Central bank research hub - Series: Federal Reserve Bank of Kansas City Working Papers 2005

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Optimal Monetary Policy under Commitment with a Zero Bound on Nominal Interest Rates

by Roberto M. Billi and Klaus Adam

Paper: RWP05-07, 30.12.2005

Abstract
Discretionary Monetary Policy and the Zero Lower Bound on Nominal Interest Rates

by Roberto M. Billi and Klaus Adam

Paper: RWP05-08, 30.12.2005

Abstract
A Park By Any Other Name: National Park Designation as a Natural Experiment in Signaling

by Stephan Weiler

Paper: RWP05-09, 30.12.2005

Abstract
The Impact of Wildlife Recreation on Farmland Values

by Sean Moore and Jason Henderson

Paper: RWP05-10, 30.12.2005

Abstract
Convenient Prices, Currency, and Nominal Rigidity: Theory with Evidence from Newspaper Prices

by Edward S. Knotek II

Paper: RWP05-11, 30.12.2005

Abstract
Minding the Gap: Central Bank Estimates of the Unemployment Natural Rate

by P.A. Tinsley and Sharon Kozicki

Paper: RWP05-03, 22.12.2005

Abstract

JEL: E3, E5, N1
Perhaps the FOMC Did What It Said It Did: An Alternative Interpretation of the Great Inflation

by P.A. Tinsley and Sharon Kozicki

Paper: RWP05-04, 22.12.2005

Abstract

JEL: E3, E5, N1
Approximately Normal Tests for Equal Predictive Accuracy in Nested Models

by Kenneth D. West and Todd E. Clark

Paper: RWP05-05, 22.12.2005

Abstract

JEL: C52, C53
Term Structure Transmission of Monetary Policy

by P.A. Tinsley and Sharon Kozicki

Paper: RWP05-06, 22.12.2005

Abstract

JEL: E3, E5, N1
Do We Really Know How Inflation Targeters Set Interest Rates?

by Marcela Meirelles Aurelio

Paper: RWP05-02, 26.07.2005

Abstract

JEL: E52, E61, F41, F42, F47
The Performance of Monetary and Fiscal Rules in an Open Economy with Imperfect Capital Mobility

by Marcela Meirelles Aurelio

Paper: RWP05-01, 22.01.2005

Abstract

JEL: E5, E6, F4, H3, H6
Why Are Some Cities So Crowded?

by Jordan Rappaport

Paper: RWP04-12, 15.01.2005

Abstract

JEL: O40, O51, R11, R12