Details about Stephanie Schmitt-Grohe

Access statistics for papers by Stephanie Schmitt-Grohe.

Last updated 2011-12-04. Update your information in the RePEc Author Service.

Short-id: psc44

Working Papers

2012

1. Managing Currency Pegs
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
2. Pegs, Downward Wage Rigidity, and Unemployment: The Role of Financial Structure
   NBER Working Papers, National Bureau of Economic Research, Inc
3. Prudential Policy for Peggers
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
4. The Making Of A Great Contraction With A Liquidity Trap and A Jobless Recovery
   NBER Working Papers, National Bureau of Economic Research, Inc

2011

5. Pegs and Pain
   NBER Working Papers, National Bureau of Economic Research, Inc
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011)

2010

6. A Model-Based Evaluation of the Debate on the Size of the Tax Multiplier
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2010) View citations (2)
7. Business Cycles With A Common Trend in Neutral and Investment-Specific Productivity
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2010) View citations (1)
   See also Journal Article in Review of Economic Dynamics (2011)
8. Liquidity Traps: An Interest-Rate-Based Exit Strategy
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
9. The Optimal Rate of Inflation
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2010) View citations (4)
   See also Chapter (2010)

2009

10. Deep Habits and the Dynamic Effects of Monetary Policy Shocks
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (8)
    Also in Economics Working Papers, European University Institute (2008) View citations (1)
    See also Journal Article in Journal of the Japanese and International Economies (2010)
11. Foreign Demand for Domestic Currency and the Optimal Rate of Inflation
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009)
12. On Quality Bias and Inflation Targets
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009)
13. What’s News in Business Cycles
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (21)

2008

14. Incomplete Cost Pass-Through Under Deep Habits
    Economics Working Papers, European University Institute
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2008)
    NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations (1)
    See also Journal Article in Review of Economic Dynamics (2010)
15. Macroeconomics of subsistence points
    Open Access publications from University College London, University College London View citations (2)
    See also Journal Article in Macroeconomic Dynamics (2008)

2007

16. Explaining the Effects of Government Spending Shocks on Consumption and the Real Exchange Rate
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (48)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations (46)
    Economics Working Papers, European University Institute (2007) View citations (29)
17. Optimal simple and implementable monetary and fiscal rules
    Working Paper, Federal Reserve Bank of Atlanta View citations (92)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) View citations (60)
    NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations (100)
    See also Journal Article in Journal of Monetary Economics (2007)
18. Pricing to Habits and the Law of One Price
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
    Also in Economics Working Papers, European University Institute (2006) View citations (1)
    NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (4)
    See also Journal Article in American Economic Review (2007)

2006

19. Comparing Two Variants of Calvo-Type Wage Stickiness
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)
20. Optimal Inflation Stabilization in a Medium-Scale Macroeconomic Model
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (6)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2005) View citations (2)
    NBER Working Papers, National Bureau of Economic Research, Inc (2005) View citations (35)
21. Optimal Simple and Implementable Monetary and Fiscal Rules: Expanded Version
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)
22. Optimal fiscal and monetary policy in a medium-scale macroeconomic model
    Working Paper Series, European Central Bank View citations (20)
    See also Chapter (2006)

2005

23. Optimal Fiscal and Monetary Policy In A Medium Scale Macro Model
    Computing in Economics and Finance 2005, Society for Computational Economics
24. Optimal Fiscal and Monetary Policy in a Medium-Scale Macroeconomic Model: Expanded Version
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (24)
25. The Macroeconomics of Subsistence Points
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations (9)

2004

26. Chaotic Interest Rate Rules: Expanded Version
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
27. Deep Habits
    2004 Meeting Papers, Society for Economic Dynamics View citations (107)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) View citations (32)
    NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations (9)
28. Optimal Operational Monetary Policy in the Christiano-Eichenbaum-Evans Model of the U.S. Business Cycle
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (44)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) View citations (17)

2003

29. Anticipated Ramsey Reforms and the Uniform Taxation Principle: the Role of International Financial Markets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
    Also in Working Paper Series, European Central Bank (2003) View citations (9)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2002) View citations (2)
    Departmental Working Papers, Rutgers University, Department of Economics (2002) View citations (1)
30. Backward-Looking Interest Rate Rules, Interest Rate Smoothing and Macroeconomic Instability
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (5)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2003) View citations (11)
    Working Papers, Federal Reserve Bank of Philadelphia (2003) View citations (11)
    Departmental Working Papers, Rutgers University, Department of Economics (2003) View citations (15)
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2003) View citations (25)
    See also Journal Article in Proceedings (2003)
31. Optimal Fiscal and Monetary Policy Under Imperfect Competition
    NBER Working Papers, National Bureau of Economic Research, Inc
    Also in Departmental Working Papers, Rutgers University, Department of Economics (2001) View citations (18)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2001) View citations (15)
    See also Journal Article in Journal of Macroeconomics (2004)

