Volker Wieland

University of Frankfurt

Professor, Chair of Monetary Theory and Policy

House of Finance

Grüneburgplatz 1

Frankfurt am Main, D-60323

Germany

http://www.volkerwieland.com

  • University of Frankfurt

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    • Tel: +49 69 798 33805
    • Fax: +49 69 798 33907
SCHOLARLY PAPERS

47

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385

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1,111

Scholarly Papers (47)

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1.

New Keynesian versus Old Keynesian Government Spending Multipliers

Downloads 581 (81,423)
Citation 120

New Keynesian versus Old Keynesian Government Spending Multipliers

Rock Center for Corporate Governance at Stanford University Working Paper No. 47, ECB Working Paper No. No. 1090
Number of pages: 22 Posted: 09 Mar 2009
John F. Cogan, Tobias J. Cwik, John B. Taylor and Volker Wieland
Stanford University - The Hoover Institution on War, Revolution and Peace, Board of Governors of the Federal Reserve System, Stanford University and University of Frankfurt
Downloads 463 (106,623)
Citation 3

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fiscal multiplier, new Keynesian model, fiscal stimulus, government spending, macroeconomic modeling

New Keynesian Versus Old Keynesian Government Spending Multipliers

NBER Working Paper No. w14782
Number of pages: 22 Posted: 16 Mar 2009 Last Revised: 23 Nov 2022
John F. Cogan, Tobias J. Cwik, John B. Taylor and Volker Wieland
Stanford University - The Hoover Institution on War, Revolution and Peace, Board of Governors of the Federal Reserve System, Stanford University and University of Frankfurt
Downloads 110 (422,915)
Citation 23

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New Keynesian versus Old Keynesian Government Spending Multipliers

CEPR Discussion Paper No. DP7236
Number of pages: 24 Posted: 07 Apr 2009
John F. Cogan, Tobias J. Cwik, John B. Taylor and Volker Wieland
Stanford University - The Hoover Institution on War, Revolution and Peace, Board of Governors of the Federal Reserve System, Stanford University and University of Frankfurt
Downloads 8 (1,033,728)
Citation 7
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Fiscal Policy, Government Spending, Keynesian models, model uncertainty, Multiplier

2.

Interest-Rate Smoothing and Optimal Monetary Policy: A Review of Recent Empirical Evidence

Number of pages: 36 Posted: 12 Dec 1999
Brian P. Sack and Volker Wieland
Board of Governors of the Federal Reserve - Monetary and Financial Market Analysis Section and University of Frankfurt
Downloads 433 (116,434)
Citation 39

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3.

Monetary Policy and Uncertainty About the Natural Unemployment Rate

Downloads 397 (128,808)
Citation 20

Monetary Policy and Uncertainty About the Natural Unemployment Rate

Number of pages: 45 Posted: 11 Jun 2003
Volker Wieland
University of Frankfurt
Downloads 377 (135,430)
Citation 14

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monetary policy, inflation targeting, parameter uncertainty, optimal learning, natural unemployment rate

Monetary Policy and Uncertainty About the Natural Unemployment Rate

Number of pages: 46 Posted: 29 Apr 2003
Volker Wieland
University of Frankfurt
Downloads 20 (909,306)
Citation 2
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Monetary policy, inflation targeting, parameter uncertainty, optimal learning, natural unemployment rate

4.

The Zero-Interest-Rate Bound and the Role of the Exchange Rate for Monetary Policy in Japan

Downloads 264 (198,775)
Citation 65

The Zero-Interest-Rate Bound and the Role of the Exchange Rate for Monetary Policy in Japan

Number of pages: 53 Posted: 31 May 2003
Günter Coenen and Volker Wieland
European Central Bank (ECB) and University of Frankfurt
Downloads 240 (217,638)
Citation 8

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Monetary policy rules, zero interest rate bound, liquidity trap, nominal rigidities, exchange rates

The Zero-Interest Rate Bound and the Role of the Exchange Rate for Monetary Policy in Japan

Number of pages: 45 Posted: 26 Jun 2003
Günter Coenen and Volker Wieland
European Central Bank (ECB) and University of Frankfurt
Downloads 24 (869,434)
Citation 1
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Monetary policy rules, zero interest rate bound, liquidity trap, rational expectations, nominal rigidities, exchange rates, monetary transmission

5.

