EconPapers    
Economics at your fingertips  
 

Details about Douglas Laxton

Homepage:http://douglaslaxton.org
Postal address:Canada
Workplace:Research Department, International Monetary Fund (IMF), (more information at EDIRC)

Access statistics for papers by Douglas Laxton.

Last updated 2014-07-09. Update your information in the RePEc Author Service.

Short-id: pla306


Jump to Journal Articles Chapters

Working Papers

2014

  1. Financial Crises in DSGE Models: A Prototype Model
    IMF Working Papers, International Monetary Fund Downloads View citations (1)
  2. Financial Crises in DSGE Models: Selected Applications of MAPMOD
    IMF Working Papers, International Monetary Fund Downloads View citations (1)

2013

  1. Adding China to the Global Projection Model
    IMF Working Papers, International Monetary Fund Downloads
  2. GPM6
    IMF Working Papers, International Monetary Fund Downloads View citations (1)
    Also in IMF Occasional Papers, International Monetary Fund (2004) Downloads View citations (30)
  3. Getting to Know GIMF
    IMF Working Papers, International Monetary Fund Downloads View citations (8)
  4. The Benefits of International Policy Coordination Revisited
    IMF Working Papers, International Monetary Fund Downloads

2012

  1. The Future of Oil
    IMF Working Papers, International Monetary Fund Downloads View citations (5)

2010

  1. A Model for Full-Fledged Inflation Targeting and Application to Ghana
    IMF Working Papers, International Monetary Fund Downloads View citations (1)
  2. Budget Consolidation
    IMF Working Papers, International Monetary Fund Downloads View citations (6)
  3. Chile’s Structural Fiscal Surplus Rule: a Model – Based Evaluation
    Working Papers Central Bank of Chile, Central Bank of Chile Downloads View citations (2)
    See also Journal Article in Journal Economía Chilena (The Chilean Economy) (2010)
  4. Effects of Fiscal Stimulus in Structural Models
    IMF Working Papers, International Monetary Fund Downloads View citations (66)
    See also Journal Article in American Economic Journal: Macroeconomics (2012)
  5. Estimating Potential Output with a Multivariate Filter
    IMF Working Papers, International Monetary Fund Downloads View citations (10)
  6. Structural Models in Real Time
    IMF Working Papers, International Monetary Fund Downloads View citations (3)
  7. The Global Integrated Monetary and Fiscal Model (GIMF)
    IMF Working Papers, International Monetary Fund Downloads View citations (26)
  8. To Starve or Not to Starve the Beast?
    IMF Working Papers, International Monetary Fund Downloads
    See also Journal Article in Journal of Macroeconomics (2014)

2009

  1. Adding Indonesia to the Global Projection Model
    IMF Working Papers, International Monetary Fund Downloads View citations (7)
  2. Adding Latin America to the Global Projection Model
    IMF Working Papers, International Monetary Fund Downloads View citations (11)
  3. Chile's Structural Fiscal Surplus Rule
    IMF Working Papers, International Monetary Fund Downloads View citations (6)
  4. Constructing Forecast Confidence Bands During the Financial Crisis
    IMF Working Papers, International Monetary Fund Downloads View citations (2)
  5. Developing a Structured Forecasting and Policy Analysis System to Support Inflation-Forecast Targeting (IFT)
    IMF Working Papers, International Monetary Fund Downloads View citations (5)
  6. Fiscal Deficits and Current Account Deficits
    IMF Working Papers, International Monetary Fund Downloads View citations (9)
    See also Journal Article in Journal of Economic Dynamics and Control (2013)
  7. Fiscal Stimulus to the Rescue? Short-Run Benefits and Potential Long-Run Costs of Fiscal Deficits
    IMF Working Papers, International Monetary Fund Downloads View citations (9)
  8. Gauging Risks for Deflation
    IMF Staff Position Notes, International Monetary Fund Downloads View citations (1)
  9. Inflation Targeting Pillars
    IMF Working Papers, International Monetary Fund Downloads View citations (1)
  10. Inflation Targeting Under Imperfect Policy Credibility
    IMF Working Papers, International Monetary Fund Downloads View citations (8)
  11. It Framework Design Parameters
    IMF Working Papers, International Monetary Fund Downloads
  12. Simple, Implementable Fiscal Policy Rules
    IMF Working Papers, International Monetary Fund Downloads View citations (7)
  13. The Case for Global Fiscal Stimulus
    IMF Staff Position Notes, International Monetary Fund Downloads View citations (3)
  14. Why Inflation Targeting?
    IMF Working Papers, International Monetary Fund Downloads View citations (24)

