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

2005

• Ramón Adalid & Günter Coenen & Peter McAdam & Stefano Siviero, 2005, "The Performance and Robustness of Interest-Rate Rules in Models of the Euro Area," International Journal of Central Banking, International Journal of Central Banking, volume 1, issue 1, May.
• Edward Nelson, 2005, "Monetary Policy Neglect and the Great Inflation in Canada, Australia, and New Zealand," International Journal of Central Banking, International Journal of Central Banking, volume 1, issue 1, May.
• Bruce Preston, 2005, "Learning about Monetary Policy Rules when Long-Horizon Expectations Matter," International Journal of Central Banking, International Journal of Central Banking, volume 1, issue 2, September.
• David Gruen & Michael Plumb & Andrew Stone, 2005, "How Should Monetary Policy Respond to Asset-Price Bubbles?," International Journal of Central Banking, International Journal of Central Banking, volume 1, issue 3, December.
• Neville R. Francis & Michael T. Owyang & Athena T. Theodorou, 2005, "What Explains the Varying Monetary Response to Technology Shocks in G-7 Countries?," International Journal of Central Banking, International Journal of Central Banking, volume 1, issue 3, December.
• Marco Vega & Diego Winkelried, 2005, "Inflation Targeting and Inflation Behavior: A Successful Story?," International Journal of Central Banking, International Journal of Central Banking, volume 1, issue 3, December.
• Lars E.O. Svensson & Robert J. Tetlow, 2005, "Optimal Policy Projections," International Journal of Central Banking, International Journal of Central Banking, volume 1, issue 3, December.
• Christian A. Johnson & Rodrigo Vergara, 2005, "The implementation of monetary policy in an emerging economy: the case of Chile," Revista de Analisis Economico – Economic Analysis Review, Universidad Alberto Hurtado/School of Economics and Business, volume 20, issue 1, pages 45-62, June.
• Iwamoto, Yasushi, 2005, "Monetary and Fiscal Policy to Escape from a Deflationary Trap," Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan, volume 23, issue 1, pages 1-46, February.
• Baba, Naohiko & Nishioka, Shinichi & Oda, Nobuyuki & Shirakawa, Masaaki & Ueda, Kazuo & Ugai, Hiroshi, 2005, "Japan's Deflation, Problems in the Financial System, and Monetary Policy," Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan, volume 23, issue 1, pages 47-111, February.
• Fujiwara, Ippei & Hara, Naoko & Hirose, Yasuo & Teranishi, Yuki, 2005, "The Japanese Economic Model (JEM)," Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan, volume 23, issue 2, pages 61-142, May.
• McCallum, Bennett-T, 2005, "What Is the Proper Perspective for Monetary Policy Optimality?," Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan, volume 23, issue S1, pages 13-24, October.
• Plantin, Guillaume & Sapra, Haresh & Shin, Hyun-Song, 2005, "Marking to Market, Liquidity, and Financial Stability," Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan, volume 23, issue S1, pages 133-155, October.
• Kletzer, Kenneth, 2005, "International Financial Integration, Sovereignty, and Constraints on Macroeconomic Policies," Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan, volume 23, issue S1, pages 165-186, October.
• Fujiki, Hiroshi, 2005, "The Monetary Policy Committee and the Incentive Problem: A Selective Survey," Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan, volume 23, issue S1, pages 37-82, October.
• Rochet, Jean-Charles, 2005, "Prudential Policy," Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan, volume 23, issue S1, pages 93-119, October.
• Camille Logeay & Silke Tober, 2005, "Hysteresis and Nairu in the Euro Area," IMK Working Paper, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute, number 04-2005, Jul.
• Eckhard Hein, 2005, "Wage bargaining and monetary policy in a Kaleckian monetary distribution and growth model: trying to make sense of the NAIRU," IMK Working Paper, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute, number 08-2005, Oct.
• Luis Miguel Galindo & Horacio Catalán, 2005, "The Taylor Rule And The Exchange Rate In Mexico (An Empirical Appraisal)," Remef - Revista Mexicana de Economía y Finanzas Nueva Época REMEF (The Mexican Journal of Economics and Finance), Instituto Mexicano de Ejecutivos de Finanzas, IMEF, volume 4, issue 2, pages 115-125, Junio 200.
• Carlos Ibarra, 2005, "The Behavior of Interest Rate Differentials Under Shifting Exchange Rate Regimes: The Experience of Chile, Colombia and Israel," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., volume 42, issue 125, pages 103-131.
• Christian A Johnson & Rodrigo Vergara, 2005, "The Implementation of Monetary Policy in an Emerging Economy: The Case of Chile," Documentos de Trabajo, Instituto de Economia. Pontificia Universidad Católica de Chile., number 291.
• Fabio Milani, 2005, "Expectations, Learning and Macroeconomic Persistence," Working Papers, University of California-Irvine, Department of Economics, number 050608, Aug.
• Fabio Milani, 2005, "A Bayesian DSGE Model with Infinite-Horizon Learning: Do "Mechanical" Sources of Persistence Become Superfluous?," Working Papers, University of California-Irvine, Department of Economics, number 060703, Dec.
• Bunzel, Helle & Enders, Walter, 2005, "The Taylor Rule and 'Opportunistic' Monetary Policy," Staff General Research Papers Archive, Iowa State University, Department of Economics, number 12301, Apr.