Price Stability and Monetary Policy Effectiveness When Nominal Interest Rates are Bounded at Zero

Downloads 224 (233,254)
Citation 56

Price Stability and Monetary Policy Effectiveness When Nominal Interest Rates are Bounded at Zero

Number of pages: 39 Posted: 06 Aug 2003
Günter Coenen, Athanasios Orphanides and Volker Wieland
European Central Bank (ECB), Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Frankfurt
Downloads 201 (257,408)

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Inflation targeting, price stability, monetary policy rules, liquidity trap

Price Stability and Monetary Policy Effectiveness When Nominal Interest Rates are Bounded at Zero

Number of pages: 29 Posted: 24 Jun 2003
Günter Coenen, Athanasios Orphanides and Volker Wieland
European Central Bank (ECB), Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Frankfurt
Downloads 23 (879,786)
Citation 13
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Inflation targeting, price stability, monetary policy rules, liquidity trap

6.

Inflation Dynamics and International Linkages: A Model of the United States, the Euro Area and Japan

Number of pages: 49 Posted: 14 Jan 2003
Günter Coenen and Volker Wieland
European Central Bank (ECB) and University of Frankfurt
Downloads 221 (236,297)

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Macroeconomic Modelling, Nominal Rigidities, Inflation Persistence, International Linkages, Monetary Policy Rules

7.

Robustness of Simple Monetary Policy Rules Under Model Uncertainty

Downloads 218 (239,325)
Citation 50

Robustness of Simple Monetary Policy Rules Under Model Uncertainty

Number of pages: 55 Posted: 08 Apr 1999
Andrew T. Levin, Volker Wieland and John C. Williams
affiliation not provided to SSRN, University of Frankfurt and Federal Reserve Bank of New York
Downloads 161 (313,449)
Citation 65

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Robustness of Simple Monetary Policy Rules Under Model Uncertainty

NBER Working Paper No. w6570
Number of pages: 49 Posted: 12 Jul 2000 Last Revised: 16 Dec 2022
Andrew T. Levin, Volker Wieland and John C. Williams
affiliation not provided to SSRN, University of Frankfurt and Federal Reserve Bank of New York
Downloads 57 (629,870)

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8.

Keynesian Government Spending Multipliers and Spillovers in the Euro Area

Downloads 211 (246,693)
Citation 40

Keynesian Government Spending Multipliers and Spillovers in the Euro Area

ECB Working Paper No. 1267
Number of pages: 55 Posted: 16 Nov 2010
Tobias J. Cwik and Volker Wieland
Board of Governors of the Federal Reserve System and University of Frankfurt
Downloads 208 (249,582)
Citation 16

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Fiscal Policy, Government Spending Multipliers, Model Uncertainty, New-Keynesian Models

Keynesian Government Spending Multipliers and Spillovers in the Euro Area

CEPR Discussion Paper No. DP7389
Number of pages: 30 Posted: 08 Sep 2009
Tobias J. Cwik and Volker Wieland
Board of Governors of the Federal Reserve System and University of Frankfurt
Downloads 3 (1,075,159)
Citation 5
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crowding-out, fiscal policy, fiscal stimulus, government spending multipliers, New-Keynesian models

9.

Monetary Policy, Parameter Uncertainty and Optimal Learning

Number of pages: 43 Posted: 07 Nov 1999
Volker Wieland
University of Frankfurt
Downloads 172 (296,052)
Citation 10

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10.

Inflation Zone Targeting

Number of pages: 59 Posted: 02 Dec 2002
Athanasios Orphanides and Volker Wieland
Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Frankfurt
Downloads 146 (339,491)
Citation 24

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Inflation Targeting, Price Stability, Optimal Monetary Policy

11.

