Details about Douglas Laxton

Access statistics for papers by Douglas Laxton.

Last updated 2009-10-28. Update your information in the RePEc Author Service.

Short-id: pla306

Working Papers

2009

1. Adding Latin America to the Global Projection Model
   IMF Working Papers, International Monetary Fund
2. Chile's Structural Fiscal Surplus Rule: A Model-Based Evaluation
   IMF Working Papers, International Monetary Fund View citations
3. Constructing Forecast Confidence Bands During the Financial Crisis
   IMF Working Papers, International Monetary Fund
4. Developing a Structured Forecasting and Policy Analysis System to Support Inflation-Forecast Targeting (IFT)
   IMF Working Papers, International Monetary Fund View citations
5. IT Framework Design Parameters
   IMF Working Papers, International Monetary Fund
6. Inflation Targeting Under Imperfect Policy Credibility
   IMF Working Papers, International Monetary Fund
7. Simple, Implementable Fiscal Policy Rules
   IMF Working Papers, International Monetary Fund
8. Why Inflation Targeting?
   IMF Working Papers, International Monetary Fund

2008

9. A Small Quarterly Multi-Country Projection Model
   IMF Working Papers, International Monetary Fund View citations
10. A Small Quarterly Multi-Country Projection Model with Financial-Real Linkages and Oil Prices
    IMF Working Papers, International Monetary Fund
11. A Small Quarterly Projection Model of the US Economy
    IMF Working Papers, International Monetary Fund View citations
12. Monetary Transmission in an Emerging Targeter: The Case of Brazil
    IMF Working Papers, International Monetary Fund View citations
13. Oil Price Movements and the Global Economy: A Model-Based Assessment
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2008) View citations
    Working Papers, Bank of Canada (2007) View citations
    See also Journal Article in IMF Staff Papers (2008)
14. Why is Canada's Price Level So Predictable?
    IMF Working Papers, International Monetary Fund View citations

2007

15. A Party without a Hangover? On the Effects of U.S. Government Deficits
    IMF Working Papers, International Monetary Fund View citations
16. DSGE Modeling at the Fund: Applications and Further Developments
    IMF Working Papers, International Monetary Fund View citations
17. Endogenous Monetary Policy Credibility in a Small Macro Model of Israel
    IMF Working Papers, International Monetary Fund View citations

2006

18. A New-Open-Economy Macro Model for Fiscal Policy Evaluation
    IMF Working Papers, International Monetary Fund View citations
19. A Practical Model-Based Approach to Monetary Policy Analysis--Overview
    IMF Working Papers, International Monetary Fund View citations
20. Deflationary Shocks and Monetary Rules: An Open-Economy Scenario Analysis
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in Staff Reports, Federal Reserve Bank of New York (2006)
    NBER Working Papers, National Bureau of Economic Research, Inc (2006)
    See also Journal Article in Journal of the Japanese and International Economies (2006)
21. 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
22. Measures of Potential Output from an Estimated DSGE Model of the United States
    Working Papers, Czech National Bank, Research Department View citations
23. Practical Model-Based Monetary Policy Analysis--A How-To Guide
    IMF Working Papers, International Monetary Fund View citations
24. Under What Conditions Can Inflation Targeting Be Adopted? The Experience of Emerging Markets
    Working Papers Central Bank of Chile, Central Bank of Chile View citations
25. Welfare-based monetary policy rules in an estimated DSGE model of the US economy
    Working Paper Series, European Central Bank View citations
26. Would Protectionism Defuse Global Imbalances and Spur Economic Activity? A Scenario Analysis
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations
    Staff Reports, Federal Reserve Bank of New York (2006) View citations
    See also Journal Article in Journal of Economic Dynamics and Control (2008)

2005

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

2004

30. Benefits and Spillovers of Greater Competition in Europe: A Macroeconomic Assesment
    NBER Working Papers, National Bureau of Economic Research, Inc
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2004) View citations
    Working Paper Series, European Central Bank (2004) View citations
    Staff Reports, Federal Reserve Bank of New York (2004) View citations
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) View citations
31. GEM: A New International Macroeconomic Model
    IMF Occasional Papers, International Monetary Fund View citations