• Bhattacharya, Joydeep & Haslag, Joseph H. & Martin, Antoine, 2005, "Heterogeneity, redistribution, and the Friedman rule," ISU General Staff Papers, Iowa State University, Department of Economics, number 200505050700001190, May.
• di Giovanni, Julian & McCrary, Justin & Wachter, Till von, 2005, "Following Germany's Lead: Using International Monetary Linkages to Identify the Effect of Monetary Policy on the Economy," IZA Discussion Papers, IZA Network @ LISER, number 1495, Feb.
• Belke, Ansgar H. & Herz, Bernhard & Vogel, Lukas, 2005, "Structural Reforms and the Exchange Rate Regime: A Panel Analysis for the World versus OECD Countries," IZA Discussion Papers, IZA Network @ LISER, number 1798, Oct.
• Christoffel, Kai & Linzert, Tobias, 2005, "The Role of Real Wage Rigidity and Labor Market Frictions for Unemployment and Inflation Dynamics," IZA Discussion Papers, IZA Network @ LISER, number 1896, Dec.
• Christoffel, Kai & Kuester, Keith & Linzert, Tobias, 2005, "The Impact of Labor Markets on the Transmission of Monetary Policy in an Estimated DSGE Model," IZA Discussion Papers, IZA Network @ LISER, number 1902, Dec.
• Denise R. Osborn & Dong Heon Kim & Marianne Sensier, 2005, "Nonlinearity in the Fed's monetary policy rule," Journal of Applied Econometrics, John Wiley & Sons, Ltd., volume 20, issue 5, pages 621-639, DOI: 10.1002/jae.792.
• Morten O. Ravn & Zacharias Psaradakis & Martin Sola, 2005, "Markov switching causality and the money-output relationship," Journal of Applied Econometrics, John Wiley & Sons, Ltd., volume 20, issue 5, pages 665-683, DOI: 10.1002/jae.819.
• Alan J. Auerbach & Maurice Obstfeld, 2005, "The Case for Open-Market Purchases in a Liquidity Trap," American Economic Review, American Economic Association, volume 95, issue 1, pages 110-137, March, DOI: 10.1257/0002828053828473.
• di Bartolomeo, Giovanni & Acocella, Nicola & Hallett, Andrew Hughes, 2005, "Dynamic Controllability with Overlapping targets: A Generalization of the Tinbergen-Nash Theory of Economic Policy," Economic Theory and Applications Working Papers, Fondazione Eni Enrico Mattei (FEEM), number 12176, DOI: 10.22004/ag.econ.12176.
• di Bartolomeo, Giovanni & Acocella, Nicola, 2005, "Tinbergen and Theil Meet Nash: Controllability in Policy Games," Economic Theory and Applications Working Papers, Fondazione Eni Enrico Mattei (FEEM), number 12178, DOI: 10.22004/ag.econ.12178.
• Cologni, Alessandro & Manera, Matteo, 2005, "Oil Prices, Inflation and Interest Rates in a Structural Cointegrated VAR Model for the G-7 Countries," International Energy Markets Working Papers, Fondazione Eni Enrico Mattei (FEEM), number 12110, DOI: 10.22004/ag.econ.12110.
• Grimes, Arthur, 2005, "Intra & Inter-Regional Industry Shocks: A New Metric with an Application to Australasian Currency Union," Motu Working Papers, Motu Economic and Public Policy Research, number 292886, May, DOI: 10.22004/ag.econ.292886.
• Grimes, Arthur, 2005, "Regional and Industry Cycles in Australasia: Implications for a Common Currency," Motu Working Papers, Motu Economic and Public Policy Research, number 292888, May, DOI: 10.22004/ag.econ.292888.
• Kumhof, Michael & Laxton, Doug & Naknoi, Kanda, 2005, "On the Benefits of Exchange Rate Flexibility under Endogenous Tradedness of Goods," Conference papers, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project, number 331319.
• Pedro Gomes & Pedro Bom & Pedro Leão, 2005, "The Effect Of Labour Share On The Natural Rate Of Interest: Some Empirical Evidence," Anais do XXXIII Encontro Nacional de Economia [Proceedings of the 33rd Brazilian Economics Meeting], ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics], number 026.
• Márcio Holland, 2005, "Monetary And Exchange Rate Policy In Brazil After Inflation Targeting," Anais do XXXIII Encontro Nacional de Economia [Proceedings of the 33rd Brazilian Economics Meeting], ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics], number 032.
• Alexandre Batista Ferreira & Frederico Gonzaga Jayme Júnior, 2005, "Metas De Inflação E Vulnerabilidade Externa No Brasil," Anais do XXXIII Encontro Nacional de Economia [Proceedings of the 33rd Brazilian Economics Meeting], ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics], number 035.
• Felipe F. Schwartzman, 2005, "Inflation Target Zones As A Commitment Mechanism," Anais do XXXIII Encontro Nacional de Economia [Proceedings of the 33rd Brazilian Economics Meeting], ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics], number 038.
• Breno Pascualote Lemos & Rodrigo Ayres Padilha & José Luís Oreiro, 2005, "Análise Das Condições De Estabilidade De Um Modelo Macrodinâmico Walrasiano Sob Diferentes Regras De Política Monetária," Anais do XXXIII Encontro Nacional de Economia [Proceedings of the 33rd Brazilian Economics Meeting], ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics], number 039.
