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 3 3 198
A Discrete-Time Version of Target Zone Models with Jumps 0 0 0 0 1 3 5 307
A Discrete-Time Version of Target Zone Models with Jumps 0 0 0 18 0 7 12 160
A Prudent Central Banker 0 0 0 1 3 10 13 258
A Prudent Central Banker 0 0 0 47 0 4 9 229
Asset Prices in a Small Production Network 0 1 2 45 0 4 5 74
Collective Versus Individual Decisionmaking: A Case Study of the Bank of Israel Law 0 0 0 63 2 22 26 197
Credibility and Signaling in Disinflation- a Cross Country Examination 0 0 0 52 1 2 3 294
Deliberation and Policy Outcomes: Evidence from the Textual Analysis of FOMC Transcripts * 0 2 2 2 1 4 4 4
Deliberation in Committees: Theory and Evidence from the FOMC 0 0 0 41 0 7 10 174
Dissent in Monetary Policy Decisions 0 0 1 10 0 6 10 63
Dissent in Monetary Policy Decisions 0 0 0 109 3 13 18 241
Dissent in Monetary Policy Decisions 0 0 0 7 0 12 14 68
Distortionary Taxation and Labor Supply: Evidence from Canada 0 0 0 77 1 4 4 344
Do Inflation-Targeting Central Banks Implicitly Target the Price Level? 0 0 0 38 3 9 10 111
Do Inflation-Targeting Central Banks Implicitly Target the Price Level? 0 0 0 41 1 5 9 148
Does the Barro-Gordon Model Explain the Behavior of US Inflation? a Reexamination of the Empirical Evidence 0 0 0 666 1 7 10 2,572
Durable Goods, Inter-Sectoral Linkages and Monetary Policy 0 0 0 18 0 4 5 82
Durable Goods, Inter-Sectoral Linkages and Monetary Policy 0 0 0 29 3 10 12 121
Durable Goods, Inter-Sectoral Linkages and Monetary Policy 0 0 0 140 0 6 10 446
Estimating Nonlinear DSGE Models by the Simulated Method of Moments 0 0 0 10 0 4 6 82
Estimating Nonlinear DSGE Models by the Simulated Method of Moments 0 0 0 60 2 6 10 238
Estimating Nonlinear DSGE Models by the Simulated Method of Moments 0 1 1 26 0 2 5 101
Estimating Nonlinear DSGE Models by the Simulated Method of Moments 0 1 4 377 6 24 42 841
Explaining the Persistence of Commodity Prices 0 0 0 111 1 6 7 436
Explaining the Persistence of Commodity Prices 0 0 0 708 1 9 9 3,916
Explaining the Transition Between Exchange Rate Regimes 0 0 1 185 0 4 6 415
Explaining the Transition Between Exchange Rate Regimes 0 0 0 130 0 4 4 335
Extreme Events and Optimal Monetary Policy 0 0 0 62 3 7 10 100
Extreme Events and Optimal Monetary Policy 0 0 0 86 3 11 14 160
Extreme events and optimal monetary policy 0 1 2 74 0 6 11 110
Factor Analysis of a Large DSGE Model 0 0 0 233 0 4 4 587
Factor Analysis of a Large DSGE Model 0 0 0 22 0 2 4 72
Factor Analysis of a Large DSGE Model 0 0 1 132 0 6 11 295
Government Expenditure and the Dynamics of High Inflation 0 0 0 0 0 3 4 564
Government Expenditure and the Dynamics of High Inflation 0 0 0 62 0 1 2 192
Habit Formation and the Persistence of Monetary Shocks 0 0 0 118 0 4 7 389
Habit Formation and the Persistence of Monetary Shocks 0 0 0 289 3 15 16 892
Heterodox Inflation Stabilization in Argentina, Brazil, and Israel. A Historical Review and Some Stylized Facts 0 0 0 281 5 8 9 1,005
How Much Inflation is Necessary to Grease the Wheels? 0 0 0 259 2 11 21 695
How Much Inflation is Necessary to Grease the Wheels? 0 1 1 57 0 3 6 276
Indirect Inference Estimation of Nonlinear Dynamic General Equilibrium Models: With an Application to Asset Pricing under Skewness Risk 0 0 1 110 5 20 23 236
Inflation Targeting Under Asymmetric Preferences 0 0 0 90 1 3 3 287
Inflation Targeting Under Asymmetric Preferences 0 0 0 94 0 9 14 606
Inflation Targeting Under Asymmetric Preferences 0 0 0 0 1 6 9 293
