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 0 6 24 1,521
A quantitative perspective on optimal monetary policy cooperation between the US and the euro area 0 0 0 268 1 3 15 578
Adaptive learning, persistence, and optimal monetary policy 0 0 1 204 0 1 8 452
An estimated dynamic stochastic general equilibrium model of the euro area 0 0 5 2,898 8 14 55 4,973
An estimated stochastic dynamic general equilibrium model of the euro area 0 2 6 1,345 0 7 35 2,894
Are the effects of monetary policy in the euro area greater in recessions than in booms? 0 0 0 556 1 2 30 1,360
Asset Price Booms and Monetary Policy 0 0 0 19 0 1 14 158
Asset price booms and monetary policy 0 0 2 541 1 8 26 1,420
Banking Supervision, Monetary Policy and Risk-Taking: Big Data Evidence from 15 Credit Registers 0 0 0 14 2 2 16 71
Banking Supervision, Monetary Policy and Risk-Taking: Big Data Evidence from 15 Credit Registers 0 1 1 17 1 3 22 129
Banking Supervision, Monetary Policy and Risk-Taking: Big Data Evidence from 15 Credit Registers 0 0 0 70 0 2 33 179
Banking supervision, monetary policy and risk-taking: Big data evidence from 15 credit registers 0 0 0 53 0 1 10 123
Banking supervision, monetary policy and risk-taking: big data evidence from 15 credit registers 0 0 1 95 0 3 31 189
Booms and banking crises 0 0 0 210 0 2 21 473
Booms and systemic banking crises 0 0 0 291 0 2 24 772
Challenges for Central Banks' Macro Models 0 0 2 260 1 3 17 581
Challenges for Central Banks´ Macro Models 0 0 3 615 0 6 59 1,054
Comparing Shocks and Frictions in US and Euro Area Business Cycles: A Bayesian DSGE Approach 0 0 0 339 0 1 10 819
Comparing shocks and frictions in US and euro area business cycles: a Bayesian DSGE approach 0 0 1 603 0 2 22 1,175
Comparing shocks and frictions in US and euro area business cycles: a Bayesian DSGE approach 0 0 1 375 0 2 8 843
Contagious Speculative Attacks 0 0 0 453 0 0 13 1,254
Contagious speculative attacks 0 0 0 151 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 0 161 0 0 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 0 4 46
Differences in interest rate policy at the ECB and the Fed: an investigation with a medium-scale DSGE model 0 0 0 13 1 5 14 114
Effects of State-Dependent Forward Guidance, Large-Scale Asset Purchases and Fiscal Stimulus in a Low-Interest-Rate Environment 0 0 1 21 0 19 33 87
Effects of State-Dependent Forward Guidance, Large-Scale Asset Purchases and Fiscal Stimulus in a Low-Interest-Rate Environment 0 0 0 77 0 2 15 183
Effects of state-dependent forward guidance, large-scale asset purchases and fiscal stimulus in a low-interest-rate environment 0 0 0 22 0 1 20 70
Effects of state-dependent forward guidance, large-scale asset purchases and fiscal stimulus in a low-interest-rate environment 0 0 0 60 0 1 12 131
Energy shocks as Keynesian supply shocks: implications for fiscal policy 1 1 4 72 1 3 43 164
Estimation of the Euro Area Output Gap Using the NAWM 0 0 0 276 0 1 10 573
Evidence from Surveys of Price-Setting Managers: Policy Lessons and Directions for Ongoing Research 0 0 0 89 1 1 6 291
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 5 262
Exchange rate regimes and the expectations hypothesis of the term structure 0 0 0 28 0 3 34 142
Financial Asset Prices and Monetary Policy: Theory and Evidence 0 0 1 340 0 1 14 1,154
Financial asset prices and monetary policy: theory and evidence 0 0 0 118 0 1 18 437
Firm-Specific Production Factors in a DSGE Model with Taylor Price Setting 0 0 0 34 0 1 13 247
Firm-specific production factors in a DSGE model with Taylor price setting 0 0 0 264 0 1 13 799
Firm-specific production factors in a DSGE model with Taylor price setting 0 0 0 82 1 1 7 384
Forecasting with a Bayesian DSGE Model: An Application to the Euro Area 0 0 1 378 0 0 13 750