Exchange-Rate Policy and the Zero Bound on Nominal Interest Rates

Number of pages: 25 Posted: 14 Oct 2004
Günter Coenen and Volker Wieland
European Central Bank (ECB) and University of Frankfurt
Downloads 143 (345,152)
Citation 2

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monetary policy rules, zero-interest-rate bound, liquidity trap, nominal rigidities, exchange rates

12.

NAIRU Uncertainty and Nonlinear Policy Rules

Number of pages: 15 Posted: 17 Jan 2001
Laurence H. Meyer, Eric T. Swanson and Volker Wieland
Government of the United States of America - Division of Research and Statistics, University of California, Irvine - Department of Economics and University of Frankfurt
Downloads 143 (345,152)
Citation 5

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Simple nonlinear policy rule, signal extraction with non-normal prior, nonlinear updating

13.

The Performance of Forecast-Based Monetary Policy Rules Under Model Uncertainty

Number of pages: 56 Posted: 04 Nov 2001
John C. Williams, Andrew T. Levin and Volker Wieland
Federal Reserve Bank of New York, affiliation not provided to SSRN and University of Frankfurt
Downloads 135 (360,932)
Citation 35

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Inflation forecast targeting, optimal monetary policy, multiple equilibria

14.

A Quantitative Exploration of the Opportunistic Approach to Disinflation

Board of Governors of the Federal Reserve System Finance and Econ. Disc. Series 97-36
Number of pages: 42 Posted: 10 Feb 1998
Athanasios Orphanides, David H. Small, Volker Wieland and David W. Wilcox
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Board of Governors of the Federal Reserve System, University of Frankfurt and Board of Governors of the Federal Reserve System
Downloads 135 (360,932)
Citation 15

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15.

Data Uncertainty and the Role of Money as an Information Variable for Monetary Policy

Downloads 123 (387,301)
Citation 36

Data Uncertainty and the Role of Money as an Information Variable for Monetary Policy

Number of pages: 46 Posted: 17 Dec 2001
Andrew T. Levin, Günter Coenen and Volker Wieland
affiliation not provided to SSRN, European Central Bank (ECB) and University of Frankfurt
Downloads 103 (443,677)
Citation 1

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Euro Area, Kalman filter, measurement error, monetary policy rules, rational expectations

Data Uncertainty and the Role of Money as an Information Variable for Monetary Policy

Number of pages: 47 Posted: 01 May 2003
Günter Coenen, Andrew T. Levin and Volker Wieland
European Central Bank (ECB), affiliation not provided to SSRN and University of Frankfurt
Downloads 20 (909,306)
Citation 3
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Euro area, Kalman filter, macroeconomic modelling, measurement error, monetary policy rules, rational expectations

16.

Insurance Policies for Monetary Policy in the Euro Area

Downloads 110 (420,251)
Citation 11

Insurance Policies for Monetary Policy in the Euro Area

ECB Working Paper No. 480, CFS Working Paper No. 2005/13
Number of pages: 57 Posted: 06 May 2005
Keith Kuester and Volker Wieland
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and University of Frankfurt
Downloads 62 (603,854)
Citation 4

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Model uncertainty, robustness, monetary policy rules, minimax, euro area

Insurance Policies for Monetary Policy in the Euro Area

FRB of Philadelphia Working Paper No. 08-29
Number of pages: 48 Posted: 05 Feb 2009
Keith Kuester and Volker Wieland
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and University of Frankfurt
Downloads 34 (783,506)
Citation 3

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model uncertainty, robustness, monetary policy rules, minimax, euro area

Insurance Policies for Monetary Policy in the Euro Area

CEPR Discussion Paper No. 4956
Number of pages: 53 Posted: 27 Jul 2005
Keith Kuester and Volker Wieland
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and University of Frankfurt
Downloads 14 (971,466)
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Model uncertainty, robustness, monetary policy rules, minimax, Euro area

17.

