EconPapers    
Economics at your fingertips  
 

Details about Timothy S. Fuerst

E-mail:
Phone:574-631-4853
Postal address:Department of Economics 713 Flanner Hall University of Notre Dame Notre Dame, IN 46556
Workplace:Department of Economics, University of Notre Dame, (more information at EDIRC)

Access statistics for papers by Timothy S. Fuerst.

Last updated 2014-07-23. Update your information in the RePEc Author Service.

Short-id: pfu6


Jump to Journal Articles Chapters Software Items

Working Papers

2013

  1. Estimating Contract Indexation in a Financial Accelerator Model
    Documentos de Investigación - Research Papers, Centro de Estudios Monetarios Latinoamericanos, CEMLA Downloads View citations (3)
    Also in Working Paper, Federal Reserve Bank of Cleveland (2013) Downloads
  2. Policy multipliers under an interest rate peg of deterministic versus stochastic duration
    Bank of England working papers, Bank of England Downloads
  3. Privately optimal contracts and suboptimal outcomes in a model of agency costs
    Working Paper, Federal Reserve Bank of Cleveland Downloads View citations (1)
    Also in Working Paper, Federal Reserve Bank of Cleveland (2012) Downloads View citations (1)

2012

  1. Fiscal multipliers under an interest rate peg of deterministic vs. stochastic duration
    Working Paper, Federal Reserve Bank of Cleveland Downloads
    Also in Working Paper, Federal Reserve Bank of Cleveland (2012) Downloads
  2. How inflationary is an extended period of low interest rates?
    Working Paper, Federal Reserve Bank of Cleveland Downloads
  3. Inflation and output in New Keynesian models with a transient interest rate peg
    Bank of England working papers, Bank of England Downloads
    Also in Working Paper, Federal Reserve Bank of Cleveland (2012) Downloads

2011

  1. Indexed debt contracts and the financial accelerator
    Working Paper, Federal Reserve Bank of Cleveland Downloads View citations (1)

2009

  1. Optimal monetary policy in a model with agency costs
    2009 Meeting Papers, Society for Economic Dynamics Downloads View citations (6)
    See also Journal Article in Journal of Money, Credit and Banking (2010)

2007

  1. Inflation persistence, inflation targeting and the Great Moderation
    Working Paper, Federal Reserve Bank of Cleveland Downloads

2006

  1. Central bank independence and inflation: a note
    Working Paper, Federal Reserve Bank of Cleveland Downloads View citations (1)
    See also Journal Article in Economic Inquiry (2009)
  2. Co-movement in sticky price models with durable goods
    Working Paper, Federal Reserve Bank of Cleveland Downloads View citations (16)

2005

  1. Oil prices, monetary policy, and counterfactual experiments
    Working Paper, Federal Reserve Bank of Cleveland Downloads View citations (4)
    See also Journal Article in Journal of Money, Credit and Banking (2006)

2004

  1. Asset prices, nominal rigidities, and monetary policy
    Working Paper, Federal Reserve Bank of Cleveland Downloads View citations (3)
    See also Journal Article in Review of Economic Dynamics (2007)
  2. Thinking about monetary policy without money: a review of three books: Inflation Targeting, Monetary Theory and Policy, and Interest and Prices
    Working Paper, Federal Reserve Bank of Cleveland Downloads

2003

  1. Capital trading, stock trading, and the inflation tax on equity: a note
    Working Paper, Federal Reserve Bank of Cleveland Downloads View citations (1)
    See also Journal Article in Review of Economic Dynamics (2003)
  2. Comments on backward-looking interest-rate rules, interest-rate smoothing, and macroeconomic instability
    Working Paper, Federal Reserve Bank of Cleveland Downloads View citations (1)
  3. Does It Matter (for Equilibrium Determinacy) What Price Index the Central Bank Targets?
    Boston College Working Papers in Economics, Boston College Department of Economics Downloads View citations (9)
    Also in Working Paper, Federal Reserve Bank of Cleveland (2002) Downloads View citations (9)

    See also Journal Article in Journal of Economic Theory (2006)
  4. Investment and interest rate policy: a discrete time analysis
    Working Paper, Federal Reserve Bank of Cleveland Downloads View citations (14)
    See also Journal Article in Journal of Economic Theory (2005)

