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

2004

• Mr. Tamim Bayoumi & Ms. Silvia Sgherri, 2004, "Monetary Magic? How the Fed Improved the Flexibility of the U.S. Economy," IMF Working Papers, International Monetary Fund, number 2004/024, Feb.
• Mr. Olivier D Jeanne & Mr. Lars E. O. Svensson, 2004, "Credible Commitment to Optimal Escape from a Liquidity Trap: The Role of the Balance Sheet of an Independent Central Bank," IMF Working Papers, International Monetary Fund, number 2004/162, Sep.
• Ansgar Belke & Kai Geisslreither & Daniel Gros, 2004, "On the Relationship Between Exchange Rates and Interest Rates: Evidence from the Southern Cone," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., volume 41, issue 122, pages 35-64.
• Bhattacharya, Joydeep & Haslag, Joseph & Martin, Antoine, 2004, "Heterogeneity, Redistribution, and the Friedman Rule," Staff General Research Papers Archive, Iowa State University, Department of Economics, number 11371, Feb.
• Doyle, Matthew & Falk, Barry L., 2004, "Testing Commitment Models of Monetary Policy: Evidence from OECD Economies," Staff General Research Papers Archive, Iowa State University, Department of Economics, number 11995, Jul.
• Bhattacharya, Joydeep & Haslag, Joseph H. & Martin, Antoine, 2004, "Heterogeneity, redistribution, and the Friedman rule," ISU General Staff Papers, Iowa State University, Department of Economics, number 200402090800001190, Feb.
• Fehr, Ernst & Tyran, Jean-Robert, 2004, "Money Illusion and Coordination Failure," IZA Discussion Papers, IZA Network @ LISER, number 1013, Feb.
• Reza Siregar, 2004, "Interest Rate Spreads and Mandatory Credit Allocations: Implications on Banks Loans to Small Businesses in Indonesia," Centre for International Economic Studies Working Papers, University of Adelaide, Centre for International Economic Studies, number 2004-02, Jan.
• Alan J. Auerbach & Maurice Obstfeld, 2004, "Monetary and Fiscal Remedies for Deflation," American Economic Review, American Economic Association, volume 94, issue 2, pages 71-75, May, DOI: 10.1257/0002828041301948.
• Günter Coenen & Volker W. Wieland, 2004, "Exchange-Rate Policy and the Zero Bound on Nominal Interest Rates," American Economic Review, American Economic Association, volume 94, issue 2, pages 80-84, May, DOI: 10.1257/0002828041302226.
• Andrew Atkeson & Patrick J. Kehoe, 2004, "Deflation and Depression: Is There an Empirical Link?," American Economic Review, American Economic Association, volume 94, issue 2, pages 99-103, May, DOI: 10.1257/0002828041301588.
• Christina D. Romer & David H. Romer, 2004, "A New Measure of Monetary Shocks: Derivation and Implications," American Economic Review, American Economic Association, volume 94, issue 4, pages 1055-1084, September, DOI: 10.1257/0002828042002651.
• Christina D. Romer & David H. Romer, 2004, "Choosing the Federal Reserve Chair: Lessons from History," Journal of Economic Perspectives, American Economic Association, volume 18, issue 1, pages 129-162, Winter.
• Christiano Arrigoni Coelho & Julio Cesar Costa Pinto, 2004, "Modelagem do comportamento ótimo dos bancos no mercado de reservas brasileiro," Economia, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics], volume 5, issue 3, pages 155-181.
• Robson Rodrigues Pereira, 2004, "Comunicação Em Política Monetária," Anais do XXXII Encontro Nacional de Economia [Proceedings of the 32nd Brazilian Economics Meeting], ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics], number 029.
• José Franco Medeiros de Morais & Joaquim Pinto de Andrade & Maria Luiza Falcão Silva, 2004, "Política Monetária Ótima Em Um Contexto De Elevada Dívida Pública: O Caso Do Brasil," Anais do XXXII Encontro Nacional de Economia [Proceedings of the 32nd Brazilian Economics Meeting], ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics], number 030.
• Cleomar Gomes & Otávio Aidar, 2004, "Metas Inflacionárias, Preços Livres E Administrados No Brasil: Uma Análise Econométrica," Anais do XXXII Encontro Nacional de Economia [Proceedings of the 32nd Brazilian Economics Meeting], ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics], number 031.
• Christiano Arrigoni Coelho & Julio Cesar Costa Pinto, 2004, "Modelagem Do Comportamento Ótimo Dos Bancos No Mercado De Reservas Brasileiro," Anais do XXXII Encontro Nacional de Economia [Proceedings of the 32nd Brazilian Economics Meeting], ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics], number 032.
