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 0 268 1 2 6 816
A Critical View of Inflation Targeting: Crises, Limited Sustainability, and Aggregate Shocks 0 0 0 280 1 2 7 748
A Fiscal Theory of the Currency Risk Premium and of Sterilized Intervention 0 0 1 75 1 2 15 242
A Party without a Hangover? On the Effects of U.S. Government Deficits 0 0 0 17 0 1 22 130
A Party without a Hangover? On the Effects of U.S. Government Deficits 0 0 0 189 0 1 12 405
A Quantative Exploration of the Role of Short-Term Domestic Debit in Balance of Payments Crises 0 0 0 94 0 0 9 465
A Rational Expectations Model of Optimal Inflation Inertia 0 0 0 171 1 2 17 698
An Economy in Transition and DSGE: What the Czech National Bank's New Projection Model Needs 0 0 0 237 0 1 10 555
Balance of Payments Anti-Crises 0 0 0 80 0 1 10 187
Balance of Payments Crises Under Inflation Targeting 0 0 0 206 0 0 12 854
Balance of Payments Crises Under Inflation Targeting 0 0 0 145 0 0 7 391
Balance of Payments Crisis: The Role of Short-Term Debt 0 0 0 559 1 4 22 2,168
Banks are not intermediaries of loanable funds – and why this matters 0 1 7 445 0 6 61 1,040
Banks are not intermediaries of loanable funds — facts, theory and evidence 0 0 7 274 5 7 51 720
Banks in The Global Integrated Monetary and Fiscal Model 0 0 2 108 0 0 16 210
Banks, Money, and the Zero Lower Bound on Deposit Rates 0 0 0 32 0 0 14 83
Banks, money and the zero lower bound on deposit rates 0 0 2 130 1 4 29 224
Budget Consolidation: Short-Term Pain and Long-Term Gain 0 0 1 99 0 0 4 217
CBDC Policies in Open Economies 0 0 0 8 0 2 14 38
CBDC Policies in Open Economies 0 0 1 19 1 3 14 39
CBDC Policies in Open Economies 0 0 0 17 0 2 18 48
CBDC policies in open economies 0 0 0 63 0 4 22 115
Central Bank Money: Liability, Asset, or Equity of the Nation? 2 4 6 200 4 10 30 455
Central bank digital currencies - design principles and balance sheet implications 0 0 7 308 1 4 47 662
Chile’s Structural Fiscal Surplus Rule: A Model-Based Evaluation 0 0 2 109 1 2 17 311
Chile’s Structural Fiscal Surplus Rule: a Model – Based Evaluation 0 0 2 54 0 2 20 221
Deep Reinforcement Learning in a Monetary Model 0 1 5 86 1 2 38 251
Effects of Fiscal Stimulus in Structural Models 0 0 2 445 0 2 19 1,041
Financial Crises in DSGE Models: A Prototype Model 0 0 0 366 0 2 22 539
Financial Crises in DSGE Models: Selected Applications of MAPMOD 0 0 0 236 0 1 16 326
Fiscal Crisis Resolution: Taxation Versus Inflation 0 0 0 193 0 1 8 768
Fiscal Crisis Resolution: Taxation versus Inflation 0 0 0 30 0 1 15 241
Fiscal Deficits and Current Account Deficits 0 0 0 210 1 2 11 439
Fiscal Stimulus to the Rescue? Short-Run Benefits and Potential Long-Run Costs of Fiscal Deficits 0 0 0 129 0 1 13 322
Getting to Know GIMF: The Simulation Properties of the Global Integrated Monetary and Fiscal Model 0 0 3 188 1 2 62 608
Government Debt: A Key Role in Financial Intermediation 0 0 0 256 1 3 27 875
How Does International Capital Flow? 2 2 2 26 2 2 28 96
How Does International Capital Flow? 0 0 0 20 1 1 14 38
How does international capital flow? 0 0 1 51 0 1 21 152
How does international capital flow? 1 1 1 63 1 2 15 179
Income Inequality and Current Account Imbalances 0 0 0 261 0 0 16 606
Inequality, Leverage and Crises 0 0 0 0 0 3 22 416
Inequality, Leverage and Crises 0 0 1 240 2 4 17 709
Inequality, Leverage and Crises 0 0 0 119 0 1 15 439
Inequality, Leverage and Crises: The Case of Endogenous Default 0 0 1 145 1 1 23 381
Inequality, Leverage, and Crises 0 0 0 0 0 0 10 111
Inequality, Leverage, and Crises 0 0 0 0 0 4 16 37
Inflation Inertia and Credible Disinflation - The Open Economy Case 0 0 1 203 0 3 94 624
Inflation Inertia- THe Role of Multiple, Interacting Pricing Rigidities 0 0 0 16 0 2 9 108
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 5 257
Inflation Targeting and Exchange Rate Flexibility 0 0 0 441 0 1 10 1,237
International Capital Mobility in Emerging Markets: New Evidence from Daily Data 0 0 0 204 0 0 12 784
International Currency Portfolios 0 0 0 15 0 0 15 71
International Currency Portfolios 0 0 0 13 0 0 9 65
Jointly Optimal Monetary and Fiscal Policy Rules under Borrowing Constraints 0 0 0 133 0 1 11 233
Levarging inequality 0 0 0 0 0 0 6 184
Measures of Potential Output from an Estimated DSGE Model of the United States 0 1 1 250 0 4 9 610
Monetary Policy in an Equilibrium Portfolio Balance Model 0 0 0 98 1 3 12 305
Monetary Policy in an Equilibrium Portfolio Balance Model 0 0 0 152 0 2 17 494
Multi-Sectoral Cascading and Price Dynamics - A Bayesian Econometric Evaluation 0 0 0 63 0 1 7 281
Nominal Exchange Rate Anchoring Under Inflation Inertia 0 0 0 100 0 1 7 333