2002

32. Closing Small Open Economy Models
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (51)
    Also in Departmental Working Papers, Rutgers University, Department of Economics (2001) View citations (25)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2002) View citations (18)
    See also Journal Article in Journal of International Economics (2003)
33. Optimal Fiscal and Monetary Policy Under Sticky Prices
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (16)
    Also in Departmental Working Papers, Rutgers University, Department of Economics (2001) View citations (39)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2001) View citations (36)
    See also Journal Article in Journal of Economic Theory (2004)
34. Solving Dynamic General Equilibrium Models Using a Second-Order Approximation to the Policy Function
    NBER Technical Working Papers, National Bureau of Economic Research, Inc View citations (30)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2001) View citations (16)
    Departmental Working Papers, Rutgers University, Department of Economics (2001) View citations (56)
    See also Journal Article in Journal of Economic Dynamics and Control (2004)

2001

35. Avoiding Liquidity Traps
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (15)
    Also in Departmental Working Papers, Rutgers University, Department of Economics (2000) View citations (6)
    Working Papers, C.V. Starr Center for Applied Economics, New York University (1999)
    See also Journal Article in Journal of Political Economy (2002)
36. Chaotic Interest Rate Rules
    Computing in Economics and Finance 2001, Society for Computational Economics View citations (14)
    Also in Departmental Working Papers, Rutgers University, Department of Economics (2001) View citations (7)
    See also Journal Article in American Economic Review (2002)
37. Liquidity Traps with Global Taylor Rules
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in Departmental Working Papers, Rutgers University, Department of Economics (2000) View citations (13)
    See also Journal Article in International Journal of Economic Theory (2009)

2000

38. Stabilization Policy and the Costs of Dollarization
    Departmental Working Papers, Rutgers University, Department of Economics View citations (7)
    See also Journal Article in Journal of Money, Credit and Banking (2001)

1999

39. Endogenous Business Cycles and the Dynamics of Output, Hours, and Consumption
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (1998) View citations (2)
    Departmental Working Papers, Rutgers University, Department of Economics (1999) View citations (4)
    See also Journal Article in American Economic Review (2000)
40. Monetary Policy and Multiple Equilibria
    Departmental Working Papers, Rutgers University, Department of Economics View citations (2)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1999) View citations (2)
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (1998) View citations (18)
    Working Papers, C.V. Starr Center for Applied Economics, New York University (1998)
    See also Journal Article in American Economic Review (2001)
41. The Perils of Taylor Rules
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (56)
    Also in Working Papers, C.V. Starr Center for Applied Economics, New York University (1998)
    Departmental Working Papers, Rutgers University, Department of Economics (1998) View citations (12)
    See also Journal Article in Journal of Economic Theory (2001)

1998

42. Online Appendix to Y2K
    Technical Appendices, Review of Economic Dynamics
    See also Journal Article in Review of Economic Dynamics (1999)
43. Price Level Determinacy and Monetary Policy under a Balanced-Budget Requirement
    Departmental Working Papers, Rutgers University, Department of Economics View citations (23)
    Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (1997) View citations (4)
    See also Journal Article in Journal of Monetary Economics (2000)
44. Y2K
    Departmental Working Papers, Rutgers University, Department of Economics
    See also Journal Article in Review of Economic Dynamics (1999)

1995

45. Balanced-budget rules, distortionary taxes, and aggregate instability
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (33)
    See also Journal Article in Journal of Political Economy (1997)
46. Comparing four models of aggregate fluctuations due to self-fulfilling expectations
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (11)
    See also Journal Article in Journal of Economic Theory (1997)
47. The international transmission of economic fluctuations: effects of U. S. business cycles on the Canadian economy
    Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) View citations (7)
    See also Journal Article in Journal of International Economics (1998)

Journal Articles

2011

1. Business Cycles With A Common Trend in Neutral and Investment-Specific Productivity
   Review of Economic Dynamics, 2011, 14, (1), 122-135 View citations (4)
   See also Working Paper (2010)
   Software Item (2010)
2. Introduction to the special issue on the sources of business cycles
   Review of Economic Dynamics, 2011, 14, (1), 1-2

2010

3. Deep habits and the dynamic effects of monetary policy shocks
   Journal of the Japanese and International Economies, 2010, 24, (2), 236-258 View citations (5)
   See also Working Paper (2009)
4. Evaluating the sample likelihood of linearized DSGE models without the use of the Kalman filter
   Economics Letters, 2010, 109, (3), 142-143
5. Incomplete Cost Pass-Through Under Deep Habits
   Review of Economic Dynamics, 2010, 13, (2), 317-332 View citations (1)
   Also in Proceedings, 2008 (2008)
   See also Working Paper (2008)
   Software Item (2010)

2009

6. Liquidity traps with global Taylor Rules
   International Journal of Economic Theory, 2009, 5, (1), 85-106 View citations (1)
   See also Working Paper (2001)

2008

7. MACROECONOMICS OF SUBSISTENCE POINTS
   Macroeconomic Dynamics, 2008, 12, (S1), 136-147 View citations (2)
   See also Working Paper (2008)
8. Policy implications of the New Keynesian Phillips curve
   Economic Quarterly, 2008, (Fall), 435-465