Forecasting with a Bayesian DSGE Model: an application to the euro area 0 0 0 389 0 2 17 868
Forecasting with a Bayesian DSGE model: an application to the euro area 0 0 0 362 0 2 23 699
House Prices and the stance of Monetary Policy 0 0 4 438 0 6 33 1,182
Imperfect Information and the Business Cycle 0 0 0 119 0 3 19 313
Imperfect information and the business cycle 0 0 0 104 0 0 18 535
Inflation and monetary policy in medium-sized New Keynesian DSGE models 0 1 47 47 3 10 101 101
Inflation persistence and price-setting behaviour in the euro area: a summary of the IPN evidence 0 0 1 9 2 10 28 106
Inflation persistence and price-setting behaviour in the euro area: a summary of the Inflation Persistence Network evidence 0 0 1 153 0 2 65 624
International transmission and monetary policy cooperation 0 0 1 315 0 3 18 796
Investment and monetary policy in the euro area 0 0 0 176 0 2 18 581
Is Time Ripe for Price Level Path Stability? 0 0 0 136 0 0 9 274
Is time ripe for price level path stability? 0 0 1 177 0 0 10 419
Labour market adjustments in Europe and the US: How different? 0 0 1 104 0 2 18 348
Macroprudential policy and the role of institutional investors in housing markets 0 1 1 21 0 1 16 52
Macroprudential policy and the role of institutional investors in housing markets 0 0 1 8 0 0 10 27
Market whiplash after the 2025 tariff shock: an event-targeted VAR approach 0 1 16 16 1 10 59 59
Measuring monetary policy shocks in France, Germany and Italy: The role of the exchange rate 0 0 0 112 1 3 15 351
Model uncertainty and the equilibrium value of the real effective euro exchange rate 0 0 0 188 0 1 6 835
Monetary Policy under Adaptive Learning 0 0 1 162 0 5 16 420
Monetary policy with profit-driven inflation 0 0 0 1 0 1 11 16
Monetary policy with profit-driven inflation 0 0 7 80 0 1 28 163
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 1 3 64 850
OPTIMAL MONETARY POLICY IN AN OPEN ECONOMY 0 0 0 0 0 2 14 1,040
On Implications of Micro Price Data for Macro Models 0 0 0 89 0 1 11 253
On implications of micro price data for macro models 0 0 0 252 1 1 30 646
On the Fit and Forecasting Performance of New Keynesian Models 0 0 0 366 0 0 22 862
On the fit and forecasting performance of New Keynesian models 1 1 1 477 1 2 23 965
On the fit and forecasting performance of New-Keynesian models 0 0 0 658 0 1 15 1,367
Online Appendix to "Structural Asymmetries and Financial Imbalances in the Eurozone" 0 0 0 15 0 0 14 67
Openness, imperfect exchange rate pass-through and monetary policy 0 0 0 727 0 1 20 1,700
Openness, imperfect exchange rate pass-through and monetary policy 0 0 1 419 1 4 15 1,029
Optimal Monetary Policy under Adaptive Learning 0 0 0 260 0 0 10 465
Output and interest rate gaps: Theory versus practice 0 0 0 0 0 0 12 391
Output gap uncertainty: does it matter for the Taylor rule? 0 0 1 116 1 8 28 327
Output gaps:theory versus practice 0 0 0 1 0 1 14 597
Parsing the pulse: decomposing macroeconomic sentiment with LLMs 0 3 48 48 2 35 165 165
Persistence, the Transmission Mechanism and Robust Monetary Policy 0 0 0 0 1 2 16 365
Persistence, the transmission mechanism and robust monetary policy 0 0 0 193 0 2 8 439
Pipeline Pressures and Sectoral Inflation Dynamics 0 0 3 106 0 6 39 404
Price Setting and Price Adjustment in Some European Union Countries: Introduction to the Special Issue 0 0 0 51 0 2 11 160
Price Setting and Price Adjustment in Some European Union Countries: Introduction to the Special Issue 0 0 0 55 0 1 10 177
Price setting and price adjustment in some European Union Countries: introduction to the special issue 0 0 0 0 0 1 13 26
Price setting in General Equilibrium: Alternative Specifications 0 0 0 0 0 0 11 603
Professional forecasters and the real-time forecasting performance of an estimated new keynesian model for the euro area 0 0 1 319 1 1 13 550
