Access Statistics for Frank Rafael Smets

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 monetary policy strategy in good and bad times: lessons from the recent past 0 0 2 581 0 1 5 1,496
A quantitative perspective on optimal monetary policy cooperation between the US and the euro area 0 1 3 268 0 2 6 562
Adaptive learning, persistence, and optimal monetary policy 0 0 2 203 0 0 2 443
An estimated dynamic stochastic general equilibrium model of the euro area 2 9 18 2,892 4 11 42 4,916
An estimated stochastic dynamic general equilibrium model of the euro area 2 2 10 1,339 5 8 23 2,856
Are the effects of monetary policy in the euro area greater in recessions than in booms? 0 1 4 556 2 3 24 1,326
Asset Price Booms and Monetary Policy 0 0 1 19 0 1 3 144
Asset price booms and monetary policy 1 2 2 539 1 2 6 1,394
Banking Supervision, Monetary Policy and Risk-Taking: Big Data Evidence from 15 Credit Registers 0 0 1 14 0 0 2 54
Banking Supervision, Monetary Policy and Risk-Taking: Big Data Evidence from 15 Credit Registers 0 0 3 16 0 1 9 105
Banking Supervision, Monetary Policy and Risk-Taking: Big Data Evidence from 15 Credit Registers 0 0 2 69 1 2 10 142
Banking supervision, monetary policy and risk-taking: Big data evidence from 15 credit registers 0 0 2 53 0 0 9 113
Banking supervision, monetary policy and risk-taking: big data evidence from 15 credit registers 0 0 1 94 1 1 7 154
Booms and banking crises 0 0 3 210 1 2 10 451
Booms and systemic banking crises 0 0 2 291 0 0 8 748
Challenges for Central Banks' Macro Models 0 0 3 257 2 2 12 562
Challenges for Central Banks´ Macro Models 0 0 7 610 3 5 23 992
Comparing Shocks and Frictions in US and Euro Area Business Cycles: A Bayesian DSGE Approach 0 1 3 339 0 1 7 809
Comparing shocks and frictions in US and euro area business cycles: a Bayesian DSGE approach 0 1 2 602 1 3 11 1,152
Comparing shocks and frictions in US and euro area business cycles: a Bayesian DSGE approach 0 0 2 374 0 1 5 835
Contagious Speculative Attacks 0 0 1 453 0 0 4 1,241
Contagious speculative attacks 0 0 0 151 0 0 0 412
Differences in Interest Rate Policy at the ECB and the Fed: An Investigation with a Medium-Scale DSGE Model 0 0 0 0 1 1 4 42
Differences in Interest Rate Policy at the ECB and the Fed: An Investigation with a Medium-Scale DSGE Model 0 0 3 161 0 0 5 412
Differences in interest rate policy at the ECB and the Fed: an investigation with a medium-scale DSGE model 0 0 0 13 0 1 2 98
Effects of State-Dependent Forward Guidance, Large-Scale Asset Purchases and Fiscal Stimulus in a Low-Interest-Rate Environment 0 1 1 77 0 3 3 168
Effects of State-Dependent Forward Guidance, Large-Scale Asset Purchases and Fiscal Stimulus in a Low-Interest-Rate Environment 0 0 1 20 0 0 9 53
Effects of state-dependent forward guidance, large-scale asset purchases and fiscal stimulus in a low-interest-rate environment 0 0 1 60 0 0 5 117
Effects of state-dependent forward guidance, large-scale asset purchases and fiscal stimulus in a low-interest-rate environment 0 0 1 22 0 0 3 47
Energy shocks as Keynesian supply shocks: implications for fiscal policy 2 4 21 67 4 10 47 118
Estimation of the Euro Area Output Gap Using the NAWM 0 1 3 276 0 1 11 562
Evidence from Surveys of Price-Setting Managers: Policy Lessons and Directions for Ongoing Research 0 0 0 89 0 0 0 285
