Research classified by Journal of Economic Literature (JEL) codes

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

2024

• Tatjana Dahlhaus & Angelika Welte, 2024, "Payment habits during Covid-19: Evidence from high-frequency transaction data," IFC Bulletins chapters, Bank for International Settlements, in: Bank for International Settlements, "Granular data: new horizons and challenges".
• Gianluca Benigno & Boris Hofmann & Galo Nuño Barrau & Damiano Sandri, 2024, "Quo vadis, r*? The natural rate of interest after the pandemic," BIS Quarterly Review, Bank for International Settlements, March.
• Pongpitch Amatyakul & Deniz Igan & Marco Jacopo Lombardi, 2024, "Sectoral price dynamics in the last mile of post-Covid-19 disinflation," BIS Quarterly Review, Bank for International Settlements, March.
• Ryan Niladri Banerjee & Denis Gorea & Deniz Igan & Gabor Pinter, 2024, "Monetary policy and housing markets: insights using a novel measure of housing supply elasticity," BIS Quarterly Review, Bank for International Settlements, December.
• Boris Hofmann & Cristina Manea & Benoit Mojon, 2024, "Targeted Taylor rules: monetary policy responses to demand- and supply-driven inflation," BIS Quarterly Review, Bank for International Settlements, December.
• Jing Lian Suah, 2024, "The "plucking" model of the unemployment rate floor: Corss-country estimates and empirics," BIS Working Papers, Bank for International Settlements, number 1159, Jan.
• Jesús Fernández-Villaverde & Joël Marbet & Galo Nuño Barrau & Omar Rachedi, 2024, "Inequality and the zero lower bound," BIS Working Papers, Bank for International Settlements, number 1160, Jan.
• Enisse Kharroubi & Frank Smets, 2024, "Monetary policy with profit-driven inflation," BIS Working Papers, Bank for International Settlements, number 1167, Feb.
• Ariadne Checo & Francesco Grigoli & Damiano Sandri, 2024, "Monetary Policy Transmission in Emerging Markets: Proverbial Concerns, Novel Evidence," BIS Working Papers, Bank for International Settlements, number 1170, Mar.
• Egemen Eren & Timothy Jackson & Giovanni Lombardo, 2024, "The macroprudential role of central bank balance sheets," BIS Working Papers, Bank for International Settlements, number 1173, Mar.
• Raphael Auer & Mathieu Pedemonte & Raphael Schoenle, 2024, "Sixty years of global inflation: a post-GFC update," BIS Working Papers, Bank for International Settlements, number 1189, May.
• Tobias Adrian & Gaston Gelos & Nora Lamersdorf & Emanuel Moench, 2024, "The asymmetric and persistent effects of Fed policy on global bond yields," BIS Working Papers, Bank for International Settlements, number 1195, Jul.
• Lara Coulier & Alessio Reghezza, 2024, "Are low interest rates firing back? Interest rate risk in the banking book and bank lending in a rising interest rate environment," BIS Working Papers, Bank for International Settlements, number 1202, Aug.
• Peter Karadi & Anton Nakov & Galo Nuno Barrau & Ernesto Pasten & Dominik Thaler, 2024, "Strike while the iron is hot: optimal monetary policy with a nonlinear Phillips curve," BIS Working Papers, Bank for International Settlements, number 1203, Aug.
• Rafael Guerra & Steven Kamin & John Kearns & Christian Upper & Aatman Vakil, 2024, "Latin America's non-linear response to pandemic inflation," BIS Working Papers, Bank for International Settlements, number 1209, Sep.
• Dominic Cucic & Denis Gorea, 2024, "Non-bank lending and the transmission of monetary policy," BIS Working Papers, Bank for International Settlements, number 1211, Sep.
• Denis Gorea & Oleksiy Kryvtsov & Marianna Kudlyak, 2024, "House price responses to monetary policy surprises: evidence from US listings data," BIS Working Papers, Bank for International Settlements, number 1212, Sep.
• Valeria Zvereva & Olga Demidova & Dmitry Korshunov & Alexander Myasnikov, 2024, "Impact of Intraregional Income Inequality on the Operation of the Bank of Russia's Monetary Policy Transmission Mechanism," Russian Journal of Money and Finance, Bank of Russia, volume 83, issue 1, pages 3-31, March.
• Margarita Lyakhnova & Yuri Kolenko, 2024, "Nowcasting the Output Gap in Russia Using Enterprise Monitoring Data," Russian Journal of Money and Finance, Bank of Russia, volume 83, issue 2, pages 26-53, June.
• Kirill Anikeev, 2024, "Heterogeneous Banking System Under a Negative Interest Rate Policy," Russian Journal of Money and Finance, Bank of Russia, volume 83, issue 2, pages 77-91, June.
• Rodion Latypov & Elena Akhmedova & Egor Postolit & Marina Mikitchuk, 2024, "Bottom-up Inflation Forecasting Using Machine Learning Methods," Russian Journal of Money and Finance, Bank of Russia, volume 83, issue 3, pages 23-44, September.
• Andrey Sinyakov, 2024, "Monetary Policy in an Era of Transformation: A Review of ECB Forum on Central Banking," Russian Journal of Money and Finance, Bank of Russia, volume 83, issue 3, pages 92-105, September.
• Nadezhda Ivanova & Andrey Sinyakov & Konstantin Styrin, 2024, "Reassessing the Effectiveness and Transmission of Monetary Policy: Review of the Jackson Hole Economic Policy Symposium," Russian Journal of Money and Finance, Bank of Russia, volume 83, issue 4, pages 119-144, December.
