Volume 7, Issue 1 March 2011

Remarks on Unconventional Monetary Policy

Abstract

To be useful in discussions about the rationale and effectiveness of unconventional monetary policy, models of monetary economies need to be modified. Progress on this is well under way and I review one approach here.

Authors

  • Lawrence Christiano

JEL codes

  • E42
  • E58
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Monetary Policy and Housing Booms

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The Financial Market Effects of the Federal Reserve's Large-Scale Asset Purchases

Joseph Gagnon and Matthew Raskin and Julie Remache and Brian Sack

On the Quantitative Effects of Unconventional Monetary Policies in Small Open Economies

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Did Easy Money in the Dollar Bloc Fuel the Oil Price Run-Up?

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Did the Crisis Affect Inflation Expectations?

Gabriele Galati and Steven Poelhekke and Chen Zhou

Some Methodological Suggestions

Fumio Hayashi

The Effects of Housing Prices and Monetary Policy in a Currency Union

Oriol Aspachs-Bracons and Pau Rabanal

Risky Mortgages in a DSGE Model

Chiara Forlati and Luisa Lambertini