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

• Jin, Hao & Xiong, Chen, 2021, "Fiscal stress and monetary policy stance in oil-exporting countries," Journal of International Money and Finance, Elsevier, volume 111, issue C, DOI: 10.1016/j.jimonfin.2020.102302.
• Wang, Bin & Kwan, Yum K., 2021, "Measuring the natural rates of interest of OECD and BRICS economies: A time varying perspective," Journal of International Money and Finance, Elsevier, volume 112, issue C, DOI: 10.1016/j.jimonfin.2020.102326.
• Glocker, Christian & Piribauer, Philipp, 2021, "Digitalization, retail trade and monetary policy," Journal of International Money and Finance, Elsevier, volume 112, issue C, DOI: 10.1016/j.jimonfin.2020.102340.
• Ahmed, Rashad, 2021, "Monetary policy spillovers under intermediate exchange rate regimes," Journal of International Money and Finance, Elsevier, volume 112, issue C, DOI: 10.1016/j.jimonfin.2020.102342.
• Dahlhaus, Tatjana & Vasishtha, Garima, 2021, "Reprint: Monetary policy news in the US: Effects on emerging market capital flows," Journal of International Money and Finance, Elsevier, volume 114, issue C, DOI: 10.1016/j.jimonfin.2021.102403.
• Hwang, In Do & Lustenberger, Thomas & Rossi, Enzo, 2021, "Does communication influence executives’ opinion of central bank policy?☆," Journal of International Money and Finance, Elsevier, volume 115, issue C, DOI: 10.1016/j.jimonfin.2021.102393.
• Dées, Stéphane & Galesi, Alessandro, 2021, "The Global Financial Cycle and US monetary policy in an interconnected world," Journal of International Money and Finance, Elsevier, volume 115, issue C, DOI: 10.1016/j.jimonfin.2021.102395.
• Le, Vo Phuong Mai & Matthews, Kent & Meenagh, David & Minford, Patrick & Xiao, Zhiguo, 2021, "Shadow banks, banking policies and China’s macroeconomic fluctuations," Journal of International Money and Finance, Elsevier, volume 116, issue C, DOI: 10.1016/j.jimonfin.2021.102415.
• Dossani, Asad, 2021, "Central bank tone and currency risk premia," Journal of International Money and Finance, Elsevier, volume 117, issue C, DOI: 10.1016/j.jimonfin.2021.102424.
• Chen, Hung-Ju, 2021, "Innovation and FDI: Does the target of intellectual property rights protection matter?," Journal of International Money and Finance, Elsevier, volume 118, issue C, DOI: 10.1016/j.jimonfin.2021.102458.
• Hudepohl, Tom & van Lamoen, Ryan & de Vette, Nander, 2021, "Quantitative easing and exuberance in stock markets: Evidence from the euro area," Journal of International Money and Finance, Elsevier, volume 118, issue C, DOI: 10.1016/j.jimonfin.2021.102471.
• Lakdawala, Aeimit, 2021, "The growing impact of US monetary policy on emerging financial markets: Evidence from India," Journal of International Money and Finance, Elsevier, volume 119, issue C, DOI: 10.1016/j.jimonfin.2021.102478.
• Abdul RASHID & Farah WAHEED, 2021, "Forward-Backward-Looking Monetary Policy Rules: Derivation and Empirics," Journal for Economic Forecasting, Institute for Economic Forecasting, volume 0, issue 1, pages 71-92, December.
• Alina BOBAŞU & Bogdan MURARAȘU, 2021, "Fiscal and Monetary Policy Interactions in a DSGE Model for the Romanian Economy," Journal for Economic Forecasting, Institute for Economic Forecasting, volume 0, issue 2, pages 5-21, June.
• Thanabalasingam VINAYAGATHASAN & Xiangcai MENG, 2021, "The Time-Varying Tradeoff between Inflation and Unemployment: Evidence from SAARC Economies with a State Space Approach," Journal for Economic Forecasting, Institute for Economic Forecasting, volume 0, issue 3, pages 20-34, June.
• Selahattin TOGAY & Umit BULUT, 2021, "Anchoring of Inflation Expectations: The Case of Turkey," Journal for Economic Forecasting, Institute for Economic Forecasting, volume 0, issue 3, pages 5-19, June.
