Michael Kumhof
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- Inequality, Leverage, and Crises (RePEc:aea:aecrev:v:105:y:2015:i:3:p:1217-45)
by Michael Kumhof & Romain Rancière & Pablo Winant - Effects of Fiscal Stimulus in Structural Models (RePEc:aea:aejmac:v:4:y:2012:i:1:p:22-68)
by Günter Coenen & Christopher J. Erceg & Charles Freedman & Davide Furceri & Michael Kumhof & René Lalonde & Douglas Laxton & Jesper Lindé & Annabelle Mourougane & Dirk Muir & Susanna Mursula & Carlos d - On the Benefits of Exchange Rate Flexibility under Endogenous Tradedness of Goods (RePEc:ags:pugtwp:331319)
by Kumhof, Michael & Laxton, Doug & Naknoi, Kanda - Deep Reinforcement Learning in a Monetary Model (RePEc:arx:papers:2104.09368)
by Mingli Chen & Andreas Joseph & Michael Kumhof & Xinlei Pan & Xuan Zhou - CBDC policies in open economies (RePEc:bis:biswps:1086)
by Andrej Sokol & Michael Kumhof & Marco Pinchetti & Phurichai Rungcharoenkitkul - How does international capital flow? (RePEc:bis:biswps:890)
by Michael Kumhof & Phurichai Rungcharoenkitkul & Andrej Sokol - International Capital Mobility in Emerging Markets: New Evidence from Daily Data (RePEc:bla:reviec:v:9:y:2001:i:4:p:626-640)
by Michael Kumhof - Banks are not intermediaries of loanable funds – and why this matters (RePEc:boe:boeewp:0529)
by Jakab, Zoltan & Kumhof, Michael - The macroeconomics of central bank issued digital currencies (RePEc:boe:boeewp:0605)
by Barrdear, John & Kumhof, Michael - Central bank digital currencies - design principles and balance sheet implications (RePEc:boe:boeewp:0725)
by Kumhof, Michael & Noone, Clare - Banks, money and the zero lower bound on deposit rates (RePEc:boe:boeewp:0752)
by Kumhof, Michael & Wang, Xuan - Banks are not intermediaries of loanable funds — facts, theory and evidence (RePEc:boe:boeewp:0761)
by Jakab, Zoltan & Kumhof, Michael - Towards a new monetary theory of exchange rate determination (RePEc:boe:boeewp:0817)
by Cesa-Bianchi, Ambrogio & Kumhof, Michael & Sokol, Andrej & Thwaites, Gregory - How does international capital flow? (RePEc:boe:boeewp:0884)
by Kumhof, Michael & Rungcharoenkitkul, Phurichai & Sokol, Andrej - Quantitative easing and quantitative tightening: the money channel (RePEc:boe:boeewp:1090)
by Kumhof, Michael & Salgado-Moreno, Mauricio - CBDC Policies in Open Economies (RePEc:cfm:wpaper:2309)
by Michael Kumhof & Marco Pinchetti & Phurichai Rungcharoenkitkul & Andrej Sokol - Chile’s Structural Fiscal Surplus Rule: a Model-Based Evaluation (RePEc:chb:bcchec:v:13:y:2010:i:3:p:5-32)
by Michael Kumhof & Douglas Laxton - A Critical View of Inflation Targeting: Crises, Limited Sustaintability, and Aggregate Shocks (RePEc:chb:bcchsb:v05c08pp349-394)
by Michael Kumhof - A Critical View of Inflation Targeting: Crises, Limited Sustainability, and Aggregate Shocks (RePEc:chb:bcchwp:127)
by Michael Kumhof - Pricing Policies and Inflation Inertia (RePEc:chb:bcchwp:232)
