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 0 581 1 3 6 1,501
A quantitative perspective on optimal monetary policy cooperation between the US and the euro area 0 0 2 268 2 7 13 570
Adaptive learning, persistence, and optimal monetary policy 0 0 1 204 0 1 4 447
An estimated dynamic stochastic general equilibrium model of the euro area 0 1 13 2,896 1 12 33 4,933
An estimated stochastic dynamic general equilibrium model of the euro area 0 3 6 1,342 4 10 24 2,870
Are the effects of monetary policy in the euro area greater in recessions than in booms? 0 0 1 556 3 7 33 1,345
Asset Price Booms and Monetary Policy 0 0 0 19 1 6 8 151
Asset price booms and monetary policy 0 0 2 539 3 8 13 1,403
Banking Supervision, Monetary Policy and Risk-Taking: Big Data Evidence from 15 Credit Registers 0 0 0 14 2 6 7 61
Banking Supervision, Monetary Policy and Risk-Taking: Big Data Evidence from 15 Credit Registers 0 0 1 70 1 6 16 153
Banking Supervision, Monetary Policy and Risk-Taking: Big Data Evidence from 15 Credit Registers 0 0 0 16 4 7 12 115
Banking supervision, monetary policy and risk-taking: Big data evidence from 15 credit registers 0 0 0 53 0 2 5 116
Banking supervision, monetary policy and risk-taking: big data evidence from 15 credit registers 0 0 2 95 2 9 19 170
Booms and banking crises 0 0 0 210 2 3 7 455
Booms and systemic banking crises 0 0 1 291 1 2 3 750
Challenges for Central Banks' Macro Models 0 1 3 259 0 3 12 568
Challenges for Central Banks´ Macro Models 0 0 4 613 2 3 20 1,003
Comparing Shocks and Frictions in US and Euro Area Business Cycles: A Bayesian DSGE Approach 0 0 1 339 0 1 5 811
Comparing shocks and frictions in US and euro area business cycles: a Bayesian DSGE approach 0 0 1 374 1 1 6 838
Comparing shocks and frictions in US and euro area business cycles: a Bayesian DSGE approach 0 0 1 602 3 4 14 1,161
Contagious Speculative Attacks 0 0 0 453 1 2 5 1,244
Contagious speculative attacks 0 0 0 151 2 5 6 418
Differences in Interest Rate Policy at the ECB and the Fed: An Investigation with a Medium-Scale DSGE Model 0 0 2 161 2 5 8 417
Differences in Interest Rate Policy at the ECB and the Fed: An Investigation with a Medium-Scale DSGE Model 0 0 0 0 0 1 6 44
Differences in interest rate policy at the ECB and the Fed: an investigation with a medium-scale DSGE model 0 0 0 13 2 4 8 105
Effects of State-Dependent Forward Guidance, Large-Scale Asset Purchases and Fiscal Stimulus in a Low-Interest-Rate Environment 0 1 1 21 1 6 10 61
Effects of State-Dependent Forward Guidance, Large-Scale Asset Purchases and Fiscal Stimulus in a Low-Interest-Rate Environment 0 0 1 77 2 3 7 172
Effects of state-dependent forward guidance, large-scale asset purchases and fiscal stimulus in a low-interest-rate environment 0 0 0 22 2 5 10 57
Effects of state-dependent forward guidance, large-scale asset purchases and fiscal stimulus in a low-interest-rate environment 0 0 0 60 5 7 12 127
Energy shocks as Keynesian supply shocks: implications for fiscal policy 0 0 9 69 2 6 27 129
Estimation of the Euro Area Output Gap Using the NAWM 0 0 2 276 0 1 7 565
Evidence from Surveys of Price-Setting Managers: Policy Lessons and Directions for Ongoing Research 0 0 0 89 0 1 2 287
Evidence from surveys of price-setting managers: Policy lessons and directions for ongoing research 0 0 0 13 1 3 4 121
Exchange Rate Regimes and the Expectations Hypothesis of the Term Structure 0 0 0 62 0 1 2 258
Exchange rate regimes and the expectations hypothesis of the term structure 0 0 0 28 3 5 9 115
Financial Asset Prices and Monetary Policy: Theory and Evidence 0 0 1 340 3 7 9 1,148
Financial asset prices and monetary policy: theory and evidence 0 0 0 118 3 9 13 429
Firm-Specific Production Factors in a DSGE Model with Taylor Price Setting 0 0 1 34 2 5 8 239
Firm-specific production factors in a DSGE model with Taylor price setting 0 0 0 82 1 3 3 380
