Keith Kuester

Federal Reserve Banks - Federal Reserve Bank of Philadelphia

Ten Independence Mall

Philadelphia, PA 19106-1574

United States

SCHOLARLY PAPERS

25

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Top 28,281

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2,183

SSRN CITATIONS
Rank 1,364

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Top 1,364

in Total Papers Citations

321

CROSSREF CITATIONS

601

Scholarly Papers (25)

1.
Downloads 314 (120,958)
Citation 13

Monetary Policy with Heterogeneous Agents

FRB of Philadelphia Working Paper No. 12-21
Number of pages: 49 Posted: 18 Sep 2012
Nils Gornemann, Keith Kuester and Makoto Nakajima
Board of Governors of the Federal Reserve System, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Philadelphia
Downloads 314 (120,237)
Citation 16

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Monetary Policy, Unemployment, Search and Matching, Heterogeneous Agents, General Equilibrium

Identifying the Role of Labor Markets for Monetary Policy in an Estimated DSGE Model

ECB Working Paper No. 635, CFS Working Paper No. 2007/07
Number of pages: 63 Posted: 09 Jun 2006
European Central Bank (ECB), Federal Reserve Banks - Federal Reserve Bank of Philadelphia and European Central Bank (ECB)
Downloads 139 (258,649)
Citation 3

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Labor market, wage rigidity, bargaining, Bayesian estimation

Identifying the Role of Labor Markets for Monetary Policy in an Estimated DSGE Model

Bundesbank Series 1 Discussion Paper No. 2006,17
Number of pages: 76 Posted: 08 Jun 2016
European Central Bank (ECB), Federal Reserve Banks - Federal Reserve Bank of Philadelphia and European Central Bank (ECB)
Downloads 59 (447,398)
Citation 1

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Labor market, wage rigidity, bargaining, Bayesian estimation

Sovereign Risk, Fiscal Policy, and Macroeconomic Stability

IMF Working Paper No. NO.12/33
Number of pages: 56 Posted: 02 Feb 2012
University of Cambridge, Federal Reserve Banks - Federal Reserve Bank of Philadelphia, International Monetary Fund (IMF) and University of Tuebingen - Department of Economics
Downloads 167 (221,879)
Citation 2

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Zero Lower Bound, Risk Premium, Sovereign Risk, Sovereign Debt

Sovereign Risk, Fiscal Policy, and Macroeconomic Stability

CEPR Discussion Paper No. DP8779
Number of pages: 58 Posted: 31 Jan 2012
University of Cambridge, Federal Reserve Banks - Federal Reserve Bank of Philadelphia, International Monetary Fund (IMF) and University of Tuebingen - Department of Economics
Downloads 5 (782,614)
Citation 25
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fiscal policy, monetary policy, risk premium, sovereign risk, zero lower bound

4.
Downloads 155 (236,020)
Citation 11

Floats, Pegs and the Transmission of Fiscal Policy

FRB of Philadelphia Working Paper No. 11-9
Number of pages: 34 Posted: 24 Feb 2011
University of Cambridge, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and University of Tuebingen - Department of Economics
Downloads 151 (241,728)
Citation 6

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Fiscal policy,Monetary policy, Exchange rate regime, Long-term rates, New Keynesian models

Floats, Pegs and the Transmission of Fiscal Policy

CEPR Discussion Paper No. DP8180
Number of pages: 35 Posted: 18 Jan 2011
University of Cambridge, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and University of Tuebingen - Department of Economics
Downloads 4 (791,115)
Citation 3
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Exchange rate regimes, Fiscal Policy, Long-term rates, Monetary Policy, New-keynesian models

Optimal Monetary Policy Rules for the Euro Area: An Analysis Using the Area Wide Model

Number of pages: 55 Posted: 30 Nov 2004
Alistair Dieppe, Keith Kuester and Peter McAdam
European Central Bank (ECB), Federal Reserve Banks - Federal Reserve Bank of Philadelphia and European Central Bank (ECB)
Downloads 107 (313,923)
Citation 1

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euro area, monetary policy rule, optimization

Optimal Monetary Policy Rules for the Euro Area: An Analysis Using the Area Wide Model

Journal of Common Market Studies, Vol. 43, No. 3, pp. 507-537, September 2005
Number of pages: 31 Posted: 12 Sep 2005
Alistair Dieppe, Keith Kuester and Peter McAdam
European Central Bank (ECB), Federal Reserve Banks - Federal Reserve Bank of Philadelphia and European Central Bank (ECB)
Downloads 29 (592,890)
Citation 1
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6.

