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 12 18 1,513
A quantitative perspective on optimal monetary policy cooperation between the US and the euro area 0 0 1 268 0 4 14 574
Adaptive learning, persistence, and optimal monetary policy 0 0 1 204 1 4 8 451
An estimated dynamic stochastic general equilibrium model of the euro area 0 2 13 2,898 6 17 43 4,950
An estimated stochastic dynamic general equilibrium model of the euro area 0 1 6 1,343 0 11 31 2,881
Are the effects of monetary policy in the euro area greater in recessions than in booms? 0 0 0 556 4 12 33 1,357
Asset Price Booms and Monetary Policy 0 0 0 19 0 5 12 156
Asset price booms and monetary policy 0 1 3 540 1 7 18 1,410
Banking Supervision, Monetary Policy and Risk-Taking: Big Data Evidence from 15 Credit Registers 0 0 0 16 1 8 19 123
Banking Supervision, Monetary Policy and Risk-Taking: Big Data Evidence from 15 Credit Registers 0 0 1 70 2 16 29 169
Banking Supervision, Monetary Policy and Risk-Taking: Big Data Evidence from 15 Credit Registers 0 0 0 14 1 6 13 67
Banking supervision, monetary policy and risk-taking: Big data evidence from 15 credit registers 0 0 0 53 0 4 7 120
Banking supervision, monetary policy and risk-taking: big data evidence from 15 credit registers 0 0 1 95 2 12 29 182
Booms and banking crises 0 0 0 210 4 15 20 470
Booms and systemic banking crises 0 0 0 291 7 16 18 766
Challenges for Central Banks' Macro Models 0 0 2 259 1 8 16 576
Challenges for Central Banks´ Macro Models 1 2 5 615 4 40 55 1,043
Comparing Shocks and Frictions in US and Euro Area Business Cycles: A Bayesian DSGE Approach 0 0 1 339 0 2 5 813
Comparing shocks and frictions in US and euro area business cycles: a Bayesian DSGE approach 1 1 2 603 1 3 14 1,164
Comparing shocks and frictions in US and euro area business cycles: a Bayesian DSGE approach 1 1 1 375 1 3 6 841
Contagious Speculative Attacks 0 0 0 453 1 10 13 1,254
Contagious speculative attacks 0 0 0 151 1 6 12 424
Differences in Interest Rate Policy at the ECB and the Fed: An Investigation with a Medium-Scale DSGE Model 0 0 0 0 0 0 3 44
Differences in Interest Rate Policy at the ECB and the Fed: An Investigation with a Medium-Scale DSGE Model 0 0 0 161 0 11 16 428
Differences in interest rate policy at the ECB and the Fed: an investigation with a medium-scale DSGE model 0 0 0 13 1 4 11 109
Effects of State-Dependent Forward Guidance, Large-Scale Asset Purchases and Fiscal Stimulus in a Low-Interest-Rate Environment 0 0 0 77 0 5 11 177
Effects of State-Dependent Forward Guidance, Large-Scale Asset Purchases and Fiscal Stimulus in a Low-Interest-Rate Environment 0 0 1 21 1 5 13 66
Effects of state-dependent forward guidance, large-scale asset purchases and fiscal stimulus in a low-interest-rate environment 0 0 0 60 1 2 12 129
Effects of state-dependent forward guidance, large-scale asset purchases and fiscal stimulus in a low-interest-rate environment 0 0 0 22 1 10 20 67
Energy shocks as Keynesian supply shocks: implications for fiscal policy 0 2 7 71 6 20 38 149
Estimation of the Euro Area Output Gap Using the NAWM 0 0 0 276 0 5 8 570
Evidence from Surveys of Price-Setting Managers: Policy Lessons and Directions for Ongoing Research 0 0 0 89 0 1 3 288
Evidence from surveys of price-setting managers: Policy lessons and directions for ongoing research 0 0 0 13 0 5 8 126
Exchange Rate Regimes and the Expectations Hypothesis of the Term Structure 0 0 0 62 1 3 5 261
Exchange rate regimes and the expectations hypothesis of the term structure 0 0 0 28 1 19 27 134
Financial Asset Prices and Monetary Policy: Theory and Evidence 0 0 1 340 0 5 13 1,153
Financial asset prices and monetary policy: theory and evidence 0 0 0 118 2 7 20 436
Firm-Specific Production Factors in a DSGE Model with Taylor Price Setting 0 0 1 34 0 7 15 246
Firm-specific production factors in a DSGE model with Taylor price setting 0 0 0 264 0 2 8 793
