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 1 2 6 308
A Discrete-Time Version of Target Zone Models with Jumps 0 0 0 0 0 0 3 198
A Discrete-Time Version of Target Zone Models with Jumps 0 0 0 18 0 0 12 160
A Prudent Central Banker 0 0 0 47 0 0 9 229
A Prudent Central Banker 0 0 0 1 0 3 13 258
Asset Prices in a Small Production Network 0 0 2 45 3 3 8 77
Collective Versus Individual Decisionmaking: A Case Study of the Bank of Israel Law 0 0 0 63 3 8 32 203
Credibility and Signaling in Disinflation- a Cross Country Examination 0 0 0 52 0 1 3 294
Deliberation and Policy Outcomes: Evidence from the Textual Analysis of FOMC Transcripts * 0 0 2 2 6 7 10 10
Deliberation in Committees: Theory and Evidence from the FOMC 1 1 1 42 1 1 11 175
Dissent in Monetary Policy Decisions 0 0 0 7 2 2 15 70
Dissent in Monetary Policy Decisions 0 0 1 10 2 3 12 66
Dissent in Monetary Policy Decisions 0 0 0 109 2 5 20 243
Distortionary Taxation and Labor Supply: Evidence from Canada 0 0 0 77 4 6 9 349
Do Inflation-Targeting Central Banks Implicitly Target the Price Level? 0 0 0 38 3 8 15 116
Do Inflation-Targeting Central Banks Implicitly Target the Price Level? 0 0 0 41 0 1 9 148
Does the Barro-Gordon Model Explain the Behavior of US Inflation? a Reexamination of the Empirical Evidence 0 0 0 666 0 1 9 2,572
Durable Goods, Inter-Sectoral Linkages and Monetary Policy 0 0 0 140 1 1 11 447
Durable Goods, Inter-Sectoral Linkages and Monetary Policy 0 0 0 29 3 6 15 124
Durable Goods, Inter-Sectoral Linkages and Monetary Policy 0 0 0 18 3 4 9 86
Estimating Nonlinear DSGE Models by the Simulated Method of Moments 0 0 0 10 0 0 6 82
Estimating Nonlinear DSGE Models by the Simulated Method of Moments 0 0 0 60 5 8 16 244
Estimating Nonlinear DSGE Models by the Simulated Method of Moments 0 1 2 27 3 4 9 105
Estimating Nonlinear DSGE Models by the Simulated Method of Moments 0 0 4 377 4 21 56 856
Explaining the Persistence of Commodity Prices 0 0 0 111 2 6 12 441
Explaining the Persistence of Commodity Prices 0 0 0 708 5 7 15 3,922
Explaining the Transition Between Exchange Rate Regimes 0 0 0 130 1 1 5 336
Explaining the Transition Between Exchange Rate Regimes 0 0 0 185 1 1 6 416
Extreme Events and Optimal Monetary Policy 0 0 0 86 1 5 16 162
Extreme Events and Optimal Monetary Policy 0 0 0 62 4 8 14 105
Extreme events and optimal monetary policy 0 0 2 74 2 2 13 112
Factor Analysis of a Large DSGE Model 0 0 0 22 0 0 4 72
Factor Analysis of a Large DSGE Model 0 0 1 132 3 3 14 298
Factor Analysis of a Large DSGE Model 0 0 0 233 2 3 7 590
Government Expenditure and the Dynamics of High Inflation 0 0 0 0 3 3 7 567
Government Expenditure and the Dynamics of High Inflation 0 0 0 62 3 4 6 196
Habit Formation and the Persistence of Monetary Shocks 0 0 0 118 0 1 8 390
Habit Formation and the Persistence of Monetary Shocks 0 0 0 289 0 6 19 895
Heterodox Inflation Stabilization in Argentina, Brazil, and Israel. A Historical Review and Some Stylized Facts 0 0 0 281 2 11 15 1,011
How Much Inflation is Necessary to Grease the Wheels? 0 0 1 57 3 3 9 279
How Much Inflation is Necessary to Grease the Wheels? 0 0 0 259 2 4 20 697
Indirect Inference Estimation of Nonlinear Dynamic General Equilibrium Models: With an Application to Asset Pricing under Skewness Risk 0 0 1 110 1 8 26 239
Inflation Targeting Under Asymmetric Preferences 0 0 0 0 1 2 10 294
Inflation Targeting Under Asymmetric Preferences 0 0 0 94 5 5 19 611
Inflation Targeting Under Asymmetric Preferences 0 0 0 90 2 4 6 290
