Exchange rate intervention in small open economies: The role of risk premium and commodity price shocks

Staggered prices in a utility-maximizing framework

Guillermo A. Calvo · Journal of Monetary Economics · 1983 · 7.4K citations

Business, Business Economics, Economics +10

Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy

Lawrence J. Christiano, Martin Eichenbaum, Charles L. Evans · Journal of Political Economy · 2005 · 5.9K citations

Social Sciences, Economics, Labor Economics +11

INTEREST AND PRICES: FOUNDATIONS OF A THEORY OF MONETARY POLICY

Michael Woodford, Carl E. Walsh · Macroeconomic Dynamics · 2005 · 5.8K citations

Social Sciences, Economics, Finance +12

The Science of Monetary Policy: A New Keynesian Perspective

Richard H. Clarida, Mark Gertler · Journal of Economic Literature · 1999 · 5K citations

Social Sciences, Economics, Public Finance +12

Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach

Frank Smets, Rafael Wouters · American Economic Review · 2007 · 4.7K citations

Social Sciences, Business Economics, Economics +17