• Mariana Lopes & Erica Domingos, 2004, "Composição Ótima Para A Dívida Pública: Uma Análise Macro-Estrutural," Anais do XXXII Encontro Nacional de Economia [Proceedings of the 32nd Brazilian Economics Meeting], ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics], number 036.
• Carlos Hamilton Vasconcelos Araujo & Marta Baltar Moreira Areosa & Osmani Teixera de Carvalho Guillén, 2004, "Estimating Potential Output And The Output Gap For Brazil," Anais do XXXII Encontro Nacional de Economia [Proceedings of the 32nd Brazilian Economics Meeting], ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics], number 041.
• Carlos Fernando Lagrota R. Lopes, 2004, "Monetary Policy And External Vulnerability In Brazil," Anais do XXXII Encontro Nacional de Economia [Proceedings of the 32nd Brazilian Economics Meeting], ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics], number 071.
• Eduardo Augusto de Souza Rodrigues & Tony Takeda, 2004, "Recolhimentos Compulsórios E Distribuição Das Taxas De Empréstimos Bancários No Brasil," Anais do XXXII Encontro Nacional de Economia [Proceedings of the 32nd Brazilian Economics Meeting], ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics], number 095.
• Vitor Gaspar & Gabriel Pérez Quir? & Hugo Rodr?uez Mendiz?al, 2004, "Interest Rate Determination in the Interbank Market," UFAE and IAE Working Papers, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC), number 603.04, Feb.
• Nikolay Nenovsky, 2004, "Elements of Hayeks Monetary Theory," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 3, pages 84-88.
• Céline Gauthier & Christopher Graham & Ying Liu, 2004, "Financial Conditions Indexes for Canada," Staff Working Papers, Bank of Canada, number 04-22, DOI: 10.34989/swp-2004-22.
• Jean-Paul Lam & Florian Pelgrin, 2004, "The Implications of Transmission and Information Lags for the Stabilization Bias and Optimal Delegation," Staff Working Papers, Bank of Canada, number 04-37, DOI: 10.34989/swp-2004-37.
• Stephen Murchison & Andrew Rennison & Zhenhua Zhu, 2004, "A Structural Small Open-Economy Model for Canada," Staff Working Papers, Bank of Canada, number 04-4, DOI: 10.34989/swp-2004-4.
• Césaire Meh & Kevin Moran, 2004, "Bank Capital, Agency Costs, and Monetary Policy," Staff Working Papers, Bank of Canada, number 04-6, DOI: 10.34989/swp-2004-6.
• Vítor Gaspar & Gabriel Pérez-Quirós & Hugo Rodríguez Mendizábal, 2004, "Interest rate determination in the interbank market," Working Papers, Banco de España, number 0407, Mar.
• Eugenio Gaiotti, 2004, "Pitfalls of monetary policy under incomplete information: imprecise indicators and real indeterminacy," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 488, Mar.
• Massimo Omiccioli, 2004, "Il credito commerciale: problemi e teorie," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 494, Jun.
• Guido De Blasio, 2004, "Does trade credit substitute for bank credit?," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 498, Jun.
• Giuseppe Ferrero, 2004, "Monetary Policy and the Transition to Rational Expectations," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 499, Jun.
• Stefano Neri, 2004, "Monetary policy and stock prices: theory and evidence," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 513, Jul.
• Alessio Anzuini & Aviram Levy, 2004, "Financial structure and the transmission of monetary shocks: preliminary evidence for the Czech Republic, Hungary and Poland," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 514, Jul.
• Michele Benvenuti & Marco Gallo, 2004, "Perch� le imprese ricorrono al factoring? Il caso dell'Italia," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 518, Oct.
• Eugenio Gaiotti & Alessandro Secchi, 2004, "Is there a cost channel of monetary policy transmission? An investigation into the pricing behaviour of 2,000 firms," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 525, Dec.
• Massimo Caruso, 2004, "Monetary Policy Impulses, Local Output and the Transmission Mechanism," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 537, Dec.
• Zuccardi-Huertas, Igor Esteban, 2004, "Efectos regionales de la política monetaria en Colombia," Chapters, Banco de la Republica de Colombia, chapter 1, in: Meisel-Roca, Adolfo, "Macroeconomía y regiones en Colombia", DOI: 10.32468/Ebook.664-144-9.
• Luis Fernando Melo-Velandia & Alvaro J. Riascos, 2004, "Sobre los efectos de la política monetaria en Colombia," Borradores de Economia, Banco de la Republica de Colombia, number 281, Mar, DOI: 10.32468/be.281.
• Peter Rowland, 2004, "The Colombian Sovereign Spread and its Determinants," Borradores de Economia, Banco de la Republica de Colombia, number 315, Nov, DOI: 10.32468/be.315.
