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 2 12 17 1,512
A quantitative perspective on optimal monetary policy cooperation between the US and the euro area 0 0 1 268 0 6 14 574
Adaptive learning, persistence, and optimal monetary policy 0 0 1 204 0 3 7 450
An estimated dynamic stochastic general equilibrium model of the euro area 1 2 15 2,898 5 12 39 4,944
An estimated stochastic dynamic general equilibrium model of the euro area 1 1 6 1,343 6 15 33 2,881
Are the effects of monetary policy in the euro area greater in recessions than in booms? 0 0 1 556 4 11 30 1,353
Asset Price Booms and Monetary Policy 0 0 0 19 3 6 13 156
Asset price booms and monetary policy 1 1 3 540 1 9 17 1,409
Banking Supervision, Monetary Policy and Risk-Taking: Big Data Evidence from 15 Credit Registers 0 0 0 14 0 7 12 66
Banking Supervision, Monetary Policy and Risk-Taking: Big Data Evidence from 15 Credit Registers 0 0 1 70 4 15 27 167
Banking Supervision, Monetary Policy and Risk-Taking: Big Data Evidence from 15 Credit Registers 0 0 0 16 1 11 18 122
Banking supervision, monetary policy and risk-taking: Big data evidence from 15 credit registers 0 0 0 53 1 4 7 120
Banking supervision, monetary policy and risk-taking: big data evidence from 15 credit registers 0 0 1 95 0 12 27 180
Booms and banking crises 0 0 0 210 6 13 17 466
Booms and systemic banking crises 0 0 0 291 3 10 11 759
Challenges for Central Banks' Macro Models 0 0 2 259 1 7 15 575
Challenges for Central Banks´ Macro Models 0 1 4 614 20 38 52 1,039
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 0 0 0 374 0 3 6 840
Comparing shocks and frictions in US and euro area business cycles: a Bayesian DSGE approach 0 0 1 602 0 5 14 1,163
Contagious Speculative Attacks 0 0 0 453 4 10 12 1,253
Contagious speculative attacks 0 0 0 151 2 7 11 423
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 2 13 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 5 11 108
Effects of State-Dependent Forward Guidance, Large-Scale Asset Purchases and Fiscal Stimulus in a Low-Interest-Rate Environment 0 0 1 21 2 5 12 65
Effects of State-Dependent Forward Guidance, Large-Scale Asset Purchases and Fiscal Stimulus in a Low-Interest-Rate Environment 0 0 1 77 0 7 12 177
Effects of state-dependent forward guidance, large-scale asset purchases and fiscal stimulus in a low-interest-rate environment 0 0 0 22 0 11 19 66
Effects of state-dependent forward guidance, large-scale asset purchases and fiscal stimulus in a low-interest-rate environment 0 0 0 60 0 6 11 128
Energy shocks as Keynesian supply shocks: implications for fiscal policy 1 2 8 71 5 16 35 143
Estimation of the Euro Area Output Gap Using the NAWM 0 0 1 276 0 5 9 570
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 1 6 8 126
Exchange Rate Regimes and the Expectations Hypothesis of the Term Structure 0 0 0 62 2 2 4 260
Exchange rate regimes and the expectations hypothesis of the term structure 0 0 0 28 1 21 26 133
Financial Asset Prices and Monetary Policy: Theory and Evidence 0 0 1 340 0 8 13 1,153
Financial asset prices and monetary policy: theory and evidence 0 0 0 118 4 8 18 434
Firm-Specific Production Factors in a DSGE Model with Taylor Price Setting 0 0 1 34 3 9 15 246
Firm-specific production factors in a DSGE model with Taylor price setting 0 0 0 82 1 2 4 381
Firm-specific production factors in a DSGE model with Taylor price setting 0 0 0 264 1 3 9 793
Forecasting with a Bayesian DSGE Model: An Application to the Euro Area 0 1 2 378 2 9 12 747
Forecasting with a Bayesian DSGE Model: an application to the euro area 0 0 0 389 2 6 17 863