Evidence from surveys of price-setting managers: Policy lessons and directions for ongoing research 0 0 0 13 0 0 1 118
Exchange Rate Regimes and the Expectations Hypothesis of the Term Structure 0 0 0 62 0 0 1 256
Exchange rate regimes and the expectations hypothesis of the term structure 0 0 0 28 0 1 4 108
Financial Asset Prices and Monetary Policy: Theory and Evidence 0 0 0 339 0 0 3 1,140
Financial asset prices and monetary policy: theory and evidence 0 0 0 118 0 1 2 417
Firm-Specific Production Factors in a DSGE Model with Taylor Price Setting 0 0 0 33 0 1 6 232
Firm-specific production factors in a DSGE model with Taylor price setting 0 0 0 264 1 2 3 786
Firm-specific production factors in a DSGE model with Taylor price setting 0 0 0 82 0 0 2 377
Forecasting with a Bayesian DSGE Model: An Application to the Euro Area 1 1 1 377 2 2 11 737
Forecasting with a Bayesian DSGE Model: an application to the euro area 0 0 1 389 0 4 9 850
Forecasting with a Bayesian DSGE model: an application to the euro area 0 0 1 362 0 1 6 676
House Prices and the stance of Monetary Policy 0 0 8 434 3 5 26 1,146
Imperfect Information and the Business Cycle 0 0 0 119 0 1 2 294
Imperfect information and the business cycle 0 0 1 104 0 0 3 516
Inflation persistence and price-setting behaviour in the euro area: a summary of the IPN evidence 0 0 1 8 2 2 12 78
Inflation persistence and price-setting behaviour in the euro area: a summary of the Inflation Persistence Network evidence 0 0 1 152 0 0 10 559
International transmission and monetary policy cooperation 0 0 1 314 0 3 7 778
Investment and monetary policy in the euro area 0 0 1 176 1 2 7 562
Is Time Ripe for Price Level Path Stability? 0 0 3 136 1 1 4 265
Is time ripe for price level path stability? 0 0 0 176 0 0 1 409
Labour market adjustments in Europe and the US: How different? 0 1 4 103 2 3 15 328
Macroprudential policy and the role of institutional investors in housing markets 1 1 5 7 3 5 10 17
Macroprudential policy and the role of institutional investors in housing markets 0 0 0 20 1 2 4 35
Measuring monetary policy shocks in France, Germany and Italy: The role of the exchange rate 0 0 0 112 0 1 3 336
Model uncertainty and the equilibrium value of the real effective euro exchange rate 0 0 0 188 0 0 2 829
Monetary Policy under Adaptive Learning 0 0 1 161 0 1 4 404
Monetary policy with profit-driven inflation 0 0 1 1 0 0 5 5
Monetary policy with profit-driven inflation 3 7 35 68 4 14 90 125
New Evidence on Inflation Persistence and Price Stickiness in the Euro Area: Implications for Macro Modelling 0 0 0 33 0 0 3 156
New evidence on inflation persistence and price stickiness in the Euro area: Implications for macro modelling 0 0 0 379 0 0 1 785
OPTIMAL MONETARY POLICY IN AN OPEN ECONOMY 0 0 0 0 1 2 6 1,023
On Implications of Micro Price Data for Macro Models 0 0 1 89 0 1 3 242
On implications of micro price data for macro models 0 0 0 252 0 0 3 615
On the Fit and Forecasting Performance of New Keynesian Models 0 0 1 366 0 0 4 840
On the fit and forecasting performance of New Keynesian models 0 0 1 476 0 2 6 941
On the fit and forecasting performance of New-Keynesian models 1 1 2 658 1 2 10 1,350
Online Appendix to "Structural Asymmetries and Financial Imbalances in the Eurozone" 0 0 1 15 0 0 3 53
Openness, imperfect exchange rate pass-through and monetary policy 1 1 1 418 1 2 4 1,013