Money in Monetary Policy Design Under Uncertainty: The Two-Pillar Phillips Curve Versus Ecb-Style Cross-Checking

Downloads 109 (422,946)
Citation 2

Money in Monetary Policy Design Under Uncertainty: The Two-Pillar Phillips Curve Versus Ecb-Style Cross-Checking

Number of pages: 14 Posted: 05 Jan 2007
Günter W. Beck and Volker Wieland
University of Siegen and University of Frankfurt
Downloads 105 (437,472)
Citation 5

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monetary policy, quantity theory, Phillips curve, European Central Bank

Money in Monetary Policy Design Under Uncertainty: The Two-Pillar Phillips Curve Versus ECB-Style Cross-Checking

CEPR Discussion Paper No. DP6098
Number of pages: 17 Posted: 14 May 2008
Günter W. Beck and Volker Wieland
University of Siegen and University of Frankfurt
Downloads 4 (1,067,149)
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European Central Bank, monetary policy, monetary policy under uncertainty, money, Phillips curve, quantity theory

18.

A Small Estimated Euro Area Model with Rational Expectations and Nominal Rigidities

Downloads 104 (437,460)
Citation 32

A Small Estimated Euro Area Model with Rational Expectations and Nominal Rigidities

Number of pages: 33 Posted: 12 Dec 2002
Günter Coenen and Volker Wieland
European Central Bank (ECB) and University of Frankfurt
Downloads 84 (507,596)
Citation 4

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European Monetary Union, Euro Area, Macroeconomic Modelling, Rational Expectations, Nominal Rigidities, Overlapping Wage Contracts, Inflation Persistence, Monetary Policy Rules

A Small Estimated Euro Area Model with Rational Expectations and Nominal Rigidities

Number of pages: 34 Posted: 07 Nov 2002
Günter Coenen and Volker Wieland
European Central Bank (ECB) and University of Frankfurt
Downloads 20 (908,535)
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European Monetary Union, Euro area, nominal rigidities, inflation persistence, staggered contracts, macroeconomic models

19.

Central Bank Misperceptions and the Role of Money in Interest Rate Rules

Downloads 95 (465,062)
Citation 59

Central Bank Misperceptions and the Role of Money in Interest Rate Rules

ECB Working Paper No. 967
Number of pages: 53 Posted: 20 Nov 2008
Günter W. Beck and Volker Wieland
University of Siegen and University of Frankfurt
Downloads 56 (635,396)

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Taylor rules, money, quantity theory, output gap uncertainty, monetary policy under uncertainty

Central Bank Misperceptions and the Role of Money in Interest Rate Rules

National Bank of Belgium Working Paper No. 147
Number of pages: 52 Posted: 01 Oct 2010
Günter W. Beck and Volker Wieland
University of Siegen and University of Frankfurt
Downloads 36 (767,849)
Citation 56

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monetary policy under uncertainty, money, output gap uncertainty, quantity theory and Taylor rules

Central Bank Misperceptions and the Role of Money in Interest Rate Rules

CEPR Discussion Paper No. DP6947
Number of pages: 48 Posted: 02 Dec 2008
Günter W. Beck and Volker Wieland
University of Siegen and University of Frankfurt
Downloads 3 (1,074,510)
Citation 1
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monetary policy under uncertainty, money, output gap uncertainty, quantity theory, Taylor rules

Central Bank Misperceptions and the Role of Money in Interest Rate Rules

CFS Working Paper No. 2008/25
Posted: 02 Sep 2008
Günter W. Beck and Volker Wieland
University of Siegen and University of Frankfurt

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Taylor Rules, Money, Quantity Theory, Output Gap Uncertainty, Monetary Policy Under Uncertainty

20.

Money in Monetary Policy Design: Monetary Cross-Checking in the New-Keynesian Model

Downloads 86 (494,933)

Money in Monetary Policy Design: Monetary Cross-Checking in the New-Keynesian Model

ECB Working Paper No. 1191
Number of pages: 33 Posted: 26 May 2010
Günter W. Beck and Volker Wieland
University of Siegen and University of Frankfurt
Downloads 81 (518,620)

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monetary policy, New-Keynesian model, money, quantity theory, European Central Bank, policy under uncertainty

Money in Monetary Policy Design: Monetary Cross-Checking in the New-Keynesian Model

CEPR Discussion Paper No. DP7518
Number of pages: 29 Posted: 17 Nov 2009
Günter W. Beck and Volker Wieland
University of Siegen and University of Frankfurt
Downloads 5 (1,059,395)
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European Central Bank, monetary policy, money, New-Keynesian model, policy under uncertainty, quantity theory

21.