Forecasting with a Bayesian DSGE model: an application to the euro area 0 0 0 362 2 7 11 686
House Prices and the stance of Monetary Policy 0 2 4 438 2 11 29 1,170
Imperfect Information and the Business Cycle 0 0 0 119 1 12 13 306
Imperfect information and the business cycle 0 0 0 104 1 5 16 532
Inflation and monetary policy in medium-sized New Keynesian DSGE models 5 6 45 45 10 35 76 76
Inflation persistence and price-setting behaviour in the euro area: a summary of the IPN evidence 0 0 0 8 4 12 16 92
Inflation persistence and price-setting behaviour in the euro area: a summary of the Inflation Persistence Network evidence 0 0 1 153 15 40 54 613
International transmission and monetary policy cooperation 0 0 0 314 0 4 12 787
Investment and monetary policy in the euro area 0 0 0 176 2 7 17 577
Is Time Ripe for Price Level Path Stability? 0 0 0 136 0 1 6 270
Is time ripe for price level path stability? 0 0 1 177 0 6 9 418
Labour market adjustments in Europe and the US: How different? 0 0 2 104 2 6 19 344
Macroprudential policy and the role of institutional investors in housing markets 0 0 0 20 2 5 12 45
Macroprudential policy and the role of institutional investors in housing markets 0 0 2 8 1 5 14 26
Market whiplash after the 2025 tariff shock: an event-targeted VAR approach 3 5 13 13 3 14 40 40
Measuring monetary policy shocks in France, Germany and Italy: The role of the exchange rate 0 0 0 112 2 8 11 346
Model uncertainty and the equilibrium value of the real effective euro exchange rate 0 0 0 188 0 3 4 833
Monetary Policy under Adaptive Learning 0 0 1 162 1 5 8 411
Monetary policy with profit-driven inflation 0 0 18 79 1 14 48 159
Monetary policy with profit-driven inflation 0 0 0 1 1 5 7 12
New Evidence on Inflation Persistence and Price Stickiness in the Euro Area: Implications for Macro Modelling 0 0 0 33 2 23 27 183
New evidence on inflation persistence and price stickiness in the Euro area: Implications for macro modelling 0 0 0 379 17 41 49 834
OPTIMAL MONETARY POLICY IN AN OPEN ECONOMY 0 0 0 0 1 6 14 1,035
On Implications of Micro Price Data for Macro Models 0 0 0 89 3 6 10 251
On implications of micro price data for macro models 0 0 0 252 9 22 28 643
On the Fit and Forecasting Performance of New Keynesian Models 0 0 0 366 4 7 13 853
On the fit and forecasting performance of New Keynesian models 0 0 0 476 0 11 19 958
On the fit and forecasting performance of New-Keynesian models 0 0 1 658 1 6 12 1,360
Online Appendix to "Structural Asymmetries and Financial Imbalances in the Eurozone" 0 0 0 15 4 9 13 66
Openness, imperfect exchange rate pass-through and monetary policy 0 0 2 419 1 4 11 1,022
Openness, imperfect exchange rate pass-through and monetary policy 0 0 1 727 1 13 18 1,697
Optimal Monetary Policy under Adaptive Learning 0 0 0 260 4 9 10 464
Output and interest rate gaps: Theory versus practice 0 0 0 0 4 7 9 388
Output gap uncertainty: does it matter for the Taylor rule? 1 1 1 116 3 12 19 318
Output gaps:theory versus practice 0 0 0 1 5 12 13 596
Parsing the pulse: decomposing macroeconomic sentiment with LLMs 4 10 42 42 16 58 101 101
Persistence, the Transmission Mechanism and Robust Monetary Policy 0 0 0 0 1 11 14 362
Persistence, the transmission mechanism and robust monetary policy 0 0 0 193 0 4 5 435
Pipeline Pressures and Sectoral Inflation Dynamics 1 1 5 106 4 16 37 391
Price Setting and Price Adjustment in Some European Union Countries: Introduction to the Special Issue 0 0 0 55 1 5 6 173
Price Setting and Price Adjustment in Some European Union Countries: Introduction to the Special Issue 0 0 0 51 1 6 12 158