Inflation Targeting Under Asymmetric Preferences 0 0 0 124 7 7 15 353
Limited-dependent rational expectations models with jumps 0 0 0 41 2 3 15 503
Membership Turnover and Policy Disagreement at the FOMC 0 0 4 4 2 2 14 14
Methods to Estimate Dynamic Stochastic General Equilibrium Models 0 0 1 546 0 2 15 1,164
Methods to Estimate Dynamic Stochastic General Equilibrium Models 0 0 0 63 1 4 14 230
Methods to Estimate Dynamic Stochastic General Equilibrium Models 0 0 0 5 2 3 13 1,441
Methods to Estimate Dynamic Stochastic General Equilibrium Models 0 0 1 1,147 1 5 15 2,439
Monetary Policy When Wages Are Downwardly Rigid: Friedman Meets Tobin 0 1 1 47 1 4 16 175
Monetary Policy When Wages Are Downwardly Rigid: Friedman Meets Tobin 0 0 0 78 0 1 9 265
Monetary Policy by Committee: Consensus, Chairman Dominance or Simple Majority? 0 0 2 23 8 10 20 112
Monetary Policy by Committee: Consensus, Chairman Dominance or Simple Majority? 0 0 0 30 0 2 5 119
Monetary Policy by Committee:Consensus, Chairman Dominance or Simple Majority? 0 0 0 116 0 26 41 366
Non-Linear Monetary Policy Rules: Some New Evidence for the US 0 0 0 188 2 5 18 574
Nonlinear Monetary Policy Rules: Some New Evidence for the U.S 0 0 0 168 1 2 9 382
Nonlinear Monetary Policy Rules: Some New Evidence for the U.S 0 0 0 165 4 4 14 464
Nonlinear monetary policy rules: some new evidence for the US 0 0 0 168 3 8 21 583
Preference Heterogeneity in Monetary Policy Committees 0 1 1 26 0 5 10 115
Preference Heterogeneity in Monetary Policy Committees 0 0 0 3 2 3 5 59
Relative Price Shocks and Inflation 0 0 0 56 2 8 14 90
Sectoral Price Rigidity and Aggregate Dynamics 0 0 0 59 2 2 8 186
Sectoral Price Rigidity and Aggregate Dynamics 0 0 0 18 0 2 14 105
Sectoral Price Rigidity and Aggregate Dynamics 0 0 0 241 2 8 30 664
Skewed Fluctuations and Propagation Through Production Networks 0 1 10 10 1 5 32 34
Skewness Risk and Bond Prices 0 0 0 29 3 6 16 111
Skewness Risk and Bond Prices 0 0 0 23 2 3 5 151
Some Implications of the Zero Lower Bound on Interest Rates for the Term Structure and Monetary Policy 0 0 1 147 2 2 9 400
Tariffs and the Exchange Rate: Evidence from Twitter 0 0 0 10 0 5 11 51
Tariffs and the Exchange Rate: Evidence from Twitter 0 0 1 18 4 5 21 74
The Dynamic (In)efficiency of Monetary Policy by Committee 0 0 0 126 1 2 10 370
The Dynamic (In)efficiency of Monetary Policy by Committee 0 0 0 58 0 2 7 184
The Dynamic (In)efficiency of Monetary Policy by Committee 0 0 0 3 2 4 11 69
The Inflation Bias When the Central Bank Targets, the Natural Rate of Unemployment 0 0 0 367 0 1 3 1,687
The Power of the Federal Reserve Chair 0 0 1 24 2 6 14 71
The Power of the Federal Reserve Chair 0 0 4 29 6 11 31 94
The Relationship Between Inflation and the Distribution of Relative Price Changes 0 0 2 15 3 4 21 43
The Transmission of Monetary Policy in a Multi-Sector Economy 0 0 2 68 2 6 17 211
The Transmission of Monetary Policy in a Multi-Sector Economy 0 0 1 390 5 9 24 900
Uncovering Financial Markets Beliefs About Inflation Targets 0 0 0 55 0 0 6 287
Uncovering Financial Markets Beliefs About Inflation Targets 0 0 0 0 1 4 10 527
Total Working Papers 1 5 49 9,670 165 373 1,152 35,010


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 0 2 17 1 4 15 38
A Prudent Central Banker 0 0 0 63 2 5 15 336
Analysis of Exchange-Rate Target Zones Using a Limited-Dependent Rational-Expectations Model with Jumps 0 0 0 0 2 3 8 315
Asset prices in a production network 1 1 4 10 5 7 24 36
