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

2021

• Min Fang, 2021, "Lumpy Investment, Fluctuations in Volatility and Monetary Policy," Working Papers, University of Florida, Department of Economics, number 002001, Jun.
• Johari, Mohamad Shukri & Habibullah, Muzafar & Abdul Ghani, Roseziahazni & Abdul Manaf, Suhaily Maizan, 2021, "The Macroeconomic Fundamentals of the Real Exchange Rate in Malaysia: Some Empirical Evidence," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, volume 55, issue 2, pages 81-89, DOI: http://dx.doi.org/10.17576/JEM-2021.
• Verónica Acurio Vásconez & Olivier Damette & David W. Shanafelt, 2021, "Macroepidemics and unconventional monetary policy: Coupling macroeconomics and epidemiology in a financial DSGE-SIR framework," Working Papers of BETA, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg, number 2021-04.
• Camille Cornand & Rodolphe Dos Santos Ferreira, 2021, "Central bank's stabilization and communication policies when firms have motivated overconfidence in their own information accuracy or processing," Working Papers of BETA, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg, number 2021-49.
• Habiyaremye, Alexis & Jacobs, Peter & Molewa, Olebogeng & Lekomanyane, Pelontle, 2021, "Macroeconomic stimulus packages and income inequality in developing countries: Lessons from the 2007-9 Great Recession for the Covid-19 crisis in South Africa," MERIT Working Papers, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT), number 2021-006, Feb.
• Xiang-li Lim & Vatcharin Sirimaneetham, 2021, "Securing green development: Can Asia-Pacific central banks and financial supervisory authorities do more?," Asia-Pacific Sustainable Development Journal, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), volume 28, issue 2, pages 69-111, December.
• Xiang-li Lim & Vatcharin Sirimaneetham, 2021, "Securing green development: Can Asia-Pacific central banks and financial supervisory authorities do more?," MPDD Working Paper Series, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), number WP/21/10, Dec.
• Philippe Andrade & Jordi Galí & Hervé Le Bihan & Julien Matheron, 2021, "Should the ECB adjust its strategy in the face of a lower r*?," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 1767, Jan, revised Apr 2021.
• Vladimir Asriyan & Luc Laeven & Alberto Martin & Alejandro Van der Ghote & Victoria Vanasco, 2021, "Falling interest rates and credit reallocation: Lessons from general equilibrium," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 1784, May, revised Jun 2022.
• Régis Barnichon & Geert Mesters, 2021, "Fiscal targeting," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 1793, Jul.
• Luca Fornaro & Martin Wolf, 2021, "Monetary policy in the age of automation," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 1794, Jul, revised Sep 2022.
• F. Boissay & F. Collard & Jordi Galí & C. Manea, 2021, "Monetary policy and endogenous financial crises," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 1810, Dec, revised Aug 2025.
• Martina Jasova & Caterina Mendicino & Ettore Panetti & José-Luis Peydró & Dominik Supera, 2021, "Monetary policy, labor income redistribution and the credit channel: Evidence from matched employer-employee and credit registers," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra, number 1832, Sep, revised Mar 2023.
• Aymo Brunetti & Reto Foellmi, 2021, "Wenn eine geldpolitische Nebensache zur politischen Hauptsache wird: Das riesige Vermögen der Schweizerischen Nationalbank," Aussenwirtschaft, University of St. Gallen, School of Economics and Political Science, Swiss Institute for International Economics and Applied Economics Research, volume 71, issue 01, pages 1-34, December.
• Brunetti, Aymo & Foellmi, Reto, 2021, "Wenn eine geldpolitische Nebensache zur politischen Hauptsache wird: Das riesige Vermögen der Schweizerischen Nationalbank," Economics Working Paper Series, University of St. Gallen, School of Economics and Political Science, number 2101, Jan, revised Feb 2021.
• Giacomo Rella, 2021, "The Fed, housing and household debt over time," Department of Economics University of Siena, Department of Economics, University of Siena, number 850, Feb.
• Sergio Cesaratto, 2021, "An ECB’s Staff Narrative of Two Decades of European Central Banking: a critical review," Department of Economics University of Siena, Department of Economics, University of Siena, number 866, Dec.
• Peter Docherty, 2021, "A Short Period Sraffa-Keynes Model for the Evaluation of Monetary Policy," Working Paper Series, Economics Discipline Group, UTS Business School, University of Technology, Sydney, number 2021/01, Feb.
• David Laidler, 2021, "Lucas (1972), A Personal View from the Wrong Side of the Subsequent Fifty Years," University of Western Ontario, Departmental Research Report Series, University of Western Ontario, Department of Economics, number 20215.
• Davide Bernardi & Roberto Ricciuti, 2021, "An Economic Analysis of ‘Quota 90’," Working Papers, University of Verona, Department of Economics, number 09/2021, Jun.
• KOCAK, Necmettin Alpay, 2021, "The Impacts Of Speeches On Nowcasting Gdp: A Case Study On Euro Area Markets," Studii Financiare (Financial Studies), Centre of Financial and Monetary Research "Victor Slavescu", volume 25, issue 1, pages 6-29, March.
• Magdalena Szyszko & Karolina Tura-Gawron, 2021, "Eurozone or National Inflation Projections: Which has Greater Impact on Consumer Expectations?," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, volume 68, issue 1, pages 53-76.
• Agata Wierzbowska, 2021, "Monetary Policy and Bank Lending in Euro Area since the Outset of the Global Financial Crisis," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, volume 68, issue 3, pages 293-323.