Price setting and price adjustment in some European Union Countries: introduction to the special issue 0 0 0 0 2 8 10 23
Price setting in General Equilibrium: Alternative Specifications 0 0 0 0 2 8 12 602
Professional forecasters and the real-time forecasting performance of an estimated new keynesian model for the euro area 0 0 0 318 0 5 6 543
Real wages and monetary policy transmission in the euro area 0 0 0 284 2 5 7 590
Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach 0 5 6 1,822 2 16 33 3,199
Shocks and Frictions in US Business Cycles: a Bayesian DSGE Approach 0 2 5 1,494 1 37 62 2,923
Shocks and frictions in US business cycles: a Bayesian DSGE approach 1 5 33 2,990 9 31 124 5,258
Slow Recoveries: A Structural Interpretation 0 0 0 162 4 13 18 351
Slow Recoveries: A Structural Interpretation 0 0 0 54 1 9 12 137
Slow Recoveries: A Structural Interpretation 0 0 0 402 0 4 7 766
Slow recoveries: A structural interpretation 0 0 0 142 4 7 11 254
Slow recoveries: any role for corporate leverage? 0 0 0 160 2 6 10 251
Structural asymmetries and financial imbalances in the eurozone 0 0 0 143 1 10 15 207
System-wide Dividend Restrictions: Evidence and Theory 0 0 0 0 0 2 5 6
System-wide Dividend Restrictions: Evidence and Theory 0 0 0 15 0 3 7 37
System-wide dividend restrictions: evidence and theory 0 0 3 12 0 6 17 33
THE EFFECTIVENESS OF A NEGATIVE INTEREST RATE POLICY 0 0 0 226 4 8 12 501
The Determination of Wages of Newly Hired Employees: Survey Evidence on Internal versus External Factors 0 0 0 9 3 12 15 237
The Determination of Wages of Newly Hired Employees: Survey Evidence on Internal versus External Factors 0 0 0 41 6 14 15 202
The Effectiveness of a Negative Interest Rate Policy 0 0 2 32 0 8 19 113
The Monetary Transmission Mechanism: Evidence from the G-7 Countries 0 0 1 516 1 6 12 1,070
The New Keynesian Climate Model 2 5 17 17 7 27 64 64
The New Keynesian Climate Model 0 2 9 9 4 12 29 29
The New Keynesian Climate Model 2 3 27 70 4 37 126 168
The Term Structure of Euro-Rates: Some Evidence in Support of the Expectations Hypothesis 0 0 0 179 0 7 10 569
The determination of wages of newly hired employees: survey evidence on internal versus external factors 0 0 0 43 2 36 42 345
The determination of wages of newly hired employees: survey evidence on internal versus external factors 0 0 0 32 1 7 7 155
The first twenty years of the European Central Bank: monetary policy 1 1 3 133 2 10 14 219
The first twenty years of the European Central Bank: monetary policy 1 4 10 506 4 28 69 1,483
The industry effects of monetary policy in the euro area 0 0 1 425 2 9 17 1,187
The monetary transmission mechanism in the euro area: more evidence from VAR analysis 1 5 10 1,044 5 24 45 2,098
The monetary transmission mechanism: Evidence from the G-7 countries 0 0 0 292 3 10 14 664
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 1 11 22 103
The optimal quantity of CBDC in a bank-based economy 2 3 5 66 12 34 50 209
The optimal quantity of CBDC in a bank-based economy 1 1 5 51 2 15 36 114
The optimal quantity of CBDC in a bank-based economy 3 3 11 96 10 23 60 232
The positive neutral countercyclical capital buffer 1 2 13 13 4 25 51 51
The term structure of Euro-rates: some evidence in support of the expectations hypothesis 0 0 0 57 1 6 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 1 7 12 385
Uncertain Potential Output: Implications for Monetary Policy 0 0 0 0 0 5 6 484
Uncertain Potential Output: Implications for Monetary Policy 0 0 0 1 0 2 5 432
Uncertain potential output: implications for monetary policy 0 0 0 296 0 0 3 878