2002

  1. Imperfect capital markets and nominal wage rigidities
    Working Paper, Federal Reserve Bank of Cleveland Downloads View citations (2)

2001

  1. Learning and the central bank
    Working Paper, Federal Reserve Bank of Cleveland Downloads View citations (12)
    See also Journal Article in Journal of Monetary Economics (2004)
  2. Monetary policy in a world without perfect capital markets
    Working Paper, Federal Reserve Bank of Cleveland Downloads View citations (4)
  3. Real indeterminacy in monetary models with nominal interest rate distortions: the problem with inflation targets
    Working Paper, Federal Reserve Bank of Cleveland Downloads View citations (1)
    See also Journal Article in Review of Economic Dynamics (2001)
  4. Taylor rules in a model that satisfies the natural rate hypothesis
    Working Paper, Federal Reserve Bank of Cleveland Downloads View citations (7)
    See also Journal Article in American Economic Review (2002)
  5. Timing and real indeterminacy in monetary models
    Working Paper, Federal Reserve Bank of Cleveland Downloads View citations (149)
    See also Journal Article in Journal of Monetary Economics (2001)

2000

  1. Forward-looking versus backward-looking Taylor rules
    Working Paper, Federal Reserve Bank of Cleveland Downloads View citations (62)
  2. Monetary shocks, agency costs, and business cycles
    Working Paper, Federal Reserve Bank of Cleveland Downloads View citations (9)
    See also Journal Article in Carnegie-Rochester Conference Series on Public Policy (2001)
  3. Money growth rules and price level determinacy
    Working Paper, Federal Reserve Bank of Cleveland Downloads View citations (3)
    See also Journal Article in Review of Economic Dynamics (2003)
  4. Optimal Monetary Policy in a Small Open Economy: A General Equilibrium Analysis
    Working Papers Central Bank of Chile, Central Bank of Chile Downloads View citations (2)
    Also in Working Paper, Federal Reserve Bank of Cleveland (1999) Downloads View citations (7)
    Working Papers, London School of Economics - Centre for Labour Economics (1999) View citations (1)

    See also Chapter (2002)

1998

  1. Price-level and interest-rate targeting in a model with sticky prices
    Working Paper, Federal Reserve Bank of Cleveland Downloads View citations (10)

1996

  1. Agency costs, net worth, and business fluctuations: a computable general equilibrium analysis
    Working Paper, Federal Reserve Bank of Cleveland Downloads View citations (10)
    See also Journal Article in American Economic Review (1997)

1995

  1. Interest rate rules vs. money growth rules: a welfare comparison in a cash-in-advance economy
    Working Paper, Federal Reserve Bank of Cleveland Downloads View citations (55)
    See also Journal Article in Journal of Monetary Economics (1995)

1990

  1. Liquidity
    Discussion Papers, Northwestern University, Center for Mathematical Studies in Economics and Management Science Downloads

Journal Articles

2014

  1. Adding Double Inertia to Taylor Rules to Improve Accuracy
    Economic Commentary, 2014, (May) Downloads

2012

  1. Gaps versus growth rates in the Taylor Rule
    Economic Commentary, 2012, (Oct)

2010

  1. Monetary policy in a world with interest on reserves
    Economic Commentary, 2010, (Jun) Downloads
  2. NOMINAL RIGIDITIES, RESIDENTIAL INVESTMENT, AND ADJUSTMENT COSTS
    Macroeconomic Dynamics, 2010, 14, (01), 136-148 Downloads View citations (8)
  3. Optimal Monetary Policy in a Model with Agency Costs
    Journal of Money, Credit and Banking, 2010, 42, (s1), 37-70 Downloads View citations (17)
    See also Working Paper (2009)

2009

  1. CENTRAL BANK INDEPENDENCE AND INFLATION: A NOTE
    Economic Inquiry, 2009, 47, (1), 182-186 Downloads View citations (13)
    See also Working Paper (2006)
  2. Inflation Persistence, Monetary Policy, and the Great Moderation
    Journal of Money, Credit and Banking, 2009, 41, (4), 767-786 Downloads View citations (4)
  3. Monetary policy shocks, Choleski identification, and DNK models
    Journal of Monetary Economics, 2009, 56, (7), 1014-1021 Downloads View citations (11)