• Metin TETİK & Görkem KARA, 2021, "Measuring the Monetary Policy Stance in Turkey: Effects of Traditional and Non-Traditional Monetary Policy Instruments," Journal for Economic Forecasting, Institute for Economic Forecasting, volume 0, issue 3, pages 97-119, June.
• Maria Chiara Cucciniello & Matteo Deleidi & Enrico Sergio Levrero, 2021, "The cost channel of monetary policy: the case of the United States in the period 1959-2018," Departmental Working Papers of Economics - University 'Roma Tre', Department of Economics - University Roma Tre, number 0262, Jul.
• Luisa Corrado & Stefano Grassi & Enrico Minnella, 2021, "The Transmission Mechanism of Quantitative Easing: A Markov-Switching FAVAR Approach," CEIS Research Paper, Tor Vergata University, CEIS, number 520, Oct, revised 21 Oct 2021.
• Marco Onofri & Gert Peersman & Frank R. Smets, 2021, "The Effectiveness Of A Negative Interest Rate Policy," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium, Ghent University, Faculty of Economics and Business Administration, number 21/1015, May.
• Nicolas Soenen & Rudi Vander Vennet, 2021, "Determinants of European Banks Default Risk," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium, Ghent University, Faculty of Economics and Business Administration, number 21/1033, Nov.
• Yoseph Y. Getachew, 2021, "Social distancing in macroeconomic models," ERSA Working Paper Series, Economic Research Southern Africa, number 844, Jan.
• Nicola Viegi & Tumisang Loate-Ntsoko, 2021, "The transmission of monetary policy via the banks’ balance sheet – does bank size matter?," ERSA Working Paper Series, Economic Research Southern Africa, number 849, Jan.
• Johan Fourie & Jonathan Jayes, 2021, "Health inequality and the 1918 Influenza in South Africa," ERSA Working Paper Series, Economic Research Southern Africa, number 852, Feb.
• Tumisang Loate & Nicola Viegi, , "The transmission of monetary policy via the banks' balance sheet - does bank size matter?," ERSA Working Paper Series, Economic Research Southern Africa, number v::y:2021:i::id:77.
• Evgeniya Duzhak & Jody Hoff & Jane S. Lopus, 2021, "The Effects of the Chair the Fed Simulation on High School Students’ Knowledge," The American Economist, Sage Publications, volume 66, issue 1, pages 74-89, March, DOI: 10.1177/0569434520971193.
• Ashima Goyal & Prashant Parab, 2021, "Central Bank Communications and Professional Forecasts: Evidence From India," Journal of Emerging Market Finance, Institute for Financial Management and Research, volume 20, issue 3, pages 308-336, December, DOI: 10.1177/09726527211044056.
• Mustafa Ozan Yıldırım & Mehmet Ä°vrendi, 2021, "Turkish Housing Market Dynamics: An Estimated DSGE Model," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, volume 15, issue 2, pages 238-267, May, DOI: 10.1177/0973801021990396.
• Jugnu Ansari & Saibal Ghosh, 2021, "Monetary Policy Pass-through, Ownership and Crisis: How Robust is the Indian Evidence?," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, volume 15, issue 4, pages 456-483, November, DOI: 10.1177/09738010211036276.
• Ayesh Ariyasinghe & N. S. Cooray, 2021, "The Nexus Of Foreign Reserves, Exchange Rate And Inflation: Recent Empirical Evidence From Sri Lanka," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, volume 22, issue 1, pages 29-72, March, DOI: 10.1177/1391561420987106.
• Pierpaolo Benigno & Paolo Canofari & Giovanni Di Bartolomeo & Marcello Messori, 2021, "The ECB's policy measures during the COVID-19 crisis," Working Papers in Public Economics, Department of Economics and Law, Sapienza University of Rome, number 207, Nov.
• O. Sukharev S. & О. Сухарев С., 2021, "Инвестиционная функция экономического роста России // Investment Function of Economic Growth in Russia," Финансы: теория и практика/Finance: Theory and Practice // Finance: Theory and Practice, ФГОБУВО Финансовый университет при Правительстве Российской Федерации // Financial University under The Government of Russian Federation, volume 25, issue 1, pages 35-50.
