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

• Berben, Robert-Paul & Mestre, Ricardo & Mitrakos, Theodoros & Morgan, Julian & Zonzilos, Nikolaos G., 2005, "Inflation persistence in structural macroeconomic models (RG10)," Working Paper Series, European Central Bank, number 521, Sep.
• Fratzscher, Marcel, 2005, "How successful are exchange rate communication and interventions? Evidence from time-series and event-study approaches," Working Paper Series, European Central Bank, number 528, Sep.
• Vähämaa, Sami & Krylova, Elizaveta & Nikkinen, Jussi, 2005, "Cross-dynamics of volatility term structures implied by foreign exchange options," Working Paper Series, European Central Bank, number 530, Sep.
• Schabert, Andreas, 2005, "Discretionary policy, multiple equilibria, and monetary instruments," Working Paper Series, European Central Bank, number 533, Oct.
• Levin, Andrew T. & Moessner, Richhild, 2005, "Inflation persistence and monetary policy design: an overview," Working Paper Series, European Central Bank, number 539, Nov.
• Moessner, Richhild, 2005, "Optimal discretionary policy and uncertainty about inflation persistence," Working Paper Series, European Central Bank, number 540, Nov.
• Mönch, Emanuel, 2005, "Forecasting the yield curve in a data-rich environment: a no-arbitrage factor-augmented VAR approach," Working Paper Series, European Central Bank, number 544, Nov.
• Garnier, Julien & Wilhelmsen, Björn-Roger, 2005, "The natural real interest rate and the output gap in the euro area: a joint estimation," Working Paper Series, European Central Bank, number 546, Nov.
• Sánchez, Marcelo, 2005, "The link between interest rates and exchange rates: do contractionary depreciations make a difference?," Working Paper Series, European Central Bank, number 548, Nov.
• Cassola, Nuno & Ewerhart, Christian & Valla, Natacha, 2005, "Equilibrium and inefficiency in fixed rate tenders," Working Paper Series, European Central Bank, number 554, Nov.
• Evans, George W. & Honkapohja, Seppo & Bullard, James, 2005, "Near-rational exuberance," Working Paper Series, European Central Bank, number 555, Nov.
• Christoffel, Kai & Linzert, Tobias, 2005, "The role of real wage rigidity and labor market frictions for unemployment and inflation dynamics," Working Paper Series, European Central Bank, number 556, Nov.
• Ehrmann, Michael & Fratzscher, Marcel, 2005, "How should central banks communicate?," Working Paper Series, European Central Bank, number 557, Nov.
• Mojon, Benoît, 2005, "When did unsystematic monetary policy have an effect on inflation?," Working Paper Series, European Central Bank, number 559, Dec.
• Ehrmann, Michael & Fratzscher, Marcel, 2005, "The timing of central bank communication," Working Paper Series, European Central Bank, number 565, Dec.
• Sánchez, Marcelo, 2005, "Is time ripe for a currency union in emerging East Asia? The role of monetary stabilisation," Working Paper Series, European Central Bank, number 567, Dec.
• Michael Ehrmann & Marcel Fratzscher, 2005, "Equal Size, Equal Role? Interest Rate Interdependence Between the Euro Area and the United States," Economic Journal, Royal Economic Society, volume 115, issue 506, pages 928-948, October.
• Susan Athey & Andrew Atkeson & Patrick J. Kehoe, 2005, "The Optimal Degree of Discretion in Monetary Policy," Econometrica, Econometric Society, volume 73, issue 5, pages 1431-1475, September.
• Agbeyegbe, Terence D. & Osakwe, Patrick N., 2005, "Real exchange rate volatility and the choice of regimes in emerging markets," Journal of Asian Economics, Elsevier, volume 15, issue 6, pages 1005-1022, January.
• Grimes, Arthur, 2005, "Regional and industry cycles in Australasia: Implications for a common currency," Journal of Asian Economics, Elsevier, volume 16, issue 3, pages 380-397, June.
• Coudert, Virginie & Dubert, Marc, 2005, "Does exchange rate regime explain differences in economic results for Asian countries?," Journal of Asian Economics, Elsevier, volume 16, issue 5, pages 874-895, October.
• Swamy, P.A.V.B. & Tavlas, George S. & Chang, I-Lok, 2005, "How stable are monetary policy rules: estimating the time-varying coefficients in monetary policy reaction function for the US," Computational Statistics & Data Analysis, Elsevier, volume 49, issue 2, pages 575-590, April.
• Moron, Eduardo & Winkelried, Diego, 2005, "Monetary policy rules for financially vulnerable economies," Journal of Development Economics, Elsevier, volume 76, issue 1, pages 23-51, February.
• Kato, Ryo & Nishiyama, Shin-Ichi, 2005, "Optimal monetary policy when interest rates are bounded at zero," Journal of Economic Dynamics and Control, Elsevier, volume 29, issue 1-2, pages 97-133, January.
• Evans, George W. & McGough, Bruce, 2005, "Monetary policy, indeterminacy and learning," Journal of Economic Dynamics and Control, Elsevier, volume 29, issue 11, pages 1809-1840, November.
• Bullard, James & Cho, In-Koo, 2005, "Escapist policy rules," Journal of Economic Dynamics and Control, Elsevier, volume 29, issue 11, pages 1841-1865, November.
