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 4 7 23 1,519
A quantitative perspective on optimal monetary policy cooperation between the US and the euro area 0 0 0 268 0 1 13 575
Adaptive learning, persistence, and optimal monetary policy 0 0 1 204 0 1 8 451
An estimated dynamic stochastic general equilibrium model of the euro area 0 0 6 2,898 5 20 48 4,964
An estimated stochastic dynamic general equilibrium model of the euro area 1 1 5 1,344 2 8 33 2,889
Are the effects of monetary policy in the euro area greater in recessions than in booms? 0 0 0 556 0 5 32 1,358
Asset Price Booms and Monetary Policy 0 0 0 19 0 1 13 157
Asset price booms and monetary policy 0 1 2 541 2 5 20 1,414
Banking Supervision, Monetary Policy and Risk-Taking: Big Data Evidence from 15 Credit Registers 0 0 1 70 1 11 36 178
Banking Supervision, Monetary Policy and Risk-Taking: Big Data Evidence from 15 Credit Registers 0 0 0 14 0 3 15 69
Banking Supervision, Monetary Policy and Risk-Taking: Big Data Evidence from 15 Credit Registers 0 0 0 16 1 5 22 127
Banking supervision, monetary policy and risk-taking: Big data evidence from 15 credit registers 0 0 0 53 1 3 10 123
Banking supervision, monetary policy and risk-taking: big data evidence from 15 credit registers 0 0 1 95 2 8 34 188
Booms and banking crises 0 0 0 210 1 6 21 472
Booms and systemic banking crises 0 0 0 291 1 12 23 771
Challenges for Central Banks' Macro Models 0 1 3 260 1 4 17 579
Challenges for Central Banks´ Macro Models 0 1 5 615 6 15 62 1,054
Comparing Shocks and Frictions in US and Euro Area Business Cycles: A Bayesian DSGE Approach 0 0 0 339 0 5 9 818
Comparing shocks and frictions in US and euro area business cycles: a Bayesian DSGE approach 0 1 1 603 1 11 22 1,174
Comparing shocks and frictions in US and euro area business cycles: a Bayesian DSGE approach 0 1 1 375 1 2 7 842
Contagious Speculative Attacks 0 0 0 453 0 1 13 1,254
Contagious speculative attacks 0 0 0 151 2 7 18 430
Differences in Interest Rate Policy at the ECB and the Fed: An Investigation with a Medium-Scale DSGE Model 0 0 0 0 0 2 4 46
Differences in Interest Rate Policy at the ECB and the Fed: An Investigation with a Medium-Scale DSGE Model 0 0 0 161 0 2 18 430
Differences in interest rate policy at the ECB and the Fed: an investigation with a medium-scale DSGE model 0 0 0 13 3 4 14 112
Effects of State-Dependent Forward Guidance, Large-Scale Asset Purchases and Fiscal Stimulus in a Low-Interest-Rate Environment 0 0 1 21 19 22 34 87
Effects of State-Dependent Forward Guidance, Large-Scale Asset Purchases and Fiscal Stimulus in a Low-Interest-Rate Environment 0 0 0 77 2 6 15 183
Effects of state-dependent forward guidance, large-scale asset purchases and fiscal stimulus in a low-interest-rate environment 0 0 0 60 1 3 14 131
Effects of state-dependent forward guidance, large-scale asset purchases and fiscal stimulus in a low-interest-rate environment 0 0 0 22 1 4 23 70
Energy shocks as Keynesian supply shocks: implications for fiscal policy 0 0 4 71 2 20 45 163
Estimation of the Euro Area Output Gap Using the NAWM 0 0 0 276 1 3 11 573
Evidence from Surveys of Price-Setting Managers: Policy Lessons and Directions for Ongoing Research 0 0 0 89 0 2 5 290
Evidence from surveys of price-setting managers: Policy lessons and directions for ongoing research 0 0 0 13 0 0 8 126
Exchange Rate Regimes and the Expectations Hypothesis of the Term Structure 0 0 0 62 0 1 5 261
Exchange rate regimes and the expectations hypothesis of the term structure 0 0 0 28 2 8 33 141
Financial Asset Prices and Monetary Policy: Theory and Evidence 0 0 1 340 1 1 14 1,154
Financial asset prices and monetary policy: theory and evidence 0 0 0 118 1 3 20 437
Firm-Specific Production Factors in a DSGE Model with Taylor Price Setting 0 0 1 34 1 1 15 247
Firm-specific production factors in a DSGE model with Taylor price setting 0 0 0 264 0 5 12 798
