Details about Richard Dennis

Access statistics for papers by Richard Dennis.

Last updated 2025-04-24. Update your information in the RePEc Author Service.

Short-id: pde49

Working Papers

2022

1. Monetary and Macroprudential Policy Interactions in a Model of the European Union
   CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University View citations (1)

2021

2. Policy biases in a model with labor market frictions
   CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University View citations (2)
3. Using a hyperbolic cross to solve non-linear macroeconomic models
   CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University View citations (1)
   See also Journal Article Using a hyperbolic cross to solve non-linear macroeconomic models, Journal of Economic Dynamics and Control, Elsevier (2024) (2024)

2020

4. Computing Time-Consistent Equilibria: A Perturbation Approach
   CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University
   See also Journal Article Computing time-consistent equilibria: A perturbation approach, Journal of Economic Dynamics and Control, Elsevier (2022) View citations (2) (2022)
5. Monetary Policy when Preferences are Quasi-Hyperbolic
   Working Papers, Business School - Economics, University of Glasgow View citations (1)
   Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2020) View citations (1)

2017

6. Durations at the Zero Lower Bound
   Working Papers, Business School - Economics, University of Glasgow
   Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2017)
   IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan (2016) View citations (1)
7. The Optimal Degree of Monetary-Discretion in a New Keynesian Model with Private Information
   Globalization Institute Working Papers, Federal Reserve Bank of Dallas
   Also in Working Papers, Business School - Economics, University of Glasgow (2015) View citations (2)
   Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) (2015) View citations (2)
   SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE) (2015) View citations (2)
   See also Journal Article The optimal degree of monetary-discretion in a New Keynesian model with private information, Theoretical Economics, Econometric Society (2018) View citations (11) (2018)

2016

8. Monetary and Macroprudential Policy Games in a Monetary
   Working Paper Research, National Bank of Belgium View citations (2)

2014

9. Computing Markov-Perfect Optimal Policies in Business-Cycle Models
   Working Papers, Business School - Economics, University of Glasgow View citations (1)
   Also in SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE) (2014)
   See also Journal Article COMPUTING MARKOV-PERFECT OPTIMAL POLICIES IN BUSINESS-CYCLE MODELS, Macroeconomic Dynamics, Cambridge University Press (2016) View citations (1) (2016)

2013

10. Asset Prices, Business Cycles, and Markov-Perfect Fiscal Policy when Agents are Risk-Sensitive
    SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE)
    Also in Working Papers, Business School - Economics, University of Glasgow (2013)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2013)
11. Expectations Traps and Coordination Failures with Discretionary Policymaking
    SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE) View citations (2)
    Also in ANU Working Papers in Economics and Econometrics, Australian National University, College of Business and Economics, School of Economics (2013) View citations (1)
    Working Papers, Business School - Economics, University of Glasgow (2013) View citations (3)
12. Imperfect Credibility and Robust Monetary Policy
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University
    Also in ANU Working Papers in Economics and Econometrics, Australian National University, College of Business and Economics, School of Economics (2012)
    Working Papers, Business School - Economics, University of Glasgow (2013)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2012)
    SIRE Discussion Papers, Scottish Institute for Research in Economics (SIRE) (2013)
    See also Journal Article Imperfect credibility and robust monetary policy, Journal of Economic Dynamics and Control, Elsevier (2014) View citations (13) (2014)

2010

13. Expectations Traps and Coordination Failures: Selecting among Multiple Discretionary Equilibria
    MPRA Paper, University Library of Munich, Germany View citations (4)
    Also in Working Paper Series, Federal Reserve Bank of San Francisco (2010) View citations (5)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2010) View citations (2)

2009

14. Model uncertainty and monetary policy
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University
    Also in NCER Working Paper Series, National Centre for Econometric Research (2008)
    Working Paper Series, Federal Reserve Bank of San Francisco (2007) View citations (6)
15. Timeless Perspective Policymaking: When is Discretion Superior?
    NCER Working Paper Series, National Centre for Econometric Research View citations (1)
    Also in Working Paper Series, Federal Reserve Bank of San Francisco (2008) View citations (3)