Real wages and monetary policy transmission in the euro area 0 0 1 285 1 2 12 596
Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach 0 2 7 1,824 2 9 42 3,220
Shocks and Frictions in US Business Cycles: a Bayesian DSGE Approach 0 1 3 1,495 1 4 66 2,938
Shocks and frictions in US business cycles: a Bayesian DSGE approach 2 5 17 2,996 3 14 90 5,284
Slow Recoveries: A Structural Interpretation 0 0 0 54 0 0 12 137
Slow Recoveries: A Structural Interpretation 0 0 0 402 0 0 8 768
Slow Recoveries: A Structural Interpretation 0 0 0 162 0 0 20 353
Slow recoveries: A structural interpretation 0 0 0 142 1 2 16 260
Slow recoveries: any role for corporate leverage? 0 0 0 160 1 3 13 257
Structural asymmetries and financial imbalances in the eurozone 0 0 0 143 1 3 20 215
System-wide Dividend Restrictions: Evidence and Theory 0 0 0 15 0 1 13 44
System-wide Dividend Restrictions: Evidence and Theory 0 0 0 0 0 1 10 11
System-wide dividend restrictions: evidence and theory 0 0 1 12 0 0 16 36
THE EFFECTIVENESS OF A NEGATIVE INTEREST RATE POLICY 0 0 0 226 1 2 16 507
The Determination of Wages of Newly Hired Employees: Survey Evidence on Internal versus External Factors 0 0 0 41 0 0 22 209
The Determination of Wages of Newly Hired Employees: Survey Evidence on Internal versus External Factors 0 0 0 9 0 0 16 239
The Effectiveness of a Negative Interest Rate Policy 0 0 2 32 0 0 16 115
The Monetary Transmission Mechanism: Evidence from the G-7 Countries 0 0 0 516 0 2 12 1,073
The New Keynesian Climate Model 0 0 10 18 0 2 55 74
The New Keynesian Climate Model 1 2 6 12 1 6 30 38
The New Keynesian Climate Model 0 1 15 74 1 13 98 200
The Term Structure of Euro-Rates: Some Evidence in Support of the Expectations Hypothesis 0 0 0 179 1 1 13 573
The determination of wages of newly hired employees: survey evidence on internal versus external factors 0 0 0 32 1 1 8 156
The determination of wages of newly hired employees: survey evidence on internal versus external factors 0 0 0 43 0 0 42 346
The first twenty years of the European Central Bank: monetary policy 0 4 11 512 2 11 76 1,511
The first twenty years of the European Central Bank: monetary policy 0 0 2 133 1 2 20 227
The industry effects of monetary policy in the euro area 0 0 1 425 1 5 21 1,195
The monetary transmission mechanism in the euro area: more evidence from VAR analysis 0 1 10 1,047 1 4 44 2,108
The monetary transmission mechanism: Evidence from the G-7 countries 0 0 0 292 0 0 17 669
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 0 2 26 111
The optimal quantity of CBDC in a bank-based economy 0 0 9 97 0 7 59 249
The optimal quantity of CBDC in a bank-based economy 1 1 5 67 1 5 63 228
The optimal quantity of CBDC in a bank-based economy 0 0 2 52 0 3 32 124
The positive neutral countercyclical capital buffer 0 0 7 14 0 5 53 60
The term structure of Euro-rates: some evidence in support of the expectations hypothesis 0 0 0 57 0 1 10 205
US Imbalances: The Role of Technology and Policy 0 0 0 58 1 3 9 269
US imbalances: the role of technology and policy 0 0 0 138 0 1 14 387
Uncertain Potential Output: Implications for Monetary Policy 0 0 0 1 0 0 9 437
Uncertain Potential Output: Implications for Monetary Policy 0 0 0 0 0 1 13 491
Uncertain potential output: implications for monetary policy 0 0 0 296 0 3 7 882
Understanding low inflation in the euro area from 2013 to 2019: cyclical and structural drivers 0 0 0 42 0 1 11 110
Unemployment in an Estimated New Keynesian Model 0 0 2 825 1 4 33 1,384
Unemployment in an Estimated New Keynesian Model 0 0 0 138 1 3 30 326
Unemployment in an Estimated New Keynesian Model 0 0 0 48 0 1 12 314
Unemployment in an Estimated New Keynesian Model 1 1 3 325 2 4 23 865
