Stephanie Schmitt-Grohé

Centre for Economic Policy Research (CEPR)

Fellow

77 Bastwick Street

London, EC1V 3PZ

United Kingdom

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

66

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10,347

CITATIONS
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SSRN RANKINGS

Top 296

in Total Papers Citations

1,322

Scholarly Papers (66)

1.

Stabilization Policy and the Costs of Dollarization

Number of pages: 28 Posted: 09 Aug 2000
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 1,318 (11,027)
Citation 32

Abstract:

2.
Downloads 1,242 ( 12,425)
Citation 181

Closing Small Open Economy Models

Number of pages: 15 Posted: 11 Nov 2001
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 1,153 (13,718)
Citation 181

Abstract:

Small Open Economy, Stationarity, Complete and Incomplete Asset Markets

Closing Small Open Economy Models

NBER Working Paper No. w9270
Number of pages: 21 Posted: 11 Oct 2002
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 70 (282,996)
Citation 181

Abstract:

Closing Small Open Economy Models

CEPR Discussion Paper No. 3096
Number of pages: 17 Posted: 10 Jan 2002
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 19 (470,580)
Citation 181
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Abstract:

Small open economy, stationarity, complete and incomplete asset markets

3.
Downloads 1,198 ( 13,189)
Citation 93

Optimal Fiscal And Monetary Policy Under Sticky Prices

Number of pages: 31 Posted: 16 Jul 2001
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 1,142 (13,925)
Citation 93

Abstract:

Optimal Fiscal and Monetary Policy, Sticky Prices, Optimal Inflation Volatility, Tax Smoothing

Optimal Fiscal and Monetary Policy Under Sticky Prices

NBER Working Paper No. w9220
Number of pages: 32 Posted: 20 Sep 2002 Last Revised: 29 Oct 2010
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 40 (369,907)
Citation 93

Abstract:

Optimal Fiscal and Monetary Policy Under Sticky Prices

CEPR Discussion Paper No. 2942
Number of pages: 34 Posted: 06 Sep 2001
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 16 (487,874)
Citation 93
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Abstract:

Optimal fiscal and monetary policy, sticky prices, optimal inflation volatility, tax smoothing

Optimal Fiscal and Monetary Policy Under Imperfect Competition

Number of pages: 28 Posted: 29 Jan 2001
Martín Uribe and Stephanie Schmitt-Grohé
Columbia University - Graduate School of Arts and Sciences - Department of Economics and Centre for Economic Policy Research (CEPR)
Downloads 982 (17,546)
Citation 31

Abstract:

Optimal Fiscal and Monetary Policy, Friedman rule, Imperfect competition

Optimal Fiscal and Monetary Policy Under Imperfect Competition

NBER Working Paper No. w10149
Number of pages: 41 Posted: 11 Dec 2003
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 22 (453,095)
Citation 31

Abstract:

Optimal Fiscal and Monetary Policy Under Imperfect Competition

CEPR Discussion Paper No. 2688
Number of pages: 33 Posted: 28 Feb 2001
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 18 (476,362)
Citation 31
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Abstract:

Imperfect Competition, Optimal Fiscal and Monetary Policy, Ramsey Equilibria

Solving Dynamic General Equilibrium Models Using a Second-Order Approximation to the Policy Function

Number of pages: 25 Posted: 03 Aug 2001
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 957 (18,233)
Citation 136

Abstract:

dynamic general equilibrium models, perturbation methods, second-order approximation

Solving Dynamic General Equilibrium Models Using a Second-Order Approximation to the Policy Function

CEPR Discussion Paper No. 2963
Number of pages: 14 Posted: 28 Sep 2001
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 26 (430,586)
Citation 136
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Abstract:

Solving dynamic general equilibrium models, second order approximation, MATLAB code

Solving Dynamic General Equilibrium Models Using a Second-Order Approximation to the Policy Function

NBER Working Paper No. t0282
Number of pages: 26 Posted: 19 Oct 2002
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 20 (464,637)
Citation 136

Abstract:

6.

Dollarization and Seignorage: How Much is at Stake?