2008

  1. Explaining apparent changes in the Phillips curve: the Great Moderation and monetary policy
    Economic Commentary, 2008, (Feb) Downloads View citations (4)
  2. Explaining apparent changes in the Phillips curve: trend inflation isn't constant
    Economic Commentary, 2008, (Jan) Downloads
  3. Inertial Taylor rules: the benefit of signaling future policy
    Review, 2008, (May), 193-203 Downloads View citations (2)
    Also in Policy Discussion Papers, 2007, (Apr) (2007) Downloads

2007

  1. Asset Prices, Nominal Rigidities, and Monetary Policy
    Review of Economic Dynamics, 2007, 10, (2), 256-275 Downloads View citations (29)
    See also Working Paper (2004)

2006

  1. Central bank independence: the key to price stability?
    Economic Commentary, 2006, (Sep) Downloads
  2. Does it matter (for equilibrium determinacy) what price index the central bank targets?
    Journal of Economic Theory, 2006, 128, (1), 214-231 Downloads View citations (12)
    See also Working Paper (2003)
  3. Milton Friedman, teacher, 1912-2006
    Economic Commentary, 2006, (Dec) Downloads View citations (1)
  4. Oil Prices, Monetary Policy, and Counterfactual Experiments
    Journal of Money, Credit and Banking, 2006, 38, (7), 1945-1958 Downloads View citations (15)
    See also Working Paper (2005)

2005

  1. Considerable period of time: the case of signaling future policy
    Economic Commentary, 2005, (Nov) Downloads View citations (1)
  2. Introduction to monetary policy and capital accumulation
    Journal of Economic Theory, 2005, 123, (1), 1-3 Downloads View citations (3)
  3. Investment and interest rate policy: a discrete time analysis
    Journal of Economic Theory, 2005, 123, (1), 4-20 Downloads View citations (60)
    See also Working Paper (2003)
  4. Oil prices, monetary policy, and the macroeconomy
    Policy Discussion Papers, 2005, (Apr) Downloads View citations (4)
    Also in Economic Commentary, 2005, (Jul) (2005) Downloads View citations (2)

2004

  1. Expected inflation and TIPS
    Economic Commentary, 2004, (Nov) Downloads View citations (7)
  2. Hyperinflationary Equilibria and Timing: A Note
    Journal of Money, Credit and Banking, 2004, 36, (6), 1115-20
  3. Learning and the central bank
    Journal of Monetary Economics, 2004, 51, (2), 327-338 Downloads View citations (19)
    See also Working Paper (2001)
  4. Thinking about Monetary Policy without Money
    International Finance, 2004, 7, (2), 325-347 Downloads View citations (4)

2003

  1. Capital Trading, Stock Trading, and the Inflation Tax on Equity: A Note
    Review of Economic Dynamics, 2003, 6, (4), 987-990 Downloads
    See also Working Paper (2003)
  2. Money Growth Rules and Price Level Determinacy
    Review of Economic Dynamics, 2003, 6, (2), 263-275 Downloads View citations (21)
    See also Working Paper (2000)
  3. The Taylor rule: a guidepost for monetary policy?
    Economic Commentary, 2003, (Jul) Downloads

2002

  1. Monetary policy rules and stability: inflation targeting versus price-level targeting
    Economic Commentary, 2002, (Feb) Downloads View citations (4)
  2. Stock prices and output growth: an examination of the credit channel
    Economic Commentary, 2002, (Aug) Downloads View citations (2)
  3. Taylor Rules in a Model that Satisfies the Natural-Rate Hypothesis
    American Economic Review, 2002, 92, (2), 79-84 Downloads View citations (5)
    See also Working Paper (2001)