by Luis Felipe Céspedes & Michael Kumhof & Eric Parrado - Chile’s Structural Fiscal Surplus Rule: a Model – Based Evaluation (RePEc:chb:bcchwp:602)
by Michael Kumhof & Douglas Laxton - An Economy in Transition and DSGE: What the Czech National Bank’s New Projection Model Needs (RePEc:cnb:wpaper:2005/12)
by Jaromir Benes & Tibor Hledik & Michael Kumhof & David Vavra - Measures of Potential Output from an Estimated DSGE Model of the United States (RePEc:cnb:wpaper:2006/11)
by Michel Juillard & Ondrej Kamenik & Michael Kumhof & Douglas Laxton - Central Bank Money: Liability, Asset, or Equity of the Nation? (RePEc:cpr:ceprdp:15521)
by Kumhof, Michael & Allen, Jason & Bateman, Will & Lastra, Rosa & Gleeson, Simon & Omarova, Saule - How Does International Capital Flow? (RePEc:cpr:ceprdp:15526)
by Kumhof, Michael & Sokol, Andrej & Rungcharoenkitkul, Phurichai - Post-Corona Balanced-Budget Super-Stimulus: The Case for Shifting Taxes onto Land (RePEc:cpr:ceprdp:16652)
by Kumhof, Michael & Tideman, Nicolaus & Hudson, Michael & Goodhart, Charles - CBDC Policies in Open Economies (RePEc:cpr:ceprdp:17982)
by Kumhof, Michael & Pinchetti, Marco & Rungcharoenkitkul, Phurichai & Sokol, Andrej - Quantitative Easing and Quantitative Tightening: The Money Channel (RePEc:cpr:ceprdp:19228)
by Kumhof, Michael & Salgado-Moreno, Mauricio - Inequality, Leverage and Crises (RePEc:cpr:ceprdp:8179)
by Rancière, Romain & Kumhof, Michael - Pricing Policies And Inflation Dynamics (RePEc:cup:macdyn:v:16:y:2012:i:04:p:576-604_00)
by Cespedes, Luis Felipe & Kumhof, Michael & Parrado, Eric - Banks, money, and the zero lower bound on deposit rates (RePEc:eee:dyncon:v:132:y:2021:i:c:s0165188921001433)
by Kumhof, Michael & Wang, Xuan - The macroeconomics of central bank digital currencies (RePEc:eee:dyncon:v:142:y:2022:i:c:s016518892100083x)
by Barrdear, John & Kumhof, Michael - Optimal price setting and inflation inertia in a rational expectations model (RePEc:eee:dyncon:v:32:y:2008:i:8:p:2584-2621)
by Juillard, Michael & Kamenik, Ondra & Kumhof, Michael & Laxton, Douglas - On the theory of sterilized foreign exchange intervention (RePEc:eee:dyncon:v:34:y:2010:i:8:p:1403-1420)
by Kumhof, Michael - Fiscal deficits and current account deficits (RePEc:eee:dyncon:v:37:y:2013:i:10:p:2062-2082)
by Kumhof, Michael & Laxton, Douglas - Risky bank lending and countercyclical capital buffers (RePEc:eee:dyncon:v:58:y:2015:i:c:p:58-80)
by Benes, Jaromir & Kumhof, Michael - Central bank digital currencies — Design principles for financial stability (RePEc:eee:ecanpo:v:71:y:2021:i:c:p:553-572)
by Kumhof, Michael & Noone, Clare - On the theory of international currency portfolios (RePEc:eee:eecrev:v:101:y:2018:i:c:p:376-396)
by Kumhof, Michael - Deficit reduction: Short-term pain for long-term gain (RePEc:eee:eecrev:v:55:y:2011:i:1:p:118-139)
