Details about Raf Wouters

Access statistics for papers by Raf Wouters.

Last updated 2013-03-04. Update your information in the RePEc Author Service.

Short-id: pwo72

Working Papers

2012

1. Endogenous risk in a DSGE model with capital-constrained financial intermediaries
   Working Paper Research, National Bank of Belgium
2. Slow Recoveries: A Structural Interpretation
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
   Also in Working Papers, Barcelona Graduate School of Economics (2012) View citations (2)
   Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2012) View citations (2)
   NBER Working Papers, National Bureau of Economic Research, Inc (2012) View citations (2)
   See also Journal Article in Journal of Money, Credit and Banking (2012)
3. Unemployment in an Estimated New Keynesian Model
   National Bank of Poland Working Papers, National Bank of Poland, Economic Institute
   Also in 2011 Meeting Papers, Society for Economic Dynamics (2011) View citations (13)
   NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (12)
   Working Papers, Barcelona Graduate School of Economics (2011) View citations (13)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011) View citations (12)
   2010 Meeting Papers, Society for Economic Dynamics (2010) View citations (2)
   Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2011) View citations (12)
   See also Chapter (2011)

2010

4. Risk Premiums and Macroeconomic Dynamics in a Heterogeneous Agent Model
   Working Paper Series, Sveriges Riksbank (Central Bank of Sweden) View citations (4)
   Also in CREA Discussion Paper Series, Center for Research in Economic Analysis, University of Luxembourg (2009) View citations (1)
   Working Paper Research, National Bank of Belgium (2008) View citations (13)
   See also Journal Article in Journal of Economic Dynamics and Control (2010)

2009

5. Estimating a medium–scale DSGE model with expectations based on small forecasting models
   2009 Meeting Papers, Society for Economic Dynamics View citations (5)
6. Learning in an Estimated Medium-Scale DSGE Model
   CERGE-EI Working Papers, The Center for Economic Research and Graduate Education - Economic Institute, Prague View citations (10)
   See also Journal Article in Journal of Economic Dynamics and Control (2012)
7. Sequential Bargaining in a New-Keynesian Model with Frictional Unemployment and Staggered Wage Negotiation
   IZA Discussion Papers, Institute for the Study of Labor (IZA) View citations (1)
   Also in BCL working papers, Central Bank of Luxembourg (2008) View citations (3)
   Working Paper Research, National Bank of Belgium (2009) View citations (16)
   Working Paper Series, European Central Bank (2009) View citations (1)
   See also Journal Article in Annales d'Economie et de Statistique (2009)

2007

8. Dynamics and monetary policy in a fair wage model of the business cycle
   Working Paper Series, European Central Bank View citations (1)
   Also in CORE Discussion Papers, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) (2006) View citations (3)
   Working Paper Research, National Bank of Belgium (2006) View citations (5)
   Discussion Papers (ECON - Département des Sciences Economiques), Université catholique de Louvain, Département des Sciences Economiques (2006) View citations (8)
9. Learning dynamics in an estimated medium-sized DSGE model
   2007 Meeting Papers, Society for Economic Dynamics
10. Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (464)
    Also in Working Paper Series, European Central Bank (2007) View citations (453)
    Working Paper Research, National Bank of Belgium (2007) View citations (447)
    See also Journal Article in American Economic Review (2007)

2006

11. Firm-Specific Production Factors in a DSGE Model with Taylor Price Setting
    MPRA Paper, University Library of Munich, Germany View citations (13)
    Also in Working Paper Research, National Bank of Belgium (2006) View citations (11)
    Working Paper Series, European Central Bank (2006) View citations (11)
    See also Journal Article in International Journal of Central Banking (2006)
12. Nominal Wage Rigidities in a New Keynesian Model with Frictional Unemployment
    IZA Discussion Papers, Institute for the Study of Labor (IZA) View citations (8)
    Also in Working Paper Research, National Bank of Belgium (2006) View citations (19)

2005

13. On the Fit and Forecasting Performance of New Keynesian Models
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (29)
    Also in Working Paper Series, European Central Bank (2005) View citations (86)
    Working Paper, Federal Reserve Bank of Atlanta (2004) View citations (24)
14. Price setting in General Equilibrium: Alternative Specifications
    Computing in Economics and Finance 2005, Society for Computational Economics View citations (15)

2004

15. Comparing Shocks and Frictions in US and Euro Area Business Cycles: A Bayesian DSGE Approach
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (18)
    Also in Working Paper Research, National Bank of Belgium (2004) View citations (21)
    Working Paper Series, European Central Bank (2004) View citations (17)
    See also Journal Article in Journal of Applied Econometrics (2005)
16. Forecasting with a Bayesian DSGE Model: An Application to the Euro Area
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (44)
    Also in Working Paper Research, National Bank of Belgium (2004) View citations (54)
    Working Paper Series, European Central Bank (2004) View citations (53)
    See also Journal Article in Journal of Common Market Studies (2004)
17. Welfare analysis of non-fundamental asset price and investment shocks: Implications for monetary policy
    Computing in Economics and Finance 2004, Society for Computational Economics
    See also Chapter (2005)

2003

18. Output gaps:theory versus practice
    Computing in Economics and Finance 2003, Society for Computational Economics View citations (6)