Openness, imperfect exchange rate pass-through and monetary policy 0 0 1 726 0 0 4 1,679
Optimal Monetary Policy under Adaptive Learning 0 0 2 260 0 1 4 455
Output and interest rate gaps: Theory versus practice 0 0 0 0 0 0 1 379
Output gap uncertainty: does it matter for the Taylor rule? 0 0 0 115 0 0 5 299
Output gaps:theory versus practice 0 0 0 1 0 0 1 583
Persistence, the Transmission Mechanism and Robust Monetary Policy 0 0 0 0 0 0 0 348
Persistence, the transmission mechanism and robust monetary policy 0 0 0 193 0 0 0 430
Pipeline Pressures and Sectoral Inflation Dynamics 1 2 15 103 5 8 47 362
Price Setting and Price Adjustment in Some European Union Countries: Introduction to the Special Issue 0 0 1 51 1 3 5 149
Price Setting and Price Adjustment in Some European Union Countries: Introduction to the Special Issue 0 0 0 55 0 0 0 167
Price setting and price adjustment in some European Union Countries: introduction to the special issue 0 0 0 0 0 0 0 13
Price setting in General Equilibrium: Alternative Specifications 0 0 0 0 1 2 2 592
Professional forecasters and the real-time forecasting performance of an estimated new keynesian model for the euro area 0 0 1 318 0 0 4 537
Real wages and monetary policy transmission in the euro area 0 0 3 284 0 0 12 583
Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach 1 1 8 1,817 6 10 33 3,176
Shocks and Frictions in US Business Cycles: a Bayesian DSGE Approach 1 2 14 1,491 4 8 41 2,869
Shocks and frictions in US business cycles: a Bayesian DSGE approach 8 17 39 2,974 19 38 90 5,172
Slow Recoveries: A Structural Interpretation 0 0 1 162 0 0 2 333
Slow Recoveries: A Structural Interpretation 0 0 0 402 0 0 0 759
Slow Recoveries: A Structural Interpretation 0 0 0 54 0 0 2 125
Slow recoveries: A structural interpretation 0 0 0 142 0 1 3 244
Slow recoveries: any role for corporate leverage? 0 0 1 160 1 2 5 243
Structural asymmetries and financial imbalances in the eurozone 0 0 0 143 2 3 3 195
System-wide Dividend Restrictions: Evidence and Theory 0 0 0 15 1 1 7 31
System-wide Dividend Restrictions: Evidence and Theory 0 0 0 0 0 0 1 1
System-wide dividend restrictions: evidence and theory 0 1 5 10 0 2 9 18
THE EFFECTIVENESS OF A NEGATIVE INTEREST RATE POLICY 0 0 1 226 1 1 4 490
The Determination of Wages of Newly Hired Employees: Survey Evidence on Internal versus External Factors 0 0 0 41 0 0 0 187
The Determination of Wages of Newly Hired Employees: Survey Evidence on Internal versus External Factors 0 0 0 9 0 1 4 223
The Effectiveness of a Negative Interest Rate Policy 0 0 5 30 1 2 20 96
The Monetary Transmission Mechanism: Evidence from the G-7 Countries 1 1 5 516 1 1 10 1,059
The New Keynesian Climate Model 3 5 5 5 6 9 9 9
The New Keynesian Climate Model 8 13 56 56 20 41 83 83
The New Keynesian Climate Model 2 4 4 4 2 6 6 6
The Term Structure of Euro-Rates: Some Evidence in Support of the Expectations Hypothesis 0 0 0 179 0 0 4 559
The determination of wages of newly hired employees: survey evidence on internal versus external factors 0 0 0 32 0 0 3 148
The determination of wages of newly hired employees: survey evidence on internal versus external factors 0 0 0 43 0 1 1 304
The first twenty years of the European Central Bank: monetary policy 0 1 1 131 0 2 3 207