Sovereign Risk and the Effects of Fiscal Retrenchment in Deep Recessions

FRB of Philadelphia Working Paper No. 11-43
Number of pages: 68 Posted: 27 Sep 2011
University of Cambridge, Federal Reserve Banks - Federal Reserve Bank of Philadelphia, International Monetary Fund (IMF) and University of Tuebingen - Department of Economics
Downloads 126 (277,768)
Citation 6

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fiscal consolidation, monetary policy, zero lower bound, risk premium, sovereign risk channel

7.

Is the New Keynesian Phillips Curve Flat?

ECB Working Paper No. 809
Number of pages: 35 Posted: 19 Sep 2007
Keith Kuester, Gernot J. Müller and Sarah Stölting
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, University of Tuebingen - Department of Economics and European University Institute
Downloads 110 (306,078)
Citation 1

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Price Rigidities, New Keynesian Phillips Curve, Cost-push shocks, GMM estimation

8.

The Impact of Labor Markets on the Transmission of Monetary Policy in an Estimated DSGE Model

IZA Discussion Paper No. 1902
Number of pages: 60 Posted: 20 Jan 2006
European Central Bank (ECB), Federal Reserve Banks - Federal Reserve Bank of Philadelphia and European Central Bank (ECB)
Downloads 100 (326,443)

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labor market, wage rigidity, bargaining, Bayesian estimation

9.

Real Price and Wage Rigidities in a Model with Matching Frictions

ECB Working Paper No. 720
Number of pages: 49 Posted: 06 Feb 2007
Keith Kuester
Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 97 (332,858)

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firm-specific labor, real rigidities, Phillips curve, wage rigidity, bargaining

Inflation Dynamics with Labour Market Matching: Assessing Alternative Specifications

National Bank of Belgium Working Paper No. 164
Number of pages: 57 Posted: 29 Sep 2010
European Central Bank (ECB), Banco de España - Research Department, Facultés Universitaires Notre-Dame de la Paix (FUNDP) - Faculty of Economics, Management and Social Sciences, Federal Reserve Banks - Federal Reserve Bank of Philadelphia, European Central Bank (ECB), Bank of England and Banque Centrale du Luxembourg
Downloads 53 (470,718)
Citation 62

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Inflation Dynamics, Labour Market, Business Cycle, Real Rigidities

Inflation Dynamics with Labour Market Matching: Assessing Alternative Specifications

FRB of Philadelphia Working Paper No. 09-6, Bank of England Working Paper No. 375
Number of pages: 53 Posted: 25 Mar 2009
European Central Bank (ECB), Banco de España - Research Department, affiliation not provided to SSRN, Federal Reserve Banks - Federal Reserve Bank of Philadelphia, European Central Bank (ECB), Bank of England and Banque Centrale du Luxembourg
Downloads 38 (540,583)
Citation 60

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inflation dynamics, labour market, business cycle, real rigidities

Inflation Dynamics with Labour Market Matching: Assessing Alternative Specifications

ECB Working Paper No. 1053
Posted: 04 Mar 2010
European Central Bank (ECB), Banco de España - Research Department, Facultés Universitaires Notre-Dame de la Paix (FUNDP) - Faculty of Economics, Management and Social Sciences, Federal Reserve Banks - Federal Reserve Bank of Philadelphia, European Central Bank (ECB), Bank of England and Banque Centrale du Luxembourg

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Inflation Dynamics, Labour Market, Business Cycle, Real Rigidities

Doves for the Rich, Hawks for the Poor? Distributional Consequences of Monetary Policy