• Honkapohja, Seppo & Mitra, Kaushik, 2005, "Performance of inflation targeting based on constant interest rate projections," Journal of Economic Dynamics and Control, Elsevier, volume 29, issue 11, pages 1867-1892, November.
• Cogley, Timothy & Morozov, Sergei & Sargent, Thomas J., 2005, "Bayesian fan charts for U.K. inflation: Forecasting and sources of uncertainty in an evolving monetary system," Journal of Economic Dynamics and Control, Elsevier, volume 29, issue 11, pages 1893-1925, November.
• Orphanides, Athanasios & Williams, John C., 2005, "The decline of activist stabilization policy: Natural rate misperceptions, learning, and expectations," Journal of Economic Dynamics and Control, Elsevier, volume 29, issue 11, pages 1927-1950, November.
• Kozicki, Sharon & Tinsley, P.A., 2005, "Permanent and transitory policy shocks in an empirical macro model with asymmetric information," Journal of Economic Dynamics and Control, Elsevier, volume 29, issue 11, pages 1985-2015, November.
• Kurz, Mordecai & Jin, Hehui & Motolese, Maurizio, 2005, "The role of expectations in economic fluctuations and the efficacy of monetary policy," Journal of Economic Dynamics and Control, Elsevier, volume 29, issue 11, pages 2017-2065, November.
• Honkapohja, Seppo & Mitra, Kaushik, 2005, "Performance of monetary policy with internal central bank forecasting," Journal of Economic Dynamics and Control, Elsevier, volume 29, issue 4, pages 627-658, April.
• Wang, Peng-fei & Wen, Yi, 2005, "Endogenous money or sticky prices?--comment on monetary non-neutrality and inflation dynamics," Journal of Economic Dynamics and Control, Elsevier, volume 29, issue 8, pages 1361-1383, August.
• Moyen, Stephane & Sahuc, Jean-Guillaume, 2005, "Incorporating labour market frictions into an optimising-based monetary policy model," Economic Modelling, Elsevier, volume 22, issue 1, pages 159-186, January.
• Altissimo, Filippo & Gaiotti, Eugenio & Locarno, Alberto, 2005, "Is money informative? Evidence from a large model used for policy analysis," Economic Modelling, Elsevier, volume 22, issue 2, pages 285-304, March.
• Brissimis, Sophocles N. & Magginas, Nicholas S., 2005, "Changes in financial structure and asset price substitutability: A test of the bank lending channel," Economic Modelling, Elsevier, volume 22, issue 5, pages 879-904, September.
• Kontonikas, Alexandros & Ioannidis, Christos, 2005, "Should monetary policy respond to asset price misalignments?," Economic Modelling, Elsevier, volume 22, issue 6, pages 1105-1121, December.
• Gerberding, Christina & Seitz, Franz & Worms, Andreas, 2005, "How the Bundesbank really conducted monetary policy," The North American Journal of Economics and Finance, Elsevier, volume 16, issue 3, pages 277-292, December.
• Kamada, Koichiro, 2005, "Real-time estimation of the output gap in Japan and its usefulness for inflation forecasting and policymaking," The North American Journal of Economics and Finance, Elsevier, volume 16, issue 3, pages 309-332, December.
• Bernhardsen, Tom & Eitrheim, Oyvind & Jore, Anne Sofie & Roisland, Oistein, 2005, "Real-time data for Norway: Challenges for monetary policy," The North American Journal of Economics and Finance, Elsevier, volume 16, issue 3, pages 333-349, December.
• Kugler, Peter & Jordan, Thomas J. & Lenz, Carlos & Savioz, Marcel R., 2005, "GDP data revisions and forward-looking monetary policy in Switzerland," The North American Journal of Economics and Finance, Elsevier, volume 16, issue 3, pages 351-372, December.
• Clark, Todd E. & Kozicki, Sharon, 2005, "Estimating equilibrium real interest rates in real time," The North American Journal of Economics and Finance, Elsevier, volume 16, issue 3, pages 395-413, December.
• Petrucci, Alberto, 2005, "Money, growth and finite horizons," Economics Letters, Elsevier, volume 86, issue 2, pages 259-263, February.
• Evans, George W. & McGough, Bruce, 2005, "Monetary policy and stable indeterminacy with inertia," Economics Letters, Elsevier, volume 87, issue 1, pages 1-7, April.
• Schabert, Andreas, 2005, "Identifying monetary policy shocks with changes in open market operations," European Economic Review, Elsevier, volume 49, issue 3, pages 561-577, April.
• Holden, Steinar, 2005, "Monetary regimes and the co-ordination of wage setting," European Economic Review, Elsevier, volume 49, issue 4, pages 833-843, May.
• Collard, Fabrice & Dellas, Harris, 2005, "Poole in the New Keynesian model," European Economic Review, Elsevier, volume 49, issue 4, pages 887-907, May.
• Coenen, Gunter & Levin, Andrew & Wieland, Volker, 2005, "Data uncertainty and the role of money as an information variable for monetary policy," European Economic Review, Elsevier, volume 49, issue 4, pages 975-1006, May.
• Coenen, Gunter & Wieland, Volker, 2005, "A small estimated euro area model with rational expectations and nominal rigidities," European Economic Review, Elsevier, volume 49, issue 5, pages 1081-1104, July.