Inflation Targeting Under Asymmetric Preferences 0 0 0 124 0 6 8 346
Limited-dependent rational expectations models with jumps 0 0 0 41 0 10 12 500
Membership Turnover and Policy Disagreement at the FOMC 0 3 4 4 0 6 12 12
Methods to Estimate Dynamic Stochastic General Equilibrium Models 0 0 0 63 1 10 11 227
Methods to Estimate Dynamic Stochastic General Equilibrium Models 0 1 1 546 2 12 15 1,164
Methods to Estimate Dynamic Stochastic General Equilibrium Models 0 0 0 5 0 2 10 1,438
Methods to Estimate Dynamic Stochastic General Equilibrium Models 0 0 1 1,147 1 9 12 2,435
Monetary Policy When Wages Are Downwardly Rigid: Friedman Meets Tobin 0 0 0 78 0 3 8 264
Monetary Policy When Wages Are Downwardly Rigid: Friedman Meets Tobin 1 1 1 47 2 12 15 173
Monetary Policy by Committee: Consensus, Chairman Dominance or Simple Majority? 0 0 2 23 2 6 14 104
Monetary Policy by Committee: Consensus, Chairman Dominance or Simple Majority? 0 0 0 30 1 3 4 118
Monetary Policy by Committee:Consensus, Chairman Dominance or Simple Majority? 0 0 0 116 17 32 36 357
Non-Linear Monetary Policy Rules: Some New Evidence for the US 0 0 0 188 1 7 15 570
Nonlinear Monetary Policy Rules: Some New Evidence for the U.S 0 0 0 168 1 4 8 381
Nonlinear Monetary Policy Rules: Some New Evidence for the U.S 0 0 0 165 0 8 10 460
Nonlinear monetary policy rules: some new evidence for the US 0 0 0 168 2 8 16 577
Preference Heterogeneity in Monetary Policy Committees 0 0 0 3 1 3 3 57
Preference Heterogeneity in Monetary Policy Committees 1 1 1 26 5 8 10 115
Relative Price Shocks and Inflation 0 0 0 56 4 7 11 86
Sectoral Price Rigidity and Aggregate Dynamics 0 0 0 241 3 21 25 659
Sectoral Price Rigidity and Aggregate Dynamics 0 0 0 59 0 4 6 184
Sectoral Price Rigidity and Aggregate Dynamics 0 0 0 18 2 13 14 105
Skewed Fluctuations and Propagation Through Production Networks 1 1 10 10 1 9 30 30
Skewness Risk and Bond Prices 0 0 0 29 1 8 11 106
Skewness Risk and Bond Prices 0 0 0 23 0 1 2 148
Some Implications of the Zero Lower Bound on Interest Rates for the Term Structure and Monetary Policy 0 0 1 147 0 5 7 398
Tariffs and the Exchange Rate: Evidence from Twitter 0 0 0 10 3 5 11 49
Tariffs and the Exchange Rate: Evidence from Twitter 0 0 1 18 1 7 17 70
The Dynamic (In)efficiency of Monetary Policy by Committee 0 0 0 126 1 6 9 369
The Dynamic (In)efficiency of Monetary Policy by Committee 0 0 0 58 0 4 5 182
The Dynamic (In)efficiency of Monetary Policy by Committee 0 0 0 3 1 5 9 66
The Inflation Bias When the Central Bank Targets, the Natural Rate of Unemployment 0 0 0 367 0 2 2 1,686
The Power of the Federal Reserve Chair 0 1 4 29 5 19 27 88
The Power of the Federal Reserve Chair 0 0 1 24 3 8 11 68
The Relationship Between Inflation and the Distribution of Relative Price Changes 0 1 2 15 0 8 20 39
The Transmission of Monetary Policy in a Multi-Sector Economy 0 0 1 390 3 9 18 894
The Transmission of Monetary Policy in a Multi-Sector Economy 0 0 2 68 3 9 14 208
Uncovering Financial Markets Beliefs About Inflation Targets 0 0 0 0 3 9 11 526
Uncovering Financial Markets Beliefs About Inflation Targets 0 0 0 55 0 3 6 287
Total Working Papers 3 16 48 9,668 123 631 934 34,760


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 3 17 2 9 14 36
A Prudent Central Banker 0 0 0 63 3 8 13 334
Analysis of Exchange-Rate Target Zones Using a Limited-Dependent Rational-Expectations Model with Jumps 0 0 0 0 0 3 8 312
Asset prices in a production network 0 0 3 9 1 7 19 30