• Helder Ferreira de Mendonça, 2005, "Metas Para Inflação E Variáveis Macroeconômicas: Uma Avaliação Empírica," Anais do XXXIII Encontro Nacional de Economia [Proceedings of the 33rd Brazilian Economics Meeting], ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics], number 040.
• Martin Menner & Hugo Rodriguez Mendizabal, 2005, "On the Identification of Monetary (and Other) Shocks," UFAE and IAE Working Papers, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC), number 650.05, May.
• Fiona Atkins, 2005, "Financial Crises and Money Demand in Jamaica," Birkbeck Working Papers in Economics and Finance, Birkbeck, Department of Economics, Mathematics & Statistics, number 0512, Sep.
• René Lalonde, 2005, "Endogenous Central Bank Credibility in a Small Forward-Looking Model of the U.S. Economy," Staff Working Papers, Bank of Canada, number 05-16, DOI: 10.34989/swp-2005-16.
• Christopher Ragan, 2005, "The Exchange Rate and Canadian Inflation Targeting," Staff Working Papers, Bank of Canada, number 05-34, DOI: 10.34989/swp-2005-34.
• René Garcia & Richard Luger, 2005, "The Canadian Macroeconomy and the Yield Curve: An Equilibrium-Based Approach," Staff Working Papers, Bank of Canada, number 05-36, DOI: 10.34989/swp-2005-36.
• James Rossiter, 2005, "Measurement Bias in the Canadian Consumer Price Index," Staff Working Papers, Bank of Canada, number 05-39, DOI: 10.34989/swp-2005-39.
• John Sargent, 2005, "The 1975-78 Anti-Inflation Program in Retrospect," Staff Working Papers, Bank of Canada, number 05-43, DOI: 10.34989/swp-2005-43.
• Ladislav Wintr & Paolo Guarda & Abdelaziz Rouabah, 2005, "Estimating the natural interest rate for the euro area and Luxembourg," BCL working papers, Central Bank of Luxembourg, number 15, Jun.
• Robert-Paul Berben & Alberto Locarno & Julian Morgan & Javier Vallés, 2005, "Cross-country differences in monetary policy transmission," Working Papers, Banco de España, number 0502, Jan.
• Leonardo Gambacorta, 2005, "How Do Banks Set Interest Rates?," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 542, Feb.
• Leonardo Gambacorta & Simonetta Iannotti, 2005, "Are there asymmetries in the response of bank interest rates monetary shocks?," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 566, Nov.
• Ramos Francia Manuel & Torres García Alberto, 2005, "Reducing Inflation Through Inflation Targeting: The Mexican Experience," Working Papers, Banco de México, number 2005-01, Jul.
• Adolfo L.Cobo, 2005, "Output Gap in Colombia: An Eclectic Approach," Borradores de Economia, Banco de la Republica de Colombia, number 327, Feb, DOI: 10.32468/be.327.
• Paulina Restrepo Echavarría, 2005, "Disinflation Costs Under Inflation Targeting in Small Open Economy Economy," Borradores de Economia, Banco de la Republica de Colombia, number 328, Mar, DOI: 10.32468/be.328.
• Hernán Rincón & Edgar Caicedo & Norberto Rodríguez, 2005, "Exchange Rate Pass-Through Effects: A Disaggregate Analysis of Colombian Imports of Manufactured Goods," Borradores de Economia, Banco de la Republica de Colombia, number 330, Apr, DOI: 10.32468/be.330.
• Esteban Gómez & Diego Vásquez & Camilo Zea, 2005, "Derivative Markets' Impact on Colombian Monetary Policy," Borradores de Economia, Banco de la Republica de Colombia, number 334, May, DOI: 10.32468/be.334.
• Carlos Andrés Amaya, 2005, "Interest Rate Setting and the Colombian Monetary Transmission Mechanism," Borradores de Economia, Banco de la Republica de Colombia, number 352, Sep, DOI: 10.32468/be.352.
• Olivier Loisel, 2005, "Central Bank Reputation in a Forward-Looking Model," Working papers, Banque de France, number 127.
• Sylvain Gouteron & Daniel Szpiro, 2005, "Excès de liquidité montaire et prix des actifs," Working papers, Banque de France, number 131.
• Bilke, L., 2005, "Quelles hypothèses pour expliquer un changement du régime de l’inflation en France ?," Bulletin de la Banque de France, Banque de France, issue 141, pages 21-31.
• Tommaso Monacelli & Jordi Galí, 2015, "Optimal Monetary and Fiscal Policy in a Currency Union," Working Papers, Barcelona School of Economics, number 240, Sep.
• Ignazio Angeloni & Luc Aucremanne & Michael Ehrmann & Andrew Levin & Frank Smets & Jordi Galí, 2015, "New Evidence on Inflation Persistence and Price Stickiness in the Euro Area: Implications for Macro Modelling," Working Papers, Barcelona School of Economics, number 242, Sep.
• Stephen Morris & Hyun Song Shin, 2005, "Central Bank Transparency and the Signal Value of Prices," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, volume 36, issue 2, pages 1-66.
