Aiyagari, S. R., & McGrattan, E. R. (1998). The optimum quantity of debt. Journal of Monetary Economics, 42(3), 447–469. https://doi.org/10.1016/S0304-3932(98)00031-2
Citations
The works cited in public entries and courses on Econ Cortex, in APA style.
106 works, sorted by first author.
A
Akerlof, G. A., Dickens, W. T., & Perry, G. L. (1996). The macroeconomics of low inflation. Brookings Papers on Economic Activity, 1996(1), 1–76. https://doi.org/10.2307/2534646
Cited in Why two percent?
Alesina, A., Favero, C., & Giavazzi, F. (2019). Austerity: When It Works and When It Doesn't. Princeton University Press.
Cited in Sovereign debt and the euro area
Altavilla, C., Burlon, L., Giannetti, M., & Holton, S. (2022). Is there a zero lower bound? The effects of negative policy rates on banks and firms. Journal of Financial Economics, 144(3), 885–907. https://doi.org/10.1016/j.jfineco.2021.06.032
Cited in Negative interest rates
Auerbach, A. J., & Gorodnichenko, Y. (2012). Measuring the output responses to fiscal policy. American Economic Journal: Economic Policy, 4(2), 1–27. https://doi.org/10.1257/pol.4.2.1
Cited in Fiscal multipliers
B
Ball, L. (1994). What determines the sacrifice ratio? Monetary Policy, 155–193.
Cited in Credibility and disinflation
Ball, L. (2014). The case for a long-run inflation target of four percent.
Cited in Why two percent?
Bank of Japan (2016). New framework for strengthening monetary easing: “Quantitative and qualitative monetary easing with yield curve control”. https://www.boj.or.jp/en/mopo/mpmdeci/mpr_2016/k160921a.pdf
Cited in Yield curve control and the exit
Barro, R. J. (1979). On the determination of the public debt. Journal of Political Economy, 87(5), 940–971. https://doi.org/10.1086/260807
Barro, R. J., & Gordon, D. B. (1983). A positive theory of monetary policy in a natural rate model. Journal of Political Economy, 91(4), 589–610. https://doi.org/10.1086/261167
Bauer, M. D., & Rudebusch, G. D. (2014). The signaling channel for Federal Reserve bond purchases. International Journal of Central Banking, 10(3), 233–289.
Cited in Asset purchases: channels
Beljean, T., & Geier, A. (2013). The Swiss debt brake: has it been a success? Swiss Journal of Economics and Statistics, 149(2), 115–135. https://doi.org/10.1007/BF03399383
Benigno, P., & Eggertsson, G. B. (2023). It's baaack: The surge in inflation in the 2020s and the return of the non-linear Phillips curve. https://doi.org/10.3386/w31197
Cited in The Phillips curve
Bernanke, B. S., Laubach, T., Mishkin, F. S., & Posen, A. S. (1999). Inflation Targeting: Lessons from the International Experience. Princeton University Press.
Cited in Why two percent?
Bernanke, B. S. (2010). Monetary policy and the housing bubble. https://www.federalreserve.gov/newsevents/speech/bernanke20100103a.htm
Cited in Real-time data and the Taylor rule
Bernanke, B. S. (2020). The new tools of monetary policy. American Economic Review, 110(4), 943–983. https://doi.org/10.1257/aer.110.4.943
Bernanke, B. S., & Blanchard, O. (2023). What caused the US pandemic-era inflation?
Cited in The 2021–2023 test
Bhattarai, S., & Neely, C. J. (2022). An analysis of the literature on international unconventional monetary policy. Journal of Economic Literature, 60(2), 527–597. https://doi.org/10.1257/jel.20201493
Bianchi, F., Faccini, R., & Melosi, L. (2023). A fiscal theory of persistent inflation. Quarterly Journal of Economics, 138(4), 2127–2179. https://doi.org/10.1093/qje/qjad027
Blanchard, O., Dell'Ariccia, G., & Mauro, P. (2010). Rethinking macroeconomic policy. Journal of Money, Credit and Banking, 42(s1), 199–215. https://doi.org/10.1111/j.1538-4616.2010.00334.x
Cited in Why two percent?