• Luis F. Melo & Álvaro Riascos, 2004, "Sobre los efectos de la política monetaria en Colombia," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, volume 22, issue 45, pages 172-221, June, DOI: 10.32468/Espe.4505.
• Christian Bordes & Laurent Clerc, 2004, "Price Stability and The ECB's Monetary Policy Strategy," Working papers, Banque de France, number 109.
• Jean-Stéphane Mésonnier & Jean-Paul Renne, 2004, "A Time-Varying Natural Rate for the Euro Area," Working papers, Banque de France, number 115.
• Jean-Stéphane Mésonnier & Jean-Paul Renne, 2004, "règle de Taylor et politique mon taire dans la zone euro," Working papers, Banque de France, number 117.
• Guy Debelle, 2004, "Household debt and the macroeconomy," BIS Quarterly Review, Bank for International Settlements, March.
• Elizabeth Bucacos, 2004, "Acerca del proceso de formación de precios internos en Uruguay en 1986.1-2003.4: un enfoque de cointegración multivariado," Documentos de trabajo, Banco Central del Uruguay, number 2004002, Dec.
• Hans Dewachter & Marco Lyrio & Konstantijn Maes, 2004, "The Effect of Monetary Unification on German Bond Markets," European Financial Management, European Financial Management Association, volume 10, issue 3, pages 487-509, September, DOI: 10.1111/j.1354-7798.2004.00260.x.
• Richard Dennis, 2004, "Inferring Policy Objectives from Economic Outcomes," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, volume 66, issue s1, pages 735-764, September, DOI: 10.1111/j.1468-0084.2004.100_1.x.
• Roger Hammersland, 2004, "Who was in the driving seat in Europe during the nineties, International financial markets or the BUBA?," Working Paper, Norges Bank, number 2004/20, Dec.
• Michael T. Belongia & Peter N. Ireland, 2004, "Heterogeneity and Redistribution: By Monetary or Fiscal Means?," Boston College Working Papers in Economics, Boston College Department of Economics, number 595, May.
• Hasan Bakhshi & Hashmat Khan & Barbara Rudolf, 2004, "The Phillips curve under state-dependent pricing," Bank of England working papers, Bank of England, number 227, Aug.
• Theodoros S. Papaspyrou, 2004, "EMU strategies for new Member States: the role of Exchange Rate Mechanism II," Economic Bulletin, Bank of Greece, issue 23, pages 7-25, July.
• Sophocles N. Brissimis & Nicholas S. Magginas, 2004, "Forward-Looking Information in VAR Models and the Price Puzzle," Working Papers, Bank of Greece, number 10, Feb.
• Theodoros S. Papaspyrou, 2004, "EMU Strategies: Lessons from Past Experience in View of EU Enlargement," Working Papers, Bank of Greece, number 11, Mar.
• Ami Barnea & Joseph Djivre, 2004, "Changes in Monetary and Exchange Rate Policies and the Transmission Mechanism in Israel, 1989.IV – 2002.I," Bank of Israel Working Papers, Bank of Israel, number 2004.13, Oct.
• Hibiki Ichiue, 2004, "Why Can the Yield Curve Predict Output Growth, Inflation, and Interest Rates? An Analysis with an Affine Term Structure Model," Bank of Japan Working Paper Series, Bank of Japan, number 04-E-11, Jul.

2003

• Andrew Levin & Volker Wieland & John C. Williams, 2003, "The Performance of Forecast-Based Monetary Policy Rules Under Model Uncertainty," American Economic Review, American Economic Association, volume 93, issue 3, pages 622-645, June, DOI: 10.1257/000282803322157016.
• Lars E. O. Svensson, 2003, "What Is Wrong with Taylor Rules? Using Judgment in Monetary Policy through Targeting Rules," Journal of Economic Literature, American Economic Association, volume 41, issue 2, pages 426-477, June.
• Lars E.O. Svensson, 2003, "Escaping from a Liquidity Trap and Deflation: The Foolproof Way and Others," Journal of Economic Perspectives, American Economic Association, volume 17, issue 4, pages 145-166, Fall.
• Yildirim, Julide, 2003, "Currency Substitution and the Demand for Money in Five European Union Countries," Journal of Applied Economics, Universidad del CEMA, volume 6, issue 2, pages 1-23, November, DOI: 10.22004/ag.econ.43999.
• Dionísio Dias Carneiro & Thomas Yen Hon Wu, 2003, "Instabilidade e incerteza: curva IS com dados de longo prazo," Economia, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics], volume 4, issue 2, pages 261-281, July-Dece.
• Cleomar Gomes & Márcio Holland, 2003, "Regra de Taylor e política monetária em condições de endividamento público no Brasil," Economia, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics], volume 4, issue 2, pages 333-361, July-Dece.