by Clinton, Kevin & Kumhof, Michael & Laxton, Douglas & Mursula, Susanna - A quantitative exploration of the role of short-term domestic debt in balance of payments crises (RePEc:eee:inecon:v:51:y:2000:i:1:p:195-215)
by Kumhof, Michael - Balance of payments crises under inflation targeting (RePEc:eee:inecon:v:72:y:2007:i:1:p:242-264)
by Kumhof, Michael & Li, Shujing & Yan, Isabel - Inflation inertia and credible disinflation (RePEc:eee:inecon:v:73:y:2007:i:1:p:48-68)
by Calvo, Guillermo & Celasun, Oya & Kumhof, Michael - Simple fiscal policy rules for small open economies (RePEc:eee:inecon:v:91:y:2013:i:1:p:113-127)
by Kumhof, Michael & Laxton, Douglas - The future of oil: Geology versus technology (RePEc:eee:intfor:v:31:y:2015:i:1:p:207-221)
by Benes, Jaromir & Chauvet, Marcelle & Kamenik, Ondra & Kumhof, Michael & Laxton, Douglas & Mursula, Susanna & Selody, Jack - Sterilization of short-term capital inflows--through lower interest rates? (RePEc:eee:jimfin:v:23:y:2004:i:7-8:p:1209-1221)
by Kumhof, Michael - Jointly optimal monetary and fiscal policy rules under liquidity constraints (RePEc:eee:jmacro:v:33:y:2011:i:3:p:373-389)
by Bi, Huixin & Kumhof, Michael - To starve or not to starve the beast? (RePEc:eee:jmacro:v:39:y:2014:i:pa:p:1-23)
by Kumhof, Michael & Laxton, Douglas & Leigh, Daniel - Balance-of-payments anti-crises (RePEc:eee:jmacro:v:48:y:2016:i:c:p:186-202)
by Kumhof, Michael & Yan, Isabel - Global effects of fiscal stimulus during the crisis (RePEc:eee:moneco:v:57:y:2010:i:5:p:506-526)
by Freedman, Charles & Kumhof, Michael & Laxton, Douglas & Muir, Dirk & Mursula, Susanna - Simple monetary rules under fiscal dominance (RePEc:fip:fedgif:937)
by Michael Kumhof & Ricardo Nunes & Irina Yakadina - Optimal price setting and inflation inertia in a rational expectations model (RePEc:fip:fedgpr:y:2005:x:4)
by Michel Juillard & Ondra Kamenik & Michael Kumhof - Levarging inequality (RePEc:hal:journl:halshs-00754409)
by Michael Kumhof & Romain Rancière - Unequal = Indebted (RePEc:hal:journl:halshs-00754519)
by Michael Kumhof & Romain Rancière - Inequality, Leverage, and Crises (RePEc:hal:journl:halshs-01207208)
by Michael Kumhof & Romain Rancière & Pablo Winant - Unknown item RePEc:hal:pseose:halshs-01207208 (paper)
- Unequal = Indebted (RePEc:hal:pseptp:halshs-00754519)
by Michael Kumhof & Romain Rancière - Inequality, Leverage, and Crises (RePEc:hal:pseptp:halshs-01207208)
by Michael Kumhof & Romain Rancière & Pablo Winant - Fiscal Crisis Resolution: Taxation versus Inflation (RePEc:hkm:wpaper:102004)
by Michael Kumhof - Inflation Inertia- THe Role of Multiple, Interacting Pricing Rigidities (RePEc:hkm:wpaper:182004)
by Michael Kumhof - Policies to Rebalance the Global Economy After the Financial Crisis (RePEc:ijc:ijcjou:y:2010:q:1:a:11)
by Charles Freedman & Michael Kumhof & Douglas Laxton & Dirk Muir - Wage Moderation in Crises: Policy Considerations and Applications to the Euro Area (RePEc:imf:imfsdn:2015/022)
