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 2 581 0 1 6 1,497
A quantitative perspective on optimal monetary policy cooperation between the US and the euro area 0 0 3 268 0 1 7 563
Adaptive learning, persistence, and optimal monetary policy 0 0 2 203 0 1 3 444
An estimated dynamic stochastic general equilibrium model of the euro area 0 3 19 2,893 1 6 39 4,918
An estimated stochastic dynamic general equilibrium model of the euro area 0 2 6 1,339 2 8 21 2,859
Are the effects of monetary policy in the euro area greater in recessions than in booms? 0 0 3 556 0 6 26 1,330
Asset Price Booms and Monetary Policy 0 0 1 19 0 0 2 144
Asset price booms and monetary policy 0 1 2 539 0 1 6 1,394
Banking Supervision, Monetary Policy and Risk-Taking: Big Data Evidence from 15 Credit Registers 0 0 0 14 0 1 2 55
Banking Supervision, Monetary Policy and Risk-Taking: Big Data Evidence from 15 Credit Registers 1 1 3 70 3 5 14 146
Banking Supervision, Monetary Policy and Risk-Taking: Big Data Evidence from 15 Credit Registers 0 0 2 16 2 2 9 107
Banking supervision, monetary policy and risk-taking: Big data evidence from 15 credit registers 0 0 1 53 0 0 8 113
Banking supervision, monetary policy and risk-taking: big data evidence from 15 credit registers 0 0 1 94 3 5 9 158
Booms and banking crises 0 0 2 210 1 2 10 452
Booms and systemic banking crises 0 0 1 291 0 0 5 748
Challenges for Central Banks' Macro Models 0 1 3 258 1 4 13 564
Challenges for Central Banks´ Macro Models 1 2 7 612 1 6 23 995
Comparing Shocks and Frictions in US and Euro Area Business Cycles: A Bayesian DSGE Approach 0 0 2 339 0 0 6 809
Comparing shocks and frictions in US and euro area business cycles: a Bayesian DSGE approach 0 0 1 374 0 0 4 835
Comparing shocks and frictions in US and euro area business cycles: a Bayesian DSGE approach 0 0 1 602 1 2 9 1,153
Contagious Speculative Attacks 0 0 1 453 0 0 4 1,241
Contagious speculative attacks 0 0 0 151 0 0 0 412
Differences in Interest Rate Policy at the ECB and the Fed: An Investigation with a Medium-Scale DSGE Model 0 0 3 161 0 0 5 412
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 4 42
Differences in interest rate policy at the ECB and the Fed: an investigation with a medium-scale DSGE model 0 0 0 13 2 2 4 100
Effects of State-Dependent Forward Guidance, Large-Scale Asset Purchases and Fiscal Stimulus in a Low-Interest-Rate Environment 0 0 1 77 0 0 3 168
Effects of State-Dependent Forward Guidance, Large-Scale Asset Purchases and Fiscal Stimulus in a Low-Interest-Rate Environment 0 0 1 20 0 1 9 54
Effects of state-dependent forward guidance, large-scale asset purchases and fiscal stimulus in a low-interest-rate environment 0 0 1 60 1 2 6 119
Effects of state-dependent forward guidance, large-scale asset purchases and fiscal stimulus in a low-interest-rate environment 0 0 1 22 2 3 5 50
Energy shocks as Keynesian supply shocks: implications for fiscal policy 1 3 19 68 2 7 42 121
Estimation of the Euro Area Output Gap Using the NAWM 0 0 2 276 0 1 11 563
Evidence from Surveys of Price-Setting Managers: Policy Lessons and Directions for Ongoing Research 0 0 0 89 0 0 0 285
Evidence from surveys of price-setting managers: Policy lessons and directions for ongoing research 0 0 0 13 0 0 1 118
Exchange Rate Regimes and the Expectations Hypothesis of the Term Structure 0 0 0 62 1 1 2 257
Exchange rate regimes and the expectations hypothesis of the term structure 0 0 0 28 0 0 4 108
Financial Asset Prices and Monetary Policy: Theory and Evidence 0 0 0 339 0 0 3 1,140
Financial asset prices and monetary policy: theory and evidence 0 0 0 118 1 2 4 419
Firm-Specific Production Factors in a DSGE Model with Taylor Price Setting 0 1 1 34 1 2 8 234
Firm-specific production factors in a DSGE model with Taylor price setting 0 0 0 264 0 1 3 786