Dismantling the Boundaries of the ECB's Monetary Policy Mandate

Kronberger Kreis Studies No. 61
Number of pages: 22 Posted: 25 Apr 2016
Lars P. Feld, Clemens Fuest, Justus Haucap, Justus Haucap, Heike Schweitzer, Volker Wieland and Berthold U. Wigger
Walter Eucken Institute, ifo Institute – Leibniz Institute for Economic Research at the University of Munich, German Institute for Economic Research (DIW Berlin)Heinrich Heine University Dusseldorf - Department of Economics, Humboldt University of Berlin - Faculty of Law, University of Frankfurt and Karlsruhe Institute of Technology
Downloads 83 (505,640)

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German Federal Constitutional Court; European Court of Justice; CJEU; Outright Monetary Transactions; OMT; European Monetary Union; EMU; European Central Bank; ECB; prohibition of monetary financing of Member States; ultra vires control; cooperative relationship; judicial review

22.

Quantitative Easing: A Rationale and Some Evidence from Japan

NBER Working Paper No. w15565
Number of pages: 17 Posted: 08 Dec 2009 Last Revised: 14 Jul 2023
Volker Wieland
University of Frankfurt
Downloads 65 (579,729)

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23.

Surprising Comparative Properties of Monetary Models: Results from a New Model Database

ECB Working Paper No. 1261
Number of pages: 66 Posted: 11 Nov 2010
John B. Taylor and Volker Wieland
Stanford University and University of Frankfurt
Downloads 59 (608,281)
Citation 2

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monetary policy rules, New-Keynesian models, model uncertainty, robustness, monetary policy transmission

24.

Surprising Comparative Properties of Monetary Models: Results from a New Data Base

Downloads 40 (719,025)
Citation 8

Surprising Comparative Properties of Monetary Models: Results from a New Data Base

NBER Working Paper No. w14849
Number of pages: 41 Posted: 07 Apr 2009 Last Revised: 30 Jul 2022
John B. Taylor and Volker Wieland
Stanford University and University of Frankfurt
Downloads 37 (760,137)
Citation 1

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Surprising Comparative Properties of Monetary Models: Results from a New Data Base

CEPR Discussion Paper No. DP7294
Number of pages: 43 Posted: 15 Jul 2009
John B. Taylor and Volker Wieland
Stanford University and University of Frankfurt
Downloads 3 (1,074,510)
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Macroeconomic models, Model comparison, Monetary policy rules, Monetary policy shocks, Optimal policy, Robustness and model uncertainty

25.

Money in Monetary Policy Design Under Uncertainty: The Two-Pillar Phillips Curve Versus Ecb-Style Cross-Checking

Bundesbank Series 1 Discussion Paper No. 2007,20
Number of pages: 36 Posted: 08 Jun 2016
Günter W. Beck and Volker Wieland
University of Siegen and University of Frankfurt
Downloads 31 (784,720)

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monetary policy, quantity theory, Phillips curve, European Central Bank, policy under uncertainty

26.

Stochastic Optimization and Worst-Case Analysis in Monetary Policy Design

Downloads 20 (879,742)

Stochastic Optimization and Worst-Case Analysis in Monetary Policy Design

CEPR Discussion Paper No. 5019
Number of pages: 29 Posted: 24 Aug 2005
Stan Zakovic, Berc Rustem and Volker Wieland
Imperial College London - Accounting, Finance, and Macroeconomics, Imperial College London - Department of Computing and University of Frankfurt
Downloads 20 (908,535)
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Worst-case analysis, robust control, minimax, monetary policy rules, Euro area

Stochastic Optimization and Worst-Case Analysis in Monetary Policy Design

CFS Working Paper No. 2005/14
Posted: 06 May 2005
Berc Rustem, Volker Wieland and Stan Zakovic
Imperial College London - Department of Computing, University of Frankfurt and Imperial College London - Accounting, Finance, and Macroeconomics

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Worst-case analysis, robust control, minimax, monetary policy rules, euro area

27.

