg, J.J., Woodford, M., 1997. An optimization-based econometric framework for the evaluation of monetary policy, in: Bernanke, B.S., Rotemberg, J.J. (Eds.), NBER Macroeconomics Annual. Cambridge, Massachusetts, pp. 297-346.

  29. Rotemberg, J.J., Woodford, M., 1999. Interest-rate rules in an estimated sticky-price model, in: Taylor, J.B. (Ed.), Monetary Policy Rules. University of Chicago Press, Chicago, pp. 57-119.

  30. Sargent, T.J., Wallace, N., 1975. Rational expectations, the optimal monetary instrument, and the optimal money supply rules. Journal of Political Economy 83, 241-254.

  31. Sveen, T., Weinke, L., 2005. New perspectives on capital, sticky prices, and the Taylor principle. Journal of Economic Theory 123, 21-39.

  32. Svensson, L., 1986. Sticky goods prices, flexible asset prices, monopolistic competition, and monetary policy. Review of Economic Studies 53, 385-405.

  33. Taylor, J.B., 1993. Discretion versus policy rules in practice. Carnegie-Rochester Series on Public Policy 39, 195-214.

  34. Taylor, J.B., 1999. Monetary Policy Rules. University of Chicago Press, Chicago.

Cocites

Documents in RePEc which have cited the same bibliography

  1. Expectations, Stagnation and Fiscal Policy. (2017). Honkapohja, Seppo ; Evans, George ; Mitra, Kaushik.
    In: 2017 Meeting Papers.
    RePEc:red:sed017:160.

    Full description at Econpapers || Download paper

  2. Shilnikov chaos in the Lucas model of endogenous growth. (2017). Bella, Giovanni ; Mattana, Paolo ; Venturi, Beatrice .
    In: Journal of Economic Theory.
    RePEc:eee:jetheo:v:172:y:2017:i:c:p:451-477.

    Full description at Econpapers || Download paper

  3. Equilibrium Determinacy and Policy Rules : Role of Productive Money and Government Expenditure. (2016). Fujisaki, Seiya .
    In: MPRA Paper.
    RePEc:pra:mprapa:69834.

    Full description at Econpapers || Download paper

  4. Equilibria under monetary and fiscal policy interactions in a portfolio choice model. (2016). Gliksberg, Baruch.
    In: Journal of Economic Dynamics and Control.
    RePEc:eee:dyncon:v:69:y:2016:i:c:p:209-228.

    Full description at Econpapers || Download paper

  5. Expectations, Stagnation and Fiscal Policy. (2016). Honkapohja, Seppo ; Evans, George ; Mitra, Kaushik.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:11428.

    Full description at Econpapers || Download paper

  6. Are consumption taxes preferable to income taxes in preventing macroeconomic instability?. (2015). McKnight, Stephen.
    In: Serie documentos de trabajo del Centro de Estudios Económicos.
    RePEc:emx:ceedoc:2015-04.

    Full description at Econpapers || Download paper

  7. Monetary exit and fiscal spillovers. (2015). Libich, Jan ; Stehlik, Petr ; Nguyen, Dat Thanh .
    In: European Journal of Political Economy.
    RePEc:eee:poleco:v:40:y:2015:i:pa:p:184-206.

    Full description at Econpapers || Download paper

  8. Monetary Exit and Fiscal Spillovers. (2014). Libich, Jan ; Nguyen, Dat ; Stehlik, Petr.
    In: MPRA Paper.
    RePEc:pra:mprapa:57266.

    Full description at Econpapers || Download paper

  9. Monetary Policy Switching in the Euro Area and Multiple Equilibria: An Empirical Investigation. (2014). Dufrénot, Gilles ; Khayat, Anwar ; Dufrenot, Gilles.
    In: Working Papers.
    RePEc:hal:wpaper:halshs-00973504.

    Full description at Econpapers || Download paper

  10. Price indexation, habit formation, and the Generalized Taylor Principle. (2014). Park, Woong Yong ; Lee, Jae Won ; Bhattarai, Saroj.
    In: Journal of Economic Dynamics and Control.
    RePEc:eee:dyncon:v:48:y:2014:i:c:p:218-225.

    Full description at Econpapers || Download paper

  11. Monetary Policy Switching in the Euro Area and Multiple Equilibria: An Empirical Investigation. (2014). Dufrénot, Gilles ; Khayat, Anwar ; Dufrenot, Gilles.
    In: AMSE Working Papers.
    RePEc:aim:wpaimx:1408.

    Full description at Econpapers || Download paper

  12. .

    Full description at Econpapers || Download paper

  13. .

    Full description at Econpapers || Download paper

  14. Price Indexation, Habit Formation, and the Generalized Taylor Principle. (2013). Park, Woong Yong ; Lee, Jae Won ; Bhattarai, Saroj.
    In: CAMA Working Papers.
    RePEc:een:camaaa:2013-52.

    Full description at Econpapers || Download paper

  15. Linear production function, externalities and indeterminacy in a capital-resource growth model. (2013). russu, paolo ; carboni, oliviero.
    In: Journal of Mathematical Economics.
    RePEc:eee:mateco:v:49:y:2013:i:5:p:422-428.