2003

32. 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
33. Monetary Policy Credibility and the Unemployment-Inflation Tradeoff: Some Evidence from 17 Industrial Countries
    IMF Working Papers, International Monetary Fund View citations
34. Monetary Rules for Small, Open, Emerging Economies
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in Journal of Monetary Economics (2003)
35. Some Simulation Properties of the Major Euro Area Economies in MULTIMOD
    IMF Working Papers, International Monetary Fund View citations
    See also Journal Article in Economic Modelling (2004)

2002

36. 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 View citations
37. 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

2001

38. Inflation Targeting with NAIRU Uncertainty and Endogenous Policy Credibility
    IMF Working Papers, International Monetary Fund View citations
    See also Journal Article in Journal of Economic Dynamics and Control (2001)
39. The Zero Interest Rate Floor (ZIF) and its Implications for Monetary Policy in Japan
    IMF Working Papers, International Monetary Fund View citations

2000

40. International Spillovers of Macroeconomic Shocks - A Quantitative Exploration
    IMF Working Papers, International Monetary Fund View citations
41. Life-Cycles, Dynasties, Savings: Implications for Closed and Small, Open Economies
    IMF Working Papers, International Monetary Fund View citations

1999

42. 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
43. Real Interest Rates and Real Exchange Rates: Evidence from Indexed Bonds
    Computing in Economics and Finance 1999, Society for Computational Economics View citations
    See also Journal Article in Manchester School (2003)
44. Simple Monetary Policy Rules Under Model Uncertainty
    IMF Working Papers, International Monetary Fund View citations
    Also in Computing in Economics and Finance 1999, Society for Computational Economics (1999) View citations
    See also Journal Article in International Tax and Public Finance (1999)

1998

45. Liberating Supply: Fiscal Policy and Technological Innovation in a Multicountry Model
    MPRA Paper, University Library of Munich, Germany
46. Multimod Mark III: The Core Dynamic and Steady State Model
    IMF Occasional Papers, International Monetary Fund View citations

1997

47. Phillips Curves
    CEP Discussion Papers, Centre for Economic Performance, LSE View citations
48. Phillips Curves, Phillips Lines and the Unemplyment Costs of Overheating
    IMF Working Papers, International Monetary Fund
49. Possible Effects of European Monetary Union on Switzerland: A Case Study of Policy Dilemmas Caused by Low Inflation and the Nominal Interest Rate Floor
    IMF Working Papers, International Monetary Fund View citations

1996

50. A Robust and Efficient Method for Solving Nonlinear Rational Expectations Models
    IMF Working Papers, International Monetary Fund View citations
51. Government Debt, Life-Cycle Income and Liquidity Constrains: Beyond Approximate Ricardian Equivalence
    IMF Working Papers, International Monetary Fund View citations
52. Is the Phillips Curve Really a Curve? Some Evidence for Canada, the United Kingdom, and the United States
    IMF Working Papers, International Monetary Fund View citations

1995

53. Asymmetry in the U.S. Output-Inflation Nexus - Issues and Evidence
    IMF Working Papers, International Monetary Fund View citations
54. Capacity Constraints, Inflation and the Transmission Mechanism - Forward-Looking Versus Myopic Policy Rules
    IMF Working Papers, International Monetary Fund View citations
55. World Public Debt and Real Interest Rates
    IMF Working Papers, International Monetary Fund View citations
    See also Journal Article in Oxford Review of Economic Policy (1999)

1994

56. Asymmetric Effects of Economic Activity on Inflation - Evidence and Policy Implications
    IMF Working Papers, International Monetary Fund View citations

Undated

57. Should the Fed Base Policy Decisions on a Linear Phillips Curve?
    Computing in Economics and Finance 1997, Society for Computational Economics
58. The Macroeconomic Effects of Higher Oil Prices
    IMF Working Papers, International Monetary Fund View citations

Journal Articles

2008

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

2006

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

2005

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

2004

8. Some simulation properties of the major euro area economies in MULTIMOD
   Economic Modelling, 2004, 21, (5), 759-783
   See also Working Paper (2003)

2003

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

2001

12. 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
13. Inflation targeting with NAIRU uncertainty and endogenous policy credibility
    Journal of Economic Dynamics and Control, 2001, 25, (1-2), 115-148 View citations
    See also Working Paper (2001)
14. Possible effects of European Monetary Union on Switzerland
    Journal of Policy Modeling, 2001, 23, (5), 531-551 View citations

1999

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

1998

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

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 View citations
   See also Working Paper (2005)
   Journal Article in Proceedings (2005)