Access Statistics for Francisco J. Ruge-Murcia

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Working Paper File Downloads Abstract Views
Last month 3 months 12 months Total Last month 3 months 12 months Total
A Discrete-Time Version of Target Zone Models with Jumps 0 0 0 0 0 2 2 304
A Discrete-Time Version of Target Zone Models with Jumps 0 0 0 0 1 1 2 196
A Discrete-Time Version of Target Zone Models with Jumps 0 0 0 18 5 10 12 158
A Prudent Central Banker 0 0 0 47 0 4 5 225
A Prudent Central Banker 0 0 0 1 3 6 6 251
Asset Prices in a Small Production Network 0 0 1 44 0 0 1 70
Collective Versus Individual Decisionmaking: A Case Study of the Bank of Israel Law 0 0 0 63 2 6 6 177
Credibility and Signaling in Disinflation- a Cross Country Examination 0 0 0 52 0 1 1 292
Deliberation and Policy Outcomes: Evidence from the Textual Analysis of FOMC Transcripts * 1 1 1 1 1 1 1 1
Deliberation in Committees: Theory and Evidence from the FOMC 0 0 0 41 3 5 6 170
Dissent in Monetary Policy Decisions 0 0 0 7 2 3 4 58
Dissent in Monetary Policy Decisions 0 1 1 10 1 3 5 58
Dissent in Monetary Policy Decisions 0 0 0 109 2 5 7 230
Distortionary Taxation and Labor Supply: Evidence from Canada 0 0 0 77 1 1 1 341
Do Inflation-Targeting Central Banks Implicitly Target the Price Level? 0 0 0 41 0 4 4 143
Do Inflation-Targeting Central Banks Implicitly Target the Price Level? 0 0 0 38 0 1 1 102
Does the Barro-Gordon Model Explain the Behavior of US Inflation? a Reexamination of the Empirical Evidence 0 0 0 666 5 7 9 2,570
Durable Goods, Inter-Sectoral Linkages and Monetary Policy 0 0 0 29 1 3 3 112
Durable Goods, Inter-Sectoral Linkages and Monetary Policy 0 0 0 140 1 4 5 441
Durable Goods, Inter-Sectoral Linkages and Monetary Policy 0 0 0 18 0 1 1 78
Estimating Nonlinear DSGE Models by the Simulated Method of Moments 0 0 0 10 0 1 2 78
Estimating Nonlinear DSGE Models by the Simulated Method of Moments 0 0 0 25 0 2 5 99
Estimating Nonlinear DSGE Models by the Simulated Method of Moments 1 1 4 377 10 20 30 827
Estimating Nonlinear DSGE Models by the Simulated Method of Moments 0 0 0 60 1 3 7 233
Explaining the Persistence of Commodity Prices 0 0 0 111 2 2 4 432
Explaining the Persistence of Commodity Prices 0 0 0 708 1 1 1 3,908
Explaining the Transition Between Exchange Rate Regimes 0 0 1 185 0 0 2 411
Explaining the Transition Between Exchange Rate Regimes 0 0 0 130 0 0 0 331
Extreme Events and Optimal Monetary Policy 0 0 0 86 2 5 6 151
Extreme Events and Optimal Monetary Policy 0 0 0 62 1 2 4 94
Extreme events and optimal monetary policy 0 0 1 73 1 3 9 105
Factor Analysis of a Large DSGE Model 0 0 0 233 1 1 3 584
Factor Analysis of a Large DSGE Model 0 0 1 132 3 5 8 292
Factor Analysis of a Large DSGE Model 0 0 0 22 1 3 4 71
Government Expenditure and the Dynamics of High Inflation 0 0 0 62 0 1 1 191
Government Expenditure and the Dynamics of High Inflation 0 0 0 0 2 3 4 563
Habit Formation and the Persistence of Monetary Shocks 0 0 0 118 1 3 4 386
Habit Formation and the Persistence of Monetary Shocks 0 0 0 289 0 1 1 877
Heterodox Inflation Stabilization in Argentina, Brazil, and Israel. A Historical Review and Some Stylized Facts 0 0 0 281 0 0 1 997
How Much Inflation is Necessary to Grease the Wheels? 0 0 0 259 4 8 14 688
How Much Inflation is Necessary to Grease the Wheels? 0 0 0 56 1 2 5 274
Indirect Inference Estimation of Nonlinear Dynamic General Equilibrium Models: With an Application to Asset Pricing under Skewness Risk 0 1 1 110 3 6 6 219
Inflation Targeting Under Asymmetric Preferences 0 0 0 90 0 0 2 284
Inflation Targeting Under Asymmetric Preferences 0 0 0 0 1 3 5 288
Inflation Targeting Under Asymmetric Preferences 0 0 0 124 1 2 3 341
Inflation Targeting Under Asymmetric Preferences 0 0 0 94 2 3 7 599
Limited-dependent rational expectations models with jumps 0 0 0 41 2 3 4 492
Membership Turnover and Policy Disagreement at the FOMC 0 0 1 1 0 3 6 6
Methods to Estimate Dynamic Stochastic General Equilibrium Models 0 0 0 5 2 7 11 1,438
Methods to Estimate Dynamic Stochastic General Equilibrium Models 0 0 1 1,147 0 1 4 2,426
Methods to Estimate Dynamic Stochastic General Equilibrium Models 1 1 1 546 1 4 4 1,153
Methods to Estimate Dynamic Stochastic General Equilibrium Models 0 0 0 63 0 0 1 217
Monetary Policy When Wages Are Downwardly Rigid: Friedman Meets Tobin 0 0 0 78 0 3 5 261
Monetary Policy When Wages Are Downwardly Rigid: Friedman Meets Tobin 0 0 0 46 0 2 4 161
Monetary Policy by Committee: Consensus, Chairman Dominance or Simple Majority? 0 1 2 23 0 3 8 98
Monetary Policy by Committee: Consensus, Chairman Dominance or Simple Majority? 0 0 0 30 1 2 3 116
Monetary Policy by Committee:Consensus, Chairman Dominance or Simple Majority? 0 0 0 116 3 3 7 328
Non-Linear Monetary Policy Rules: Some New Evidence for the US 0 0 0 188 4 8 12 567
Nonlinear Monetary Policy Rules: Some New Evidence for the U.S 0 0 0 165 0 1 2 452
Nonlinear Monetary Policy Rules: Some New Evidence for the U.S 0 0 0 168 1 4 5 378
Nonlinear monetary policy rules: some new evidence for the US 0 0 0 168 1 6 9 570
Preference Heterogeneity in Monetary Policy Committees 0 0 0 25 0 2 3 107
Preference Heterogeneity in Monetary Policy Committees 0 0 0 3 0 0 0 54
Relative Price Shocks and Inflation 0 0 1 56 0 1 7 79
Sectoral Price Rigidity and Aggregate Dynamics 0 0 0 59 0 2 2 180
Sectoral Price Rigidity and Aggregate Dynamics 0 0 0 241 2 3 6 640
Sectoral Price Rigidity and Aggregate Dynamics 0 0 0 18 2 2 3 94
Skewed Fluctuations and Propagation Through Production Networks 0 0 9 9 3 10 24 24
Skewness Risk and Bond Prices 0 0 0 29 3 5 6 101
Skewness Risk and Bond Prices 0 0 0 23 0 1 2 147
Some Implications of the Zero Lower Bound on Interest Rates for the Term Structure and Monetary Policy 0 0 1 147 4 5 6 397
Tariffs and the Exchange Rate: Evidence from Twitter 0 0 2 18 2 8 17 65
Tariffs and the Exchange Rate: Evidence from Twitter 0 0 0 10 0 1 7 44
The Dynamic (In)efficiency of Monetary Policy by Committee 0 0 0 58 2 3 6 180
The Dynamic (In)efficiency of Monetary Policy by Committee 0 0 0 3 1 3 5 62
The Dynamic (In)efficiency of Monetary Policy by Committee 0 0 0 126 1 4 4 364
The Inflation Bias When the Central Bank Targets, the Natural Rate of Unemployment 0 0 0 367 0 0 0 1,684
The Power of the Federal Reserve Chair 1 2 4 29 9 12 19 78
The Power of the Federal Reserve Chair 0 0 2 24 2 2 6 62
The Relationship Between Inflation and the Distribution of Relative Price Changes 0 0 9 14 6 11 26 37
The Transmission of Monetary Policy in a Multi-Sector Economy 0 0 1 390 0 4 10 885
The Transmission of Monetary Policy in a Multi-Sector Economy 0 1 2 68 1 4 6 200
Uncovering Financial Markets Beliefs About Inflation Targets 0 0 0 55 0 1 3 284
Uncovering Financial Markets Beliefs About Inflation Targets 0 0 0 0 2 2 4 519
Total Working Papers 4 9 47 9,656 121 284 477 34,250