Oil and the World Economy: Some Possible Futures 0 0 0 58 1 2 8 218
On the Benefits of Exchange Rate Flexibility under Endogenous Tradedness of Goods 0 0 0 104 0 0 17 897
On the Benefits of Exchange Rate Flexibility under Endogenous Tradedness of Goods 0 0 0 0 0 1 11 12
Politically Optimal Fiscal Policy 0 0 0 152 0 0 2 259
Post-Corona Balanced-Budget Super-Stimulus: The Case for Shifting Taxes onto Land 0 1 3 21 1 4 27 88
Post-Corona Balanced-Budget Super-Stimulus: The Case for Shifting Taxes onto Land 0 0 9 48 0 1 60 211
Pricing Policies and Inflation Inertia 0 0 0 117 1 3 13 615
Pricing Policies and Inflation Inertia 0 0 0 119 0 1 9 410
Quantitative Easing and Quantitative Tightening: The Money Channel 0 0 3 4 0 2 25 32
Quantitative easing and quantitative tightening: the money channel 0 1 4 26 0 3 25 65
Risky Bank Lending and Optimal Capital Adequacy Regulation 0 0 0 250 1 3 9 511
Simple Monetary Rules Under Fiscal Dominance 0 0 0 76 0 0 15 191
Simple Monetary Rules under Fiscal Dominance 0 0 0 139 0 0 9 339
Simple monetary rules under fiscal dominance 0 0 0 110 0 1 18 329
Simple, Implementable Fiscal Policy Rules 0 0 0 159 0 0 10 331
Sterilization of Short-Term Capital Inflows - Through Lower Interest Rates ? 0 0 0 278 0 0 19 995
The Benefits of International Policy Coordination Revisited 0 1 1 75 0 1 5 280
The Case for Global Fiscal Stimulus 0 0 0 2 0 1 9 27
The Chicago Plan Revisited 0 0 2 205 5 14 98 619
The Chicago Plan Revisited 1 1 3 177 2 9 124 916
The Future of Oil: Geology Versus Technology 0 0 0 238 0 0 7 533
The Global Integrated Monetary and Fiscal Model (GIMF) – Theoretical Structure 0 0 2 289 2 3 30 836
The macroeconomics of central bank issued digital currencies 0 5 16 374 0 12 66 1,388
To Starve or Not to Starve the Beast? 0 0 0 77 1 2 10 249
Too much of a good thing? on the effects of limiting foreign reserve accumulation 0 0 0 77 0 0 9 166
Towards a new monetary theory of exchange rate determination 0 0 0 89 0 1 19 182
Unequal = Indebted 0 0 0 0 0 0 2 67
Unequal = Indebted 0 0 0 0 0 0 2 18
Wage Moderation in Crises: Policy Considerations and Applications to the Euro Area 0 0 0 53 0 2 12 134
Total Working Papers 6 19 99 12,256 44 182 1,827 37,120
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 12 115
Balance of payments crises under inflation targeting 0 0 0 107 1 1 12 360
Balance-of-payments anti-crises 0 0 0 19 1 1 11 133
Banks, money, and the zero lower bound on deposit rates 0 1 2 31 0 4 17 78
Central bank digital currencies — Design principles for financial stability 1 8 21 147 6 25 93 397
Chile’s Structural Fiscal Surplus Rule: a Model-Based Evaluation 0 0 0 50 0 0 10 177
Deficit reduction: Short-term pain for long-term gain 0 0 0 111 2 3 13 398
Effects of Fiscal Stimulus in Structural Models 0 0 11 633 1 5 51 1,894
Fiscal deficits and current account deficits 0 0 3 122 1 2 21 524
Global effects of fiscal stimulus during the crisis 0 0 0 124 1 3 9 369
Government Debt Bias 0 0 1 31 0 0 14 134
Inequality, Leverage, and Crises 0 0 2 227 1 4 27 808
Inflation inertia and credible disinflation 0 0 0 56 1 1 9 175
International Capital Mobility in Emerging Markets: New Evidence from Daily Data 0 0 0 0 0 0 8 14
Jointly optimal monetary and fiscal policy rules under liquidity constraints 0 0 0 218 0 1 9 590
On the theory of international currency portfolios 0 0 0 22 1 3 11 125
On the theory of sterilized foreign exchange intervention 0 0 1 204 1 2 17 488
Optimal price setting and inflation inertia in a rational expectations model 0 0 0 117 0 1 6 539
Optimal price setting and inflation inertia in a rational expectations model 0 0 0 57 0 0 17 257
PRICING POLICIES AND INFLATION DYNAMICS 0 0 0 25 0 0 11 82
Policies to Rebalance the Global Economy After the Financial Crisis 0 0 0 67 2 2 6 195
Risky bank lending and countercyclical capital buffers 0 0 2 288 0 1 68 680
Simple Monetary Rules under Fiscal Dominance 0 0 0 85 0 0 8 283
Simple Monetary Rules under Fiscal Dominance 0 1 3 13 0 1 21 51
Simple fiscal policy rules for small open economies 0 0 1 102 1 1 16 299
Sterilization of short-term capital inflows--through lower interest rates? 0 0 0 84 1 2 13 245
The future of oil: Geology versus technology 0 0 1 57 1 1 19 267
The macroeconomics of central bank digital currencies 2 10 29 143 4 28 118 414
To starve or not to starve the beast? 0 0 0 19 0 1 16 154
Trade Openness and Exchange Rate Regimes 0 0 0 36 1 2 6 277
Total Journal Articles 3 20 77 3,223 27 96 669 10,522


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 0 15 148
Total Chapters 0 0 0 28 0 0 15 148


Statistics updated 2026-08-07