The systematic component of monetary policy in SVARs: An agnostic identification procedure

Macroeconomics and Reality

Christopher A. Sims · Econometrica · 1980 · 12.5K citations

Monetary Policy, Economics, Useful Forecasting +13

Discretion versus policy rules in practice

John B. Taylor · Carnegie-Rochester Conference Series on Public Policy · 1993 · 9K citations

Policy Management, Public Policy, Government Regulation +2

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

Economic Fluctuation, Alternative Monetary Regime, Monetary Policy +16

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

Frank Smets, Rafael Wouters · American Economic Review · 2007 · 4.6K citations

Us Business Cycles, Macroeconomic Forecasting, Applied Econometrics +20

Deciphering the Liquidity and Credit Crunch 2007–2008

Markus K. Brunnermeier · The Journal of Economic Perspectives · 2009 · 3.4K citations · Full text

Severe Financial Crisis, Liquidity, International Financial Crisis +16