• Alexey Erokhin & Olga Klachkova, 2024, "Influence of Readability and Tone of the Bank of Russia Texts on Inflation Expectations," Russian Journal of Money and Finance, Bank of Russia, volume 83, issue 4, pages 27-47, December.
• Victoria Bannikova, 2024, "Estimation of Multidimensionality of Monetary Policy Using High-Frequency Data," Russian Journal of Money and Finance, Bank of Russia, volume 83, issue 4, pages 3-26, December.
• Igor Savchenko & Marya Butakova & Leonid Markov & Margarita Lyakhnova & Olga Erushina & Roman Gartvich & Maxim Yakovina & Vasilii Shcherbakov, 2024, "Quarterly Projection Model for the Siberian Macroregion," Russian Journal of Money and Finance, Bank of Russia, volume 83, issue 4, pages 48-75, December.
• Nadezhda Ivanova & Svetlana Popova & Konstantin Styrin, 2024, "Bank Market Power and Monetary Policy Transmission: Evidence from Loan-Level Data," Bank of Russia Working Paper Series, Bank of Russia, number wps123, Jan.
• Vladislav Zhurakovsky & Alina Novopashina & Danil Grishin & Elizaveta Bulyga, 2024, "Semi-structural economic model of Far Eastern macroregion," Bank of Russia Working Paper Series, Bank of Russia, number wps127, Feb.
• Sergey Ivashchenko, 2024, "Sector-Specific Supply and Demand Shocks: Joint Identification," Bank of Russia Working Paper Series, Bank of Russia, number wps129, Jun.
• Alina Evstigneeva & Yulia Shchadilova, 2024, "Broader Audience Transparency Index for Central Banks," Bank of Russia Working Paper Series, Bank of Russia, number wps136, Oct.
• Konstantin Styrin, 2024, "Monetary Policy Transmission in a Small Open Economy under Financial and Trade Restrictions," Bank of Russia Working Paper Series, Bank of Russia, number wps141, Dec.
• Nuwat Nookhwun & Rawipha Waiyawatjakorn, 2024, "Flexible Inflation Targeting and Macroeconomic Performance: Evidence from ASEAN," Asian Economic Policy Review, Japan Center for Economic Research, volume 19, issue 2, pages 198-219, July, DOI: 10.1111/aepr.12459.
• Firmin Doko Tchatoka & Qazi Haque, 2024, "Revisiting the Macroeconomic Effects of Monetary Policy Shocks," The Economic Record, The Economic Society of Australia, volume 100, issue 329, pages 234-259, June, DOI: 10.1111/1475-4932.12801.
• Boris Hofmann & Gert Peersman, 2024, "Monetary policy transmission and trade‐offs in the United States: Old and new," International Finance, Wiley Blackwell, volume 27, issue 3, pages 253-278, December, DOI: 10.1111/infi.12452.
• Donato Masciandaro & Oana Peia & Davide Romelli, 2024, "Central bank communication and social media: From silence to Twitter," Journal of Economic Surveys, Wiley Blackwell, volume 38, issue 2, pages 365-388, April, DOI: 10.1111/joes.12550.
• Lena Dräger & Michael J. Lamla, 2024, "Consumers' macroeconomic expectations," Journal of Economic Surveys, Wiley Blackwell, volume 38, issue 2, pages 427-451, April, DOI: 10.1111/joes.12590.
• Michael Bauer & Mikhail Chernov, 2024, "Interest Rate Skewness and Biased Beliefs," Journal of Finance, American Finance Association, volume 79, issue 1, pages 173-217, February, DOI: 10.1111/jofi.13276.
• David O. Lucca & Jonathan H. Wright, 2024, "The Narrow Channel of Quantitative Easing: Evidence from YCC Down Under," Journal of Finance, American Finance Association, volume 79, issue 2, pages 1055-1085, April, DOI: 10.1111/jofi.13307.
• Ricardo J. Caballero & Alp Simsek, 2024, "Monetary Policy and Asset Price Overshooting: A Rationale for the Wall/Main Street Disconnect," Journal of Finance, American Finance Association, volume 79, issue 3, pages 1719-1753, June, DOI: 10.1111/jofi.13343.
• Dirk Niepelt, 2024, "Money and Banking with Reserves and CBDC," Journal of Finance, American Finance Association, volume 79, issue 4, pages 2505-2552, August, DOI: 10.1111/jofi.13357.
• Andreas Fuster & Stephanie H. Lo & Paul S. Willen, 2024, "The Time‐Varying Price of Financial Intermediation in the Mortgage Market," Journal of Finance, American Finance Association, volume 79, issue 4, pages 2553-2602, August, DOI: 10.1111/jofi.13358.
• Milda Norkute & Joakim Westerlund, 2024, "A Factor‐Augmented New Keynesian Phillips Curve for the European Union Countries," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, volume 86, issue 4, pages 794-810, August, DOI: 10.1111/obes.12614.
• Masataka Eguchi & Hidekazu Niwa & Takayuki Tsuruga, 2024, "Should the Fiscal Authority Avoid Implementation Lag?," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, volume 86, issue 4, pages 856-870, August, DOI: 10.1111/obes.12604.
• Karl‐Friedrich Israel & Gunther Schnabl, 2024, "Alternative measures of price inflation and the perception of real income in Germany," The World Economy, Wiley Blackwell, volume 47, issue 2, pages 618-636, February, DOI: 10.1111/twec.13431.
• Omid Asadollah & Linda Schwartz Carmy & Md. Rezwanul Hoque & Hakan Yilmazkuday, 2024, "Geopolitical risk, supply chains, and global inflation," The World Economy, Wiley Blackwell, volume 47, issue 8, pages 3450-3486, August, DOI: 10.1111/twec.13585.