• Dedola, Luca & Lippi, Francesco, 2005, "The monetary transmission mechanism: Evidence from the industries of five OECD countries," European Economic Review, Elsevier, volume 49, issue 6, pages 1543-1569, August.
• Sutherland, Alan, 2005, "Incomplete pass-through and the welfare effects of exchange rate variability," Journal of International Economics, Elsevier, volume 65, issue 2, pages 375-399, March.
• Canzoneri, Matthew B. & Cumby, Robert E. & Diba, Behzad T., 2005, "The need for international policy coordination: what's old, what's new, what's yet to come?," Journal of International Economics, Elsevier, volume 66, issue 2, pages 363-384, July.
• Beetsma, Roel M.W.J. & Jensen, Henrik, 2005, "Monetary and fiscal policy interactions in a micro-founded model of a monetary union," Journal of International Economics, Elsevier, volume 67, issue 2, pages 320-352, December.
• Golinelli, Roberto & Rovelli, Riccardo, 2005, "Monetary policy transmission, interest rate rules and inflation targeting in three transition countries," Journal of Banking & Finance, Elsevier, volume 29, issue 1, pages 183-201, January.
• Esanov, Akram & Merkl, Christian & Vinhas de Souza, Lucio, 2005, "Monetary policy rules for Russia," Journal of Comparative Economics, Elsevier, volume 33, issue 3, pages 484-499, September.
• Vahamaa, Sami, 2005, "Option-implied asymmetries in bond market expectations around monetary policy actions of the ECB," Journal of Economics and Business, Elsevier, volume 57, issue 1, pages 23-38.
• Benhabib, Jess & Eusepi, Stefano, 2005, "The design of monetary and fiscal policy: A global perspective," Journal of Economic Theory, Elsevier, volume 123, issue 1, pages 40-73, July.
• Ioannidou, Vasso P., 2005, "Does monetary policy affect the central bank's role in bank supervision?," Journal of Financial Intermediation, Elsevier, volume 14, issue 1, pages 58-85, January.
• Clausen, Volker & Wohltmann, Hans-Werner, 2005, "Monetary and fiscal policy dynamics in an asymmetric monetary union," Journal of International Money and Finance, Elsevier, volume 24, issue 1, pages 139-167, February.
• Caporale, Guglielmo Maria & Cipollini, Andrea & Demetriades, Panicos O., 2005, "Monetary policy and the exchange rate during the Asian crisis: identification through heteroscedasticity," Journal of International Money and Finance, Elsevier, volume 24, issue 1, pages 39-53, February.
• Ehrmann, Michael & Fratzscher, Marcel, 2005, "Exchange rates and fundamentals: new evidence from real-time data," Journal of International Money and Finance, Elsevier, volume 24, issue 2, pages 317-341, March.
• Leitemo, Kai & Soderstrom, Ulf, 2005, "Simple monetary policy rules and exchange rate uncertainty," Journal of International Money and Finance, Elsevier, volume 24, issue 3, pages 481-507, April.

2004

• Vidya Mahambare & Naveen Srinivasan, 2004, "Monetary Policy Framework of the Bank of England and the European Central Bank: Some Useful Insights," Indian Economic Review, Department of Economics, Delhi School of Economics, volume 39, issue 2, pages 371-381, July.
• Marta Muço & Peter Sanfey, 2004, "Inflation, exchange rates and the role of monetary policy in Albania," Working Papers, European Bank for Reconstruction and Development, Office of the Chief Economist, number 88, Sep.
• Trigari, Antonella, 2004, "Equilibrium unemployment, job flows and inflation dynamics," Working Paper Series, European Central Bank, number 304, Feb.
• Morana, Claudio, 2004, "A structural common factor approach to core inflation estimation and forecasting," Working Paper Series, European Central Bank, number 305, Feb.
• Sousa, João & Zaghini, Andrea, 2004, "Monetary policy shocks in the euro area and global liquidity spillovers," Working Paper Series, European Central Bank, number 309, Feb.
• Vähämaa, Sami, 2004, "Option-implied asymmetries in bond market expectations around monetary policy actions of the ECB," Working Paper Series, European Central Bank, number 315, Mar.
• Beyer, Andreas & Farmer, Roger E. A., 2004, "On the indeterminacy of new-Keynesian economics," Working Paper Series, European Central Bank, number 323, Mar.
• Christiano, Lawrence & Motto, Roberto & Rostagno, Massimo, 2004, "The Great Depression and the Friedman-Schwartz hypothesis," Working Paper Series, European Central Bank, number 326, Mar.
• Fischer, Björn & Köhler-Ulbrich, Petra & Seitz, Franz, 2004, "The demand for euro area currencies: past, present and future," Working Paper Series, European Central Bank, number 330, Apr.
• O'Reilly, Gerard & Whelan, Karl, 2004, "Has euro-area inflation persistence changed over time?," Working Paper Series, European Central Bank, number 335, Apr.
• Collard, Fabrice & Dellas, Harris, 2004, "The great inflation of the 1970s," Working Paper Series, European Central Bank, number 336, Apr.
• Orphanides, Athanasios & Williams, John C., 2004, "The decline of activist stabilization policy: natural rate misperceptions, learning, and expectations," Working Paper Series, European Central Bank, number 337, Apr.
• Athey, Susan & Atkeson, Andrew & Kehoe, Patrick J., 2004, "The optimal degree of discretion in monetary policy," Working Paper Series, European Central Bank, number 338, Apr.