• Fabio Kanczuk, 2003, "Supply Shocks and Inflation Targeting," Anais do XXXI Encontro Nacional de Economia [Proceedings of the 31st Brazilian Economics Meeting], ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics], number b01.
• Cleomar Gomes & Márcio Holland, 2003, "Regra de Taylor e Política Monetária em Condições de Endividamento Público no Brasil," Anais do XXXI Encontro Nacional de Economia [Proceedings of the 31st Brazilian Economics Meeting], ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics], number b44.
• Gabriel Pérez Quirós & Hugo Rodríguez Mendizábal, 2003, "The Daily Market for Funds in Europe: What Has Changed with the EMU?," UFAE and IAE Working Papers, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC), number 559.03, Feb.
• Jesus Rodriguez Lopez & Hugo Rodriguez Mendizabal, 2003, "How tight should one's hands be tied? Fear of floating and credibility of exchange rate regimes," UFAE and IAE Working Papers, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC), number 593.03, Oct.
• Miguel Lebre de Freitas, 2003, "The dynamics of inflation and currency substitution in a small open economy," Working Papers de Economia (Economics Working Papers), Departamento de Economia, Gestão e Engenharia Industrial, Universidade de Aveiro, number 02, Aug, revised Aug 2003.
• David Longworth, 2003, "Money in the Bank (of Canada)," Technical Reports, Bank of Canada, number 93, DOI: 10.34989/tr-93.
• Denise Côté & John Kuszczak & Jean-Paul Lam & Ying Liu & Pierre St-Amant, 2003, "A Comparison of Twelve Macroeconomic Models of the Canadian Economy," Technical Reports, Bank of Canada, number 94, DOI: 10.34989/tr-94.
• Gabriel Srour, 2003, "Some Notes on Monetary Policy Rules with Uncertainty," Staff Working Papers, Bank of Canada, number 03-16, DOI: 10.34989/swp-2003-16.
• Ali Dib, 2003, "Monetary Policy in Estimated Models of Small Open and Closed Economies," Staff Working Papers, Bank of Canada, number 03-27, DOI: 10.34989/swp-2003-27.
• Scott Hendry & Wai-Ming Ho & Kevin Moran, 2003, "Simple Monetary Policy Rules in an Open-Economy, Limited-Participation Model," Staff Working Papers, Bank of Canada, number 03-38, DOI: 10.34989/swp-2003-38.
• Jean-Paul Lam, 2003, "Alternative Targeting Regimes, Transmission Lags, and the Exchange Rate Channel," Staff Working Papers, Bank of Canada, number 03-39, DOI: 10.34989/swp-2003-39.
• Arminio Fraga & Ilan Goldfajn & André Minella, 2003, "Inflation Targeting in Emerging Market Economies," Working Papers Series, Central Bank of Brazil, Research Department, number 76, Jun.
• Patrick Lünnemann & Abdelaziz Rouabah, 2003, "Règle de Taylor: estimation et interprétation pour la zone euro et pour le Luxembourg," BCL working papers, Central Bank of Luxembourg, number 9, Oct.
• Andrew Benito, 2003, "The incidence and persistence of dividend omissions by Spanish firms," Working Papers, Banco de España, number 0303, Apr.
• Pedro Pablo Álvarez Lois, 2003, "Capacity utilization and Monetary Policy," Working Papers, Banco de España, number 0306, May.
• Gabriel Pérez Quirós & Hugo Rodríguez Mendizábal, 2003, "The daily market for funds in Europe: what has changed with the EMU," Working Papers, Banco de España, number 0313, Sep.
• Javier Andrés & Rafael Doménech, 2003, "Automatic stabilizers, fiscal rules and macroeconomic stability," Working Papers, Banco de España, number 0314, Oct.
• Alicia García Herrero & Pedro del Río, 2003, "Financial stability and the design of monetary policy," Working Papers, Banco de España, number 0315, Nov.
• Jordi Galí & J. David López Salido & Javier Vallés, 2003, "Rule-of-thumb consumers and the design of interest rate rules," Working Papers, Banco de España, number 0320, Dec.
• Leonardo Gambacorta & Paolo Emilio Mistrulli, 2003, "Bank Capital and Lending Behaviour: Empirical Evidence for Italy," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 486, Sep.
• Sergio Clavijo & Carlos Varela, 2003, "Flotación Cambiaria y Esterilización Monetaria: La Experiencia de Colombia," Borradores de Economia, Banco de la Republica de Colombia, number 256, Aug, DOI: 10.32468/be.256.
• Javier G. Gómez-Pineda, 2003, "Wage Indexation, Inflation Inertia, and the Cost of Disinflation," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, volume 21, issue 43, pages 66-85, June, DOI: 10.32468/Espe.4303.