• Valeria Fernanda Jemio Hurtado, 2024, "Los beneficios de los subsidios y la distribución de excedentes de sectores exportadores estratégicos: un enfoque de equilibrio general dinámico estoástico estimado con téncinas Bayesianas," Serie de Documentos de Trabajo, Banco Central de Bolivia, number 2024/01, Dec.
• Knut Are Aastveit & Jamie L. Cross & Francesco Furlanetto & Herman K. Van Dijk, 2024, "Taylor Rules with Endogenous Regimes," Working Papers, Centre for Applied Macro- and Petroleum economics (CAMP), BI Norwegian Business School, number No 04/2024, May.
• Chuanglian Chen & Xiaobin Liu & Jun Yu & Tao Zeng, 2024, "The Time-varying Zone-like and Asymmetric Preference of Central Banks: Evidence from China," Working Papers, University of Macau, Faculty of Business Administration, number 202421, Nov.
• Peter N. Ireland, 2024, "Money in the Search for a Nominal Anchor," Boston College Working Papers in Economics, Boston College Department of Economics, number 1078, Jul.
• Samuel Ligonnière & Salima Ouerk, 2024, "The unequal distribution of credit: Is there any role for monetary policy?," French Stata Users' Group Meetings 2024, Stata Users Group, number 08, Jun.
• Filippo Busetto, 2024, "Asymmetric expectations of monetary policy," Bank of England working papers, Bank of England, number 1058, Feb.
• Laura Coroneo & Iryna Kaminska & Sergio Pastorello, 2024, "Across the borders, above the bounds: a non-linear framework for international yield curves," Bank of England working papers, Bank of England, number 1062, Feb.
• Richard Harrison, 2024, "Optimal quantitative easing and tightening," Bank of England working papers, Bank of England, number 1063, Mar.
• Frederick van der Ploeg & Tim Willems, 2024, "Battle of the markups: conflict inflation and the aspirational channel of monetary policy transmission," Bank of England working papers, Bank of England, number 1065, Mar.
• Carlos Cañon & Eddie Gerba & Alberto Pambira & Evarist Stoja, 2024, "An unconventional FX tail risk story," Bank of England working papers, Bank of England, number 1068, Apr.
• Jamie Long & Paul Fisher, 2024, "Central bank profit distribution and recapitalisation," Bank of England working papers, Bank of England, number 1069, Apr.
• Nicolò Bandera & Jacob Stevens, 2024, "Monetary policy consequences of financial stability interventions: assessing the UK LDI crisis and the central bank policy response," Bank of England working papers, Bank of England, number 1070, Apr.
• Michael Kumhof & Mauricio Salgado-Moreno, 2024, "Quantitative easing and quantitative tightening: the money channel," Bank of England working papers, Bank of England, number 1090, Aug.
• Dario Bonciani & Riccardo M Masolo & Silvia Sarpietro, 2024, "How food prices shape inflation expectations and the monetary policy response," Bank of England working papers, Bank of England, number 1094, Oct.
• Michael Joyce & Andras Lengyel, 2024, "The yield curve impact of government debt issuance surprises and the implications for QT," Bank of England working papers, Bank of England, number 1097, Nov.
• Livia Silva Paranhos, 2024, "How do firms’ financial conditions influence the transmission of monetary policy? A non-parametric local projection approach," Bank of England working papers, Bank of England, number 1100, Dec.
• Jenny Chan, 2024, "Monetary policy and sentiment-driven fluctuations," Bank of England working papers, Bank of England, number 1106, Dec.
• Anastasia Theofilakou & Melina Vasardani, 2024, "Labour market tightness in the post-Covid-19 era," Economic Bulletin, Bank of Greece, issue 59, pages 73-87, July, DOI: 10.52903/econbull20245904.
• Marianthi Anastasatou, 2024, "Forecasting potential output for Greece," Economic Bulletin, Bank of Greece, issue 60, pages 53-64, December, DOI: 10.52903/econbull20246003.
• Dimitris Sideris & Georgia Pavlou, 2024, "Market power and profit margins in the Euro area countries in the post-pandemic period," Working Papers, Bank of Greece, number 330, Jun, DOI: 10.52903/wp2024330.
• Yossi Yakhin, 2024, "Foreign Exchange Interventions in the New-Keynesian Model: Transmission, Policy, and Welfare," Bank of Israel Working Papers, Bank of Israel, number 2024.01, Jan.
• Jonathan Benchimol, 2024, "Central Bank Objectives, Monetary Policy Rules, and Limited Information," Bank of Israel Working Papers, Bank of Israel, number 2024.04, May.
• Alex Ilek & Nimrod Cohen & Yaakov Chen-Zion, 2024, "Assessing the Impact of Monetary and Macroprudential Policies on Israel's Housing Market: A DSGE Model Approach," Bank of Israel Working Papers, Bank of Israel, number 2024.14, Nov.
• Yu Sugioka & Yuichiro Ito & Sohei Kaihatsu & Kousuke Takatomi, 2024, "Trends in the Discussions of the Costs and Benefits of Price Fluctuations," Bank of Japan Research Laboratory Series, Bank of Japan, number 24-E-2, Dec.
• Koji Nakamura & Shogo Nakano & Mitsuhiro Osada & Hiroki Yamamoto, 2024, "What Caused the Pandemic-Era Inflation?: Application of the Bernanke-Blanchard Model to Japan," Bank of Japan Working Paper Series, Bank of Japan, number 24-E-1, Feb.
• Ichiro Fukunaga & Yosuke Kido & Kotaro Suita, 2024, "Japan's Inflation under Global Inflation Synchronization," Bank of Japan Working Paper Series, Bank of Japan, number 24-E-4, Apr.