2008

16. Consumption-habits in a new Keynesian business cycle model
    Working Paper Series, Federal Reserve Bank of San Francisco View citations (4)
    See also Journal Article Consumption Habits in a New Keynesian Business Cycle Model, Journal of Money, Credit and Banking, Blackwell Publishing (2009) View citations (76) (2009)
17. THE FREQUENCY OF PRICE ADJUSTMENT AND NEW KEYNESIAN BUSINESS CYCLE DYNAMICS
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University View citations (5)
    Also in Working Paper Series, Federal Reserve Bank of San Francisco (2006) View citations (5)

2007

18. Learning and optimal monetary policy
    Working Paper Series, Federal Reserve Bank of San Francisco View citations (3)
    See also Journal Article Learning and optimal monetary policy, Journal of Economic Dynamics and Control, Elsevier (2008) View citations (11) (2008)
19. Monetary Policy in a Small Open Economy with a Preference for Robustness
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (10)
    Also in Working Papers, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University (2006) View citations (7)
    Working Paper Series, Federal Reserve Bank of San Francisco (2007) View citations (12)

2006

20. Methods for Robust Control
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (11)
    Also in Working Papers, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University (2006) View citations (11)
    Working Paper Series, Federal Reserve Bank of San Francisco (2006) View citations (6)
    2006 Meeting Papers, Society for Economic Dynamics (2006) View citations (11)
    See also Journal Article Methods for robust control, Journal of Economic Dynamics and Control, Elsevier (2009) View citations (35) (2009)
21. Monetary Policy and Model Uncertainty in a Small Open Economy
    Computing in Economics and Finance 2006, Society for Computational Economics

2005

22. Robust control with commitment: a modification to Hansen-Sargent
    Working Paper Series, Federal Reserve Bank of San Francisco View citations (6)

2004

23. New Keynesian Optimal-Policy Models: An Empirical Assessment
    Royal Economic Society Annual Conference 2004, Royal Economic Society View citations (8)
    Also in Working Paper Series, Federal Reserve Bank of San Francisco (2003) View citations (5)
24. Specifying and estimating New Keynesian models with instrument rules and optimal monetary policies
    Working Paper Series, Federal Reserve Bank of San Francisco View citations (8)
25. learning optimal monetary policies
    Econometric Society 2004 North American Summer Meetings, Econometric Society

2003

26. How Important is Precommitment for Monetary Policy?
    Computing in Economics and Finance 2003, Society for Computational Economics
    Also in Working Paper Series, Federal Reserve Bank of San Francisco (2002) View citations (5)
    Working Paper Series, Sveriges Riksbank (Central Bank of Sweden) (2002) View citations (21)
    See also Journal Article How Important Is Precommitment for Monetary Policy?, Journal of Money, Credit and Banking, Blackwell Publishing (2006) View citations (82) (2006)
27. Inferring policy objectives from economic outcomes
    Working Paper Series, Federal Reserve Bank of San Francisco View citations (12)
    See also Journal Article Inferring Policy Objectives from Economic Outcomes, Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford (2004) View citations (57) (2004)
28. Solving for Optimal Simple Rules in Rational-Expectations Models
    Working Paper Series, Federal Reserve Bank of San Francisco View citations (1)
    Also in Computing in Economics and Finance 2001, Society for Computational Economics (2001) View citations (5)
    See also Journal Article Solving for optimal simple rules in rational expectations models, Journal of Economic Dynamics and Control, Elsevier (2004) View citations (43) (2004)

2002

29. Exploring the role of the real exchange rate in Australian monetary policy
    Working Paper Series, Federal Reserve Bank of San Francisco
    See also Journal Article Exploring the Role of the Real Exchange Rate in Australian Monetary Policy, The Economic Record, The Economic Society of Australia (2003) View citations (23) (2003)

2001

30. Optimal policy in rational-expectations models: new solution algorithms
    Working Paper Series, Federal Reserve Bank of San Francisco View citations (7)
    See also Journal Article OPTIMAL POLICY IN RATIONAL EXPECTATIONS MODELS: NEW SOLUTION ALGORITHMS, Macroeconomic Dynamics, Cambridge University Press (2007) View citations (75) (2007)
31. Pre-commitment, the timeless perspective, and policymaking from behind a veil of uncertainty
    Working Paper Series, Federal Reserve Bank of San Francisco View citations (6)
32. The policy preferences of the U.S. Federal Reserve
    Working Paper Series, Federal Reserve Bank of San Francisco View citations (10)
    See also Journal Article The policy preferences of the US Federal Reserve, Journal of Applied Econometrics, John Wiley & Sons, Ltd. (2006) View citations (101) (2006)