• Piti Disyatat, 2005, "Inflation targeting, asset prices and financial imbalances: conceptualizing the debate," BIS Working Papers, Bank for International Settlements, number 168, Jan.
• Jeffery D. Amato, 2005, "The role of the natural rate of interest in monetary policy," BIS Working Papers, Bank for International Settlements, number 171, Mar.
• Edda Zoli, 2005, "How does fiscal policy affect monetary policy in emerging market countries?," BIS Working Papers, Bank for International Settlements, number 174, Apr.
• Naohiko Baba & Shinichi Nishioka & Nobuyuki Oda & Masaaki Shirakawa & Kazuo Ueda & Hiroshi Ugai, 2005, "Japan's deflation, problems in the financial system and monetary policy," BIS Working Papers, Bank for International Settlements, number 188, Nov.
• Charles A E Goodhart, 2005, "Beyond current policy frameworks," BIS Working Papers, Bank for International Settlements, number 189, Nov.
• Elizabeth Bucacos, 2005, "Acerca de la estacionalidad estocástica. Una aplicación para la demanda real de dinero en Uruguay," Documentos de trabajo, Banco Central del Uruguay, number 2005001, Jun.
• Abbas Valadkhani, 2005, "Modelling Demand For Broad Money In Australia," Australian Economic Papers, Wiley Blackwell, volume 44, issue 1, pages 47-64, March, DOI: 10.1111/j.1467-8454.2005.00248.x.
• Pär Österholm, 2005, "The Taylor Rule: A Spurious Regression?," Bulletin of Economic Research, Wiley Blackwell, volume 57, issue 3, pages 217-247, July, DOI: 10.1111/j.0307-3378.2005.01220.x.
• Jürgen von Hagen & Jizhong Zhou, 2005, "The choice of exchange rate regime: An empirical analysis for transition economies," The Economics of Transition, The European Bank for Reconstruction and Development, volume 13, issue 4, pages 679-703, October, DOI: 10.1111/j.0967-0750.2005.00237.x.
• Andrew Hughes Hallett & Diana N. Weymark, 2005, "Independence Before Conservatism: Transparency, Politics and Central Bank Design," German Economic Review, Verein für Socialpolitik, volume 6, issue 1, pages 1-21, February, DOI: 10.1111/j.1465-6485.2005.00119.x.
• Thomas Beissinger & Chritoph Knoppik, 2005, "Sind Nominallöhne starr? Neuere Evidenz und wirtschaftspolitische Implikationen," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, volume 6, issue 2, pages 171-188, May, DOI: 10.1111/j.1465-6493.2005.00175.x.
• Ulf Söderström & Paul Söderlind & Anders Vredin, 2005, "New‐Keynesian Models and Monetary Policy: A Re‐examination of the Stylized Facts," Scandinavian Journal of Economics, Wiley Blackwell, volume 107, issue 3, pages 521-546, September, DOI: 10.1111/j.1467-9442.2005.00421.x.
• Gustavo Piga, 2005, "On The Sources Of The Inflation Bias And Output Variability," Scottish Journal of Political Economy, Scottish Economic Society, volume 52, issue 4, pages 607-622, September, DOI: 10.1111/j.1467-9485.2005.00358.x.
• Arne Bigsten, 2005, "Can Japan Make a Comeback?," The World Economy, Wiley Blackwell, volume 28, issue 4, pages 595-606, April, DOI: 10.1111/j.1467-9701.2005.00693.x.
• Pablo Mendieta Ossio & Hugo Rodriguez Gonzales, 2005, "Interacción de la política fiscal con la política monetaria en el MERCOSUR y países asociados," Revista de Análisis del BCB, Banco Central de Bolivia, volume 8, issue 1, pages 49-97, December.
• Øistein Røisland, 2005, "Inflation inertia and the optimal hybrid inflation/price-level target," Working Paper, Norges Bank, number 2005/4, Jul.
• Q. Farook Akram & Gunnar Bårdsen & Øyvind Eitrheim, 2005, "Monetary policy and asset prices: To respond or not?," Working Paper, Norges Bank, number 2005/9, Oct.
• Hilde C. Bjørnland, 2005, "Monetary policy and the illusionary exchange rate puzzle," Working Paper, Norges Bank, number 2005/11, Nov.
• Julien Garnier & Bjørn-Roger Wilhelmsen, 2005, "The natural real interest rate and the output gap in the euro area: A joint estimation," Working Paper, Norges Bank, number 2005/14, Dec.
• Hilde C. Bjørnland, 2005, "Monetary policy and exchange rate interactions in a small open economy," Working Paper, Norges Bank, number 2005/16, Dec.
• Peter N. Ireland, 2005, "Changes in the Federal Reserve’s Inflation Target: Causes and Consequences," Boston College Working Papers in Economics, Boston College Department of Economics, number 607, Jan.
• Peter N. Ireland, 2005, "The Monetary Transmission Mechanism," Boston College Working Papers in Economics, Boston College Department of Economics, number 628, Oct.
• Matteo Iacoviello, 2005, "Household Debt and Income Inequality, 1963-2003," Boston College Working Papers in Economics, Boston College Department of Economics, number 629, Nov, revised 18 Oct 2007.
