Robert J. Tetlow

Board of Governors of the Federal Reserve System

Senior Advisor - Monetary Affairs

20th Street and Constitution Avenue NW

Washington, DC 20551

United States

SCHOLARLY PAPERS

28

DOWNLOADS
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Top 32,270

in Total Papers Downloads

2,849

SSRN CITATIONS
Rank 7,700

SSRN RANKINGS

Top 7,700

in Total Papers Citations

103

CROSSREF CITATIONS

111

Scholarly Papers (28)

1.

The Macroeconomic Implications of CBDC: A Review of the Literature

FEDS Working Paper No. 2022-76
Number of pages: 65 Posted: 05 May 2023
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 1,011 (40,756)

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Financial stability, Monetary policy, Banking, Central bank digital currency, Central banking

2.

Melting Down: Systemic Financial Instability and the Macroeconomy

Number of pages: 41 Posted: 06 Jul 2014 Last Revised: 05 Mar 2015
European Central Bank (ECB), Board of Governors of the Federal Reserve System, European Central Bank (ECB) and Board of Governors of the Federal Reserve System
Downloads 350 (154,313)
Citation 14

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financial stability, systemic risk, macro-financial linkages, Markov switching VAR, non-linearities

Financial Stress and Economic Dynamics: The Transmission of Crises

ECB Working Paper No. 1728
Number of pages: 47 Posted: 02 Sep 2014
Kirstin Hubrich and Robert J. Tetlow
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 104 (464,684)
Citation 16

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nonlinearity, Markov switching, financial crises, monetary policy

Financial Stress and Economic Dynamics: The Transmission of Crises

FEDS Working Paper No. 2012-82
Number of pages: 38 Posted: 07 Jan 2013 Last Revised: 15 Jan 2013
Kirstin Hubrich and Robert J. Tetlow
Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 101 (471,391)
Citation 7

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Nonlinearity, Markov switching, financial crises, monetary policy transmission, Bayesian econometrics

4.

Optimal Control of Large, Forward-Looking Models: Efficient Solutions and Two Examples

Number of pages: 12 Posted: 08 Jun 2000
Frederico Finan and Robert J. Tetlow
affiliation not provided to SSRN and Board of Governors of the Federal Reserve System
Downloads 160 (329,129)
Citation 3

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optimal control, mathematical programs, simple rules

Robust Monetary Policy with Misspecified Models: Does Model Uncertainty Always Call for Attenuated Policy?

Number of pages: 46 Posted: 11 Sep 2000
Robert J. Tetlow and Peter von zur Muehlen
Board of Governors of the Federal Reserve System and Federal Reserve Board
Downloads 134 (380,433)
Citation 15

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model uncertainty, robust control, monetary policy, Stackelberg games

Robust Monetary Policy with Misspecified Models: Does Model Uncertainty Always Call for Attenuated Policy?

FEDS Working Paper No. 2000-28, May 2000
Number of pages: 46 Posted: 01 Aug 2022
Robert J. Tetlow and Peter von zur Muehlen
Board of Governors of the Federal Reserve System and Federal Reserve Board
Downloads 9 (1,065,314)

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Model uncertainty, robust control, monetary policy, Stackelberg games

Robust Monetary Policy with Misspecified Models: Does Model Uncertainty Always Call for Attenuated Policy?

Journal of Economic Dynamics and Control
Posted: 11 Sep 2000
Robert J. Tetlow and Peter von zur Muehlen
Board of Governors of the Federal Reserve System and Federal Reserve Board

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model uncertainty, robust control, monetary policy, Stackelberg games

6.

Avoiding Nash Inflation: Bayesian and Robust Responses to Model Uncertainty

Number of pages: 29 Posted: 11 Feb 2002
Robert J. Tetlow and Peter von zur Muehlen
Board of Governors of the Federal Reserve System and Federal Reserve Board
Downloads 118 (418,148)
Citation 9

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Uncertainty, robust control, learning, mathematical programs

7.
Downloads 109 (443,259)
Citation 27

Optimal Policy Projections

FEDS Working Paper No. 2005-34
Number of pages: 27 Posted: 05 Oct 2005
Lars E. O. Svensson and Robert J. Tetlow
Stockholm School of Economics and Board of Governors of the Federal Reserve System
Downloads 69 (597,990)

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Optimal monetary policy, forecasts, judgment

Optimal Policy Projections

NBER Working Paper No. w11392
Number of pages: 28 Posted: 06 Jul 2005 Last Revised: 19 Aug 2022
Lars E. O. Svensson and Robert J. Tetlow
Stockholm School of Economics and Board of Governors of the Federal Reserve System
Downloads 40 (772,836)
Citation 4

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8.