Journal Article File Downloads Abstract Views
Last month 3 months 12 months Total Last month 3 months 12 months Total
A Model-Based Perspective on Inflation and the Distribution of Relative Price Changes 0 1 6 16 2 4 12 29
A Prudent Central Banker 0 0 0 63 2 5 10 328
Analysis of Exchange-Rate Target Zones Using a Limited-Dependent Rational-Expectations Model with Jumps 0 0 0 0 1 2 6 310
Asset prices in a production network 0 1 3 9 1 6 14 24
Canadian inflation targeting 0 1 1 5 3 6 8 24
Canadian inflation targeting 0 1 2 46 2 6 11 124
Collective versus individual Decision-Making: A case study of the Bank of Israel Law 0 0 0 18 2 4 5 146
Credibility and Changes in Policy Regime 0 0 0 163 0 2 4 526
Dissent in monetary policy decisions 0 0 0 81 3 7 13 236
Distortionary Taxation and Labor Supply 0 0 0 0 2 4 5 319
Do Inflation-Targeting Central Banks Implicitly Target the Price Level? 0 0 1 37 0 2 6 136
Does the Barro-Gordon model explain the behavior of US inflation? A reexamination of the empirical evidence 0 0 3 446 4 6 15 1,816
Durable goods, inter-sectoral linkages and monetary policy 0 1 3 144 1 3 9 399
EXTREME EVENTS AND OPTIMAL MONETARY POLICY 0 0 1 16 0 1 3 73
Editors introduction: The renewal of the Canadian inflation-control target 0 0 1 10 0 1 3 34
Editors’ introduction: The renewal of the Canadian inflation‐control target 0 0 0 0 0 1 1 6
Estimating nonlinear DSGE models by the simulated method of moments: With an application to business cycles 0 2 5 533 6 17 28 1,091
Estimating nonlinear dynamic equilibrium models by matching impulse responses 0 1 2 12 1 8 16 51
Explaining the Persistence of Commodity Prices 0 0 0 144 1 1 5 473
Explaining the Transition between Exchange Rate Regimes 0 0 0 92 2 2 2 247
FACTOR ANALYSIS OF A LARGE DSGE MODEL 0 0 0 46 2 3 3 142
Government expenditure and the dynamics of high inflation 0 0 1 254 2 5 15 685
Habit formation and the persistence of monetary shocks 0 0 0 188 0 2 2 521
How do central banks make decisions? 0 0 3 8 0 1 8 24
How much inflation is necessary to grease the wheels? 0 0 1 552 7 10 21 1,550
Inflation Targeting under Asymmetric Preferences 0 0 0 0 3 9 15 527
Limited-dependent rational expectations models with stochastic thresholds 0 0 0 36 0 1 5 161
Methods to estimate dynamic stochastic general equilibrium models 0 0 4 1,133 3 9 26 2,178
Mind-changes at the FOMC 0 0 0 7 1 5 7 31
Monetary Policy by Committee: Consensus, Chairman Dominance, or Simple Majority? 0 0 1 111 1 3 10 445
Monetary policy when wages are downwardly rigid: Friedman meets Tobin 0 0 0 204 0 3 8 660
Nonlinear Monetary Policy Rules: Some New Evidence for the U.S 0 0 0 180 3 6 10 496
Preference Heterogeneity in Monetary Policy Committees 0 0 0 81 0 1 2 238
Sectoral price rigidity and aggregate dynamics 1 3 11 294 6 14 33 767
Skewness Risk and Bond Prices 0 0 1 5 0 1 6 46
THE TRANSMISSION OF MONETARY POLICY IN A MULTISECTOR ECONOMY 0 0 0 275 4 9 17 768
Tariffs and the Exchange Rate: Evidence from Twitter 1 3 23 26 8 21 99 111
The Dynamic (In)Efficiency of Monetary Policy by Committee 0 0 0 55 1 4 6 181
The Dynamic (In)Efficiency of Monetary Policy by Committee 0 0 0 3 1 2 6 16
The effects of learning and signaling on money demand: With an application to heterodox inflation stabilization programs 0 0 0 42 0 1 3 372
The expectations hypothesis of the term structure when interest rates are close to zero 0 0 2 152 2 3 7 333
The inflation bias when the central bank targets the natural rate of unemployment 0 0 3 158 0 2 5 485
Uncovering financial markets' beliefs about inflation targets 0 0 0 94 0 5 7 420
Total Journal Articles 2 14 78 5,739 77 208 497 17,549