2000

33. Instability under nominal GDP targeting: the role of expectations
    Working Paper Series, Federal Reserve Bank of San Francisco
    Also in Working Papers, Australian National University - Department of Economics (1998) View citations (10)
34. Optimal simple targeting rules for small open economies
    Working Paper Series, Federal Reserve Bank of San Francisco View citations (11)
35. Steps toward identifying central bank policy preferences
    Working Paper Series, Federal Reserve Bank of San Francisco View citations (9)

1999

36. Conditionally Optimal Rules in a Simple Closed Economy Model Under Discretion and Commitment
    Working Papers, Australian National University - Department of Economics
37. Optimal and Conditionallly Optimal Targeting Rules for Small Open Economies
    Working Papers, Australian National University - Department of Economics

1997

38. A measure of monetary conditions
    Reserve Bank of New Zealand Discussion Paper Series, Reserve Bank of New Zealand View citations (15)

Journal Articles

2024

1. Using a hyperbolic cross to solve non-linear macroeconomic models
   Journal of Economic Dynamics and Control, 2024, 163, (C)
   See also Working Paper Using a hyperbolic cross to solve non-linear macroeconomic models, CAMA Working Papers (2021) View citations (1) (2021)

2023

2. Monetary and macroprudential policy interactions in a model of the euro area
   Journal of Economic Dynamics and Control, 2023, 154, (C)

2022

3. Computing time-consistent equilibria: A perturbation approach
   Journal of Economic Dynamics and Control, 2022, 137, (C) View citations (2)
   See also Working Paper Computing Time-Consistent Equilibria: A Perturbation Approach, CAMA Working Papers (2020) (2020)

2018

4. Equilibrium Coordination with Discretionary Policy Making
   Economic Journal, 2018, 128, (609), 710-727
5. The optimal degree of monetary-discretion in a New Keynesian model with private information
   Theoretical Economics, 2018, 13, (3) View citations (11)
   See also Working Paper The Optimal Degree of Monetary-Discretion in a New Keynesian Model with Private Information, Globalization Institute Working Papers (2017) (2017)

2016

6. COMPUTING MARKOV-PERFECT OPTIMAL POLICIES IN BUSINESS-CYCLE MODELS
   Macroeconomic Dynamics, 2016, 20, (7), 1850-1872 View citations (1)
   See also Working Paper Computing Markov-Perfect Optimal Policies in Business-Cycle Models, Working Papers (2014) View citations (1) (2014)

2014

7. Imperfect credibility and robust monetary policy
   Journal of Economic Dynamics and Control, 2014, 44, (C), 218-234 View citations (13)
   See also Working Paper Imperfect Credibility and Robust Monetary Policy, CAMA Working Papers (2013) (2013)

2013

8. Macroeconomic Theory: A Dynamic General Equilibrium Approach, 2nd edn, by Michael Wickens ( Princeton University Press, Princeton, NJ, 2011 ), pp. xvii + 616 front matter
   The Economic Record, 2013, 89, (285), 275-276

2010

9. How robustness can lower the cost of discretion
   Journal of Monetary Economics, 2010, 57, (6), 653-667 View citations (25)
10. The “inflation” in inflation targeting
    FRBSF Economic Letter, 2010, (jun7)
11. When is discretion superior to timeless perspective policymaking?
    Journal of Monetary Economics, 2010, 57, (3), 266-277 View citations (31)

2009

12. Consumption Habits in a New Keynesian Business Cycle Model
    Journal of Money, Credit and Banking, 2009, 41, (5), 1015-1030 View citations (76)
    Also in Journal of Money, Credit and Banking, 2009, 41, (5), 1015-1030 (2009) View citations (16)
    See also Working Paper Consumption-habits in a new Keynesian business cycle model, Working Paper Series (2008) View citations (4) (2008)
13. Methods for robust control
    Journal of Economic Dynamics and Control, 2009, 33, (8), 1604-1616 View citations (35)
    See also Working Paper Methods for Robust Control, CEPR Discussion Papers (2006) View citations (11) (2006)
14. Robustness ‐ by Lars Peter Hansen and Thomas J. Sargent
    The Economic Record, 2009, 85, (268), 108-109