• Ana Lasaosa, 2005, "Learning the rules of the new game? Comparing the reactions in financial markets to announcements before and after the Bank of England's operational independence," Bank of England working papers, Bank of England, number 255, Mar.
• Nobuyuki Oda & Takashi Nagahata, 2005, "On the Function of the Zero Interest Rate Commitment: Monetary Policy Rules in the Presence of the Zero Lower Bound on Interest Rates," Bank of Japan Working Paper Series, Bank of Japan, number 05-E-1, Feb.
• Hibiki Ichiue, 2005, "How Do Monetary Policy Rules Affect Term Premia?," Bank of Japan Working Paper Series, Bank of Japan, number 05-E-14, Oct.
• Nobuyuki Oda & Kazuo Ueda, 2005, "The Effects of the Bank of Japan's Zero Interest Rate Commitment and Quantitative Monetary Easing on the Yield Curve: A Macro-Finance Approach," Bank of Japan Working Paper Series, Bank of Japan, number 05-E-6, Apr.
• A. Campolmi, 2005, "Which inflation to target? A small open economy with sticky wages indexed to past inflation," Working Papers, Dipartimento Scienze Economiche, Universita' di Bologna, number 553.
• Edgar L. Feige, 2005, "Overseas Holdings Of U.S.Currency And The Underground Economy," Macroeconomics, University Library of Munich, Germany, number 0501022, Jan.
• Lucjan T Orlowski, 2005, "Monetary Convergence of the EU Candidates to the Euro: A Theoretical Framework and Policy Implications," Macroeconomics, University Library of Munich, Germany, number 0501032, Jan.
• Lucjan T Orlowski, 2005, "Money Rules For The Eurozone Candidate Countries," Macroeconomics, University Library of Munich, Germany, number 0501033, Jan.
• Lucjan T Orlowski, 2005, "Exchange Rate Risk and Convergence to the Euro," Macroeconomics, University Library of Munich, Germany, number 0501034, Jan.
• Edgar L. Feige & M. Parkin & R Avery & C. Stones, 2005, "The Roles Of Money In An Economy And The Optimum Quantity Of Money," Macroeconomics, University Library of Munich, Germany, number 0501035, Jan.
• Lucjan T Orlowski, 2005, "Monetary Convergence And Risk Premiums In The EU Candidate Countries," Macroeconomics, University Library of Munich, Germany, number 0501037, Jan.
• Lucjan T Orlowski, 2005, "A Dynamic Approach to Inflation Targeting in Transition Economies," Macroeconomics, University Library of Munich, Germany, number 0501038, Jan.
• Shiu-Sheng Chen, 2005, "Does Monetary Policy Have Asymmetric Effects on Stock Returns?," Macroeconomics, University Library of Munich, Germany, number 0502001, Feb, revised 01 Feb 2005.
• Edgar L. Feige, 2005, "The Underground Economy And The Currency Enigma," Macroeconomics, University Library of Munich, Germany, number 0502004, Feb.
• Mariusz Jarmuzek & Lucjan T. Orlowski & Artur Radziwill, 2005, "Monetary Policy Transparency in the Inflation Targeting," Macroeconomics, University Library of Munich, Germany, number 0502025, Feb.
• Frank Browne & Gabriel Fagan & Jerome Henry, 2005, "Money Demand in EU Countries: A Survey," Macroeconomics, University Library of Munich, Germany, number 0503004, Mar.
• David Navrátil & Viktor Kotlán, 2005, "The CNB’s Policy Decisions – Are They Priced in by the Markets?," Macroeconomics, University Library of Munich, Germany, number 0503005, Mar.
• Ferda Halicioglu, 2005, "Active And Passive Seigniorage Revenues: The Case For Turkey 1970-1997," Macroeconomics, University Library of Munich, Germany, number 0503010, Mar.
• Juan Paez-Farrell, 2005, "Interest Rate Rules and the Response to the Output Gap," Macroeconomics, University Library of Munich, Germany, number 0503016, Mar.
• Francesco Belviso & Fabio Milani, 2005, "Structural Factor-Augmented VAR (SFAVAR) and the Effects of Monetary Policy," Macroeconomics, University Library of Munich, Germany, number 0503023, Mar.
• Giovanni Di Bartolomeo & Enrico Marchetti, 2005, "Central banks and information provided to the private sector," Macroeconomics, University Library of Munich, Germany, number 0504025, Apr, revised 27 Apr 2005.
• Giovanni Di Bartolomeo & Nicola Acocella, 2005, "Non-Neutrality Of Monetary Policy In Policy Games," Macroeconomics, University Library of Munich, Germany, number 0504026, Apr.
• David Eagle, 2005, "Multiple Critiques of Woodford’s Model of a Cashless Economy," Macroeconomics, University Library of Munich, Germany, number 0504028, Apr.
• Ricardo Nunes, 2005, "Learning the inflation target," Macroeconomics, University Library of Munich, Germany, number 0504033, Apr, revised 26 Apr 2005.
• Nicola Acocella & Giovanni Di Bartolomeo, 2005, "Controllability and non-neutrality of economic policy: The Tinbergen’s approach in a strategic context," Macroeconomics, University Library of Munich, Germany, number 0504034, Apr.
• Nicola Acocella & Giovanni Di Bartolomeo, 2005, "Non-neutrality of economic policy: An application of the Tinbergen-Theil’s approach to a strategic context," Macroeconomics, University Library of Munich, Germany, number 0504035, Apr, revised 26 Apr 2005.