2007

9. Optimal simple and implementable monetary and fiscal rules
   Journal of Monetary Economics, 2007, 54, (6), 1702-1725 View citations (109)
   See also Working Paper (2007)
10. Pricing to Habits and the Law of One Price
    American Economic Review, 2007, 97, (2), 232-238 View citations (1)
    See also Working Paper (2007)

2004

11. Commentary on Inflation targeting and optimal monetary policy
    Review, 2004, (Jul), 43-50
12. Optimal fiscal and monetary policy under imperfect competition
    Journal of Macroeconomics, 2004, 26, (2), 183-209 View citations (45)
    See also Working Paper (2003)
13. Optimal fiscal and monetary policy under sticky prices
    Journal of Economic Theory, 2004, 114, (2), 198-230 View citations (152)
    Also in Proceedings, 2001, (Jun) (2001) View citations (31)
    See also Working Paper (2002)
14. Solving dynamic general equilibrium models using a second-order approximation to the policy function
    Journal of Economic Dynamics and Control, 2004, 28, (4), 755-775 View citations (270)
    See also Working Paper (2002)
15. The Research Agenda: Stephanie Schmitt-Grohé and Martín Uribe on Policy Evaluation in Macroeconomics
    EconomicDynamics Newsletter, 2004, 6, (1)

2003

16. Backward-looking interest-rate rules, interest-rate smoothing, and macroeconomic instability
    Proceedings, 2003, 1379-1423 View citations (21)
    See also Working Paper (2003)
17. Closing small open economy models
    Journal of International Economics, 2003, 61, (1), 163-185 View citations (411)
    See also Working Paper (2002)

2002

18. Avoiding Liquidity Traps
    Journal of Political Economy, 2002, 110, (3), 535-563 View citations (77)
    See also Working Paper (2001)
19. Chaotic Interest-Rate Rules
    American Economic Review, 2002, 92, (2), 72-78 View citations (8)
    See also Working Paper (2001)

2001

20. Monetary Policy and Multiple Equilibria
    American Economic Review, 2001, 91, (1), 167-186 View citations (166)
    See also Working Paper (1999)
21. Stabilization Policy and the Costs of Dollarization
    Journal of Money, Credit and Banking, 2001, 33, (2), 482-509 View citations (67)
    Also in Proceedings, 2001, 482-517 (2001) View citations (61)
    See also Working Paper (2000)
22. The Perils of Taylor Rules
    Journal of Economic Theory, 2001, 96, (1-2), 40-69 View citations (136)
    See also Working Paper (1999)

2000

23. Endogenous Business Cycles and the Dynamics of Output, Hours, and Consumption
    American Economic Review, 2000, 90, (5), 1136-1159 View citations (38)
    See also Working Paper (1999)
24. Price level determinacy and monetary policy under a balanced-budget requirement
    Journal of Monetary Economics, 2000, 45, (1), 211-246 View citations (70)
    See also Working Paper (1998)

1999

25. Y2K
    Review of Economic Dynamics, 1999, 2, (4), 850-856
    See also Working Paper (1998)
    Working Paper (1998)

1998

26. The international transmission of economic fluctuations:: Effects of U.S. business cycles on the Canadian economy
    Journal of International Economics, 1998, 44, (2), 257-287 View citations (26)
    See also Working Paper (1995)

1997

27. Balanced-Budget Rules, Distortionary Taxes, and Aggregate Instability
    Journal of Political Economy, 1997, 105, (5), 976-1000 View citations (77)
    See also Working Paper (1995)
28. Comparing Four Models of Aggregate Fluctuations due to Self-Fulfilling Expectations
    Journal of Economic Theory, 1997, 72, (1), 96-147 View citations (30)
    See also Working Paper (1995)

Chapters

2010

1. Comment on "Letting Different Views about Business Cycles Compete"
   A chapter in NBER Macroeconomics Annual 2009, Volume 24, 2010, pp 475-489 View citations (1)
2. The Optimal Rate of Inflation
   Chapter 13 in Handbook of Monetary Economics, 2010, vol. 3, pp 653-722 View citations (4)
   See also Working Paper (2010)

2006

3. Optimal Fiscal and Monetary Policy in a Medium-Scale Macroeconomic Model
   A chapter in NBER Macroeconomics Annual 2005, Volume 20, 2006, pp 383-462 View citations (23)
   See also Working Paper (2006)

Software Items

2010

1. Code and data files for "Business Cycles With A Common Trend in Neutral and Investment-Specific Productivity"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article in Review of Economic Dynamics (2011)
2. Code file for "Incomplete cost pass-through under deep habits"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article in Review of Economic Dynamics (2010)

2003

3. Matlab code for Solving Dynamic General Equilibrium Models Using a Second-Order Approximation to the Policy Function
   QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles

2001

4. Matlab code for Closing Small Open Economy Models
   QM&RBC Codes, Quantitative Macroeconomics & Real Business Cycles