Firm-specific production factors in a DSGE model with Taylor price setting 0 0 0 82 1 2 5 382
Forecasting with a Bayesian DSGE Model: An Application to the Euro Area 0 0 2 378 0 5 12 747
Forecasting with a Bayesian DSGE Model: an application to the euro area 0 0 0 389 0 6 13 863
Forecasting with a Bayesian DSGE model: an application to the euro area 0 0 0 362 6 13 16 692
House Prices and the stance of Monetary Policy 0 1 4 438 1 10 29 1,171
Imperfect Information and the Business Cycle 0 0 0 119 0 10 12 306
Imperfect information and the business cycle 0 0 0 104 1 5 17 533
Inflation and monetary policy in medium-sized New Keynesian DSGE models 1 6 46 46 10 29 86 86
Inflation persistence and price-setting behaviour in the euro area: a summary of the IPN evidence 1 1 1 9 2 12 18 94
Inflation persistence and price-setting behaviour in the euro area: a summary of the Inflation Persistence Network evidence 0 0 1 153 6 43 60 619
International transmission and monetary policy cooperation 1 1 1 315 1 4 11 788
Investment and monetary policy in the euro area 0 0 0 176 1 6 17 578
Is Time Ripe for Price Level Path Stability? 0 0 0 136 0 0 6 270
Is time ripe for price level path stability? 0 0 1 177 0 4 9 418
Labour market adjustments in Europe and the US: How different? 0 0 1 104 1 5 19 345
Macroprudential policy and the role of institutional investors in housing markets 0 0 0 20 2 7 14 47
Macroprudential policy and the role of institutional investors in housing markets 0 0 2 8 0 4 12 26
Market whiplash after the 2025 tariff shock: an event-targeted VAR approach 1 5 14 14 7 17 47 47
Measuring monetary policy shocks in France, Germany and Italy: The role of the exchange rate 0 0 0 112 0 6 11 346
Model uncertainty and the equilibrium value of the real effective euro exchange rate 0 0 0 188 0 1 4 833
Monetary Policy under Adaptive Learning 0 0 1 162 1 4 9 412
Monetary policy with profit-driven inflation 0 0 0 1 0 4 7 12
Monetary policy with profit-driven inflation 0 0 18 79 0 9 43 159
New Evidence on Inflation Persistence and Price Stickiness in the Euro Area: Implications for Macro Modelling 0 0 0 33 0 18 27 183
New evidence on inflation persistence and price stickiness in the Euro area: Implications for macro modelling 0 0 0 379 10 50 59 844
OPTIMAL MONETARY POLICY IN AN OPEN ECONOMY 0 0 0 0 1 4 15 1,036
On Implications of Micro Price Data for Macro Models 0 0 0 89 1 7 10 252
On implications of micro price data for macro models 0 0 0 252 2 22 30 645
On the Fit and Forecasting Performance of New Keynesian Models 0 0 0 366 2 9 15 855
On the fit and forecasting performance of New Keynesian models 0 0 0 476 1 8 19 959
On the fit and forecasting performance of New-Keynesian models 0 0 1 658 3 5 15 1,363
Online Appendix to "Structural Asymmetries and Financial Imbalances in the Eurozone" 0 0 0 15 0 8 13 66
Openness, imperfect exchange rate pass-through and monetary policy 0 0 2 419 0 4 11 1,022
Openness, imperfect exchange rate pass-through and monetary policy 0 0 1 727 2 13 20 1,699
Optimal Monetary Policy under Adaptive Learning 0 0 0 260 0 8 9 464
Output and interest rate gaps: Theory versus practice 0 0 0 0 1 7 10 389
Output gap uncertainty: does it matter for the Taylor rule? 0 1 1 116 1 10 20 319
Output gaps:theory versus practice 0 0 0 1 0 10 13 596
Parsing the pulse: decomposing macroeconomic sentiment with LLMs 3 11 45 45 10 60 111 111
Persistence, the Transmission Mechanism and Robust Monetary Policy 0 0 0 0 0 9 14 362
Persistence, the transmission mechanism and robust monetary policy 0 0 0 193 0 4 5 435
Pipeline Pressures and Sectoral Inflation Dynamics 0 1 5 106 2 15 37 393
Price Setting and Price Adjustment in Some European Union Countries: Introduction to the Special Issue 0 0 0 51 0 5 10 158
Price Setting and Price Adjustment in Some European Union Countries: Introduction to the Special Issue 0 0 0 55 1 6 7 174
