Identification at the zero lower bound

DOI10.3982/ECTA17388MaRDI QIDQ3390572zbMATH OpenFDO

Authors Sophocles Mavroeidis

Publication date 24 March 2022

Published in Econometrica (Search for Journal in Brave)

Copyright license Creative Commons Attribution 4.0 International

zbMATH Keywords

censoringmonetary policypartial identificationcoherencySVARshadow rate

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Interest rates, asset pricing, etc. (stochastic models) (91G30)

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Cited in

(14)

• SVARs with occasionally-binding constraints
• A fixed rehearsal capacity interpretation of limits on absolute identification performance
• A shadow rate New Keynesian model
• The effects of monetary policy on stock market bubbles at zero lower bound: revisiting the evidence
• Risk aversion, uncertainty, and monetary policy in zero lower bound environments
• Finite identification with positive and with complete data
• Re-vitalizing money demand in the euro area. Still valid at the zero-lower bound
• Uncovered interest parity and monetary policy near and far from the zero lower bound
• (Un)conventional policy and the effective lower bound
• The importance of supply and demand for oil prices: Evidence from non‐Gaussianity
• A reconsideration of money growth rules
• Nowcasting the output gap with shadow rates
• Unconventional monetary policy in a small open economy
• Measuring the stance of monetary policy in zero lower bound environments

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