Firm-specific production factors in a DSGE model with Taylor price setting 0 0 0 82 0 2 6 383
Forecasting with a Bayesian DSGE Model: An Application to the Euro Area 0 0 1 378 0 3 13 750
Forecasting with a Bayesian DSGE Model: an application to the euro area 0 0 0 389 2 5 18 868
Forecasting with a Bayesian DSGE model: an application to the euro area 0 0 0 362 0 11 21 697
House Prices and the stance of Monetary Policy 0 0 4 438 5 11 35 1,181
Imperfect Information and the Business Cycle 0 0 0 119 2 6 18 312
Imperfect information and the business cycle 0 0 0 104 0 3 19 535
Inflation and monetary policy in medium-sized New Keynesian DSGE models 0 1 46 46 0 15 91 91
Inflation persistence and price-setting behaviour in the euro area: a summary of the IPN evidence 0 1 1 9 1 5 19 97
Inflation persistence and price-setting behaviour in the euro area: a summary of the Inflation Persistence Network evidence 0 0 1 153 2 11 65 624
International transmission and monetary policy cooperation 0 1 1 315 2 8 17 795
Investment and monetary policy in the euro area 0 0 0 176 0 2 17 579
Is Time Ripe for Price Level Path Stability? 0 0 0 136 0 4 9 274
Is time ripe for price level path stability? 0 0 1 177 0 1 10 419
Labour market adjustments in Europe and the US: How different? 0 0 1 104 1 3 19 347
Macroprudential policy and the role of institutional investors in housing markets 0 0 1 8 0 1 10 27
Macroprudential policy and the role of institutional investors in housing markets 1 1 1 21 1 7 17 52
Market whiplash after the 2025 tariff shock: an event-targeted VAR approach 1 3 16 16 4 13 53 53
Measuring monetary policy shocks in France, Germany and Italy: The role of the exchange rate 0 0 0 112 1 3 13 349
Model uncertainty and the equilibrium value of the real effective euro exchange rate 0 0 0 188 1 2 6 835
Monetary Policy under Adaptive Learning 0 0 1 162 3 7 14 418
Monetary policy with profit-driven inflation 0 1 12 80 1 4 38 163
Monetary policy with profit-driven inflation 0 0 0 1 1 4 11 16
New Evidence on Inflation Persistence and Price Stickiness in the Euro Area: Implications for Macro Modelling 0 0 0 33 0 0 27 183
New evidence on inflation persistence and price stickiness in the Euro area: Implications for macro modelling 0 0 0 379 2 15 64 849
OPTIMAL MONETARY POLICY IN AN OPEN ECONOMY 0 0 0 0 2 5 17 1,040
On Implications of Micro Price Data for Macro Models 0 0 0 89 0 1 10 252
On implications of micro price data for macro models 0 0 0 252 0 2 30 645
On the Fit and Forecasting Performance of New Keynesian Models 0 0 0 366 0 9 22 862
On the fit and forecasting performance of New Keynesian models 0 0 0 476 0 5 22 963
On the fit and forecasting performance of New-Keynesian models 0 0 0 658 1 7 17 1,367
Online Appendix to "Structural Asymmetries and Financial Imbalances in the Eurozone" 0 0 0 15 0 1 14 67
Openness, imperfect exchange rate pass-through and monetary policy 0 0 1 727 1 3 21 1,700
Openness, imperfect exchange rate pass-through and monetary policy 0 0 1 419 2 5 14 1,027
Optimal Monetary Policy under Adaptive Learning 0 0 0 260 0 1 10 465
Output and interest rate gaps: Theory versus practice 0 0 0 0 0 3 12 391
Output gap uncertainty: does it matter for the Taylor rule? 0 0 1 116 3 4 23 322
Output gaps:theory versus practice 0 0 0 1 0 0 13 596
Parsing the pulse: decomposing macroeconomic sentiment with LLMs 0 3 45 45 15 44 145 145
Persistence, the Transmission Mechanism and Robust Monetary Policy 0 0 0 0 1 2 16 364
Persistence, the transmission mechanism and robust monetary policy 0 0 0 193 1 3 8 438
Pipeline Pressures and Sectoral Inflation Dynamics 0 0 3 106 4 11 40 402
Price Setting and Price Adjustment in Some European Union Countries: Introduction to the Special Issue 0 0 0 55 1 4 10 177
Price Setting and Price Adjustment in Some European Union Countries: Introduction to the Special Issue 0 0 0 51 1 1 10 159
Price setting and price adjustment in some European Union Countries: introduction to the special issue 0 0 0 0 0 2 12 25