• J. David López-Salido & Jordi Galí, 2015, "Rule-of-Thumb Consumers and the Design of Interest Rate Rules," Working Papers, Barcelona School of Economics, number 104, Sep.
• Tommaso Monacelli & Jordi Galí, 2015, "Monetary Policy and Exchange Rate Volatility in a Small Open Economy," Working Papers, Barcelona School of Economics, number 11, Sep.
• Gabriel Pérez-Quirós & Hugo Rodríguez Mendizábal, 2015, "The Daily Market for Funds in Europe: What has Changed with the EMU?," Working Papers, Barcelona School of Economics, number 22, Sep.
• Jesús Rodríguez López & Hugo Rodríguez Mendizábal, 2015, "On the Choice of an Exchange Rate Regime: Target Zones Revisited," Working Papers, Barcelona School of Economics, number 87, Sep.
• Jesús Rodríguez López & Hugo Rodríguez Mendizábal, 2015, "How Tight Should One's Hands Be Tied? Fear of Floating and Credibility of Exchange Rate Regimes," Working Papers, Barcelona School of Economics, number 96, Sep.
• Corrinne Ho & Robert N. McCauley, 2003, "Living with flexible exchange rates: issues and recent experience in inflation targeting emerging market economies," BIS Working Papers, Bank for International Settlements, number 130, Feb.
• Hyun Song Shin & Jeffery D. Amato, 2003, "Public and private information in monetary policy models," BIS Working Papers, Bank for International Settlements, number 138, Sep.
• Elizabeth Bucacos, 2003, "El financiamiento inflacionario del déficit fiscal," Documentos de trabajo, Banco Central del Uruguay, number 2003001, May.
• W. A. Razzak, 2003, "Is the Taylor Rule Really Different from the McCallum Rule?," Contemporary Economic Policy, Western Economic Association International, volume 21, issue 4, pages 445-457, October, DOI: 10.1093/cep/byg024.
• Richard Dennis, 2003, "Exploring the Role of the Real Exchange Rate in Australian Monetary Policy," The Economic Record, The Economic Society of Australia, volume 79, issue 244, pages 20-38, March, DOI: 10.1111/1475-4932.00076.
• Geoffrey Shuetrim & Christopher Thompson, 2003, "The Implications of Uncertainty for Monetary Policy," The Economic Record, The Economic Society of Australia, volume 79, issue 246, pages 370-379, September, DOI: 10.1111/1475-4932.00110.
• Matteo Iacoviello & Raoul Minetti, 2003, "Financial Liberalization And The Sensitivity Of House Prices To Monetary Policy: Theory And Evidence," Manchester School, University of Manchester, volume 71, issue 1, pages 20-34, January, DOI: 10.1111/1467-9957.00332.
• Livio Stracca, 2003, "The Functional Form Of The Demand For Euro Area M1," Manchester School, University of Manchester, volume 71, issue 2, pages 172-204, March, DOI: 10.1111/1467-9957.00342.
• Alex Cukierman & Stefan Gerlach, 2003, "The inflation bias revisited: theory and some international evidence," Manchester School, University of Manchester, volume 71, issue 5, pages 541-565, September, DOI: 10.1111/1467-9957.00366.
• Hans‐Martin Krolzig, 2003, "General‐to‐Specific Model Selection Procedures for Structural Vector Autoregressions," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, volume 65, issue s1, pages 769-801, December, DOI: 10.1046/j.0305-9049.2003.00088.x.
• Dieter Nautz & Jörg Oechssler, 2003, "The Repo Auctions of the European Central Bank and the Vanishing Quota Puzzle," Scandinavian Journal of Economics, Wiley Blackwell, volume 105, issue 2, pages 207-220, June, DOI: 10.1111/1467-9442.t01-1-00005.
• Soyoung Kim, 2003, "Monetary Policy Rules and Business Cycles," Scandinavian Journal of Economics, Wiley Blackwell, volume 105, issue 2, pages 221-245, June, DOI: 10.1111/1467-9442.t01-1-00006.
• Ignazio Angeloni & Günter Coenen & Frank Smets, 2003, "Persistence, The Transmission Mechanism And Robust Monetary Policy," Scottish Journal of Political Economy, Scottish Economic Society, volume 50, issue 5, pages 527-549, November, DOI: 10.1111/j.0036-9292.2003.05005006.x.
• George W. Evans & Seppo Honkapohja, 2003, "Friedman's Money Supply Rule vs. Optimal Interest Rate Policy," Scottish Journal of Political Economy, Scottish Economic Society, volume 50, issue 5, pages 550-566, November, DOI: 10.1111/j.0036-9292.2003.05005004.x.
