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 3 5 744
A Critical View of Inflation Targeting: Crises, Limited Sustainability, and Aggregate Shocks 0 0 0 268 0 4 4 814
A Fiscal Theory of the Currency Risk Premium and of Sterilized Intervention 0 0 1 75 1 8 9 236
A Party without a Hangover? On the Effects of U.S. Government Deficits 0 0 0 17 8 10 10 118
A Party without a Hangover? On the Effects of U.S. Government Deficits 0 0 0 189 2 6 8 401
A Quantative Exploration of the Role of Short-Term Domestic Debit in Balance of Payments Crises 0 0 0 94 6 9 9 465
A Rational Expectations Model of Optimal Inflation Inertia 0 0 0 171 4 7 10 690
An Economy in Transition and DSGE: What the Czech National Bank's New Projection Model Needs 0 0 0 237 2 4 7 551
Balance of Payments Anti-Crises 0 0 0 80 1 4 5 182
Balance of Payments Crises Under Inflation Targeting 0 0 0 206 4 8 10 851
Balance of Payments Crises Under Inflation Targeting 0 0 0 145 1 3 7 391
Balance of Payments Crisis: The Role of Short-Term Debt 0 0 1 559 2 6 19 2,157
Banks are not intermediaries of loanable funds – and why this matters 0 2 4 442 21 33 52 1,019
Banks are not intermediaries of loanable funds — facts, theory and evidence 1 3 9 271 9 18 42 695
Banks in The Global Integrated Monetary and Fiscal Model 0 0 2 106 3 4 12 204
Banks, Money, and the Zero Lower Bound on Deposit Rates 0 0 0 32 3 7 11 78
Banks, money and the zero lower bound on deposit rates 1 1 1 129 10 16 22 216
Budget Consolidation: Short-Term Pain and Long-Term Gain 0 0 0 98 0 1 2 215
CBDC Policies in Open Economies 0 0 1 19 1 3 6 30
CBDC Policies in Open Economies 0 0 0 17 6 6 12 39
CBDC Policies in Open Economies 0 0 0 8 6 8 11 33
CBDC policies in open economies 0 0 1 63 3 6 15 102
Central Bank Money: Liability, Asset, or Equity of the Nation? 0 0 6 195 5 8 20 435
Central bank digital currencies - design principles and balance sheet implications 2 3 9 307 5 13 52 643
Chile’s Structural Fiscal Surplus Rule: A Model-Based Evaluation 0 1 2 109 0 7 12 306
Chile’s Structural Fiscal Surplus Rule: a Model – Based Evaluation 0 1 1 53 3 13 16 215
Deep Reinforcement Learning in a Monetary Model 1 2 8 85 4 16 54 240
Effects of Fiscal Stimulus in Structural Models 0 0 4 445 4 9 16 1,034
Financial Crises in DSGE Models: A Prototype Model 0 0 1 366 6 12 19 531
Financial Crises in DSGE Models: Selected Applications of MAPMOD 0 0 0 236 5 8 13 319
Fiscal Crisis Resolution: Taxation Versus Inflation 0 0 1 193 2 3 4 763
Fiscal Crisis Resolution: Taxation versus Inflation 0 0 0 30 3 7 9 234
Fiscal Deficits and Current Account Deficits 0 0 1 210 2 2 6 431
Fiscal Stimulus to the Rescue? Short-Run Benefits and Potential Long-Run Costs of Fiscal Deficits 0 0 0 129 9 11 12 320
Getting to Know GIMF: The Simulation Properties of the Global Integrated Monetary and Fiscal Model 2 3 17 188 9 33 67 585
Government Debt: A Key Role in Financial Intermediation 0 0 1 256 5 14 22 869
How Does International Capital Flow? 0 0 1 20 6 7 10 33
How Does International Capital Flow? 0 0 1 24 7 16 27 90
How does international capital flow? 0 0 0 62 3 7 11 172
