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 0 1 2 741
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 1 1 75 0 1 1 228
A Party without a Hangover? On the Effects of U.S. Government Deficits 0 0 0 189 1 1 1 394
A Party without a Hangover? On the Effects of U.S. Government Deficits 0 0 0 17 0 0 0 108
A Quantative Exploration of the Role of Short-Term Domestic Debit in Balance of Payments Crises 0 0 0 94 0 0 1 456
A Rational Expectations Model of Optimal Inflation Inertia 0 0 0 171 1 1 3 682
An Economy in Transition and DSGE: What the Czech National Bank's New Projection Model Needs 0 0 1 237 0 1 5 546
Balance of Payments Anti-Crises 0 0 0 80 1 1 1 178
Balance of Payments Crises Under Inflation Targeting 0 0 0 206 1 1 2 843
Balance of Payments Crises Under Inflation Targeting 0 0 0 145 1 3 3 387
Balance of Payments Crisis: The Role of Short-Term Debt 0 0 1 559 2 4 16 2,149
Banks are not intermediaries of loanable funds – and why this matters 0 1 1 439 2 9 28 984
Banks are not intermediaries of loanable funds — facts, theory and evidence 1 1 10 268 1 3 41 671
Banks in The Global Integrated Monetary and Fiscal Model 0 1 2 106 3 5 8 198
Banks, Money, and the Zero Lower Bound on Deposit Rates 0 0 0 32 0 1 4 70
Banks, money and the zero lower bound on deposit rates 0 0 0 128 2 3 7 198
Budget Consolidation: Short-Term Pain and Long-Term Gain 0 0 0 98 0 0 0 213
CBDC Policies in Open Economies 1 1 1 19 1 2 3 26
CBDC Policies in Open Economies 0 0 0 8 0 1 3 25
CBDC Policies in Open Economies 0 0 1 17 1 1 6 31
CBDC policies in open economies 0 0 4 63 0 1 19 93
Central Bank Money: Liability, Asset, or Equity of the Nation? 1 1 10 195 1 1 17 426
Central bank digital currencies - design principles and balance sheet implications 1 3 8 303 3 11 38 620
Chile’s Structural Fiscal Surplus Rule: A Model-Based Evaluation 0 1 1 108 0 2 2 296
Chile’s Structural Fiscal Surplus Rule: a Model – Based Evaluation 0 0 0 52 0 1 3 202
Deep Reinforcement Learning in a Monetary Model 1 3 9 83 5 13 53 221
Effects of Fiscal Stimulus in Structural Models 2 3 5 445 2 4 10 1,025
Financial Crises in DSGE Models: A Prototype Model 0 1 1 366 1 2 9 518
Financial Crises in DSGE Models: Selected Applications of MAPMOD 0 0 0 236 0 3 6 311
Fiscal Crisis Resolution: Taxation Versus Inflation 0 1 1 193 0 1 1 760
Fiscal Crisis Resolution: Taxation versus Inflation 0 0 0 30 0 0 1 226
Fiscal Deficits and Current Account Deficits 0 1 1 210 0 1 3 428
Fiscal Stimulus to the Rescue? Short-Run Benefits and Potential Long-Run Costs of Fiscal Deficits 0 0 0 129 0 0 1 309
Getting to Know GIMF: The Simulation Properties of the Global Integrated Monetary and Fiscal Model 0 2 19 185 3 8 48 551
Government Debt: A Key Role in Financial Intermediation 0 0 2 256 5 7 10 855
How Does International Capital Flow? 0 1 1 20 0 3 3 26
How Does International Capital Flow? 0 1 1 24 3 5 9 71
How does international capital flow? 0 0 0 62 1 3 4 165
How does international capital flow? 0 0 2 50 1 4 16 132
Income Inequality and Current Account Imbalances 0 0 0 261 0 2 5 591
Inequality, Leverage and Crises 0 0 0 119 1 2 8 426
Inequality, Leverage and Crises 0 0 0 0 3 4 16 398
Inequality, Leverage and Crises 0 0 5 239 0 4 22 693
Inequality, Leverage and Crises: The Case of Endogenous Default 0 0 1 144 0 0 2 358
Inequality, Leverage, and Crises 0 0 0 0 0 1 3 22
Inequality, Leverage, and Crises 0 0 0 0 1 1 5 102
Inflation Inertia and Credible Disinflation - The Open Economy Case 0 0 0 202 0 0 2 530
Inflation Inertia- THe Role of Multiple, Interacting Pricing Rigidities 0 0 0 16 0 0 2 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 0 3 252
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 0 13 0 1 1 56
International Currency Portfolios 0 0 0 15 0 0 0 56
Jointly Optimal Monetary and Fiscal Policy Rules under Borrowing Constraints 0 0 0 133 0 1 2 222
Levarging inequality 0 0 0 0 0 0 3 178
Measures of Potential Output from an Estimated DSGE Model of the United States 0 0 1 249 0 0 3 601
Monetary Policy in an Equilibrium Portfolio Balance Model 0 0 0 152 1 1 3 478
Monetary Policy in an Equilibrium Portfolio Balance Model 0 0 1 98 0 0 2 293
Multi-Sectoral Cascading and Price Dynamics - A Bayesian Econometric Evaluation 0 0 0 63 0 0 0 274