• Marek Dabrowski, 2021, "Thinking Beyond the Pandemic: Monetary Policy Challenges in the Medium- to Long-Term," CASE Reports, CASE-Center for Social and Economic Research, number 0504, Apr.
• Minjie Deng & Min Fang, 2021, "Debt Maturity Heterogeneity and Investment Responses to Monetary Policy," Discussion Papers, Department of Economics, Simon Fraser University, number dp21-17, Dec.
• Joanna Niedźwiedzińska, 2021, "Initial Monetary Policy Response to the COVID-19 Pandemic in Inflation Targeting Economies," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 4, pages 125-165.
• Marcin Kolasa & Dominik Supera, 2021, "Central bank credibility, long-term yields and the effects of monetary integration," KAE Working Papers, Warsaw School of Economics, Collegium of Economic Analysis, number 2021-061, Jan, DOI: 10.33119/kaewps2021061.
• Marcin Bielecki & Michał Brzoza-Brzezina & Marcin Kolasa, 2021, "Intergenerational redistributive effects of monetary policy," KAE Working Papers, Warsaw School of Economics, Collegium of Economic Analysis, number 2021-064, Mar, DOI: 10.33119/kaewps2021064.
• Maciej Stefański, 2021, "Macroeconomic Effects of Quantitative Easing Using Mid-sized Bayesian Vector Autoregressions," KAE Working Papers, Warsaw School of Economics, Collegium of Economic Analysis, number 2021-068, Oct, DOI: 10.33119/kaewps2021068.
• Olli-Matti Laine, 2021, "The Effect of Targeted Monetary Policy on Bank Lending," Journal of Banking and Financial Economics, University of Warsaw, Faculty of Management, volume 1, issue 15, pages 25-43, April.
• Jens H. E. Christensen & Nikola Mirkov, 2021, "The safety premium of safe assets," Working Papers, Swiss National Bank, number 2021-02.
• David Chaum & Christian Grothoff & Thomas Moser, 2021, "How to issue a central bank digital currency," Working Papers, Swiss National Bank, number 2021-03.
• Romain Baeriswyl & Lucas Marc Fuhrer & Petra Gerlach & Jörn Tenhofen, 2021, "The dynamics of bank rates in a negative-rate environment - the Swiss case," Working Papers, Swiss National Bank, number 2021-05.
• Winfried Koeniger & Benedikt Lennartz & Marc-Antoine Ramelet, 2021, "On the transmission of monetary policy to the housing market," Working Papers, Swiss National Bank, number 2021-06.
• Lucas Marc Fuhrer & Nils Herger, 2021, "Real interest rates and demographic developments across generations: A panel-data analysis over two centuries," Working Papers, Swiss National Bank, number 2021-07.
• Angela Abbate & Dominik Thaler, 2021, "Optimal monetary policy with the risk-taking channel," Working Papers, Swiss National Bank, number 2021-09.
• Andreas Fuster & Tan Schelling & Pascal Towbin, 2021, "Tiers of joy? Reserve tiering and bank behavior in a negative-rate environment," Working Papers, Swiss National Bank, number 2021-10.
• Maxime Phillot & Samuel Reynard, 2021, "Monetary policy financial transmission and treasury liquidity premia," Working Papers, Swiss National Bank, number 2021-14.
• Romain Baeriswyl & Samuel Reynard & Alexandre Swoboda, 2021, "Retail CBDC purposes and risk transfers to the central bank," Working Papers, Swiss National Bank, number 2021-19.
• Jae Won Lee & Woong Yong Park, 2021, "Price Stickiness Heterogeneity and Equilibrium Determinacy," Working Paper Series, Institute of Economic Research, Seoul National University, number no143, Oct.
• John Beirne & Yannis Dafermos & Alexander Kriwoluzky & Nuobu Renzhi & Ulrich Volz & Jana Wittich, 2021, "The Effects of Natural Disasters on Price Stability in the Euro Area," Working Papers, Department of Economics, SOAS University of London, UK, number 244, Nov.