Firm-specific production factors in a DSGE model with Taylor price setting 0 0 0 82 0 0 2 377
Forecasting with a Bayesian DSGE Model: An Application to the Euro Area 0 1 1 377 0 2 9 737
Forecasting with a Bayesian DSGE Model: an application to the euro area 0 0 1 389 1 1 10 851
Forecasting with a Bayesian DSGE model: an application to the euro area 0 0 1 362 0 0 6 676
House Prices and the stance of Monetary Policy 0 0 7 434 3 6 26 1,149
Imperfect Information and the Business Cycle 0 0 0 119 0 0 2 294
Imperfect information and the business cycle 0 0 1 104 0 1 3 517
Inflation persistence and price-setting behaviour in the euro area: a summary of the IPN evidence 0 0 0 8 0 2 9 78
Inflation persistence and price-setting behaviour in the euro area: a summary of the Inflation Persistence Network evidence 0 0 1 152 0 0 10 559
International transmission and monetary policy cooperation 0 0 1 314 0 0 6 778
Investment and monetary policy in the euro area 0 0 1 176 1 2 8 563
Is Time Ripe for Price Level Path Stability? 0 0 3 136 0 1 4 265
Is time ripe for price level path stability? 0 0 0 176 0 0 1 409
Labour market adjustments in Europe and the US: How different? 0 0 2 103 2 4 11 330
Macroprudential policy and the role of institutional investors in housing markets 0 0 0 20 1 2 5 36
Macroprudential policy and the role of institutional investors in housing markets 0 1 4 7 0 3 9 17
Measuring monetary policy shocks in France, Germany and Italy: The role of the exchange rate 0 0 0 112 0 0 3 336
Model uncertainty and the equilibrium value of the real effective euro exchange rate 0 0 0 188 0 0 2 829
Monetary Policy under Adaptive Learning 0 0 1 161 0 0 4 404
Monetary policy with profit-driven inflation 1 8 36 73 3 14 85 135
Monetary policy with profit-driven inflation 0 0 1 1 0 0 5 5
New Evidence on Inflation Persistence and Price Stickiness in the Euro Area: Implications for Macro Modelling 0 0 0 33 0 0 3 156
New evidence on inflation persistence and price stickiness in the Euro area: Implications for macro modelling 0 0 0 379 0 1 1 786
OPTIMAL MONETARY POLICY IN AN OPEN ECONOMY 0 0 0 0 1 4 8 1,026
On Implications of Micro Price Data for Macro Models 0 0 0 89 0 0 2 242
On implications of micro price data for macro models 0 0 0 252 1 1 4 616
On the Fit and Forecasting Performance of New Keynesian Models 0 0 1 366 0 0 3 840
On the fit and forecasting performance of New Keynesian models 0 0 1 476 0 1 6 942
On the fit and forecasting performance of New-Keynesian models 0 1 2 658 1 3 12 1,352
Online Appendix to "Structural Asymmetries and Financial Imbalances in the Eurozone" 0 0 1 15 0 0 3 53
Openness, imperfect exchange rate pass-through and monetary policy 0 1 1 418 0 2 5 1,014
Openness, imperfect exchange rate pass-through and monetary policy 0 1 2 727 0 1 5 1,680
Optimal Monetary Policy under Adaptive Learning 0 0 2 260 0 0 4 455
Output and interest rate gaps: Theory versus practice 0 0 0 0 0 0 1 379
Output gap uncertainty: does it matter for the Taylor rule? 0 0 0 115 0 0 4 299
Output gaps:theory versus practice 0 0 0 1 0 0 1 583
Persistence, the Transmission Mechanism and Robust Monetary Policy 0 0 0 0 1 1 1 349
Persistence, the transmission mechanism and robust monetary policy 0 0 0 193 0 1 1 431
Pipeline Pressures and Sectoral Inflation Dynamics 0 1 10 103 2 8 37 365
Price Setting and Price Adjustment in Some European Union Countries: Introduction to the Special Issue 0 0 0 55 0 0 0 167
Price Setting and Price Adjustment in Some European Union Countries: Introduction to the Special Issue 0 0 0 51 0 1 3 149
Price setting and price adjustment in some European Union Countries: introduction to the special issue 0 0 0 0 0 0 0 13
Price setting in General Equilibrium: Alternative Specifications 0 0 0 0 0 1 2 592
Professional forecasters and the real-time forecasting performance of an estimated new keynesian model for the euro area 0 0 1 318 0 0 4 537
