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 1 5 815
A Critical View of Inflation Targeting: Crises, Limited Sustainability, and Aggregate Shocks 0 0 0 280 1 3 7 747
A Fiscal Theory of the Currency Risk Premium and of Sterilized Intervention 0 0 1 75 1 5 14 241
A Party without a Hangover? On the Effects of U.S. Government Deficits 0 0 0 17 0 9 21 129
A Party without a Hangover? On the Effects of U.S. Government Deficits 0 0 0 189 1 4 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 0 4 15 696
An Economy in Transition and DSGE: What the Czech National Bank's New Projection Model Needs 0 0 0 237 0 1 9 554
Balance of Payments Anti-Crises 0 0 0 80 0 4 9 186
Balance of Payments Crises Under Inflation Targeting 0 0 0 145 0 0 7 391
Balance of Payments Crises Under Inflation Targeting 0 0 0 206 0 3 13 854
Balance of Payments Crisis: The Role of Short-Term Debt 0 0 0 559 2 8 22 2,166
Banks are not intermediaries of loanable funds – and why this matters 0 2 6 444 4 11 66 1,038
Banks are not intermediaries of loanable funds — facts, theory and evidence 0 2 8 274 0 12 47 713
Banks in The Global Integrated Monetary and Fiscal Model 0 2 3 108 0 6 17 210
Banks, Money, and the Zero Lower Bound on Deposit Rates 0 0 0 32 0 3 14 83
Banks, money and the zero lower bound on deposit rates 0 1 2 130 3 6 28 223
Budget Consolidation: Short-Term Pain and Long-Term Gain 0 1 1 99 0 2 4 217
CBDC Policies in Open Economies 0 0 0 8 1 3 13 37
CBDC Policies in Open Economies 0 0 0 17 2 7 20 48
CBDC Policies in Open Economies 0 0 1 19 2 8 14 38
CBDC policies in open economies 0 0 0 63 2 7 23 113
Central Bank Money: Liability, Asset, or Equity of the Nation? 1 2 6 197 4 11 28 449
Central bank digital currencies - design principles and balance sheet implications 0 0 8 308 3 12 55 661
Chile’s Structural Fiscal Surplus Rule: A Model-Based Evaluation 0 0 2 109 0 3 15 309
Chile’s Structural Fiscal Surplus Rule: a Model – Based Evaluation 0 1 2 54 2 5 20 221
Deep Reinforcement Learning in a Monetary Model 0 0 5 85 0 7 45 249
Effects of Fiscal Stimulus in Structural Models 0 0 4 445 2 5 21 1,041
Financial Crises in DSGE Models: A Prototype Model 0 0 1 366 1 7 23 538
Financial Crises in DSGE Models: Selected Applications of MAPMOD 0 0 0 236 1 5 19 326
Fiscal Crisis Resolution: Taxation Versus Inflation 0 0 1 193 1 4 9 768
Fiscal Crisis Resolution: Taxation versus Inflation 0 0 0 30 1 7 15 241
Fiscal Deficits and Current Account Deficits 0 0 1 210 1 4 11 438
Fiscal Stimulus to the Rescue? Short-Run Benefits and Potential Long-Run Costs of Fiscal Deficits 0 0 0 129 0 1 12 321
Getting to Know GIMF: The Simulation Properties of the Global Integrated Monetary and Fiscal Model 0 0 5 188 0 15 64 606
Government Debt: A Key Role in Financial Intermediation 0 0 0 256 1 4 25 873
How Does International Capital Flow? 0 0 1 24 0 2 28 94
How Does International Capital Flow? 0 0 1 20 0 4 14 37
How does international capital flow? 0 0 1 51 0 6 24 151
How does international capital flow? 0 0 0 62 0 4 16 177
Income Inequality and Current Account Imbalances 0 0 0 261 0 5 17 606
Inequality, Leverage and Crises 0 0 1 240 1 4 18 706
Inequality, Leverage and Crises 0 0 0 119 0 4 14 438
Inequality, Leverage and Crises 0 0 0 0 3 6 22 416
Inequality, Leverage and Crises: The Case of Endogenous Default 0 0 1 145 0 3 22 380
Inequality, Leverage, and Crises 0 0 0 0 0 3 12 111
Inequality, Leverage, and Crises 0 0 0 0 2 4 14 35
Inflation Inertia and Credible Disinflation - The Open Economy Case 0 0 1 203 1 4 92 622
Inflation Inertia- THe Role of Multiple, Interacting Pricing Rigidities 0 0 0 16 2 3 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 2 5 257
Inflation Targeting and Exchange Rate Flexibility 0 0 0 441 0 3 9 1,236
International Capital Mobility in Emerging Markets: New Evidence from Daily Data 0 0 0 204 0 2 12 784
International Currency Portfolios 0 0 0 15 0 1 15 71
International Currency Portfolios 0 0 0 13 0 2 10 65
Jointly Optimal Monetary and Fiscal Policy Rules under Borrowing Constraints 0 0 0 133 0 2 11 232
Levarging inequality 0 0 0 0 0 2 7 184
Measures of Potential Output from an Estimated DSGE Model of the United States 1 1 1 250 1 3 6 607
Monetary Policy in an Equilibrium Portfolio Balance Model 0 0 0 152 2 5 18 494
Monetary Policy in an Equilibrium Portfolio Balance Model 0 0 0 98 2 6 11 304
Multi-Sectoral Cascading and Price Dynamics - A Bayesian Econometric Evaluation 0 0 0 63 1 1 7 281
Nominal Exchange Rate Anchoring Under Inflation Inertia 0 0 0 100 1 3 7 333
