WorldCat Identities

Bernanke, Ben

Works: 209 works in 991 publications in 7 languages and 24,569 library holdings
Genres: Conference proceedings  Case studies  Textbooks  Periodicals 
Roles: Author, Editor
Classifications: HB172.5, 339.05
Publication Timeline
Most widely held works about Ben Bernanke
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Most widely held works by Ben Bernanke
Essays on the great depression by Ben Bernanke( )
20 editions published between 2000 and 2007 in English and held by 1,910 WorldCat member libraries worldwide
These essays explore the Great Depression from the point of view of a scholar whose specialty is macroeconomics. His key assertion is that the Depression is informative about the current economy because it was enormous and it affected most of the world's countries
The inflation-targeting debate by Ben Bernanke( )
22 editions published between 2004 and 2007 in English and held by 1,684 WorldCat member libraries worldwide
Inflation targeting is now a highly popular framework for the making of monetary policy. This volume addresses the many dimensions of inflation targeting that until now have been quietly set to one side while the focus has been on macroeconomic outcomes alone
Principes d'économie by Robert H Frank( Book )
141 editions published between 1000 and 2014 in 6 languages and held by 1,561 WorldCat member libraries worldwide
Using a short list of core principles in-depth, this book presents concepts intuitively through examples drawn from familiar contexts. The authors introduce a short list of core principles and reinforce them by illustrating and applying each in many contexts
Macroeconomics by Andrew B Abel( Book )
134 editions published between 1991 and 2015 in English and Chinese and held by 1,353 WorldCat member libraries worldwide
Intermediate Macroeconomics. This text is a treatment of the competing classical and Keynesian approaches in the market
NBER macroeconomics annual 1998 ( )
6 editions published between 1998 and 1999 in English and held by 1,331 WorldCat member libraries worldwide
The Federal Reserve and the financial crisis by Ben Bernanke( Book )
17 editions published between 2012 and 2014 in 3 languages and held by 1,286 WorldCat member libraries worldwide
In 2012, Ben Bernanke, chairman of the U.S. Federal Reserve, gave a series of lectures about the Federal Reserve and the 2008 financial crisis, as part of a course at George Washington University on the role of the Federal Reserve in the economy. He revealed important background and insights into the central bank's crucial actions during the worst financial crisis since the Great Depression, and offers insight into the guiding principles behind the Fed's activities and the lessons to be learned from its handling of recent economic challenges
NBER macroeconomics annual 1999 by National Bureau of Economic Research( )
4 editions published in 2000 in English and held by 1,257 WorldCat member libraries worldwide
NBER macroeconomics annual 2000 by National Bureau of Economic Research( )
4 editions published between 2000 and 2001 in English and held by 1,138 WorldCat member libraries worldwide
NBER macroeconomics annual 2003 by National Bureau of Economic Research( )
2 editions published in 2004 in English and held by 788 WorldCat member libraries worldwide
Inflation targeting : lessons from the international experience by Ben Bernanke( Book )
23 editions published between 1998 and 2006 in 3 languages and held by 733 WorldCat member libraries worldwide
How should governments and central banks use monetary policy to create a healthy economy? Traditionally, policymakers have used such strategies as controlling the growth of the money supply or pegging the exchange rate to a stable currency. In recent years a promising new approach has emerged: publicly announcing and pursuing specific targets for the rate of inflation. This book is an in-depth study of inflation targeting. Combining penetrating theoretical analysis with detailed empirical studies of countries where inflation targeting has been adopted, the authors show that the strategy has clear advantages over traditional policies. They argue that the U.S. Federal Reserve and the European Central Bank should adopt this strategy, and they make specific proposals for doing so
NBER macroeconomics annual 2002 by National Bureau of Economic Research( )
2 editions published in 2003 in English and held by 707 WorldCat member libraries worldwide
NBER macroeconomics annual ( )
5 editions published in 2002 in English and held by 670 WorldCat member libraries worldwide
Measuring monetary policy by Ben Bernanke( Book )
18 editions published between 1995 and 1996 in English and held by 104 WorldCat member libraries worldwide
Abstract: Extending the approach of Bernanke and Blinder (1992), Strongin (1992), and Christiano, Eichenbaum, and Evans (1994a, 1994b), we develop and apply a VAR-based methodology for measuring the stance of monetary policy. More specifically, we develop a 'semi-structural' VAR approach, which extracts information about monetary policy from data on bank reserves and the federal funds rate but leaves the relationships among the macroeconomic variables in the system unrestricted. The methodology nests earlier VAR-based measures and can be used to compare and evaluate these indicators. It can also be used to construct measures of the stance of policy that optimally incorporate estimates of the Fed's operating procedure for any given period. Among existing approaches, we find that innovations to the federal funds rate (Bernanke-Blinder) are a good measure of policy innovations during the periods 1965-79 and 1988-94; for the period 1979-94 as a whole, innovations to the component of nonborrowed reserves that is orthogonal to total reserves (Strongin) seems to be the best choice. We develop a new measure of policy stance that conforms well to qualitative indicators of policy such as the Boschen- Mills (1991) index. Innovations to our measure lead to reasonable and precisely estimated dynamic responses by variables such as real GDP and the GDP deflator
The financial accelerator and the flight to quality by Ben Bernanke( Book )
15 editions published between 1994 and 1995 in English and held by 98 WorldCat member libraries worldwide
Abstract: Adverse shocks to the economy may be amplified by worsening credit-market conditions-- the financial 'accelerator'. Theoretically, we interpret the financial accelerator as resulting from endogenous changes over the business cycle in the agency costs of lending. An implication of the theory is that, at the onset of a recession, borrowers facing high agency costs should receive a relatively lower share of credit extended (the flight to quality) and hence should account for a proportionally greater part of the decline in economic activity. We review the evidence for these predictions and present new evidence drawn from a panel of large and small manufacturing firms
The financial accelerator in a quantitative business cycle framework by Ben Bernanke( Book )
13 editions published in 1998 in English and held by 97 WorldCat member libraries worldwide
Abstract: This paper develops a dynamic general equilibrium model that is intended to help clarify the role of credit market frictions in business fluctuations, from both a qualitative and a quantitative standpoint. The model is a synthesis of the leading approaches in the literature. In particular, the framework exhibits a financial accelerator,' in that endogenous developments in credit markets work to amplify and propagate shocks to the macroeconomy. In addition, we add several features to the model that are designed to enhance the empirical relevance. First, we incorporate money and price stickiness, which allows us to study how credit market frictions may influence the transmission of monetary policy. In addition, we allow for lags in investment which enables the model to generate both hump-shaped output dynamics and a lead-lag relation between asset prices and investment, as is consistent with the data. Finally, we allow for heterogeneity among firms to capture the fact that borrowers have differential access to capital markets. Under reasonable parametrizations of the model, the financial accelerator has a significant influence on business cycle dynamics
What does the Bundesbank target? by Ben Bernanke( Book )
13 editions published in 1996 in English and held by 91 WorldCat member libraries worldwide
Abstract: Although its primary ultimate objective is price stability, the Bundesbank has drawn a distinction between its money-focus strategy and the inflation targeting approach recently adopted by a number of central banks. We show that, holding constant the current forecast of inflation, German monetary policy responds very little to changes in forecasted money growth; we conclude that the Bundesbank is much better described as an inflation targeter than as a money targeter. An additional contribution of the paper is to apply the structural VAR methods of Bernanke and Mihov (1995) to determine the optimal indicator of German monetary policy: We find that the Lombard rate has historically been a good policy indicator, although the use of the call rate as an indicator cannot be statistically rejected
The liquidity effect and long-run neutrality by Ben Bernanke( Book )