• Ricardo D. Brito & Robison F. Kudamatsu & Vladimir K. Teles, 2021, "Inflation Targeting Mattered: a multivariate synthetic control approach," Working Papers, Department of Economics, University of São Paulo (FEA-USP), number 2021_26, Nov.
• Toshio Watanabe, 2021, "Reconsideration of the IS–LM model and limitations of monetary policy: a Tobin–Minsky model," Evolutionary and Institutional Economics Review, Springer, volume 18, issue 1, pages 103-129, April, DOI: 10.1007/s40844-020-00189-8.
• Siwen Zhou, 2021, "Exploring the driving forces of the Bitcoin currency exchange rate dynamics: an EGARCH approach," Empirical Economics, Springer, volume 60, issue 2, pages 557-606, February, DOI: 10.1007/s00181-019-01776-4.
• Gabriel Caldas Montes & José Américo Pereira Antunes & Alexei Ferreira Araújo, 2021, "Effects of monetary policy and credibility on financial intermediation: evidence from the Brazilian banking sector," Empirical Economics, Springer, volume 60, issue 3, pages 1191-1219, March, DOI: 10.1007/s00181-019-01790-6.
• Edilean Kleber da Silva Bejarano Aragón, 2021, "Specification errors, nonlinearities, and structural breaks in the Central Bank of Brazil’s reaction function," Empirical Economics, Springer, volume 60, issue 3, pages 1221-1243, March, DOI: 10.1007/s00181-019-01805-2.
• Victor Pontines, 2021, "The real effects of loan-to-value limits: empirical evidence from Korea," Empirical Economics, Springer, volume 61, issue 3, pages 1311-1350, September, DOI: 10.1007/s00181-020-01908-1.
• Darja Milic, 2021, "The impact of non-banking financial institutions on monetary policy transmission in Euro area," Empirical Economics, Springer, volume 61, issue 4, pages 1779-1817, October, DOI: 10.1007/s00181-020-01927-y.
• Andrejs Zlobins, 2021, "Macroeconomic effects of the ECB’S forward guidance," Empirical Economics, Springer, volume 61, issue 5, pages 2587-2611, November, DOI: 10.1007/s00181-020-01981-6.
• Martin Stojanovikj & Goran Petrevski, 2021, "Macroeconomic effects of inflation targeting in emerging market economies," Empirical Economics, Springer, volume 61, issue 5, pages 2539-2585, November, DOI: 10.1007/s00181-020-01987-0.
• Besma Hkiri & Juncal Cunado & Mehmet Balcilar & Rangan Gupta, 2021, "Time-varying relationship between conventional and unconventional monetary policies and risk aversion: international evidence from time- and frequency-domains," Empirical Economics, Springer, volume 61, issue 6, pages 2963-2983, December, DOI: 10.1007/s00181-020-02004-0.
• Ivan Hajdukovic, 2021, "Interactions among macroeconomic policies, the energy market and environmental quality," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, volume 23, issue 4, pages 861-913, October, DOI: 10.1007/s10018-021-00305-x.
• Amélie Barbier-Gauchard & Meixing Dai & Claire Mainguy & Jamel Saadaoui & Moïse Sidiropoulos & Isabelle Terraz & Jamel Trabelsi, 2021, "Towards a more resilient European Union after the COVID-19 crisis," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, volume 11, issue 2, pages 321-348, June, DOI: 10.1007/s40822-021-00167-4.
• Saeed Sazzad Jeris & Ridoy Deb Nath, 2021, "US banks in the time of COVID-19: fresh insights from the wavelet approach," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, volume 11, issue 2, pages 349-361, June, DOI: 10.1007/s40822-021-00171-8.
• Xiaowei Kong & Deng-Kui Si & Haiyang Li & Dongmin Kong, 2021, "Does access to credit reduce SMEs’ tax avoidance? Evidence from a regression discontinuity design," Financial Innovation, Springer;Southwestern University of Finance and Economics, volume 7, issue 1, pages 1-23, December, DOI: 10.1186/s40854-021-00235-3.