Firm-specific production factors in a DSGE model with Taylor price setting 0 0 0 264 1 3 8 791
Forecasting with a Bayesian DSGE Model: An Application to the Euro Area 1 1 2 378 4 5 10 742
Forecasting with a Bayesian DSGE Model: an application to the euro area 0 0 0 389 0 5 14 857
Forecasting with a Bayesian DSGE model: an application to the euro area 0 0 0 362 0 3 6 679
House Prices and the stance of Monetary Policy 1 3 6 437 2 11 27 1,161
Imperfect Information and the Business Cycle 0 0 0 119 2 2 4 296
Imperfect information and the business cycle 0 0 0 104 1 11 12 528
Inflation persistence and price-setting behaviour in the euro area: a summary of the IPN evidence 0 0 0 8 2 4 10 82
Inflation persistence and price-setting behaviour in the euro area: a summary of the Inflation Persistence Network evidence 0 1 1 153 3 16 19 576
International transmission and monetary policy cooperation 0 0 0 314 1 4 11 784
Investment and monetary policy in the euro area 0 0 0 176 2 9 14 572
Is Time Ripe for Price Level Path Stability? 0 0 3 136 1 5 9 270
Is time ripe for price level path stability? 0 1 1 177 2 5 6 414
Labour market adjustments in Europe and the US: How different? 0 0 2 104 2 4 16 340
Macroprudential policy and the role of institutional investors in housing markets 0 0 2 8 1 4 10 22
Macroprudential policy and the role of institutional investors in housing markets 0 0 0 20 0 4 8 40
Market whiplash after the 2025 tariff shock: an event-targeted VAR approach 1 7 9 9 4 23 30 30
Measuring monetary policy shocks in France, Germany and Italy: The role of the exchange rate 0 0 0 112 2 3 6 340
Model uncertainty and the equilibrium value of the real effective euro exchange rate 0 0 0 188 2 2 5 832
Monetary Policy under Adaptive Learning 0 0 1 162 2 3 5 408
Monetary policy with profit-driven inflation 0 0 0 1 1 3 3 8
Monetary policy with profit-driven inflation 0 2 22 79 5 8 54 150
New Evidence on Inflation Persistence and Price Stickiness in the Euro Area: Implications for Macro Modelling 0 0 0 33 5 8 11 165
New evidence on inflation persistence and price stickiness in the Euro area: Implications for macro modelling 0 0 0 379 1 7 9 794
OPTIMAL MONETARY POLICY IN AN OPEN ECONOMY 0 0 0 0 3 5 11 1,032
On Implications of Micro Price Data for Macro Models 0 0 0 89 0 3 5 245
On implications of micro price data for macro models 0 0 0 252 2 5 8 623
On the Fit and Forecasting Performance of New Keynesian Models 0 0 0 366 0 4 6 846
On the fit and forecasting performance of New Keynesian models 0 0 0 476 4 6 14 951
On the fit and forecasting performance of New-Keynesian models 0 0 1 658 4 5 10 1,358
Online Appendix to "Structural Asymmetries and Financial Imbalances in the Eurozone" 0 0 0 15 1 3 6 58
Openness, imperfect exchange rate pass-through and monetary policy 0 0 2 727 2 5 9 1,686
Openness, imperfect exchange rate pass-through and monetary policy 0 1 2 419 0 3 9 1,018
Optimal Monetary Policy under Adaptive Learning 0 0 0 260 1 1 3 456
Output and interest rate gaps: Theory versus practice 0 0 0 0 1 3 4 382
Output gap uncertainty: does it matter for the Taylor rule? 0 0 0 115 3 7 13 309
Output gaps:theory versus practice 0 0 0 1 2 3 3 586
Parsing the pulse: decomposing macroeconomic sentiment with LLMs 2 34 34 34 8 51 51 51
Persistence, the Transmission Mechanism and Robust Monetary Policy 0 0 0 0 2 3 5 353
Persistence, the transmission mechanism and robust monetary policy 0 0 0 193 0 0 1 431
Pipeline Pressures and Sectoral Inflation Dynamics 0 2 7 105 3 7 32 378
Price Setting and Price Adjustment in Some European Union Countries: Introduction to the Special Issue 0 0 0 55 0 1 1 168
Price Setting and Price Adjustment in Some European Union Countries: Introduction to the Special Issue 0 0 0 51 1 4 7 153
Price setting and price adjustment in some European Union Countries: introduction to the special issue 0 0 0 0 3 5 5 18