• Philip Arestis & Hüseyin Şen & Ayşe Kaya, 2021, "Fiscal and Monetary Policy Effectiveness in Turkey: A Comparative Analysis," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, volume 68, issue 4, pages 415-439.
• Tetik Metin & Yıldırım Mustafa Ozan, 2021, "Distortionary effects of economic crises on policy coordination in Turkey: Threshold GMM approach," Economics and Business Review, Sciendo, volume 7, issue 3, pages 83-102, September, DOI: 10.18559/ebr.2021.3.6.
• Saiti Dashmir & Gockov Gjorgji & Trenovski Borce, 2021, "How Monetary Policy Affects the Lending and Economic Activity in a Banking System with Excess Liquidity," Economics and Culture, Sciendo, volume 18, issue 2, pages 51-60, December, DOI: 10.2478/jec-2021-0014.
• Shodipe Oladimeji T. & Shobande Olatunji Abdul, 2021, "Monetary Policy Dynamics in the United States," Open Economics, De Gruyter, volume 4, issue 1, pages 14-30, January, DOI: 10.1515/openec-2020-0111.
• Nizam Ahmed Mehedi, 2021, "On The Contribution of Interest Expense (Income) on Total Output," Open Economics, De Gruyter, volume 4, issue 1, pages 31-56, January, DOI: 10.1515/openec-2020-0112.
• Pažický Martin, 2021, "Oil price shock in the US and the euro area – evidence from the shadow rate and the term premium," Review of Economic Perspectives, Sciendo, volume 21, issue 3, pages 309-346, September, DOI: 10.2478/revecp-2021-0014.
• Bui Trung Thanh & Gábor Kiss Dávid, 2021, "Measuring monetary policy by money supply and interest rate: evidence from emerging economies," Review of Economic Perspectives, Sciendo, volume 21, issue 3, pages 347-367, September, DOI: 10.2478/revecp-2021-0015.
• Bošnjak Mile & Kordić Gordana & Novak Ivan, 2021, "Real Effective Exchange Rate and Industrial Productivity in Croatia: Wavelet Coherence Analysis," South East European Journal of Economics and Business, Sciendo, volume 16, issue 1, pages 30-37, June, DOI: 10.2478/jeb-2021-0003.
• Jahan Abdul Raheem & Gazi M. Hassan & Mark J. Holmes, 2021, "The Impact of Remittances on Monetary Transmission Mechanisms during the Pre and Post-Conflict Eras in Sri Lanka," Working Papers in Economics, University of Waikato, number 21/10, Oct.
• Junko Koeda & Yosuke Kimura, 2021, "Government Debt Maturity in Japan: 1965 to the Present," Working Papers, Waseda University, Faculty of Political Science and Economics, number 2103, Apr.
• Marcin Bielecki & Michał Brzoza-Brzezina & Marcin Kolasa, 2021, "Intergenerational redistributive effects of monetary policy," Working Papers, Faculty of Economic Sciences, University of Warsaw, number 2021-03.
• William Chen & Gregory Phelan, 2021, "Liquidity Provision and Financial Stability," Department of Economics Working Papers, Department of Economics, Williams College, number 2021-11, Aug, DOI: 10.36934/wecon:2021-11.
• William Chen & Gregory Phelan, 2021, "Should Monetary Policy Target Financial Stability?," Department of Economics Working Papers, Department of Economics, Williams College, number 2021-12, Aug, DOI: 10.36934/wecon:2021-12.
• Pamela Jakiela & Owen Ozier, 2021, "Gendered Language," Department of Economics Working Papers, Department of Economics, Williams College, number 2021-13, Jul, DOI: 10.36934/wecon:2021-13.
• Georg Leitner & Teresa Hübel & Anna Wolfmayr & Manuel Zerobin, 2021, "How risky is Monetary Policy? The Effect of Monetary Policy on Systemic Risk in the Euro Area," Department of Economics Working Papers, Vienna University of Economics and Business, Department of Economics, number wuwp312, Mar.
• Leitner, Georg & Hübel, Teresa & Wolfmayr, Anna & Zerobin, Manuel, 2021, "How risky is Monetary Policy? The Effect of Monetary Policy on Systemic Risk in the Euro Area," Department of Economics Working Paper Series, WU Vienna University of Economics and Business, number 312, Mar.
• Federico Ravenna & Marcus Mølbak Ingholt, 2021, "The impact of inflation targeting: Testing the good luck hypothesis," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, volume 54, issue 1, pages 443-470, February, DOI: 10.1111/caje.12488.
• Stylianos Asimakopoulos & Marco Lorusso & Luca Pieroni, 2021, "Can public spending boost private consumption?," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, volume 54, issue 3, pages 1275-1313, November, DOI: 10.1111/caje.12527.
• Anmol Bhandari & David Evans & Mikhail Golosov & Thomas J. Sargent, 2021, "Inequality, Business Cycles, and Monetary‐Fiscal Policy," Econometrica, Econometric Society, volume 89, issue 6, pages 2559-2599, November, DOI: 10.3982/ECTA16414.
• Alisdair McKay & Johannes F. Wieland, 2021, "Lumpy Durable Consumption Demand and the Limited Ammunition of Monetary Policy," Econometrica, Econometric Society, volume 89, issue 6, pages 2717-2749, November, DOI: 10.3982/ECTA18821.
• Michelle Bongard & Gabriele Galati & Richhild Moessner & William Nelson, 2021, "Connecting the dots: Market reactions to forecasts of policy rates and forward guidance provided by the Fed," International Journal of Finance & Economics, John Wiley & Sons, Ltd., volume 26, issue 1, pages 684-706, January, DOI: 10.1002/ijfe.1811.