Real wages and monetary policy transmission in the euro area 0 0 3 284 1 1 8 584
Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach 0 1 8 1,817 1 8 32 3,178
Shocks and Frictions in US Business Cycles: a Bayesian DSGE Approach 0 2 13 1,492 2 7 37 2,872
Shocks and frictions in US business cycles: a Bayesian DSGE approach 1 13 40 2,979 6 41 103 5,194
Slow Recoveries: A Structural Interpretation 0 0 1 162 0 0 2 333
Slow Recoveries: A Structural Interpretation 0 0 0 402 1 1 1 760
Slow Recoveries: A Structural Interpretation 0 0 0 54 0 0 0 125
Slow recoveries: A structural interpretation 0 0 0 142 0 0 3 244
Slow recoveries: any role for corporate leverage? 0 0 0 160 0 2 5 244
Structural asymmetries and financial imbalances in the eurozone 0 0 0 143 0 2 3 195
System-wide Dividend Restrictions: Evidence and Theory 0 0 0 15 0 1 5 31
System-wide Dividend Restrictions: Evidence and Theory 0 0 0 0 0 0 1 1
System-wide dividend restrictions: evidence and theory 1 1 4 11 1 2 8 20
THE EFFECTIVENESS OF A NEGATIVE INTEREST RATE POLICY 0 0 1 226 1 2 5 491
The Determination of Wages of Newly Hired Employees: Survey Evidence on Internal versus External Factors 0 0 0 9 0 0 4 223
The Determination of Wages of Newly Hired Employees: Survey Evidence on Internal versus External Factors 0 0 0 41 0 0 0 187
The Effectiveness of a Negative Interest Rate Policy 0 0 3 30 3 4 17 99
The Monetary Transmission Mechanism: Evidence from the G-7 Countries 0 1 2 516 2 3 9 1,061
The New Keynesian Climate Model 3 6 8 8 6 16 19 19
The New Keynesian Climate Model 0 4 6 6 0 4 8 8
The New Keynesian Climate Model 2 11 59 59 6 39 102 102
The Term Structure of Euro-Rates: Some Evidence in Support of the Expectations Hypothesis 0 0 0 179 0 1 5 560
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 0 0 1 304
The first twenty years of the European Central Bank: monetary policy 0 0 1 131 0 0 3 207
The first twenty years of the European Central Bank: monetary policy 0 2 14 501 3 10 67 1,435
The industry effects of monetary policy in the euro area 0 0 1 424 0 2 16 1,174
The monetary transmission mechanism in the euro area: more evidence from VAR analysis 0 0 9 1,037 0 6 38 2,064
The monetary transmission mechanism: Evidence from the G-7 countries 0 0 2 292 1 1 7 652
The need for an inflation buffer in the ECB’s price stability objective – the role of nominal rigidities and inflation differentials 0 0 2 31 0 2 14 85
The optimal quantity of CBDC in a bank-based economy 0 1 8 50 2 4 33 92
The optimal quantity of CBDC in a bank-based economy 1 1 8 62 2 3 31 165
The optimal quantity of CBDC in a bank-based economy 1 3 7 88 4 10 40 190
The term structure of Euro-rates: some evidence in support of the expectations hypothesis 0 0 0 57 1 2 3 195
US Imbalances: The Role of Technology and Policy 0 0 0 58 0 1 1 260
US imbalances: the role of technology and policy 0 0 0 138 0 0 0 373
Uncertain Potential Output: Implications for Monetary Policy 0 0 0 0 0 0 0 478
Uncertain Potential Output: Implications for Monetary Policy 0 0 0 1 0 1 3 428
Uncertain potential output: implications for monetary policy 0 0 0 296 0 0 2 875
Understanding low inflation in the euro area from 2013 to 2019: cyclical and structural drivers 0 0 6 42 0 1 18 99
Unemployment in an Estimated New Keynesian Model 0 0 0 83 0 1 3 253
Unemployment in an Estimated New Keynesian Model 0 0 3 322 0 4 21 842
Unemployment in an Estimated New Keynesian Model 0 0 3 823 1 2 13 1,351
Unemployment in an Estimated New Keynesian Model 0 0 0 48 0 0 2 302
Unemployment in an Estimated New Keynesian Model 0 0 3 138 0 1 8 296
Unemployment in an Estimated New Keynesian model 0 0 0 43 1 2 2 153
Unemployment in an estimated new Keynesian model 0 0 1 186 0 0 2 799
Welfare analysis of non-fundamental asset price and investment shocks: Implications for monetary policy 0 0 0 1 0 0 1 342