Price setting in General Equilibrium: Alternative Specifications 0 0 0 0 4 5 8 598
Professional forecasters and the real-time forecasting performance of an estimated new keynesian model for the euro area 0 0 0 318 1 2 2 539
Real wages and monetary policy transmission in the euro area 0 0 1 284 1 2 6 586
Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach 4 4 7 1,821 9 12 31 3,192
Shocks and Frictions in US Business Cycles: a Bayesian DSGE Approach 1 1 6 1,493 25 34 54 2,911
Shocks and frictions in US business cycles: a Bayesian DSGE approach 2 7 35 2,987 13 36 124 5,240
Slow Recoveries: A Structural Interpretation 0 0 0 402 0 1 3 762
Slow Recoveries: A Structural Interpretation 0 0 0 54 3 6 6 131
Slow Recoveries: A Structural Interpretation 0 0 0 162 3 8 8 341
Slow recoveries: A structural interpretation 0 0 0 142 0 2 5 247
Slow recoveries: any role for corporate leverage? 0 0 0 160 1 2 6 246
Structural asymmetries and financial imbalances in the eurozone 0 0 0 143 2 4 7 199
System-wide Dividend Restrictions: Evidence and Theory 0 0 0 15 1 2 8 35
System-wide Dividend Restrictions: Evidence and Theory 0 0 0 0 0 3 4 4
System-wide dividend restrictions: evidence and theory 0 1 3 12 4 10 16 31
THE EFFECTIVENESS OF A NEGATIVE INTEREST RATE POLICY 0 0 0 226 2 4 6 495
The Determination of Wages of Newly Hired Employees: Survey Evidence on Internal versus External Factors 0 0 0 41 1 2 2 189
The Determination of Wages of Newly Hired Employees: Survey Evidence on Internal versus External Factors 0 0 0 9 1 3 7 226
The Effectiveness of a Negative Interest Rate Policy 0 1 2 32 1 6 14 106
The Monetary Transmission Mechanism: Evidence from the G-7 Countries 0 0 1 516 2 5 8 1,066
The New Keynesian Climate Model 0 3 12 12 5 17 42 42
The New Keynesian Climate Model 0 5 67 67 12 26 143 143
The New Keynesian Climate Model 0 0 7 7 0 5 17 17
The Term Structure of Euro-Rates: Some Evidence in Support of the Expectations Hypothesis 0 0 0 179 3 4 8 565
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 21 26 27 330
The first twenty years of the European Central Bank: monetary policy 0 1 2 132 3 5 8 212
The first twenty years of the European Central Bank: monetary policy 0 0 8 502 7 22 61 1,462
The industry effects of monetary policy in the euro area 0 0 1 425 1 3 15 1,179
The monetary transmission mechanism in the euro area: more evidence from VAR analysis 3 5 10 1,042 8 17 39 2,082
The monetary transmission mechanism: Evidence from the G-7 countries 0 0 0 292 2 2 6 656
The need for an inflation buffer in the ECB’s price stability objective – the role of nominal rigidities and inflation differentials 0 1 1 32 1 6 14 93
The optimal quantity of CBDC in a bank-based economy 0 1 2 63 2 8 21 177
The optimal quantity of CBDC in a bank-based economy 0 0 4 50 6 10 28 105
The optimal quantity of CBDC in a bank-based economy 0 4 10 93 4 16 49 213
The positive neutral countercyclical capital buffer 0 2 11 11 9 19 35 35
The term structure of Euro-rates: some evidence in support of the expectations hypothesis 0 0 0 57 2 4 6 199
US Imbalances: The Role of Technology and Policy 0 0 0 58 0 3 4 263
US imbalances: the role of technology and policy 0 0 0 138 3 8 8 381
Uncertain Potential Output: Implications for Monetary Policy 0 0 0 1 0 2 5 430
Uncertain Potential Output: Implications for Monetary Policy 0 0 0 0 1 1 2 480
Uncertain potential output: implications for monetary policy 0 0 0 296 0 3 4 878
Understanding low inflation in the euro area from 2013 to 2019: cyclical and structural drivers 0 0 4 42 2 2 14 101
Unemployment in an Estimated New Keynesian Model 1 1 1 323 3 5 13 847
Unemployment in an Estimated New Keynesian Model 0 0 0 48 0 4 5 306
Unemployment in an Estimated New Keynesian Model 0 0 2 138 5 9 16 306
Unemployment in an Estimated New Keynesian Model 0 0 0 83 1 8 11 261
Unemployment in an Estimated New Keynesian Model 0 0 2 823 6 12 21 1,365