• Amit Kara & Edward Nelson, 2003, "The Exchange Rate and Inflation in the UK," Scottish Journal of Political Economy, Scottish Economic Society, volume 50, issue 5, pages 585-608, November, DOI: 10.1111/j.0036-9292.2003.05005003.x.
• Christopher F. Baum & Mustafa Caglayan & Neslihan Ozkan, 2003, "The role of uncertainty in the transmission of monetary policy effects on bank lending," Boston College Working Papers in Economics, Boston College Department of Economics, number 561, Jun, revised 28 Apr 2008.
• Sophocles N. Brissimis & Nicholas S. Magginas, 2003, "Changes in Financial Structure and Asset Price Substitutability: A Test of the Bank Lending Channel," Working Papers, Bank of Greece, number 05, Sep.
• Munehisa Kasuya, 2003, "Regime-Switching Approach to Monetary Policy Effects: Empirical Studies using a Smooth Transition Vector Autoregressive Model," Bank of Japan Working Paper Series, Bank of Japan, number Research and Statistics D, Aug.
• Yetman, James, 2003, "Probing potential output: Monetary policy, credibility, and optimal learning under uncertainty," Journal of Macroeconomics, Elsevier, volume 25, issue 3, pages 311-330, September.
• Donati, Paola & Momi, Takeshi, 2003, "Indeterminacy of rational expectations equilibria in sequential financial markets," Journal of Mathematical Economics, Elsevier, volume 39, issue 7, pages 743-762, September.
• Bils, Mark & Chang, Yongsung, 2003, "Welfare costs of sticky wages when effort can respond," Journal of Monetary Economics, Elsevier, volume 50, issue 2, pages 311-330, March.
• Orphanides, Athanasios, 2003, "The quest for prosperity without inflation," Journal of Monetary Economics, Elsevier, volume 50, issue 3, pages 633-663, April.
• Svensson, Lars E. O. & Woodford, Michael, 2003, "Indicator variables for optimal policy," Journal of Monetary Economics, Elsevier, volume 50, issue 3, pages 691-720, April.
• Gali, Jordi & Lopez-Salido, J. David & Valles, Javier, 2003, "Technology shocks and monetary policy: assessing the Fed's performance," Journal of Monetary Economics, Elsevier, volume 50, issue 4, pages 723-743, May.
• Erceg, Christopher J. & Levin, Andrew T., 2003, "Imperfect credibility and inflation persistence," Journal of Monetary Economics, Elsevier, volume 50, issue 4, pages 915-944, May.
• Nelson, Edward, 2003, "The future of monetary aggregates in monetary policy analysis," Journal of Monetary Economics, Elsevier, volume 50, issue 5, pages 1029-1059, July.
• Coenen, Gunter & Wieland, Volker, 2003, "The zero-interest-rate bound and the role of the exchange rate for monetary policy in Japan," Journal of Monetary Economics, Elsevier, volume 50, issue 5, pages 1071-1101, July.
• Levin, Andrew T. & Williams, John C., 2003, "Robust monetary policy with competing reference models," Journal of Monetary Economics, Elsevier, volume 50, issue 5, pages 945-975, July.
• Ireland, Peter N., 2003, "Endogenous money or sticky prices?," Journal of Monetary Economics, Elsevier, volume 50, issue 8, pages 1623-1648, November.
• Gerlach, Stefan & Svensson, Lars E. O., 2003, "Money and inflation in the euro area: A case for monetary indicators?," Journal of Monetary Economics, Elsevier, volume 50, issue 8, pages 1649-1672, November.
• Leeper, Eric M. & Zha, Tao, 2003, "Modest policy interventions," Journal of Monetary Economics, Elsevier, volume 50, issue 8, pages 1673-1700, November.
• Ronald G. Bodkin & Angel Enrique Neder, 2003, "Monetary Policy Targeting in Argentina and Canada in the 1990s: A Comparison, Some Contrasts, and a Tentative Evaluation," Eastern Economic Journal, Eastern Economic Association, volume 29, issue 3, pages 339-358, Summer.
• Adrienne A. Kearney, 2003, "The Changing Probability of a Monetary Policy Response to Inflation and Employment Announcements," Eastern Economic Journal, Eastern Economic Association, volume 29, issue 4, pages 565-574, Fall.
• Agapov Stanislav & Boyarchenko Svetlana & Levendorsky Sergey, 2003, "A Three-Sector Model of the Russian Virtual Economy," EERC Working Paper Series, EERC Research Network, Russia and CIS, number 02-06e, Feb.
• Piontkovsky Ruslan, 2003, "Dollarization, Inflation Volatility and Underdeveloped Financial Markets in Transition Economies," EERC Working Paper Series, EERC Research Network, Russia and CIS, number 03-02e, May.
