Access Statistics for Michael Kumhof

Author contact details at EconPapers.

Working Paper File Downloads Abstract Views
Last month 3 months 12 months Total Last month 3 months 12 months Total
A Critical View of Inflation Targeting: Crises, Limited Sustainability, and Aggregate Shocks 0 0 0 280 1 1 2 740
A Critical View of Inflation Targeting: Crises, Limited Sustainability, and Aggregate Shocks 0 0 0 268 0 0 0 810
A Fiscal Theory of the Currency Risk Premium and of Sterilized Intervention 0 0 0 74 0 0 0 227
A Party without a Hangover? On the Effects of U.S. Government Deficits 0 0 0 17 0 0 0 108
A Party without a Hangover? On the Effects of U.S. Government Deficits 0 0 0 189 0 0 0 393
A Quantative Exploration of the Role of Short-Term Domestic Debit in Balance of Payments Crises 0 0 0 94 0 1 2 456
A Rational Expectations Model of Optimal Inflation Inertia 0 0 0 171 0 1 5 680
An Economy in Transition and DSGE: What the Czech National Bank’s New Projection Model Needs 0 1 1 237 0 1 5 544
Balance of Payments Anti-Crises 0 0 0 80 0 0 0 177
Balance of Payments Crises Under Inflation Targeting 0 0 0 145 0 0 1 384
Balance of Payments Crises Under Inflation Targeting 0 0 0 206 0 0 1 841
Balance of Payments Crisis: The Role of Short-Term Debt 1 1 1 559 2 5 14 2,140
Banks are not intermediaries of loanable funds – and why this matters 0 0 1 438 0 5 26 967
Banks are not intermediaries of loanable funds — facts, theory and evidence 0 1 12 262 1 12 49 654
Banks in The Global Integrated Monetary and Fiscal Model 0 0 0 104 0 0 3 192
Banks, Money, and the Zero Lower Bound on Deposit Rates 0 0 1 32 0 0 3 67
Banks, money and the zero lower bound on deposit rates 0 0 1 128 1 1 5 195
Budget Consolidation: Short-Term Pain and Long-Term Gain 0 0 0 98 0 0 1 213
CBDC Policies in Open Economies 0 0 2 17 1 2 7 28
CBDC Policies in Open Economies 0 0 1 18 0 1 5 24
CBDC Policies in Open Economies 0 0 1 8 1 1 3 23
CBDC policies in open economies 0 0 11 62 0 6 30 87
Central Bank Money: Liability, Asset, or Equity of the Nation? 1 3 11 190 1 3 18 416
Central bank digital currencies - design principles and balance sheet implications 0 1 10 298 3 6 31 594
Chile’s Structural Fiscal Surplus Rule: A Model-Based Evaluation 0 0 0 107 0 0 1 294
Chile’s Structural Fiscal Surplus Rule: a Model – Based Evaluation 0 0 1 52 2 2 5 201
Deep Reinforcement Learning in a Monetary Model 3 5 11 80 4 16 54 190
Effects of Fiscal Stimulus in Structural Models 0 0 2 441 1 2 8 1,019
Financial Crises in DSGE Models: A Prototype Model 0 0 0 365 1 1 6 513
Financial Crises in DSGE Models: Selected Applications of MAPMOD 0 0 2 236 0 0 5 306
Fiscal Crisis Resolution: Taxation Versus Inflation 0 0 0 192 0 0 0 759
Fiscal Crisis Resolution: Taxation versus Inflation 0 0 0 30 1 1 1 226
Fiscal Deficits and Current Account Deficits 0 0 1 209 0 0 3 425
Fiscal Stimulus to the Rescue? Short-Run Benefits and Potential Long-Run Costs of Fiscal Deficits 0 0 1 129 1 1 2 309
Getting to Know GIMF: The Simulation Properties of the Global Integrated Monetary and Fiscal Model 1 4 11 172 4 11 39 522
Government Debt: A Key Role in Financial Intermediation 1 1 3 256 1 2 4 848
How Does International Capital Flow? 0 0 0 19 0 0 1 23
How Does International Capital Flow? 0 0 1 23 1 2 7 64
How does international capital flow? 0 0 1 62 0 0 6 161
How does international capital flow? 0 1 7 50 2 5 16 125
Income Inequality and Current Account Imbalances 0 0 1 261 1 1 6 588
Inequality, Leverage and Crises 1 2 3 237 1 7 10 679
Inequality, Leverage and Crises 0 0 0 119 2 2 8 423
Inequality, Leverage and Crises 0 0 0 0 4 8 13 392