• Stephen J. Cole, 2021, "Learning and the Effectiveness of Central Bank Forward Guidance," Journal of Money, Credit and Banking, Blackwell Publishing, volume 53, issue 1, pages 157-200, February, DOI: 10.1111/jmcb.12696.
• Björn Richter & Moritz Schularick & Paul Wachtel, 2021, "When to Lean against the Wind," Journal of Money, Credit and Banking, Blackwell Publishing, volume 53, issue 1, pages 5-39, February, DOI: 10.1111/jmcb.12701.
• Michael T. Belongia & Peter N. Ireland, 2021, "A Classical View of the Business Cycle," Journal of Money, Credit and Banking, Blackwell Publishing, volume 53, issue 2-3, pages 333-366, March, DOI: 10.1111/jmcb.12767.
• Matteo Cacciatore & Romain Duval & Giuseppe Fiori & Fabio Ghironi, 2021, "Market Reforms at the Zero Lower Bound," Journal of Money, Credit and Banking, Blackwell Publishing, volume 53, issue 4, pages 745-777, June, DOI: 10.1111/jmcb.12773.
• Marc Hofstetter & José Nicolás Rosas, 2021, "The Poor and the Rich: Preferences over Inflation and Unemployment," Journal of Money, Credit and Banking, Blackwell Publishing, volume 53, issue 4, pages 875-895, June, DOI: 10.1111/jmcb.12783.
• Kimberly A. Berg & Chadwick C. Curtis & Steven Lugauer & Nelson C. Mark, 2021, "Demographics and Monetary Policy Shocks," Journal of Money, Credit and Banking, Blackwell Publishing, volume 53, issue 6, pages 1229-1266, September, DOI: 10.1111/jmcb.12825.
• Marcelle Chauvet & Insu Kim, 2021, "Incomplete Price Adjustment and Inflation Persistence," Journal of Money, Credit and Banking, Blackwell Publishing, volume 53, issue 6, pages 1337-1371, September, DOI: 10.1111/jmcb.12813.
• Dmitry Matveev, 2021, "Time‐Consistent Management of a Liquidity Trap with Government Debt," Journal of Money, Credit and Banking, Blackwell Publishing, volume 53, issue 8, pages 2129-2165, December, DOI: 10.1111/jmcb.12820.
• Atsushi Inoue & Barbara Rossi, 2021, "A new approach to measuring economic policy shocks, with an application to conventional and unconventional monetary policy," Quantitative Economics, Econometric Society, volume 12, issue 4, pages 1085-1138, November, DOI: 10.3982/QE1225.
• Song Joonhyuk & Ryu Doojin, 2021, "Houses as Collateral and Household Debt Deleveraging in Korea," Economics - The Open-Access, Open-Assessment Journal, De Gruyter, volume 15, issue 1, pages 3-27, January, DOI: 10.1515/econ-2021-0002.
• Mislin Alexander, 2021, "Monetary Policy and Asset Price Gap Signal Technology in a New Keynesian Framework," The Economists' Voice, De Gruyter, volume 18, issue 1, pages 31-45, December, DOI: 10.1515/ev-2021-0003.
• Latsos Sophia & Schnabl Gunther, 2021, "Determinants of Japanese Household Saving Behavior in the Low-Interest Rate Environment," The Economists' Voice, De Gruyter, volume 18, issue 1, pages 81-99, December, DOI: 10.1515/ev-2021-0005.
• Wischnewsky Arina & Neuenkirch Matthias, 2021, "Shadow banks and the risk-taking channel of monetary policy transmission in the euro area," German Economic Review, De Gruyter, volume 22, issue 1, pages 97-128, February, DOI: 10.1515/ger-2019-0097.
• Iwanicz-Drozdowska Małgorzata & Kurowski Łukasz, 2021, "Keep your friends close and your enemies closer – the case of monetary policy and financial imbalances," German Economic Review, De Gruyter, volume 22, issue 4, pages 383-414, November, DOI: 10.1515/ger-2020-0045.
• Giménez Roche Gabriel A. & Janson Nathalie, 2021, "The Central Bank Shift to Market Maker of Last Resort: The Unintended Consequences of Unconventional Monetary Policies," Journal des Economistes et des Etudes Humaines, De Gruyter, volume 27, issue 1, pages 1-33, June, DOI: 10.1515/jeeh-2021-0037.
• Silviu-Marius SEITAN, 2021, "Financial Stability Aspects In The Conditions Of European Monetary Union," Contemporary Economy Journal, Constantin Brancoveanu University, volume 6, issue 3, pages 129-139.
• Silviu - Marius Åžeitan, 2021, "Financial Stability Aspects In The Conditions Of European Monetary Union," Management Strategies Journal, Constantin Brancoveanu University, volume 51, issue 1, pages 173-183.
• Jean-Bernard Chatelain & Kirsten Ralf, 2021, "Imperfect Credibility versus No Credibility of Optimal Monetary Policy," Revue économique, Presses de Sciences-Po, volume 72, issue 1, pages 43-63.
• Camille Macaire, 2021, "Dynamique de l'endettement privé en Chine : risques et enjeux," Revue d'économie financière, Association d'économie financière, volume 0, issue 1, pages 89-102.
• Christian Pfister, 2021, "La réforme du 100 % réserves : calamité ou opportunité ?," Revue d'économie financière, Association d'économie financière, volume 0, issue 1, pages 293-316.
• Vivien Levy-Garboua & Gérard Maarek, 2021, "L’inexorable dérive du système financier," Revue d'économie financière, Association d'économie financière, volume 0, issue 2, pages 29-47.