• Zekeriya Yildirim & Mehmet Ivrendi, 2021, "Spillovers of US unconventional monetary policy: quantitative easing, spreads, and international financial markets," Financial Innovation, Springer;Southwestern University of Finance and Economics, volume 7, issue 1, pages 1-38, December, DOI: 10.1186/s40854-021-00299-1.
• Joseph Ato Forson & Eric Ofosu-Dwamena & Rosemary Afrakomah Opoku & Samuel Evergreen Adjavon, 2021, "Employee motivation and job performance: a study of basic school teachers in Ghana," Future Business Journal, Springer, volume 7, issue 1, pages 1-12, December, DOI: 10.1186/s43093-021-00077-6.
• Olufemi Samuel Adegboyo & Sunday Anderu Keji & Oluwadamilola Tosin Fasina, 2021, "The impact of government policies on Nigeria economic growth (case of fiscal, monetary and trade policies)," Future Business Journal, Springer, volume 7, issue 1, pages 1-14, December, DOI: 10.1186/s43093-021-00104-6.
• Willem Thorbecke, 2021, "Non-traditional monetary policy and the future of the financial industries," International Journal of Economic Policy Studies, Springer, volume 15, issue 1, pages 5-21, February, DOI: 10.1007/s42495-020-00044-z.
• Yutaka Harada, 2021, "Non-traditional monetary policies and their effects on the economy," International Journal of Economic Policy Studies, Springer, volume 15, issue 1, pages 23-40, February, DOI: 10.1007/s42495-020-00045-y.
• Ashok Banerjee & Ayush Kanodia & Partha Ray, 2021, "Deciphering Indian inflationary expectations through text mining: an exploratory approach," Indian Economic Review, Springer, volume 56, issue 1, pages 49-66, June, DOI: 10.1007/s41775-021-00106-9.
• Olumuyiwa Tolulope Apanisile, 2021, "Remittances, financial development and the effectiveness of monetary policy transmission mechanism in Nigeria: a DSGE approach (1986–2018)," Indian Economic Review, Springer, volume 56, issue 1, pages 91-112, June, DOI: 10.1007/s41775-021-00110-z.
• Hamid Baghestani & Sehar Fatima, 2021, "Growth in US Durables Spending: Assessing the Impact of Consumer Ability and Willingness to Buy," Journal of Business Cycle Research, Springer;Centre for International Research on Economic Tendency Surveys (CIRET), volume 17, issue 1, pages 55-69, April, DOI: 10.1007/s41549-021-00053-7.
• Dimitris Kenourgios & Despoina Ntaikou, 2021, "ECB’s unconventional monetary policy and bank lending supply and performance in the euro area," Journal of Economics and Finance, Springer;Academy of Economics and Finance, volume 45, issue 2, pages 211-224, April, DOI: 10.1007/s12197-019-09503-6.
• Bernardino Adão & André C. Silva, 2021, "Government financing, inflation, and the financial sector," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), volume 71, issue 4, pages 1357-1396, June, DOI: 10.1007/s00199-020-01303-y.
• Severin Reissl, 2021, "Heterogeneous expectations, forecasting behaviour and policy experiments in a hybrid Agent-based Stock-flow-consistent model," Journal of Evolutionary Economics, Springer, volume 31, issue 1, pages 251-299, January, DOI: 10.1007/s00191-020-00683-7.
• Pami Dua & Deepika Goel, 2021, "Inflation Persistence in India," Journal of Quantitative Economics, Springer;The Indian Econometric Society (TIES), volume 19, issue 3, pages 525-553, September, DOI: 10.1007/s40953-021-00237-z.
• Pulapre Balakrishnan & M. Parameswaran, 2021, "Modelling Inflation in India," Journal of Quantitative Economics, Springer;The Indian Econometric Society (TIES), volume 19, issue 3, pages 555-581, September, DOI: 10.1007/s40953-021-00238-y.
• Nidhal Mgadmi & Slim Chaouachi & Wajdi Moussa & Azza Bejaoui, 2021, "Does the Tunisian Central Bank follow an augmented nonlinear Taylor rule?," SN Business & Economics, Springer, volume 1, issue 1, pages 1-15, January, DOI: 10.1007/s43546-020-00032-7.
