C
Carl E. Walsh
Researcher at University of California, Santa Cruz
Publications - 182
Citations - 10028
Carl E. Walsh is an academic researcher from University of California, Santa Cruz. The author has contributed to research in topics: Monetary policy & Inflation targeting. The author has an hindex of 41, co-authored 182 publications receiving 9806 citations. Previous affiliations of Carl E. Walsh include National Bureau of Economic Research & Center for Economic Studies.
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Business Cycles and Labor Market Flows with Sequential Screening
Carl E. Walsh,Federico Ravenna +1 more
TL;DR: In this article, a business cycle model where employers' screening of heterogeneous workers plays a central role in determining both the flows into and out of unemployment is presented. But the model is limited to the US and European labor market flows.
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Real Interest Rate, Credit Markets, and Economic Stabilization
TL;DR: In this paper, the role of a real interest rate and a credit aggregate as intermediate monetary policy targets is investigated under the assumption of rational expectations. But the analysis is restricted to a credit market and a market determined interest rate on bank deposits.
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Commentary: Using models for monetary policy analysis
TL;DR: This paper reviewed the major progress in the ability of economists to conduct model-based policy analysis and the evolution in the types of models being used and in a refinement of the type of questions asked of these models.
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Testing for Real Effects of Monetary Policy Regime Shifts
Carl E. Walsh,Carl E. Walsh +1 more
TL;DR: In this article, it was shown that Huizinga and Mishkin's tests cannot distinguish between shifts in real rate process and shifts in the inflation process, and that care must be taken in choosing the set of variables on which to project the ex-post real rate if inferences about the exante real rate are to be drawn.
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Real Interest Rate, Credit Markets, and Economic Stabilization
Paul Jenkins,Carl E. Walsh +1 more
TL;DR: In this article, the role of a real interest rate and a credit aggregate as intermediate monetary policy targets is investigated under the assumption of rational expectations. But the analysis is restricted to a credit market and a market determined interest rate on bank deposits.