Price setting and price adjustment in some European Union Countries: introduction to the special issue 0 0 0 0 1 6 11 24
Price setting in General Equilibrium: Alternative Specifications 0 0 0 0 0 4 12 602
Professional forecasters and the real-time forecasting performance of an estimated new keynesian model for the euro area 1 1 1 319 1 5 7 544
Real wages and monetary policy transmission in the euro area 0 0 0 284 1 5 8 591
Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach 0 1 6 1,822 2 9 34 3,201
Shocks and Frictions in US Business Cycles: a Bayesian DSGE Approach 0 1 4 1,494 4 16 65 2,927
Shocks and frictions in US business cycles: a Bayesian DSGE approach 1 4 31 2,991 8 26 122 5,266
Slow Recoveries: A Structural Interpretation 0 0 0 402 1 5 8 767
Slow Recoveries: A Structural Interpretation 0 0 0 162 0 10 18 351
Slow Recoveries: A Structural Interpretation 0 0 0 54 0 6 12 137
Slow recoveries: A structural interpretation 0 0 0 142 1 8 11 255
Slow recoveries: any role for corporate leverage? 0 0 0 160 1 6 11 252
Structural asymmetries and financial imbalances in the eurozone 0 0 0 143 2 10 17 209
System-wide Dividend Restrictions: Evidence and Theory 0 0 0 0 2 4 7 8
System-wide Dividend Restrictions: Evidence and Theory 0 0 0 15 0 2 7 37
System-wide dividend restrictions: evidence and theory 0 0 3 12 0 2 17 33
THE EFFECTIVENESS OF A NEGATIVE INTEREST RATE POLICY 0 0 0 226 1 7 13 502
The Determination of Wages of Newly Hired Employees: Survey Evidence on Internal versus External Factors 0 0 0 41 2 15 17 204
The Determination of Wages of Newly Hired Employees: Survey Evidence on Internal versus External Factors 0 0 0 9 0 11 15 237
The Effectiveness of a Negative Interest Rate Policy 0 0 2 32 2 9 20 115
The Monetary Transmission Mechanism: Evidence from the G-7 Countries 0 0 1 516 1 5 13 1,071
The New Keynesian Climate Model 1 6 17 18 4 26 67 68
The New Keynesian Climate Model 1 4 25 71 11 36 124 179
The New Keynesian Climate Model 0 2 9 9 0 12 28 29
The Term Structure of Euro-Rates: Some Evidence in Support of the Expectations Hypothesis 0 0 0 179 0 4 10 569
The determination of wages of newly hired employees: survey evidence on internal versus external factors 0 0 0 43 1 16 42 346
The determination of wages of newly hired employees: survey evidence on internal versus external factors 0 0 0 32 0 7 7 155
The first twenty years of the European Central Bank: monetary policy 0 4 9 506 7 28 71 1,490
The first twenty years of the European Central Bank: monetary policy 0 1 2 133 1 8 13 220
The industry effects of monetary policy in the euro area 0 0 1 425 0 8 16 1,187
The monetary transmission mechanism in the euro area: more evidence from VAR analysis 0 2 8 1,044 2 18 44 2,100
The monetary transmission mechanism: Evidence from the G-7 countries 0 0 0 292 2 10 16 666
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 12 23 105
The optimal quantity of CBDC in a bank-based economy 0 1 2 51 2 11 31 116
The optimal quantity of CBDC in a bank-based economy 0 3 5 66 6 38 55 215
The optimal quantity of CBDC in a bank-based economy 1 4 12 97 7 26 61 239
The positive neutral countercyclical capital buffer 1 3 14 14 1 17 52 52
The term structure of Euro-rates: some evidence in support of the expectations hypothesis 0 0 0 57 0 4 10 203
US Imbalances: The Role of Technology and Policy 0 0 0 58 0 2 6 265
US imbalances: the role of technology and policy 0 0 0 138 0 4 12 385
Uncertain Potential Output: Implications for Monetary Policy 0 0 0 0 1 5 7 485
Uncertain Potential Output: Implications for Monetary Policy 0 0 0 1 2 4 7 434
Uncertain potential output: implications for monetary policy 0 0 0 296 1 1 4 879
Understanding low inflation in the euro area from 2013 to 2019: cyclical and structural drivers 0 0 0 42 0 5 9 106
Unemployment in an Estimated New Keynesian Model 0 1 2 324 3 10 19 857
Unemployment in an Estimated New Keynesian Model 1 1 1 824 1 12 30 1,377