Real-Time Model Uncertainty in the United States: The Fed from 1996 to 2003

FEDs Series Working Paper No. 2006-08, ECB Working Paper No. 610
Number of pages: 57 Posted: 20 Apr 2005
Robert J. Tetlow and Brian Ironside
Board of Governors of the Federal Reserve System and Federal Reserve Board - Division of Research and Statistics
Downloads 95 (487,788)
Citation 8

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Monetary policy, uncertainty, macro-economic modeling, real-time analysis

9.

Simplicity Versus Optimality: The Choice of Monetary Policy Rules When Agents Must Learn

Number of pages: 48 Posted: 14 Jun 1999
Robert J. Tetlow and Peter von zur Muehlen
Board of Governors of the Federal Reserve System and Federal Reserve Board
Downloads 90 (504,740)
Citation 17

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10.

How Large is the Output Cost of Disinflation?

FEDS Working Paper No. 2022-79
Number of pages: 25 Posted: 28 Nov 2022
Robert J. Tetlow
Board of Governors of the Federal Reserve System
Downloads 84 (526,846)

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Monetary policy, Disinflation, Sacrifice ratio, Expectations formation

11.

The Federal Reserve's Framework for Monetary Policy - Recent Changes and New Questions

FEDS Working Paper No. 2013-76
Number of pages: 69 Posted: 31 May 2017
William B. English, David Lopez-Salido and Robert J. Tetlow
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 84 (526,846)
Citation 6

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12.

Some Implications of Uncertainty and Misperception for Monetary Policy

FEDS Working Paper No. 2018-59
Number of pages: 40 Posted: 29 Aug 2018 Last Revised: 21 Feb 2019
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 77 (554,522)
Citation 1

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13.
Downloads 61 (627,705)

Robustifying Learnability

ECB Working Paper No. 593, FEDS Working Paper No. 2005-58
Number of pages: 53 Posted: 06 Jan 2006
Robert J. Tetlow and Peter von zur Muehlen
Board of Governors of the Federal Reserve System and Federal Reserve Board
Downloads 61 (638,789)
Citation 1

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monetary policy, learning, E-stability, learnability, robust control

Robustifying Learnability

Journal of Economic Dynamics and Control, Vol. 33, No. 2, pp. 296-316, February 2009
Posted: 28 Jan 2009
Robert J. Tetlow and Peter von zur Muehlen
Board of Governors of the Federal Reserve System and Federal Reserve Board

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monetary policy, learning, E-stability, learnability, robust control

14.

Retail Central Bank Digital Currencies: Implications for Banking and Financial Stability

FEDS Working Paper No. 2023-72
Number of pages: 34 Posted: 20 Dec 2023
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and Board of Governors of the Federal Reserve System
Downloads 54 (665,413)

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Central bank digital currency, Bank disintermediation, Financial stability, Central bank balance sheet, Payment system

Simplicity versus Optimality: The Choice of Monetary Policy Rules when Agents Must Learn

Journal of Economic Dynamics and Control, Vol. 25, 2001, 245-279
Number of pages: 36 Posted: 18 Dec 2018 Last Revised: 18 Jul 2022
Robert J. Tetlow and Peter von zur Muehlen
Board of Governors of the Federal Reserve System and Federal Reserve Board
Downloads 40 (772,836)

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Monetary policy; Learning

Simplicity Versus Optimality: The Choice of Monetary Policy Rules When Agents Must Learn

FEDS Working Paper No. 199-10, March 1999
Number of pages: 48 Posted: 05 Aug 2022
Robert J. Tetlow and Peter von zur Muehlen
Board of Governors of the Federal Reserve System and Federal Reserve Board
Downloads 14 (1,013,106)

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Monetary policy, learning

16.

Real-Time Model Uncertainty in the United States: 'Robust' Policies Put to the Test

FEDS Working Paper No. 2010-15
Number of pages: 53 Posted: 14 Mar 2011
Robert J. Tetlow
Board of Governors of the Federal Reserve System
Downloads 52 (676,742)
Citation 2

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Monetary policy, model uncertainty, real-time analysis

17.

