Money demand accommodation: Impact on macro-dynamics and policy consequences

Andrés, 2006, Money in an estimated business cycle model of the euro area, Economic Journal, 116, 457, 10.1111/j.1468-0297.2006.01088.x Akinlo, 2006, The stability of money demand in Nigeria: An autoregressive distributed lag approach, Journal of Policy Modeling, 28, 445, 10.1016/j.jpolmod.2005.09.001 Apergis, 1997, Inflation uncertainty, money demand and monetary deregulation: Evidence from a univariate ARCH model and cointegration tests, Journal of Policy Modeling, 19, 279, 10.1016/S0161-8938(96)00051-8 Belke, 2006, Money and Swedish inflation, Journal of Policy Modeling, 28, 931, 10.1016/j.jpolmod.2006.04.011 Bernanke, 1998, Measuring monetary policy, Quarterly Journal of Economics CXIII, 869, 10.1162/003355398555775 Blinder, 1982, Anatomy of double-digit inflation in the 1970s, 247 Boivin, 2006, Has monetary policy become more effective?, Review of Economics and Statistics, 88, 445, 10.1162/rest.88.3.445 Cho, 2008 Christiano, 1999, vol. 1A, 65 Clarida, 1999, The science of monetary policy: A New Keynesian perspective, Journal of Economic Literature, 37, 1661, 10.1257/jel.37.4.1661 Cogley, 2005, Drifts and volatilities: Monetary policies and outcomes in the Post WW II U.S., Review of Economic Dynamics, 8, 262, 10.1016/j.red.2004.10.009 Collard, 2005, Poole in the New-Keynesian model, European Economic Review, 49, 887, 10.1016/j.euroecorev.2003.08.013 Cuthbertson, 1990, Money demand, expectations and the forward looking model, Journal of Policy Modeling, 12, 289, 10.1016/0161-8938(90)90032-A De Long, 1997, America's Peacetime Inflation: The 1970s, 247 Galí, 1992, How does the IS-LM model fit postwar U.S. data?, Quarterly Journal of Economics CVII, 709, 10.2307/2118487 Hanson, 2004, The price puzzle reconsidered, Journal of Monetary Economics, 51, 1385, 10.1016/j.jmoneco.2003.12.006 Honokan, 1991, Inflationary impact of money financed deficits, Journal of Policy Modeling, 13, 229, 10.1016/0161-8938(91)90012-N Ireland, 2001, Sticky-price models of the business cycle: Specification and stability, Journal of Monetary Economics, 47, 3, 10.1016/S0304-3932(00)00047-7 Judd, 1998, Taylors rule and the Fed: 1970–1997, Economic Review, Federal Reserve Bank of San Francisco, 1, 3 Leeper, 2003, Putting M back in monetary policy, Journal of Money, Credit and Banking, 35, 1217, 10.1353/mcb.2004.0031 Leeper, Eric M., and Tao Zha, 2000, Assessing Simple Policy Rules: A View from a Complete Macro Model, Federal Reserve Bank of Atlanta. Working Paper 19. McConnell, 2000, Output fluctuations in the United States: What has changed since the early 1980s, American Economic Review, 90, 1464, 10.1257/aer.90.5.1464 Mishkin, 2003 Moreno, 2004, Reaching inflation stability, Journal of Money, Credit and Banking, 36, 801, 10.1353/mcb.2004.0066 Nagayasu, 2003, A re-examination of the Japanese money-demand function and structural shifts, Journal of Policy Modeling, 25, 359, 10.1016/S0161-8938(03)00010-3 Romer, 2000, Federal reserve private information and the behavior of interest rates, American Economic Review, 90, 429, 10.1257/aer.90.3.429 Romer, Christina D., and David H. Romer, 2002, The Evolution of Economic Understanding and Postwar Stabilization Policy, NBER Working Paper No 8071. Sims, 1992, Interpreting the macroeconomics time series facts: The effects of eonetary policy, European Economic Review, 36, 975, 10.1016/0014-2921(92)90041-T Sims, 2002, Solving linear rational expectations models, Computational Economics, 20, 1, 10.1023/A:1020517101123 Sims, 2006, Were there regime switches in U.S. monetary policy?, American Economic Review, 96, 54, 10.1257/000282806776157678 Stock, 2003, Understanding changes in international business cycle dynamics, Journal of the European Economic Association, 3, 968, 10.1162/1542476054729446 Svensson, 1997, Inflation forecast targeting: Implementing and monitoring inflation, European Economic Review, 41, 1111, 10.1016/S0014-2921(96)00055-4 Taylor, 1993, Discretion versus policy rules in practice, Carnegie-Rochester Conference Series on Public Policy, 39, 195, 10.1016/0167-2231(93)90009-L Taylor, 1999 Us, 2004, Inflation dynamics and monetary policy strategy: Some prospects for Turkish economy, Journal of Policy Modeling, 26, 1003, 10.1016/j.jpolmod.2004.07.001