Unemployment in an Estimated New Keynesian Model 0 0 0 48 1 7 11 313
Unemployment in an Estimated New Keynesian Model 0 0 0 83 25 109 118 370
Unemployment in an Estimated New Keynesian Model 0 0 1 138 1 14 26 320
Unemployment in an Estimated New Keynesian model 0 0 0 43 18 144 153 304
Unemployment in an estimated new Keynesian model 0 0 0 186 0 8 14 813
Welfare analysis of non-fundamental asset price and investment shocks: Implications for monetary policy 0 0 0 1 0 8 10 352
What horizon for price stability 0 0 1 421 0 3 9 1,451
Why Does the Yield Curve Predict Economic Activity? Dissecting the Evidence for Germany and the United States 0 0 1 229 0 4 8 1,103
Why does the yield curve predict economic activity? Dissecting the evidence for Germany and the United States 0 0 0 100 2 14 19 356
Total Working Papers 17 76 353 34,240 261 1,626 3,188 84,021
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 0 1 9 14 2 5 21 34
A monetary policy strategy in good and bad times: lessons from the recent past 0 0 0 131 1 4 9 512
Adaptive Learning, Persistence, and Optimal Monetary Policy 0 1 1 257 1 6 22 842
An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area 2 9 47 4,769 7 35 170 9,573
Bayesian New Neoclassical Synthesis (NNS) Models: Modern Tools for Central Banks 0 0 0 247 0 4 9 580
Booms and Banking Crises 0 0 0 251 0 7 24 847
Comment 0 0 0 1 0 2 6 7
Comment expliquer la faiblesse durable des taux directeurs dans la zone euro ? 0 0 0 3 1 5 5 23
Commentaire de l'article de F. Barran, V. Coudert et B. Mojon 0 0 0 7 0 1 5 49
Comments on "Mark-up fluctuations and fiscal policy stabilisation in a monetary union" 0 0 0 15 0 2 3 79
Commetary: modeling inflation after the crisis 0 0 0 8 2 7 8 61
Comparing shocks and frictions in US and euro area business cycles: a Bayesian DSGE Approach 0 1 2 1,142 2 7 22 2,216
Comparing shocks and frictions in US and euro area business cycles: a Bayesian DSGE Approach 0 0 0 7 0 3 10 33
Contagious speculative attacks 0 0 0 308 0 6 11 802
Convergence and divergence in government bond markets: implications for monetary policy 0 0 0 42 0 2 5 165
DSGE models and their use at the ECB 0 0 1 420 0 1 14 865
Determinants of the Effective Real Exchange Rate of the Synthetic Euro: Alternative Methodological Approaches 0 0 0 171 1 3 5 605
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 6 593
Differences in Interest Rate Policy at the ECB and the Fed: An Investigation with a Medium‐Scale DSGE Model 0 0 1 7 1 5 9 28
Downward Wage Rigidities and Optimal Monetary Policy in a Monetary Union 0 0 1 100 1 5 9 256
Editor'S Choice Labour market adjustments and migration in Europe and the United States: how different? 0 0 0 30 0 2 7 124
Effects of State‐Dependent Forward Guidance, Large‐Scale Asset Purchases, and Fiscal Stimulus in a Low‐Interest‐Rate Environment 0 0 3 17 2 9 21 79
Energy shocks as Keynesian supply shocks: Implications for fiscal policy 0 0 6 10 1 6 23 32
Financial Stability and Monetary Policy: How Closely Interlinked? 0 2 13 506 3 25 76 1,403
Firm-Specific Production Factors in a DSGE Model with Taylor Price Setting 0 0 1 142 1 3 8 403
Forecasting with a Bayesian DSGE Model: An Application to the Euro Area 0 0 0 188 1 3 11 470
House prices and the stance of monetary policy 0 0 3 446 0 5 32 1,159
Housing is the business cycle: commentary 0 0 0 72 2 5 5 184
Imperfect information and the business cycle 0 0 0 25 2 5 14 106
Investment and monetary policy in the euro area 0 0 1 103 0 4 9 432
MCIs and monetary policy 0 0 1 299 1 7 13 567
MONETARY POLICY OVER TIME 0 0 0 116 1 12 14 285
Maintaining price stability: how long is the medium term? 0 1 2 235 4 33 38 742
Measuring Monetary Policy Shocks in France, Germany and Italy: The Role of The Exchange Rate 0 1 1 67 0 6 9 165
Monetary Policy in Uncertain Times: ECB Monetary Policy Since June 2014 0 0 1 67 1 4 9 137
Monetary Policy, Price Stability and Output Gap Stabilization 0 0 2 188 1 2 7 652