2008

  1. A Small Quarterly Multi-Country Projection Model
    IMF Working Papers, International Monetary Fund Downloads View citations (7)
  2. A Small Quarterly Multi-Country Projection Model with Financial-Real Linkages and Oil Prices
    IMF Working Papers, International Monetary Fund Downloads View citations (9)
  3. A Small Quarterly Projection Model of the US Economy
    IMF Working Papers, International Monetary Fund Downloads View citations (16)
  4. Monetary Transmission in an Emerging Targeter
    IMF Working Papers, International Monetary Fund Downloads View citations (7)
  5. Oil Price Movements and the Global Economy: A Model-Based Assessment
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (11)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2008) Downloads View citations (12)
    Working Papers, Bank of Canada (2007) Downloads View citations (7)

    See also Journal Article in IMF Staff Papers (2008)
  6. Why is Canada's Price Level so Predictable?
    IMF Working Papers, International Monetary Fund Downloads View citations (8)
    See also Journal Article in Journal of Money, Credit and Banking (2013)

2007

  1. A Party without a Hangover? On the Effects of U.S. Government Deficits
    2007 Meeting Papers, Society for Economic Dynamics Downloads View citations (2)
    Also in IMF Working Papers, International Monetary Fund (2007) Downloads View citations (28)
  2. DSGE Modeling At the Fund
    IMF Working Papers, International Monetary Fund Downloads View citations (8)
  3. Endogenous Monetary Policy Credibility in a Small Macro Model of Israel
    IMF Working Papers, International Monetary Fund Downloads View citations (16)

2006

  1. A New-Open-Economy Macro Model for Fiscal Policy Evaluation
    IMF Working Papers, International Monetary Fund Downloads View citations (32)
  2. A Practical Model-Based Approach to Monetary Policy Analysis: Overview
    IMF Working Papers, International Monetary Fund Downloads View citations (20)
  3. Deflationary Shocks and Monetary Rules: An Open-Economy Scenario Analysis
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (1)
    Also in Staff Reports, Federal Reserve Bank of New York (2006) Downloads View citations (1)
    NBER Working Papers, National Bureau of Economic Research, Inc (2006) Downloads View citations (2)

    See also Journal Article in Journal of the Japanese and International Economies (2006)
  4. Inflation Targeting Versus Joining a Monetary Union: An Assessment of the Potential Benefits and Costs Using a DSGE Model
    Computing in Economics and Finance 2006, Society for Computational Economics
  5. Measures of Potential Output from an Estimated DSGE Model of the United States
    Working Papers, Czech National Bank, Research Department Downloads View citations (8)
  6. Practical Model-Based Monetary Policy Analysis
    IMF Working Papers, International Monetary Fund Downloads View citations (18)
  7. Under What Conditions Can Inflation Targeting Be Adopted? The Experience of Emerging Markets
    Working Papers Central Bank of Chile, Central Bank of Chile Downloads View citations (14)
    See also Chapter (2007)
  8. Welfare-based monetary policy rules in an estimated DSGE model of the US economy
    Working Paper Series, European Central Bank Downloads View citations (38)
  9. Would Protectionism Defuse Global Imbalances and Spur Economic Activity? A Scenario Analysis
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (2)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2006) Downloads View citations (5)
    Staff Reports, Federal Reserve Bank of New York (2006) Downloads View citations (7)

    See also Journal Article in Journal of Economic Dynamics and Control (2008)

2005

  1. A Rational Expectations Model of Optimal Inflation Inertia
    Computing in Economics and Finance 2005, Society for Computational Economics Downloads View citations (1)
  2. On the Benefits of Exchange Rate Flexibility under Endogenous Tradedness of Goods
    Computing in Economics and Finance 2005, Society for Computational Economics Downloads View citations (4)
  3. Smooth Landing or Crash? Model-Based Scenarios of Global Current Account Rebalancing
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (41)
    See also Chapter (2007)
    Journal Article in Proceedings (2005)