• Nicola Acocella & Giovanni Di Bartolomeo, 2005, "Tinbergen And Theil Meet Nash: Controllability In Policy Games," Macroeconomics, University Library of Munich, Germany, number 0504036, Apr, revised 06 Sep 2005.
• Efrem Castelnuovo & Paolo Surico, 2005, "The Price Puzzle: Fact or Artefact?," Macroeconomics, University Library of Munich, Germany, number 0505015, May, revised 19 Jul 2005.
• Efrem Castelnuovo, 2005, "Regime Shifts and the Stability of Backward Looking Phillips Curves in Open Economies," Macroeconomics, University Library of Munich, Germany, number 0506017, Jun.
• Antonello D'Agostino & Luca Sala & Paolo Surico, 2005, "The Fed and the Stock Market," Macroeconomics, University Library of Munich, Germany, number 0507001, Jul.
• Efrem Castelnuovo & Paolo Surico, 2005, "The Price Puzzle and Indeterminacy," Macroeconomics, University Library of Munich, Germany, number 0507021, Jul.
• Andrea Monticini & Giacomo Vaciago, 2005, "Are Europe's Interest Rates led by FED Announcements?," Macroeconomics, University Library of Munich, Germany, number 0507022, Jul.
• Ferda HALICIOGLU & Mehmet UGUR, 2005, "On Stability of the Demand for Money in a Developing OECD," Macroeconomics, University Library of Munich, Germany, number 0508001, Aug.
• Fatih Guvenen, 2005, "Do Stockholders Share Risk More Effectively Than Non- stockholders?," Macroeconomics, University Library of Munich, Germany, number 0508006, Aug.
• Fabio Milani, 2005, "Learning, Monetary Policy Rules, and Macroeconomic Stability," Macroeconomics, University Library of Munich, Germany, number 0508019, Aug.
• Maritta Paloviita & Matti Virén, 2005, "The role of expectations in the inflation process in the euro area," Macroeconomics, University Library of Munich, Germany, number 0508031, Aug.
• Kai Leitemo & Ulf Söderström, 2005, "Robust monetary policy in the New-Keynesian framework," Macroeconomics, University Library of Munich, Germany, number 0508032, Aug.
• Marco Bonomo & Carlos Viana de Carvalho, 2005, "Endogenous Time-Dependent Rules and the Costs of Disinflation with Imperfect Credibility," Macroeconomics, University Library of Munich, Germany, number 0509004, Sep.
• Marco Bonomo & Carlos Viana de Carvalho, 2005, "Imperfectly Credible Disinflation under Endogenous Time-Dependent Pricing," Macroeconomics, University Library of Munich, Germany, number 0509005, Sep, revised 09 Sep 2005.
• Dionysios Chionis & Costas Leon, 2005, "Modeling Interest Rate Transmission Dynamics In Greece. Is There Any Structural Break After Emu?," Macroeconomics, University Library of Munich, Germany, number 0509016, Sep.
• Arthur Grimes, 2005, "Intra & Inter-Regional Industry Shocks: A New Metric with an Application to Australasian Currency Union," Macroeconomics, University Library of Munich, Germany, number 0509019, Sep.
• Arthur Grimes, 2005, "Regional and Industry Cycles in Australasia: Implications for a Common Currency," Macroeconomics, University Library of Munich, Germany, number 0509020, Sep.
• Agustin Carstens & Luis I. Jacome H., 2005, "Latin American Central Bank Reform: Progress and Challenges," Macroeconomics, University Library of Munich, Germany, number 0509022, Sep.
• Shengzu Wang & Shen Guo, 2005, "Optimal Monetary Policy Rules in A Simple Stochastic Macro Model: China's Evidence," Macroeconomics, University Library of Munich, Germany, number 0510009, Oct.
• Fabio Milani, 2005, "Expectations, Learning and Macroeconomic Persistence," Macroeconomics, University Library of Munich, Germany, number 0510022, Oct.
• Taiji Harashima, 2005, "The Cause of the Great Inflation: Interactions between the Government and the Monetary Policymakers," Macroeconomics, University Library of Munich, Germany, number 0510026, Oct, revised 17 Nov 2005.
• Giuseppe Fontana & Alfonso Palacio- Vera, 2005, "Are Long-Run Price Stability and Short-run Output Stabilization All that Monetary Policy Can Aim For?," Macroeconomics, University Library of Munich, Germany, number 0511024, Nov.
• Paul Castillo & Carlos Montoro & Vicente Tuesta, 2005, "Inflation Premium and Oil Price Volatility," Macroeconomics, University Library of Munich, Germany, number 0512004, Dec, revised 05 Jan 2006.
• Gabor Vadas & Gergely Kiss, 2005, "The Role of the Housing Market in Monetary Transmission," Macroeconomics, University Library of Munich, Germany, number 0512010, Dec.
• Yuriy Gorodnichenko, 2005, "Reduced-Rank Identification of Structural Shocks in VARs," Macroeconomics, University Library of Munich, Germany, number 0512011, Dec.
• Francis Vitek, 2005, "An Unobserved Components Model of the Monetary Transmission Mechanism in a Closed Economy," Macroeconomics, University Library of Munich, Germany, number 0512018, Dec, revised 06 Feb 2006.