by Mr. Jörg Decressin & Mr. Raphael A Espinoza & Mr. Ioannis Halikias & Mr. Michael Kumhof & Mr. Daniel Leigh & Mr. Prakash Loungani & Mr. Paulo A Medas & Susanna Mursula & Mr. Antonio Spilimbergo & Ms. - The Case for Global Fiscal Stimulus (RePEc:imf:imfspn:2009/003)
by Mr. Jaewoo Lee & Mr. Douglas Laxton & Mr. Michael Kumhof & Charles Freedman - A Fiscal Theory of the Currency Risk Premium and of Sterilized Intervention (RePEc:imf:imfwpa:2002/029)
by Mr. Michael Kumhof & Stijn van Nieuwerburgh - Nominal Exchange Rate Anchoring Under Inflation Inertia (RePEc:imf:imfwpa:2002/030)
by Mr. Guillermo Calvo & Mr. Michael Kumhof & Oya Celasun - Pricing Policies and Inflation Inertia (RePEc:imf:imfwpa:2003/087)
by Mr. Michael Kumhof & Mr. Luis Felipe Céspedes & Mr. Eric Parrado - Government Debt: A Key Role in Financial Intermediation (RePEc:imf:imfwpa:2005/057)
by Mr. Michael Kumhof & Mr. Evan C Tanner - Politically Optimal Fiscal Policy (RePEc:imf:imfwpa:2007/068)
by Mrs. Irina Yakadina & Mr. Michael Kumhof - Monetary Policy in an Equilibrium Portfolio Balance Model (RePEc:imf:imfwpa:2007/072)
by Mr. Michael Kumhof & Stijn van Nieuwerburgh - Balance of Payments Crises Under Inflation Targeting (RePEc:imf:imfwpa:2007/084)
by Shujing Li & Isabel K. Yan & Mr. Michael Kumhof - A Party without a Hangover? On the Effects of U.S. Government Deficits (RePEc:imf:imfwpa:2007/202)
by Mr. Douglas Laxton & Mr. Michael Kumhof - Simple Monetary Rules Under Fiscal Dominance (RePEc:imf:imfwpa:2007/271)
by Mr. Michael Kumhof & Mr. Ricardo C Nunes & Mrs. Irina Yakadina - International Currency Portfolios (RePEc:imf:imfwpa:2009/048)
by Mr. Michael Kumhof - Simple, Implementable Fiscal Policy Rules (RePEc:imf:imfwpa:2009/076)
by Mr. Michael Kumhof & Mr. Douglas Laxton - Chile’s Structural Fiscal Surplus Rule: A Model-Based Evaluation (RePEc:imf:imfwpa:2009/088)
by Mr. Michael Kumhof & Mr. Douglas Laxton - Balance of Payments Anti-Crises (RePEc:imf:imfwpa:2009/134)
by Isabel K. Yan & Mr. Michael Kumhof - Fiscal Deficits and Current Account Deficits (RePEc:imf:imfwpa:2009/237)
by Mr. Michael Kumhof & Mr. Douglas Laxton - Fiscal Stimulus to the Rescue? Short-Run Benefits and Potential Long-Run Costs of Fiscal Deficits (RePEc:imf:imfwpa:2009/255)
by Mr. Douglas Laxton & Mr. Dirk V Muir & Mr. Michael Kumhof & Susanna Mursula & Charles Freedman - Jointly Optimal Monetary and Fiscal Policy Rules under Borrowing Constraints (RePEc:imf:imfwpa:2009/286)
by Mr. Michael Kumhof & Huixin Bi - The Global Integrated Monetary and Fiscal Model (GIMF) – Theoretical Structure (RePEc:imf:imfwpa:2010/034)
by Mr. Douglas Laxton & Susanna Mursula & Mr. Michael Kumhof & Mr. Dirk V Muir - Effects of Fiscal Stimulus in Structural Models (RePEc:imf:imfwpa:2010/073)
by Mr. Michael Kumhof & Mr. Dirk V Muir & Carlos de Resende & Jan in ‘t Veld & René Lalonde & Davide Furceri & Annabelle Mourougane & John Roberts & Stephen Snudden & Mathias Trabandt & Günter Coenen & S - Budget Consolidation: Short-Term Pain and Long-Term Gain (RePEc:imf:imfwpa:2010/163)