2004

  1. Benefits and Spillovers of Greater Competition in Europe: A Macroeconomic Assesment
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (14)
    Also in Working Paper Series, European Central Bank (2004) Downloads View citations (70)
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2004) Downloads View citations (71)
    Staff Reports, Federal Reserve Bank of New York (2004) Downloads View citations (83)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) Downloads View citations (75)

2003

  1. IS THERE A ROLE FOR ASSET PRICES IN MONETARY RULES? SOME WELFARE ANALYSIS BASED ON PERTURBATION METHODS
    Computing in Economics and Finance 2003, Society for Computational Economics
  2. Monetary Rules for Small, Open, Emerging Economies
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (136)
    See also Journal Article in Journal of Monetary Economics (2003)
  3. Some Simulation Properties of the Major Euro Area Economies in Multimod
    IMF Working Papers, International Monetary Fund Downloads View citations (4)
    See also Journal Article in Economic Modelling (2004)

2002

  1. How Well Do Alternative Time-Varying Parameter Models of the NAIRU Help Policymakers Forecast Unemployment and Inflation in the OECD Countries?
    Computing in Economics and Finance 2002, Society for Computational Economics Downloads View citations (9)
  2. Monetary Policy Credibility and the Unemployment-Inflation Tradeoff
    IMF Working Papers, International Monetary Fund Downloads View citations (12)
  3. Monetary Policy Credibility and the Unemployment-Inflation Tradeoff: Some Evidence from Seventeen OECD Countries
    Computing in Economics and Finance 2002, Society for Computational Economics View citations (1)

2001

  1. Inflation Targeting with NAIRU Uncertainty and Endogenous Policy Credibility
    IMF Working Papers, International Monetary Fund Downloads View citations (9)
    See also Journal Article in Journal of Economic Dynamics and Control (2001)
  2. The Macroeconomic Effects of Higher Oil Prices
    IMF Working Papers, International Monetary Fund Downloads View citations (15)
    See also Journal Article in National Institute Economic Review (2002)
  3. The Zero Interest Rate Floor (ZIF) and its Implications for Monetary Policy in Japan
    IMF Working Papers, International Monetary Fund Downloads View citations (10)
    See also Journal Article in National Institute Economic Review (2004)

2000

  1. International Spillovers of Macroeconomic Shocks
    IMF Working Papers, International Monetary Fund Downloads View citations (3)
  2. Life-Cycles, Dynasties, Savings
    IMF Working Papers, International Monetary Fund Downloads View citations (19)

1999

  1. An Analysis of the Robustness of Simple Monetary Policy Rules in Simple Models of the Output-Inflation Process
    Computing in Economics and Finance 1999, Society for Computational Economics
  2. Real Interest Rates and Real Exchange Rates: Evidence from Indexed Bonds
    Computing in Economics and Finance 1999, Society for Computational Economics View citations (2)
    See also Journal Article in Manchester School (2003)
  3. Simple Monetary Policy Rules Under Model Uncertainty
    IMF Working Papers, International Monetary Fund Downloads View citations (156)
    Also in Computing in Economics and Finance 1999, Society for Computational Economics (1999) View citations (25)

    See also Journal Article in International Tax and Public Finance (1999)

1998

  1. Liberating Supply-Fiscal Policy and Technological innovation in a Multicountry Model
    IMF Working Papers, International Monetary Fund Downloads
    Also in MPRA Paper, University Library of Munich, Germany (1998) Downloads
  2. Multimod Mark III
    IMF Occasional Papers, International Monetary Fund Downloads View citations (69)

1997

  1. Phillips Curves
    CEP Discussion Papers, Centre for Economic Performance, LSE View citations (41)
  2. Phillips Curves, Phillips Lines and the Unemplyment Costs of Overheating
    IMF Working Papers, International Monetary Fund Downloads View citations (15)
  3. Possible Effects of European Monetary Unionon Switzerland
    IMF Working Papers, International Monetary Fund Downloads View citations (8)
    See also Journal Article in Journal of Policy Modeling (2001)

