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 3 742
A Critical View of Inflation Targeting: Crises, Limited Sustainability, and Aggregate Shocks 0 0 0 268 1 1 1 811
A Fiscal Theory of the Currency Risk Premium and of Sterilized Intervention 0 0 1 75 1 1 2 229
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 2 4 4 397
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 3 5 684
An Economy in Transition and DSGE: What the Czech National Bank's New Projection Model Needs 0 0 1 237 0 1 4 547
Balance of Payments Anti-Crises 0 0 0 80 1 2 2 179
Balance of Payments Crises Under Inflation Targeting 0 0 0 145 0 2 4 388
Balance of Payments Crises Under Inflation Targeting 0 0 0 206 2 3 4 845
Balance of Payments Crisis: The Role of Short-Term Debt 0 0 1 559 1 5 17 2,152
Banks are not intermediaries of loanable funds – and why this matters 1 2 3 441 5 9 29 991
Banks are not intermediaries of loanable funds — facts, theory and evidence 1 2 8 269 4 11 39 681
Banks in The Global Integrated Monetary and Fiscal Model 0 0 2 106 0 5 8 200
Banks, Money, and the Zero Lower Bound on Deposit Rates 0 0 0 32 3 4 7 74
Banks, money and the zero lower bound on deposit rates 0 0 0 128 2 6 8 202
Budget Consolidation: Short-Term Pain and Long-Term Gain 0 0 0 98 0 1 1 214
CBDC Policies in Open Economies 0 0 0 8 1 1 4 26
CBDC Policies in Open Economies 0 0 0 17 0 3 7 33
CBDC Policies in Open Economies 0 1 1 19 2 4 6 29
CBDC policies in open economies 0 0 1 63 3 6 18 99
Central Bank Money: Liability, Asset, or Equity of the Nation? 0 1 8 195 1 3 15 428
Central bank digital currencies - design principles and balance sheet implications 0 2 7 304 5 18 47 635
Chile’s Structural Fiscal Surplus Rule: A Model-Based Evaluation 1 1 2 109 5 8 10 304
Chile’s Structural Fiscal Surplus Rule: a Model – Based Evaluation 0 0 0 52 1 1 4 203
Deep Reinforcement Learning in a Monetary Model 0 1 8 83 4 12 54 228
Effects of Fiscal Stimulus in Structural Models 0 2 4 445 3 5 11 1,028
Financial Crises in DSGE Models: A Prototype Model 0 0 1 366 1 3 8 520
Financial Crises in DSGE Models: Selected Applications of MAPMOD 0 0 0 236 1 1 6 312
Fiscal Crisis Resolution: Taxation Versus Inflation 0 0 1 193 1 1 2 761
Fiscal Crisis Resolution: Taxation versus Inflation 0 0 0 30 3 4 5 230
Fiscal Deficits and Current Account Deficits 0 0 1 210 0 1 4 429
Fiscal Stimulus to the Rescue? Short-Run Benefits and Potential Long-Run Costs of Fiscal Deficits 0 0 0 129 1 1 2 310
Getting to Know GIMF: The Simulation Properties of the Global Integrated Monetary and Fiscal Model 1 1 18 186 8 12 49 560
Government Debt: A Key Role in Financial Intermediation 0 0 1 256 6 11 15 861
How Does International Capital Flow? 0 0 1 20 1 1 4 27
How Does International Capital Flow? 0 0 1 24 4 10 16 78
How does international capital flow? 0 0 1 50 4 5 16 136
How does international capital flow? 0 0 0 62 1 2 5 166
Income Inequality and Current Account Imbalances 0 0 0 261 0 2 6 593
Inequality, Leverage and Crises 0 0 0 119 1 3 7 428
Inequality, Leverage and Crises 0 0 0 0 3 7 18 402
Inequality, Leverage and Crises 1 1 5 240 1 3 24 696
Inequality, Leverage and Crises: The Case of Endogenous Default 0 0 1 144 0 2 4 360
Inequality, Leverage, and Crises 0 0 0 0 1 4 7 105
Inequality, Leverage, and Crises 0 0 0 0 3 4 7 26
Inflation Inertia and Credible Disinflation - The Open Economy Case 1 1 1 203 3 5 5 535
Inflation Inertia- THe Role of Multiple, Interacting Pricing Rigidities 0 0 0 16 0 1 2 100
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 2 252
Inflation Targeting and Exchange Rate Flexibility 0 0 0 441 2 2 2 1,229
International Capital Mobility in Emerging Markets: New Evidence from Daily Data 0 0 0 204 1 1 1 773
International Currency Portfolios 0 0 0 15 1 4 4 60
International Currency Portfolios 0 0 0 13 0 0 1 56
Jointly Optimal Monetary and Fiscal Policy Rules under Borrowing Constraints 0 0 0 133 1 1 2 223
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 0 249 0 1 3 602
Monetary Policy in an Equilibrium Portfolio Balance Model 0 0 1 98 0 0 2 293
Monetary Policy in an Equilibrium Portfolio Balance Model 0 0 0 152 1 4 6 481
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 0 2 2 212