Number of pages: 3 Posted: 15 Nov 1999
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 766 (24,205)
Citation 3

Abstract:

Anticipated Ramsey Reforms and the Uniform Taxation Principle: The Role of International Financial Markets

ECB Working Paper No. 210
Number of pages: 63 Posted: 06 Feb 2003
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 487 (46,494)
Citation 3

Abstract:

Optimal monetary and fiscal policy, open economies, anticipated Ramsey policy

Anticipated Ramsey Reforms and the Uniform Taxation Principle: The Role of International Financial Markets

NBER Working Paper No. w9862
Number of pages: 53 Posted: 20 Jul 2003
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 23 (447,337)
Citation 3

Abstract:

Anticipated Ramsey Reforms and the Uniform Taxation Principle: The Role of International Financial Markets

CEPR Discussion Paper No. 3438
Number of pages: 55 Posted: 20 Aug 2002
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 16 (487,874)
Citation 3
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Abstract:

Optimal monetary and fiscal policy, open economies, anticipated Ramsey policy

8.
Downloads 504 ( 45,081)
Citation 3

Liquidity Traps with Global Taylor Rules

Number of pages: 25 Posted: 26 Sep 2000
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 487 (46,494)
Citation 3

Abstract:

Taylor rules, liquidity traps, zero bound on nominal interest rates

Liquidity Traps with Global Taylor Rules

CEPR Discussion Paper No. 2969
Number of pages: 27 Posted: 02 Oct 2001
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 17 (482,205)
Citation 3
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Abstract:

Taylor rules, liquidity traps, zero bound on nominal interest rates

Optimal Simple and Implementable Monetary and Fiscal Rules

Number of pages: 50 Posted: 23 Jan 2004
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 352 (69,220)
Citation 100

Abstract:

Optimal fiscal and monetary policy, nominal rigidities, optimal inflation volatility, second-order approximation techniques

Optimal Simple and Implementable Monetary and Fiscal Rules

NBER Working Paper No. w10253
Number of pages: 51 Posted: 31 Jan 2004
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 21 (458,813)
Citation 102

Abstract:

Optimal Simple and Implementable Monetary and Fiscal Rules

CEPR Discussion Paper No. 4334
Number of pages: 53 Posted: 05 May 2004
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 15 (493,760)
Citation 102
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Abstract:

Optimal fiscal and monetary policy, nominal rigidities, optimal inflation volatility, second-order approximation techniques

10.

Chaotic Interest Rate Rules

Number of pages: 21 Posted: 19 Aug 2001
Jess Benhabib, Stephanie Schmitt-Grohé and Martín Uribe
New York University - Leonard N. Stern School of Business - Department of Economics, Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 356 (64,829)
Citation 12

Abstract:

Taylor rules, chaos, periodic equilibria

Backward-looking Interest-rate Rules, Interest-rate Smoothing, and Macroeconomic Instability

PIER Working Paper No. 03-005
Number of pages: 42 Posted: 22 Feb 2003
Jess Benhabib, Stephanie Schmitt-Grohé and Martín Uribe
New York University - Leonard N. Stern School of Business - Department of Economics, Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 284 (88,566)
Citation 6

Abstract:

Backward Looking Taylor Rules, Endogenous Cycles, Sticky Prices

Backward-Looking Interest-Rate Rules, Interest-Rate Smoothing, and Macroeconomic Instability

NBER Working Paper No. w9558
Number of pages: 42 Posted: 15 Mar 2003 Last Revised: 01 Nov 2010
Jess Benhabib, Stephanie Schmitt-Grohé and Martín Uribe
New York University - Leonard N. Stern School of Business - Department of Economics, Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 26 (430,586)
Citation 6

Abstract:

Backward-Looking Interest Rate Rules, Interest Rate Smoothing and Macroeconomic Instability

CEPR Discussion Paper No. 3928
Number of pages: 45 Posted: 06 Aug 2003
Jess Benhabib, Stephanie Schmitt-Grohé and Martín Uribe
New York University - Leonard N. Stern School of Business - Department of Economics, Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 16 (487,874)
Citation 6
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Abstract:

Backward-looking Taylor rules, endogenous cycles, sticky prices

12.
Downloads 257 ( 99,104)
Citation 57

Avoiding Liquidity Traps

Number of pages: 32 Posted: 12 Jan 2000
Jess Benhabib, Stephanie Schmitt-Grohé and Martín Uribe
New York University - Leonard N. Stern School of Business - Department of Economics, Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 232 (109,766)
Citation 57

Abstract:

Avoiding Liquidity Traps

CEPR Discussion Paper No. 2948
Number of pages: 44 Posted: 20 Sep 2001
Jess Benhabib, Stephanie Schmitt-Grohé and Martín Uribe
New York University - Leonard N. Stern School of Business - Department of Economics, Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 25 (436,069)
Citation 57
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Abstract:

Taylor rules, liquidity traps, zero-bound on nominal interest rates

Avoiding Liquidity Traps

Journal of Political Economy, Vol. 110, June 2002
Posted: 30 Jul 2002
Jess Benhabib, Stephanie Schmitt-Grohé and Martín Uribe
New York University - Leonard N. Stern School of Business - Department of Economics, Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics

Abstract:

13.

The Perils of Taylor Rules

Number of pages: 30 Posted: 20 Aug 1999
Jess Benhabib, Stephanie Schmitt-Grohé and Martín Uribe
New York University - Leonard N. Stern School of Business - Department of Economics, Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 176 (137,005)
Citation 80

Abstract:

14.

Monetary Policy and Multiple Equilibria

Board of Governors of the Federal Reserve System, FEDS No. (98-29)
Number of pages: 23 Posted: 14 Aug 1998
Jess Benhabib, Stephanie Schmitt-Grohé and Martín Uribe
New York University - Leonard N. Stern School of Business - Department of Economics, Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 126 (186,098)
Citation 80

Abstract:

15.

Price Level Determinacy and Monetary Policy Under a Balanced-Budget Requirement

97-17
Number of pages: 25 Posted: 07 Jul 1997
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 114 (195,610)
Citation 30

Abstract:

16.

Optimal Fiscal and Monetary Policy in a Medium-Scale Macroeconomic Model

ECB Working Paper No. 612
Number of pages: 64 Posted: 22 May 2006
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 105 (217,122)
Citation 33

Abstract:

Ramsey policy, inflation stabilization, tax smoothing, time to tax

17.

What's News in Business Cycles

NBER Working Paper No. w14215
Number of pages: 51 Posted: 18 Aug 2008
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 58 (300,973)
Citation 30

Abstract:

18.
Downloads 53 (322,320)
Citation 56

Deep Habits

NBER Working Paper No. W10261
Number of pages: 42 Posted: 31 Jan 2004
Morten O. Ravn, Stephanie Schmitt-Grohé and Martín Uribe
European University Institute - Economics Department (ECO), Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 33 (397,481)
Citation 56

Abstract:

Deep Habits

CEPR Discussion Paper No. 4269
Number of pages: 44 Posted: 01 Apr 2004
Morten O. Ravn, Stephanie Schmitt-Grohé and Martín Uribe
European University Institute - Economics Department (ECO), Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 20 (464,637)
Citation 56
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Abstract:

Habit formation, customer market models, switching cost models, time varying mark-ups, business cycles

19.
Downloads 43 (352,637)
Citation 6

The Macroeconomics of Subsistence Points

NBER Working Paper No. w11012
Number of pages: 16 Posted: 26 Jan 2005 Last Revised: 05 Aug 2010
Morten O. Ravn, Stephanie Schmitt-Grohé and Martín Uribe
European University Institute - Economics Department (ECO), Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 26 (430,586)
Citation 6

Abstract:

The Macroeconomics of Subsistence Points

CEPR Discussion Paper No. 4843
Number of pages: 18 Posted: 05 May 2005
Morten O. Ravn, Stephanie Schmitt-Grohé and Martín Uribe
European University Institute - Economics Department (ECO), Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 17 (482,205)
Citation 6
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Abstract:

Non-homothetic preferences, time-varying markups, business cycles

20.

Y2K

Number of pages: 7 Posted: 23 Apr 1999
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 43 (331,139)

Abstract:

21.