11 editions published in 1998 in English and held by 89 WorldCat member libraries worldwide
Abstract: The propositions that monetary expansion lowers short-term nominal interest rates (the liquidity effect), and that monetary policy does not have long-run real effects (long-run neutrality), are widely accepted, yet to date the empirical evidence for both is mixed. We reconsider both propositions simultaneously in a structural VAR context, using a model of the market for bank reserves due to Bernanke and Mihov (forthcoming). We find little basis for rejecting either the liquidity effect or long-run neutrality. Our results are robust over the space of admissible model parameter values, and to the use of long-run rather than short-run identifying restrictions
Inside the black box : the credit channel of monetary policy transmission by Ben Bernanke( Book )
15 editions published in 1995 in English and held by 87 WorldCat member libraries worldwide
Abstract: The 'credit channel' theory of monetary policy transmission holds that informational frictions in credit markets worsen during tight- money periods. The resulting increase in the external finance premium--the difference in cost between internal and external funds-- enhances the effects of monetary policy on the real economy. We document the responses of GDP and its components to monetary policy shocks and describe how the credit channel helps explain the facts. We discuss two main components of this mechanism, the balance-sheet channel and the bank lending channel. We argue that forecasting exercises using credit aggregates are not valid tests of this theory
The macroeconomics of the Great Depression : a comparative approach by Ben Bernanke( Book )
9 editions published in 1994 in English and held by 85 WorldCat member libraries worldwide
Abstract: Recently, research on the causes of the Great Depression has shifted from a heavy emphasis on events in the United States to a broader, more comparative approach that examines the interwar experiences of many countries simultaneously. In this lecture I survey the current state of our knowledge about the Depression from a comparative perspective. On the aggregate demand side of the economy, comparative analysis has greatly strengthened the empirical case for monetary shocks as a major driving force of the Depression; an interesting possibility suggested by this analysis is that the worldwide monetary collapse that began in 1931 may be interpreted as a jump from one Nash equilibrium to another. On the aggregate supply side, comparative empirical studies provide support for both induced financial crisis and sticky nominal wages as mechanisms by which nominal shocks had real effects. Still unresolved is why nominal wages did not adjust more quickly in the face of mass unemployment
Inflation forecasts and monetary policy by Ben Bernanke( Book )
11 editions published in 1997 in English and held by 85 WorldCat member libraries worldwide
Abstract: Proposals for 'inflation targeting' as a strategy for monetary policy leave open the important operational question of how to determine whether current policies are consistent with the long-run inflation target. An interesting possibility is that the central bank might target current private-sector forecasts of inflation, either those made explicitly by professional forecasters or those implicit in asset prices. We address the issue of existence and uniqueness of rational expectations equilibria when the central bank uses private-sector forecasts as a guide to policy actions. In a dynamic model which incorporates both sluggish price adjustment and shocks to aggregate demand and aggregate supply, we show that strict targeting of inflation forecasts is typically inconsistent with the existence of rational expectations equilibrium, and that policies approximating strict inflation-forecast targeting are likely to have undesirable properties. We also show that economies with more general forecast-based policy rules are particularly susceptible to indeterminacy of rational expectations equilibria. We conclude that, although private-sector forecasts may contain information useful to the central bank, ultimately the monetary authorities must rely on an explicit structural model of the economy to guide their policy decisions
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Alternative Names
Bernanke, B. 1953-
Bernanke, B. S. 1953-
Bernanke, Ben
Bernanke, Ben 1953-
Bernanke, Ben S.
Bernanke, Ben S. 1953-
Bernanke, Ben S. (Ben Shalom), 1953-
Bernanke, Ben Shalom 1953-
Bernanke, Bens
Бернанке, Бен
バーナンキ, Ben S
バーナンキ, ベン
ベルナンケ, B. S
English (525)
Chinese (13)
Italian (5)
German (2)
French (2)
Japanese (2)
Czech (1)