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 7 817
A Critical View of Inflation Targeting: Crises, Limited Sustainability, and Aggregate Shocks 0 0 0 280 0 1 7 748
A Fiscal Theory of the Currency Risk Premium and of Sterilized Intervention 0 0 0 75 1 2 15 243
A Party without a Hangover? On the Effects of U.S. Government Deficits 0 0 0 189 0 0 12 405
A Party without a Hangover? On the Effects of U.S. Government Deficits 0 0 0 17 1 2 23 131
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 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 9 555
Balance of Payments Anti-Crises 0 0 0 80 0 1 10 187
Balance of Payments Crises Under Inflation Targeting 0 0 0 206 1 1 13 855
Balance of Payments Crises Under Inflation Targeting 0 0 0 145 1 1 6 392
Balance of Payments Crisis: The Role of Short-Term Debt 0 0 0 559 1 3 22 2,169
Banks are not intermediaries of loanable funds – and why this matters 1 2 7 446 3 5 61 1,043
Banks are not intermediaries of loanable funds — facts, theory and evidence 0 0 7 274 1 8 51 721
Banks in The Global Integrated Monetary and Fiscal Model 0 0 2 108 1 1 16 211
Banks, Money, and the Zero Lower Bound on Deposit Rates 0 0 0 32 2 2 15 85
Banks, money and the zero lower bound on deposit rates 0 0 2 130 0 1 28 224
Budget Consolidation: Short-Term Pain and Long-Term Gain 1 1 2 100 1 1 5 218
CBDC Policies in Open Economies 0 0 1 19 1 2 15 40
CBDC Policies in Open Economies 0 0 0 17 2 2 20 50
CBDC Policies in Open Economies 0 0 0 8 1 2 14 39
CBDC policies in open economies 0 0 0 63 1 3 23 116
Central Bank Money: Liability, Asset, or Equity of the Nation? 0 3 6 200 2 8 32 457
Central bank digital currencies - design principles and balance sheet implications 1 1 7 309 5 6 50 667
Chile’s Structural Fiscal Surplus Rule: A Model-Based Evaluation 0 0 1 109 1 3 16 312
Chile’s Structural Fiscal Surplus Rule: a Model – Based Evaluation 0 0 2 54 0 0 19 221
Deep Reinforcement Learning in a Monetary Model 0 1 4 86 1 3 36 252
Effects of Fiscal Stimulus in Structural Models 0 0 2 445 2 2 20 1,043
Financial Crises in DSGE Models: A Prototype Model 0 0 0 366 0 1 22 539
Financial Crises in DSGE Models: Selected Applications of MAPMOD 0 0 0 236 0 0 15 326
Fiscal Crisis Resolution: Taxation Versus Inflation 0 0 0 193 0 0 8 768
Fiscal Crisis Resolution: Taxation versus Inflation 0 0 0 30 0 0 15 241
Fiscal Deficits and Current Account Deficits 0 0 0 210 0 1 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 2 4 62 610
Government Debt: A Key Role in Financial Intermediation 0 0 0 256 2 4 27 877
How Does International Capital Flow? 0 0 0 20 0 1 12 38
How Does International Capital Flow? 0 2 2 26 2 4 30 98
How does international capital flow? 0 1 1 63 1 3 16 180
How does international capital flow? 0 0 1 51 1 2 22 153
Income Inequality and Current Account Imbalances 0 0 0 261 3 3 18 609
Inequality, Leverage and Crises 1 1 2 241 2 5 18 711
Inequality, Leverage and Crises 0 0 0 119 2 3 16 441
Inequality, Leverage and Crises 0 0 0 0 2 2 23 418
Inequality, Leverage and Crises: The Case of Endogenous Default 0 0 1 145 1 2 24 382
Inequality, Leverage, and Crises 0 0 0 0 1 3 16 38
Inequality, Leverage, and Crises 0 0 0 0 4 4 14 115
Inflation Inertia and Credible Disinflation - The Open Economy Case 0 0 1 203 1 3 95 625
Inflation Inertia- THe Role of Multiple, Interacting Pricing Rigidities 0 0 0 16 1 1 10 109
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 1 2 11 1,238
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 1 2 12 234
Levarging inequality 0 0 0 0 1 1 7 185
Measures of Potential Output from an Estimated DSGE Model of the United States 0 0 1 250 0 3 9 610
Monetary Policy in an Equilibrium Portfolio Balance Model 0 0 0 152 0 0 17 494
Monetary Policy in an Equilibrium Portfolio Balance Model 0 0 0 98 0 1 12 305
Multi-Sectoral Cascading and Price Dynamics - A Bayesian Econometric Evaluation 0 0 0 63 2 2 9 283
Nominal Exchange Rate Anchoring Under Inflation Inertia 0 0 0 100 0 0 7 333
Oil and the World Economy: Some Possible Futures 0 0 0 58 2 3 10 220