• Francis Vitek, 2005, "An Unobserved Components Model of the Monetary Transmission Mechanism in a Small Open Economy," Macroeconomics, University Library of Munich, Germany, number 0512019, Dec, revised 06 Feb 2006.
• Joerg Bibow, 2005, "Liquidity Preference Theory Revisited—To Ditch or to Build on It?," Method and Hist of Econ Thought, University Library of Munich, Germany, number 0508003, Aug.
• Jacek Kotlowski, 2005, "Reaction functions of the Polish central bankers. A logit approach," Working Papers, Department of Applied Econometrics, Warsaw School of Economics, number 18, May.
• Marc D. Hayford & A. G. Malliaris, 2005, "Monetary Policy And The U.S. Stock Market," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 15, "Economic Uncertainty, Instabilities And Asset Bubbles Selected Essays".
• Dorbec, Anna, 2005, "Choice of substitution currency in Russia: how to explain the dollar's dominance?," BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT), number 15/2005.
• Paloviita, Maritta & Virén, Matti, 2005, "The role of expectations in the inflation process in the euro area," Bank of Finland Research Discussion Papers, Bank of Finland, number 6/2005.
• Bjørnland, Hilde C. & Leitemo, Kai, 2005, "Identifying the interdependence between US monetary policy and the stock market," Bank of Finland Research Discussion Papers, Bank of Finland, number 17/2005.
• Leitemo, Kai & Söderström, Ulf, 2005, "Robust monetary policy in a small open economy," Bank of Finland Research Discussion Papers, Bank of Finland, number 20/2005.
• Paustian, Matthias, 2005, "The role of contracting schemes for the welfare costs of nominal rigidities over the business cycle," Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank, number 2005,22.
• Svensson, Lars E. O. & Williams, Noah, 2005, "Monetary policy with model uncertainty: distribution forecast targeting," Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank, number 2005,35.
• Carlberg, Michael, 2005, "International Monetary Policy Coordination," University of Göttingen Working Papers in Economics, University of Goettingen, Department of Economics, number 41.
• Küster, Keith & Wieland, Volker, 2005, "Insurance policies for monetary policy in the Euro area," CFS Working Paper Series, Center for Financial Studies (CFS), number 2005/13.
• Rustem, Berc & Wieland, Volker & Zakovic, Stan, 2005, "Stochastic optimization and worst-case analysis in monetary policy design," CFS Working Paper Series, Center for Financial Studies (CFS), number 2005/14.
• Adam, Klaus & Billi, Roberto M., 2005, "Discretionary monetary policy and the zero lower bound on nominal interest rates," CFS Working Paper Series, Center for Financial Studies (CFS), number 2005/16.
• Aksoy, Yunus & Orphanides, Athanasios & Small, David & Wieland, Volker, 2005, "A quantitative exploration of the opportunistic approach to disinflation," CFS Working Paper Series, Center for Financial Studies (CFS), number 2005/19.
• Weber, Axel A. & Beck, Günter W., 2005, "Price stability, inflation convergence and diversity in EMU: Does one size fit all?," CFS Working Paper Series, Center for Financial Studies (CFS), number 2005/30.
• Weber, Axel A. & Beck, Günter W., 2005, "Inflation rate dispersion and convergence in monetary and economic unions: lessons for the ECB," CFS Working Paper Series, Center for Financial Studies (CFS), number 2005/31.
• Woodford, Michael, 2005, "Robustly optimal monetary policy with near-rational expectations," CFS Working Paper Series, Center for Financial Studies (CFS), number 2007/12.
• Caleiro, António, 2005, "On some of the consequences of being possible to call early elections," EconStor Preprints, ZBW - Leibniz Information Centre for Economics, number 142735.
• Bohl, Martin T. & Siklos, Pierre L., 2005, "The Role of Asset Prices in Euro Area Monetary Policy: Specification and Estimation of Policy Rules and Implications for the European Central Bank," Working Paper Series, European University Viadrina Frankfurt (Oder), The Postgraduate Research Programme Capital Markets and Finance in the Enlarged Europe, number 2005,6.
• Polleit, Thorsten & Gerdesmeier, Dieter, 2005, "Measures of excess liquidity," Frankfurt School - Working Paper Series, Frankfurt School of Finance and Management, number 65.
• Feldkord, Eva-Ulrike, 2005, "On the relevance of monetary aggregates in monetary policy models," HWWA Discussion Papers, Hamburg Institute of International Economics (HWWA), number 317.
• Merkl, Christian & Snower, Dennis J., 2005, "Monetary persistence, imperfect competition, and staggering complementarities," Kiel Working Papers, Kiel Institute for the World Economy, number 1257.
• Schabert, Andreas & Stoltenberg, Christian, 2005, "Money demand and macroeconomic stability revisited," SFB 649 Discussion Papers, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk, number 2005-027.
• Maćkowiak, Bartosz, 2005, "What does the Bank of Japan do to East Asia?," SFB 649 Discussion Papers, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk, number 2005-059.
• Schnabl, Gunther & Danne, Christian, 2005, "The Changing Role of the Yen/Dollar Exchange Rate for Japanese Monetary Policy," Tübinger Diskussionsbeiträge, University of Tübingen, School of Business and Economics, number 290.