How does international capital flow? 0 0 0 50 3 7 16 139
Income Inequality and Current Account Imbalances 0 0 0 261 4 5 11 598
Inequality, Leverage and Crises 0 0 0 119 4 6 12 433
Inequality, Leverage and Crises 0 1 4 240 4 6 23 701
Inequality, Leverage and Crises 0 0 0 0 6 10 21 409
Inequality, Leverage and Crises: The Case of Endogenous Default 0 0 0 144 7 7 10 367
Inequality, Leverage, and Crises 0 0 0 0 2 4 10 108
Inequality, Leverage, and Crises 0 0 0 0 4 8 10 31
Inflation Inertia and Credible Disinflation - The Open Economy Case 0 1 1 203 27 85 87 617
Inflation Inertia- THe Role of Multiple, Interacting Pricing Rigidities 0 0 0 16 4 5 6 105
Inflation Targeting Versus Joining a Monetary Union: An Assessment of the Potential Benefits and Costs Using a DSGE Model 0 0 0 0 1 2 3 254
Inflation Targeting and Exchange Rate Flexibility 0 0 0 441 2 6 6 1,233
International Capital Mobility in Emerging Markets: New Evidence from Daily Data 0 0 0 204 4 7 7 779
International Currency Portfolios 0 0 0 13 6 7 8 63
International Currency Portfolios 0 0 0 15 6 9 12 68
Jointly Optimal Monetary and Fiscal Policy Rules under Borrowing Constraints 0 0 0 133 5 8 9 230
Levarging inequality 0 0 0 0 2 2 5 180
Measures of Potential Output from an Estimated DSGE Model of the United States 0 0 0 249 1 2 5 604
Monetary Policy in an Equilibrium Portfolio Balance Model 0 0 1 98 3 5 6 298
Monetary Policy in an Equilibrium Portfolio Balance Model 0 0 0 152 4 7 12 487
Multi-Sectoral Cascading and Price Dynamics - A Bayesian Econometric Evaluation 0 0 0 63 2 2 2 276
Nominal Exchange Rate Anchoring Under Inflation Inertia 0 0 0 100 2 4 6 330
Oil and the World Economy: Some Possible Futures 0 0 0 58 1 2 4 214
On the Benefits of Exchange Rate Flexibility under Endogenous Tradedness of Goods 0 0 0 0 4 7 8 9
On the Benefits of Exchange Rate Flexibility under Endogenous Tradedness of Goods 0 0 0 104 8 9 11 890
Politically Optimal Fiscal Policy 0 0 0 152 1 1 2 259
Post-Corona Balanced-Budget Super-Stimulus: The Case for Shifting Taxes onto Land 2 5 13 46 12 26 80 190
Post-Corona Balanced-Budget Super-Stimulus: The Case for Shifting Taxes onto Land 0 0 4 18 2 6 19 71
Pricing Policies and Inflation Inertia 0 0 0 119 1 2 3 404
Pricing Policies and Inflation Inertia 0 0 0 117 2 4 6 607
Quantitative Easing and Quantitative Tightening: The Money Channel 1 2 3 4 3 8 16 19
Quantitative easing and quantitative tightening: the money channel 0 1 8 24 3 8 35 54
Risky Bank Lending and Optimal Capital Adequacy Regulation 0 0 0 250 1 1 7 507
Simple Monetary Rules Under Fiscal Dominance 0 0 0 76 5 5 7 182
Simple Monetary Rules under Fiscal Dominance 0 0 0 139 4 5 8 337
Simple monetary rules under fiscal dominance 0 0 0 110 1 9 18 325
Simple, Implementable Fiscal Policy Rules 0 0 0 159 1 5 6 327
Sterilization of Short-Term Capital Inflows - Through Lower Interest Rates ? 0 0 0 278 5 10 11 987
The Benefits of International Policy Coordination Revisited 0 0 1 74 1 3 6 278
The Case for Global Fiscal Stimulus 0 0 0 2 4 5 6 23
The Chicago Plan Revisited 1 2 5 176 23 75 106 874
The Chicago Plan Revisited 0 0 2 204 17 38 60 567