Optimal Fiscal and Monetary Policy in a Medium-Scale Macroeconomic Model: Expanded Version

NBER Working Paper No. w11417
Number of pages: 63 Posted: 06 Jul 2005 Last Revised: 13 Sep 2010
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 38 (352,637)
Citation 33

Abstract:

A Model of the Twin Ds: Optimal Default and Devaluation

FRB Atlanta CQER Working Paper No. 15-1
Number of pages: 32 Posted: 16 Apr 2015
Seunghoon Na, Stephanie Schmitt-Grohé, Martín Uribe and Vivian Z. Yue
Columbia University, Graduate School of Arts and Sciences, Department of Economics, Centre for Economic Policy Research (CEPR), Columbia University - Graduate School of Arts and Sciences - Department of Economics and Federal Reserve Board of Governors
Downloads 35 (389,235)

Abstract:

sovereign default, exchange rates, optimal monetary policy, capital controls, downward nominal wage rigidity, currency pegs

The Twin Ds: Optimal Default and Devaluation

NBER Working Paper No. w20314
Number of pages: 55 Posted: 24 Jul 2014
Seunghoon Na, Stephanie Schmitt-Grohé, Martín Uribe and Vivian Z. Yue
Columbia University, Graduate School of Arts and Sciences, Department of Economics, Centre for Economic Policy Research (CEPR), Columbia University - Graduate School of Arts and Sciences - Department of Economics and Federal Reserve Board of Governors
Downloads 2 (568,238)

Abstract:

A Model of the Twin Ds: Optimal Default and Devaluation

CEPR Discussion Paper No. DP10697
Number of pages: 34 Posted: 13 Jul 2015
Seunghoon Na, Stephanie Schmitt-Grohé, Martín Uribe and Vivian Z. Yue
Columbia University, Graduate School of Arts and Sciences, Department of Economics, Centre for Economic Policy Research (CEPR), Columbia University - Graduate School of Arts and Sciences - Department of Economics and Federal Reserve Board of Governors
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Abstract:

capital controls, currency pegs, downward nominal wage rigidity, exchange rates, optimal monetary policy, sovereign default

Explaining the Effects of Government Spending Shocks on Consumption and the Real Exchange Rate

NBER Working Paper No. w13328
Number of pages: 38 Posted: 24 Aug 2007
Morten O. Ravn, Stephanie Schmitt-Grohé and Martín Uribe
European University Institute - Economics Department (ECO), Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 36 (385,203)
Citation 26

Abstract:

Explaining the Effects of Government Spending Shocks on Consumption and the Real Exchange Rate

CEPR Discussion Paper No. DP6541
Number of pages: 40 Posted: 05 Jun 2008
Morten O. Ravn, Stephanie Schmitt-Grohé and Martín Uribe
European University Institute - Economics Department (ECO), Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 1 (579,783)
Citation 26
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Abstract:

Countercyclical Mark-ups, Deep Habits, Government Spending Shocks, Real exchange rate movements

24.

The Making of a Great Contraction with a Liquidity Trap and a Jobless Recovery

NBER Working Paper No. w18544
Number of pages: 39 Posted: 20 Nov 2012
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 33 (376,865)

Abstract:

25.

Chaotic Interest Rate Rules: Expanded Version

NBER Working Paper No. w10272
Number of pages: 21 Posted: 31 Jan 2004 Last Revised: 28 Jul 2010
Jess Benhabib, Stephanie Schmitt-Grohé and Martín Uribe
New York University - Leonard N. Stern School of Business - Department of Economics, Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 32 (392,213)
Citation 11

Abstract:

26.

Optimal Inflation Stabilization in a Medium-Scale Macroeconomic Model

NBER Working Paper No. w11854
Number of pages: 61 Posted: 31 Jul 2006
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 29 (392,213)
Citation 24

Abstract:

27.

Optimal Operational Monetary Policy in the Christiano-Eichenbaum-Evans Model of the U.S. Business Cycle

NBER Working Paper No. w10724
Number of pages: 52 Posted: 17 Sep 2004
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 29 (396,273)
Citation 25

Abstract:

28.