The first twenty years of the European Central Bank: monetary policy 1 4 14 500 5 16 76 1,430
The industry effects of monetary policy in the euro area 0 0 1 424 2 4 18 1,174
The monetary transmission mechanism in the euro area: more evidence from VAR analysis 0 3 11 1,037 2 7 41 2,060
The monetary transmission mechanism: Evidence from the G-7 countries 0 0 2 292 0 1 9 651
The need for an inflation buffer in the ECB’s price stability objective – the role of nominal rigidities and inflation differentials 0 0 2 31 0 2 13 83
The optimal quantity of CBDC in a bank-based economy 1 4 10 50 2 12 37 90
The optimal quantity of CBDC in a bank-based economy 1 1 7 86 4 12 42 184
The optimal quantity of CBDC in a bank-based economy 0 0 11 61 1 4 34 163
The term structure of Euro-rates: some evidence in support of the expectations hypothesis 0 0 1 57 1 1 3 194
US Imbalances: The Role of Technology and Policy 0 0 0 58 0 0 0 259
US imbalances: the role of technology and policy 0 0 0 138 0 0 1 373
Uncertain Potential Output: Implications for Monetary Policy 0 0 0 0 0 0 0 478
Uncertain Potential Output: Implications for Monetary Policy 0 0 0 1 1 1 3 428
Uncertain potential output: implications for monetary policy 0 0 0 296 0 0 2 875
Understanding low inflation in the euro area from 2013 to 2019: cyclical and structural drivers 0 3 7 42 1 9 19 99
Unemployment in an Estimated New Keynesian Model 0 0 3 823 0 3 13 1,349
Unemployment in an Estimated New Keynesian Model 0 2 3 138 1 4 8 296
Unemployment in an Estimated New Keynesian Model 0 0 0 48 0 0 2 302
Unemployment in an Estimated New Keynesian Model 0 0 0 83 1 2 3 253
Unemployment in an Estimated New Keynesian Model 0 0 3 322 4 6 23 842
Unemployment in an Estimated New Keynesian model 0 0 0 43 1 1 1 152
Unemployment in an estimated new Keynesian model 0 0 1 186 0 0 2 799
Welfare analysis of non-fundamental asset price and investment shocks: Implications for monetary policy 0 0 0 1 0 0 1 342
What horizon for price stability 0 1 6 421 0 1 10 1,443
Why Does the Yield Curve Predict Economic Activity? Dissecting the Evidence for Germany and the United States 0 0 1 228 0 0 4 1,095
Why does the yield curve predict economic activity? Dissecting the evidence for Germany and the United States 0 0 2 100 0 1 6 337
Total Working Papers 42 100 430 33,961 146 353 1,412 81,074
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 Digital Euro: Monetary Policy Considerations 1 3 7 8 2 8 19 20
A monetary policy strategy in good and bad times: lessons from the recent past 0 0 0 131 0 0 3 503
Adaptive Learning, Persistence, and Optimal Monetary Policy 0 0 1 256 0 3 11 821
An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area 9 24 64 4,738 23 60 187 9,447
Bayesian New Neoclassical Synthesis (NNS) Models: Modern Tools for Central Banks 0 0 2 247 1 1 6 572
Booms and Banking Crises 0 0 3 251 2 7 32 829
Comment 0 0 0 1 0 0 0 1
Comment expliquer la faiblesse durable des taux directeurs dans la zone euro ? 0 0 0 3 0 1 4 18
Commentaire de l'article de F. Barran, V. Coudert et B. Mojon 0 0 0 7 0 2 3 46
Comments on "Mark-up fluctuations and fiscal policy stabilisation in a monetary union" 0 0 0 15 0 0 0 76
Commetary: modeling inflation after the crisis 0 0 0 8 0 0 2 53
Comparing shocks and frictions in US and euro area business cycles: a Bayesian DSGE Approach 0 0 0 7 0 0 3 23