What horizon for price stability 0 0 3 421 0 1 8 1,444
Why Does the Yield Curve Predict Economic Activity? Dissecting the Evidence for Germany and the United States 0 0 1 228 0 0 3 1,095
Why does the yield curve predict economic activity? Dissecting the evidence for Germany and the United States 0 0 2 100 2 2 7 339
Total Working Papers 13 74 396 33,993 89 327 1,397 81,255
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 3 9 10 1 4 19 22
A monetary policy strategy in good and bad times: lessons from the recent past 0 0 0 131 2 2 4 505
Adaptive Learning, Persistence, and Optimal Monetary Policy 0 0 1 256 5 7 17 828
An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area 2 13 61 4,742 9 43 181 9,467
Bayesian New Neoclassical Synthesis (NNS) Models: Modern Tools for Central Banks 0 0 2 247 0 2 7 573
Booms and Banking Crises 0 0 3 251 2 4 30 831
Comment 0 0 0 1 0 0 0 1
Comment expliquer la faiblesse durable des taux directeurs dans la zone euro ? 0 0 0 3 0 0 4 18
Commentaire de l'article de F. Barran, V. Coudert et B. Mojon 0 0 0 7 0 0 3 46
Comments on "Mark-up fluctuations and fiscal policy stabilisation in a monetary union" 0 0 0 15 0 0 0 76
Commetary: modeling inflation after the crisis 0 0 0 8 0 0 2 53
Comparing shocks and frictions in US and euro area business cycles: a Bayesian DSGE Approach 0 0 0 7 0 0 2 23
Comparing shocks and frictions in US and euro area business cycles: a Bayesian DSGE Approach 0 0 3 1,141 1 2 11 2,198
Contagious speculative attacks 0 0 0 308 1 1 5 792
Convergence and divergence in government bond markets: implications for monetary policy 0 0 0 42 0 1 5 161
DSGE models and their use at the ECB 1 1 3 420 1 2 4 853
Determinants of the Effective Real Exchange Rate of the Synthetic Euro: Alternative Methodological Approaches 0 0 0 171 0 1 3 601
Differences in Interest Rate Policy at the ECB and the Fed: An Investigation with a Medium-Scale DSGE Model 0 0 0 216 0 0 3 587
Differences in Interest Rate Policy at the ECB and the Fed: An Investigation with a Medium‐Scale DSGE Model 0 0 0 6 0 1 1 20
Downward Wage Rigidities and Optimal Monetary Policy in a Monetary Union 0 0 0 99 0 0 0 247
Editor'S Choice Labour market adjustments and migration in Europe and the United States: how different? 0 0 0 30 0 2 3 119
Effects of State‐Dependent Forward Guidance, Large‐Scale Asset Purchases, and Fiscal Stimulus in a Low‐Interest‐Rate Environment 0 1 6 16 0 2 18 61
Energy shocks as Keynesian supply shocks: Implications for fiscal policy 0 2 8 8 0 5 19 19
Financial Stability and Monetary Policy: How Closely Interlinked? 0 5 16 500 0 18 61 1,353
Firm-Specific Production Factors in a DSGE Model with Taylor Price Setting 0 0 0 141 0 2 13 397
Forecasting with a Bayesian DSGE Model: An Application to the Euro Area 0 0 0 188 0 1 3 460
House prices and the stance of monetary policy 0 0 10 444 0 4 33 1,134
Housing is the business cycle: commentary 0 0 0 72 0 0 3 179
Imperfect information and the business cycle 0 0 0 25 2 4 5 97
Investment and monetary policy in the euro area 0 0 0 102 0 0 6 423
MCIs and monetary policy 0 1 2 299 1 3 7 557
MONETARY POLICY OVER TIME 0 0 0 116 0 0 0 271
Maintaining price stability: how long is the medium term? 0 0 0 233 0 0 1 704
Measuring Monetary Policy Shocks in France, Germany and Italy: The Role of The Exchange Rate 0 0 0 66 0 1 3 157
Monetary Policy in Uncertain Times: ECB Monetary Policy Since June 2014 1 1 3 67 2 2 7 130
Monetary Policy, Price Stability and Output Gap Stabilization 0 0 1 186 0 0 4 646
Monetary and Fiscal Policy Interactions and the Labor Market 0 0 1 25 0 0 1 48
Monetary policy and imperfect knowledge 0 0 0 8 0 1 2 63
Monetary policy in an estimated stochastic dynamic general equilibrium model of the Euro area 0 0 0 598 0 0 2 1,632