2008

15. Learning and optimal monetary policy
    Journal of Economic Dynamics and Control, 2008, 32, (6), 1964-1994 View citations (11)
    See also Working Paper Learning and optimal monetary policy, Working Paper Series (2007) View citations (3) (2007)
16. Monetary policy and asset markets: conference summary
    FRBSF Economic Letter, 2008, (jul11)

2007

17. Fixing the New Keynesian Phillips curve
    FRBSF Economic Letter, 2007, (nov30) View citations (3)
18. Monetary policy, transparency, and credibility: conference summary
    FRBSF Economic Letter, 2007, (may25) View citations (3)
19. OPTIMAL POLICY IN RATIONAL EXPECTATIONS MODELS: NEW SOLUTION ALGORITHMS
    Macroeconomic Dynamics, 2007, 11, (1), 31-55 View citations (75)
    See also Working Paper Optimal policy in rational-expectations models: new solution algorithms, Working Paper Series (2001) View citations (7) (2001)

2006

20. How Important Is Precommitment for Monetary Policy?
    Journal of Money, Credit and Banking, 2006, 38, (4), 847-872 View citations (82)
    See also Working Paper How Important is Precommitment for Monetary Policy?, Computing in Economics and Finance 2003 (2003) (2003)
21. Labor markets and the macroeconomy: conference summary
    FRBSF Economic Letter, 2006, (jul21)
22. The policy preferences of the US Federal Reserve
    Journal of Applied Econometrics, 2006, 21, (1), 55-77 View citations (101)
    Also in Journal of Applied Econometrics, 2006, 21, (1), 55-77 (2006) View citations (10)
    See also Working Paper The policy preferences of the U.S. Federal Reserve, Working Paper Series (2001) View citations (10) (2001)

2005

23. Fiscal and monetary policy: conference summary
    FRBSF Economic Letter, 2005, (jun10)
24. Inflation targeting under commitment and discretion
    Economic Review, 2005, 1-13 View citations (5)
25. Uncertainty and monetary policy
    FRBSF Economic Letter, 2005, (nov30) View citations (5)

2004

26. Comment
    Journal of Business & Economic Statistics, 2004, 22, 165-169
27. Inferring Policy Objectives from Economic Outcomes
    Oxford Bulletin of Economics and Statistics, 2004, 66, (s1), 735-764 View citations (57)
    See also Working Paper Inferring policy objectives from economic outcomes, Working Paper Series (2003) View citations (12) (2003)
28. Interest rates and monetary policy: conference summary
    FRBSF Economic Letter, 2004, (jun4)
29. New Keynesian models and their fit to the data
    FRBSF Economic Letter, 2004, (jul9)
30. Policy applications of a global macroeconomic model
    FRBSF Economic Letter, 2004, (jun11) View citations (4)
31. Solving for optimal simple rules in rational expectations models
    Journal of Economic Dynamics and Control, 2004, 28, (8), 1635-1660 View citations (43)
    See also Working Paper Solving for Optimal Simple Rules in Rational-Expectations Models, Working Paper Series (2003) View citations (1) (2003)

2003

32. Exploring the Role of the Real Exchange Rate in Australian Monetary Policy
    The Economic Record, 2003, 79, (244), 20-38 View citations (23)
    See also Working Paper Exploring the role of the real exchange rate in Australian monetary policy, Working Paper Series (2002) (2002)
33. Finance and macroeconomics
    FRBSF Economic Letter, 2003, (may2) View citations (11)
34. Time-inconsistent monetary policies: recent research
    FRBSF Economic Letter, 2003, (apr11) View citations (8)

2002

35. Inferring policy objectives from policy actions
    FRBSF Economic Letter, 2002, (apr5) View citations (5)

2001

36. Inflation Expectations and the Stability Properties of Nominal GDP Targeting
    Economic Journal, 2001, 111, (468), 103-13 View citations (8)
37. Monetary policy and exchange rates in small open economies
    FRBSF Economic Letter, 2001, (may25) View citations (2)

1999

38. Discretionary monetary policy with costly inflation
    Economics Letters, 1999, 65, (1), 91-96 View citations (2)

1997

39. Bandwidth, bandlength, and inflation targeting: some observations
    Reserve Bank of New Zealand Bulletin, 1997, 60 View citations (3)

Chapters

2014

1. Comments on Pierre Siklos' paper
   A chapter in Globalisation, inflation and monetary policy in Asia and the Pacific, 2014, vol. 77, pp 31-34