by Mr. Douglas Laxton & Susanna Mursula & Kevin Clinton & Mr. Michael Kumhof - To Starve or Not to Starve the Beast? (RePEc:imf:imfwpa:2010/199)
by Mr. Michael Kumhof & Mr. Daniel Leigh & Mr. Douglas Laxton - Inequality, Leverage and Crises (RePEc:imf:imfwpa:2010/268)
by Mr. Romain Ranciere & Mr. Michael Kumhof - Risky Bank Lending and Optimal Capital Adequacy Regulation (RePEc:imf:imfwpa:2011/130)
by Mr. Jaromir Benes & Mr. Michael Kumhof - Income Inequality and Current Account Imbalances (RePEc:imf:imfwpa:2012/008)
by Mr. Romain Ranciere & Mr. Nathaniel A. Throckmorton & Mr. Michael Kumhof & Ms. Claire Lebarz & Mr. Alexander W. Richter - The Future of Oil: Geology Versus Technology (RePEc:imf:imfwpa:2012/109)
by Ms. Marcelle Chauvet & Mr. Jack G. Selody & Mr. Douglas Laxton & Mr. Michael Kumhof & Mr. Jaromir Benes & Mr. Ondrej Kamenik & Susanna Mursula - The Chicago Plan Revisited (RePEc:imf:imfwpa:2012/202)
by Mr. Michael Kumhof & Mr. Jaromir Benes - Oil and the World Economy: Some Possible Futures (RePEc:imf:imfwpa:2012/256)
by Mr. Michael Kumhof & Mr. Dirk V Muir - Getting to Know GIMF: The Simulation Properties of the Global Integrated Monetary and Fiscal Model (RePEc:imf:imfwpa:2013/055)
by Mr. Derek Anderson & Mr. Benjamin L Hunt & Mika Kortelainen & Mr. Michael Kumhof & Mr. Douglas Laxton & Mr. Dirk V Muir & Susanna Mursula & Stephen Snudden - Inequality, Leverage and Crises: The Case of Endogenous Default (RePEc:imf:imfwpa:2013/249)
by Mr. Michael Kumhof & Mr. Romain Ranciere & Pablo Winant - The Benefits of International Policy Coordination Revisited (RePEc:imf:imfwpa:2013/262)
by Mr. Jaromir Benes & Mr. Michael Kumhof & Mr. Douglas Laxton & Mr. Dirk V Muir & Susanna Mursula - Financial Crises in DSGE Models: Selected Applications of MAPMOD (RePEc:imf:imfwpa:2014/056)
by Mr. Jaromir Benes & Mr. Michael Kumhof & Mr. Douglas Laxton - Financial Crises in DSGE Models: A Prototype Model (RePEc:imf:imfwpa:2014/057)
by Mr. Jaromir Benes & Mr. Michael Kumhof & Mr. Douglas Laxton - Banks in The Global Integrated Monetary and Fiscal Model (RePEc:imf:imfwpa:2015/150)
by Michal Andrle & Mr. Michael Kumhof & Mr. Douglas Laxton & Mr. Dirk V Muir - Simple Monetary Rules under Fiscal Dominance (RePEc:mcb:jmoncb:v:42:y:2010:i:1:p:63-92)
by Michael Kumhof & Ricardo Nunes & Irina Yakadina - Inflation Inertia and Credible Disinflation - The Open Economy Case (RePEc:nbr:nberwo:9557)
by Guillermo Calvo & Oya Celasun & Michael Kumhof - Government Debt Bias (RePEc:pal:imfecr:v:65:y:2017:i:4:d:10.1057_s41308-017-0035-3)
by Michael Kumhof & Irina Yakadina - Too much of a good thing? on the effects of limiting foreign reserve accumulation (RePEc:pra:mprapa:35231)
by Yan, Isabel K. & Kumhof, Michael - Simple Monetary Rules under Fiscal Dominance (RePEc:pra:mprapa:4462)
by Michael, Kumhof & Ricardo, Nunes & Irina, Yakadina - CBDC Policies in Open Economies (RePEc:pui:dpaper:205)