Price setting in General Equilibrium: Alternative Specifications 0 0 0 0 0 1 11 603
Professional forecasters and the real-time forecasting performance of an estimated new keynesian model for the euro area 0 1 1 319 0 6 12 549
Real wages and monetary policy transmission in the euro area 0 1 1 285 1 5 12 595
Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach 0 0 5 1,822 1 13 36 3,212
Shocks and Frictions in US Business Cycles: a Bayesian DSGE Approach 0 0 3 1,494 1 12 66 2,935
Shocks and frictions in US business cycles: a Bayesian DSGE approach 1 2 18 2,992 6 18 104 5,276
Slow Recoveries: A Structural Interpretation 0 0 0 162 0 2 20 353
Slow Recoveries: A Structural Interpretation 0 0 0 402 0 2 9 768
Slow Recoveries: A Structural Interpretation 0 0 0 54 0 0 12 137
Slow recoveries: A structural interpretation 0 0 0 142 0 4 14 258
Slow recoveries: any role for corporate leverage? 0 0 0 160 2 5 13 256
Structural asymmetries and financial imbalances in the eurozone 0 0 0 143 1 6 18 213
System-wide Dividend Restrictions: Evidence and Theory 0 0 0 15 1 7 13 44
System-wide Dividend Restrictions: Evidence and Theory 0 0 0 0 1 5 10 11
System-wide dividend restrictions: evidence and theory 0 0 2 12 0 3 18 36
THE EFFECTIVENESS OF A NEGATIVE INTEREST RATE POLICY 0 0 0 226 0 4 15 505
The Determination of Wages of Newly Hired Employees: Survey Evidence on Internal versus External Factors 0 0 0 9 0 2 16 239
The Determination of Wages of Newly Hired Employees: Survey Evidence on Internal versus External Factors 0 0 0 41 0 7 22 209
The Effectiveness of a Negative Interest Rate Policy 0 0 2 32 0 2 19 115
The Monetary Transmission Mechanism: Evidence from the G-7 Countries 0 0 0 516 1 2 13 1,072
The New Keynesian Climate Model 1 4 18 74 7 26 111 194
The New Keynesian Climate Model 0 1 13 18 2 10 65 74
The New Keynesian Climate Model 1 2 7 11 5 8 31 37
The Term Structure of Euro-Rates: Some Evidence in Support of the Expectations Hypothesis 0 0 0 179 0 3 13 572
The determination of wages of newly hired employees: survey evidence on internal versus external factors 0 0 0 43 0 1 42 346
The determination of wages of newly hired employees: survey evidence on internal versus external factors 0 0 0 32 0 0 7 155
The first twenty years of the European Central Bank: monetary policy 0 0 2 133 0 6 18 225
The first twenty years of the European Central Bank: monetary policy 1 3 9 509 4 21 74 1,504
The industry effects of monetary policy in the euro area 0 0 1 425 2 5 18 1,192
The monetary transmission mechanism in the euro area: more evidence from VAR analysis 0 2 9 1,046 0 6 44 2,104
The monetary transmission mechanism: Evidence from the G-7 countries 0 0 0 292 0 5 18 669
The need for an inflation buffer in the ECB’s price stability objective – the role of nominal rigidities and inflation differentials 0 0 1 32 2 8 28 111
The optimal quantity of CBDC in a bank-based economy 0 1 11 97 4 14 62 246
The optimal quantity of CBDC in a bank-based economy 0 1 2 52 2 9 33 123
The optimal quantity of CBDC in a bank-based economy 0 0 5 66 2 16 62 225
The positive neutral countercyclical capital buffer 0 1 14 14 0 4 55 55
The term structure of Euro-rates: some evidence in support of the expectations hypothesis 0 0 0 57 1 2 11 205
US Imbalances: The Role of Technology and Policy 0 0 0 58 1 2 8 267
US imbalances: the role of technology and policy 0 0 0 138 0 1 13 386
Uncertain Potential Output: Implications for Monetary Policy 0 0 0 0 1 7 13 491
Uncertain Potential Output: Implications for Monetary Policy 0 0 0 1 0 5 9 437
Uncertain potential output: implications for monetary policy 0 0 0 296 2 3 6 881
Understanding low inflation in the euro area from 2013 to 2019: cyclical and structural drivers 0 0 0 42 0 3 10 109
Unemployment in an Estimated New Keynesian Model 0 0 2 324 1 8 20 862
Unemployment in an Estimated New Keynesian Model 0 0 0 138 1 5 28 324