• Christian Pfister & Natacha Valla, 2021, "Une banque centrale pour le changement climatique ?," Revue d'économie financière, Association d'économie financière, volume 0, issue 3, pages 241-267.
• Agustín Carstens, 2021, "Les banques centrales s'adaptent à de nouveaux défis," Revue d'économie financière, Association d'économie financière, volume 0, issue 4, pages 33-46.
• Frank Smets, 2021, "Comment expliquer la faiblesse durable des taux directeurs dans la zone euro ?," Revue d'économie financière, Association d'économie financière, volume 0, issue 4, pages 47-60.
• Côme Poirier & Xavier Ragot, 2021, "Une réhabilitation raisonnée de la finance fonctionnelle : stagnation séculaire, croissance et inflation," Revue d'économie financière, Association d'économie financière, volume 0, issue 4, pages 61-72.
• Philip R. Lane, 2021, "La stratégie de politique monétaire de la Banque centrale européenne," Revue d'économie financière, Association d'économie financière, volume 0, issue 4, pages 75-89.
• Richard H. Clarida, 2021, "Le nouveau cadre de la Federal Reserve : contexte et conséquences," Revue d'économie financière, Association d'économie financière, volume 0, issue 4, pages 91-105.
• François Villeroy de Galhau & Vincent Bignon & Bruno Cabrillac, 2021, "Les défis posés à la politique monétaire par un environnement plus exigeant," Revue d'économie financière, Association d'économie financière, volume 0, issue 4, pages 107-121.
• Otmar Issing, 2021, "Nouvelles orientations de la politique monétaire : abandon du point d'ancrage ?," Revue d'économie financière, Association d'économie financière, volume 0, issue 4, pages 123-131.
• Dirk Schumacher, 2021, "Comprendre les banques centrales. Les mesures d'exception troublent-elles le tableau ?," Revue d'économie financière, Association d'économie financière, volume 0, issue 4, pages 133-143.
• Stephen G. Cecchetti & Kermit L. Schoenholtz, 2021, "Limiter la budgétarisation des banques centrales," Revue d'économie financière, Association d'économie financière, volume 0, issue 4, pages 147-160.
• Athanasios Orphanides, 2021, "La dimension budgétaire de la politique monétaire et l'autonomie des banques centrales : leçons de deux crises," Revue d'économie financière, Association d'économie financière, volume 0, issue 4, pages 161-176.
• Sabine Mauderer & David Döhrmann & Joschka Gerigk, 2021, "Changement climatique : quel rôle pour les banques centrales ?," Revue d'économie financière, Association d'économie financière, volume 0, issue 4, pages 179-190.
• Matthias Thiemann, 2021, "La relation asymétrique des banques centrales au financement de marché : une évaluation des implications pour la stabilité financière à la lumière des événements liés à la Covid," Revue d'économie financière, Association d'économie financière, volume 0, issue 4, pages 191-201.
• Michel Aglietta & Natacha Valla, 2021, "La souveraineté de la monnaie et ses transformations historiques : l'invention de la monnaie digitale de banque centrale au XXI e siècle et ses conséquences géopolitiques," Revue d'économie financière, Association d'économie financière, volume 0, issue 4, pages 203-213.
• Laurence Scialom, 2021, "La responsabilité sociétale des banques centrales," Revue d'économie financière, Association d'économie financière, volume 0, issue 4, pages 215-226.
• Pervenche Berès, 2021, "La Banque centrale européenne : quelle responsabilité devant le Parlement européen, corollaire de son indépendance pour assoir sa crédibilité et sa légitimité ?," Revue d'économie financière, Association d'économie financière, volume 0, issue 4, pages 227-245.
• Stéphane Auray & Aurélien Eyquem, 2021, "Heterogeneity, convergence and imbalances in the Euro area," Revue de l'OFCE, Presses de Sciences-Po, volume 0, issue 3, pages 117-152.
• George W. Evans, 2021, "Theories of Learning and Economic Policy," Revue d'économie politique, Dalloz, volume 131, issue 3, pages 583-608.
• Goodhead, Robert, 2021, "The Economic Impact of Yield Curve Compression: Evidence from Euro Area Forward Guidance and Unconventional Monetary Policy," Research Technical Papers, Central Bank of Ireland, number 1/RT/21, Jan.
• Parle, Conor, 2021, "The financial market impact of ECB monetary policy press conferences - a text based approach," Research Technical Papers, Central Bank of Ireland, number 4/RT/21, May.
• Aslı Güler, 2021, "Does Monetary Policy Credibility Help in Anchoring Inflation Expectations? Evidence from Six Inflation Targeting Emerging Economies," Journal of Central Banking Theory and Practice, Central bank of Montenegro, volume 10, issue 1, pages 93-111.
• Alexander Ehimare Omankhanlen & Noah Ilori & Areghan Isibor & Lawrence Uchenna Okoye, 2021, "Monetary Policies and the Achievement of Bank Profit Objective," Journal of Central Banking Theory and Practice, Central bank of Montenegro, volume 10, issue 2, pages 201-220.
• Martin N. Pazardjiev & Aleksandar Z. Vasilev, 2021, "Specificities of the Monetary Transmission Mechanism within the Bulgarian Currency Board Framework: The first five years," Journal of Central Banking Theory and Practice, Central bank of Montenegro, volume 10, issue 2, pages 57-86.
• Ibrahim A. Onour & Bruno S. Sergi, 2021, "The impact of a political shock on foreign exchange markets in a small and open economy: A dynamic modelling approach," Journal of Central Banking Theory and Practice, Central bank of Montenegro, volume 10, issue 3, pages 137-152.