Canadian inflation targeting 0 0 1 5 3 4 11 28
Canadian inflation targeting 0 0 2 46 1 4 18 133
Collective versus individual Decision-Making: A case study of the Bank of Israel Law 0 0 0 18 4 5 11 152
Credibility and Changes in Policy Regime 0 0 0 163 4 12 26 548
Dissent in monetary policy decisions 0 0 0 81 6 8 23 247
Distortionary Taxation and Labor Supply 0 0 0 0 1 1 7 322
Do Inflation-Targeting Central Banks Implicitly Target the Price Level? 0 0 1 37 1 5 13 144
Does the Barro-Gordon model explain the behavior of US inflation? A reexamination of the empirical evidence 0 0 0 446 1 7 25 1,832
Durable goods, inter-sectoral linkages and monetary policy 0 1 4 145 4 8 17 409
EXTREME EVENTS AND OPTIMAL MONETARY POLICY 0 0 0 16 0 4 12 84
Editors introduction: The renewal of the Canadian inflation-control target 0 0 0 10 2 4 7 39
Editors’ introduction: The renewal of the Canadian inflation‐control target 0 0 0 0 0 3 5 10
Estimating nonlinear DSGE models by the simulated method of moments: With an application to business cycles 0 1 5 535 8 11 37 1,106
Estimating nonlinear dynamic equilibrium models by matching impulse responses 0 0 1 12 1 2 19 56
Explaining the Persistence of Commodity Prices 0 0 1 145 2 3 15 484
Explaining the Transition between Exchange Rate Regimes 0 0 0 92 1 3 8 253
FACTOR ANALYSIS OF A LARGE DSGE MODEL 0 0 0 46 2 3 12 151
Government expenditure and the dynamics of high inflation 0 0 0 254 5 6 24 696
Habit formation and the persistence of monetary shocks 0 1 1 189 3 7 11 530
How do central banks make decisions? 0 0 1 8 3 7 11 33
How much inflation is necessary to grease the wheels? 0 1 4 555 5 17 48 1,583
Inflation Targeting under Asymmetric Preferences 0 0 0 0 0 2 16 530
Limited-dependent rational expectations models with stochastic thresholds 0 0 0 36 1 1 8 165
Methods to estimate dynamic stochastic general equilibrium models 0 1 3 1,134 9 20 49 2,210
Mind-changes at the FOMC 0 0 0 7 4 4 14 38
Monetary Policy by Committee: Consensus, Chairman Dominance, or Simple Majority? 0 0 1 111 5 7 19 456
Monetary policy when wages are downwardly rigid: Friedman meets Tobin 0 0 0 204 4 10 18 674
Nonlinear Monetary Policy Rules: Some New Evidence for the U.S 0 0 0 180 3 5 18 507
Preference Heterogeneity in Monetary Policy Committees 0 0 0 81 4 6 11 247
Sectoral price rigidity and aggregate dynamics 0 0 9 295 1 7 43 783
Skewness Risk and Bond Prices 0 1 2 6 1 3 9 50
THE TRANSMISSION OF MONETARY POLICY IN A MULTISECTOR ECONOMY 0 0 0 275 4 6 27 780
Tariffs and the Exchange Rate: Evidence from Twitter 0 1 12 27 7 18 86 145
The Dynamic (In)Efficiency of Monetary Policy by Committee 0 0 0 55 1 1 8 184
The Dynamic (In)Efficiency of Monetary Policy by Committee 0 0 0 3 0 1 8 18
The effects of learning and signaling on money demand: With an application to heterodox inflation stabilization programs 0 0 0 42 2 2 9 378
The expectations hypothesis of the term structure when interest rates are close to zero 0 0 2 152 2 2 12 339
The inflation bias when the central bank targets the natural rate of unemployment 0 1 3 159 2 4 13 494
Uncovering financial markets' beliefs about inflation targets 0 0 0 94 2 4 16 429
Total Journal Articles 1 9 59 5,754 119 246 806 17,992


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 4 4 17 163
The SSM at 1 0 0 2 25 2 5 14 148
Total Books 0 0 3 56 6 9 31 311


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 1 1 7 211 5 6 26 361
Total Chapters 1 1 7 211 5 6 26 361


Statistics updated 2026-05-06