Unemployment in an Estimated New Keynesian Model 0 0 0 83 0 3 123 376
Unemployment in an Estimated New Keynesian model 0 0 0 43 1 5 158 311
Unemployment in an estimated new Keynesian model 0 0 0 186 0 1 16 815
Welfare analysis of non-fundamental asset price and investment shocks: Implications for monetary policy 0 0 0 1 0 0 12 354
What horizon for price stability 0 0 0 421 0 1 11 1,455
Why Does the Yield Curve Predict Economic Activity? Dissecting the Evidence for Germany and the United States 0 0 1 229 0 2 10 1,105
Why does the yield curve predict economic activity? Dissecting the evidence for Germany and the United States 0 0 0 100 0 1 18 357
Total Working Papers 7 29 283 34,283 62 398 3,550 84,812
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 5 15 2 3 21 43
A monetary policy strategy in good and bad times: lessons from the recent past 0 0 0 131 0 1 11 516
Adaptive Learning, Persistence, and Optimal Monetary Policy 0 0 1 257 2 3 20 848
An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area 2 5 37 4,779 5 15 135 9,602
Bayesian New Neoclassical Synthesis (NNS) Models: Modern Tools for Central Banks 0 0 0 247 0 1 9 582
Booms and Banking Crises 0 1 1 252 0 4 21 852
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 10 28
Commentaire de l'article de F. Barran, V. Coudert et B. Mojon 0 0 0 7 0 1 7 53
Comments on "Mark-up fluctuations and fiscal policy stabilisation in a monetary union" 0 0 0 15 0 0 7 83
Commetary: modeling inflation after the crisis 0 0 0 8 0 2 10 63
Comparing shocks and frictions in US and euro area business cycles: a Bayesian DSGE Approach 0 0 0 7 0 1 12 35
Comparing shocks and frictions in US and euro area business cycles: a Bayesian DSGE Approach 0 0 1 1,142 0 2 25 2,223
Contagious speculative attacks 0 0 0 308 0 0 12 804
Convergence and divergence in government bond markets: implications for monetary policy 0 0 0 42 0 0 7 168
DSGE models and their use at the ECB 0 0 0 420 0 3 18 871
Determinants of the Effective Real Exchange Rate of the Synthetic Euro: Alternative Methodological Approaches 0 0 0 171 0 0 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 1 2 11 598
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 10 30
Downward Wage Rigidities and Optimal Monetary Policy in a Monetary Union 0 0 1 100 1 1 12 259
Editor'S Choice Labour market adjustments and migration in Europe and the United States: how different? 0 1 1 31 0 1 11 130
Effects of State‐Dependent Forward Guidance, Large‐Scale Asset Purchases, and Fiscal Stimulus in a Low‐Interest‐Rate Environment 0 1 2 18 0 2 27 88
Energy shocks as Keynesian supply shocks: Implications for fiscal policy 0 0 5 13 1 2 21 40
Financial Stability and Monetary Policy: How Closely Interlinked? 2 7 15 515 6 15 71 1,424
Firm-Specific Production Factors in a DSGE Model with Taylor Price Setting 0 0 1 142 0 0 7 404
Forecasting with a Bayesian DSGE Model: An Application to the Euro Area 0 0 0 188 0 1 15 475
House prices and the stance of monetary policy 0 0 2 446 1 2 30 1,164
Housing is the business cycle: commentary 0 0 0 72 0 0 10 189
Imperfect information and the business cycle 0 0 1 26 0 1 12 109
Investment and monetary policy in the euro area 0 0 1 103 0 2 15 438
MCIs and monetary policy 1 3 3 302 4 6 19 576
MONETARY POLICY OVER TIME 0 0 0 116 0 1 16 287
Maintaining price stability: how long is the medium term? 0 1 4 237 1 4 44 748
Measuring Monetary Policy Shocks in France, Germany and Italy: The Role of The Exchange Rate 0 0 1 67 0 1 9 166
Monetary Policy in Uncertain Times: ECB Monetary Policy Since June 2014 0 0 0 67 2 2 9 139
Monetary Policy, Price Stability and Output Gap Stabilization 0 0 2 188 0 0 9 655
Monetary and Fiscal Policy Interactions and the Labor Market 0 0 0 25 1 1 6 54
Monetary policy and imperfect knowledge 0 0 0 8 0 1 10 73