Inequality, Leverage and Crises: The Case of Endogenous Default 0 1 1 144 0 1 2 357
Inequality, Leverage, and Crises 0 0 0 0 0 2 3 21
Inequality, Leverage, and Crises 0 0 0 0 0 0 2 98
Inflation Inertia and Credible Disinflation - The Open Economy Case 0 0 3 202 0 0 5 530
Inflation Inertia- THe Role of Multiple, Interacting Pricing Rigidities 0 0 0 16 0 1 3 99
Inflation Targeting Versus Joining a Monetary Union: An Assessment of the Potential Benefits and Costs Using a DSGE Model 0 0 0 0 0 1 3 251
Inflation Targeting and Exchange Rate Flexibility 0 0 0 441 0 0 0 1,227
International Capital Mobility in Emerging Markets: New Evidence from Daily Data 0 0 0 204 0 0 0 772
International Currency Portfolios 0 0 1 15 0 0 1 56
International Currency Portfolios 0 0 0 13 0 0 0 55
Jointly Optimal Monetary and Fiscal Policy Rules under Borrowing Constraints 0 0 0 133 0 0 1 221
Levarging inequality 0 0 0 0 1 1 2 176
Measures of Potential Output from an Estimated DSGE Model of the United States 0 0 1 249 2 2 6 601
Monetary Policy in an Equilibrium Portfolio Balance Model 0 0 0 152 0 0 0 475
Monetary Policy in an Equilibrium Portfolio Balance Model 1 1 1 98 1 2 3 293
Multi-Sectoral Cascading and Price Dynamics - A Bayesian Econometric Evaluation 0 0 0 63 0 0 1 274
Nominal Exchange Rate Anchoring Under Inflation Inertia 0 0 0 100 1 1 1 325
Oil and the World Economy: Some Possible Futures 0 0 0 58 0 0 0 210
On the Benefits of Exchange Rate Flexibility under Endogenous Tradedness of Goods 0 0 0 0 0 0 0 1
On the Benefits of Exchange Rate Flexibility under Endogenous Tradedness of Goods 0 0 0 104 0 0 1 879
Politically Optimal Fiscal Policy 0 0 0 152 0 0 1 257
Post-Corona Balanced-Budget Super-Stimulus: The Case for Shifting Taxes onto Land 0 1 4 14 0 3 25 52
Post-Corona Balanced-Budget Super-Stimulus: The Case for Shifting Taxes onto Land 1 6 20 34 4 23 80 114
Pricing Policies and Inflation Inertia 0 0 0 119 0 0 1 401
Pricing Policies and Inflation Inertia 0 0 1 117 0 0 3 601
Quantitative Easing and Quantitative Tightening: The Money Channel 0 0 1 1 0 1 3 3
Quantitative easing and quantitative tightening: the money channel 0 16 16 16 2 21 21 21
Risky Bank Lending and Optimal Capital Adequacy Regulation 0 0 1 250 0 0 2 500
Simple Monetary Rules Under Fiscal Dominance 0 0 0 76 0 0 0 175
Simple Monetary Rules under Fiscal Dominance 0 0 0 139 0 0 4 329
Simple monetary rules under fiscal dominance 0 0 3 110 1 2 5 308
Simple, Implementable Fiscal Policy Rules 0 0 0 159 0 0 2 321
Sterilization of Short-Term Capital Inflows - Through Lower Interest Rates ? 0 0 0 278 0 0 0 976
The Benefits of International Policy Coordination Revisited 0 0 1 73 0 2 11 272
The Case for Global Fiscal Stimulus 0 0 0 2 0 0 0 17
The Chicago Plan Revisited 0 1 7 171 8 17 56 776
The Chicago Plan Revisited 0 0 2 202 5 7 19 512
The Future of Oil: Geology Versus Technology 0 0 0 238 0 1 3 524
The Global Integrated Monetary and Fiscal Model (GIMF) – Theoretical Structure 0 0 2 286 0 0 16 800
The macroeconomics of central bank issued digital currencies 0 0 8 353 1 4 45 1,295
To Starve or Not to Starve the Beast? 0 0 0 77 0 0 0 239
Too much of a good thing? on the effects of limiting foreign reserve accumulation 0 0 0 77 0 0 2 156
Towards a new monetary theory of exchange rate determination 0 0 1 87 0 2 6 156
Unequal = Indebted 0 0 0 0 0 0 0 15
Unequal = Indebted 0 0 0 0 1 1 1 65
Wage Moderation in Crises: Policy Considerations and Applications to the Euro Area 0 0 1 53 0 0 3 121
Total Working Papers 10 46 173 12,091 64 202 749 34,954
1 registered items for which data could not be found