by Michael Kumhof & Marco Pinchetti & Phurichai Rungcharoenkitkul & Andrej Sokol - Fiscal Crisis Resolution: Taxation Versus Inflation (RePEc:red:sed004:874)
by Michael Kumhof - Monetary Policy in an Equilibrium Portfolio Balance Model (RePEc:red:sed005:851)
by Stijn van Nieuwerburgh & Michael Kumhof - A Party without a Hangover? On the Effects of U.S. Government Deficits (RePEc:red:sed007:676)
by Douglas Laxton & Michael Kumhof - International Currency Portfolios (RePEc:red:sed010:84)
by Michael Kumhof - Inequality, Leverage and Crises (RePEc:red:sed011:1374)
by Romain Ranciere & Michael Kumhof - On the Benefits of Exchange Rate Flexibility under Endogenous Tradedness of Goods (RePEc:sce:scecf5:405)
by Kanda Naknoi & Michael Kumhof & Douglas Laxton - A Rational Expectations Model of Optimal Inflation Inertia (RePEc:sce:scecf5:429)
by Michael Kumhof & Douglas Laxton - Inflation Targeting Versus Joining a Monetary Union: An Assessment of the Potential Benefits and Costs Using a DSGE Model (RePEc:sce:scecfa:221)
by Nicoletta Batini & Michael Kumhof & Douglas Laxton - Multi-Sectoral Cascading and Price Dynamics - A Bayesian Econometric Evaluation (RePEc:sce:scecfa:422)
by Alejandro Justiniano & Michael Kumhof & Federico Ravenna - Banks, Money, and the Zero Lower Bound on Deposit Rates (RePEc:tin:wpaper:20200050)
by Michael Kumhof & Xuan Wang - Simple Monetary Rules under Fiscal Dominance (RePEc:wly:jmoncb:v:42:y:2010:i:1:p:63-92)
by Michael Kumhof & Ricardo Nunes & Irina Yakadina - Trade Openness and Exchange Rate Regimes (RePEc:wly:jmoncb:v:46:y:2014:i:8:p:1657-1686)
by Ondra Kamenik & Michael Kumhof - A Quantative Exploration of the Role of Short-Term Domestic Debit in Balance of Payments Crises (RePEc:wop:stanec:00017)
by Michael Kumhof - Sterilization of Short-Term Capital Inflows - Through Lower Interest Rates ? (RePEc:wop:stanec:00018)
by Michael Kumhof - Balance of Payments Crisis: The Role of Short-Term Debt (RePEc:wop:stanec:00019)
by Michael Kumhof - Balance of Payments Crises Under Inflation Targeting (RePEc:wop:stanec:00020)
by Michael Kumhof & Shujing Li & Isabel Yan - International Capital Mobility in Emerging Markets: New Evidence from Daily Data (RePEc:wop:stanec:00021)
by Michael Kumhof - A Critical View of Inflation Targeting: Crises, Limited Sustainability, and Aggregate Shocks (RePEc:wop:stanec:00022)
by Michael Kumhof - Inflation Targeting and Exchange Rate Flexibility (RePEc:wop:stanec:00023)
by Michael Kumhof - The Chicago Plan Revisited (RePEc:zbw:vfsc14:100303)
by Kumhof, Michael & Benes, Jaromir - How Does International Capital Flow? (RePEc:zbw:vfsc21:242328)
by Kumhof, Michael & Rungcharoenkitkul, Phurichai & Sokol, Andrej - Post-Corona Balanced-Budget Super-Stimulus: The Case for Shifting Taxes onto Land (RePEc:zbw:vfsc22:264042)
by Kumhof, Michael & Tideman, Nicolaus & Hudson, Michael & Goodhart, Charles A.