    Full description at Econpapers || Download paper

  16. The Taylor principle in a medium-scale macroeconomic model. (2013). Sveen, Tommy ; Weinke, Lutz.
    In: Journal of Economic Dynamics and Control.
    RePEc:eee:dyncon:v:37:y:2013:i:12:p:3034-3043.

    Full description at Econpapers || Download paper

  17. Monetary Policy Facing Fiscal Indiscipline under Generalized Timing of Actions. (2012). Libich, Jan ; Stehlik, Petr.
    In: Journal of Institutional and Theoretical Economics (JITE).
    RePEc:mhr:jinste:urn:sici:0932-4569(201209)168:3_393:mpffiu_2.0.tx_2-w.

    Full description at Econpapers || Download paper

  18. Do real balance effects invalidate the Taylor principle in closed and open economies?. (2012). Mihailov, Alexander ; McKnight, Stephen.
    In: Serie documentos de trabajo del Centro de Estudios Económicos.
    RePEc:emx:ceedoc:2012-10.

    Full description at Econpapers || Download paper

  19. Homoclinic and Heteroclinic Bifurcations in an Overlapping Generations Model with Credit Market Imperfection. (2011). Vachadze, George ; Agliari, Anna.
    In: Computational Economics.
    RePEc:kap:compec:v:38:y:2011:i:3:p:241-260.

    Full description at Econpapers || Download paper

  20. Monetary Exit Strategy and Fiscal Spillovers. (2011). Libich, Jan ; Nguyen, Dat Thanh ; Stehlik, Petr.
    In: CAMA Working Papers.
    RePEc:een:camaaa:2011-04.

    Full description at Econpapers || Download paper

  21. Poverty trap and global indeterminacy in a growth model with open-access natural resources. (2011). russu, paolo ; Antoci, Angelo ; Galeotti, Marcello .
    In: Journal of Economic Theory.
    RePEc:eee:jetheo:v:146:y:2011:i:2:p:569-591.

    Full description at Econpapers || Download paper

  22. تجربة الاتحاد النقدي الأوروبي في مجال التنسيق بين السياستين المالية والنقدية. (2010). Kamal, Mona.
    In: MPRA Paper.
    RePEc:pra:mprapa:27764.

    Full description at Econpapers || Download paper

  23. Distortionary taxation and interest rate policy. (2010). Kurozumi, Takushi.
    In: Journal of Macroeconomics.
    RePEc:eee:jmacro:v:32:y:2010:i:1:p:476-491.

    Full description at Econpapers || Download paper

  24. Monetary policy under a fiscal theory of sovereign default. (2010). Schabert, Andreas.
    In: Journal of Economic Theory.
    RePEc:eee:jetheo:v:145:y:2010:i:2:p:860-868.

    Full description at Econpapers || Download paper

  25. Investment and the Taylor rule in a dynamic Keynesian model. (2010). Greenberg, Edward ; Fazzari, Steven ; Ferri, Piero.
    In: Journal of Economic Dynamics and Control.
    RePEc:eee:dyncon:v:34:y:2010:i:10:p:2010-2022.

    Full description at Econpapers || Download paper

  26. Implementing Optimal Monetary Policy in New-Keynesian Models with Inertia. (2010). McGough, Bruce ; Evans, George ; GeorgeW. Evans, .
    In: The B.E. Journal of Macroeconomics.
    RePEc:bpj:bejmac:v:10:y:2010:i:1:n:5.

    Full description at Econpapers || Download paper

  27. The Taylor Principle in a medium-scale macroeconomic model. (2010). Sveen, Tommy ; Weinke, Lutz.
    In: Working Paper.
    RePEc:bno:worpap:2010_09.

    Full description at Econpapers || Download paper

  28. Monetary Policy under a Fiscal Theory of Sovereign Default. (2009). Schabert, Andreas.
    In: Tinbergen Institute Discussion Papers.
    RePEc:tin:wpaper:20090093.

    Full description at Econpapers || Download paper

  29. Monetary policy and multiple equilibria with constrained investment and externalities. (2009). Gliksberg, Baruch.
    In: Economic Theory.
    RePEc:spr:joecth:v:41:y:2009:i:3:p:443-463.

    Full description at Econpapers || Download paper

  30. Bubble-free policy feedback rules. (2009). Loisel, Olivier.
    In: Journal of Economic Theory.
    RePEc:eee:jetheo:v:144:y:2009:i:4:p:1521-1559.

    Full description at Econpapers || Download paper

  31. Fiscal and monetary rules for a currency union. (2009). Ferrero, Andrea.
    In: Journal of International Economics.
    RePEc:eee:inecon:v:77:y:2009:i:1:p:1-10.

    Full description at Econpapers || Download paper

  32. Is forward-looking inflation targeting destabilizing? The role of policys response to current output under endogenous investment. (2009). XUE, Jianpo ; Meng, Qinglai ; Huang, Kevin ; Huang, Kevin X. D., .
    In: Journal of Economic Dynamics and Control.
    RePEc:eee:dyncon:v:33:y:2009:i:2:p:409-430.