1996

  1. A Robust and Efficient Method for Solving Nonlinear Rational Expectations Models
    IMF Working Papers, International Monetary Fund Downloads View citations (8)
  2. Government Debt, Life-Cycle Income and Liquidity Constrains
    IMF Working Papers, International Monetary Fund Downloads View citations (21)
  3. Is the Phillips Curve Really a Curve? Some Evidence for Canada, the United Kingdom, and the United States
    IMF Working Papers, International Monetary Fund Downloads View citations (48)
    See also Journal Article in IMF Staff Papers (1997)

1995

  1. Asymmetry in the U.S. Output-Inflation Nexus
    IMF Working Papers, International Monetary Fund Downloads View citations (31)
    See also Journal Article in IMF Staff Papers (1996)
  2. Capacity Constraints, Inflation and the Transmission Mechanism
    IMF Working Papers, International Monetary Fund Downloads View citations (14)
  3. World Public Debt and Real Interest Rates
    IMF Working Papers, International Monetary Fund Downloads View citations (10)
    See also Journal Article in Oxford Review of Economic Policy (1999)

1994

  1. Asymmetric Effects of Economic Activityon Inflation
    IMF Working Papers, International Monetary Fund Downloads View citations (22)

Undated

  1. Should the Fed Base Policy Decisions on a Linear Phillips Curve?
    Computing in Economics and Finance 1997, Society for Computational Economics Downloads

Journal Articles

2014

  1. To starve or not to starve the beast?
    Journal of Macroeconomics, 2014, 39, (PA), 1-23 Downloads
    See also Working Paper (2010)

2013

  1. Fiscal deficits and current account deficits
    Journal of Economic Dynamics and Control, 2013, 37, (10), 2062-2082 Downloads View citations (1)
    See also Working Paper (2009)
  2. Why Is Canada's Price Level So Predictable?
    Journal of Money, Credit and Banking, 2013, 45, (1), 71-85 Downloads View citations (2)
    See also Working Paper (2008)

2012

  1. Effects of Fiscal Stimulus in Structural Models
    American Economic Journal: Macroeconomics, 2012, 4, (1), 22-68 Downloads View citations (92)
    See also Working Paper (2010)

2011

  1. Deficit reduction: Short-term pain for long-term gain
    European Economic Review, 2011, 55, (1), 118-139 Downloads View citations (5)

2010

  1. Chile’s Structural Fiscal Surplus Rule: a Model-Based Evaluation
    Journal Economía Chilena (The Chilean Economy), 2010, 13, (3), 5-32 Downloads View citations (2)
    See also Working Paper (2010)
  2. Global effects of fiscal stimulus during the crisis
    Journal of Monetary Economics, 2010, 57, (5), 506-526 Downloads View citations (17)
  3. International deflation risks under alternative macroeconomic policies
    Journal of the Japanese and International Economies, 2010, 24, (2), 140-177 Downloads View citations (4)
  4. Policies to Rebalance the Global Economy After the Financial Crisis
    International Journal of Central Banking, 2010, 6, (1), 215-252 Downloads View citations (1)

2008

  1. Getting to Know the Global Economy Model and Its Philosophy
    IMF Staff Papers, 2008, 55, (2), 213-242 Downloads View citations (10)
  2. Les modèles DSGE au FMI: applications et développements récents
    Économie et Prévision, 2008, 183, (2), 175-198 Downloads View citations (1)
  3. Oil Price Movements and the Global Economy: A Model-Based Assessment
    IMF Staff Papers, 2008, 55, (2), 297-311 Downloads View citations (13)
    See also Working Paper (2008)
  4. Optimal price setting and inflation inertia in a rational expectations model
    Journal of Economic Dynamics and Control, 2008, 32, (8), 2584-2621 Downloads View citations (11)
  5. The Macroeconomic Costs and Benefits of Adopting the Euro
    IMF Staff Papers, 2008, 55, (2), 339-355 Downloads View citations (4)
  6. Would protectionism defuse global imbalances and spur economic activity? A scenario analysis
    Journal of Economic Dynamics and Control, 2008, 32, (8), 2651-2689 Downloads View citations (3)
    See also Working Paper (2006)

2006

  1. Deflationary shocks and monetary rules: An open-economy scenario analysis
    Journal of the Japanese and International Economies, 2006, 20, (4), 665-698 Downloads View citations (1)
    See also Working Paper (2006)

2005

  1. Smooth landing or crash? model based scenarios of global current account rebalancing
    Proceedings, 2005 Downloads View citations (37)
    See also Chapter (2007)
    Working Paper (2005)