Blanchard, O. J., & Leigh, D. (2013). Growth forecast errors and fiscal multipliers. American Economic Review: Papers and Proceedings, 103(3), 117–120. https://doi.org/10.1257/aer.103.3.117
Blanchard, O. (2019). Public debt and low interest rates. American Economic Review, 109(4), 1197–1229. https://doi.org/10.1257/aer.109.4.1197
Cited in Is public debt sustainable?
Blanchard, O. (2023). Fiscal Policy under Low Interest Rates. MIT Press.
Cited in Fiscal policy after 2020
Blinder, A. S., Ehrmann, M., Fratzscher, M., De Haan, J., & Jansen, D. (2008). Central bank communication and monetary policy: A survey of theory and evidence. Journal of Economic Literature, 46(4), 910–945. https://doi.org/10.1257/jel.46.4.910
Cited in Communication
Board of Governors of the Federal Reserve System (2024). Monetary Policy Report. https://www.federalreserve.gov/monetarypolicy/mpr_default.htm
Bohn, H. (1998). The behavior of U.S. public debt and deficits. Quarterly Journal of Economics, 113(3), 949–963. https://doi.org/10.1162/003355398555793
Cited in Is public debt sustainable?
Boskin, M. J., Dulberger, E. R., Gordon, R. J., Griliches, Z., & Jorgenson, D. W. (1996). Toward a more accurate measure of the cost of living.
Cited in Why two percent?
Brunnermeier, M. K., Garicano, L., Lane, P. R., Pagano, M., Reis, R., Santos, T., Thesmar, D., Van Nieuwerburgh, S., & Vayanos, D. (2016). The sovereign-bank diabolic loop and ESBies. American Economic Review: Papers and Proceedings, 106(5), 508–512. https://doi.org/10.1257/aer.p20161107
Cited in Sovereign debt and the euro area
Brunnermeier, M. K., & Koby, Y. (2018). The reversal interest rate. https://doi.org/10.3386/w25406
Cited in Negative interest rates
Bullard, J., & Mitra, K. (2002). Learning about monetary policy rules. Journal of Monetary Economics, 49(6), 1105–1129. https://doi.org/10.1016/S0304-3932(02)00144-7
Cited in The Taylor principle and determinacy
C
Calvo, G. A. (1988). Servicing the public debt: the role of expectations. American Economic Review, 78(4), 647–661.
Cited in Is public debt sustainable?
Campbell, J. R., Evans, C. L., Fisher, J. D. M., & Justiniano, A. (2012). Macroeconomic effects of Federal Reserve forward guidance. Brookings Papers on Economic Activity, 2012(1), 1–80. https://doi.org/10.1353/eca.2012.0004
Cited in Forward guidance
Christiano, L., Eichenbaum, M., & Rebelo, S. (2011). When is the government spending multiplier large? Journal of Political Economy, 119(1), 78–121. https://doi.org/10.1086/659312
Cited in Fiscal multipliers
Clarida, R., Galí, J., & Gertler, M. (1999). The science of monetary policy: A New Keynesian perspective. Journal of Economic Literature, 37(4), 1661–1707. https://doi.org/10.1257/jel.37.4.1661
Clarida, R., Galí, J., & Gertler, M. (2000). Monetary policy rules and macroeconomic stability: Evidence and some theory. Quarterly Journal of Economics, 115(1), 147–180. https://doi.org/10.1162/003355300554692
Cochrane, J. H. (2023). The Fiscal Theory of the Price Level. Princeton University Press.
Cited in Monetary and fiscal interaction
Coibion, O., Gorodnichenko, Y., & Kamdar, R. (2018). The formation of expectations, inflation, and the Phillips curve. Journal of Economic Literature, 56(4), 1447–1491. https://doi.org/10.1257/jel.20171300
Cited in Measuring expectations
Coibion, O., Gorodnichenko, Y., & Weber, M. (2022). Monetary policy communications and their effects on household inflation expectations. Journal of Political Economy, 130(6), 1537–1584. https://doi.org/10.1086/718982
Cited in Communication
Council of the European Union (2024). Regulation (EU) 2024/1263 on the effective coordination of economic policies and on multilateral budgetary surveillance.
D
De Grauwe, P. (2011). The governance of a fragile Eurozone.
Cited in Sovereign debt and the euro area