Unemployment in an Estimated New Keynesian Model 0 2 2 825 1 5 32 1,381
Unemployment in an Estimated New Keynesian Model 0 0 0 48 1 2 12 314
Unemployment in an Estimated New Keynesian Model 0 0 0 83 1 29 121 374
Unemployment in an Estimated New Keynesian model 0 0 0 43 1 21 155 307
Unemployment in an estimated new Keynesian model 0 0 0 186 0 1 15 814
Welfare analysis of non-fundamental asset price and investment shocks: Implications for monetary policy 0 0 0 1 0 2 12 354
What horizon for price stability 0 0 0 421 1 4 12 1,455
Why Does the Yield Curve Predict Economic Activity? Dissecting the Evidence for Germany and the United States 0 0 1 229 1 1 9 1,104
Why does the yield curve predict economic activity? Dissecting the evidence for Germany and the United States 0 0 0 100 0 2 19 356
Total Working Papers 7 38 300 34,261 184 838 3,524 84,598
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 1 7 15 1 9 21 41
A monetary policy strategy in good and bad times: lessons from the recent past 0 0 0 131 1 5 13 516
Adaptive Learning, Persistence, and Optimal Monetary Policy 0 0 1 257 1 5 25 846
An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area 3 10 39 4,777 5 26 145 9,592
Bayesian New Neoclassical Synthesis (NNS) Models: Modern Tools for Central Banks 0 0 0 247 0 1 9 581
Booms and Banking Crises 1 1 1 252 3 4 22 851
Comment 0 0 0 1 0 0 6 7
Comment expliquer la faiblesse durable des taux directeurs dans la zone euro ? 0 0 0 3 2 4 8 26
Commentaire de l'article de F. Barran, V. Coudert et B. Mojon 0 0 0 7 1 4 7 53
Comments on "Mark-up fluctuations and fiscal policy stabilisation in a monetary union" 0 0 0 15 0 4 7 83
Commetary: modeling inflation after the crisis 0 0 0 8 0 2 8 61
Comparing shocks and frictions in US and euro area business cycles: a Bayesian DSGE Approach 0 0 0 7 1 2 12 35
Comparing shocks and frictions in US and euro area business cycles: a Bayesian DSGE Approach 0 0 1 1,142 1 8 26 2,222
Contagious speculative attacks 0 0 0 308 0 2 13 804
Convergence and divergence in government bond markets: implications for monetary policy 0 0 0 42 0 3 8 168
DSGE models and their use at the ECB 0 0 1 420 2 5 18 870
Determinants of the Effective Real Exchange Rate of the Synthetic Euro: Alternative Methodological Approaches 0 0 0 171 0 1 4 605
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 9 596
Differences in Interest Rate Policy at the ECB and the Fed: An Investigation with a Medium‐Scale DSGE Model 0 0 1 7 1 2 9 29
Downward Wage Rigidities and Optimal Monetary Policy in a Monetary Union 0 0 1 100 0 3 11 258
Editor'S Choice Labour market adjustments and migration in Europe and the United States: how different? 1 1 1 31 1 6 11 130
Effects of State‐Dependent Forward Guidance, Large‐Scale Asset Purchases, and Fiscal Stimulus in a Low‐Interest‐Rate Environment 0 0 1 17 0 9 25 86
Energy shocks as Keynesian supply shocks: Implications for fiscal policy 0 3 5 13 1 8 21 39
Financial Stability and Monetary Policy: How Closely Interlinked? 2 4 12 510 5 14 69 1,414
Firm-Specific Production Factors in a DSGE Model with Taylor Price Setting 0 0 1 142 0 2 8 404
Forecasting with a Bayesian DSGE Model: An Application to the Euro Area 0 0 0 188 0 5 14 474
House prices and the stance of monetary policy 0 0 2 446 0 3 28 1,162
Housing is the business cycle: commentary 0 0 0 72 0 7 10 189
Imperfect information and the business cycle 0 1 1 26 1 5 16 109
Investment and monetary policy in the euro area 0 0 1 103 1 5 14 437
MCIs and monetary policy 0 0 0 299 0 4 14 570
MONETARY POLICY OVER TIME 0 0 0 116 1 3 16 287
Maintaining price stability: how long is the medium term? 0 1 3 236 2 8 42 746
Measuring Monetary Policy Shocks in France, Germany and Italy: The Role of The Exchange Rate 0 0 1 67 0 0 8 165
Monetary Policy in Uncertain Times: ECB Monetary Policy Since June 2014 0 0 1 67 0 1 9 137
Monetary Policy, Price Stability and Output Gap Stabilization 0 0 2 188 0 4 9 655