Comparing shocks and frictions in US and euro area business cycles: a Bayesian DSGE Approach 0 1 5 1,141 0 2 12 2,196
Contagious speculative attacks 0 0 0 308 0 0 5 791
Convergence and divergence in government bond markets: implications for monetary policy 0 0 0 42 0 0 4 160
DSGE models and their use at the ECB 0 0 2 419 1 1 4 852
Determinants of the Effective Real Exchange Rate of the Synthetic Euro: Alternative Methodological Approaches 0 0 0 171 1 2 3 601
Differences in Interest Rate Policy at the ECB and the Fed: An Investigation with a Medium-Scale DSGE Model 0 0 0 216 0 0 3 587
Differences in Interest Rate Policy at the ECB and the Fed: An Investigation with a Medium‐Scale DSGE Model 0 0 1 6 1 1 3 20
Downward Wage Rigidities and Optimal Monetary Policy in a Monetary Union 0 0 0 99 0 0 1 247
Editor'S Choice Labour market adjustments and migration in Europe and the United States: how different? 0 0 0 30 2 2 4 119
Effects of State‐Dependent Forward Guidance, Large‐Scale Asset Purchases, and Fiscal Stimulus in a Low‐Interest‐Rate Environment 1 2 8 16 2 4 24 61
Energy shocks as Keynesian supply shocks: Implications for fiscal policy 2 6 8 8 4 14 18 18
Financial Stability and Monetary Policy: How Closely Interlinked? 3 5 17 498 10 19 63 1,345
Firm-Specific Production Factors in a DSGE Model with Taylor Price Setting 0 0 0 141 1 1 12 396
Forecasting with a Bayesian DSGE Model: An Application to the Euro Area 0 0 0 188 1 1 4 460
House prices and the stance of monetary policy 0 1 11 444 4 11 38 1,134
Housing is the business cycle: commentary 0 0 1 72 0 0 4 179
Imperfect information and the business cycle 0 0 0 25 0 1 1 93
Investment and monetary policy in the euro area 0 0 0 102 0 1 6 423
MCIs and monetary policy 1 1 2 299 2 2 6 556
MONETARY POLICY OVER TIME 0 0 0 116 0 0 0 271
Maintaining price stability: how long is the medium term? 0 0 1 233 0 0 2 704
Measuring Monetary Policy Shocks in France, Germany and Italy: The Role of The Exchange Rate 0 0 0 66 1 1 3 157
Monetary Policy in Uncertain Times: ECB Monetary Policy Since June 2014 0 0 3 66 0 0 8 128
Monetary Policy, Price Stability and Output Gap Stabilization 0 0 2 186 0 2 5 646
Monetary and Fiscal Policy Interactions and the Labor Market 0 0 1 25 0 0 1 48
Monetary policy and imperfect knowledge 0 0 0 8 0 1 1 62
Monetary policy in an estimated stochastic dynamic general equilibrium model of the Euro area 0 0 0 598 0 0 3 1,632
New Evidence on Inflation Persistence and Price Stickiness in the Euro Area: Implications for Macro Modeling 0 0 0 172 0 0 1 554
On implications of micro price data for macro models 0 0 0 111 0 0 6 336
On the Fit of New Keynesian Models 0 0 3 464 0 1 10 856
Openness, imperfect exchange rate pass-through and monetary policy 3 3 4 451 3 5 9 916
Output gap uncertainty: Does it matter for the Taylor rule? 0 0 0 265 0 1 7 723
Output gaps and monetary policy in the EMU area1 0 0 1 280 0 1 8 564
Persistence, The Transmission Mechanism And Robust Monetary Policy 1 1 1 85 1 1 2 290
Price Level Stability: Some Issues 0 0 0 9 0 0 0 30
Price Level Stability: Some Issues 0 0 0 1 0 0 0 2
Price Setting and Price Adjustment in Some European Union Countries 0 0 0 1 0 0 0 8
Price Shocks in General Equilibrium: Alternative Specifications 0 0 0 110 1 1 3 278
Price setting and price adjustment in some European Union Countries: introduction to the special issue 0 0 0 53 0 0 0 179