New Evidence on Inflation Persistence and Price Stickiness in the Euro Area: Implications for Macro Modeling 0 0 0 172 0 0 1 554
On implications of micro price data for macro models 0 0 0 111 0 1 7 337
On the Fit of New Keynesian Models 0 0 3 464 0 0 7 856
Openness, imperfect exchange rate pass-through and monetary policy 0 3 4 451 0 4 10 917
Output gap uncertainty: Does it matter for the Taylor rule? 0 0 0 265 1 1 8 724
Output gaps and monetary policy in the EMU area1 0 0 0 280 1 1 7 565
Persistence, The Transmission Mechanism And Robust Monetary Policy 0 1 1 85 0 1 2 290
Price Level Stability: Some Issues 0 0 0 9 1 1 1 31
Price Level Stability: Some Issues 0 0 0 1 0 0 0 2
Price Setting and Price Adjustment in Some European Union Countries 0 0 0 1 0 0 0 8
Price Shocks in General Equilibrium: Alternative Specifications 0 0 0 110 0 1 2 278
Price setting and price adjustment in some European Union Countries: introduction to the special issue 0 0 0 53 0 0 0 179
Professional forecasters and real-time forecasting with a DSGE model 0 0 2 104 0 2 12 260
Rejoinder 0 0 0 80 0 0 1 174
Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach 3 13 72 5,146 10 36 197 10,376
Slow Recoveries: A Structural Interpretation 0 0 0 198 0 0 4 593
Slow Recoveries: A Structural Interpretation 0 0 0 9 0 0 1 26
Slow recoveries: Any role for corporate leverage? 0 0 0 37 1 1 3 128
Some Macroeconomic and Monetary Policy Implications of New Micro Evidence on Wage Dynamics 0 0 0 141 0 2 4 322
Staggered Pricing Models Face the Facts 0 0 0 86 0 0 3 268
Structural Asymmetries and Financial Imbalances in the Eurozone 0 0 1 54 1 2 6 240
The European Central Bank’s Monetary Policy during Its First 20 Years 0 0 0 54 0 3 8 235
The Industry Effects of Monetary Policy in the Euro Area 0 0 0 392 0 1 9 1,229
The Optimal Quantity of CBDC in a Bank-Based Economy 1 1 19 19 4 23 69 69
The Taylor Rule: A Useful Monetary Policy Benchmark for the Euro Area? 0 1 2 378 0 1 7 818
The determination of wages of newly hired employees: Survey evidence on internal versus external factors 0 0 0 38 0 0 13 220
The effectiveness of a negative interest rate policy 1 1 5 23 1 5 19 58
The term structure of Euro-rates: some evidence in support of the expectations hypothesis 0 0 2 138 0 0 6 349
Transparency, Communication and Commitment 0 0 0 137 0 0 0 355
US imbalances: The role of technology and policy 0 0 0 95 0 1 1 265
Uncertain potential output: implications for monetary policy 0 0 1 153 1 2 7 398
Uncertainty and the Taylor rule in a simple model of the Euro-area economy 0 0 0 2 0 1 6 646
Uncertainty, Risk-taking, and the Business Cycle in Germany 0 0 6 233 1 2 12 583
Unemployment in an Estimated New Keynesian Model 1 3 12 443 2 6 34 1,100
Wage dynamics in Europe: some new findings 0 0 0 8 0 0 1 48
Total Journal Articles 11 50 259 21,175 51 213 960 49,853


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 2 2 138
Commodities, Energy and Finance 0 0 0 74 0 1 4 476
Total Books 0 0 0 93 1 3 6 614


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 1 5 8 54 3 13 21 200
Comment on "Reflections on Monetary Policy in the Open Economy" 0 0 0 15 0 0 1 59
Financial-asset Prices and Monetary Policy: Theory and Evidence 0 0 0 134 0 1 4 368
Inflation Expectations, Adaptive Learning and Optimal Monetary Policy 0 1 4 222 0 2 11 597
International Transmission and Monetary Policy Cooperation 0 0 0 128 0 1 5 450
Negative Interest Rates: Lessons from the Euro Area 1 5 20 599 5 15 60 1,480
Unemployment in an Estimated New Keynesian Model 0 0 1 515 8 8 13 1,034
Welfare analysis of non-fundamental asset price and investment shocks: implications for monetary policy 0 0 0 85 0 0 1 223
Total Chapters 2 11 33 1,752 16 40 116 4,411
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 11 78 1 2 21 161
Total Software Items 0 0 11 78 1 2 21 161


Statistics updated 2025-08-05