• Takashi Nakazawa & Mitsuhiro Osada, 2024, "The Bank of Japan's Large-Scale Government Bond Purchases and the Formation of Long-Term Interest Rates," Bank of Japan Working Paper Series, Bank of Japan, number 24-E-10, Sep.
• Shogo Nakano & Yu Sugioka & Hiroki Yamamoto, 2024, "Recent Developments in Measuring the Natural Rate of Interest," Bank of Japan Working Paper Series, Bank of Japan, number 24-E-12, Oct.
• Yudai Hatayama & Yuto Iwasaki & Kyoko Nakagami & Tatsuyoshi Okimoto, 2024, "Globalization and Its Growing Impact on the Natural Rates of Interest in Developed Economies," Bank of Japan Working Paper Series, Bank of Japan, number 24-E-13, Nov.
• Ichiro Fukunaga & Yoshihiko Hogen & Yoichi Ueno, 2024, "Japan's Economy and Prices over the Past 25 Years: Past Discussions and Recent Issues," Bank of Japan Working Paper Series, Bank of Japan, number 24-E-14, Dec.
• Yudai Hatayama & Yuto Iwasaki, 2024, "Estimating the Natural Yield Curve in Japan Using a VAR with Common Trends," Bank of Japan Working Paper Series, Bank of Japan, number 24-E-17, Dec.
• Sohei Kaihatsu & Shogo Nakano & Hiroki Yamamoto, 2024, "Macroeconomic Impact of Shifts in Long-term Inflation Expectations," Bank of Japan Working Paper Series, Bank of Japan, number 24-E-18, Dec.
• Shunsuke Haba & Yuichiro Ito & Shogo Nakano & Takahiro Yamanaka, 2024, "Assessing the Long-Term Impact of Monetary Policy," Bank of Japan Working Paper Series, Bank of Japan, number 24-E-19, Dec.
• Atsuki Hirata & Sohei Kaihatsu & Yoshiyasu Kasai & Hiroki Yamamoto & Jouchi Nakajima, 2024, "Effects and Side Effects of Unconventional Monetary Policy: A Shadow Rate Approach," Bank of Japan Working Paper Series, Bank of Japan, number 24-E-21, Dec.
• Kota Ikkatai & Takuji Kawamoto & Kenichi Sakura, 2024, "Japan's Unconventional Monetary Policy and the Exchange Rate Dynamics," Bank of Japan Working Paper Series, Bank of Japan, number 24-E-23, Dec.
• Atsuki Hirata & Yuichiro Ito & Yoshiyasu Kasai, 2024, "Impact of the Fund-Provisioning Measure to Stimulate Bank Lending in Japan," Bank of Japan Working Paper Series, Bank of Japan, number 24-E-24, Dec.
• Christian Bittner & Alexander Rodnyansky & Farzad Saidi & Yannick Timmer, 2024, "Mixing QE and Interest Rate Policies at the Effective Lower Bound: Micro Evidence from the Euro Area," CRC TR 224 Discussion Paper Series, University of Bonn and University of Mannheim, Germany, number crctr224_2024_552, May.
• Lukas Hack & Klodiana Istrefi & Matthias Meier, 2024, "The Systematic Origins of Monetary Policy Shocks," CRC TR 224 Discussion Paper Series, University of Bonn and University of Mannheim, Germany, number crctr224_2024_557, Jun.
• Lukas Hack & Davud Rostam-Afschar, 2024, "Understanding Firm Dynamics with Daily Data," CRC TR 224 Discussion Paper Series, University of Bonn and University of Mannheim, Germany, number crctr224_2024_593, Sep.
• Santiago Camara & Lawrence Christiano & Husnu Dalgic, 2024, "The International Monetary Transmission Mechanism," CRC TR 224 Discussion Paper Series, University of Bonn and University of Mannheim, Germany, number crctr224_2024_608, Nov.
• van ’t Klooster Jens, 2024, "The Case for a European Credit Council: Historical and Constitutional Fine-Tuning," Accounting, Economics, and Law: A Convivium, De Gruyter, volume 14, issue 4, pages 519-532, DOI: 10.1515/ael-2022-0074.
• Kiarsi Mehrab, 2024, "Optimal Monetary Policy with Government-Provided Unemployment Benefits," The B.E. Journal of Macroeconomics, De Gruyter, volume 24, issue 1, pages 207-248, January, DOI: 10.1515/bejm-2022-0114.
• Lochner Benjamin, 2024, "Employment Protection in Dual Labor Markets: Any Amplification of Macroeconomic Shocks?," The B.E. Journal of Macroeconomics, De Gruyter, volume 24, issue 1, pages 249-304, January, DOI: 10.1515/bejm-2023-0044.
• Zhou Jian & Zhang Zhipeng & Shao Yu, 2024, "Credit Resource Misallocation and Macroeconomic Fluctuations in China: From the Perspective of Heterogeneous Financial Frictions," The B.E. Journal of Macroeconomics, De Gruyter, volume 24, issue 1, pages 97-134, January, DOI: 10.1515/bejm-2023-0188.
• Goto Eiji, 2024, "Industry Impacts of US Unconventional Monetary Policy," The B.E. Journal of Macroeconomics, De Gruyter, volume 24, issue 2, pages 749-780, DOI: 10.1515/bejm-2022-0184.
• Soosalu Matt, 2024, "Monetary Policy Transmission in Canada – A High Frequency Identification Approach," The B.E. Journal of Macroeconomics, De Gruyter, volume 24, issue 2, pages 781-811, DOI: 10.1515/bejm-2023-0212.