• Sell, Friedrich L., 2005, "Zins- und Geldmengensteuerung in der offenen Volkswirtschaft: Eine Referenz an William Poole (und zugleich eine Kritik an der "Neuen Keynesianischen Makroökonomik")," Working Papers in Economics, Bundeswehr University Munich, Economic Research Group, number 2005,2.
• Heinemann, Friedrich & Ullrich, Katrin, 2005, "Does it Pay to Watch Central Bankers' Lips? The Information Content of ECB Wording," ZEW Discussion Papers, ZEW - Leibniz Centre for European Economic Research, number 05-70.
• West, L.k. & Agbola, W.F., 2005, "Causality Links Between Asset Prices And Cash Rate In Australia," International Journal of Applied Econometrics and Quantitative Studies, Euro-American Association of Economic Development, volume 2, issue 3, pages 69-86.
• Arief Ramayandi, 2005, "ASEAN Monetary Cooperation : Issues and Prospects," Finance Working Papers, East Asian Bureau of Economic Research, number 22028, Jan.
• Chantal Dupasquier & Patrick N. Osakwe & Shandre M. Thangavelu, 2005, "Choice of Monetary and Exchange Regimes in ECOWAS : An Optimum Currency Area Analysis," Macroeconomics Working Papers, East Asian Bureau of Economic Research, number 22570, Jan.
• Enrico Tanuwidjaja & Choy Keen Meng, 2005, "Central Bank Credibility and Monetary Policy : Evidence from Small Scale Macroeconomic Model of Indonesia," Macroeconomics Working Papers, East Asian Bureau of Economic Research, number 22576, Jan.
• Sturm, Michael & Siegfried, Nikolaus, 2005, "Regional monetary integration in the member states of the Gulf Cooperation Council," Occasional Paper Series, European Central Bank, number 31, Jun.
• Frank Smets, 2005, "The central banker as a risk manager," Research Bulletin, European Central Bank, volume 2, pages 6-7.
• Brousseau, Vincent & Manzanares, Andrés, 2005, "A look at intraday frictions in the euro area overnight deposit market," Working Paper Series, European Central Bank, number 439, Feb.
• Castrén, Olli, 2005, "Estimating and analysing currency options implied risk-neutral density functions for the largest new EU member states," Working Paper Series, European Central Bank, number 440, Feb.
• Ca' Zorzi, Michele & De Santis, Roberto A. & Zampolli, Fabrizio, 2005, "Welfare implications of joining a common currency," Working Paper Series, European Central Bank, number 445, Feb.
• Robalo Marques, Carlos & Dias, Daniel, 2005, "Using mean reversion as a measure of persistence," Working Paper Series, European Central Bank, number 450, Mar.
• Corvoisier, Sandrine & Mojon, Benoît, 2005, "Breaks in the mean of inflation: how they happen and what to do with them," Working Paper Series, European Central Bank, number 451, Mar.
• Ehrmann, Michael & Fratzscher, Marcel, 2005, "Transparency, disclosure and the federal reserve," Working Paper Series, European Central Bank, number 457, Mar.
• Schabert, Andreas & Stoltenberg, Christian, 2005, "Money demand and macroeconomic stability revisited," Working Paper Series, European Central Bank, number 458, Mar.
• Del Negro, Marco & Schorfheide, Frank, 2005, "Monetary policy analysis with potentially misspecified models," Working Paper Series, European Central Bank, number 475, Apr.
• Svensson, Lars E. O., 2005, "Monetary policy with judgment: forecast targeting," Working Paper Series, European Central Bank, number 476, Apr.
• Walsh, Carl E., 2005, "Parameter misspecification and robust monetary policy rules," Working Paper Series, European Central Bank, number 477, Apr.
• Adalid, Ramón & Coenen, Günter & McAdam, Peter & Siviero, Stefano, 2005, "The performance and robustness of interest-rate rules in models of the euro area," Working Paper Series, European Central Bank, number 479, Apr.
• Wieland, Volker & Kuester, Keith, 2005, "Insurance policies for monetary policy in the euro area," Working Paper Series, European Central Bank, number 480, Apr.
• Schabert, Andreas, 2005, "Money supply and the implementation of interest rate targets," Working Paper Series, European Central Bank, number 483, May.
• Ehrmann, Michael & Fratzscher, Marcel, 2005, "Communication and decision-making by central bank committees: different strategies, same effectiveness?," Working Paper Series, European Central Bank, number 488, May.
• Dixon, Huw & Kara, Engin, 2005, "Persistence and nominal inertia in a generalized Taylor economy: how longer contracts dominate shorter contracts," Working Paper Series, European Central Bank, number 489, May.
• Beyer, Andreas & Farmer, Roger E. A. & Henry, Jérôme & Marcellino, Massimiliano, 2005, "Factor analysis in a New-Keynesian model," Working Paper Series, European Central Bank, number 510, Aug.
• Liu, Zheng & Pappa, Evi, 2005, "Gains from international monetary policy coordination: does it pay to be different?," Working Paper Series, European Central Bank, number 514, Aug.
• Ravenna, Federico, 2005, "The European Monetary Union as a commitment device for new EU member states," Working Paper Series, European Central Bank, number 516, Aug.