Unemployment in an Estimated New Keynesian model 0 0 0 43 0 6 9 160
Unemployment in an estimated new Keynesian model 0 0 0 186 4 6 6 805
Welfare analysis of non-fundamental asset price and investment shocks: Implications for monetary policy 0 0 0 1 1 1 2 344
What horizon for price stability 0 0 1 421 0 4 8 1,448
Why Does the Yield Curve Predict Economic Activity? Dissecting the Evidence for Germany and the United States 0 1 1 229 3 4 4 1,099
Why does the yield curve predict economic activity? Dissecting the evidence for Germany and the United States 0 0 1 100 3 3 7 342
Total Working Papers 16 96 353 34,124 343 876 1,912 82,338
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 2 2 9 13 3 6 19 29
A monetary policy strategy in good and bad times: lessons from the recent past 0 0 0 131 0 2 6 508
Adaptive Learning, Persistence, and Optimal Monetary Policy 0 0 0 256 2 8 20 836
An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area 2 9 48 4,760 23 49 169 9,538
Bayesian New Neoclassical Synthesis (NNS) Models: Modern Tools for Central Banks 0 0 0 247 2 2 6 576
Booms and Banking Crises 0 0 1 251 1 7 20 840
Comment 0 0 0 1 1 4 4 5
Comment expliquer la faiblesse durable des taux directeurs dans la zone euro ? 0 0 0 3 0 0 2 18
Commentaire de l'article de F. Barran, V. Coudert et B. Mojon 0 0 0 7 0 2 4 48
Comments on "Mark-up fluctuations and fiscal policy stabilisation in a monetary union" 0 0 0 15 1 1 1 77
Commetary: modeling inflation after the crisis 0 0 0 8 0 1 1 54
Comparing shocks and frictions in US and euro area business cycles: a Bayesian DSGE Approach 0 0 0 7 1 6 8 30
Comparing shocks and frictions in US and euro area business cycles: a Bayesian DSGE Approach 0 0 1 1,141 6 10 19 2,209
Contagious speculative attacks 0 0 0 308 2 3 5 796
Convergence and divergence in government bond markets: implications for monetary policy 0 0 0 42 0 1 5 163
DSGE models and their use at the ECB 0 0 1 420 6 8 13 864
Determinants of the Effective Real Exchange Rate of the Synthetic Euro: Alternative Methodological Approaches 0 0 0 171 0 1 3 602
Differences in Interest Rate Policy at the ECB and the Fed: An Investigation with a Medium-Scale DSGE Model 0 0 0 216 0 3 4 590
Differences in Interest Rate Policy at the ECB and the Fed: An Investigation with a Medium‐Scale DSGE Model 0 1 1 7 2 3 4 23
Downward Wage Rigidities and Optimal Monetary Policy in a Monetary Union 0 0 1 100 0 3 4 251
Editor'S Choice Labour market adjustments and migration in Europe and the United States: how different? 0 0 0 30 2 3 5 122
Effects of State‐Dependent Forward Guidance, Large‐Scale Asset Purchases, and Fiscal Stimulus in a Low‐Interest‐Rate Environment 0 1 3 17 1 5 17 70
Energy shocks as Keynesian supply shocks: Implications for fiscal policy 0 0 10 10 1 4 25 26
Financial Stability and Monetary Policy: How Closely Interlinked? 1 2 15 504 7 16 60 1,378
Firm-Specific Production Factors in a DSGE Model with Taylor Price Setting 1 1 1 142 1 2 5 400
Forecasting with a Bayesian DSGE Model: An Application to the Euro Area 0 0 0 188 3 7 9 467
House prices and the stance of monetary policy 0 2 5 446 4 17 38 1,154
Housing is the business cycle: commentary 0 0 0 72 0 0 1 179
Imperfect information and the business cycle 0 0 0 25 2 3 9 101
Investment and monetary policy in the euro area 0 0 1 103 0 2 6 428
MCIs and monetary policy 0 0 1 299 2 3 7 560
MONETARY POLICY OVER TIME 0 0 0 116 0 2 2 273
Maintaining price stability: how long is the medium term? 0 1 1 234 2 5 5 709
Measuring Monetary Policy Shocks in France, Germany and Italy: The Role of The Exchange Rate 0 0 0 66 1 2 4 159
Monetary Policy in Uncertain Times: ECB Monetary Policy Since June 2014 0 0 2 67 1 3 7 133
Monetary Policy, Price Stability and Output Gap Stabilization 2 2 2 188 2 3 7 650
Monetary and Fiscal Policy Interactions and the Labor Market 0 0 0 25 0 0 1 49