• Guillaume Vallet, 2021, "Great Power, Great Responsibility: Addressing the Underestimated Issue of Central Bank’s Social Responsibility," Journal of Central Banking Theory and Practice, Central bank of Montenegro, volume 10, issue 3, pages 23-39.
• Mahdi Yazdani & Mohammad Nikzad, 2021, "Output Losses from Currency Crises and the Role of Central Bank," Journal of Central Banking Theory and Practice, Central bank of Montenegro, volume 10, issue 3, pages 79-97.
• Nicolas Caramp & Dejanir H. Silva, 2021, "Monetary Policy and Wealth Effects: The Role of Risk and Heterogeneity," Working Papers, University of California, Davis, Department of Economics, number 341, Jul.
• Dixon, Huw & Franklin, Jeremy & Millard, Stephen, 2021, "Sectoral shocks and monetary policy in the United Kingdom," Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section, number E2021/10, May.
• Minford, Patrick & Ou, Zhirong & Wickens, Michael & Zhu, Zheyi, 2021, "The eurozone: what is to be done?," Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section, number E2021/11, Jun.
• Meenagh, David & Minford, Patrick & Zhao, Zhiqi, 2021, "Should Hong Kong switch to Taylor Rule? Evidence from DSGE Model," Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section, number E2021/6, Jun.
• Lyu, Juyi & Le, Vo Phuong Mai & Meenagh, David & Minford, Patrick, 2021, "Macroprudential Regulation in the Post-Crisis Era: Has the Pendulum Swung Too Far?," Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section, number E2021/5, Mar.
• Michaillat, Pascal & Saez, Emmanuel, 2021, "Resolving New Keynesian Anomalies with Wealth in the Utility Function," Santa Cruz Department of Economics, Working Paper Series, Department of Economics, UC Santa Cruz, number qt9wc7068w, May.
• Mariano Fernández, 2021, "Estabilizaciones transitorias y permanentes usando al tipo de cambio o la cantidad de dinero como anclas nominales," CEMA Working Papers: Serie Documentos de Trabajo., Universidad del CEMA, number 792, May.
• Scott R. Baker & Nicholas Bloom & Steven J. Davis & Marco Sammon, 2021, "What triggers stock market jumps?," CEP Discussion Papers, Centre for Economic Performance, LSE, number dp1789, Aug.
• Richard Davies, 2021, "Prices and inflation in the UK - A new dataset," CEP Occasional Papers, Centre for Economic Performance, LSE, number 55, Feb.
• Scott R. Baker & Nicholas Bloom & Steven J. Davis & Marco Sammon, 2021, "What triggers stock market jumps?," POID Working Papers, Centre for Economic Performance, LSE, number 010, Aug.
• Alina K. Bartscher & Moritz Kuhn & Moritz Schularick & Paul Wachtel, 2021, "Monetary Policy and Racial Inequality," CESifo Working Paper Series, CESifo, number 8877.
• Sophia Latsos & Gunther Schnabl, 2021, "Determinants of Japanese Household Saving Behavior in the Low-Interest Rate Environment," CESifo Working Paper Series, CESifo, number 8927.
• Giovanni Pellegrino & Efrem Castelnuovo & Giovanni Caggiano, 2021, "Uncertainty and Monetary Policy during the Great Recession," CESifo Working Paper Series, CESifo, number 8985.
• Philippe Andrade & Erwan Gautier & Eric Mengus, 2021, "What Matters in Households' Inflation Expectations?," CESifo Working Paper Series, CESifo, number 9005.
• Michael Ehrmann, 2021, "Point Targets, Tolerance Bands, or Target Ranges? Inflation Target Types and the Anchoring of Inflation Expectations," CESifo Working Paper Series, CESifo, number 9034.
• Greta Meggiorini & Fabio Milani, 2021, "Behavioral New Keynesian Models: Learning vs. Cognitive Discounting," CESifo Working Paper Series, CESifo, number 9039.
• Oliver Hülsewig & Horst Rottmann, 2021, "Euro Area House Prices and Unconventional Monetary Policy Surprises," CESifo Working Paper Series, CESifo, number 9045.
• Niklas Amberg & Thomas Jansson & Mathias Klein & Anna Rogantini Picco, 2021, "Five Facts about the Distributional Income Effects of Monetary Policy," CESifo Working Paper Series, CESifo, number 9062.
• Francesca Vinci & Omar Licandro, 2021, "Switching-Track after the Great Recession," CESifo Working Paper Series, CESifo, number 9107.
• Federico Di Pace & Christoph Görtz, 2021, "Monetary Policy, Sectoral Comovement and the Credit Channel," CESifo Working Paper Series, CESifo, number 9142.
• Michael D. Bauer & Mikhail Chernov, 2021, "Interest Rate Skewness and Biased Beliefs," CESifo Working Paper Series, CESifo, number 9150.
• Ye Li & Simon Mayer & Simon Mayer, 2021, "Money Creation in Decentralized Finance: A Dynamic Model of Stablecoin and Crypto Shadow Banking," CESifo Working Paper Series, CESifo, number 9260.
• Magnus Reif, 2021, "Time-Varying Dynamics of the German Business Cycle: A Comprehensive Investigation," CESifo Working Paper Series, CESifo, number 9271.
• Marcus Hagedorn, 2021, "An Equilibrium Theory of Nominal Exchange Rates," CESifo Working Paper Series, CESifo, number 9290.
• Guglielmo Maria Caporale & Woo-Young Kang & Fabio Spagnolo & Nicola Spagnolo, 2021, "The Covid-19 Pandemic, Policy Responses and Stock Markets in the G20," CESifo Working Paper Series, CESifo, number 9299.