• Batini, Nicoletta & Levine, Paul & Pearlman, Joseph G., 2004, "Indeterminacy with inflation-forecast-based rules in a two-bloc model," Working Paper Series, European Central Bank, number 340, Apr.
• Bayoumi, Tamim & Laxton, Douglas & Pesenti, Paolo, 2004, "Benefits and spillovers of greater competition in Europe: a macroeconomic assessment," Working Paper Series, European Central Bank, number 341, Apr.
• Ehrmann, Michael & Fratzscher, Marcel, 2004, "Equal size, equal role? Interdependence between the euro area and the United States," Working Paper Series, European Central Bank, number 342, Apr.
• Faia, Ester & Monacelli, Tommaso, 2004, "Ramsey monetary policy and international relative prices," Working Paper Series, European Central Bank, number 344, Apr.
• Benigno, Pierpaolo & Woodford, Michael, 2004, "Optimal monetary and fiscal policy: a linear-quadratic approach," Working Paper Series, European Central Bank, number 345, Apr.
• Coenen, Günter & Wieland, Volker, 2004, "Exchange-rate policy and the zero bound on nominal interest rates," Working Paper Series, European Central Bank, number 350, Apr.
• Gaspar, Ví­tor & Pérez Quirós, Gabriel & Rodríguez Mendizábal, Hugo, 2004, "Interest rate determination in the interbank market," Working Paper Series, European Central Bank, number 351, Apr.
• Ehrmann, Michael & Fratzscher, Marcel, 2004, "Taking stock: monetary policy transmission to equity markets," Working Paper Series, European Central Bank, number 354, May.
• Linzert, Tobias & Nautz, Dieter & Bindseil, Ulrich, 2004, "The longer term refinancing operations of the ECB," Working Paper Series, European Central Bank, number 359, May.
• Bindseil, Ulrich & Camba-Méndez, Gonzalo & Hirsch, Astrid & Weller, Benedict, 2004, "Excess reserves and implementation of monetary policy of the ECB," Working Paper Series, European Central Bank, number 361, May.
• Detken, Carsten & Smets, Frank, 2004, "Asset price booms and monetary policy," Working Paper Series, European Central Bank, number 364, May.
• Ehrmann, Michael & Fratzscher, Marcel, 2004, "Exchange rates and fundamentals: new evidence from real-time data," Working Paper Series, European Central Bank, number 365, Jun.
• Robalo Marques, Carlos, 2004, "Inflation persistence: facts or artefacts?," Working Paper Series, European Central Bank, number 371, Jun.
• Bindseil, Ulrich, 2004, "The operational target of monetary policy and the rise and fall of reserve position doctrine," Working Paper Series, European Central Bank, number 372, Jun.
• Adam, Klaus & Billi, Roberto M., 2004, "Optimal monetary policy under commitment with a zero bound on nominal interest rates," Working Paper Series, European Central Bank, number 377, Jul.
• Cassola, Nuno & Ejerskov, Steen & Ewerhart, Christian & Valla, Natacha, 2004, "Liquidity, information, and the overnight rate," Working Paper Series, European Central Bank, number 378, Jul.
• Adam, Klaus & Billi, Roberto M., 2004, "Optimal monetary policy under discretion with a zero bound on nominal interest rates," Working Paper Series, European Central Bank, number 380, Aug.
• Levin, Andrew T. & Piger, Jeremy M. & Natalucci, Fabio M., 2004, "Explicit inflation objectives and macroeconomic outcomes," Working Paper Series, European Central Bank, number 383, Aug.
• Angeloni, Ignazio & Ehrmann, Michael, 2004, "Euro area inflation differentials," Working Paper Series, European Central Bank, number 388, Sep.
• Moschitz, Julius, 2004, "The determinants of the overnight interest rate in the euro area," Working Paper Series, European Central Bank, number 393, Sep.
• Cassola, Nuno & Ejerskov, Steen & Ewerhart, Christian & Valla, Natacha, 2004, "Sporadic manipulation in money markets with central bank standing facilities," Working Paper Series, European Central Bank, number 399, Oct.
• Morgan, Julian & Locarno, Alberto & Vallés, Javier & Berben, Robert-Paul, 2004, "Cross-country differences in monetary policy transmission," Working Paper Series, European Central Bank, number 400, Oct.
• Gadzinski, Gregory & Orlandi, Fabrice, 2004, "Inflation persistence in the European Union, the euro area, and the United States," Working Paper Series, European Central Bank, number 414, Nov.
• Levin, Andrew T. & Coenen, Günter, 2004, "Identifying the influences of nominal and real rigidities in aggregate price-setting behavior," Working Paper Series, European Central Bank, number 418, Nov.
• Richard Mash & Cameron Hepburn & Dieter Helm, 2004, "Time-Inconsistent Environmental Policy And Optimal Delegation," Royal Economic Society Annual Conference 2004, Royal Economic Society, number 14, Sep.
• Richard Dennis, 2004, "New Keynesian Optimal-Policy Models: An Empirical Assessment," Royal Economic Society Annual Conference 2004, Royal Economic Society, number 152, Sep.
• Mathan Satchi & Tatiana Kirsanova & David Vines, 2004, "Monetary Union: Fiscal Stabilisation In The Face Of Asymmetric Shocks," Royal Economic Society Annual Conference 2004, Royal Economic Society, number 153, Sep.