• Ida Daisuke & Okano Mitsuhiro, 2024, "Does Nominal Wage Stickiness Affect Fiscal Multiplier in a Two-Agent New Keynesian Model?," The B.E. Journal of Macroeconomics, De Gruyter, volume 24, issue 2, pages 883-928, DOI: 10.1515/bejm-2023-0213.
• Koursaros Demetris & Savva Christos & Michail Nektarios & Papadopoulou Niki, 2024, "To Create or to Redistribute? That is the Question," The B.E. Journal of Macroeconomics, De Gruyter, volume 24, issue 2, pages 929-995, DOI: 10.1515/bejm-2023-0191.
• Mayer Thomas, 2024, "A Latticework of Inflation Models," The Economists' Voice, De Gruyter, volume 21, issue 1, pages 7-28, DOI: 10.1515/ev-2024-0028.
• Lucke Bernd, 2024, "EU-Med Capital Market Integration and the EU’s Covered Bonds Directive," Review of Middle East Economics and Finance, De Gruyter, volume 20, issue 3, pages 267-298, DOI: 10.1515/rmeef-2024-0023.
• Brugnolini Luca & Catania Leopoldo & Hansen Pernille & Santucci de Magistris Paolo, 2024, "Bayesian Flexible Local Projections," Studies in Nonlinear Dynamics & Econometrics, De Gruyter, volume 28, issue 2, pages 435-462, April, DOI: 10.1515/snde-2023-0001.
• Barnett William A. & Park Sohee, 2024, "Welfare cost of inflation, when credit card transaction services are included among monetary services," Studies in Nonlinear Dynamics & Econometrics, De Gruyter, volume 28, issue 3, pages 463-479, DOI: 10.1515/snde-2022-0092.
• Marco Lorusso & Francesco Ravazzolo & Claudia Udroiu, 2024, "Fiscal stimuli: Monetary versus Fiscal Financing," BEMPS - Bozen Economics & Management Paper Series, Faculty of Economics and Management at the Free University of Bozen, number BEMPS105, May.
• Jean-Luc Gaffard & Mauro Napoletano & Francesco Saraceno, 2024, "Inflation, changement structurel et conflit de répartition : enseignements pour la politique économique," Revue d'économie financière, Association d'économie financière, volume 0, issue 1, pages 213-230.
• Pierre Jaillet & Jean-Paul Pollin, 2024, "Le ciblage de l'inflation en univers incertain," Revue d'économie financière, Association d'économie financière, volume 0, issue 1, pages 233-247.
• Jean-Bernard Chatelain & Kirsten Ralf, 2024, "Wealth in the Quadratic Loss Function of the Ramsey Malinvaud Cass Koopmans Model of Optimal Savings," Revue d'économie politique, Dalloz, volume 134, issue 3, pages 371-390.
• Pesaran, M. H. & Smith, R. P., 2024, "High-Dimensional Forecasting with Known Knowns and Known Unknowns," Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge, number 2406, Feb.
• Bilbiie, F. O., 2024, "Monetary Policy and Heterogeneity: An Analytical Framework," Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge, number 2432, Jun.
• Maeng, F. S., 2024, "Default, Inflation Expectations, and the Currency Denomination of Sovereign Bonds," Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge, number 2438, Jul.
• Piotr Szczerba & Anna Wojtyniak & Joanna Niedźwiedzińska & Wojciech Bogdanowicz, 2024, "Monetary Policy Press Releases of 24 Inflation Targeting Central Banks – A Comparison of their Key Features and Complexity," Journal of Central Banking Theory and Practice, Central bank of Montenegro, volume 13, issue 1, pages 223-243.
• Nikola Fabris, 2024, "Monetary Policy Between Stability and Growth," Journal of Central Banking Theory and Practice, Central bank of Montenegro, volume 13, issue 1, pages 27-42.
• Damià Rey Miró & Pedro Piffaut & Ricardo Palomo Zurdo, 2024, "Do Financial Markets Allow the Independence of Central Banks?," Journal of Central Banking Theory and Practice, Central bank of Montenegro, volume 13, issue 1, pages 5-26.
• Sky Guo & Joseph Kreitem & Thomas Moser, 2024, "DLT Options for CBDC," Journal of Central Banking Theory and Practice, Central bank of Montenegro, volume 13, issue 1, pages 57-88.
• Bengü Tosun & Selim Başar, 2024, "Financial Fragility in Developing Countries: An Analysis in the Context of Monetary Policy and Central Bank Independence," Journal of Central Banking Theory and Practice, Central bank of Montenegro, volume 13, issue 1, pages 89-116.
• Vera Gojčaj, 2024, "Analysis of the Transparency Index of the Central Banks of the Western Balkan Countries," Journal of Central Banking Theory and Practice, Central bank of Montenegro, volume 13, issue 2, pages 109-128.
• Marcin Pietrzak, 2024, "Non-Ricardian Borrowers and Mortgage Type: Implications for Monetary Policy Leaning against the Wind," Journal of Central Banking Theory and Practice, Central bank of Montenegro, volume 13, issue 2, pages 153-185.
• Serhii Savluk & Olena Breheda, 2024, "Deposit Channel of Monetary Policy in European Countries," Journal of Central Banking Theory and Practice, Central bank of Montenegro, volume 13, issue 3, pages 141-166.
• Ayoub Rabhi, 2024, "To What Extent Does Central Bank Independence Alleviate Poverty in Developing Countries?," Journal of Central Banking Theory and Practice, Central bank of Montenegro, volume 13, issue 3, pages 167-189.
• Saeed Sazzad Jeris & Omar Bari Md. Ibrahim & Ferdous Ahmed Chowdhury & Humaira Begum, 2024, "Transparency in Central Bank and Credit Expansion: Empirical Evidence from Asian Countries," Journal of Central Banking Theory and Practice, Central bank of Montenegro, volume 13, issue 3, pages 271-289.