• Christiane Baumeister, 2021, "Measuring Market Expectations," CESifo Working Paper Series, CESifo, number 9305.
• Isabel Argimon & Jayson M. Danton & Jakob de Haan & Javier Rodriguez-Martin & Maria Rodriguez-Moreno, 2021, "Low Interest Rates and Banks' Interest Margins: Does Belonging to a Banking Group Matter?," CESifo Working Paper Series, CESifo, number 9340.
• Christian Bittner & Alexander Rodnyansky & Farzad Saidi & Yannick Timmer, 2021, "Mixing QE and Interest Rate Policies at the Effective Lower Bound: Micro Evidence from the Euro Area," CESifo Working Paper Series, CESifo, number 9363.
• Emanuel Kohlscheen & Richhild Moessner, 2021, "Globalisation and the Slope of the Phillips Curve," CESifo Working Paper Series, CESifo, number 9383.
• Lutz Kilian & Xiaoqing Zhou, 2021, "The Impact of Rising Oil Prices on U.S. Inflation and Inflation Expectations in 2020-23," CESifo Working Paper Series, CESifo, number 9455.
• Beatriz González & Galo Nuño & Dominik Thaler & Silvia Albrizio, 2021, "Firm Heterogeneity, Capital Misallocation and Optimal Monetary Policy," CESifo Working Paper Series, CESifo, number 9465.
• Richhild Moessner, 2021, "Effects of Inflation Expectations on Inflation," CESifo Working Paper Series, CESifo, number 9467.
• Richhild Moessner, 2021, "Determinants of Inflation Expectations," CESifo Working Paper Series, CESifo, number 9485.
• Markus Demary & Timo Wollmershäuser & Gerit Vogt & Gertud R. Traud & Stefan Mütze & Thomas Mayer & Pascal Seiler & Lukas Haffert & Nils Redeker & Tobias Rommel, 2021, "Konsumstau, höhere Energiepreise, lockere Geldpolitik: Droht nach Corona die große Inflation?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, volume 74, issue 09, pages 03-26, September.
• Tsutomu Watanabe & Tomoyoshi Yabu, 2021, "Japan’s Voluntary Lockdown: Further Evidence Based on Age-Specific Mobile Location Data," CARF F-Series, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo, number CARF-F-508, Feb.
• Masashige Hamano & Francesco Zanetti, 2021, "Monetary Policy, Firm Heterogeneity, and Product Variety," Discussion Papers, Centre for Macroeconomics (CFM), number 2102, Jan.
• Ricardo Lagos & Shengxing Zhang, 2021, "The Limits of onetary Economics: On Money as a Latent Medium of Exchange," Discussion Papers, Centre for Macroeconomics (CFM), number 2104, Feb.
• Guido Ascari & Peder Beck-Friis & Anna Florio & Alessandro Gobbi, 2021, "Fiscal foresight and the effects of government spending: It’s all in the monetary-fiscal mix," Discussion Papers, Centre for Macroeconomics (CFM), number 2112, Mar.
• Guido Ascari & Luca Fosso, 2021, "The Inflation Rate Disconnect Puzzle: On the International Component of Trend Inflation and the Flattening of the Phillips Curve," Discussion Papers, Centre for Macroeconomics (CFM), number 2113, Apr.
• Silvia Miranda-Agrippino & Tsvetelina Nenova, 2021, "A Tale of Two Global Monetary Policies," Discussion Papers, Centre for Macroeconomics (CFM), number 2117, Aug.
• Roman Sustek, 2021, "A back-of-the-envelope analysis of house prices: Czech Republic, 2013-2021," Discussion Papers, Centre for Macroeconomics (CFM), number 2120, Oct.
• Roman Sustek, 2021, "Yield curve and the business cycle in conventional times," Discussion Papers, Centre for Macroeconomics (CFM), number 2122, Oct.
• Jorge Fornero & Markus Kirchner & Carlos Molina, 2021, "Estimating Shadow Policy Rates in a Small Open Economy and the Role of Foreign Factors," Working Papers Central Bank of Chile, Central Bank of Chile, number 915, May.
• Sebastian Diz & Mario Giarda & Damián Romero, 2021, "Inequality, Nominal Rigidities, and Aggregate Demand," Working Papers Central Bank of Chile, Central Bank of Chile, number 929, Oct.
• Semyon Malamud & Anna Cieslak & Andreas Schrimpf, 2021, "Optimal Transport of Information," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 21-15, Feb.
• Semyon Malamud & Andreas Schrimpf, 2021, "Persuasion by Dimension Reduction," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 21-69, Oct.
• Kjell G. Nyborg & Jiri Woschitz, 2021, "The Price of Money: How Collateral Policy Affects the Yield Curve," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 21-74, Nov.
• Oscar Arce & Miguel Garcia-Posada & Sergio Mayordomo & Steven Ongena, 2021, "Adapting lending policies in a “negative-for-long” scenario," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 21-75, Nov.
• Cécile Couharde & Carl Grekou, 2021, "Better Two Eyes than One: A Synthesis Classification of Exchange Rate Regimes," Working Papers, CEPII research center, number 2021-07, Oct.
• Rafael Cezar & Maéva Silvestrini, 2021, "Impact of the ECB Quantitative Easing on the International Investment Position," International Economics, CEPII research center, issue 165, pages 241-263.
• Sheng Zhu & Ella Kavanagh & Niall O'Sullivan, 2021, "Uncovering the implicit short-term inflation target of the Bank of England," International Economics, CEPII research center, issue 167, pages 120-135.