• Sunirand, Pojanart, 2003, "The role of money in the transmission mechanism of monetary policy: evidence from Thailand," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 24850, Apr.
• Goodhart, Charles & Pappa, Evi, 2003, "The transition from national currencies to the Euro," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 511, Apr.
• Buiter, Willem H., 2003, "James Tobin : an appreciation of his contribution to economics," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 847, Nov.
• Buiter, Willem H., 2003, "Overcoming the zero bound on nominal interest rates with negative interest on currency : Gesell's solution," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 848, Oct.
• Helder Ferreira de Mendonça, 2003, "Central Bank independence and policy coordination: advantages and disadvantages of two structures for stabilization," Brazilian Journal of Political Economy, Center of Political Economy, volume 23, issue 1, pages 112-123.
• Edwin Le Heron, 2003, "A new consensus on monetary policy?," Brazilian Journal of Political Economy, Center of Political Economy, volume 23, issue 4, pages 505-530.
• Philip Arestis & Malcolm Sawyer, 2003, "European Union must End the Stability and Growth Pact and Reform the European Central Bank," Ekonomia, Cyprus Economic Society and University of Cyprus, volume 6, issue 1, pages 95-111, Summer.
• Emilio Ontiveros, 2003, "Un sistema financiero internacional en transición: integración y vulnerabilidad," EKONOMIAZ. Revista vasca de Economía, Gobierno Vasco / Eusko Jaurlaritza / Basque Government, volume 52, issue 01, pages 14-25.
• Alicia Gacía Herrero & César Martín Machuca, 2003, "La política monetaria en Japón: lecciones a extraer en la comparación con la de los EE.UU," EKONOMIAZ. Revista vasca de Economía, Gobierno Vasco / Eusko Jaurlaritza / Basque Government, volume 52, issue 01, pages 26-53.
• Angel Ubide, 2003, "La trampa estructural de Japón. Lecciones para Europa y Estados Unidos," EKONOMIAZ. Revista vasca de Economía, Gobierno Vasco / Eusko Jaurlaritza / Basque Government, volume 52, issue 01, pages 54-73.
• Claudio Aranzadi & Maurici Lucena Betriu, 2003, "Dos experiencias económicas: Japón y Estados Unidos desde 1990," EKONOMIAZ. Revista vasca de Economía, Gobierno Vasco / Eusko Jaurlaritza / Basque Government, volume 52, issue 01, pages 74-93.
• Antonio Carrascosa & Fernando Benito, 2003, "La eficacia de las políticas monetaria y fiscal en Japón," EKONOMIAZ. Revista vasca de Economía, Gobierno Vasco / Eusko Jaurlaritza / Basque Government, volume 52, issue 01, pages 94-127.
• David Cano Martínez, 2003, "Experiencias y herramientas para anticipar y curar la deflación. ¿Qué puede hacer un banco central?," EKONOMIAZ. Revista vasca de Economía, Gobierno Vasco / Eusko Jaurlaritza / Basque Government, volume 52, issue 01, pages 128-153.
• César Cantalapiedra & Alfonso García Mora, 2003, "El papel del sistema financiero en la crisis de la economía estadounidense," EKONOMIAZ. Revista vasca de Economía, Gobierno Vasco / Eusko Jaurlaritza / Basque Government, volume 52, issue 01, pages 192-219.
• Warwick J. McKibbin & Kanhaiya Singh, 2003, "Issues in the Choice of a Monetary Regime for India," Chapters, Edward Elgar Publishing, chapter 10, in: Kaliappa Kalirajan & Ulaganathan Sankar, "Economic Reform and the Liberalisation of the Indian Economy".
• Dewachter, H.D.R. & Lyrio, M., 2003, "Macro factors and the Term Structure of Interest Rates," ERIM Report Series Research in Management, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam, number ERS-2003-037-F&A, Apr.
• Carlos Mulas-Granados, 2003, "The Political and Economic Determinants of Budgetary Consolidation in Europe," European Political Economy Review, European Political Economy Infrastructure Consortium, volume 1, issue Spring, pages 15-39.
• Camille Logeay & Silke Tober, 2003, "Time-Varying Nairu and Real Interest Rates in the Euro Area," Economics Working Papers, European Network of Economic Policy Research Institutes, number 024, Oct.
• Morten Balling (ed.), 2003, "Monetary and Financial Thinking in Europe - Evidence from Four Decades of SUERF," SUERF Studies, SUERF - The European Money and Finance Forum, number 2003/3, ISBN: ARRAY(0x823ef810), May.
• Morten Balling (ed.), 2003, "Securing Financial Stability: Problems and Prospects for New EU Members," SUERF Studies, SUERF - The European Money and Finance Forum, number 2003/4, ISBN: ARRAY(0x84810390), May.