• Ibrahim Chowdhury & Mathias Hoffmann & Andreas Schabert, 2004, "Inflation Dynamics And The Cost Channel Of Monetary Transmission," Royal Economic Society Annual Conference 2004, Royal Economic Society, number 80, Sep.
• Wang, Peng-fei & Wen, Yi, 2004, "Endogenous Money or Sticky Price? Comment on Monetary Non-neutrality and Inflation Dynamics," Working Papers, Cornell University, Center for Analytic Economics, number 04-08, May.
• Dominick Stephens, 2004, "The exchange rate - how should we respond? A new-Keynesian modelling exercise," Econometric Society 2004 Australasian Meetings, Econometric Society, number 163, Aug.
• Radhika Lahiri, 2004, "Liquidity Effects, Variable Time Preference, and Optimal Monetary Policy," Econometric Society 2004 Australasian Meetings, Econometric Society, number 204, Aug.
• Kirdan Lees, 2004, "Uncertainty and the open economy: a view through two different lenses," Econometric Society 2004 Australasian Meetings, Econometric Society, number 235, Aug.
• Mala Valliammai Raghavan, 2004, "The Changing Malaysian Financial Environment and the Effects on Its Monetary Policy Transmission Mechanism," Econometric Society 2004 Australasian Meetings, Econometric Society, number 239, Aug.
• Rodrigo Caputo, 2004, "External Shocks and Monetary Policy: Does it Pay to Respond to Exchange Rate Deviations?," Econometric Society 2004 Australasian Meetings, Econometric Society, number 300, Aug.
• Kenneth Hightower & Taner M. Yigit, 2004, "Effect of Moments on Aggregation and Long Memory in Inflation," Econometric Society 2004 Australasian Meetings, Econometric Society, number 72, Aug.
• Paolucci Frank, 2004, "Monetary Policy and Capital Accumulation Processes :How did the FED react to the Transition Phases ?," Econometric Society 2004 Australasian Meetings, Econometric Society, number 8, Aug.
• Timothy Kam, 2004, "Two-sided Learning and Optimal Open Economy Monetary Policy," Econometric Society 2004 Australasian Meetings, Econometric Society, number 81, Aug.
• Silvia Sgherri & Tamim Bayoumi, 2004, "Monetary Magic? How the Fed Improved the Supply Side of the Economy," Econometric Society 2004 Far Eastern Meetings, Econometric Society, number 422, Aug.
• Shu Wu & Shigeru Iwata, 2004, "Estimating Monetary Policy Effects When Interest Rates are Bounded at Zero," Econometric Society 2004 Far Eastern Meetings, Econometric Society, number 478, Aug.
• Paul D. McNelis & Guay C. Lim, 2004, "Inflation Targeting and Q Volatility in Small Open Economies," Econometric Society 2004 Far Eastern Meetings, Econometric Society, number 505, Aug.
• Shin-Ichi Nishiyama, 2004, "Inflation Target as a Buffer against Liquidity Trap," Econometric Society 2004 Far Eastern Meetings, Econometric Society, number 568, Aug.
• Hibiki Ichiue, 2004, "Why Can the Yield Curve Predict Output Growth, Inflation, and Interest Rates? An Analysis with Affine Term Structure Model," Econometric Society 2004 Far Eastern Meetings, Econometric Society, number 581, Aug.
• Nathan McLellan & Robert A Buckle & Kunhong Kim, 2004, "The impact of monetary policy on New Zealand business cycles and inflation variability," Econometric Society 2004 Far Eastern Meetings, Econometric Society, number 594, Aug.
• Matthias Paustian, 2004, "Welfare Effects of Monetary Policy Rules in a Model with Nominal Rigidities and Credit Market Frictions," Econometric Society 2004 Far Eastern Meetings, Econometric Society, number 597, Aug.
• Takayuki Tsuruga, 2004, "Hump-shaped Behavior of Inflation and Dynamic Externality," Econometric Society 2004 Far Eastern Meetings, Econometric Society, number 614, Aug.
• Andy Levin & Jinill Kim, 2004, "Conditional Welfare Comparisons of Monetary Policy Rules," Econometric Society 2004 Far Eastern Meetings, Econometric Society, number 667, Aug.
• Naoyuki Yoshino & James R. Rhodes, 2004, "Japan's Monetary Policy Transition, 1955-2004," Econometric Society 2004 Far Eastern Meetings, Econometric Society, number 725, Aug.
• Chetan Subramanian & Jungsoo Park, 2004, "Exchange Rate Based Stabilization with Sudden Restrictions on Capital Flows," Econometric Society 2004 Far Eastern Meetings, Econometric Society, number 748, Aug.
• Robert Tchaidze & Alina Carare, 2004, "The Use and Abuse of Taylor Rules: How precisely can we estimate them?," Econometric Society 2004 Latin American Meetings, Econometric Society, number 132, Aug.
• Raimundo Soto & Ibrahim Elbadawi, 2004, "Modeling Equilibrium Real Exchange Rates," Econometric Society 2004 Latin American Meetings, Econometric Society, number 187, Aug.
• Juan Pablo Medina & Ruy Lama, 2004, "Simple Monetary Policy Rules for Developing Countries," Econometric Society 2004 Latin American Meetings, Econometric Society, number 248, Aug.