Comparing Two Variants of Calvo-Type Wage Stickiness

NBER Working Paper No. w12740
Number of pages: 30 Posted: 07 Dec 2006
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 27 (404,854)
Citation 2

Abstract:

29.
Downloads 25 (423,558)
Citation 5

Pricing to Habits and the Law of One Price

NBER Working Paper No. w12731
Number of pages: 14 Posted: 06 Dec 2006
Morten O. Ravn, Stephanie Schmitt-Grohé and Martín Uribe
European University Institute - Economics Department (ECO), Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 22 (453,095)
Citation 5

Abstract:

Pricing to Habits and the Law of One Price

CEPR Discussion Paper No. 6030
Number of pages: 16 Posted: 26 Jun 2007
Morten O. Ravn, Stephanie Schmitt-Grohé and Martín Uribe
European University Institute - Economics Department (ECO), Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 3 (560,083)
Citation 5
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Abstract:

Countercyclical markup, deep habits, government spending, Law of one price, real exchange rate

30.
Downloads 24 (428,572)
Citation 6

Incomplete Cost Pass-Through Under Deep Habits

NBER Working Paper No. w12961
Number of pages: 20 Posted: 15 Mar 2007
Morten O. Ravn, Stephanie Schmitt-Grohé and Martín Uribe
European University Institute - Economics Department (ECO), Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 21 (458,813)
Citation 6

Abstract:

Incomplete Cost Pass-Through Under Deep Habits

CEPR Discussion Paper No. DP6674
Number of pages: 25 Posted: 09 Jun 2008
Morten O. Ravn, Stephanie Schmitt-Grohé and Martín Uribe
European University Institute - Economics Department (ECO), Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 3 (560,083)
Citation 6
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Abstract:

cost pass-through, deep habits, markups

31.

Policy Implications of the New Keynesian Phillips Curve

FRB Richmond Economic Quarterly, Vol. 94, No. 4, Fall 2008, pp. 435-465
Number of pages: 31 Posted: 11 Dec 2012
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 23 (396,273)

Abstract:

32.

The Optimal Rate of Inflation

NBER Working Paper No. w16054
Number of pages: 79 Posted: 07 Jun 2010
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 23 (413,838)
Citation 8

Abstract:

33.

Managing Currency Pegs

NBER Working Paper No. w18092
Number of pages: 17 Posted: 19 May 2012
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 17 (444,046)

Abstract:

34.

Optimal Simple and Implementable Monetary and Fiscal Rules: Expanded Version

NBER Working Paper No. w12402
Number of pages: 61 Posted: 13 Aug 2006
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 17 (433,704)
Citation 90

Abstract:

35.

Optimal Operational Monetary Policy in the Christiano-Eichenbaum-Evans Model of the US Business Cycle

CEPR Discussion Paper No. 4654
Number of pages: 55 Posted: 03 Dec 2004
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 15 (475,315)
Citation 22
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Abstract:

Monetary policy evaluation, inflation stabilization, business cycles

A Model-Based Evaluation of the Debate on the Size of the Tax Multiplier

NBER Working Paper No. w16169
Number of pages: 27 Posted: 12 Jul 2010 Last Revised: 07 Sep 2010
Ryan Chahrour, Stephanie Schmitt-Grohé and Martín Uribe
Boston College - Department of Economics, Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 12 (511,366)
Citation 3

Abstract:

A Model-Based Evaluation of the Debate on the Size of the Tax Multiplier

CEPR Discussion Paper No. DP7930
Number of pages: 29 Posted: 19 Jul 2010
Ryan Chahrour, Stephanie Schmitt-Grohé and Martín Uribe
Boston College - Department of Economics, Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 2 (568,238)
Citation 3
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Abstract:

DSGE Model, Narrative Approach, Tax Multiplier, VAR tax shocks

37.

Liquidity Traps: An Interest-Rate-Based Exit Strategy

NBER Working Paper No. w16514
Number of pages: 16 Posted: 08 Nov 2010
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 13 (464,961)
Citation 1

Abstract:

38.

Foreign Demand for Domestic Currency and the Optimal Rate of Inflation

NBER Working Paper No. w15494
Number of pages: 19 Posted: 17 Nov 2009
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 13 (470,097)
Citation 3

Abstract:

39.

Optimal Inflation Stabilization in a Medium-Scale Macroeonomic Model

CEPR Discussion Paper No. 5424
Number of pages: 59 Posted: 07 Apr 2006
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 12 (491,005)
Citation 21
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Abstract:

Ramsey policy, interest rate rules, nominal rigidities, real rigidities

40.

