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Themes

  • Key Themes
  • Central Banking
  • Climate Change
  • Competition Policy
  • Development & Growth
  • Economic History
  • Energy
  • EU Economic Architecture
  • Inflation
  • Political Economy
  • Poverty and income inequality
  • Ukraine Initiative
  • Women in Economics
  • Other Themes
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  • International Finance
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  • Taxation
  • Active Debates
  • The Economic Consequences of the War
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  • Populism

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Discussion paper

DP17248 Exchange Rate and Inflation under Weak Monetary Policy: Turkey Verifies Theory

  • Refet Gürkaynak
  • Burçin Kısacıkoğlu
  • Sang Seok Lee

24 Apr 2022
  • International Macroeconomics and Finance
  • Monetary Economics and Fluctuations
  • E02
  • E31
  • E52
  • E58
  • F31
  • F41
Discussion paper

DP16969 Output Concerns and Precautionary Savings in Emerging Markets' Debt and Reserve Accumulation

  • Refet Gürkaynak
  • Sang Seok Lee
  • Ju Hyun Pyun

30 Jan 2022
  • International Macroeconomics and Finance
  • Monetary Economics and Fluctuations
  • E43
  • F32
  • F34
  • F41
  • H63
Discussion paper

DP15289 Monetary Policy Surprises and Exchange Rate Behavior

  • Refet Gürkaynak
  • A. Hakan Kara
  • Burçin Kısacıkoğlu
  • Sang Seok Lee

12 Sep 2020
  • International Macroeconomics and Finance
  • Monetary Economics and Fluctuations
  • E43
  • E44
  • E52
  • E58
  • G14
Discussion paper

DP14017 Stock Market's Assessment of Monetary Policy Transmission: The Cash Flow Effect

  • Refet Gürkaynak
  • Sang Seok Lee
  • Gokce Karasoy Can

22 Sep 2019
  • Financial Economics
  • Monetary Economics and Fluctuations
  • E43
  • E44
  • E52
  • E58
  • G14
Discussion paper

DP13759 Measuring Euro Area Monetary Policy

  • Carlo Altavilla
  • Luca Brugnolini
  • Refet Gürkaynak
  • Roberto Motto
  • Giuseppe Ragusa

27 May 2019
  • Financial Economics
  • International Macroeconomics and Finance
  • Monetary Economics and Fluctuations
  • E43
  • E44
  • E52
  • E58
  • G12
  • G14
Discussion paper

DP13153 Missing Events in Event Studies: Identifying the Effects of Partially-Measured News Surprises

  • Refet Gürkaynak
  • Burçin Kısacıkoğlu
  • Jonathan Wright

3 Sep 2018
  • Financial Economics
  • Monetary Economics and Fluctuations
  • E43
  • E52
  • E58
  • G12
  • G14
DSGE Models in the Conduct of Policy: Use as intended
Book

Vox eBooks

DSGE Models in the Conduct of Policy: Use as intended

  • Refet Gürkaynak
  • Cédric Tille

28 Apr 2017
  • Introduction: DSGE Models in the Conduct of Policy: Use as intended
  • DSGE models and counterfactual analysis
  • DSGE models: A cup half full
  • Bridging the gap between structural VAR and DSGE models
  • DSGE models in monetary policy committees
  • Using dynamic stochastic general equilibrium models at the New York Fed
  • Empirical DSGE Models: from the Great Moderation, to the Great Recession and beyond
  • Policy packages: Challenge and opportunity for DSGE research
  • Some scattered thoughts on DSGE models
  • Do DSGE models have a future?
Discussion paper

DP10904 Monetary Policy in Turkey after Central Bank Independence

  • Refet Gürkaynak
  • Seçil Yıldırım-Karaman

25 Oct 2015
  • Monetary Economics and Fluctuations
  • E02
  • E31
  • E32
  • E52
  • E62
Discussion paper

DP10767 Is Optimal Monetary Policy Always Optimal?

  • Refet Gürkaynak

16 Aug 2015
  • Monetary Economics and Fluctuations
  • E02
  • E52
  • E58
  • E61
Discussion paper

DP9576 Do DSGE Models Forecast More Accurately Out-of-Sample than VAR Models?

  • Barbara Rossi
  • Refet Gürkaynak
  • Burçin Kısacıkoğlu

28 Jul 2013
  • International Macroeconomics
  • C22
  • C52
  • C53
Discussion paper

DP9388 Identification and Inference Using Event Studies

  • Jonathan Wright
  • Refet Gürkaynak

17 Mar 2013
  • Financial Economics
  • International Macroeconomics
  • E43
  • E52
  • E58
  • G12
  • G14
Discussion paper

DP8158 How Useful Are Estimated DSGE Model Forecasts for Central Bankers?

  • Refet Gürkaynak
  • Rochelle Edge

1 Dec 2010
  • International Macroeconomics
  • C52
  • C53
  • C54
  • E47
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