Professional forecasters and real-time forecasting with a DSGE model 0 0 13 104 2 2 23 260
Rejoinder 0 0 0 80 0 0 1 174
Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach 6 12 74 5,139 15 38 216 10,355
Slow Recoveries: A Structural Interpretation 0 0 0 198 0 0 4 593
Slow Recoveries: A Structural Interpretation 0 0 0 9 0 0 2 26
Slow recoveries: Any role for corporate leverage? 0 0 0 37 0 0 2 127
Some Macroeconomic and Monetary Policy Implications of New Micro Evidence on Wage Dynamics 0 0 0 141 0 1 2 320
Staggered Pricing Models Face the Facts 0 0 0 86 0 1 3 268
Structural Asymmetries and Financial Imbalances in the Eurozone 0 1 1 54 1 3 6 239
The European Central Bank’s Monetary Policy during Its First 20 Years 0 0 2 54 3 5 11 235
The Industry Effects of Monetary Policy in the Euro Area 0 0 0 392 1 3 10 1,229
The Optimal Quantity of CBDC in a Bank-Based Economy 0 4 18 18 1 11 47 47
The Taylor Rule: A Useful Monetary Policy Benchmark for the Euro Area? 1 1 3 378 1 3 8 818
The determination of wages of newly hired employees: Survey evidence on internal versus external factors 0 0 0 38 0 9 13 220
The effectiveness of a negative interest rate policy 0 2 5 22 2 5 21 55
The term structure of Euro-rates: some evidence in support of the expectations hypothesis 0 0 2 138 0 0 6 349
Transparency, Communication and Commitment 0 0 0 137 0 0 0 355
US imbalances: The role of technology and policy 0 0 0 95 1 1 1 265
Uncertain potential output: implications for monetary policy 0 1 2 153 0 1 6 396
Uncertainty and the Taylor rule in a simple model of the Euro-area economy 0 0 0 2 1 2 6 646
Uncertainty, Risk-taking, and the Business Cycle in Germany 0 1 7 233 1 3 12 582
Unemployment in an Estimated New Keynesian Model 2 2 13 442 4 7 38 1,098
Wage dynamics in Europe: some new findings 0 0 0 8 0 0 1 48
Total Journal Articles 30 71 288 21,155 96 253 993 49,736


Book File Downloads Abstract Views
Last month 3 months 12 months Total Last month 3 months 12 months Total
CNB Economic Research Bulletin: Wage Adjustment in Europe 0 0 0 19 0 0 0 136
Commodities, Energy and Finance 0 0 0 74 1 2 4 476
Total Books 0 0 0 93 1 2 4 612


Chapter File Downloads Abstract Views
Last month 3 months 12 months Total Last month 3 months 12 months Total
Challenges for Central Banks’ Macro Models 1 1 6 50 4 5 15 191
Comment on "Reflections on Monetary Policy in the Open Economy" 0 0 0 15 0 0 1 59
Financial-asset Prices and Monetary Policy: Theory and Evidence 0 0 0 134 1 2 4 368
Inflation Expectations, Adaptive Learning and Optimal Monetary Policy 0 0 4 221 0 1 10 595
International Transmission and Monetary Policy Cooperation 0 0 0 128 0 2 5 449
Negative Interest Rates: Lessons from the Euro Area 2 5 22 596 6 13 59 1,471
Unemployment in an Estimated New Keynesian Model 0 0 1 515 0 1 5 1,026
Welfare analysis of non-fundamental asset price and investment shocks: implications for monetary policy 0 0 0 85 0 0 1 223
Total Chapters 3 6 33 1,744 11 24 100 4,382
1 registered items for which data could not be found


Software Item File Downloads Abstract Views
Last month 3 months 12 months Total Last month 3 months 12 months Total
Code and data files for "Structural Asymmetries and Financial Imbalances in the Eurozone" 0 3 12 78 0 6 23 159
Total Software Items 0 3 12 78 0 6 23 159


Statistics updated 2025-06-06