On the Benefits of Exchange Rate Flexibility under Endogenous Tradedness of Goods 0 0 0 0 0 1 11 12
On the Benefits of Exchange Rate Flexibility under Endogenous Tradedness of Goods 1 1 1 105 1 1 18 898
Politically Optimal Fiscal Policy 0 0 0 152 0 0 1 259
Post-Corona Balanced-Budget Super-Stimulus: The Case for Shifting Taxes onto Land 0 0 9 48 1 1 57 212
Post-Corona Balanced-Budget Super-Stimulus: The Case for Shifting Taxes onto Land 1 2 4 22 2 5 29 90
Pricing Policies and Inflation Inertia 0 0 0 119 2 3 11 412
Pricing Policies and Inflation Inertia 0 0 0 117 1 3 14 616
Quantitative Easing and Quantitative Tightening: The Money Channel 0 0 3 4 2 3 26 34
Quantitative easing and quantitative tightening: the money channel 0 1 3 26 1 2 24 66
Risky Bank Lending and Optimal Capital Adequacy Regulation 0 0 0 250 2 4 10 513
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 7 339
Simple monetary rules under fiscal dominance 0 0 0 110 0 1 16 329
Simple, Implementable Fiscal Policy Rules 0 0 0 159 0 0 9 331
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 0 1 75 0 0 5 280
The Case for Global Fiscal Stimulus 0 0 0 2 2 2 11 29
The Chicago Plan Revisited 0 1 3 177 1 4 124 917
The Chicago Plan Revisited 0 0 2 205 4 12 99 623
The Future of Oil: Geology Versus Technology 0 0 0 238 1 1 8 534
The Global Integrated Monetary and Fiscal Model (GIMF) – Theoretical Structure 0 0 2 289 1 4 29 837
The macroeconomics of central bank issued digital currencies 2 2 18 376 2 4 68 1,390
To Starve or Not to Starve the Beast? 0 0 0 77 0 2 10 249
Too much of a good thing? on the effects of limiting foreign reserve accumulation 0 0 0 77 0 0 8 166
Towards a new monetary theory of exchange rate determination 0 0 0 89 0 0 18 182
Unequal = Indebted 0 0 0 0 0 0 2 18
Unequal = Indebted 0 0 0 0 0 0 2 67
Wage Moderation in Crises: Policy Considerations and Applications to the Euro Area 0 0 0 53 1 2 13 135
Total Working Papers 8 19 101 12,264 86 181 1,857 37,206
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 1 13 116
Balance of payments crises under inflation targeting 0 0 0 107 1 2 13 361
Balance-of-payments anti-crises 0 0 0 19 1 2 11 134
Banks, money, and the zero lower bound on deposit rates 0 0 2 31 0 1 15 78
Central bank digital currencies — Design principles for financial stability 1 6 21 148 3 18 89 400
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 0 2 13 398
Effects of Fiscal Stimulus in Structural Models 0 0 10 633 2 5 49 1,896
Fiscal deficits and current account deficits 0 0 2 122 0 1 18 524
Global effects of fiscal stimulus during the crisis 0 0 0 124 0 1 9 369
Government Debt Bias 0 0 1 31 0 0 14 134
Inequality, Leverage, and Crises 0 0 1 227 1 4 26 809
Inflation inertia and credible disinflation 0 0 0 56 0 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 0 9 590
On the theory of international currency portfolios 0 0 0 22 0 1 10 125
On the theory of sterilized foreign exchange intervention 1 1 1 205 1 2 17 489
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 1 1 18 258
PRICING POLICIES AND INFLATION DYNAMICS 0 0 0 25 0 0 9 82
Policies to Rebalance the Global Economy After the Financial Crisis 0 0 0 67 0 2 5 195
Risky bank lending and countercyclical capital buffers 1 1 3 289 1 1 69 681
Simple Monetary Rules under Fiscal Dominance 0 0 3 13 1 1 22 52
Simple Monetary Rules under Fiscal Dominance 0 0 0 85 0 0 8 283
Simple fiscal policy rules for small open economies 0 0 1 102 2 3 18 301
Sterilization of short-term capital inflows--through lower interest rates? 0 0 0 84 0 1 13 245
The future of oil: Geology versus technology 0 0 1 57 0 1 18 267
The macroeconomics of central bank digital currencies 2 7 31 145 6 21 120 420
To starve or not to starve the beast? 0 0 0 19 0 0 16 154
Trade Openness and Exchange Rate Regimes 0 0 0 36 0 2 6 277
Total Journal Articles 5 15 77 3,228 21 75 661 10,543


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 14 148
Total Chapters 0 0 0 28 0 0 14 148


Statistics updated 2026-09-10