• Chong-Chuo Chang & Kuen-Shiou Yang, 2021, "Loose monetary policy and firm uncertainty," SN Business & Economics, Springer, volume 1, issue 3, pages 1-27, March, DOI: 10.1007/s43546-021-00040-1.
• Ivan Lovrinović & Martina Solenički & Karlo Vujeva, 2021, "Central Bank’s Balance Sheet Management in Times of Systemic Crises," Springer Books, Springer, chapter 0, in: Neven Vidaković & Ivan Lovrinović, "Macroeconomic Responses to the COVID-19 Pandemic", DOI: 10.1007/978-3-030-75444-0_5.
• Friedrich L. Sell, 2021, "Flexibles Inflationsziel für die Geldpolitik: nur neuer Wein in alten Schläuchen?
  [Flexible Inflation Target for Monetary Policy]," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, volume 101, issue 1, pages 58-62, January, DOI: 10.1007/s10273-021-2826-4.
• Arne Hansen & Dirk Meyer, 2021, "EZB-Schuldverschreibungen — neue Verwendung für ein altes Instrument?
  [ECB Debt Certificates — New Use for an Old Instrument?]," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, volume 101, issue 9, pages 732-739, September, DOI: 10.1007/s10273-021-3008-0.
• Ioannis N. Kallianiotis, 2021, "Exchange Rate Determination: The Portfolio-Balance Approach," Journal of Applied Finance & Banking, SCIENPRESS Ltd, volume 11, issue 1, pages 1-2.
• Cheng-Wen Lee & Hao-Yuan Yu, 2021, "Money Supply, Inflation and Economic Growth in China: An ARDL Bounds Testing Approach," Journal of Applied Finance & Banking, SCIENPRESS Ltd, volume 11, issue 1, pages 1-5.
• Ioannis N. Kallianiotis, 2021, "Monetary Policy Rules vs Discretion: Social Cost and Benefits," Journal of Applied Finance & Banking, SCIENPRESS Ltd, volume 11, issue 5, pages 1-6.
• Dávila, Eduardo & Walther, Ansgar, 2021, "Prudential policy with distorted beliefs," ESRB Working Paper Series, European Systemic Risk Board, number 130, Dec.
• Pål Boug & Håvard Hungnes & Takamitsu Kurita, 2021, "The empirical modelling of house prices and debt revisited. A policy-oriented perspective," Discussion Papers, Statistics Norway, Research Department, number 967, Nov.
• Kirill Antropov & Ravil Akhmadeev & Olga Yurievna Voronkova & Xenia Kotova & Svetlana Khoruzhaya & Vladimir Mikhailovich Kurikov, 2021, "Identification of corruption risks in the banking sector of the economy," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, volume 9, issue 2, pages 123-133, December, DOI: 10.9770/jesi.2021.9.2(8).
• Hafis Ahmed oglu Hajiyev & Marina Stolyarova & Olga Kalacheva & Victoria Malitskaya & Yana Ivanova & Lyudmila Malysheva, 2021, "International Financial Reporting Standards' (IFRS) application peculiarities: a case study," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, volume 9, issue 2, pages 255-267, December, DOI: 10.9770/jesi.2021.9.2(17).
• Paul Levine & Stephen McKnight & Alexander Mihailov & Jonathan Swarbrick, 2021, "Limited Asset Market Participation and Monetary Policy in a Small Open Economy," School of Economics Discussion Papers, School of Economics, University of Surrey, number 0921, Oct.
• Singh, Aarti & Suda, Jacek & Zervou, Anastasia, 2021, "Heterogeneous labour market response to monetary policy: small versus large firms," Working Papers, University of Sydney, School of Economics, number 2021-07, Oct, revised Nov 2021.
• Monique Reid & Pierre Siklos, 2021, "The Bureau for Economic Research's inflation expectations surveys: Know your data," Working Papers, Stellenbosch University, Department of Economics, number 10/2021.
• Afees A. Salisu & Rangan Gupta, 2021, "Dynamic effects of monetary policy shocks on macroeconomic volatility in the United Kingdom," Applied Economics Letters, Taylor & Francis Journals, volume 28, issue 18, pages 1594-1599, October, DOI: 10.1080/13504851.2020.1834498.