A Quantitative Exploration of the Opportunistic Approach to Disinflation

Downloads 17 (908,844)

A Quantitative Exploration of the Opportunistic Approach to Disinflation

Number of pages: 29 Posted: 20 Nov 2003
Yunus Aksoy, Athanasios Orphanides, David H. Small, David W. Wilcox and Volker Wieland
Birkbeck University of London, Massachusetts Institute of Technology (MIT) - Sloan School of Management, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System and University of Frankfurt
Downloads 17 (940,415)
Citation 5
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Inflation targeting, monetary policy, interest rates, policy rules, disinflation

A Quantitative Exploration of the Opportunistic Approach to Disinflation

CFS Working Paper 2005/19
Posted: 30 Aug 2005
Yunus Aksoy, Athanasios Orphanides, David H. Small, Volker Wieland and David W. Wilcox
Birkbeck University of London, Massachusetts Institute of Technology (MIT) - Sloan School of Management, Board of Governors of the Federal Reserve System, University of Frankfurt and Board of Governors of the Federal Reserve System

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Inflation targeting, monetary policy, interest rates, policy rules, disinflation

28.

Fiscal Stimulus and the Promise of Future Spending Cuts

CEPR Discussion Paper No. DP7615
Number of pages: 17 Posted: 11 Jan 2010
Volker Wieland
University of Frankfurt
Downloads 6 (1,011,752)
Citation 1
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discretionary fiscal policy, fiscal multiplier, fiscal stimulus, government spending, macroeconomic modeling, New Keynesian Model

29.

Complexity and Monetary Policy

CEPR Discussion Paper No. DP9107
Number of pages: 44 Posted: 28 Sep 2012
Athanasios Orphanides and Volker Wieland
Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Frankfurt
Downloads 5 (1,019,132)
Citation 10
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complexity, ECB, Financial crisis, model uncertainty, monetary policy, robust simple rules

30.

Learning, Endogenous Indexation and Disinflation in the New-Keynesian Model

Downloads 5 (1,019,132)

Learning, Endogenous Indexation and Disinflation in the New-Keynesian Model

CEPR Discussion Paper No. DP6749
Number of pages: 35 Posted: 10 Jun 2008
Volker Wieland
University of Frankfurt
Downloads 5 (1,059,395)
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disinflation, indexation, inflation targeting, learning, monetary policy, New-Keynesian model, recursive least squares

Learning, Endogenous Indexation and Disinflation in the New-Keynesian Model

CFS Working Paper No. 2008/17
Posted: 03 Jun 2008
Volker Wieland
University of Frankfurt

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Learning, Monetary Policy, New-Keynesian Model, Indexation, Inflation Targeting, Disinflation, Recursive Least Squares

31.

Asset Pricing Under Rational Learning About Rare Disasters

CEPR Discussion Paper No. DP8514
Number of pages: 55 Posted: 12 Aug 2011
Christos Koulovatianos and Volker Wieland
University of Nottingham and University of Frankfurt
Downloads 4 (1,026,035)
Citation 1
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adaptive learning, asset pricing, Bayesian learning, beliefs, controlled diffusions and jump processes, learning about jumps, rational learning

32.

Economic Projections and Rules-of-Thumb for Monetary Policy

Downloads 4 (1,026,035)
Citation 7

Economic Projections and Rules-of-Thumb for Monetary Policy

CEPR Discussion Paper No. DP6748
Number of pages: 34 Posted: 10 Jun 2008
Athanasios Orphanides and Volker Wieland
Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Frankfurt
Downloads 4 (1,067,762)
Citation 7
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FOMC, forecasts, monetary policy, policy rules

Economic Projections and Rules-of-Thumb for Monetary Policy

CFS Working Paper No. 2008/16
Posted: 03 Jun 2008
Athanasios Orphanides and Volker Wieland
Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Frankfurt

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Monetary Policy, Forecasts, FOMC, Policy Rules

33.