Business Cycles with a Common Trend in Neutral and Investment-Specific Productivity

NBER Working Paper No. w16071
Number of pages: 27 Posted: 14 Jun 2010
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 9 (496,144)
Citation 5

Abstract:

41.

Prudential Policy for Peggers

NBER Working Paper No. w18031
Number of pages: 34 Posted: 04 May 2012
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 8 (501,119)
Citation 1

Abstract:

42.

Pegs and Pain

NBER Working Paper No. w16847
Number of pages: 59 Posted: 07 Mar 2011
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 8 (496,144)

Abstract:

43.
Downloads 8 (510,982)
Citation 30

What's News in Business Cycles

CEPR Discussion Paper No. DP7201
Number of pages: 56 Posted: 11 Mar 2009
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 5 (549,159)
Citation 30
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Abstract:

anticipated shocks, Bayesian estimation, sources of aggregate fluctuations

What's News in Business Cycles

CEPR Discussion Paper No. DP8984
Number of pages: 39 Posted: 28 Sep 2012
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 3 (560,083)
Citation 26
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Abstract:

Anticipated Shocks, Bayesian Estimation., Sources of Aggregate Fluctuations

44.

The Case for Temporary Inflation in the Eurozone

CEPR Discussion Paper No. DP9133
Number of pages: 18 Posted: 28 Sep 2012
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
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Abstract:

currency pegs, downward wage rigidity, inflation, monetary union

45.

On Quality Bias and Inflation Targets

NBER Working Paper No. w15505
Number of pages: 11 Posted: 17 Nov 2009
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
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Citation 2

Abstract:

46.

How Important are Terms of Trade Shocks?

NBER Working Paper No. w21253
Number of pages: 38 Posted: 08 Jun 2015
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
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Abstract:

47.

The Optimal Rate of Inflation

CEPR Discussion Paper No. DP7864
Number of pages: 80 Posted: 19 Jul 2010
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
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Citation 8
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Abstract:

downward nominal rigidities, foreign demand for money, Friedman Rule, quality bias, Ramsey policy, sticky-prices, zero bound

48.

On Quality Bias and Inflation Targets

CEPR Discussion Paper No. DP7550
Number of pages: 12 Posted: 11 Jan 2010
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
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Citation 2
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Abstract:

Inflation Targets, Quality Bias, Ramsey Policy

Multiple Equilibria in Open Economy Models with Collateral Constraints: Overborrowing Revisited

NBER Working Paper No. w22264
Number of pages: 29 Posted: 01 Jun 2016
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
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Abstract:

Multiple Equilibria in Open Economy Models with Collateral Constraints: Overborrowing Revisited

CEPR Discussion Paper No. DP11623
Number of pages: 31 Posted: 14 Nov 2016
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
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Abstract:

capital controls., Collateral constraints, Financial crises, overborrowing, Pecuniary externalities, underborrowing

Is Optimal Capital-Control Policy Countercyclical in Open-Economy Models with Collateral Constraints?

NBER Working Paper No. w22481
Number of pages: 34 Posted: 08 Aug 2016
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
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Abstract:

Is Optimal Capital-Control Policy Countercyclical in Open-Economy Models with Collateral Constraints?

CEPR Discussion Paper No. DP11619
Number of pages: 29 Posted: 14 Nov 2016
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
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51.

The Making of a Great Contraction with a Liquidity Trap and a Jobless Recovery

CEPR Discussion Paper No. DP9237
Number of pages: 40 Posted: 01 Feb 2013
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
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Abstract:

Confidence shock, Jobless Recoveries, Liquidity Traps, Taylor Rule, Wage rigidity

52.

Pegs, Downward Wage Rigidity, and Unemployment: The Role of Financial Structure

NBER Working Paper No. w18223
Number of pages: 25 Posted: 14 Jul 2012
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
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Abstract:

53.