• Michael Zhemkov, 2021, "Nowcasting Russian GDP using forecast combination approach," International Economics, CEPII research center, issue 168, pages 10-24.
• Aymeric Ortmans & Fabien Tripier, 2021, "Quand la BCE a-t-elle stoppé la contagion de la Covid-19 aux marchés financiers ?," La Lettre du CEPII, CEPII research center, issue 416.
• Cécile Couharde & Carl Grekou, 2021, "Mieux caractériser les régimes de change pour comprendre leurs fragilités," La Lettre du CEPII, CEPII research center, issue 418.
• Karel Musil & Stanislav Tvrz & Jan Vlcek, 2021, "News versus Surprise in Structural Forecasting Models: Central Bankers' Practical Perspective," Research and Policy Notes, Czech National Bank, Research and Statistics Department, number 2021/02, Dec.
• Simona Malovana & Martin Hodula & Zuzana Gric & Josef Bajzik, 2021, "Macroprudential Policy in Central Banks: Integrated or Separate? Survey Among Academics and Central Bankers," Research and Policy Notes, Czech National Bank, Research and Statistics Department, number 2021/04, Dec.
• Jin Cao & Valeriya Dinger & Tomas Gomez & Zuzana Gric & Martin Hodula & Alejandro Jara & Ragnar Juelsrud & Karolis Liaudinskas & Simona Malovana & Yaz Terajima, 2021, "Monetary Policy Spillover to Small Open Economies: Is the Transmission Different under Low Interest Rates?," Working Papers, Czech National Bank, Research and Statistics Department, number 2021/6, Nov.
• Sergio Florez-Orrego, 2021, "Money Matters: Global banks, safe assets and monetary autonomy," Documentos CEDE, Universidad de los Andes, Facultad de Economía, CEDE, number 19153, Apr.
• David Augusto Montoya Ruiz, 2021, "Efecto de la pol√≠tica fiscal sobre la transmisi√≥n de la pol√≠tica monetaria a trav√©s de la desigualdad en el ingreso," Documentos CEDE, Universidad de los Andes, Facultad de Economía, CEDE, number 19560, Sep.
• Santiago Taboada & Emiliano Libman, 2021, "Sticky Inflationary Expectations and Inflation Targeting in (some) Emerging and Less Developed Economies," Revista Cuadernos de Economia, Universidad Nacional de Colombia, FCE, CID, volume 40, issue 82, pages 83-111.
• Camilo Rodríguez, 2021, "Financiarización de la política fiscal y su impacto sobre la deuda pública de Colombia entre 1996-2015," Revista Cuadernos de Economia, Universidad Nacional de Colombia, FCE, CID, volume 40, issue 82, pages 253-282.
• Esteban Cruz Hidalgo & Agust�n Mario, 2021, "Repensar la restricción externa en tiempos de pandemia: la política de empleador de última instancia para Lati- noamérica," Revista Cuadernos de Economia, Universidad Nacional de Colombia, FCE, CID, volume 40, issue 85, pages 999-1012.
• Ana María Iregui-Bohórquez & C�sar Anzola-Bravo & Luisa Fernanda Ball�n-Rubio & Valeria Bejarano-Salcedo & Eliana Gonz�lez-Molano & Anderson Grajales-Olarte & Alexander Guar�n-L�pez & Mar�a Alejandra , 2021, "¿Qué nos dicen las encuestas sobre la formación de expectativas de inflación?," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, issue 100, pages 1-95.
• Carlos Esteban Posada Posada & Wilman G�mez & Remberto Rhenals, 2021, "Caída y convergencia mundial de las tasas de inflación," Documentos de Trabajo de Valor Público, Universidad EAFIT, number 19129, Mar.
• Wilman Arturo Gómez Múnoz & Carlos Esteban Posada Posada & Remberto Rhenals Monterrosa, 2021, "Caída y convergencia mundial de las tasas de inflación," Borradores Departamento de Economía, Universidad de Antioquia, CIE, number 19618, Feb.
• A. Batz & J. Montes & J. Romero & P. Rubio, 2021, "Análisis de la transmisión de la tasa de interés de política monetaria en la tasa de interés de microcréditos en Colombia: discusiones de independencia," Documentos de trabajo - Alianza EFI, Alianza EFI, number 20041, Nov.
• Benchimol, Jonathan & Bounader, Lahcen, 2021, "Optimal Monetary Policy Under Bounded Rationality," Dynare Working Papers, CEPREMAP, number 67, Mar.
• Brandao-Marques, Luis & Narita, Machiko & Nier, Erlend & Gelos, Gaston, 2021, "Leaning Against the Wind: An Empirical Cost-Benefit Analysis," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15693, Jan.
• ÅžimÅŸek, Alp, 2021, "The Macroeconomics of Financial Speculation," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15733, Jan.
• Kuhn, Moritz & Bartscher, Alina & Schularick, Moritz & Wachtel, Paul, 2021, "Monetary policy and racial inequality," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15734, Feb.
• Gnan, Phillipp & Rieder, Kilian, 2022, "The (Not So) Quiet Period: Communication by ECB Decision-makers during Monetary Policy Blackout Days," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15735, Jun.
• Gelos, Gaston & Gornicka, Lucyna & Koepke, Robin & Sahay, Ratna & Sgherri, Silvia, 2021, "Capital Flows at Risk: Taming the Ebbs and Flows," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15842, Feb.
• Dietrich, Alexander & Müller, Gernot & Schoenle, Raphael, 2022, "The Expectations Channel of Climate Change: Implications for Monetary Policy," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15866, Jan.