Real-Time Model Uncertainty in the United States: ‘Robust’ Policies Put to the Test

Number of pages: 48 Posted: 08 May 2010
Robert J. Tetlow
Board of Governors of the Federal Reserve System
Downloads 36 (782,303)
Citation 2

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Monetary policy, model uncertainty, real-time analysis

18.

Monetary Policy Rules (I): How Good is Simple?

Number of pages: 40 Posted: 01 Aug 2022
Robert J. Tetlow and Peter von zur Muehlen
Board of Governors of the Federal Reserve System and Federal Reserve Board
Downloads 20 (919,093)
Citation 2

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19.

Real-Time Model Uncertainty in the United States: The Fed from 1996-2003

CEPR Discussion Paper No. 5305
Number of pages: 50 Posted: 30 Dec 2005
Brian Ironside and Robert J. Tetlow
Federal Reserve Board - Division of Research and Statistics and Board of Governors of the Federal Reserve System
Downloads 19 (928,807)
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Monetary policy, uncertainty, real-time analysis

20.

Expectations, Learning and the Costs of Disinflation: Experiments using the FRB/US Model

FEDS Working Paper No. 1997-42
Number of pages: 34 Posted: 01 Aug 2022
Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Federal Reserve Board and Federal Reserve Bank of New York
Downloads 16 (958,858)
Citation 1

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Monetary policy, disinflation, expectations, learning, macroeconomic modeling

21.

Learning and the Complexity of Monetary Policy Rules

Workshop on Monetary Policy Under Uncertainty, July 1998, Reserve Bank of New Zealand
Number of pages: 41 Posted: 05 Aug 2022
Board of Governors of the Federal Reserve System, Federal Reserve Board and Board of Governors of the Federal Reserve System
Downloads 11 (1,017,959)

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Learning, optimal control, optimal monetary policy rules, simple monetary policy rules, New Keynesian model

22.

Inflation in the 1970s in the U.S.: Misspecification, Learning and Sunspots

Computing in Economics and Finance 2004 240, Society for Computational Economics.
Posted: 01 Aug 2022
Peter von zur Muehlen and Robert J. Tetlow
Federal Reserve Board and Board of Governors of the Federal Reserve System

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23.

Why is the Fed So Reluctant to React?

Computing in Economics and Finance 1999 631, Society for Computational Economics.
Posted: 01 Aug 2022
Peter von zur Muehlen and Robert J. Tetlow
Federal Reserve Board and Board of Governors of the Federal Reserve System

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24.

Monetary Policy, Asset Prices, and Misspecification: The Robust Approach to Bubbles with Model Uncertainty

Computing in Economics and Finance 2002 335, Society for Computational Economics.
Posted: 01 Aug 2022
Peter von zur Muehlen and Robert J. Tetlow
Federal Reserve Board and Board of Governors of the Federal Reserve System

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25.

The Monetary Policy Response to Uncertain Inflation Persistence

FEDS Notes No. 2018-08-29
Posted: 28 Aug 2018 Last Revised: 02 Oct 2020
Robert J. Tetlow
Board of Governors of the Federal Reserve System

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Inflation Targeting and Target Instability

International Journal of Central Banking, Vol. 4, No. 4, pp. 151-192, December 2008, FEDS Working Paper No. 2000-01
Posted: 11 Sep 2000 Last Revised: 20 Oct 2015
Robert J. Tetlow
Board of Governors of the Federal Reserve System

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monetary policy, inflation targeting, macroeconomic modeling, computational methods

Inflation Targeting and Target Instability

International Journal of Central Banking, Vol. 4, No. 4, pp. 151-192, December 2008
Posted: 28 Jan 2009
Robert J. Tetlow
Board of Governors of the Federal Reserve System

Abstract:

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monetary policy, inflation targeting, macroeconomic modeling, expectations formation

27.

Errors in the Measurement of the Output Gap and the Design of Monetary Policy

Posted: 12 Dec 1999
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Federal Reserve Bank of Chicago, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and affiliation not provided to SSRN

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28.

Government Debt and Deficits in Canada: A Macro Simulation Analysis

Working Paper 95-4
Posted: 25 Aug 1998
Tiff Macklem, David Rose and Robert J. Tetlow
affiliation not provided to SSRN, QED Solutions and Board of Governors of the Federal Reserve System

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