FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W3122060627> ?p ?o ?g. }

• W3122060627 endingPage "527" @default.
• W3122060627 startingPage "515" @default.
• W3122060627 abstract "We propose an alternative way of estimating Taylor reaction functions if the zero‐lower bound on nominal interest rates is binding. This approach relies on tackling the real rather than the nominal interest rate. So if the nominal rate is (close to) zero central banks can influence the inflation expectations via quantitative easing. The unobservable inflation expectations are estimated with a state‐space model that additionally generates a time varying series for the equilibrium real interest rate and the potential output — both needed for estimations of Taylor reaction functions. We test our approach for the ECB and the Fed within the recent crisis. We add other explanatory variables to this modified Taylor reaction function and show that there are substantial differences between the estimated reaction coefficients in the pre‐ and crisis era for both central banks. While the central banks on both sides of the Atlantic act less inertially, put a smaller weight on the inflation gap, money growth and the risk spread, the response to asset price inflation becomes more pronounced during the crisis. However, the central banks diverge in their response to the output gap and credit growth." @default.
• W3122060627 created "2021-02-01" @default.
• W3122060627 creator A5032385416 @default.
• W3122060627 creator A5084870183 @default.
• W3122060627 date "2013-09-01" @default.
• W3122060627 modified "2023-10-01" @default.
• W3122060627 title "Modifying Taylor reaction functions in the presence of the zero‐lower‐bound — Evidence for the ECB and the Fed" @default.
• W3122060627 cites W1504396732 @default.
• W3122060627 cites W1964218244 @default.
• W3122060627 cites W1974680173 @default.
• W3122060627 cites W1975063543 @default.
• W3122060627 cites W1978282661 @default.
• W3122060627 cites W1980975224 @default.
• W3122060627 cites W1982029994 @default.
• W3122060627 cites W1982051493 @default.
• W3122060627 cites W2002239044 @default.
• W3122060627 cites W2005679363 @default.
• W3122060627 cites W2011944362 @default.
• W3122060627 cites W2025253910 @default.
• W3122060627 cites W2036255516 @default.
• W3122060627 cites W2040087773 @default.
• W3122060627 cites W2042211096 @default.
• W3122060627 cites W2046518595 @default.
• W3122060627 cites W2049693663 @default.
• W3122060627 cites W2056665261 @default.
• W3122060627 cites W2057366755 @default.
• W3122060627 cites W2063620752 @default.
• W3122060627 cites W2069189196 @default.
• W3122060627 cites W2085263542 @default.
• W3122060627 cites W2088563154 @default.
• W3122060627 cites W2096064009 @default.
• W3122060627 cites W2117178635 @default.
• W3122060627 cites W2133373365 @default.
• W3122060627 cites W2137518896 @default.
• W3122060627 cites W2140898820 @default.
• W3122060627 cites W2166878223 @default.
• W3122060627 cites W2964432269 @default.
• W3122060627 cites W3022712314 @default.
• W3122060627 cites W3121577856 @default.
• W3122060627 cites W3123997718 @default.
• W3122060627 cites W3124654401 @default.
• W3122060627 cites W3125135614 @default.
• W3122060627 cites W3125555705 @default.
• W3122060627 doi "https://doi.org/10.1016/j.econmod.2013.07.028" @default.
• W3122060627 hasPublicationYear "2013" @default.
• W3122060627 type Work @default.
• W3122060627 sameAs 3122060627 @default.
• W3122060627 citedByCount "25" @default.
• W3122060627 countsByYear W31220606272012 @default.
• W3122060627 countsByYear W31220606272014 @default.
• W3122060627 countsByYear W31220606272015 @default.
• W3122060627 countsByYear W31220606272016 @default.
• W3122060627 countsByYear W31220606272017 @default.
• W3122060627 countsByYear W31220606272018 @default.
• W3122060627 countsByYear W31220606272019 @default.
• W3122060627 countsByYear W31220606272020 @default.
• W3122060627 countsByYear W31220606272023 @default.
• W3122060627 crossrefType "journal-article" @default.
• W3122060627 hasAuthorship W3122060627A5032385416 @default.
• W3122060627 hasAuthorship W3122060627A5084870183 @default.
• W3122060627 hasBestOaLocation W31220606272 @default.
• W3122060627 hasConcept C121332964 @default.
• W3122060627 hasConcept C126285488 @default.
• W3122060627 hasConcept C139719470 @default.
• W3122060627 hasConcept C149782125 @default.
• W3122060627 hasConcept C154815372 @default.
• W3122060627 hasConcept C162324750 @default.
• W3122060627 hasConcept C165556158 @default.
• W3122060627 hasConcept C175025494 @default.
• W3122060627 hasConcept C185824701 @default.
• W3122060627 hasConcept C200941418 @default.
• W3122060627 hasConcept C2778078003 @default.
• W3122060627 hasConcept C2778222704 @default.
• W3122060627 hasConcept C2778887985 @default.
• W3122060627 hasConcept C2779513878 @default.
• W3122060627 hasConcept C2780695315 @default.
• W3122060627 hasConcept C2992735868 @default.
• W3122060627 hasConcept C33332235 @default.
• W3122060627 hasConcept C556758197 @default.
• W3122060627 hasConcept C84888623 @default.
• W3122060627 hasConceptScore W3122060627C121332964 @default.
• W3122060627 hasConceptScore W3122060627C126285488 @default.
• W3122060627 hasConceptScore W3122060627C139719470 @default.
• W3122060627 hasConceptScore W3122060627C149782125 @default.
• W3122060627 hasConceptScore W3122060627C154815372 @default.
• W3122060627 hasConceptScore W3122060627C162324750 @default.
• W3122060627 hasConceptScore W3122060627C165556158 @default.
• W3122060627 hasConceptScore W3122060627C175025494 @default.
• W3122060627 hasConceptScore W3122060627C185824701 @default.
• W3122060627 hasConceptScore W3122060627C200941418 @default.
• W3122060627 hasConceptScore W3122060627C2778078003 @default.
• W3122060627 hasConceptScore W3122060627C2778222704 @default.
• W3122060627 hasConceptScore W3122060627C2778887985 @default.
• W3122060627 hasConceptScore W3122060627C2779513878 @default.
• W3122060627 hasConceptScore W3122060627C2780695315 @default.
• W3122060627 hasConceptScore W3122060627C2992735868 @default.
• W3122060627 hasConceptScore W3122060627C33332235 @default.
• W3122060627 hasConceptScore W3122060627C556758197 @default.

• next