• El. Thalassinos & Anna Saiti, 2003, "Strategy of Monetary Policy: Observations from Germany and Italy," European Research Studies Journal, European Research Studies Journal, volume 0, issue 1-2, pages 131-144, January -.
• Chan YALCIN & Spiros BOUGHEAS & Paul MIZEN, 2003, "Corporate Credit and Monetary Policy: The Impact of Firm-Specific Characteristics on Financial Structure," Economics Working Papers, European University Institute, number ECO2003/01.
• Simona MATEUT & Spiros BOUGHEAS & Paul MIZEN, 2003, "Trade Credit, Bank Lending and Monetary Policy Transmission," Economics Working Papers, European University Institute, number ECO2003/02.
• Simona MATEUT & Paul MIZEN, 2003, "Trade Credit and Bank Lending: An Investigation into the Determinants of UK Manufacturing Firms' Access to Trade Credit," Economics Working Papers, European University Institute, number ECO2003/03.
• Kristoffer P. NIMARK, 2003, "Monetary Policy Performance and the Accuracy of Observations," Economics Working Papers, European University Institute, number ECO2003/08.
• Stéphane Moyen & Jean-Guillaume Sahuc, 2003, "Incorporating Labour Market Frictions into an Optimizing Based Monetary Policy Model," Documents de recherche, Centre d'Études des Politiques Économiques (EPEE), Université d'Evry Val d'Essonne, number 03-03.
• Viktor Kotlán & David Navrátil, 2003, "Inflation Targeting as a Stabilization Tool: Its Design and Performance in the Czech Republic," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, volume 53, issue 5-6, pages 220-242, May.
• Martin Èihák & Tomáš Holub, 2003, "Price Convergence: What Can the Balassa-Samuelson Model Tell Us? (in English)," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, volume 53, issue 7-8, pages 334-355, July.
• Efrem Castelnuovo, 2003, "Squeezing the Interest Rate Smoothing Weight with a Hybrid Expectations Model," Working Papers, Fondazione Eni Enrico Mattei, number 2003.6, Jan.
• Bonomo, Marco Antônio Cesar & Carvalho, Carlos Viana de, 2003, "Endogenous time-dependent rules and the costs of disinflation with imperfect credibility," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE), EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil), number 505, Oct.
• George W. Evans & Seppo Honkapohja, 2003, "Policy interaction, expectations, and the liquidity trap," FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta, number 2003-16.
• Bruce Preston, 2003, "Learning about monetary policy rules when long-horizon expectations matter," FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta, number 2003-18.
• Athanasios Orphanides & John C. Williams, 2003, "Inflation scares and forecast-based monetary policy," FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta, number 2003-21.
• Frank Schorfheide, 2003, "Learning and monetary policy shifts," FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta, number 2003-23.
• Eric M. Leeper & Tao Zha, 2003, "Modest policy interventions," FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta, number 2003-24.
• George W. Evans & Seppo Honkapohja, 2003, "Adaptive learning and monetary policy design," Proceedings, Federal Reserve Bank of Cleveland, pages 1045-1084.
• Jess Benhabib & Stephanie Schmitt-Grohe & Martin Uribe, 2003, "Backward-looking interest-rate rules, interest-rate smoothing, and macroeconomic instability," Proceedings, Federal Reserve Bank of Cleveland, pages 1379-1423.
• Alan J. Auerbach & Maurice Obstfeld, 2003, "The case for open-market purchases in a liquidity trap," Proceedings, Federal Reserve Bank of San Francisco, issue mar.
• Kevin J. Lansing & Bharat Trehan, 2003, "Forward-Looking Behavior and the Optimality of the Taylor Rule," Working Paper Series, Federal Reserve Bank of San Francisco, number 2001-03, Feb, DOI: 10.24148/wp2001-03.
• Tao Wu, 2003, "Monetary Policy and the Slope Factors in Empirical Term Structure Estimations," Working Paper Series, Federal Reserve Bank of San Francisco, number 2002-07, Aug, DOI: 10.24148/wp2002-07.
• Richard Dennis, 2003, "Inferring Policy Objectives from Economic Outcome," Working Paper Series, Federal Reserve Bank of San Francisco, number 2003-05, Jun, DOI: 10.24148/wp2003-05.
• Andrew T. Levin & John C. Williams, 2003, "Robust Monetary Policy with Competing Reference Models," Working Paper Series, Federal Reserve Bank of San Francisco, number 2003-10, Jul, DOI: 10.24148/wp2003-10.
• Athanasios Orphanides & John C. Williams, 2003, "Inflation Scares and Forecast-Based Monetary Policy," Working Paper Series, Federal Reserve Bank of San Francisco, number 2003-11, Jul, DOI: 10.24148/wp2003-11.