2001

  1. Monetary policy and asset prices with imperfect credit markets
    Economic Review, 2001, (Q IV), 51-59 Downloads View citations (4)
  2. Monetary policy and self-fulfilling expectations: the danger of forecasts
    Economic Review, 2001, (Q I), 9-19 Downloads View citations (6)
  3. Monetary shocks, agency costs, and business cycles
    Carnegie-Rochester Conference Series on Public Policy, 2001, 54, (1), 1-27 Downloads View citations (27)
    See also Working Paper (2000)
  4. Perils of price deflations: an analysis of the Great Depression
    Economic Commentary, 2001, (Feb) Downloads
  5. Real Indeterminacy in Monetary Models with Nominal Interest Rate Distortions
    Review of Economic Dynamics, 2001, 4, (4), 767-789 Downloads View citations (36)
    See also Working Paper (2001)
  6. Timing and real indeterminacy in monetary models
    Journal of Monetary Economics, 2001, 47, (2), 285-298 Downloads View citations (132)
    See also Working Paper (2001)

2000

  1. The fiscal theory of the price level
    Economic Review, 2000, (Q I), 22-32 Downloads View citations (23)

1999

  1. Forecasts and sunspots: looking back for a better future
    Economic Commentary, 1999, (Nov) Downloads View citations (3)
  2. Money growth and inflation: does fiscal policy matter?
    Economic Commentary, 1999, (Apr) Downloads View citations (4)

1998

  1. A Note on the Role of Countercyclical Monetary Policy
    Journal of Political Economy, 1998, 106, (4), 860-889 Downloads View citations (9)
  2. Agency costs and business cycles
    Economic Theory, 1998, 12, (3), 583-597 Downloads View citations (63)
  3. Some models to guide monetary policymakers: A comment
    Carnegie-Rochester Conference Series on Public Policy, 1998, 48, (1), 43-50 Downloads

1997

  1. Agency Costs, Net Worth, and Business Fluctuations: A Computable General Equilibrium Analysis
    American Economic Review, 1997, 87, (5), 893-910 Downloads View citations (392)
    See also Working Paper (1996)
  2. Comment on "On the Fit of a Neoclassical Monetary Model in High Inflation: Israel 1972-1990."
    Journal of Money, Credit and Banking, 1997, 29, (4), 755-58
  3. Two-Part Trade Policy under Imperfect Competition
    Review of International Economics, 1997, 5, (1), 63-71 View citations (1)

1996

  1. Interest rate rules for seasonal and business cycles
    Economic Commentary, 1996, (Jul) Downloads View citations (1)
  2. The benefits of interest rate targeting: a partial and a general equilibrium analysis
    Economic Review, 1996, (Q II), 2-14 Downloads View citations (2)

1995

  1. Interest rate rules vs. money growth rules a welfare comparison in a cash-in-advance economy
    Journal of Monetary Economics, 1995, 36, (2), 247-267 Downloads View citations (34)
    See also Working Paper (1995)
  2. Monetary and Financial Interactions in the Business Cycle
    Journal of Money, Credit and Banking, 1995, 27, (4), 1321-38 Downloads View citations (51)
    Also in Proceedings, 1994, 1321-1353 (1994) View citations (3)

1994

  1. Monetary Policy and Financial Intermediation
    Journal of Money, Credit and Banking, 1994, 26, (3), 362-76 Downloads View citations (3)
  2. Optimal Monetary Policy in a Cash-in-Advance Economy
    Economic Inquiry, 1994, 32, (4), 582-96 View citations (5)
  3. The availability doctrine
    Journal of Monetary Economics, 1994, 34, (3), 429-443 Downloads View citations (8)

1992

  1. Liquidity, loanable funds, and real activity
    Journal of Monetary Economics, 1992, 29, (1), 3-24 Downloads View citations (236)

1991

  1. The Sustainability of Budget Deficits with Lump-Sum and with Income-Based Taxation: Comment
    Journal of Money, Credit and Banking, 1991, 23, (3), 605-08 Downloads

Chapters

2002

  1. Optimal Monetary Policy in a Small, Open Economy: A General Equilibrium Analysis
    Chapter 10 in Monetary Policy: Rules and Transmission Mechanisms, 2002, vol. 4, pp 275-298 Downloads View citations (1)
    See also Working Paper (2000)

Software Items

 
Page updated 2014-09-01