• Juan F. Castro, 2004, "On the Reasons Behind Fear of Floating: Pass-through Effects vs. Contractionary Depreciations," Econometric Society 2004 Latin American Meetings, Econometric Society, number 268, Aug.
• Rodrigo Caputo, 2004, "Exchange Rates, Inflation and Monetary Policy Objectives in Open Economies: The Experience of Chile," Econometric Society 2004 Latin American Meetings, Econometric Society, number 298, Aug.
• Ugo Panizza & Ana Maria Loboguerrero, 2004, "Inflation and Labor Market Flexibility: The Squeaky Wheel Gets the Grease," Econometric Society 2004 Latin American Meetings, Econometric Society, number 3, Aug.
• Nanno Mulder & Anne-Laure Baldi, 2004, "The Impact of Exchange Rate Regimes on Real Exchange Rates: ABC and Mexico in the 1990s," Econometric Society 2004 Latin American Meetings, Econometric Society, number 45, Aug.
• R. Velazquez & A.E. Noriega & L.M. Soria, 2004, "International Evidence on Monetary Neutrality Under Broken Trend Stationary Models," Econometric Society 2004 Latin American Meetings, Econometric Society, number 57, Aug.
• Diego Winkelried & Marco Vega, 2004, "How Does Global Disinflation Drag Inflation in Small Open Economies?," Econometric Society 2004 Latin American Meetings, Econometric Society, number 76, Aug.
• Paolo Surico, 2004, "Inflation Targeting and Nonlinear Policy Rules: the Case of Asymmetric Preferences," Econometric Society 2004 Latin American Meetings, Econometric Society, number 8, Aug.
• Marco Airaudo & Luis-Felipe Zanna, 2004, "Endogenous Fluctuations in Open Economies: the Perils of Taylor Rules Revisited," Econometric Society 2004 Latin American Meetings, Econometric Society, number 80, Aug.
• Carlos Viana de Carvalho, 2004, "The Effects of Heterogeneity in Price Setting on Price and Inflation Inertia," Econometric Society 2004 Latin American Meetings, Econometric Society, number 9, Aug.
• Giuseppe Ferrero, 2004, "Monetary Policy and the Transition to Rational Expectations," Econometric Society 2004 North American Summer Meetings, Econometric Society, number 101, Aug.
• Peter Tillmann, 2004, "Cointegration and Regime-Switching Risk Premia in the US Term Structure of Interest Rates," Econometric Society 2004 North American Summer Meetings, Econometric Society, number 26, Aug.
• David M. Arseneau, 2004, "Optimal Inflation in an Open Economy," Econometric Society 2004 North American Summer Meetings, Econometric Society, number 279, Aug.
• Andrea Tambalotti & Ernst Schaumburg, 2004, "An Investigation of the Gains from Commitment in Monetary Policy," Econometric Society 2004 North American Summer Meetings, Econometric Society, number 282, Aug.
• Athena T. Theodorou & Neville R. Francis & Michael T. Owyang, 2004, "What Explains the Varying Monetary Response to Technology SHocks in G7-Countries," Econometric Society 2004 North American Summer Meetings, Econometric Society, number 444, Aug.
• Bedri Kamil Onur Tas, 2004, "Asymmetric Information, Stock Returns and Monetary Policy: A Theoretical and Empirical Analysis," Econometric Society 2004 North American Summer Meetings, Econometric Society, number 490, Aug.
• Andrew B. Whinston & Paula Hernandez-Verme & Haibo Huang, 2004, "Private Electronic Money, Fiat Money and the Payments System," Econometric Society 2004 North American Summer Meetings, Econometric Society, number 503, Aug.
• Alexandre Cunha, 2004, "The Friedman Rule in a Two Sector Small Open Economy," Econometric Society 2004 North American Summer Meetings, Econometric Society, number 530, Aug.
• Alessandro Rebucci, 2004, "Monetary Rules for Emerging Market Economies," Econometric Society 2004 North American Summer Meetings, Econometric Society, number 644, Aug.
• Mewael Tesfaselassie & Eric Schaling & Sylvester Eijffinger, 2004, "Heterogeneous Information about the Term Structure of Interest Rates, Least-Squares Learning and Optimal Interest Rate Rules for Inflation Forecast Targeting," Econometric Society 2004 North American Summer Meetings, Econometric Society, number 78, Aug.
• Klaus Adam, 2004, "Optimal Monetary Policy with Imperfect Common Knowledge," Econometric Society 2004 North American Winter Meetings, Econometric Society, number 24, Aug.
• Ester Faia & Christian Haefke, 2004, "Monetary Policy and Labor Market Institutions," Econometric Society 2004 North American Winter Meetings, Econometric Society, number 298, Aug.
• Guillermo J. Vuletin, 2004, "Exchange Rate Regimes And Fiscal Performance. Do Fixed Exchange Rate Regimes Generate More Discipline Than Flexible Ones?," Econometric Society 2004 North American Winter Meetings, Econometric Society, number 474, Aug.
• Hyun Song Shin & Jeffery D. Amato, 2004, "Public and Private Information in Monetary Policy Models," Econometric Society 2004 North American Winter Meetings, Econometric Society, number 59, Aug.