2002

19. An estimated dynamic stochastic general equilibrium model of the euro area
    Working Paper Research, National Bank of Belgium View citations (50)
    See also Journal Article in Journal of the European Economic Association (2003)
20. An estimated stochastic dynamic general equilibrium model of the euro area
    Working Paper Series, European Central Bank View citations (157)
21. Openness, imperfect exchange rate pass-through and monetary policy
    Working Paper Research, National Bank of Belgium View citations (103)
    Also in Working Paper Series, European Central Bank (2002) View citations (115)
    See also Journal Article in Journal of Monetary Economics (2002)
22. Output and interest rate gaps: Theory versus practice
    Computing in Economics and Finance 2002, Society for Computational Economics View citations (3)

2001

23. Determinanten van de debetrentes toegepast door Belgische kredietinstellingen
    Working Paper Document, National Bank of Belgium View citations (1)

2000

24. Model-Based Forecasts and Monetary Policy Rules
    Working Papers, Warwick - Development Economics Research Centre
25. Model-based inflation forecasts and monetary policy rules
    Working Paper Research, National Bank of Belgium View citations (13)
26. OPTIMAL MONETARY POLICY IN AN OPEN ECONOMY
    Computing in Economics and Finance 2000, Society for Computational Economics View citations (13)

1999

27. The Exchange Rate and the Monetary Transmission Mechanism in Germany
    DNB Staff Reports (discontinued), Netherlands Central Bank View citations (14)

Journal Articles

2012

1. Endogenous financial risk: The seventh international conference of the NBB
   Economic Review, 2012, (III), 135-146
2. Learning in a Medium-Scale DSGE Model with Expectations Based on Small Forecasting Models
   American Economic Journal: Macroeconomics, 2012, 4, (2), 65-101
3. Learning in an estimated medium-scale DSGE model
   Journal of Economic Dynamics and Control, 2012, 36, (1), 26-46
   See also Working Paper (2009)
4. Slow Recoveries: A Structural Interpretation
   Journal of Money, Credit and Banking, 2012, 44, 9-30 View citations (5)
   See also Working Paper (2012)

2010

5. Risk premiums and macroeconomic dynamics in a heterogeneous agent model
   Journal of Economic Dynamics and Control, 2010, 34, (9), 1680-1699 View citations (4)
   See also Working Paper (2010)

2009

6. A NOTE ON INFLATION PERSISTENCE IN A FAIR WAGE MODEL OF THE BUSINESS CYCLE
   Macroeconomic Dynamics, 2009, 13, (05), 673-684 View citations (3)
7. A structural decomposition of the US yield curve
   Journal of Monetary Economics, 2009, 56, (4), 545-559 View citations (20)
8. Sequential Bargaining in a Neo-Keynesian Model with Frictional Unemployment and Staggered Wage Negotiations
   Annales d'Economie et de Statistique, 2009, (95-96), 223-250 View citations (3)
   See also Working Paper (2009)

2007

9. On the Fit of New Keynesian Models
   Journal of Business & Economic Statistics, 2007, 25, 123-143 View citations (84)
10. Rejoinder
    Journal of Business & Economic Statistics, 2007, 25, 159-162
11. Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach
    American Economic Review, 2007, 97, (3), 586-606 View citations (449)
    See also Working Paper (2007)

2006

12. Firm-Specific Production Factors in a DSGE Model with Taylor Price Setting
    International Journal of Central Banking, 2006, 2, (3) View citations (13)
    See also Working Paper (2006)
13. Price Shocks in General Equilibrium: Alternative Specifications
    CESifo Economic Studies, 2006, 52, (1), 153-176 View citations (9)

2005

14. Bayesian New Neoclassical Synthesis (NNS) Models: Modern Tools for Central Banks
    Journal of the European Economic Association, 2005, 3, (2-3), 422-433 View citations (9)
15. Comparing shocks and frictions in US and euro area business cycles: a Bayesian DSGE Approach
    Journal of Applied Econometrics, 2005, 20, (2), 161-183 View citations (137)
    See also Working Paper (2004)

2004

16. Economic cycles in the United States and in the euro area: determinants, scale and linkages
    Economic Review, 2004, (III), 59-82
17. Forecasting with a Bayesian DSGE Model: An Application to the Euro Area
    Journal of Common Market Studies, 2004, 42, (4), 841-867 View citations (44)
    See also Working Paper (2004)

2003

18. An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area
    Journal of the European Economic Association, 2003, 1, (5), 1123-1175 View citations (655)
    See also Working Paper (2002)

2002

19. Monetary policy in an estimated stochastic dynamic general equilibrium model of the Euro area
    Proceedings, 2002, (Mar) View citations (26)
20. Openness, imperfect exchange rate pass-through and monetary policy
    Journal of Monetary Economics, 2002, 49, (5), 947-981 View citations (109)
    See also Working Paper (2002)

1997

21. Interest rates and household absorption in Belgium
    Journal of Policy Modeling, 1997, 19, (2), 129-152

Chapters

2011

1. Unemployment in an Estimated New Keynesian Model
   A chapter in NBER Macroeconomics Annual 2011, Volume 26, 2011, pp 329-360 View citations (12)
   See also Working Paper (2012)

2005

2. Welfare analysis of non-fundamental asset price and investment shocks: implications for monetary policy
   A chapter in Investigating the relationship between the financial and real economy, 2005, vol. 22, pp 146-65
   See also Working Paper (2004)