On the Benefits of Exchange Rate Flexibility under Endogenous Tradedness of Goods 0 0 0 0 0 1 1 2
On the Benefits of Exchange Rate Flexibility under Endogenous Tradedness of Goods 0 0 0 104 0 1 2 881
Politically Optimal Fiscal Policy 0 0 0 152 0 0 1 258
Post-Corona Balanced-Budget Super-Stimulus: The Case for Shifting Taxes onto Land 2 4 15 43 6 15 79 170
Post-Corona Balanced-Budget Super-Stimulus: The Case for Shifting Taxes onto Land 0 0 5 18 2 6 18 67
Pricing Policies and Inflation Inertia 0 0 0 117 0 1 2 603
Pricing Policies and Inflation Inertia 0 0 0 119 0 1 1 402
Quantitative Easing and Quantitative Tightening: The Money Channel 1 2 2 3 3 6 12 14
Quantitative easing and quantitative tightening: the money channel 1 1 24 24 2 6 48 48
Risky Bank Lending and Optimal Capital Adequacy Regulation 0 0 0 250 0 3 6 506
Simple Monetary Rules Under Fiscal Dominance 0 0 0 76 0 1 2 177
Simple Monetary Rules under Fiscal Dominance 0 0 0 139 0 0 3 332
Simple monetary rules under fiscal dominance 0 0 0 110 2 5 12 318
Simple, Implementable Fiscal Policy Rules 0 0 0 159 2 2 3 324
Sterilization of Short-Term Capital Inflows - Through Lower Interest Rates ? 0 0 0 278 2 3 3 979
The Benefits of International Policy Coordination Revisited 0 0 1 74 1 1 6 276
The Case for Global Fiscal Stimulus 0 0 0 2 0 0 1 18
The Chicago Plan Revisited 0 1 2 204 5 10 29 534
The Chicago Plan Revisited 1 1 5 175 11 17 51 810
The Future of Oil: Geology Versus Technology 0 0 0 238 1 1 4 527
The Global Integrated Monetary and Fiscal Model (GIMF) – Theoretical Structure 0 1 2 288 0 5 13 813
The macroeconomics of central bank issued digital currencies 2 2 7 360 6 15 46 1,337
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 2 3 5 161
Towards a new monetary theory of exchange rate determination 0 0 2 89 1 5 15 169
Unequal = Indebted 0 0 0 0 0 0 1 16
Unequal = Indebted 0 0 0 0 0 0 1 65
Wage Moderation in Crises: Policy Considerations and Applications to the Euro Area 0 0 0 53 1 1 2 123
Total Working Papers 13 27 145 12,190 145 327 924 35,676
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 4 7 107
Balance of payments crises under inflation targeting 0 0 0 107 2 3 4 351
Balance-of-payments anti-crises 0 0 0 19 1 1 3 124
Banks, money, and the zero lower bound on deposit rates 0 0 0 29 1 1 6 64
Central bank digital currencies — Design principles for financial stability 1 4 20 131 7 21 81 332
Chile’s Structural Fiscal Surplus Rule: a Model-Based Evaluation 0 0 0 50 0 1 2 168
Deficit reduction: Short-term pain for long-term gain 0 0 1 111 2 2 4 387
Effects of Fiscal Stimulus in Structural Models 1 5 10 628 6 17 54 1,864
Fiscal deficits and current account deficits 1 2 7 122 1 6 20 512
Global effects of fiscal stimulus during the crisis 0 0 2 124 1 1 8 361
Government Debt Bias 0 0 1 30 2 2 4 122
Inequality, Leverage, and Crises 0 1 5 227 5 7 22 790
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 1 2 5 583
On the theory of international currency portfolios 0 0 0 22 0 1 2 116
On the theory of sterilized foreign exchange intervention 0 0 2 204 2 3 9 475
Optimal price setting and inflation inertia in a rational expectations model 0 0 0 57 1 1 1 241
Optimal price setting and inflation inertia in a rational expectations model 0 0 2 117 0 1 8 534
PRICING POLICIES AND INFLATION DYNAMICS 0 0 0 25 0 1 3 74
Policies to Rebalance the Global Economy After the Financial Crisis 0 0 0 67 0 0 1 190
Risky bank lending and countercyclical capital buffers 0 1 7 287 2 4 14 616
Simple Monetary Rules under Fiscal Dominance 0 2 3 12 1 7 10 37
Simple Monetary Rules under Fiscal Dominance 0 0 0 85 2 4 7 279
Simple fiscal policy rules for small open economies 0 0 4 101 2 4 12 287
Sterilization of short-term capital inflows--through lower interest rates? 0 0 0 84 0 4 5 236
The future of oil: Geology versus technology 0 0 2 56 2 3 9 252
The macroeconomics of central bank digital currencies 2 2 19 116 13 23 97 323
To starve or not to starve the beast? 0 0 1 19 2 2 4 140
Trade Openness and Exchange Rate Regimes 0 0 1 36 0 0 2 271
Total Journal Articles 5 17 88 3,168 56 126 405 10,008


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


Statistics updated 2025-12-06