• Reimo Juks, 2004, "The importance of the bank-lending channel in Estonia: evidence from micro-economic data," Bank of Estonia Working Papers, Bank of Estonia, number 2004-6, Nov, revised 11 Nov 2004.
• Giordani, Paolo & Soderlind, Paul, 2004, "Solution of macromodels with Hansen-Sargent robust policies: some extensions," Journal of Economic Dynamics and Control, Elsevier, volume 28, issue 12, pages 2367-2397, December.
• Svensson, Lars E. O. & Woodford, Michael, 2004, "Indicator variables for optimal policy under asymmetric information," Journal of Economic Dynamics and Control, Elsevier, volume 28, issue 4, pages 661-690, January.
• Weymark, Diana N., 2004, "Economic structure, policy objectives, and optimal interest rate policy at low inflation rates," The North American Journal of Economics and Finance, Elsevier, volume 15, issue 1, pages 25-51, March.
• Kuttner, Kenneth N. & Posen, Adam S., 2004, "The difficulty of discerning what's too tight: Taylor rules and Japanese monetary policy," The North American Journal of Economics and Finance, Elsevier, volume 15, issue 1, pages 53-74, March.
• Chadha, Jagjit S. & Nolan, Charles, 2004, "Interest rate bounds and fiscal policy," Economics Letters, Elsevier, volume 84, issue 1, pages 9-15, July.
• Hughes Hallett, Andrew & Weymark, Diana N., 2004, "Independent monetary policies and social equity," Economics Letters, Elsevier, volume 85, issue 1, pages 103-110, October.
• Vlaar, Peter J. G., 2004, "Shocking the eurozone," European Economic Review, Elsevier, volume 48, issue 1, pages 109-131, February.
• Gabillon, Emmanuelle & Martimort, David, 2004, "The benefits of central bank's political independence," European Economic Review, Elsevier, volume 48, issue 2, pages 353-378, April.
• Monacelli, Tommaso, 2004, "Into the Mussa puzzle: monetary policy regimes and the real exchange rate in a small open economy," Journal of International Economics, Elsevier, volume 62, issue 1, pages 191-217, January.
• Benigno, Pierpaolo, 2004, "Optimal monetary policy in a currency area," Journal of International Economics, Elsevier, volume 63, issue 2, pages 293-320, July.
• Schmitt-Grohe, Stephanie & Uribe, Martin, 2004, "Optimal fiscal and monetary policy under sticky prices," Journal of Economic Theory, Elsevier, volume 114, issue 2, pages 198-230, February.
• Lebre de Freitas, M., 2004, "The dynamics of inflation and currency substitution in a small open economy," Journal of International Money and Finance, Elsevier, volume 23, issue 1, pages 133-142, February.
• Paolo Surico, 2004, "Inflation Targeting and Nonlinear Policy Rules: the Case of Asymmetric Preferences," Computing in Economics and Finance 2004, Society for Computational Economics, number 108, Aug.
• Nicoletta Batini & Ryan Banerjee, 2004, "Inflation Dynamics in Seven Industrialised Open Economies," Computing in Economics and Finance 2004, Society for Computational Economics, number 116, Aug.
• Kaushik Mitra & Seppo Honkapohja, 2004, "Performance of Inflation Targeting Based on constant Interest Rate Projections," Computing in Economics and Finance 2004, Society for Computational Economics, number 130, Aug.
• Bruce McGough & George Evans, 2004, "Optimal Constrained Interest Rate Rules," Computing in Economics and Finance 2004, Society for Computational Economics, number 134, Aug.
• Bruce McGough & William A. Branch & John Carlson, 2004, "Monetary Policy, Endogenous Inattention, and the Output-Inflation Variance Tradeoff," Computing in Economics and Finance 2004, Society for Computational Economics, number 136, Aug.
• John C. Williams & Athanasios Orphanides, 2004, "The Decline of Activist Stabilization Policy: Natural Rate Misperceptions, Learning, and Expectations," Computing in Economics and Finance 2004, Society for Computational Economics, number 144, Aug.
• P.A. Tinsley & Sharon Kozicki, 2004, "Permanent and Transitory Policy Shocks in an Empirical Macro Model with Asymmetric Information," Computing in Economics and Finance 2004, Society for Computational Economics, number 146, Aug.
• Massimiliano Marzo & Thomas A. Lubik, 2004, "Monetary Policy, Fiscal Policy and Automatic Stabilizers: Welfare and Macroeconomic Stability," Computing in Economics and Finance 2004, Society for Computational Economics, number 170, Aug.
• Stefano Eusepi, 2004, "Does Central Bank Transparency Matter for Economic Stability," Computing in Economics and Finance 2004, Society for Computational Economics, number 176, Aug.
• Marco Lyrio & Hans Dewachter, 2004, "Filtering Long-Run Inflation Expectations with a Structural Macro Model of the Yield Curve," Computing in Economics and Finance 2004, Society for Computational Economics, number 188, Aug.
• Michael Gail, 2004, "Habit Persistence in Consumption in a Sticky Price Model of the Business Cycle," Computing in Economics and Finance 2004, Society for Computational Economics, number 189, Aug.
• Giuseppe Ferrero, 2004, "Monetary policy and the transition to rational expectations," Computing in Economics and Finance 2004, Society for Computational Economics, number 19, Aug.