Oil and the World Economy: Some Possible Futures 0 0 0 58 1 3 7 217
On the Benefits of Exchange Rate Flexibility under Endogenous Tradedness of Goods 0 0 0 0 0 2 10 11
On the Benefits of Exchange Rate Flexibility under Endogenous Tradedness of Goods 0 0 0 104 0 5 18 897
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 0 10 48 1 16 76 211
Post-Corona Balanced-Budget Super-Stimulus: The Case for Shifting Taxes onto Land 0 0 5 20 1 9 31 85
Pricing Policies and Inflation Inertia 0 0 0 119 0 4 8 409
Pricing Policies and Inflation Inertia 0 0 0 117 1 4 12 613
Quantitative Easing and Quantitative Tightening: The Money Channel 0 0 3 4 1 10 25 31
Quantitative easing and quantitative tightening: the money channel 0 0 6 25 2 6 28 64
Risky Bank Lending and Optimal Capital Adequacy Regulation 0 0 0 250 1 2 8 509
Simple Monetary Rules Under Fiscal Dominance 0 0 0 76 0 7 15 191
Simple Monetary Rules under Fiscal Dominance 0 0 0 139 0 2 9 339
Simple monetary rules under fiscal dominance 0 0 0 110 0 3 19 328
Simple, Implementable Fiscal Policy Rules 0 0 0 159 0 4 10 331
Sterilization of Short-Term Capital Inflows - Through Lower Interest Rates ? 0 0 0 278 0 4 19 995
The Benefits of International Policy Coordination Revisited 1 1 2 75 1 2 7 280
The Case for Global Fiscal Stimulus 0 0 0 2 1 3 9 27
The Chicago Plan Revisited 0 1 3 205 6 36 95 611
The Chicago Plan Revisited 0 0 4 176 6 25 127 913
The Future of Oil: Geology Versus Technology 0 0 0 238 0 1 8 533
The Global Integrated Monetary and Fiscal Model (GIMF) – Theoretical Structure 0 0 2 289 0 8 28 833
The macroeconomics of central bank issued digital currencies 5 9 18 374 10 26 75 1,386
To Starve or Not to Starve the Beast? 0 0 0 77 0 3 8 247
Too much of a good thing? on the effects of limiting foreign reserve accumulation 0 0 0 77 0 2 9 166
Towards a new monetary theory of exchange rate determination 0 0 1 89 1 4 21 182
Unequal = Indebted 0 0 0 0 0 1 3 18
Unequal = Indebted 0 0 0 0 0 1 2 67
Wage Moderation in Crises: Policy Considerations and Applications to the Euro Area 0 0 0 53 1 2 12 133
Total Working Papers 8 23 118 12,245 87 476 1,872 37,025
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 1 3 14 115
Balance of payments crises under inflation targeting 0 0 0 107 0 0 12 359
Balance-of-payments anti-crises 0 0 0 19 0 3 11 132
Banks, money, and the zero lower bound on deposit rates 1 1 2 31 3 7 16 77
Central bank digital currencies — Design principles for financial stability 3 6 19 142 10 30 95 382
Chile’s Structural Fiscal Surplus Rule: a Model-Based Evaluation 0 0 0 50 0 2 11 177
Deficit reduction: Short-term pain for long-term gain 0 0 1 111 1 5 12 396
Effects of Fiscal Stimulus in Structural Models 0 2 12 633 2 10 64 1,891
Fiscal deficits and current account deficits 0 0 4 122 1 6 24 523
Global effects of fiscal stimulus during the crisis 0 0 0 124 2 4 10 368
Government Debt Bias 0 0 1 31 0 5 14 134
Inequality, Leverage, and Crises 0 0 4 227 1 4 30 805
Inflation inertia and credible disinflation 0 0 0 56 0 2 8 174
International Capital Mobility in Emerging Markets: New Evidence from Daily Data 0 0 0 0 0 2 8 14
Jointly optimal monetary and fiscal policy rules under liquidity constraints 0 0 0 218 1 3 10 590
On the theory of international currency portfolios 0 0 0 22 2 4 10 124
On the theory of sterilized foreign exchange intervention 0 0 1 204 1 4 18 487
Optimal price setting and inflation inertia in a rational expectations model 0 0 0 57 0 7 17 257
Optimal price setting and inflation inertia in a rational expectations model 0 0 0 117 0 2 7 538
PRICING POLICIES AND INFLATION DYNAMICS 0 0 0 25 0 3 11 82
Policies to Rebalance the Global Economy After the Financial Crisis 0 0 0 67 0 0 4 193
Risky bank lending and countercyclical capital buffers 0 0 4 288 1 13 72 680
Simple Monetary Rules under Fiscal Dominance 0 0 0 85 0 1 9 283
Simple Monetary Rules under Fiscal Dominance 1 1 3 13 1 5 22 51
Simple fiscal policy rules for small open economies 0 1 1 102 0 4 17 298
Sterilization of short-term capital inflows--through lower interest rates? 0 0 0 84 1 3 13 244
The future of oil: Geology versus technology 0 1 1 57 0 4 19 266
The macroeconomics of central bank digital currencies 5 10 30 138 13 40 122 399
To starve or not to starve the beast? 0 0 0 19 1 6 17 154
Trade Openness and Exchange Rate Regimes 0 0 0 36 0 3 4 275
Total Journal Articles 10 22 83 3,213 42 185 701 10,468


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 2 15 148
Total Chapters 0 0 0 28 0 2 15 148


Statistics updated 2026-06-04