New Evidence on Inflation Persistence and Price Stickiness in the Euro Area: Implications for Macro Modeling 0 0 0 172 0 2 12 566
On implications of micro price data for macro models 0 0 0 111 0 0 17 354
On the Fit of New Keynesian Models 0 0 3 467 0 1 28 884
Openness, imperfect exchange rate pass-through and monetary policy 0 0 1 452 3 4 16 933
Output gap uncertainty: Does it matter for the Taylor rule? 0 0 1 266 1 2 33 757
Output gaps and monetary policy in the EMU area1 0 0 1 281 0 1 12 577
Persistence, The Transmission Mechanism And Robust Monetary Policy 0 0 0 85 0 1 17 307
Price Level Stability: Some Issues 0 0 0 9 0 1 4 35
Price Level Stability: Some Issues 0 0 0 1 0 0 5 7
Price Setting and Price Adjustment in Some European Union Countries 0 0 0 1 1 1 9 17
Price Shocks in General Equilibrium: Alternative Specifications 0 0 0 110 1 1 14 292
Price setting and price adjustment in some European Union Countries: introduction to the special issue 0 0 0 53 1 1 8 187
Professional forecasters and real-time forecasting with a DSGE model 0 0 2 106 2 2 15 275
Rejoinder 0 0 0 80 0 2 22 196
Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach 0 7 38 5,184 12 48 213 10,589
Slow Recoveries: A Structural Interpretation 0 0 0 9 0 0 7 33
Slow Recoveries: A Structural Interpretation 0 0 1 199 2 4 16 609
Slow recoveries: Any role for corporate leverage? 1 1 2 39 1 2 5 133
Some Macroeconomic and Monetary Policy Implications of New Micro Evidence on Wage Dynamics 0 0 0 141 1 1 10 332
Staggered Pricing Models Face the Facts 0 0 0 86 0 1 7 275
Structural Asymmetries and Financial Imbalances in the Eurozone 0 0 0 54 0 4 15 255
The European Central Bank’s Monetary Policy during Its First 20 Years 0 0 2 56 2 2 19 254
The Industry Effects of Monetary Policy in the Euro Area 0 0 0 392 2 7 36 1,265
The Optimal Quantity of CBDC in a Bank-Based Economy 1 3 15 34 3 14 64 133
The Taylor Rule: A Useful Monetary Policy Benchmark for the Euro Area? 0 0 1 379 1 2 16 834
The determination of wages of newly hired employees: Survey evidence on internal versus external factors 0 0 0 38 0 4 15 235
The effectiveness of a negative interest rate policy 0 0 1 24 0 1 22 80
The term structure of Euro-rates: some evidence in support of the expectations hypothesis 1 1 2 140 2 2 15 364
Transparency, Communication and Commitment 0 0 0 137 1 1 11 366
US imbalances: The role of technology and policy 0 0 1 96 0 0 16 281
Uncertain potential output: implications for monetary policy 0 0 0 153 0 1 15 413
Uncertainty, Risk-taking, and the Business Cycle in Germany 0 0 1 234 0 4 12 595
Unemployment in an Estimated New Keynesian Model 0 0 5 448 0 1 28 1,128
Wage dynamics in Europe: some new findings 0 0 0 8 1 2 11 59
Total Journal Articles 8 32 162 20,737 67 207 1,474 49,049
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 0 16 154
Commodities, Energy and Finance 0 0 0 74 0 1 8 484
Total Books 0 0 0 93 0 1 24 638


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 0 2 56 0 0 20 220
Comment on "Reflections on Monetary Policy in the Open Economy" 0 0 0 15 0 0 17 76
Financial-asset Prices and Monetary Policy: Theory and Evidence 0 0 0 134 0 2 14 382
Inflation Expectations, Adaptive Learning and Optimal Monetary Policy 0 0 4 226 1 2 21 618
International Transmission and Monetary Policy Cooperation 0 0 3 131 1 2 23 473
Negative Interest Rates: Lessons from the Euro Area 0 0 5 604 1 3 36 1,516
Unemployment in an Estimated New Keynesian Model 0 0 2 517 2 6 36 1,070
Welfare analysis of non-fundamental asset price and investment shocks: implications for monetary policy 0 0 0 85 0 1 19 242
Total Chapters 0 0 16 1,768 5 16 186 4,597
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 0 4 82 0 0 17 178
Total Software Items 0 0 4 82 0 0 17 178


Statistics updated 2026-08-07