Nominal Exchange Rate Anchoring Under Inflation Inertia 0 0 0 100 0 0 2 326
Oil and the World Economy: Some Possible Futures 0 0 0 58 1 1 1 211
On the Benefits of Exchange Rate Flexibility under Endogenous Tradedness of Goods 0 0 0 104 0 1 2 880
On the Benefits of Exchange Rate Flexibility under Endogenous Tradedness of Goods 0 0 0 0 0 0 0 1
Politically Optimal Fiscal Policy 0 0 0 152 0 1 2 258
Post-Corona Balanced-Budget Super-Stimulus: The Case for Shifting Taxes onto Land 2 3 15 41 7 20 83 162
Post-Corona Balanced-Budget Super-Stimulus: The Case for Shifting Taxes onto Land 0 1 6 18 0 4 15 61
Pricing Policies and Inflation Inertia 0 0 0 119 0 0 0 401
Pricing Policies and Inflation Inertia 0 0 0 117 1 1 2 603
Quantitative Easing and Quantitative Tightening: The Money Channel 0 0 1 1 0 1 8 8
Quantitative easing and quantitative tightening: the money channel 0 1 23 23 2 4 44 44
Risky Bank Lending and Optimal Capital Adequacy Regulation 0 0 0 250 0 2 3 503
Simple Monetary Rules Under Fiscal Dominance 0 0 0 76 1 1 2 177
Simple Monetary Rules under Fiscal Dominance 0 0 0 139 0 2 4 332
Simple monetary rules under fiscal dominance 0 0 1 110 3 6 11 316
Simple, Implementable Fiscal Policy Rules 0 0 0 159 0 1 2 322
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 74 0 1 6 275
The Case for Global Fiscal Stimulus 0 0 0 2 0 0 1 18
The Chicago Plan Revisited 0 0 2 203 1 8 22 525
The Chicago Plan Revisited 0 1 6 174 0 4 44 793
The Future of Oil: Geology Versus Technology 0 0 0 238 0 1 3 526
The Global Integrated Monetary and Fiscal Model (GIMF) – Theoretical Structure 1 1 3 288 2 4 17 810
The macroeconomics of central bank issued digital currencies 0 2 5 358 2 8 42 1,324
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 1 3 158
Towards a new monetary theory of exchange rate determination 0 1 2 89 1 4 12 165
Unequal = Indebted 0 0 0 0 0 0 1 65
Unequal = Indebted 0 0 0 0 0 1 1 16
Wage Moderation in Crises: Policy Considerations and Applications to the Euro Area 0 0 0 53 0 1 1 122
Total Working Papers 10 33 156 12,173 69 204 804 35,418
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 2 4 5 105
Balance of payments crises under inflation targeting 0 0 1 107 0 0 2 348
Balance-of-payments anti-crises 0 0 0 19 0 2 2 123
Banks, money, and the zero lower bound on deposit rates 0 0 1 29 0 2 10 63
Central bank digital currencies — Design principles for financial stability 0 2 26 127 7 18 83 318
Chile’s Structural Fiscal Surplus Rule: a Model-Based Evaluation 0 0 0 50 0 1 1 167
Deficit reduction: Short-term pain for long-term gain 0 0 1 111 0 0 4 385
Effects of Fiscal Stimulus in Structural Models 3 4 10 626 7 20 57 1,854
Fiscal deficits and current account deficits 1 2 6 121 3 7 17 509
Global effects of fiscal stimulus during the crisis 0 0 3 124 0 0 9 360
Government Debt Bias 0 0 1 30 0 0 3 120
Inequality, Leverage, and Crises 1 2 6 227 2 5 19 785
Inflation inertia and credible disinflation 0 0 0 56 0 0 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 1 218 0 0 6 581
On the theory of international currency portfolios 0 0 0 22 0 1 1 115
On the theory of sterilized foreign exchange intervention 0 1 2 204 1 3 8 473
Optimal price setting and inflation inertia in a rational expectations model 0 0 2 117 1 3 8 534
Optimal price setting and inflation inertia in a rational expectations model 0 0 0 57 0 0 1 240
PRICING POLICIES AND INFLATION DYNAMICS 0 0 0 25 0 2 2 73
Policies to Rebalance the Global Economy After the Financial Crisis 0 0 0 67 0 1 1 190
Risky bank lending and countercyclical capital buffers 0 1 7 286 1 3 16 613
Simple Monetary Rules under Fiscal Dominance 0 0 0 85 1 2 5 276
Simple Monetary Rules under Fiscal Dominance 1 1 2 11 3 3 8 33
Simple fiscal policy rules for small open economies 0 0 7 101 1 3 14 284
Sterilization of short-term capital inflows--through lower interest rates? 0 0 0 84 0 1 1 232
The future of oil: Geology versus technology 0 0 2 56 1 2 9 250
The macroeconomics of central bank digital currencies 0 4 30 114 2 15 96 302
To starve or not to starve the beast? 0 0 1 19 0 1 4 138
Trade Openness and Exchange Rate Regimes 0 0 1 36 0 0 2 271
Total Journal Articles 6 17 110 3,157 32 99 395 9,914


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 0 1 2 134
Total Chapters 0 0 0 28 0 1 2 134


Statistics updated 2025-10-06