• Athanasios Geromichalos & Lucas Herrenbrueck & Changhyun Lee & Sukjoon Lee, 2024, "What’s so Inconvenient About TIPS?," Working Papers, University of California, Davis, Department of Economics, number 364, Dec.
• Arpan Chakraborty & Siddhartha Chattopadhyay & Mausumi Das & Sohini Sahu, 2024, "Optimal Fiscal Debt Management Strategy During Financial Crises: A Behavioral New Keynesian DSGE Approach for the US," Working papers, Centre for Development Economics, Delhi School of Economics, number 352, Oct.
• Emilio Ocampo & Nicolás Cachanosky, 2024, "Dollarization and default risk: a brief note," CEMA Working Papers: Serie Documentos de Trabajo., Universidad del CEMA, number 871, Jun.
• Volha Audzei & Sergey Slobodyan, 2024, "Dynamic Sparse Restricted Perceptions Equilibria," CERGE-EI Working Papers, The Center for Economic Research and Graduate Education - Economics Institute, Prague, number wp792, Oct.
• Jorge Abad & Galo Nuño & Carlos Thomas, 2024, "CBDC and the Operational Framework of Monetary Policy," CESifo Working Paper Series, CESifo, number 10896.
• Yu Awaya & Kohei Iwasaki & Makoto Watanabe, 2024, "Money Is the Root of Asset Bubbles," CESifo Working Paper Series, CESifo, number 10923.
• M. Hashem Pesaran & Ron P. Smith, 2024, "High-Dimensional Forecasting with Known Knowns and Known Unknowns," CESifo Working Paper Series, CESifo, number 10931.
• Nigar Hashimzade & Oleg Kirsanov & Tatiana Kirsanova & Junior Maih, 2024, "On Bayesian Filtering for Markov Regime Switching Models," CESifo Working Paper Series, CESifo, number 10941.
• Giang Nghiem & Lena Dräger & Ami Dalloul, 2024, "Anchoring Households’ Inflation Expectations When Inflation Is High," CESifo Working Paper Series, CESifo, number 11042.
• Nicolas Caramp & Dejanir H. Silva, 2024, "Monetary Policy and Wealth Effects: The Role of Risk and Heterogeneity," CESifo Working Paper Series, CESifo, number 11049.
• Paul De Grauwe & Yuemei Ji, 2024, "Monetary Policy and Radical Uncertainty," CESifo Working Paper Series, CESifo, number 11068.
• Mariano Kulish & James Morley & Nadine Yamout & Francesco Zanetti, 2024, "Unemployment in a Commodity-Rich Economy: How Relevant Is Dutch Disease?," CESifo Working Paper Series, CESifo, number 11092.
• António Afonso & Jorge Braga Ferreira, 2024, "Bank’s Risk-Taking Channel of Monetary Policy and TLTRO: Evidence from the Eurozone," CESifo Working Paper Series, CESifo, number 11116.
• Efrem Castelnuovo & Lorenzo Mori & Gert Peersman, 2024, "Commodity Price Shocks and Global Cycles: Monetary Policy Matters," CESifo Working Paper Series, CESifo, number 11140.
• Raphael Auer & Mathieu Pedemonte & Raphael Schoenle & Raphael A. Auer, 2024, "Sixty Years of Global Inflation: A Post-GFC Update," CESifo Working Paper Series, CESifo, number 11148.
• António Afonso & Francisco Gomes-Pereira, 2024, "Does Monetary Policy Influence Euro Area Fiscal Sustainability?," CESifo Working Paper Series, CESifo, number 11266.
• Stefan Nagel & Zhengyang Xu, 2024, "Movements in Yields, Not the Equity Premium: Bernanke-Kuttner Redux," CESifo Working Paper Series, CESifo, number 11305.
• Lena Dräger & Maximilian Floto & Marina Schröder, 2024, "Inflation Expectations and Economic Preferences," CESifo Working Paper Series, CESifo, number 11326.
• Peter Karadi & Anton Nakov & Galo Nuño & Ernesto Pastén & Dominik Thaler, 2024, "Strike While the Iron Is Hot: Optimal Monetary Policy with a Nonlinear Phillips Curve," CESifo Working Paper Series, CESifo, number 11372.
• Guglielmo Maria Caporale & Miguel A. Martin-Valmayor & Luis A. Gil-Alana & Nieves Carmona-González, 2024, "Persistence of the Sovereign Debt Components and Debt Sustainability: Some Evidence for the US and Europe," CESifo Working Paper Series, CESifo, number 11409.
• Moritz Pfeifer & Gunther Schnabl, 2024, "Monetary Policy, Divergence, and the Euro," CESifo Working Paper Series, CESifo, number 11442.
• Gunther Schnabl & Taiki Murai, 2024, "Japan’s Low Inflation from a Quantity Theory Perspective," CESifo Working Paper Series, CESifo, number 11476.
• Saki Bigio & Nicolas Caramp & Dejanir Silva & Dejanir H. Silva, 2024, "Sticky Inflation: Monetary Policy when Debt Drags Inflation Expectations," CESifo Working Paper Series, CESifo, number 11495.
• Michael D. Bauer & Eric A. Offner & Glenn D. Rudebusch, 2024, "Green Stocks and Monetary Policy Shocks: Evidence from Europe," CESifo Working Paper Series, CESifo, number 11552.
• Matthias Fengler & Winfried Koeniger & Stephan Minger, 2024, "The Transmission of Monetary Policy to the Cost of Hedging," CESifo Working Paper Series, CESifo, number 11556.