• Hali Edison & Hector Carcel, 2021, "Text data analysis using Latent Dirichlet Allocation: an application to FOMC transcripts," Applied Economics Letters, Taylor & Francis Journals, volume 28, issue 1, pages 38-42, January, DOI: 10.1080/13504851.2020.1730748.
• Stephanie Titzck & Jan Willem van den End, 2021, "The impact of size, composition and duration of the central bank balance sheet on inflation expectations and market prices," The European Journal of Finance, Taylor & Francis Journals, volume 27, issue 12, pages 1186-1209, August, DOI: 10.1080/1351847X.2020.1866051.
• Christie Swanepoel & Philip T. Fliers, 2021, "The fuel of unparalleled recovery: Monetary policy in South Africa between 1925 and 1936," Economic History of Developing Regions, Taylor & Francis Journals, volume 36, issue 2, pages 213-244, May, DOI: 10.1080/20780389.2021.1945436.
• Ariel Dvoskin & Germán David Feldman, 2021, "On the Role of Finance in the Sraffian System," Review of Political Economy, Taylor & Francis Journals, volume 33, issue 2, pages 261-277, April, DOI: 10.1080/09538259.2020.1819013.
• Dirk Schoenmaker, 2021, "Greening monetary policy," Climate Policy, Taylor & Francis Journals, volume 21, issue 4, pages 581-592, April, DOI: 10.1080/14693062.2020.1868392.
• Gulnihal Tuzun, 2021, "The Importance of External Shocks and Global Monetary Conditions for A Small-Open Economy," Working Papers, Research and Monetary Policy Department, Central Bank of the Republic of Turkey, number 2109.
• Cem Ali Gokcen, 2021, "Assessing the Effects of Covid-19 Containment Measures on Manufacturing and Services Industries," Working Papers, Research and Monetary Policy Department, Central Bank of the Republic of Turkey, number 2118.
• Mert Gökcü, 2021, "Estimating Time-Varying Potential Output and NAIRU Using a Multivariate Filter for Turkey," Working Papers, Research and Monetary Policy Department, Central Bank of the Republic of Turkey, number 2139.
• Joseph Kopecky, 2021, "Okay Boomer... Excess Money Growth, Inflation, and Population Aging," Trinity Economics Papers, Trinity College Dublin, Department of Economics, number tep0721, Jun, revised Oct 2021.
• Davide Romelli & Hamza Bennani, 2021, "Disagreement inside the FOMC: New Insights from Tone Analysis," Trinity Economics Papers, Trinity College Dublin, Department of Economics, number tep1021, Sep.
• Guillaume Horny & Supriya Kapoor, 2021, "Investment Response to Monetary Policy in a Low Interest Rate Environment: Evidence from the ECB's Corporate QE," Trinity Economics Papers, Trinity College Dublin, Department of Economics, number tep1121, Oct.
• Junko Koeda & Yosuke Kimura, 2021, "Government Debt Maturity in Japan: 1965 to the Present," Working Papers, Tokyo Center for Economic Research, number e163, Sep.
• Loisel, Olivier, 2021, "The implementation of stabilization policy," Theoretical Economics, Econometric Society, volume 16, issue 2, May.
• Kocherlakota, Narayana R., 2021, "Bounds on price setting," Theoretical Economics, Econometric Society, volume 16, issue 3, July.
• van Buggenum, Hugo, 2021, "Coexistence of Money and Interest-Bearing Bonds," Discussion Paper, Tilburg University, Center for Economic Research, number 2021-019.
• Carreño Bustos, José & Uras, Burak, 2021, "Macro Welfare Effects of Flexible Labor Contracts," Discussion Paper, Tilburg University, Center for Economic Research, number 2021-030.
• Carreño Bustos, José & Uras, Burak, 2021, "Macro Welfare Effects of Flexible Labor Contracts," Other publications TiSEM, Tilburg University, School of Economics and Management, number b6157c76-fc4e-4154-92ed-1.
• Pascal Michaillat & Emmanuel Saez, 2021, "Resolving New Keynesian Anomalies with Wealth in the Utility Function," The Review of Economics and Statistics, MIT Press, volume 103, issue 2, pages 197-215, May, DOI: 10.1162/rest_a_00893.