Fiscal Consolidation Strategy

CEPR Discussion Paper No. DP9041
Number of pages: 35 Posted: 28 Sep 2012
John F. Cogan, John B. Taylor, Volker Wieland and Maik H. Wolters
Stanford University - The Hoover Institution on War, Revolution and Peace, Stanford University, University of Frankfurt and Kiel Institute for the World Economy - IFW
Downloads 3 (1,032,498)
Citation 1
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budget deficit, fiscal consolidation strategy, fiscal policy, government debt, U.S. budget

34.

The Diversity of Forecasts from Macroeconomic Models of the U.S. Economy

Downloads 3 (1,032,498)
Citation 1

The Diversity of Forecasts from Macroeconomic Models of the U.S. Economy

CEPR Discussion Paper No. DP7870
Number of pages: 52 Posted: 19 Jul 2010
Volker Wieland and Maik H. Wolters
University of Frankfurt and Kiel Institute for the World Economy - IFW
Downloads 3 (1,074,510)
Citation 1
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Bayesian estimation, business cycles, forecast distribution, forecasting, heterogeneous beliefs, model uncertainty

The Diversity of Forecasts from Macroeconomic Models of the U.S. Economy

CFS Working Paper, No. 04, 2010
Posted: 20 Jun 2010
Volker Wieland and Maik H. Wolters
University of Frankfurt and Kiel Institute for the World Economy - IFW

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Forecasting, Business Cycles, Heterogeneous Beliefs, Forecast Distribution, Model Uncertainty, Bayesian Estimation

35.

Money in Monetary Policy Design: A Formal Characterization of ECB-Style Cross-Checking

CEPR Discussion Paper No. DP6097
Number of pages: 12 Posted: 14 May 2008
Günter W. Beck and Volker Wieland
University of Siegen and University of Frankfurt
Downloads 3 (1,032,498)
Citation 2
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European Central Bank, monetary policy, monetary policy under uncertainty, money, quantity theory

36.

On the Macroeconomic and Fiscal Effects of the Tax Cuts and Jobs Act

CEPR Discussion Paper No. DP13629
Number of pages: 48 Posted: 01 Apr 2019
Philipp Lieberknecht and Volker Wieland
Deutsche Bundesbank and University of Frankfurt
Downloads 2 (1,039,213)
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fiscal policy transmission, macroconomic modeling, Tax Cuts, tax reform, TJCA

37.

The German Federal Constitutional Court Ruling and the European Central Bank's Strategy

CEPR Discussion Paper No. DP15320
Number of pages: 41 Posted: 03 Nov 2020
Lars P. Feld and Volker Wieland
Walter Eucken Institute and University of Frankfurt
Downloads 1 (1,046,632)
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central bank independence, Monetary institutions, monetary law, Monetary policy strategy, Policy Rules, Proportionality, Quantitative easing

38.

Instability, Imprecision and Inconsistent Use of Equilibrium Real Interest Rate Estimates

CEPR Discussion Paper No. DP11927
Number of pages: 29 Posted: 27 Mar 2017
Robert Beyer and Volker Wieland
World Bank - South Asia Chief Economist Office and University of Frankfurt
Downloads 1 (1,046,632)
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equlibrium real interest rate, estimation, monetary policy

39.

New Methods for Macro-Financial Model Comparison and Policy Analysis

CEPR Discussion Paper No. DP11461
Number of pages: 83 Posted: 30 Aug 2016
Volker Wieland, Elena Afanasyeva, Meguy Kuete, Jinhyuk Yoo and Jinhyuk Yoo
University of Frankfurt, Board of Governors of the Federal Reserve System, Goethe University Frankfurt and Goethe University FrankfurtGoethe University Frankfurt - Institute for Monetary and Financial Stability (IMFS)
Downloads 1 (1,046,632)
Citation 2
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Macro-Finance, macroeconomic models, model comparison, Monetary policy, policy robustness

40.