• Whelan, Karl & Ryan, Ellen, 2021, "A Model of QE, Reserve Demand and the Money Multiplier," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15882, Mar.
• Poilly, Céline & Anna, Beliansk & Eyquem, Aurélien, 2021, "The Transmission Channels of Government Spending Uncertainty," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15894, Mar.
• Schorfheide, Frank & Aruoba, Boragan & Mlikota, Marko & Villalvazo, Sergio, 2021, "SVARs With Occasionally-Binding Constraints," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15923, Mar.
• Dellas, Harris & Tavlas, George, 2021, "On the Evolution of the Rules versus Discretion Debate," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15976, Mar.
• Honkapohja, Seppo & McClung, Nigel, 2021, "On Robustness of Average Inflation Targeting," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16001, Apr.
• Brandao-Marques, Luis & Casiraghi, Marco & Kamber, Gunes & Meeks, Roland & Gelos, Gaston, 2021, "Negative Interest Rate Policies: A Survey," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16016, Apr.
• Galí, Jordi & Andrade, Philippe & Le Bihan, Hervé & Matheron, Julien, 2021, "Should the ECB Adjust its Strategy in the Face of a Lower r*?," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16042, Apr.
• Ehrmann, Michael, 2021, "Point Targets, Tolerance Bands, or Target Ranges? Inflation Target Types and the Anchoring of Inflation Expectations," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16046, Apr.
• Smets, Frank & Coenen, Günter & Montes-Galdón, Carlos, 2021, "Effects of State-Dependent Forward Guidance, Large-Scale Asset Purchases and Fiscal Stimulus in a Low-Interest-Rate Environment," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16050, Apr.
• Lenza, Michele & Slacalek, Jirka, 2021, "How Does Monetary Policy Affect Income and Wealth Inequality? Evidence from Quantitative Easing in the Euro Area," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16079, Apr.
• Ostry, Jonathan D. & Furceri, Davide & Loungani, Prakash & Pizzuto, Pietro, 2021, "Will COVID-19 Have Long-Lasting Effects on Inequality? Evidence from Past Pandemics," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16122, May.
• Trigari, Antonella & Gorn, Alexey, 2021, "Assessing the Stabilizing Effects of Unemployment Benefit Extensions," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16125, May.
• Dedola, Luca & Ca’Zorzi, Michele & Georgiadis, Georgios & Jarocinski, Marek & Stracca, Livio & Strasser, Georg, 2021, "Making waves: Monetary policy and its asymmetric spillovers in a globalised world," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16134, May.
• Reichlin, Lucrezia & Ricco, Giovanni & Tarbé, Matthieu, 2021, "Monetary-Fiscal Crosswinds in the European Monetary Union," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16138, May.
• López-Salido, J David & Gust, Christopher & Herbst, Edward, 2021, "Short-term Planning, Monetary Policy, and Macroeconomic Persistence," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16141, May.
• Schelling, Tan & Towbin, Pascal, 2021, "Tiers of Joy? Reserve Tiering and Bank Behavior in a Negative-Rate Environment," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16191, May.
• Havranek, Tomas & Kolcunova, Dominika & Bajzik, Josef, 2021, "When Does Monetary Policy Sway House Prices? A Meta-Analysis," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16196, May.
• Walther, Ansgar & Dávila, Eduardo, 2021, "Prudential Policy with Distorted Beliefs," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16197, May.
• Auclert, Adrien & Rognlie, Matthew & Souchier, Martin & Straub, Ludwig, 2021, "Exchange Rates and Monetary Policy with Heterogeneous Agents: Sizing up the Real Income Channel," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16198, May.
• Rey, Hélène & Coimbra, Nuno & Kim, Daisoon, 2021, "Central Bank Policy and the Concentration of Risk: Empirical Estimates," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16221, Jun.
• Benigno, Pierpaolo & Benigno, Gianluca, 2021, "Interest, Reserves and Prices," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16222, Jun.
• Laeven, Luc & Jasova, Martina & Mendicino, Caterina & Peydró, José-Luis & Supera, Dominik, 2021, "Systemic Risk and Monetary Policy: The Haircut Gap Channel of the Lender of Last Resort," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16240, Jun.
• Lepetyuk, Vadym & Maliar, Serguei & Taylor, John, 2021, "The Power of Open-Mouth Policies," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16262, Jun.
• Chernov, Mikhail & Bauer, Michael, 2021, "Interest Rate Skewness and Biased Beliefs," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16274, Jun.
• Minford, Patrick & Wickens, Michael R. & Ou, Zhirong & Zhu, Zheyi, 2021, "The eurozone: what is to be done?," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16313, Jun.
• Obstfeld, Maurice, 2021, "The Global Capital Market Reconsidered," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16375, Jul.
• Bems, Rudolfs & Caselli, Francesca & Grigoli, Francesco & Gruss, Bertrand, 2021, "Expectations' Anchoring and Inflation Persistence," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16391, Jul.
• Wieladek, Tomasz & Weale, M, 2021, "Financial ‘Side Effects’ of QE and Conventional Monetary Policy Compared," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16395, Jul.
• Schmidt, Sebastian & Coenen, Günter & Montes-Galdón, Carlos, 2021, "Macroeconomic stabilisation and monetary policy effectiveness in a low-interest-rate environment," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16403, Jul.
• Orphanides, Athanasios & Hofmann, Boris & Lombardi, Marco & Mojon, Benoit, 2021, "Fiscal and monetary policy interactions in a low interest rate world," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 16411, Jul.