International Finance Discussion Paper No. 1167
Number of pages: 43 Posted: 31 May 2016 Last Revised: 06 Jan 2017
Nils Gornemann, Keith Kuester and Makoto Nakajima
Board of Governors of the Federal Reserve System, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Philadelphia
Downloads 85 (364,855)
Citation 2

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Doves for the Rich, Hawks for the Poor? Distributional Consequences of Monetary Policy

CEPR Discussion Paper No. DP11233
Number of pages: 55 Posted: 18 Apr 2016
Nils Gornemann, Keith Kuester and Makoto Nakajima
Board of Governors of the Federal Reserve System, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Philadelphia
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Citation 1
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General Equilibrium, Heterogeneous Agents, Monetary policy, Search and Matching, Unemployment

12.
Downloads 82 (369,428)
Citation 52

Fiscal Volatility Shocks and Economic Activity

PIER Working Paper No. 11-022
Number of pages: 47 Posted: 12 Aug 2011
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Atlanta - Research Department
Downloads 59 (447,398)
Citation 40

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DSGE models, Uncertainty, Fiscal Policy, Monetary Policy

Fiscal Volatility Shocks and Economic Activity

NBER Working Paper No. w17317
Number of pages: 47 Posted: 29 Aug 2011 Last Revised: 30 Aug 2021
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Atlanta - Research Department
Downloads 23 (635,094)
Citation 18

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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 44 (510,611)

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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 22 (642,646)
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 (705,926)
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Model uncertainty, robustness, monetary policy rules, minimax, Euro area

14.

The Elasticity of the Unemployment Rate with Respect to Benefits

FRB of Philadelphia Working Paper No. 08-15
Number of pages: 11 Posted: 06 Sep 2008
Kai Philipp Christoffel and Keith Kuester
European Central Bank (ECB) and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 75 (388,973)
Citation 4

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Real business cycles, bargaining, structural reforms, unemployment insurance

The Role of Labor Markets for Euro Area Monetary Policy

ECB Working Paper No. 1035
Number of pages: 67 Posted: 25 Mar 2009
European Central Bank (ECB), Federal Reserve Banks - Federal Reserve Bank of Philadelphia and European Central Bank (ECB)
Downloads 36 (551,275)
Citation 2

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Labor Market, wage rigidity, bargaining, Bayesian estimation

The Role of Labor Markets for Euro Area Monetary Policy

FRB of Philadelphia Working Paper No. 09-01
Number of pages: 58 Posted: 05 Feb 2009
European Central Bank (ECB), Federal Reserve Banks - Federal Reserve Bank of Philadelphia and European Central Bank (ECB)
Downloads 24 (627,801)
Citation 18

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Labor Market, wage rigidity, bargaining, Bayesian estimation

16.

The (Un)Importance of Unemployment Fluctuations for Welfare

FRB of Philadelphia Working Paper No. 08-31
Number of pages: 34 Posted: 06 Feb 2009
Philip Jung and Keith Kuester
University of Bonn and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 55 (455,651)
Citation 10

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Cost of business cycles, unemployment, search and matching

17.

Wage, Inflation and Employment Dynamics with Labour Market Matching

Banco de Espana Working Paper No. 0918
Number of pages: 47 Posted: 26 Aug 2009
European Central Bank (ECB), Banco de España - Research Department, Facultés Universitaires Notre-Dame de la Paix (FUNDP) - Faculty of Economics, Management and Social Sciences, Federal Reserve Banks - Federal Reserve Bank of Philadelphia, European Central Bank (ECB), Bank of England and Banque Centrale du Luxembourg
Downloads 54 (459,298)
Citation 40

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inflation dynamics, labour market, business cycle, real rigidities

18.

Optimal Labor-Market Policy in Recessions

FRB of Philadelphia Working Paper No. 11-48
Number of pages: 48 Posted: 04 Dec 2011
Philip Jung and Keith Kuester
University of Mannheim, School of Economics (VWL), Department of Economics and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 53 (463,119)
Citation 3

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unemployment, search and matching, endogenous separations

19.