• Cristiano Cantore & Edoardo Leonardi, 2024, "Monetary-Fiscal Interaction and the Liquidity of Government Debt," Discussion Papers, Centre for Macroeconomics (CFM), number 2406, Jan.
• Lukas Schmid & Vytautas Valaitis & Alessandro T. Villa, 2024, "Government Debt Management and Inflation with Real and Nominal Bonds," Discussion Papers, Centre for Macroeconomics (CFM), number 2413, Mar.
• Christiaan van der Kwaak, 2024, "Monetary financing does not produce miraculous fiscal multipliers," Discussion Papers, Centre for Macroeconomics (CFM), number 2417, Mar.
• Mariano Kulish & James Morley & Nadine Yamout & Francesco Zanetti, 2024, "Unemployment in a Commodity-Rich Economy: How Relevant Is Dutch Disease?," Discussion Papers, Centre for Macroeconomics (CFM), number 2420, Apr.
• Laura Castillo-Martinez & Ricardo Reis, 2024, "How do central banks control inflation? A guide for the perplexed," Discussion Papers, Centre for Macroeconomics (CFM), number 2433, Jul.
• Nikoleta Anesti & Vania Esady & Matthew Naylor, 2024, "Food prices matter most: Sensitive household inflation expectations," Discussion Papers, Centre for Macroeconomics (CFM), number 2434, Aug.
• Davis, Leila & Michl, Thomas R., 2024, "The inverted yield curve in a 3-equation model," Working Papers, Department of Economics, Colgate University, number 2024-01, Jan.
• Peter Karadi & Anton Nakov & Galo Nuño & Ernesto Pastén & Dominik Thaler, 2024, "Strike while the Iron is Hot - Optimal Monetary Policy with a Nonlinear Phillips Curve," Working Papers Central Bank of Chile, Central Bank of Chile, number 1025, Oct.
• Semyon Malamud & Andreas Schrimpf & Yuan Zhang, 2024, "An Intermediation-Based Model of Exchange Rates," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 24-01, Jan.
• Martin Brown & Daniel Hoechle & Alejandra Perez & Markus Schmid, 2024, "How do Retail Investors Adapt to Exchange Rate Shocks?," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 24-108, Dec.
• Manish Gupta & Steven Ongena, 2024, "Monetary Conditions and Community Redistribution through Mortgage Markets," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 24-28, Apr.
• Christoph Basten & Ragnar Juelsrud, 2024, "Monetary Policy Transmission Through Cross-Selling Banks," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 24-36, Jul.
• Fatih Altunok & Yavuz Arslan & Steven Ongena, 2024, "Monetary Policy Transmission with Adjustable and Fixed-Rate Mortgages: The Role of Credit Supply," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 24-65, Nov.
• Volha Audzei & Ivan Sutoris, 2024, "A Heterogeneous Agent Model of Energy Consumption and Energy Conservation," Working Papers, Czech National Bank, Research and Statistics Department, number 2024/4, Sep.
• Natalie Dvorakova & Tomas Sestorad, 2024, "Origins of Post-COVID-19 Inflation in Central European Countries," Working Papers, Czech National Bank, Research and Statistics Department, number 2024/5, Sep.
• Ales Bulir & Jan Vlcek, 2024, "The Mirage of Falling R-stars," Working Papers, Czech National Bank, Research and Statistics Department, number 2024/6, Aug.
• Makoto WATANABE & Yu Awaya & kohei Iwasaki, 2024, "Money is the roof of asset bubbles," CIGS Working Paper Series, The Canon Institute for Global Studies, number 24-001E, Jan.
• Francesco Zanetti & Mariano Kulish & James Morley & Nadine Yamout, 2024, "Unemployment in a Commodity-Rich Economy: HowRelevant Is Dutch Disease?," CIGS Working Paper Series, The Canon Institute for Global Studies, number 24-011E, Apr.
• Girstmair, Stefan, 2024, "Determinacy in Multi-Country DSGE Models: The Role of Pricing Paradigms and Economic Openness," Dynare Working Papers, CEPREMAP, number 82, Jul.
• Jeremy M. Kronick & Yan Wendy Wu, 2024, "Canadian Shadow Banks and Monetary Policy Effectiveness," Canadian Public Policy, University of Toronto Press, volume 50, issue 1, pages 108-126, March, DOI: 10.3138/cpp.2023-004.
• Gáti, Laura & Handlan, Amy, 2024, "Monetary Communication Rules," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 18730, Jan.
• Balleer, Almut & Noeller, Marvin, 2024, "Monetary policy in the presence of supply constraints: Evidence from German firm-level data," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 18732, Jan.
• Abad, Jorge & Nuño, Galo & Thomas, Carlos, 2024, "CBDC and the operational framework of monetary policy," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 18750, Jan.
• Brandao-Marques, Luis & Gelos, Gaston & Hofman, David & Otten, Julia & Kaur Pasricha, Gurnain & Strauss, Zoe, 2024, "Do Household Expectations Help Predict Inflation?," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 18774, Jan.
• Hagedorn, Marcus, 2024, "The Failed Theory of the Price Level," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 18786, Jan.
• Alder, Marie & Coimbra, Nuno & Szczerbowicz, Urszula, 2024, "Corporate debt structure and heterogeneous monetary policy transmission," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 18787, Jan.
• Ash, Elliott & Mikosch, Heiner & Perakis, Alexis & Sarferaz, Samad, 2024, "Seeing and Hearing is Believing: The Role of Audiovisual Communication in Shaping Inflation Expectations," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 18792, Jan.
• De Grauwe, Paul & Ji, Yuemei, 2024, "How to conduct monetary policies. The ECB in the past, present and future," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 18801, Feb.