Journal Article File Downloads Abstract Views
Last month 3 months 12 months Total Last month 3 months 12 months Total
A quantitative exploration of the role of short-term domestic debt in balance of payments crises 0 0 0 28 0 1 1 101
Balance of payments crises under inflation targeting 0 0 1 107 0 0 2 347
Balance-of-payments anti-crises 0 0 0 19 0 0 0 121
Banks, money, and the zero lower bound on deposit rates 0 0 2 29 0 2 11 60
Central bank digital currencies — Design principles for financial stability 0 4 35 115 5 16 79 267
Chile’s Structural Fiscal Surplus Rule: a Model-Based Evaluation 0 0 0 50 0 0 3 166
Deficit reduction: Short-term pain for long-term gain 0 0 1 110 0 0 5 383
Effects of Fiscal Stimulus in Structural Models 1 3 9 621 4 10 39 1,820
Fiscal deficits and current account deficits 0 1 2 116 2 4 9 496
Global effects of fiscal stimulus during the crisis 0 0 5 122 1 3 9 356
Government Debt Bias 0 0 1 29 1 1 9 119
Inequality, Leverage, and Crises 1 1 5 223 2 4 14 772
Inflation inertia and credible disinflation 0 0 0 56 0 1 1 166
International Capital Mobility in Emerging Markets: New Evidence from Daily Data 0 0 0 0 0 0 0 6
Jointly optimal monetary and fiscal policy rules under liquidity constraints 0 0 2 217 0 1 6 579
On the theory of international currency portfolios 0 0 0 22 0 0 1 114
On the theory of sterilized foreign exchange intervention 0 0 0 202 1 2 3 468
Optimal price setting and inflation inertia in a rational expectations model 0 0 0 57 0 0 4 240
Optimal price setting and inflation inertia in a rational expectations model 1 1 4 116 2 2 6 528
PRICING POLICIES AND INFLATION DYNAMICS 0 0 1 25 0 0 1 71
Policies to Rebalance the Global Economy After the Financial Crisis 0 0 0 67 0 0 0 189
Risky bank lending and countercyclical capital buffers 1 3 8 283 1 4 21 606
Simple Monetary Rules under Fiscal Dominance 0 0 0 85 0 0 4 272
Simple Monetary Rules under Fiscal Dominance 0 0 3 9 0 1 10 28
Simple fiscal policy rules for small open economies 1 4 14 101 2 6 24 281
Sterilization of short-term capital inflows--through lower interest rates? 0 0 0 84 0 0 1 231
The future of oil: Geology versus technology 0 1 3 55 1 2 7 245
The macroeconomics of central bank digital currencies 2 4 43 101 8 23 114 249
To starve or not to starve the beast? 0 1 1 19 0 1 4 137
Trade Openness and Exchange Rate Regimes 1 1 1 36 1 1 3 270
Total Journal Articles 8 24 141 3,104 31 85 391 9,688


Chapter File Downloads Abstract Views
Last month 3 months 12 months Total Last month 3 months 12 months Total
A Critical View of Inflation Targeting: Crises, Limited Sustaintability, and Aggregate Shocks 0 0 0 28 1 1 1 133
Total Chapters 0 0 0 28 1 1 1 133


Statistics updated 2025-03-03