Monetary and Fiscal Policy Interactions and the Labor Market 0 0 0 25 0 1 5 53
Monetary policy and imperfect knowledge 0 0 0 8 1 3 11 73
New Evidence on Inflation Persistence and Price Stickiness in the Euro Area: Implications for Macro Modeling 0 0 0 172 2 5 12 566
On implications of micro price data for macro models 0 0 0 111 0 2 18 354
On the Fit of New Keynesian Models 0 1 3 467 1 8 28 884
Openness, imperfect exchange rate pass-through and monetary policy 0 0 1 452 0 1 13 929
Output gap uncertainty: Does it matter for the Taylor rule? 0 1 1 266 0 3 32 755
Output gaps and monetary policy in the EMU area1 0 0 1 281 0 4 12 576
Persistence, The Transmission Mechanism And Robust Monetary Policy 0 0 0 85 0 0 16 306
Price Level Stability: Some Issues 0 0 0 1 0 0 5 7
Price Level Stability: Some Issues 0 0 0 9 1 2 5 35
Price Setting and Price Adjustment in Some European Union Countries 0 0 0 1 0 4 8 16
Price Shocks in General Equilibrium: Alternative Specifications 0 0 0 110 0 3 13 291
Price setting and price adjustment in some European Union Countries: introduction to the special issue 0 0 0 53 0 2 7 186
Professional forecasters and real-time forecasting with a DSGE model 0 1 2 106 0 7 13 273
Rejoinder 0 0 0 80 1 3 21 195
Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach 3 10 41 5,180 18 63 204 10,559
Slow Recoveries: A Structural Interpretation 0 0 1 199 1 3 13 606
Slow Recoveries: A Structural Interpretation 0 0 0 9 0 2 7 33
Slow recoveries: Any role for corporate leverage? 0 0 1 38 1 1 5 132
Some Macroeconomic and Monetary Policy Implications of New Micro Evidence on Wage Dynamics 0 0 0 141 0 1 11 331
Staggered Pricing Models Face the Facts 0 0 0 86 1 2 7 275
Structural Asymmetries and Financial Imbalances in the Eurozone 0 0 0 54 2 5 14 253
The European Central Bank’s Monetary Policy during Its First 20 Years 0 0 2 56 0 9 17 252
The Industry Effects of Monetary Policy in the Euro Area 0 0 0 392 4 10 33 1,262
The Optimal Quantity of CBDC in a Bank-Based Economy 1 5 14 32 7 18 79 126
The Taylor Rule: A Useful Monetary Policy Benchmark for the Euro Area? 0 0 1 379 0 2 14 832
The determination of wages of newly hired employees: Survey evidence on internal versus external factors 0 0 0 38 2 4 13 233
The effectiveness of a negative interest rate policy 0 0 2 24 1 3 25 80
The term structure of Euro-rates: some evidence in support of the expectations hypothesis 0 1 1 139 0 4 13 362
Transparency, Communication and Commitment 0 0 0 137 0 3 10 365
US imbalances: The role of technology and policy 0 0 1 96 0 4 16 281
Uncertain potential output: implications for monetary policy 0 0 0 153 1 5 17 413
Uncertainty, Risk-taking, and the Business Cycle in Germany 0 0 1 234 0 1 9 591
Unemployment in an Estimated New Keynesian Model 0 2 6 448 0 5 29 1,127
Wage dynamics in Europe: some new findings 0 0 0 8 1 3 10 58
Total Journal Articles 12 43 162 20,717 76 373 1,460 48,918
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 0 5 18 154
Commodities, Energy and Finance 0 0 0 74 1 4 8 484
Total Books 0 0 0 93 1 9 26 638


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 1 6 56 0 3 29 220
Comment on "Reflections on Monetary Policy in the Open Economy" 0 0 0 15 0 5 17 76
Financial-asset Prices and Monetary Policy: Theory and Evidence 0 0 0 134 0 3 12 380
Inflation Expectations, Adaptive Learning and Optimal Monetary Policy 0 0 5 226 1 5 22 617
International Transmission and Monetary Policy Cooperation 0 2 3 131 0 5 22 471
Negative Interest Rates: Lessons from the Euro Area 0 0 8 604 0 8 42 1,513
Unemployment in an Estimated New Keynesian Model 0 0 2 517 3 14 41 1,067
Welfare analysis of non-fundamental asset price and investment shocks: implications for monetary policy 0 0 0 85 1 5 19 242
Total Chapters 0 3 24 1,768 5 48 204 4,586
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 1 4 82 0 5 19 178
Total Software Items 0 1 4 82 0 5 19 178


Statistics updated 2026-06-04