• van Binsbergen, Jules & Grotteria, Marco, 2024, "Monetary Policy Wedges and the Long-term Liabilities of Households and Firms," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 18829, Feb.
• Arias, Jonas & Rubio-Ramírez, Juan Francisco & Shin, Minchul & Waggoner, Daniel, 2024, "Inference Based on Time-Varying SVARs Identified with Sign Restrictions," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 18837, Feb.
• Orphanides, Athanasios, 2024, "Enhancing resilience with natural growth targeting," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 18862, Feb.
• Rebelo, Sérgio & Santana, Miguel & Teles, Pedro, 2024, "Behavioral Sticky Prices," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 18884, Mar.
• Teles, Pedro & Tristani, Oreste, 2024, "The Monetary Financing of a Large Fiscal Shock," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 18887, Mar.
• Tatar, Balint & Wieland, Volker, 2024, "Taylor Rules and the Inflation Surge: The Case of the Fed," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 18910, Mar.
• Gasparini, Tommaso & Lewis, Vivien & Moyen, Stéphane & Villa, Stefania, 2024, "Risky firms and fragile banks: implications for macroprudential policy," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 18915, Mar.
• Ascari, Guido & Bonomolo, Paolo & Celani, Alessandro, 2024, "The Macroeconomic Effects of Inflation Expectations: The Distribution Matters," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 18937, Mar.
• Eickmeier, Sandra & Quast, Josefine & Schüler, Yves, 2024, "Macroeconomic and Financial Effects of Natural Disasters," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 18940, Mar.
• Kharroubi, Enisse & Smets, Frank, 2024, "Monetary policy with profit-driven inflation," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 18946, Mar.
• Checo, Ariadne & Grigoli, Francesco & Sandri, Damiano, 2024, "Monetary Policy Transmission in Emerging Markets: Proverbial Concerns, Novel Evidence," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 18954, Mar.
• Bettarelli, Luca & Duval, Romain & Furceri, Davide & Jalles, Joao Tovar, 2024, "Labor Market Reforms and Unemployment Fluctuations," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 18965, Apr.
• Canova, Fabio & Kociecki, Andrzej & Piffer, Michele, 2024, "Flexible prior beliefs on impulse responses in Bayesian vector autoregressive models," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 18992, Apr.
• Binder, Carola & Campbell, Jeffrey & Ryngaert, Jane M., 2024, "Consumer Inflation Expectations: Daily Dynamics," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 19011, Apr.
• Kulish, Mariano & Morley, James & Yamout, Nadine & Zanetti, Francesco, 2024, "Unemployment in a Commodity-Rich Economy: How Relevant Is Dutch Disease?," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 19023, Apr.
• Hack, Lukas & Istrefi, Klodiana & Meier, Matthias, 2024, "The Systematic Origins of Monetary Policy Shocks," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 19063, May.
• Acharya, Sushant & Challe, Edouard, 2024, "Inequality and Optimal Monetary Policy in the Open Economy," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 19075, May.
• Cecchetti, Stephen & Hilscher, Jens, 2024, "Fiscal Consequences of Central Bank Losses," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 19088, May.
• Persson, Torsten & Tabellini, Guido, 2024, "Optimal Contracts and Inflation Targets Revisited," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 19126, Jun.
• Dahlhaus, Tatjana & Sekhposyan, Tatevik, 2024, "Survey-based Monetary Policy Uncertainty and its Asymmetric Effects," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 19131, Jun.
• Debortoli, Davide & Galí, Jordi, 2024, "Heterogeneity and Aggregate Fluctuations: Insights from TANK models," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 19134, Jun.
• Baumann, Ursel & Ferrando, Annalisa & Georgarakos, Dimitris & Gorodnichenko, Yuriy & Reinelt, Timo, 2024, "SAFE to Update Inflation Expectations? New Survey Evidence on Euro Area Firms," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 19161, Jun.
• Bügel, David & Hidalgo, Albert & Luetticke, Ralph, 2024, "Unconventional Monetary Policy Shocks and their Distributional Implications," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 19163, Jun.
• D'Acunto, Francesco & Charalambakis, Evangelos & Georgarakos, Dimitris & Kenny, Geoff & Meyer, Justus & Weber, Michael, 2024, "Household Inflation Expectations: An Overview of Recent Insights for Monetary Policy," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 19167, Jun.
• Fornaro, Luca & Grosse Steffen, Christoph, 2024, "Fragmented Monetary Unions," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 19171, Jun.
• Hagedorn, Marcus, 2024, "Inflation is always and everywhere Not Conflict," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 19172, Jun.
• Aruoba, Boragan & Drechsel, Thomas, 2024, "The long and variable lags of monetary policy: Evidence from disaggregated price indices," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 19175, Jun.
• Auer, Raphael & Pedemonte, Mathieu & Schoenle, Raphael, 2024, "Sixty Years of Global Inflation: A Post-GFC Update," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 19226, Jul.
• Kumhof, Michael & Salgado-Moreno, Mauricio, 2024, "Quantitative Easing and Quantitative Tightening: The Money Channel," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 19228, Jul.
• Forbes, Kristin & Ha, Jongrim & Kose, M. Ayhan, 2024, "Rate Cycles," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 19272, Jul.
• De Fiore, Fiorella & Mojon, Benoit & Rees, Daniel & Sandri, Damiano, 2024, "Monetary policy frameworks away from the ELB," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 19299, Jul.
• Castillo-Martinez, Laura & Reis, Ricardo, 2024, "How do central banks control inflation? A guide for the perplexed," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 19334, Aug.