Canadian inflation targeting 0 0 1 5 1 4 9 25
Canadian inflation targeting 0 0 2 46 1 8 15 130
Collective versus individual Decision-Making: A case study of the Bank of Israel Law 0 0 0 18 0 3 6 147
Credibility and Changes in Policy Regime 0 0 0 163 4 14 18 540
Dissent in monetary policy decisions 0 0 0 81 2 8 18 241
Distortionary Taxation and Labor Supply 0 0 0 0 0 4 6 321
Do Inflation-Targeting Central Banks Implicitly Target the Price Level? 0 0 1 37 3 6 11 142
Does the Barro-Gordon model explain the behavior of US inflation? A reexamination of the empirical evidence 0 0 2 446 3 16 26 1,828
Durable goods, inter-sectoral linkages and monetary policy 1 1 4 145 2 5 12 403
EXTREME EVENTS AND OPTIMAL MONETARY POLICY 0 0 0 16 4 11 12 84
Editors introduction: The renewal of the Canadian inflation-control target 0 0 1 10 2 3 6 37
Editors’ introduction: The renewal of the Canadian inflation‐control target 0 0 0 0 2 3 4 9
Estimating nonlinear DSGE models by the simulated method of moments: With an application to business cycles 0 1 4 534 1 11 30 1,096
Estimating nonlinear dynamic equilibrium models by matching impulse responses 0 0 2 12 0 4 18 54
Explaining the Persistence of Commodity Prices 0 1 1 145 0 9 13 481
Explaining the Transition between Exchange Rate Regimes 0 0 0 92 1 6 6 251
FACTOR ANALYSIS OF A LARGE DSGE MODEL 0 0 0 46 1 9 10 149
Government expenditure and the dynamics of high inflation 0 0 1 254 1 8 20 691
Habit formation and the persistence of monetary shocks 1 1 1 189 2 4 6 525
How do central banks make decisions? 0 0 3 8 3 5 11 29
How much inflation is necessary to grease the wheels? 0 2 3 554 5 28 41 1,571
Inflation Targeting under Asymmetric Preferences 0 0 0 0 2 6 18 530
Limited-dependent rational expectations models with stochastic thresholds 0 0 0 36 0 3 7 164
Methods to estimate dynamic stochastic general equilibrium models 1 1 4 1,134 5 20 38 2,195
Mind-changes at the FOMC 0 0 0 7 0 4 10 34
Monetary Policy by Committee: Consensus, Chairman Dominance, or Simple Majority? 0 0 1 111 1 6 15 450
Monetary policy when wages are downwardly rigid: Friedman meets Tobin 0 0 0 204 1 5 11 665
Nonlinear Monetary Policy Rules: Some New Evidence for the U.S 0 0 0 180 1 10 16 503
Preference Heterogeneity in Monetary Policy Committees 0 0 0 81 1 4 6 242
Sectoral price rigidity and aggregate dynamics 0 2 9 295 5 20 44 781
Skewness Risk and Bond Prices 1 1 2 6 1 2 7 48
THE TRANSMISSION OF MONETARY POLICY IN A MULTISECTOR ECONOMY 0 0 0 275 0 10 21 774
Tariffs and the Exchange Rate: Evidence from Twitter 0 1 15 26 7 31 97 134
The Dynamic (In)Efficiency of Monetary Policy by Committee 0 0 0 55 0 3 8 183
The Dynamic (In)Efficiency of Monetary Policy by Committee 0 0 0 3 1 3 8 18
The effects of learning and signaling on money demand: With an application to heterodox inflation stabilization programs 0 0 0 42 0 4 7 376
The expectations hypothesis of the term structure when interest rates are close to zero 0 0 2 152 0 6 10 337
The inflation bias when the central bank targets the natural rate of unemployment 0 0 3 158 0 5 10 490
Uncovering financial markets' beliefs about inflation targets 0 0 0 94 2 7 14 427
Total Journal Articles 4 12 68 5,749 71 345 699 17,817


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 0 7 13 159
The SSM at 1 0 0 2 25 2 6 12 145
Total Books 0 0 3 56 2 13 25 304


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 8 210 1 12 26 356
Total Chapters 0 2 8 210 1 12 26 356


Statistics updated 2026-03-04