Business Cycles with a Common Trend in Neutral and Investment-Specific Productivity

CEPR Discussion Paper No. DP7878
Number of pages: 28 Posted: 19 Jul 2010
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
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Citation 5
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Abstract:

Common Trend, Investment Specific Technlogy Shocks, Maximum Likelihood Estimation of DSGE Model, Neutral Technology Shocks, Sources of Business Cycles

54.

Foreign Demand for Domestic Currency and the Optimal Rate of Inflation

CEPR Discussion Paper No. DP7549
Number of pages: 20 Posted: 11 Jan 2010
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
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Citation 3
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Abstract:

Foreign demand for Currency, Friedman Rule, Optimal Inflation Rate

55.

Deep Habits and the Dynamic Effects of Monetary Policy Shocks

CEPR Discussion Paper No. DP7128
Number of pages: 40 Posted: 18 Feb 2009
Morten O. Ravn, Stephanie Schmitt-Grohé, Martín Uribe and Lenno Uusküla
European University Institute - Economics Department (ECO), Centre for Economic Policy Research (CEPR), Columbia University - Graduate School of Arts and Sciences - Department of Economics and Bank of Estonia
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Citation 1
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Abstract:

countercyclical markup, deep habits, inflation persistence, monetayr policy shocks, price puzzle

56.

Managing Currency Pegs

CEPR Discussion Paper No. DP8983
Number of pages: 18 Posted: 28 Sep 2012
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
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Abstract:

capital controls, Currency pegs, downward nominal wage rigidity, pecuniary externality

57.

Pegs and Pain

CEPR Discussion Paper No. DP8275
Number of pages: 36 Posted: 14 Mar 2011
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
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Abstract:

Currency pegs, currency unions, devaluation, disequilibrium model, downward wage rigidity, unemployment

58.

Prudential Policy for Peggers

CEPR Discussion Paper No. DP8961
Number of pages: 34 Posted: 25 May 2012
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
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Citation 1
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Abstract:

capital controls, currency pegs, downward wage rigidity, pecuniary externality

59.

Learning to Live in a Liquidity Trap

NBER Working Paper No. w23725
Number of pages: 32 Posted: 21 Aug 2017
Jasmina Arifovic, Stephanie Schmitt-Grohé and Martín Uribe
Simon Fraser University (SFU) - Department of Economics, Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
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Abstract:

60.

Adjustment to Small, Large, and Sunspot Shocks in Open Economies with Stock Collateral Constraints

NBER Working Paper No. w22971
Number of pages: 23 Posted: 27 Dec 2016
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
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Abstract:

61.

World Shocks, World Prices, and Business Cycles: An Empirical Investigation

NBER Working Paper No. w22833
Number of pages: 28 Posted: 14 Nov 2016
Andrés Fernàndez, Stephanie Schmitt-Grohé and Martín Uribe
Inter-American Development Bank (IDB) - Research Department, Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
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Abstract:

62.

How Important are Terms of Trade Shocks?

CEPR Discussion Paper No. DP10655
Number of pages: 29 Posted: 16 Jun 2015
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
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Abstract:

business cycles., nontradable goods, real exchange rates, Terms of trade

63.

Liquidity Traps: An Interest‐Rate‐Based Exit Strategy

The Manchester School, Vol. 82, pp. 1-14, 2014
Number of pages: 14 Posted: 22 Aug 2014
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics
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Citation 1
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Abstract:

64.

The International Transmission Of Economic Fluctuations: Effects Of U.S. Business Cycles On the Canadian Economy

FEDS Working Paper No. 95-6
Posted: 18 May 2000
Stephanie Schmitt-Grohé
Centre for Economic Policy Research (CEPR)

Abstract:

65.

Balanced-Budget Rules, Distortionary Taxes, and Aggregate Instability

Board of Governors of the Federal Reserve System Fin. and Econ. Discussion Series 95-44
Posted: 27 Apr 1998
Stephanie Schmitt-Grohé and Martín Uribe
Centre for Economic Policy Research (CEPR) and Columbia University - Graduate School of Arts and Sciences - Department of Economics

Abstract:

66.

Comparing Four Models of Aggregate Fluctuations Due to Self- Fulfilling Expectations

FEDS Paper 95-17
Posted: 29 Jul 1996
Stephanie Schmitt-Grohé
Centre for Economic Policy Research (CEPR)

Abstract: