Research classified by Journal of Economic Literature (JEL) codes

---

Top JEL
/ E: Macroeconomics and Monetary Economics
/ / E5: Monetary Policy, Central Banking, and the Supply of Money and Credit
/ / / E52: Monetary Policy

2012

• Javier E. Baez & Adriana Camacho & Emily Conover & RomÔøΩn A. ZÔøΩrate, 2012, "Conditional Cash Transfers, Political Participation, and Voting Behavior," Documentos CEDE, Universidad de los Andes, Facultad de Economía, CEDE, number 10312, Sep.
• Jorge David Quintero Otero & AndrÔøΩs GonzÔøΩlez GÔøΩmez, 2012, "Pol√≠tica Monetaria y Ciclos Econ√≥micos Regionales en Colombia," Documentos CEDE, Universidad de los Andes, Facultad de Economía, CEDE, number 10322, Nov.
• Hernando Vargas & Andr�s Gonz�lez & Ignacio Lozano, 2012, "Macroeconomic Effects of Structural Fiscal Policy Changes in Colombia," Borradores de Economia, Banco de la Republica, number 9314, Feb.
• Christian Bustamante & Luis E. Rojas, 2012, "Constant-Interest-Rate Projections and Its Indicator Properties," Borradores de Economia, Banco de la Republica, number 9383, Mar.
• Carolina Arteaga & Joan Granados & Jair Ojeda, 2012, "Determinantes de los precios internacionales de los bienes b�sicos," Borradores de Economia, Banco de la Republica, number 9435, Apr.
• Julian A. Parra-Polania, 2012, "Transparency: can central banks commit to truthful communication?," Borradores de Economia, Banco de la Republica, number 9614, May.
• Aar�n Garavito A. & Ana Mar�a Iregui & Mar�a Teresa Ram�rez G., 2012, "Inversi�n Extranjera Directa en Colombia: Evoluci�n reciente y marco normativo," Borradores de Economia, Banco de la Republica, number 9655, Jun.
• Aar�n Garavito A. & Ana Mar�a Iregui B. & Mar�a Teresa Ram�rez G., 2012, "Determinantes de la inversi�n extranjera directa en Colombia: Un estudio a nivel de firma," Borradores de Economia, Banco de la Republica, number 9672, Jun.
• Juli�n A. Parra Polan�a & Carmi�a O. Vargas Ria�o, 2012, "Valor �ptimo del impuesto sobre flujos de capital para Colombia," Borradores de Economia, Banco de la Republica, number 9705, Jun.
• Hernando Vargas & Pamela Cardozo, 2012, "El uso de encajes en un marco de pol�tica monetaria �ptima?," Borradores de Economia, Banco de la Republica, number 9745, Jun.
• Fernando Arias & Daira Garrido & Daniel Parra & Hern�n Rinc�n, 2012, "�Responden los diferentes tipos de flujos de capitales a los mismos fundamentos y en el mismo grado? Evidencia reciente para pa�ses emergentes," Borradores de Economia, Banco de la Republica, number 9764, Jul.
• H�ctor M. Z�rate Solano & Norberto Rodr�guez Ni�o & Margarita Mar�n Jaramillo, 2012, "El tama�o de las empresas y la transmisi�n de la pol�tica monetaria en Colombia: una aplicaci�n con la encuesta mensual de expectativas econ�micas," Borradores de Economia, Banco de la Republica, number 9823, Jul.
• Hernando Vargas Herrera & Pamela Cardozo, 2012, "The Use of Reserve Requirements in an Optimal Monetary Policy Framework," Borradores de Economia, Banco de la Republica, number 9824, Jul.
• Sergio Restrepo �ngel & Jorge Ni�o Cuervo & Enrique Montes Uribe, 2012, "Comercio exterior colombiano y su financiaci�n con la banca local: Un an�lisis a nivel de firma," Borradores de Economia, Banco de la Republica, number 9825, Jul.
• Alexander Guar�n & Andr�s Gonz�lez & Daphn� Skandalis & Daniela S�nchez, 2012, "An Early Warning Model for Predicting Credit Booms using Macroeconomic Aggregates," Borradores de Economia, Banco de la Republica, number 9826, Jul.
• Deicy J. Cristiano & Manuel D. Hern�ndez & Jos� David Pulido, 2012, "Pron�sticos de corto plazo en tiempo real para la actividad econ�mica colombiana," Borradores de Economia, Banco de la Republica, number 9827, Jul.
• Esteban G�mez Gonz�lez & Nancy Zamudio G�mez, 2012, "Las capacidades financieras de la poblaci�n colombiana," Borradores de Economia, Banco de la Republica, number 9828, Jul.
• Andr�s Gonz�lez & Sergio Ocampo & Juli�n P�rez & Diego Rodr�guez, 2012, "Output gap and Neutral interest measures for Colombia," Borradores de Economia, Banco de la Republica, number 9870, Aug.
• Andrés Giraldo & Martha Misas & Edgar Villa, 2012, "Reconstructing Colombia’s Recent History of Monetary Policy from 1990 to 2010," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, volume 30, issue 67, pages 56-103, DOI: 10.32468/Espe.6703.
• Carolina Román Ramos, 2012, "Política monetaria y oferta de dinero en Uruguay (1931 a 1959): nuevos contextos y nuevos instrumentos," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, volume 30, issue 67, pages 176-213, DOI: 10.32468/Espe.6706.
• Andrés Felipe Londono & Jorge Andr�s Tamayo & Carlos Alberto Vel�squez, 2012, "Dinámica de la política monetaria e inflación objetivo en Colombia: una aproximación FAVAR," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, volume 30, issue 68, pages 14-71, DOI: 10.32468/Espe.6801.
• Egberto Alexander Riveros Saavedra, 2012, "¿Responde el Banco de la República a los movimientos en la tasa de cambio real?," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, volume 30, issue 69, pages 150-194, DOI: 10.32468/Espe.6904.
• Enrique López E. & Fernando Tenjo Galarza & Diego H. Rodr�guez H., 2012, "El canal de préstamos de la política monetaria en Colombia. Un enfoque FAVAR," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, volume 30, issue 69, pages 195-256, DOI: 10.32468/Espe.6905.
• José de Gregorio, 2012, "Price And Financial Stability In Modern Central Banking," Economía Journal, The Latin American and Caribbean Economic Association - LACEA, volume 0, issue Fall 2012, pages 1-11.
• Julio Gabriel Andújar Scheker, 2012, "Efecto traspaso de tasas de interés: análisis econométrico de los efectos de las decisiones de política monetaria en República Dominicana," Revista Finanzas y Politica Economica, Universidad Católica de Colombia, volume 4, issue 2, pages 83-102.
• Jacobo Campo Robledo & Sebasti�n Cubillos Fonseca, 2012, "Convergencia de precios en Colombia: integración de mercados a través del Índice de Precios al Consumidor," Revista Finanzas y Politica Economica, Universidad Católica de Colombia, volume 4, issue 2, pages 103-112.
• Matthes, Christian & Rondina, Francesca, 2012, "Two-sided Learning in New Keynesian Models: Dynamics, (Lack of) Convergence and the Value of Information," Dynare Working Papers, CEPREMAP, number 19, Dec.
• Di Pace, Federico & Hertweck, Matthias S., 2012, "Labour Market Frictions, Monetary Policy and Durable Goods," Dynare Working Papers, CEPREMAP, number 20, Dec.
• Traficante, Guido, 2012, "Uncertain potential output: implications for monetary policy in small open economy," Dynare Working Papers, CEPREMAP, number 22, Dec.
• Flamini, Alessandro & Ascari, Guido & Rossi, Lorenza, 2012, "Industrial Transformation, Heterogeneity in Price Stickiness, and the Great Moderation," Dynare Working Papers, CEPREMAP, number 24, Dec.
• Corsetti, Giancarlo & Müller, Gernot & Kuester, Keith & Meier, André, 2012, "Sovereign Risk, Fiscal Policy, and Macroeconomic Stability," CEPR Discussion Papers, Centre for Economic Policy Research, number 8779, Jan.
• Buiter, Willem, 2012, "The Role of Central Banks in Financial Stability: How has it changed?," CEPR Discussion Papers, Centre for Economic Policy Research, number 8780, Jan.
• Svensson, Lars E.O., 2012, "Central-banking challenges for the Riksbank: Monetary policy, financial-stability policy and asset management," CEPR Discussion Papers, Centre for Economic Policy Research, number 8789, Feb.
• Muellbauer, John & Aron, Janine, 2012, "Wealth, Credit Conditions and Consumption: Evidence from South Africa," CEPR Discussion Papers, Centre for Economic Policy Research, number 8800, Feb.
• Bofinger, Peter & Mayer, Eric & Gareis, Johannes & ,, 2012, "Monetary Policy Transmission in a Model with Animal Spirits and House Price Booms and Busts," CEPR Discussion Papers, Centre for Economic Policy Research, number 8804, Jan.
• Wieland, Volker & Cwik, Tobias & Wolters, Maik & Müller, Gernot & Schmidt, Sebastian, 2012, "A New Comparative Approach to Macroeconomic Modeling and Policy Analysis," CEPR Discussion Papers, Centre for Economic Policy Research, number 8814, Feb.
• Woodford, Michael & Adam, Klaus, 2012, "Robustly Optimal Monetary Policy in a Microfounded New Keynesian Model," CEPR Discussion Papers, Centre for Economic Policy Research, number 8826, Feb.
• Sutherland, Alan & Senay, Ozge & Devereux, Michael B, 2012, "Nominal Stability and Financial Globalization," CEPR Discussion Papers, Centre for Economic Policy Research, number 8830, Feb.
• Reichlin, Lucrezia & Giannone, Domenico & Lenza, Michele, 2012, "Money, credit, monetary policy and the business cycle in the euro area," CEPR Discussion Papers, Centre for Economic Policy Research, number 8944, Apr.
• Linde, Jesper & Erceg, Christopher, 2012, "Fiscal Consolidation in an Open Economy," CEPR Discussion Papers, Centre for Economic Policy Research, number 8955, Apr.
• Monacelli, Tommas, 2012, "Is Monetary Policy in an Open Economy Fundamentally Different?," CEPR Discussion Papers, Centre for Economic Policy Research, number 9087, Aug.
• Orphanides, Athanasios & Wieland, Volker, 2012, "Complexity and Monetary Policy," CEPR Discussion Papers, Centre for Economic Policy Research, number 9107, Aug.
• López-Salido, J David & Nelson, Edward & English, William & D'Amico, Stefania, 2012, "The Federal Reserve?s Large-Scale Asset Purchase Programs: Rationale and Effects," CEPR Discussion Papers, Centre for Economic Policy Research, number 9145, Sep.
• Farmer, Roger, 2012, "Qualitative Easing: How it Works and Why it Matters," CEPR Discussion Papers, Centre for Economic Policy Research, number 9153, Sep.
• Honkapohja, Seppo & Benhabib, Jess & Evans, George W., 2012, "Liquidity Traps and Expectation Dynamics: Fiscal Stimulus or Fiscal Austerity?," CEPR Discussion Papers, Centre for Economic Policy Research, number 9176, Oct.
• Fratzscher, Marcel & Straub, Roland & Lo Duca, Marco, 2012, "A global monetary tsunami? On the spillovers of US Quantitative Easing," CEPR Discussion Papers, Centre for Economic Policy Research, number 9195, Oct.
• López-Salido, J David & Gust, Christopher & Smith, Matthew E, 2012, "The Empirical Implications of the Interest-Rate Lower Bound," CEPR Discussion Papers, Centre for Economic Policy Research, number 9214, Nov.
• Rebucci, Alessandro & Benigno, Gianluca & Otrok, Christopher & Chen, Huigang & Young, Eric, 2012, "Optimal Policy for Macro-Financial Stability," CEPR Discussion Papers, Centre for Economic Policy Research, number 9223, Nov.
• Marcet, Albert & Scott, Andrew & Faraglia, Elisa & Oikonomou, Rigas, 2012, "The Impact of Debt Levels and Debt Maturity on Inflation," CEPR Discussion Papers, Centre for Economic Policy Research, number 9257, Dec.
• Paul Gomme, 2012, "Measuring the Welfare Costs of Inflation in a Life-cycle Model," Working Papers, Concordia University, Department of Economics, number 12008, Jul.
• Olivier Loisel & Aude Pommeret & Franck Portier, 2012, "Monetary Policy and Herd Behavior : Leaning Against Bubbles," Working Papers, Center for Research in Economics and Statistics, number 2012-25, Jul.
• Fabrice Collard & Harris Dellas & Behzad Diba & Olivier Loisel, 2012, "Optimal Monetary and Prudential Policies," Working Papers, Center for Research in Economics and Statistics, number 2012-34, Dec.
• Rossana MEROLA, 2012, "Monetary policy and fiscal stimulus with the zero lower bound and financial frictions," LIDAM Discussion Papers IRES, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES), number 2012024, Oct.
• Shu-Hua Chen, 2012, "On the Growth and Stability Effects of Habit Formation and Durability in Consumption," Annals of Economics and Finance, Society for AEF, volume 13, issue 2, pages 283-298, November.
• Chan Wang & Heng-fu Zou, 2012, "On the efficiency of monetary and fiscal policy in open economies," CEMA Working Papers, China Economics and Management Academy, Central University of Finance and Economics, number 534, Feb.
• Vaona, Andrea, 2012, "Inflation And Growth In The Long Run: A New Keynesian Theory And Further Semiparametric Evidence," Macroeconomic Dynamics, Cambridge University Press, volume 16, issue 1, pages 94-132, February.
• Milani, Fabio, 2012, "Has Globalization Transformed U.S. Macroeconomic Dynamics?," Macroeconomic Dynamics, Cambridge University Press, volume 16, issue 2, pages 204-229, April.
• Heer, Burkhard & Maußner, Alfred, 2012, "The Burden Of Unanticipated Inflation: Analysis Of An Overlapping-Generations Model With Progressive Income Taxation And Staggered Prices," Macroeconomic Dynamics, Cambridge University Press, volume 16, issue 2, pages 278-308, April.
• Marius Constantin APOSTOAIE & Stefan MATEI, 2012, "Mutations at the Level of the Measures Adopted by Monetary Authorities," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 2, pages 53-60.

2011

• Helder Ferreira de Mendonça & José Simão Filho, 2011, "Central Bank Transparency and Financial Market: Evidence for the Brazilian Case," Brazilian Review of Finance, Brazilian Society of Finance, volume 9, issue 1, pages 51-67.
• José Renato Haas Ornelas & Marcelo Yoshio Takami, 2011, "Recovering Risk-Neutral Densities from Brazilian Interest Rate Options," Brazilian Review of Finance, Brazilian Society of Finance, volume 9, issue 1, pages 9-26.
• Huw Dixon & Engin Kara, 2011, "Taking Multi-Sector Dynamic General Equilibrium Models to the Data," Bristol Economics Discussion Papers, School of Economics, University of Bristol, UK, number 11/621, Jul.
• Engin Kara, 2011, "Understanding and Modelling Reset Price Inflation," Bristol Economics Discussion Papers, School of Economics, University of Bristol, UK, number 11/623, Nov.
• Rodrigo Peñaloza, 2011, "Contágio marginal no novo Sistema de Pagamentos Brasileiro," Working papers - Textos para Discussao do Departamento de Economia da Universidade de Brasilia, Departamento de Economia da Universidade de Brasilia, number 354, Jan.
• Breno Santana Lobo & José Luis Oreiro, 2011, "Metas de Inflação, Crescimento e Estabilidade Macroeconômica Uma análise a partir de um modelo póskeynesianomacrodinâmico não-linear," Working papers - Textos para Discussao do Departamento de Economia da Universidade de Brasilia, Departamento de Economia da Universidade de Brasilia, number 360, Apr.
• Mária Vojtková, 2011, "Role of the U.S. Dollar in International Financial System," EAPG Working Paper Series, Department of Economic Policy, Faculty of National Economy, University of Economics in Bratislava, number 002, Jan.
• Gubler, Matthias & Hertweck, Matthias Sebastian, 2011, "Commodity Price Shocks and the Business Cycle: Structural Evidence for the U.S," Working papers, Faculty of Business and Economics - University of Basel, number 2011/05.
• Dominique Hoenn, 2011, "Organiser à froid les règles de la liquidité entre banques et banque centrale," Revue d'économie financière, Association d'économie financière, volume 0, issue 1, pages 147-156.
• Jacques Le Cacheux, 2011, "Politiques macroéconomiques : retour à l'orthodoxie ?," Revue d'économie financière, Association d'économie financière, volume 0, issue 3, pages 59-78.
• Ibrahima Soumare, 2011, "Structure financière des banques centrales dans le contexte des mesures non conventionnelles de politique monétaire," Revue d'économie financière, Association d'économie financière, volume 0, issue 4, pages 237-260.
• Raissi, M., 2011, "A Linear Quadratic Approach to Optimal Monetary Policy with Unemployment and Sticky Prices: The Case of a Distorted Steady State," Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge, number 1146, Jul.
• Liebermann, Joelle, 2011, "Real-Time Nowcasting of GDP: Factor Model versus Professional Forecasters," Research Technical Papers, Central Bank of Ireland, number 3/RT/11, Mar.
• Alfred Guender, 2011, "The Timeless Perspective vs. Discretion: Theory and Monetary Policy Implications for an Open Economy," Working Papers in Economics, University of Canterbury, Department of Economics and Finance, number 11/19, Apr.
• Kaszab, Lorant, 2011, "Fiscal Policy Multipliers in a New Keynesian Model under Positive and Zero Nominal Interest Rate," Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section, number E2011/11, Apr.
• Hong, Hao, 2011, "Monetary aggregates, financial intermediate and the business cycle," Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section, number E2011/16, Jun.
• Hatcher, Michael C., 2011, "Comparing inflation and price-level targeting: A comprehensive review of the literature," Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section, number E2011/22, Aug.
• Polito, Vito & Spencer, Peter, 2011, "UK Macroeconomic Volatility and the Welfare Costs of Inflation," Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section, number E2011/23, Sep.
• Hatcher, Michael C., 2011, "Inflation versus price-level targeting and the zero lower bound: Stochastic simulations from the Smets-Wouters US model," Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section, number E2011/24, Oct.
• Dixon, Huw David & Bihan, Herv Le, 2011, "Generalized Taylor and Generalized Calvo price and wage-setting: micro evidence with macro implications," Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section, number E2011/25, Oct.
• Hatcher, Michael C., 2011, "Optimal indexation of government bonds and monetary policy," Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section, number E2011/3, Jan, revised Mar 2011.
• Hatcher, Michael C., 2011, "Price-level targeting versus inflation targeting over the long-term," Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section, number E2011/5, Mar.
• Michael Parkin, 2011, "Overnight Moves: The Bank of Canada Should Start to Raise Interest Rates Now," C.D. Howe Institute Backgrounder, C.D. Howe Institute, issue 139, July.
• Philippe Bergevin & William B.P. Robson, 2011, "The Costs of Inflexible Indexing: Avoiding the Adverse Fiscal Impacts of Lower Inflation," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 322, February.
• Philippe Bergevin & Pierre Duguay & Paul Jenkins, 2011, "When Nightmares Become Real: Modelling Linkages between the Financial Sector and the Real Economy in the Aftermath of the Financial Crisis," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 332, August.
• Alexandre Laurin & Finn Poschmann, 2011, "What's My METR? Marginal Effective Tax Rates Are Down - But Not for Everyone: The Ontario Case," e-briefs, C.D. Howe Institute, number 114, Apr.
• Alexandre Laurin & Finn Poschmann, 2011, "What Has Happened to Quebecers’ Marginal Effective Tax Rates?," e-briefs, C.D. Howe Institute, number 115, May.
• Alexandre Laurin & Finn Poschmann, 2011, "Western METRics: Marginal Effective Tax Rates in the Western Provinces," e-briefs, C.D. Howe Institute, number 121, Aug.
• Philippe Bergevin & Colin Busby, 2011, "Core, What is it Good For? Why the Bank of Canada Should Focus on Headline Inflation," e-briefs, C.D. Howe Institute, number 124, Sep.
• Christopher Ragan, 2011, "The Roads Not Taken: Why the Bank of Canada Stayed With Inflation Targeting," e-briefs, C.D. Howe Institute, number 125, Nov.
• Aizenman, Joshua & Glick, Reuven, 2008, "Sovereign Wealth Funds: Stylized Facts about their Determinants and Governance," Santa Cruz Department of Economics, Working Paper Series, Department of Economics, UC Santa Cruz, number qt1fj4b203, Dec.
• Aizenman, Joshua & Hutchison, Michael M. & Noy, Ilan, 2008, "Inflation Targeting and Real Exchange Rates in Emerging Markets," Santa Cruz Department of Economics, Working Paper Series, Department of Economics, UC Santa Cruz, number qt6d23q90v, Dec.
• Marco Crocco, 2011, "Centralidade e hierarquia do sistema financeiro brasileiro," Textos para Discussão Cedeplar-UFMG, Cedeplar, Universidade Federal de Minas Gerais, number td444, Aug.
• Reginaldo P. Nogueira, Jr. & Miguel A. León-Ledesma, 2011, "Does exchange rate pass-through respond to measures of macroeconomic instability?," Journal of Applied Economics, Universidad del CEMA, volume 14, pages 167-180, May.
• Stephen Hansen & Michael McMahon, 2011, "How Experts Decide: Identifying Preferences versus Signals from Policy Decisions," CEP Discussion Papers, Centre for Economic Performance, LSE, number dp1063, Jul.
• Stephen Hansen & Michael McMahon, 2011, "First Impressions Matter: Signalling as a Source of Policy Dynamics," CEP Discussion Papers, Centre for Economic Performance, LSE, number dp1074, Sep.
• Filip Matejka & Christopher A. Sims, 2011, "Discrete Actions in Information-Constrained Tracking Problems," CERGE-EI Working Papers, The Center for Economic Research and Graduate Education - Economics Institute, Prague, number wp441, Jun.
• Marek Rusnak & Tomas Havranek & Roman Horvath, 2011, "How to Solve the Price Puzzle? A Meta-Analysis," CERGE-EI Working Papers, The Center for Economic Research and Graduate Education - Economics Institute, Prague, number wp446, Sep.
• Carsten Hefeker & Blandine Zimmer, 2011, "Central Bank Independence and Conservatism under Uncertainty: Substitutes or Complements?," CESifo Working Paper Series, CESifo, number 3344.
• Carlo Altavilla & Matteo Ciccarelli, 2011, "Monetary Policy Analysis in Real-Time. Vintage Combination from a Real-Time Dataset," CESifo Working Paper Series, CESifo, number 3372.
• Alexandru Minea & Christophe Rault, 2011, "External Monetary Shocks and Monetary Integration: Evidence from the Bulgarian Currency Board," CESifo Working Paper Series, CESifo, number 3409.
• Heiner Mikosch & Jan-Egbert Sturm, 2011, "Has the EMU Reduced Wage Growth and Unemployment? Testing a Model of Trade Union Behaviour," CESifo Working Paper Series, CESifo, number 3453.
• Heike Schenkelberg & Sebastian Watzka, 2011, "Real Effects of Quantitative Easing at the Zero-Lower Bound: Structural VAR-based Evidence from Japan," CESifo Working Paper Series, CESifo, number 3486.
• Arturo Ormeño, 2011, "Using Survey Data on Inflation Expectations in the Estimation of Learning and Rational Expectations Models," CESifo Working Paper Series, CESifo, number 3552.
• Mahir Binici & Yin-Wong Cheung, 2011, "Exchange Rate Dynamics under Alternative Optimal Interest Rate Rules," CESifo Working Paper Series, CESifo, number 3577.
• Gert Peersman, 2011, "Macroeconomic Effects of Unconventional Monetary Policy in the Euro Area," CESifo Working Paper Series, CESifo, number 3589.
• Hans Gersbach & Volker Hahn, 2011, "Modeling Two Macro Policy Instruments - Interest Rates and Aggregate Capital Requirements," CESifo Working Paper Series, CESifo, number 3598.
• Tiziana Assenza & Michele Berardi & Domenico Delli Gatti, 2011, "Was Bernanke Right? Targeting Asset Prices may not be a Good Idea after all," CESifo Working Paper Series, CESifo, number 3641.
• Ludger Schuknecht & Philippe Moutot & Philipp Rother & Jürgen Stark, 2011, "The Stability and Growth Pact: Crisis and Reform," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, volume 9, issue 03, pages 10-17, October.
• Hans Peter Grüner & Daniel Patrick Müller, 2011, "Not a Good Fit: The European Banking Authority's New Capital Requirements and the EFSF," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, volume 12, issue 04, pages 18-22, December.
• Marek Dabrowski, 2011, "Euro Crisis or Fiscal Crisis: Looking for the Right Diagnosis and Therapy," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, volume 12, issue 04, pages 30-36, December.
• Thomas Mayer & Holger Schmieding & Manfred Jäger-Ambrozewicz & Michael Lamla & Jan-Egbert Sturm & Ulrich Kater & Leon Leschus & Wolfgang Brachinger, 2011, "Zinserhöhung der EZB: Wie groß ist die Inflationsgefahr?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, volume 64, issue 14, pages 03-26, July.
• Martin Mandler & Peter Tillmann, 2011, "Die schwierige Rückkehr der EZB zur Normalität: Ein Vorschlag," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, volume 64, issue 14, pages 27-29, July.
• José Manuel Madeira Belbute, 2011, "Is the Euro-Area Core Price Index Really More Persistent than the Food and Energy Price Indexes?," CEFAGE-UE Working Papers, University of Evora, CEFAGE-UE (Portugal), number 2011_14.
• Uluc Aysun & Ralf Hepp, 2011, "Identifying the balance sheet and lending channels of monetary transmission: A loan-level analysis," Working Papers, University of Central Florida, Department of Economics, number 2011-01, Jul.
• Uluc Aysun, 2011, "The implications of dynamic financial frictions for DSGE models," Working Papers, University of Central Florida, Department of Economics, number 2011-02, Aug.
• Gianluca Benigno & Huigang Chen & Christopher Otrok & Alessandro Rebucci & Eric R. Young, 2011, "Optimal Capital Controls and Real Exchange Rate Policies: A Pecuniary Externality Perspective," Discussion Papers, Centre for Macroeconomics (CFM), number 1512, Jul, revised Feb 2015.
• Luis A.V. Catão & Adrian Pagan, 2011, "The Credit Channel and Monetary Transmission in Brazil and Chile: A Structured VAR Approach," Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile, chapter 5, in: Luis Felipe Céspedes & Roberto Chang & Diego Saravia, "Monetary Policy under Financial Turbulence".
• Gianluca Benigno & Huigang Chen & Christopher Otrok & Alessandro Rebucci & Eric R. Young, 2011, "Revisiting Overborrowing and its Policy Implications," Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile, chapter 6, in: Luis Felipe Céspedes & Roberto Chang & Diego Saravia, "Monetary Policy under Financial Turbulence".
• Carlos J. García & Andrés Sagner, 2011, "Crédito, Exceso de toma de Riesgo, Costo de Crédito y ciclo Económico en Chile," Working Papers Central Bank of Chile, Central Bank of Chile, number 645, Sep.
• Luisa Lambertini & Caterina Mendicino & Maria Teresa Punzi, 2011, "Leaning Against Boom-Bust Cycles in Credit and Housing Prices," Working Papers, Center for Fiscal Policy, Swiss Federal Institute of Technology Lausanne, number 201101, Mar, revised Mar 2011.
• Ian Christensen & Césaire Meh & Kevin Moran, 2011, "Bank Leverage Regulation and Macroeconomic Dynamics," CIRANO Working Papers, CIRANO, number 2011s-76, Dec.
• Eva M. Köberl & Sarah M. Lein, 2011, "The NIRCU and the Phillips curve: an approach based on micro data," Canadian Journal of Economics, Canadian Economics Association, volume 44, issue 2, pages 673-694, May, DOI: 10.1111/j.1540-5982.2011.01649.x.
• Luis F. Cernadas & E. René Aldazosa, 2011, "Estimación de una función de reacción para la política monetaria en Bolivia," Monetaria, CEMLA, volume 0, issue 1, pages 1-36, enero-mar.
• Eliana González & Luis F. Melo & Luis E. Rojas & Brayan Rojas, 2011, "Estimations of the Natural Rate of Interest in Colombia," Money Affairs, CEMLA, volume 0, issue 1, pages 33-75, January-J.
• Jiri Bohm & Jan Filacek & Ivana Kubicova & Romana Zamazalova, 2011, "Price-Level Targeting - A Real Alternative to Inflation Targeting?," Research and Policy Notes, Czech National Bank, Research and Statistics Department, number 2011/01, Oct.
• Marek Rusnak & Tomas Havranek & Roman Horvath, 2011, "How to Solve the Price Puzzle? A Meta-Analysis," Working Papers, Czech National Bank, Research and Statistics Department, number 2011/02, Jun.
• Jaromir Baxa & Roman Horvath & Borek Vasicek, 2011, "Time-Varying Monetary-Policy Rules and Financial Stress: Does Financial Instability Matter for Monetary Policy?," Working Papers, Czech National Bank, Research and Statistics Department, number 2011/03, Jul.
• Borek Vasicek, 2011, "Is Monetary Policy in the New EU Member States Asymmetric?," Working Papers, Czech National Bank, Research and Statistics Department, number 2011/05, Jul.
• Roman Horvath & Jakub Mateju, 2011, "How are Inflation Targets Set?," Working Papers, Czech National Bank, Research and Statistics Department, number 2011/06, Jul.
• Michal Franta & Jozef Barunik & Roman Horvath & Katerina Smidkova, 2011, "Are Bayesian Fan Charts Useful for Central Banks? Uncertainty, Forecasting, and Financial Stability Stress Tests," Working Papers, Czech National Bank, Research and Statistics Department, number 2011/10, Nov.
• Michal Franta & Roman Horvath & Marek Rusnak, 2011, "Evaluating Changes in the Monetary Transmission Mechanism in the Czech Republic," Working Papers, Czech National Bank, Research and Statistics Department, number 2011/13, Dec.
• Carlos González-Aguado, 2011, "Interest Rates and Credit Risk," CNMV Working Papers, CNMV- Spanish Securities Markets Commission - Research and Statistics Department, number CNMV Working Papers no. 4.
• Nicol√°s de Roux & Marc Hofstetter, 2011, "On the Endogeneity of Inflation Targeting: Preferences Over Inflation," Documentos CEDE, Universidad de los Andes, Facultad de Economía, CEDE, number 8731, Feb.
• Laurence Ball & NicolÔøΩs De Roux & Marc Hofstetter, 2011, "Unemployment in Latin America and the Caribbean," Documentos CEDE, Universidad de los Andes, Facultad de Economía, CEDE, number 8917, Aug.
• Nicol√°s De Roux, 2011, "Back to Basics: Sticky Prices in the Monetary Transmission Mechanism," Documentos CEDE, Universidad de los Andes, Facultad de Economía, CEDE, number 9244, Sep.
• Ana Mar√≠a Ib√°nez L. & Manuel FernÔøΩndez & Ximena PeÔøΩa, 2011, "Adjusting the Labor Supply to Mitigate Violent Shocks: Evidence from Rural Colombia," Documentos CEDE, Universidad de los Andes, Facultad de Economía, CEDE, number 9246, Nov.
• Christian Bustamante, 2011, "Pol�tica monetaria contrac�clica y encaje bancario," Borradores de Economia, Banco de la Republica, number 8202, Mar.
• Andres Felipe Garcia-Suaza & Jose Eduardo G�mez, 2011, "A Simple Test of Momentum in Foreign Exchange Markets," Borradores de Economia, Banco de la Republica, number 8230, Mar.
• Sebasti�n G�mez Barrero & Juli�n Parra Polan�a, 2011, "Comportamiento estrat�gico de los bancos centrales al anunciar pron�sticos de inflaci�n," Borradores de Economia, Banco de la Republica, number 8576, May.
• Sebasti�n G�mez Barrero & Juli�n Parra Polan�a, 2011, "Comportamiento estrat�gico de los bancos centrales al anunciar pron�sticos de inflaci�n," Borradores de Economia, Banco de la Republica, number 8577, May.
• Andr�s Gonz�lez & Lavan Mahadeva & Juan D. Prada & Diego Rodr�guez, 2011, "Policy Analysis Tool Applied to Colombian Needs: PATACON Model Description," Borradores de Economia, Banco de la Republica, number 8698, May.
• Juan David Prada-Sarmiento, 2011, "Multiple policymakers and the social value of public information," Borradores de Economia, Banco de la Republica, number 8981, Sep.
• Pamela A. Cardozo & Carlos A. Huertas C. & Juli�n A. Parra P. & Lina V. Pati�o Echeverri, 2011, "Mercado interbancario colombiano y manejo de liquidez del Banco de la Rep�blica," Borradores de Economia, Banco de la Republica, number 9017, Oct.
• Fernando Tenjo Galarza & Enrique L�pez E. & Diego H. Rodr�guez H., 2011, "El canal de pr�stamos de la pol�tica monetaria en Colombia. Un enfoque FAVAR," Borradores de Economia, Banco de la Republica, number 9198, Dec.
• Carolina Arteaga cabrales & Joan Camilo Granados Castro & Jair Ojeda Joya, 2011, "The Effect of Monetary Policy on Commodity Prices: Disentangling the Evidence for Individual Prices," Borradores de Economia, Banco de la Republica, number 9199, Dec.
• Sergio Ocampo & Norberto Rodr�guez, 2011, "An Introductory Review of a Structural VAR-X Estimation and Applications," Borradores de Economia, Banco de la Republica, number 9200, Dec.
• Mauricio Arango & Carlos Esteban Posada & Jorge Andr�s Tamayo, 2011, "El sistema crediticio, la política monetaria y un posible origen de ciclos y crisis financieras," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, volume 29, issue 64, pages 32-61, DOI: 10.32468/Espe.6402.
• Juan José Echavarría & Norberto Rodr�guez & Luis Eduardo Rojas, 2011, "La Meta Del Banco Central Y La Persistencia De La Inflación En Colombia," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, volume 29, issue 65, pages 198-222, DOI: 10.32468/Espe.6505.
• Juan José Echavarría & Enrique L�pez & Martha Misas, 2011, "La Persistencia Estadística De La Inflación En Colombia," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, volume 29, issue 65, pages 224-266, DOI: 10.32468/Espe.6506.
• Andrés González & Lavan Mahadeva & Juan D. Prada & Diego Rodr�guez, 2011, "Policy Analysis Tool Applied to Colombian Needs: Patacon Model Description," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, volume 29, issue 66, pages 222-245, DOI: 10.32468/Espe.6606.
• Elizabeth Aponte Jaramillo, 2011, "Política Monetaria Y Paridad De Intereses En Colombia, 1990 - 2007: Un Ejercicio," Revista de Economía y Administración, Universidad Autónoma de Occidente.
• Elizabeth Aponte Jaramillo & Álvaro José Franco Prado, 2011, "Grupo En Economía Y Desarrollo (Gied): Diez Anos De Investigación," Revista de Economía y Administración, Universidad Autónoma de Occidente.
• Leonidas Zelmanovitz, 2011, "Money: origin and essence," Revista Criterio Libre, Universidad Libre - Sede Principal.
• Manfred Grautoff Laverde & Fernando Chavarro Miranda & Andrés Felipe Arce, 2011, "La teoría racional del crimen. Aplicaciones de Gary Becker en Bogotá, D.C," Revista Criterio Libre, Universidad Libre - Sede Principal.
• María Concepción Verona Martel & José Juan Déniz Mayor, 2011, "Las agencias de rating y la crisis fi nanciera de 2008: ¿El fi n de un poder sin control?," Revista Criterio Libre, Universidad Libre - Sede Principal.
• Sergio Ocampo Díaz, 2011, "Agentes no ricardianos y rigideces nominales: su efecto sobre el principio de Taylor," Vniversitas Económica, Universidad Javeriana - Bogotá, volume 0, issue 0, pages 1-56.
• Jesús Perdomo & Oswaldo Heredia & Carlos Valencia & Javier Gonz�lez y Jes�s Galende, 2011, "La gestión de recursos humanos enfocada en la calidad total y la innovación," Vniversitas Económica, Universidad Javeriana - Bogotá, volume 0, issue 0, pages 1-26.
• Andrés Felipe Giraldo & Martha Misas Arango & Edgar Villa P�rez, 2011, "Reconstructing the recent monetary policy history of Colombia from 1990 to 2010," Vniversitas Económica, Universidad Javeriana - Bogotá, volume 0, issue 0, pages 1-38.
• Francisco Alvarado Bernal, 2011, "La hipótesis postkeynesiana del dinero endógeno: evidencia empírica para Colombia 1982-2009," Ensayos de Economía, Universidad Nacional de Colombia Sede Medellín, number 9118, Jun.
• Roberto Alfonso Montenegro Robles, 2011, "La política monetaria y la brecha del producto," Revista Finanzas y Politica Economica, Universidad Católica de Colombia, volume 3, issue 2, pages 41-47.
• Arturo Haro de Rosario & Mar�a Nieves Ben�tez S�nchez & Mar�a del Carmen Caba P�rez, 2011, "Responsabilidad social corporativa en el sector eléctrico," Revista Finanzas y Politica Economica, Universidad Católica de Colombia, volume 3, issue 2, pages 49-63.
• Luís Ángel Meneses Cerón & Ronald Alejandro Macuac� Otero, 2011, "Valoración y riesgo crediticio en Colombia," Revista Finanzas y Politica Economica, Universidad Católica de Colombia, volume 3, issue 2, pages 65-82.
• Astrid León Camargo & Hugo Germ�n Caicedo Mora, 2011, "La economía informal en Villavicencio," Revista Finanzas y Politica Economica, Universidad Católica de Colombia, volume 3, issue 2, pages 83-103.
• Juan Sebastián Lara Rodríguez & Jaime Ignacio Berm�dez Guerrero, 2011, "Perspectiva de la política de innovación y su monitoreo en la Unión Europea, 2010-2020," Revista Finanzas y Politica Economica, Universidad Católica de Colombia, volume 3, issue 2, pages 105-125.
• Rebucci, Alessandro & Benigno, Gianluca & Otrok, Christopher & Chen, Huigang & Young, Eric, 2011, "Financial Crisis and Macro-Prudential Policies," CEPR Discussion Papers, Centre for Economic Policy Research, number 8175, Jan.
• Svensson, Lars E.O. & LASEEN, PER, 2011, "Anticipated Alternative Instrument-Rate Paths in Policy Simulations," CEPR Discussion Papers, Centre for Economic Policy Research, number 8176, Jan.
• Berger, Helge & Ehrmann, Michael & Fratzscher, Marcel, 2011, "Monetary Policy in the Media," CEPR Discussion Papers, Centre for Economic Policy Research, number 8192, Jan.
• Correia, Isabel & Teles, Pedro & Nicolini, Juan Pablo & Farhi, Emmanuel, 2011, "Unconventional Fiscal Policy at the Zero Bound," CEPR Discussion Papers, Centre for Economic Policy Research, number 8193, Jan.
• Mumtaz, Haroon & Surico, Paolo, 2011, "Estimating the Aggregate Consumption Euler Equation with State-Dependent Parameters," CEPR Discussion Papers, Centre for Economic Policy Research, number 8233, Feb.
• Marcellino, Massimiliano & Eickmeier, Sandra & Lemke, Wolfgang, 2011, "Classical time-varying FAVAR models - Estimation, forecasting and structural analysis," CEPR Discussion Papers, Centre for Economic Policy Research, number 8321, Apr.
• Gerlach, Stefan, 2011, "ECB Repo Rate Setting During the Financial Crisis," CEPR Discussion Papers, Centre for Economic Policy Research, number 8346, Apr.
• Peersman, Gert, 2011, "Macroeconomic Effects of Unconventional Monetary Policy in the Euro Area," CEPR Discussion Papers, Centre for Economic Policy Research, number 8348, Apr.
• Giannitsarou, Chryssi & CHALLE, Edouard, 2011, "Stock Prices and Monetary Policy Shocks: A General Equilibrium Approach," CEPR Discussion Papers, Centre for Economic Policy Research, number 8387, May.
• Suarez, Javier & González-Aguado, Carlos, 2011, "Interest Rates and Credit Risk," CEPR Discussion Papers, Centre for Economic Policy Research, number 8398, May.
• Tambalotti, Andrea & Primiceri, Giorgio & Justiniano, Alejandro, 2011, "Is there a trade-off between inflation and output stabilization?," CEPR Discussion Papers, Centre for Economic Policy Research, number 8407, Jun.
• Eijffinger, Sylvester & Mahieu, Ronald & Raes, Louis, 2011, "Can the Fed talk the hind legs off the stock market?," CEPR Discussion Papers, Centre for Economic Policy Research, number 8450, Jun.
• Gerlach, Stefan & Lewis, John, 2011, "ECB Reaction Functions and the Crisis of 2008," CEPR Discussion Papers, Centre for Economic Policy Research, number 8472, Jul.
• Gale, Douglas M & Allen, Franklin & Carletti, Elena, 2011, "Money, Financial Stability and Efficiency," CEPR Discussion Papers, Centre for Economic Policy Research, number 8553, Sep.
• Bilbiie, Florin & Straub, Roland, 2011, "Asset Market Participation, Monetary Policy Rules and the Great Inflation," CEPR Discussion Papers, Centre for Economic Policy Research, number 8555, Sep.
• Ghironi, Fabio & Bilbiie, Florin & Fujiwara, Ippei, 2011, "Optimal Monetary Policy with Endogenous Entry and Product Variety," CEPR Discussion Papers, Centre for Economic Policy Research, number 8565, Sep.
• Eijffinger, Sylvester & Blommestein, Hans J. & Qian, Zongxin, 2011, "A Dynamic General Equilibrium Analysis of Monetary Policy Rules, Adverse Selection and Long-Run Financial Risk," CEPR Discussion Papers, Centre for Economic Policy Research, number 8652, Nov.
• Jean-Christophe Pereau & Nicolas Sanz, 2011, "Les effets de la politique monétaire sur l'emploi et les salaires," Documents de Travail, CEREGMIA, Université des Antilles et de la Guyane, number 2011-02, Jun.
• Nogues-Marco, María del Pilar, 2011, "The microeconomics of bullionism : arbitrage, smuggling and silver outflows in Spain in the early 18th century," IFCS - Working Papers in Economic History.WH, Universidad Carlos III de Madrid. Instituto Figuerola, number wp11-05, Jun.
• Vivien LEWIS & Céline POILLY, 2011, "Firm Entry, Inflation and the Monetary Transmission Mechanism," LIDAM Discussion Papers IRES, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES), number 2011004, Feb.
• Juan E. Castañeda & Geoffrey E. Wood, 2011, "Price stability and monetary policy: A proposal of a non active policy rule," Cuadernos de Economía - Spanish Journal of Economics and Finance, Asociación Cuadernos de Economía, volume 34, issue 95, pages 62-72, Agosto.
• Gaowang Wang & Heng-fu Zou, 2011, "Inflation Aversion and the Optimal Inflation Tax," Annals of Economics and Finance, Society for AEF, volume 12, issue 1, pages 13-30, May.
• Rangan Gupta, 2011, "Growth-Effects of Inflation Targeting: The Role of Financial Sector Development," Annals of Economics and Finance, Society for AEF, volume 12, issue 1, pages 65-87, May.