Optimal Labor-Market Policy in Recessions

FRB of Philadelphia Working Paper No. 11-48
Number of pages: 48 Posted: 29 Jul 2012
Keith Kuester and Philip Jung
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and University of Mannheim, School of Economics (VWL), Department of Economics
Downloads 48 (483,246)
Citation 3

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Sovereign Risk and Belief-Driven Fluctuations in the Euro Area

IMF Working Paper No. 13/227
Number of pages: 50 Posted: 10 Dec 2013
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, University of Cambridge, University of Tuebingen - Department of Economics and International Monetary Fund (IMF) - Middle East and Central Asia Department
Downloads 41 (525,149)

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Sovereign debt, Euro Area, Fiscal risk, Risk premium, Fiscal policy, Monetary policy, Economic models, Sovereign risk channel, monetary union, zero lower bound, risk premium, pooling of sovereign risk, government spending, fiscal stance, spending cuts, tax revenue, fiscal multiplier, aggregate demand, government expenditure, public debt, fiscal expansion, fiscal stress, fiscal austerity, public finances, fiscal impulse, fiscal outlook, fiscal response, fiscal policies, government deficit, fiscal stances, tax systems, fiscal risks, government budget, fiscal deficits, taxation, fiscal transfer, public expenditures, budget constraint, primary expenditure, fiscal theory, fiscal limits, expansion

Sovereign Risk and Belief-Driven Fluctuations in the Euro Area

CEPR Discussion Paper No. DP9723
Number of pages: 51 Posted: 08 Nov 2013
University of Cambridge, Federal Reserve Banks - Federal Reserve Bank of Philadelphia, International Monetary Fund (IMF) and University of Tuebingen - Department of Economics
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Citation 8
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euro area, monetary union, pooling of sovereign risk, risk premium, sovereign risk channel, zero lower bound

21.

Resuscitating the Wage Channel in Models with Unemployment Fluctuations

ECB Working Paper No. 923
Number of pages: 49 Posted: 26 Aug 2008
Kai Philipp Christoffel and Keith Kuester
European Central Bank (ECB) and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 28 (583,447)
Citation 3

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Bargaining, Unemployment, Business Cycle, Real Rigidities

22.

Debt Consolidation and Fiscal Stabilization of Deep Recessions

CEPR Discussion Paper No. DP7649
Number of pages: 14 Posted: 08 Feb 2010
University of Cambridge, Federal Reserve Banks - Federal Reserve Bank of Philadelphia, International Monetary Fund (IMF) and University of Tuebingen - Department of Economics
Downloads 23 (615,979)
Citation 10
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consolidation, exit strategy, fiscal multiplier, Fiscal policy, fiscal stabilization, monetary policy, zero lower bound

23.

Fixed on Flexible: Rethinking Exchange Rate Regimes after the Great Recession

CEPR Discussion Paper No. DP12197
Number of pages: 53 Posted: 11 Aug 2017
University of Cambridge, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and University of Tuebingen - Department of Economics
Downloads 0 (804,767)
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Benign coincidence, Currency union, Exchange rate, Exchange rate peg, external shock, Fiscal Multiplier, great recession, zero lower bound

24.

The Case for Flexible Exchange Rates in a Great Recession

CEPR Discussion Paper No. DP11432
Number of pages: 42 Posted: 16 Aug 2016
University of Cambridge, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and University of Tuebingen - Department of Economics
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Benign coincidence, Exchange rate, external shock, External-demand multiplier, Fiscal Multiplier, great recession, zero lower bound

25.

Value-at-Risk Prediction: A Comparison of Alternative Strategies

Journal of Financial Econometrics, Vol. 4, No. 1, pp. 53-89, 2006
Posted: 29 Feb 2008
Keith Kuester, Stefan Mittnik and Marc S. Paolella
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, University of Kiel - Institute of Statistics & Econometrics and University of Zurich - Department of Banking and Finance

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empirical finance, extreme value theory, fat tails, GARCH, quantile regression