Monetary and Fiscal Policy Interactions and the Labor Market 0 0 0 25 0 3 4 52
Monetary policy and imperfect knowledge 0 0 0 8 0 4 9 70
New Evidence on Inflation Persistence and Price Stickiness in the Euro Area: Implications for Macro Modeling 0 0 0 172 1 3 8 562
On implications of micro price data for macro models 0 0 0 111 0 7 16 352
On the Fit of New Keynesian Models 1 3 3 467 4 15 24 880
Openness, imperfect exchange rate pass-through and monetary policy 0 0 4 452 1 5 18 929
Output gap uncertainty: Does it matter for the Taylor rule? 1 1 1 266 2 23 32 754
Output gaps and monetary policy in the EMU area1 0 0 1 281 1 4 10 573
Persistence, The Transmission Mechanism And Robust Monetary Policy 0 0 1 85 0 9 17 306
Price Level Stability: Some Issues 0 0 0 1 0 3 5 7
Price Level Stability: Some Issues 0 0 0 9 0 1 3 33
Price Setting and Price Adjustment in Some European Union Countries 0 0 0 1 0 3 4 12
Price Shocks in General Equilibrium: Alternative Specifications 0 0 0 110 1 9 12 289
Price setting and price adjustment in some European Union Countries: introduction to the special issue 0 0 0 53 0 4 5 184
Professional forecasters and real-time forecasting with a DSGE model 1 1 2 106 1 2 9 267
Rejoinder 0 0 0 80 0 5 18 192
Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach 5 15 44 5,175 17 57 185 10,513
Slow Recoveries: A Structural Interpretation 0 0 1 199 1 8 11 604
Slow Recoveries: A Structural Interpretation 0 0 0 9 0 4 5 31
Slow recoveries: Any role for corporate leverage? 0 0 1 38 0 1 4 131
Some Macroeconomic and Monetary Policy Implications of New Micro Evidence on Wage Dynamics 0 0 0 141 0 4 11 330
Staggered Pricing Models Face the Facts 0 0 0 86 0 5 5 273
Structural Asymmetries and Financial Imbalances in the Eurozone 0 0 1 54 2 7 13 250
The European Central Bank’s Monetary Policy during Its First 20 Years 0 0 2 56 6 10 19 249
The Industry Effects of Monetary Policy in the Euro Area 0 0 0 392 1 7 26 1,253
The Optimal Quantity of CBDC in a Bank-Based Economy 2 5 14 29 5 16 73 113
The Taylor Rule: A Useful Monetary Policy Benchmark for the Euro Area? 0 0 2 379 2 9 16 832
The determination of wages of newly hired employees: Survey evidence on internal versus external factors 0 0 0 38 1 7 10 230
The effectiveness of a negative interest rate policy 0 0 4 24 1 7 27 78
The term structure of Euro-rates: some evidence in support of the expectations hypothesis 0 0 0 138 0 7 9 358
Transparency, Communication and Commitment 0 0 0 137 2 5 9 364
US imbalances: The role of technology and policy 0 1 1 96 0 11 13 277
Uncertain potential output: implications for monetary policy 0 0 1 153 1 5 14 409
Uncertainty, Risk-taking, and the Business Cycle in Germany 0 0 2 234 0 2 10 590
Unemployment in an Estimated New Keynesian Model 2 3 8 448 3 9 33 1,125
Wage dynamics in Europe: some new findings 0 0 0 8 1 7 8 56
Total Journal Articles 14 45 189 20,688 93 532 1,364 48,638
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 2 6 15 151
Commodities, Energy and Finance 0 0 0 74 0 3 6 480
Total Books 0 0 0 93 2 9 21 631


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 7 31 218
Comment on "Reflections on Monetary Policy in the Open Economy" 0 0 0 15 0 5 12 71
Financial-asset Prices and Monetary Policy: Theory and Evidence 0 0 0 134 1 6 12 378
Inflation Expectations, Adaptive Learning and Optimal Monetary Policy 0 2 5 226 1 10 19 613
International Transmission and Monetary Policy Cooperation 0 0 1 129 1 3 19 467
Negative Interest Rates: Lessons from the Euro Area 0 0 11 604 2 10 45 1,507
Unemployment in an Estimated New Keynesian Model 0 1 2 517 3 12 31 1,056
Welfare analysis of non-fundamental asset price and investment shocks: implications for monetary policy 0 0 0 85 0 4 14 237
Total Chapters 0 3 25 1,765 9 57 183 4,547
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 1 5 82 2 3 18 175
Total Software Items 1 1 5 82 2 3 18 175


Statistics updated 2026-04-09