• Ferhat MIHOUBI & Pascal JACQUINOT, 2004, "The Optimality of the US and Euro Area Taylor Rule," Computing in Economics and Finance 2004, Society for Computational Economics, number 220, Aug.
• Andrew Levin & Eric Swanson, 2004, "Optimal Monetary Policy in an Imperfect World," Computing in Economics and Finance 2004, Society for Computational Economics, number 235, Aug.
• Andy Levin & Jinill Kim, 2004, "Conditional Welfare Comparisons of Monetary Policy Rules," Computing in Economics and Finance 2004, Society for Computational Economics, number 252, Aug.
• Paul McNelis & Guay Lim, 2004, "Inflation Targeting and Q Volatility in Small Open Economies," Computing in Economics and Finance 2004, Society for Computational Economics, number 254, Aug.
• R. Velazquez & Noriega & A., 2004, "International evidence on monetary neutrality under broken trend stationary models," Computing in Economics and Finance 2004, Society for Computational Economics, number 282, Aug.
• Simon van Norden, 2004, "How Precise are Our Estimates of the Current Output Gap? New Evidence from Multivariate Estimates for the Euro-Zone," Computing in Economics and Finance 2004, Society for Computational Economics, number 299, Aug.
• Ulf Soderstrom & Tore Ellingsen, 2004, "Why are long rates sensitive to monetary policy?," Computing in Economics and Finance 2004, Society for Computational Economics, number 31, Aug.
• Hess Chung & Troy Davig & Eric Leeper, 2004, "Monetary and Fiscal Policy Switching," Computing in Economics and Finance 2004, Society for Computational Economics, number 325, Aug.
• Nicoletta Batini & Paul Levine, 2004, "Robust Control Rules to Shield Against Indeterminacy," Computing in Economics and Finance 2004, Society for Computational Economics, number 339, Aug.
• Efrem Castelnuovo, 2004, "Regime Shifts and the Stability of Backward Looking Phillips Curves in Open Economies," Computing in Economics and Finance 2004, Society for Computational Economics, number 49, Aug.
• PeterTillmann, 2004, "Cointegration and Regime-Switching Risk Premia in the U.S. Term Structure of Interest Rates," Computing in Economics and Finance 2004, Society for Computational Economics, number 53, Aug.
• Volker Wieland (Goethe University Frankfurt) & Günter Coenen (European Central Bank), 2004, "Exchange Rate Policy and the Zero Bound on Nominal Interest Rates," Computing in Economics and Finance 2004, Society for Computational Economics, number 65, Aug.
• D. Vestin & Hordahl & P., 2004, "Monetary policy and the expectations hypothesis," Computing in Economics and Finance 2004, Society for Computational Economics, number 70, Aug.
• Harris Dellas & Fabrice Collard, 2004, "Inflation targeting," Computing in Economics and Finance 2004, Society for Computational Economics, number 97, Aug.
• Marek Jarocinski, 2004, "Responses to Monetary Policy Shocks in the East and the West of Europe: A Comparison," CASE Network Studies and Analyses, CASE-Center for Social and Economic Research, number 0287.
• Peter Kugler & Thomas J. Jordan, 2004, "Structural Vector Autoregressions and the Analysis of Monetary Policy Interventions: The Swiss Case," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), volume 140, issue I, pages 67-87, March.
• Thomas J. Jordan & Peter Kugler, 2004, "Implementing Swiss Monetary Policy: Steering the 3M-Libor with Repo Transactions," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), volume 140, issue III, pages 381-393, September.
• Ulrike Neyer & Jürgen Wiemers, 2004, "The Influence of a Heterogeneous Banking Sector on the Interbank Market Rate in the Euro Area," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), volume 140, issue III, pages 395-428, September.
• Michael Gail, 2004, "Sticky Wages in a Stochastic DGE Model of the Business Cycle," Volkswirtschaftliche Diskussionsbeiträge, Universität Siegen, Fakultät Wirtschaftswissenschaften, Wirtschaftsinformatik und Wirtschaftsrecht, number 114-04, Apr.
• Ming-fu Shaw & Shu-hua Chen & Ching-chong Lai & Juin-jen Chang, 2004, "Interest Rate Rules, Target Policies, and Endogenous Economic Growth in an Open Economy," IEAS Working Paper : academic research, Institute of Economics, Academia Sinica, Taipei, Taiwan, number 04-A004, Feb.
• Andrew Sharpe, 2004, "Editor’s Overview," International Productivity Monitor, Centre for the Study of Living Standards, volume 8, pages 1-2, Spring.
• Gilbert Cette & Christian Pfister, 2004, "Challenges of the “New Economy” for Monetary Policy," International Productivity Monitor, Centre for the Study of Living Standards, volume 8, pages 27-36, Spring.
• Samuel Reynard, 2004, "Financial Market Participation and the Apparent Instability of Money Demand," Working Papers, Swiss National Bank, number 2004-01.
• Oliver Holtemöller, 2004, "A monetary vector error correction model of the Euro area and implications for monetary policy," Empirical Economics, Springer, volume 29, issue 3, pages 553-574, September, DOI: 10.1007/s00181-004-0198-4.
• Adrienne Kearney & Raymond Lombra, 2004, "Stock market volatility, the news, and monetary policy," Journal of Economics and Finance, Springer;Academy of Economics and Finance, volume 28, issue 2, pages 252-259, June, DOI: 10.1007/BF02761615.