2004

  1. Some simulation properties of the major euro area economies in MULTIMOD
    Economic Modelling, 2004, 21, (5), 759-783 Downloads View citations (3)
    See also Working Paper (2003)
  2. The Zero Interest Rate Floor (ZIF) and its Implications for Monetary Policy in Japan
    National Institute Economic Review, 2004, 187, (1), 76-92 Downloads View citations (2)
    See also Working Paper (2001)

2003

  1. Monetary rules for small, open, emerging economies
    Journal of Monetary Economics, 2003, 50, (5), 1109-1146 Downloads View citations (146)
    See also Working Paper (2003)
  2. Real Interest Rates And Real Exchange Rates: Evidence From Indexed Bonds
    Manchester School, 2003, 71, (1), 65-77 Downloads View citations (3)
    See also Working Paper (1999)
  3. When leaner isn't meaner: measuring the benefits and spillovers of greater competition in Europe
    Proceedings, 2003 Downloads View citations (1)

2002

  1. The Macroeconomic Effects of Higher Oil Prices
    National Institute Economic Review, 2002, 179, (1), 87-103 Downloads View citations (2)
    See also Working Paper (2001)

2001

  1. An Evaluation of Alternative Monetary Policy Rules in a Model with Capacity Constraints
    Journal of Money, Credit and Banking, 2001, 33, (1), 42-64 View citations (15)
  2. Inflation targeting with NAIRU uncertainty and endogenous policy credibility
    Journal of Economic Dynamics and Control, 2001, 25, (1-2), 115-148 Downloads View citations (17)
    See also Working Paper (2001)
  3. Possible effects of European Monetary Union on Switzerland
    Journal of Policy Modeling, 2001, 23, (5), 531-551 Downloads View citations (1)
    See also Working Paper (1997)

1999

  1. Simple Monetary Policy Rules Under Model Uncertainty
    International Tax and Public Finance, 1999, 6, (4), 537-577 Downloads View citations (25)
    See also Working Paper (1999)
  2. The U.S. Phillips curve: The case for asymmetry
    Journal of Economic Dynamics and Control, 1999, 23, (9-10), 1459-1485 Downloads View citations (44)
  3. World Public Debt and Real Interest Rates
    Oxford Review of Economic Policy, 1999, 15, (2), 77-94 View citations (28)
    See also Working Paper (1995)

1998

  1. A robust method for simulating forward-looking models
    Journal of Economic Dynamics and Control, 1998, 22, (4), 489-501 Downloads View citations (27)
  2. An algorithm competition: First-order iterations versus Newton-based techniques
    Journal of Economic Dynamics and Control, 1998, 22, (8-9), 1291-1318 Downloads View citations (47)

1997

  1. Government Debt, Life-Cycle Income, and Liquidity Constraints: Beyond Approximate Ricardian Equivalence
    IMF Staff Papers, 1997, 44, (3), 374-382 Downloads View citations (18)
  2. Is the Phillips Curve Really a Curve? Some Evidence for Canada, the United Kingdom, and the United States
    IMF Staff Papers, 1997, 44, (2), 249-282 Downloads View citations (36)
    See also Working Paper (1996)

1996

  1. Asymmetry in the U.S. Output-Inflation Nexus
    IMF Staff Papers, 1996, 43, (1), 216-251 Downloads View citations (11)
    See also Working Paper (1995)

1995

  1. Asymmetric Effects of Economic Activity on Inflation: Evidence and Policy Implications
    IMF Staff Papers, 1995, 42, (2), 344-374 Downloads View citations (35)

Chapters

2007

  1. Smooth Landing or Crash? Model-Based Scenarios of Global Current Account Rebalancing
    A chapter in G7 Current Account Imbalances: Sustainability and Adjustment, 2007, pp 377-456 Downloads View citations (23)
    See also Working Paper (2005)
    Journal Article in Proceedings (2005)
  2. Under What Conditions Can Inflation Targeting Be Adopted? The Experience of Emerging Markets
    Chapter 12 in Monetary Policy under Inflation Targeting, 2007, vol. 11, pp 467-506 Downloads View citations (6)
    See also Working Paper (2006)
 
Page updated 2014-10-21