Michael Kumhof

Simple monetary rules under fisca...

Simple monetary rules under fiscal dominance

2008

Government debt

Government debt

2005

A fiscal theory of the currency r...

A fiscal theory of the currency risk premium and of sterilized intervention

2002

Balance of Payments Anti-Crises

Balance of Payments Anti-Crises

Year unknown Isabel K. Yan and Michael Kumhof

Balance of Payments Crises under ...

Balance of Payments Crises under Inflation Targeting

Year unknown Shujing Li, Isabel K. Yan, and Michael Kumhof

Banks in the Global Integrated Mo...

Banks in the Global Integrated Monetary and Fiscal Model

Year unknown Michal Andrle and Michael Kumhof

Benefits of International Policy ...

Benefits of International Policy Coordination Revisited

Year unknown Jaromir Benes, Michael Kumhof, Douglas Laxton, Dirk Muir, and Susanna Mursula

Budget Consolidation

Budget Consolidation

Year unknown Douglas Laxton, Susanna Mursula, Kevin Clinton, and Michael Kumhof

Case for Global Fiscal Stimulus

Case for Global Fiscal Stimulus

Year unknown Jaewoo Lee, Douglas Laxton, Michael Kumhof, and Charles Freedman

Chicago Plan Revisited

Chicago Plan Revisited

Year unknown Michael Kumhof and Jaromir Benes

Chile's Structural Fiscal Surplus...

Chile's Structural Fiscal Surplus Rule

Year unknown Michael Kumhof and Douglas Laxton

Effects of Fiscal Stimulus in Str...

Effects of Fiscal Stimulus in Structural Models

Year unknown Michael Kumhof, Dirk Muir, and Carlos De Resende

Financial Crises in DSGE Models

Financial Crises in DSGE Models

Year unknown Jaromir Benes, Michael Kumhof, and Douglas Laxton

Fiscal Deficits and Current Accou...

Fiscal Deficits and Current Account Deficits

Year unknown Michael Kumhof and Douglas Laxton

Fiscal Deficits and Current Accou...

Fiscal Deficits and Current Account Deficits

Year unknown Michael Kumhof and Douglas Laxton

Fiscal Stimulus to the Rescue? Sh...

Fiscal Stimulus to the Rescue? Short-Run Benefits and Potential Long-Run Costs of Fiscal Deficits

Year unknown Douglas Laxton, Dirk Muir, and Michael Kumhof

Global Integrated Monetary and Fi...

Global Integrated Monetary and Fiscal Model

Year unknown Douglas Laxton, Susanna Mursula, Michael Kumhof, and Dirk Muir

Global Integrated Monetary and Fi...

Global Integrated Monetary and Fiscal Model (Gimf) - Theoretical Structure

Year unknown Douglas Laxton, Susanna Mursula, and Michael Kumhof

Government Debt

Government Debt

Year unknown Michael Kumhof and Evan Tanner

Income Inequality and Current Acc...

Income Inequality and Current Account Imbalances

Year unknown Romain Ranciere, Nathaniel A. Throckmorton, Michael Kumhof, Claire Lebarz, and Alexander W. Richter

Inequality, Leverage and Crises

Inequality, Leverage and Crises

Year unknown Romain Ranciere and Michael Kumhof

International Currency Portfolios

International Currency Portfolios

Year unknown

Jointly Optimal Monetary and Fisc...

Jointly Optimal Monetary and Fiscal Policy Rules under Borrowing Constraints

Year unknown Michael Kumhof and Huixin Bi

Monetary Policy in an Equilibrium...

Monetary Policy in an Equilibrium Portfolio Balance Model

Year unknown Michael Kumhof and Stijn Van Nieuwerburgh

Nominal Exchange Rate Anchoring u...

Nominal Exchange Rate Anchoring under Inflation Inertia

Year unknown Guillermo Calvo, Michael Kumhof, and Oya Celasun

Oil and the World Economy

Oil and the World Economy

Year unknown Michael Kumhof and Dirk Muir

Party Without a Hangover? on the ...

Party Without a Hangover? on the Effects of U. S. Government Deficits

Year unknown Douglas Laxton and Michael Kumhof

Politically Optimal Fiscal Policy

Politically Optimal Fiscal Policy

Year unknown Irina Yakadina and Michael Kumhof

Risky Bank Lending and Optimal Ca...

Risky Bank Lending and Optimal Capital Adequacy Regulation

Year unknown Jaromir Benes and Michael Kumhof

Simple, Implementable Fiscal Poli...

Simple, Implementable Fiscal Policy Rules

Year unknown Michael Kumhof and Douglas Laxton

Simple Monetary Rules under Fisca...

Simple Monetary Rules under Fiscal Dominance

Year unknown Michael Kumhof, Ricardo Nunes, and Irina Yakadina

To Starve or Not to Starve the Be...

To Starve or Not to Starve the Beast?

Year unknown Michael Kumhof, Daniel Leigh, and Douglas Laxton

Wage Moderation in Crises

Wage Moderation in Crises

Year unknown Jörg Decressin, Raphael A. Espinoza, Ioannis Halikias, Michael Kumhof, and Daniel Leigh