Book File Downloads Abstract Views
Last month 3 months 12 months Total Last month 3 months 12 months Total
Central banking and monetary policy: Which will be the post-crisis new normal? Abstract: Central Bankers are currently facing big challenges in designing and implementing monetary policy, as well as with safeguarding financial stability, with the world economy still in the process of digesting the legacy of the crisis. The crisis has changed central banking in many ways: by shifting the focus of monetary policy from fighting too high inflation towards fighting too low inflation; by prompting new ‘experimental’ non-conventional measures, which risk to cause large, long-lasting market distortions and imbalances and which also have more far-reaching distributional consequences than ‘normal, conventional’ monetary policy; and by broadening central banks’ responsibilities particularly in the direction of safeguarding banking stability and financial stability at large. This raises several questions for the future: How long will ultra-easy monetary policies last? What are post-crisis growth trajectories, and how will the natural rate of interest rates evolve? How could an exit from ultra-easy monetary policy and a return towards higher nominal interest rates be eventually managed smoothly? Does ultra-easy monetary policy itself affect the economy in a lasting and structural way? Is the pre-crisis economic paradigm governing monetary policy still valid? If not, in what ways should it be adjusted? Are there any reasonable and practical alternatives? Against this background and given the larger post-crisis range of central banks’ responsibilities: is the current institutionalset-up governing central banks and their relationship to government, Parliament and the financial system still appropriate? What adaptations might be considered? Would they bring an improvement or, on the contrary, a set-back to the unsuccessful policy approaches of the 1960s and 1970s? 0 0 1 31 2 5 8 154
The SSM at 1 0 1 2 25 0 3 9 139
Total Books 0 1 3 56 2 8 17 293


Chapter File Downloads Abstract Views
Last month 3 months 12 months Total Last month 3 months 12 months Total
Generalized Method of Moments estimation of DSGE models 0 2 8 208 4 8 21 348
Total Chapters 0 2 8 208 4 8 21 348


Statistics updated 2026-01-09