Monetary policy and imperfect knowledge 0 0 0 8 0 2 5 66
New Evidence on Inflation Persistence and Price Stickiness in the Euro Area: Implications for Macro Modeling 0 0 0 172 2 4 5 559
On implications of micro price data for macro models 0 0 0 111 2 7 10 345
On the Fit of New Keynesian Models 0 0 0 464 1 9 12 865
Openness, imperfect exchange rate pass-through and monetary policy 0 1 4 452 0 5 14 924
Output gap uncertainty: Does it matter for the Taylor rule? 0 0 0 265 3 7 10 731
Output gaps and monetary policy in the EMU area1 1 1 1 281 2 3 7 569
Persistence, The Transmission Mechanism And Robust Monetary Policy 0 0 1 85 2 5 8 297
Price Level Stability: Some Issues 0 0 0 9 1 1 2 32
Price Level Stability: Some Issues 0 0 0 1 1 2 2 4
Price Setting and Price Adjustment in Some European Union Countries 0 0 0 1 0 1 1 9
Price Shocks in General Equilibrium: Alternative Specifications 0 0 0 110 0 1 3 280
Price setting and price adjustment in some European Union Countries: introduction to the special issue 0 0 0 53 1 1 1 180
Professional forecasters and real-time forecasting with a DSGE model 1 1 1 105 2 4 10 265
Rejoinder 0 0 0 80 10 13 14 187
Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach 6 9 44 5,160 28 50 174 10,456
Slow Recoveries: A Structural Interpretation 0 0 0 9 1 1 1 27
Slow Recoveries: A Structural Interpretation 1 1 1 199 3 3 4 596
Slow recoveries: Any role for corporate leverage? 0 0 1 38 1 1 4 130
Some Macroeconomic and Monetary Policy Implications of New Micro Evidence on Wage Dynamics 0 0 0 141 2 3 7 326
Staggered Pricing Models Face the Facts 0 0 0 86 0 0 2 268
Structural Asymmetries and Financial Imbalances in the Eurozone 0 0 1 54 1 3 8 243
The European Central Bank’s Monetary Policy during Its First 20 Years 0 2 2 56 1 3 10 239
The Industry Effects of Monetary Policy in the Euro Area 0 0 0 392 5 11 25 1,246
The Optimal Quantity of CBDC in a Bank-Based Economy 0 2 13 24 4 13 71 97
The Taylor Rule: A Useful Monetary Policy Benchmark for the Euro Area? 0 0 2 379 3 3 8 823
The determination of wages of newly hired employees: Survey evidence on internal versus external factors 0 0 0 38 3 3 14 223
The effectiveness of a negative interest rate policy 0 1 4 24 4 10 25 71
The term structure of Euro-rates: some evidence in support of the expectations hypothesis 0 0 2 138 0 1 6 351
Transparency, Communication and Commitment 0 0 0 137 2 4 4 359
US imbalances: The role of technology and policy 0 0 0 95 0 1 2 266
Uncertain potential output: implications for monetary policy 0 0 1 153 3 6 11 404
Uncertainty, Risk-taking, and the Business Cycle in Germany 0 1 4 234 1 5 11 588
Unemployment in an Estimated New Keynesian Model 1 1 5 445 10 12 29 1,116
Wage dynamics in Europe: some new findings 0 0 0 8 0 1 2 49
Total Journal Articles 18 41 190 20,643 178 396 1,047 48,106
2 registered items for which data could not be found


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 5 7 9 145
Commodities, Energy and Finance 0 0 0 74 0 1 4 477
Total Books 0 0 0 93 5 8 13 622


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 0 0 6 55 1 9 27 211
Comment on "Reflections on Monetary Policy in the Open Economy" 0 0 0 15 5 6 8 66
Financial-asset Prices and Monetary Policy: Theory and Evidence 0 0 0 134 1 4 7 372
Inflation Expectations, Adaptive Learning and Optimal Monetary Policy 0 0 4 224 1 4 13 603
International Transmission and Monetary Policy Cooperation 0 1 1 129 4 11 18 464
Negative Interest Rates: Lessons from the Euro Area 1 3 17 604 4 9 48 1,497
Unemployment in an Estimated New Keynesian Model 1 1 1 516 7 9 19 1,044
Welfare analysis of non-fundamental asset price and investment shocks: implications for monetary policy 0 0 0 85 1 8 10 233
Total Chapters 2 5 29 1,762 24 60 150 4,490
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" 1 2 9 81 3 9 24 172
Total Software Items 1 2 9 81 3 9 24 172


Statistics updated 2026-01-09