Labor Day weekend brings the end of summer. Some papers you may have missed:
Nakata and Schmidt: A description of how to adjust settings from simple Taylor rules to achieve an inflation target, on average, when interest rates are affected by the effective lower bound.
Ajello, Laubach, Lopez-Salido, and Nakata find that Bayesian and robust central banks will respond more aggressively to financial instability when the probability and severity of financial crises are uncertain.
David Reifschneider suggests that large-scale asset purchases and forward guidance about the future path of the federal funds rate should be able to provide enough additional accommodation to fully compensate for a more limited to cut short-term interest rates in most, but probably not all, circumstances.