A New Comparative Approach to Macroeconomic Modeling and Policy Analysis

Downloads 1 (1,046,632)
Citation 2

A New Comparative Approach to Macroeconomic Modeling and Policy Analysis

CEPR Discussion Paper No. DP8814
Number of pages: 101 Posted: 01 Mar 2012
Volker Wieland, Tobias J. Cwik, Gernot J. Müller, Sebastian Schmidt and Maik H. Wolters
University of Frankfurt, Board of Governors of the Federal Reserve System, University of Tuebingen - Department of Economics, Goethe University Frankfurt and Kiel Institute for the World Economy - IFW
Downloads 1 (1,091,946)
Citation 2
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fiscal policy, Macroeconomic models, model comparison, model uncertainty, monetary policy, policy rules, robustness

A New Comparative Approach to Macroeconomic Modeling and Policy Analysis

Posted: 10 Feb 2012
Volker Wieland, Tobias J. Cwik, Gernot J. Müller, Sebastian Schmidt and Maik H. Wolters
University of Frankfurt, Board of Governors of the Federal Reserve System, University of Tuebingen - Department of Economics, Goethe University Frankfurt and Kiel Institute for the World Economy - IFW

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macroeconomic models, model uncertainty, policy rules, robustness, monetary policy, fiscal policy, model comparison

41.

Model Uncertainty in Macroeconomics: On the Implications of Financial Frictions

CEPR Discussion Paper No. DP12013
Number of pages: 66 Posted: 02 May 2017
Michael Binder, Philipp Lieberknecht, Jorge Quintana and Volker Wieland
Goethe University Frankfurt, Deutsche Bundesbank, Goethe University Frankfurt and University of Frankfurt
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Financial Frictions, fiscal policy transmission, Forecasting, macroprudential policy transmission, model comparison, Model uncertainty, monetary policy transmission, New Keynesian DSGE, robust monetary policy

42.

Finding the Equilibrium Real Interest Rate in a Fog of Policy Deviations

CEPR Discussion Paper No. DP11264
Number of pages: 22 Posted: 16 May 2016
John B. Taylor and Volker Wieland
Stanford University and University of Frankfurt
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equilibrium real interest rate, interest rate rules, Monetary policy

43.

Forward Guidance and "Lower for Longer": The Case of the ECB

CEPR Discussion Paper No. DP11117
Number of pages: 30 Posted: 17 Feb 2016
Volker Wieland and Tilman Bletzinger
University of Frankfurt and Goethe University Frankfurt
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European Central Bank, forward guidance, interest rates, Monetary policy, zero bound

44.

Money in Monetary Policy Design Under Uncertainty: A Formal Characterization of ECB-Style Cross-Checking

CFS Working Paper No. 2007/18
Posted: 02 Apr 2007
Günter W. Beck and Volker Wieland
University of Siegen and University of Frankfurt

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Monetary Policy, Money, Quantity Theory, Phillips Curve, European Central Bank, Policy Under Uncertainty

45.

Mean Variance Optimization of Non-Linear Systems and Worst-Case Analysis

CFS Working Paper No. 2006/03
Posted: 07 Jun 2006
Panayiotis Parpas, Berc Rustem, Volker Wieland and Stan Zakovic
Imperial College London, Imperial College London - Department of Computing, University of Frankfurt and Imperial College London - Accounting, Finance, and Macroeconomics

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46.

Exchange-Rate Policy and the Zero Bound on Nominal Interest

Posted: 27 Apr 2004
Volker Wieland and Günter Coenen
University of Frankfurt and European Central Bank (ECB)

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Monetary policy rules, zero-interest-rate bound, liquidity trap, rational expectations, nominal rigidities, exchange rates

47.

Learning by Doing and the Value of Experimentation

Board of Governors of the Federal Reserve System Finance and Economics Discussion Series Paper No. 96-5
Posted: 06 May 1998
Volker Wieland
University of Frankfurt

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