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

• 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.
• 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.

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.
• Susanne Soederberg (ed.), 2004, "Neoliberalism In Crisis, Accumulation, And Rosa Luxemburg'S Legacy," RESEARCH IN POLITICAL ECONOMY, Paul Zarembka, number volm21a, ISBN: ARRAY(0x6dd1f7d0).
• Matteo Luciani, 2004, "A VAR Model for the Analysis of the Effects of Monetary Policy in the Euro Area," Rivista di Politica Economica, SIPI Spa, volume 94, issue 6, pages 175-214, November-.
• Giancarlo Marini & Alessandro Piergallini & Barbara Annicchiarico, 2004, "Monetary Policy and Fiscal Rules," CEIS Research Paper, Tor Vergata University, CEIS, number 50, Mar.
• F. De Graeve & O. De Jonghe & R. Vander Vennet, 2004, "Competition, transmission and bank pricing policies: Evidence from Belgian loan and deposit markets," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium, Ghent University, Faculty of Economics and Business Administration, number 04/261, Sep.