Understanding low inflation in the euro area from 2013 to 2019: cyclical and structural drivers 0 0 3 42 1 7 16 106
Unemployment in an Estimated New Keynesian Model 0 0 0 823 0 17 30 1,376
Unemployment in an Estimated New Keynesian Model 0 0 0 48 2 6 10 312
Unemployment in an Estimated New Keynesian Model 0 0 0 83 34 85 94 345
Unemployment in an Estimated New Keynesian Model 0 0 2 138 2 18 27 319
Unemployment in an Estimated New Keynesian Model 0 2 2 324 0 10 18 854
Unemployment in an Estimated New Keynesian model 0 0 0 43 43 126 135 286
Unemployment in an estimated new Keynesian model 0 0 0 186 2 12 14 813
Welfare analysis of non-fundamental asset price and investment shocks: Implications for monetary policy 0 0 0 1 5 9 10 352
What horizon for price stability 0 0 1 421 2 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 1 7 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 15 18 354
Total Working Papers 33 76 362 34,223 425 1,724 3,039 83,760
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 3 9 14 1 6 20 32
A monetary policy strategy in good and bad times: lessons from the recent past 0 0 0 131 1 3 8 511
Adaptive Learning, Persistence, and Optimal Monetary Policy 1 1 1 257 2 7 23 841
An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area 4 9 53 4,767 15 51 179 9,566
Bayesian New Neoclassical Synthesis (NNS) Models: Modern Tools for Central Banks 0 0 0 247 0 6 9 580
Booms and Banking Crises 0 0 0 251 2 8 25 847
Comment 0 0 0 1 0 3 6 7
Comment expliquer la faiblesse durable des taux directeurs dans la zone euro ? 0 0 0 3 2 4 5 22
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 3 3 79
Commetary: modeling inflation after the crisis 0 0 0 8 1 5 6 59
Comparing shocks and frictions in US and euro area business cycles: a Bayesian DSGE Approach 0 0 0 7 1 4 10 33
Comparing shocks and frictions in US and euro area business cycles: a Bayesian DSGE Approach 1 1 2 1,142 1 11 20 2,214
Contagious speculative attacks 0 0 0 308 2 8 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 7 14 865
Determinants of the Effective Real Exchange Rate of the Synthetic Euro: Alternative Methodological Approaches 0 0 0 171 0 2 5 604
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 2 6 8 27
Downward Wage Rigidities and Optimal Monetary Policy in a Monetary Union 0 0 1 100 0 4 8 255
Editor'S Choice Labour market adjustments and migration in Europe and the United States: how different? 0 0 0 30 0 4 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 8 20 77
Energy shocks as Keynesian supply shocks: Implications for fiscal policy 0 0 8 10 2 6 27 31
Financial Stability and Monetary Policy: How Closely Interlinked? 1 3 13 506 6 29 74 1,400
Firm-Specific Production Factors in a DSGE Model with Taylor Price Setting 0 1 1 142 0 3 7 402
Forecasting with a Bayesian DSGE Model: An Application to the Euro Area 0 0 0 188 0 5 10 469
House prices and the stance of monetary policy 0 0 3 446 4 9 36 1,159
Housing is the business cycle: commentary 0 0 0 72 1 3 3 182
Imperfect information and the business cycle 0 0 0 25 0 5 12 104
Investment and monetary policy in the euro area 0 0 1 103 1 4 10 432
MCIs and monetary policy 0 0 1 299 2 8 12 566
MONETARY POLICY OVER TIME 0 0 0 116 4 11 13 284
Maintaining price stability: how long is the medium term? 1 1 2 235 8 31 34 738
Measuring Monetary Policy Shocks in France, Germany and Italy: The Role of The Exchange Rate 1 1 1 67 2 7 9 165
Monetary Policy in Uncertain Times: ECB Monetary Policy Since June 2014 0 0 1 67 0 4 8 136
Monetary Policy, Price Stability and Output Gap Stabilization 0 2 2 188 1 3 7 651