    Full description at Econpapers || Download paper

  33. Global indeterminacy in locally determinate real business cycle models. (2009). Wen, Yi ; Coury, Tarek.
    In: International Journal of Economic Theory.
    RePEc:bla:ijethy:v:5:y:2009:i:1:p:49-60.

    Full description at Econpapers || Download paper

  34. The advantage of flexible targeting rules. (2008). Ferrero, Andrea.
    In: Staff Reports.
    RePEc:fip:fednsr:339.

    Full description at Econpapers || Download paper

  35. Labor market search and interest rate policy. (2008). Van Zandweghe, Willem ; Kurozumi, Takushi.
    In: Research Working Paper.
    RePEc:fip:fedkrw:rwp08-03.

    Full description at Econpapers || Download paper

  36. Limited asset markets participation, monetary policy and (inverted) aggregate demand logic. (2008). bilbiie, florin.
    In: Journal of Economic Theory.
    RePEc:eee:jetheo:v:140:y:2008:i:1:p:162-196.

    Full description at Econpapers || Download paper

  37. Estimation and testing of Euler equation models with time-varying reduced-form coefficients. (2008). Li, Hong.
    In: Journal of Econometrics.
    RePEc:eee:econom:v:142:y:2008:i:1:p:425-448.

    Full description at Econpapers || Download paper

  38. Investment, interest rate policy, and equilibrium stability. (2008). Van Zandweghe, Willem ; Kurozumi, Takushi.
    In: Journal of Economic Dynamics and Control.
    RePEc:eee:dyncon:v:32:y:2008:i:5:p:1489-1516.

    Full description at Econpapers || Download paper

  39. INCREASING RETURNS AND THE DESIGN OF INTEREST RATE RULES. (2008). Xiao, Wei.
    In: Macroeconomic Dynamics.
    RePEc:cup:macdyn:v:12:y:2008:i:01:p:22-49_06.

    Full description at Econpapers || Download paper

  40. Is forward-looking inflation targeting destabilizing? The role of policys response to current output under endogenous investment. (2007). Meng, Qinglai ; Huang, Kevin.
    In: Kiel Working Papers.
    RePEc:zbw:ifwkwp:1348.

    Full description at Econpapers || Download paper

  41. Investment and Interest Rate Policy in the Open Economy. (2007). McKnight, Stephen.
    In: Economic Analysis Research Group Working Papers.
    RePEc:rdg:eargwp:earg-wp2007-11.

    Full description at Econpapers || Download paper

  42. Capital and macroeconomic instability in a discrete-time model with forward-looking interest rate rules. (2007). Meng, Qinglai ; Huang, Kevin ; KevinX. D. Huang, ; Kevin x. d. Huang, ; Kevin X. D. Huang, .
    In: Working Papers.
    RePEc:fip:fedpwp:07-4.

    Full description at Econpapers || Download paper

  43. Monetary policy as equilibrium selection. (2007). Bullard, James ; Azariadis, Costas ; Antinolfi, Gaetano.
    In: Review.
    RePEc:fip:fedlrv:y:2007:i:jul:p:331-342:n:v.89no.4.

    Full description at Econpapers || Download paper

  44. Firm-specific capital, nominal rigidities, and the Taylor principle. (2007). Sveen, Tommy ; Weinke, Lutz.
    In: Journal of Economic Theory.
    RePEc:eee:jetheo:v:136:y:2007:i:1:p:729-737.

    Full description at Econpapers || Download paper

  45. Capital and macroeconomic instability in a discrete-time model with forward-looking interest rate rules. (2007). Meng, Qinglai ; Huang, Kevin ; Huang, Kevin X. D., .
    In: Journal of Economic Dynamics and Control.
    RePEc:eee:dyncon:v:31:y:2007:i:8:p:2802-2826.

    Full description at Econpapers || Download paper

  46. Government Spending and the Taylor Principle. (2006). Natvik, Gisle.
    In: Working Paper.
    RePEc:bno:worpap:2006_11.

    Full description at Econpapers || Download paper

  47. Firm-specific capital, nominal rigidities, and the Taylor principle. (2006). Sveen, Tommy ; Weinke, Lutz.
    In: Working Paper.
    RePEc:bno:worpap:2006_06.

    Full description at Econpapers || Download paper

  48. Bubble-free interest-rate rules.. (2006). Loisel, Olivier.
    In: Working papers.
    RePEc:bfr:banfra:161.

    Full description at Econpapers || Download paper

  49. New perspectives on capital, sticky prices, and the Taylor principle. (2005). Sveen, Tommy ; Weinke, Lutz.
    In: Journal of Economic Theory.
    RePEc:eee:jetheo:v:123:y:2005:i:1:p:21-39.

    Full description at Econpapers || Download paper

  50. Introduction to monetary policy and capital accumulation. (2005). Fuerst, Timothy ; Carlstrom, Charles ; Benhabib, Jess.
    In: Journal of Economic Theory.
    RePEc:eee:jetheo:v:123:y:2005:i:1:p:1-3.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-02-13 10:11:08 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Sponsored by INOMICS. Last updated October, 6 2023. Contact: CitEc Team.