• Florin O. Bilbiie, 2021, "Monetary Neutrality with Sticky Prices and Free Entry," The Review of Economics and Statistics, MIT Press, volume 103, issue 3, pages 492-504, July, DOI: 10.1162/rest_a_00898.
• Lena Dräger & Giang Nghiem, 2021, "Are Consumers' Spending Decisions in Line with A Euler Equation?," The Review of Economics and Statistics, MIT Press, volume 103, issue 3, pages 580-596, July, DOI: 10.1162/rest_a_00909.
• Collard, Fabrice & Boissay, Frédéric & Galì, Jordi & Manea, Cristina, 2021, "Monetary Policy and Endogenous Financial Crises," TSE Working Papers, Toulouse School of Economics (TSE), number 21-1277, Dec, revised Apr 2023.
• Thibaud Cargoet & Simon Cornée & Franck Martin & Tovonony Razafindrabe & Fabien Rondeau & Christophe Tavéra, 2021, "A Dual Banking Sector With Credit Unions and Traditional Banks : What Implications on Macroeconomic Performances?," Economics Working Paper Archive (University of Rennes & University of Caen), Center for Research in Economics and Management (CREM), University of Rennes, University of Caen and CNRS, number 2021-03, Nov.
• Luca Benati & Juan-Pablo Nicolini, 2021, "The Welfare Costs of Inflation," Diskussionsschriften, Universitaet Bern, Departement Volkswirtschaft, number dp2113, Aug.
• Ellen Ryan & Karl Whelan, 2021, "A Model of QE, Reserve Demand and the Money Multiplier," Working Papers, School of Economics, University College Dublin, number 202107, Feb.
• Karl Whelan, 2021, "Central Banks and Inflation: Where Do We Stand and How Did We Get Here?," Working Papers, School of Economics, University College Dublin, number 202120, Aug.
• Martin Blomhoff Holm & Pascal Paul & Andreas Tischbirek, 2021, "The Transmission of Monetary Policy under the Microscope," Journal of Political Economy, University of Chicago Press, volume 129, issue 10, pages 2861-2904, DOI: 10.1086/715416.
• Ömer Yalçinkaya & Ali Kemal Çelik & Hatira Sadeghzadeh Emsen, 2021, "The relationship between price and financial stability in new monetary policy designs: the case of the US using the TVP-SVAR model," Estudios de Economia, University of Chile, Department of Economics, volume 48, issue 2 Year 20, pages 249-276, December.
• Martin Bruns & Michele Piffer, 2021, "Monetary policy shocks over the business cycle: Extending the Smooth Transition framework," University of East Anglia School of Economics Working Paper Series, School of Economics, University of East Anglia, Norwich, UK., number 2021-07, Aug.
• 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.
• Bias Peter V. & Hall Joshua D., 2021, "A Test of Neo-Fisherism: 1964–2019," The B.E. Journal of Macroeconomics, De Gruyter, volume 21, issue 1, pages 221-251, January, DOI: 10.1515/bejm-2017-0234.
• Blattner Tobias S. & Swarbrick Jonathan M., 2021, "Monetary Policy and Cross-Border Interbank Market Fragmentation: Lessons from the Crisis," The B.E. Journal of Macroeconomics, De Gruyter, volume 21, issue 1, pages 323-368, January, DOI: 10.1515/bejm-2019-0097.
• Lin Tzu-Yu, 2021, "Asymmetric Effects of Monetary Policy," The B.E. Journal of Macroeconomics, De Gruyter, volume 21, issue 2, pages 425-447, June, DOI: 10.1515/bejm-2020-0084.
• Hasui Kohei, 2021, "Trend Growth and Robust Monetary Policy," The B.E. Journal of Macroeconomics, De Gruyter, volume 21, issue 2, pages 449-472, June, DOI: 10.1515/bejm-2020-0133.
• Ida Daisuke & Okano Mitsuhiro, 2021, "Delegating Optimal Monetary Policy Inertia in a Small-Open Economy," The B.E. Journal of Macroeconomics, De Gruyter, volume 21, issue 2, pages 473-507, June, DOI: 10.1515/bejm-2020-0181.
• 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.