Monetary and Fiscal Policy Interactions and the Labor Market 0 0 0 25 1 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 0 4 7 561
On implications of micro price data for macro models 0 0 0 111 2 9 16 352
On the Fit of New Keynesian Models 2 2 2 466 6 12 21 876
Openness, imperfect exchange rate pass-through and monetary policy 0 0 4 452 0 4 17 928
Output gap uncertainty: Does it matter for the Taylor rule? 0 0 0 265 3 24 30 752
Output gaps and monetary policy in the EMU area1 0 1 1 281 1 5 9 572
Persistence, The Transmission Mechanism And Robust Monetary Policy 0 0 1 85 1 11 17 306
Price Level Stability: Some Issues 0 0 0 9 0 2 3 33
Price Level Stability: Some Issues 0 0 0 1 0 4 5 7
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 8 11 288
Price setting and price adjustment in some European Union Countries: introduction to the special issue 0 0 0 53 1 5 5 184
Professional forecasters and real-time forecasting with a DSGE model 0 1 1 105 0 3 8 266
Rejoinder 0 0 0 80 2 15 18 192
Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach 5 16 43 5,170 22 68 179 10,496
Slow Recoveries: A Structural Interpretation 0 1 1 199 3 10 10 603
Slow Recoveries: A Structural Interpretation 0 0 0 9 1 5 5 31
Slow recoveries: Any role for corporate leverage? 0 0 1 38 0 2 4 131
Some Macroeconomic and Monetary Policy Implications of New Micro Evidence on Wage Dynamics 0 0 0 141 1 6 11 330
Staggered Pricing Models Face the Facts 0 0 0 86 1 5 6 273
Structural Asymmetries and Financial Imbalances in the Eurozone 0 0 1 54 2 6 12 248
The European Central Bank’s Monetary Policy during Its First 20 Years 0 0 2 56 3 5 13 243
The Industry Effects of Monetary Policy in the Euro Area 0 0 0 392 0 11 26 1,252
The Optimal Quantity of CBDC in a Bank-Based Economy 0 3 13 27 2 15 72 108
The Taylor Rule: A Useful Monetary Policy Benchmark for the Euro Area? 0 0 2 379 3 10 15 830
The determination of wages of newly hired employees: Survey evidence on internal versus external factors 0 0 0 38 0 9 18 229
The effectiveness of a negative interest rate policy 0 0 4 24 3 10 27 77
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 1 5 7 362
US imbalances: The role of technology and policy 0 1 1 96 5 11 13 277
Uncertain potential output: implications for monetary policy 0 0 1 153 0 7 13 408
Uncertainty, Risk-taking, and the Business Cycle in Germany 0 0 2 234 0 3 11 590
Unemployment in an Estimated New Keynesian Model 0 2 6 446 3 16 31 1,122
Wage dynamics in Europe: some new findings 0 0 0 8 2 6 7 55
Total Journal Articles 16 49 190 20,674 133 617 1,338 48,545
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 1 9 13 149
Commodities, Energy and Finance 0 0 0 74 0 3 6 480
Total Books 0 0 0 93 1 12 19 629


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 0 7 31 217
Comment on "Reflections on Monetary Policy in the Open Economy" 0 0 0 15 0 10 12 71
Financial-asset Prices and Monetary Policy: Theory and Evidence 0 0 0 134 0 6 11 377
Inflation Expectations, Adaptive Learning and Optimal Monetary Policy 1 2 5 226 2 10 18 612
International Transmission and Monetary Policy Cooperation 0 0 1 129 0 6 19 466
Negative Interest Rates: Lessons from the Euro Area 0 1 13 604 0 12 47 1,505
Unemployment in an Estimated New Keynesian Model 0 2 2 517 2 16 28 1,053
Welfare analysis of non-fundamental asset price and investment shocks: implications for monetary policy 0 0 0 85 1 5 14 237
Total Chapters 1 5 27 1,765 5 72 180 4,538
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 6 81 0 4 20 173
Total Software Items 0 1 6 81 0 4 20 173


Statistics updated 2026-03-04