The Future of Oil: Geology Versus Technology 0 0 0 238 3 5 7 531
The Global Integrated Monetary and Fiscal Model (GIMF) – Theoretical Structure 0 0 2 288 3 11 24 824
The macroeconomics of central bank issued digital currencies 1 4 9 362 10 22 59 1,353
To Starve or Not to Starve the Beast? 0 0 0 77 4 5 5 244
Too much of a good thing? on the effects of limiting foreign reserve accumulation 0 0 0 77 1 5 8 164
Towards a new monetary theory of exchange rate determination 0 0 2 89 5 9 21 177
Unequal = Indebted 0 0 0 0 1 1 2 17
Unequal = Indebted 0 0 0 0 0 1 2 66
Wage Moderation in Crises: Policy Considerations and Applications to the Euro Area 0 0 0 53 5 8 9 130
Total Working Papers 12 32 128 12,209 406 860 1,501 36,391
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 3 5 11 112
Balance of payments crises under inflation targeting 0 0 0 107 5 10 12 359
Balance-of-payments anti-crises 0 0 0 19 2 6 8 129
Banks, money, and the zero lower bound on deposit rates 1 1 1 30 2 4 7 67
Central bank digital currencies — Design principles for financial stability 1 5 20 135 7 24 87 349
Chile’s Structural Fiscal Surplus Rule: a Model-Based Evaluation 0 0 0 50 5 7 9 175
Deficit reduction: Short-term pain for long-term gain 0 0 1 111 2 5 7 390
Effects of Fiscal Stimulus in Structural Models 0 3 10 630 4 14 56 1,872
Fiscal deficits and current account deficits 0 1 6 122 4 6 23 517
Global effects of fiscal stimulus during the crisis 0 0 2 124 2 3 8 363
Government Debt Bias 1 1 2 31 4 8 10 128
Inequality, Leverage, and Crises 0 0 5 227 6 12 27 797
Inflation inertia and credible disinflation 0 0 0 56 4 5 5 171
International Capital Mobility in Emerging Markets: New Evidence from Daily Data 0 0 0 0 4 5 5 11
Jointly optimal monetary and fiscal policy rules under liquidity constraints 0 0 1 218 3 5 8 587
On the theory of international currency portfolios 0 0 0 22 2 3 5 119
On the theory of sterilized foreign exchange intervention 0 0 2 204 6 10 16 483
Optimal price setting and inflation inertia in a rational expectations model 0 0 0 57 4 5 5 245
Optimal price setting and inflation inertia in a rational expectations model 0 0 2 117 2 2 10 536
PRICING POLICIES AND INFLATION DYNAMICS 0 0 0 25 3 5 8 79
Policies to Rebalance the Global Economy After the Financial Crisis 0 0 0 67 2 2 3 192
Risky bank lending and countercyclical capital buffers 0 1 6 288 39 42 51 656
Simple Monetary Rules under Fiscal Dominance 0 0 0 85 1 5 10 282
Simple Monetary Rules under Fiscal Dominance 0 0 3 12 6 7 15 43
Simple fiscal policy rules for small open economies 0 0 1 101 3 6 12 291
Sterilization of short-term capital inflows--through lower interest rates? 0 0 0 84 2 2 7 238
The future of oil: Geology versus technology 0 0 1 56 6 11 17 261
The macroeconomics of central bank digital currencies 1 11 26 125 10 39 108 349
To starve or not to starve the beast? 0 0 0 19 4 8 9 146
Trade Openness and Exchange Rate Regimes 0 0 1 36 1 1 3 272
Total Journal Articles 4 23 90 3,186 148 267 562 10,219


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 9 12 14 146
Total Chapters 0 0 0 28 9 12 14 146


Statistics updated 2026-02-12