Research classified by Journal of Economic Literature (JEL) codes

---

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

2020

• Solikin M. Juhro & Bernard N. Iyke & Paresh K. Narayan, 2020, "Interdependence Between Monetary Policy And Asset Prices In Asean-5 Countries," Working Papers, Bank Indonesia, number WP/01/2020.
• Sekar Utami Setiastuti & Nur Muhammad Adhi Purwanto & Aryo Sasongko, 2020, "Exchange Rate Insulation Properties And The Role Of Macroprudential Policy In A Small Open Economy," Working Papers, Bank Indonesia, number WP/11/2020.
• Ferry Syarifuddin, 2020, "Macroeconomic Consequences Of Foreign Exchange Futures," Working Papers, Bank Indonesia, number WP/14/2020.
• Cheolbeom Park & Sookyung Park, 2020, "Reading a central banker's preference: A non parametric regression approach," Discussion Paper Series, Institute of Economic Research, Korea University, number 2007.
• Aurore BURIETZ & Matthieu PICAULT, 2020, "Lenders’ asymmetric reaction to the ECB’s non-standard policies in the syndicated loan market," Working Papers, IESEG School of Management, number 2020-ACF-03, May.
• Jérémie BERTRAND & Aurore BURIETZ & Laurent WEILL, 2020, "The Month-of-the-Year Effect in Corporate Lending," Working Papers, IESEG School of Management, number 2020-ACF-05, May.
• Olivier J Blanchard & Lawrence H. Summers, 2020, "Automatic stabilizers in a low-rate environment," Policy Briefs, Peterson Institute for International Economics, number PB20-2, Mar.
• Maurice Obstfeld, 2020, "Harry Johnson's "case for flexible exchange rates"—50 years later," Working Paper Series, Peterson Institute for International Economics, number WP20-12, Jul.
• Robert Z. Lawrence, 2020, "Trade surplus or deficit? Neither matters for changes in manufacturing employment shares," Working Paper Series, Peterson Institute for International Economics, number WP20-15, Sep.
• David Reifschneider & David Wilcox, 2020, "A program for strengthening the Federal Reserve's ability to fight the next recession," Working Paper Series, Peterson Institute for International Economics, number WP20-5, Mar.
• Kristin J. Forbes & Joseph E. Gagnon & Christopher G. Collins, 2020, "Low Inflation Bends the Phillips Curve around the World," Working Paper Series, Peterson Institute for International Economics, number WP20-6, Mar.

2019

• Yunpeng Sun & Jingjia Zhang, 2019, "Effectiveness of Monetary Policy in China: Evidence from Factor-Augmented Vector Autoregression Model," Frontiers of Economics in China-Selected Publications from Chinese Universities, Higher Education Press, volume 14, issue 3, pages 336-370, September.
• Guojin Chen & Runze Zhang & Xiangqin Zhao, 2019, "Economic Policy Uncertainty and Stock Risk Features," Frontiers of Economics in China-Selected Publications from Chinese Universities, Higher Education Press, volume 14, issue 3, pages 461-495, September.
• Hiroya Akiba, 2019, "Sustainability of Monetary-cum-Exchange Rate Policy in China," Frontiers of Economics in China-Selected Publications from Chinese Universities, Higher Education Press, volume 14, issue 4, pages 604-628, December.
• Falk Bräuning & Viacheslav Sheremirov, 2019, "Output Spillovers from U.S. Monetary Policy: The Role of International Trade and Financial Linkages," Working Papers, Federal Reserve Bank of Boston, number 19-15, Oct, DOI: 10.29412/res.wp.2019.15.
• Philippe Andrade & Filippo Ferroni, 2019, "Delphic and Odyssean Monetary Policy Shocks: Evidence from the Euro Area," Working Papers, Federal Reserve Bank of Boston, number 19-17, Jul, DOI: 10.29412/res.wp.2019.17.
• Philippe Andrade & Jordi Gali & Hervé Le Bihan & Julien Matheron, 2019, "The Optimal Inflation Target and the Natural Rate of Interest," Working Papers, Federal Reserve Bank of Boston, number 19-18, Oct, DOI: 10.29412/res.wp.2019.18.
• Vaishali Garga & Sanjay R. Singh, 2019, "Output Hysteresis and Optimal Monetary Policy," Working Papers, Federal Reserve Bank of Boston, number 19-19, Dec, DOI: 10.29412/res.wp.2019.19.
• Richard Ashley & Kwok Ping Tsang & Randal J. Verbrugge, 2019, "A New Look at Historical Monetary Policy and the Great Inflation through the Lens of a Persistence-Dependent Policy Rule," Working Papers, Federal Reserve Bank of Cleveland, number 18-14R, Jul, DOI: 10.26509/frbc-wp-201814r.
• Chengcheng Jia, 2019, "The Informational Effect of Monetary Policy and the Case for Policy Commitment," Working Papers, Federal Reserve Bank of Cleveland, number 19-07R, Apr, revised 09 May 2022, DOI: 10.26509/frbc-wp-201907r.
• Kristina Bluwstein & Michal Brzoza-Brzezina & Paolo Gelain & Marcin Kolasa, 2019, "Multiperiod Loans, Occasionally Binding Constraints, and Monetary Policy: A Quantitative Evaluation," Working Papers, Federal Reserve Bank of Cleveland, number 19-10, May, DOI: 10.26509/frbc-wp-201910.
• Yasuo Hirose & Takushi Kurozumi & Willem Van Zandweghe, 2019, "Monetary Policy and Macroeconomic Stability Revisited," Working Papers, Federal Reserve Bank of Cleveland, number 19-14, Jun, DOI: 10.26509/frbc-wp-201914.
• Carola Binder & Wesley Janson & Randal J. Verbrugge, 2019, "Thinking Outside the Box: Do SPF Respondents Have Anchored Inflation Expectations?," Working Papers, Federal Reserve Bank of Cleveland, number 19-15, Aug, DOI: 10.26509/frbc-wp-201915.
• Takushi Kurozumi & Willem Van Zandweghe, 2019, "A Theory of Intrinsic Inflation Persistence," Working Papers, Federal Reserve Bank of Cleveland, number 19-16, Aug, DOI: 10.26509/frbc-wp-201916.
• Chengcheng Jia, 2019, "Forward Guidance under Imperfect Information: Instrument Based or State Contingent?," Working Papers, Federal Reserve Bank of Cleveland, number 19-22, Nov, DOI: 10.26509/frbc-wp-201922.
• Rasmus Fatum & Naoko Hara & Yohei Yamamoto, 2019, "Negative Interest Rate Policy and the Influence of Macroeconomic News on Yields," Globalization Institute Working Papers, Federal Reserve Bank of Dallas, number 354, Jan, DOI: 10.24149/gwp354.
• Georgios Georgiadis & Feng Zhu, 2019, "Monetary Policy Spillovers, Capital Controls and Exchange Rate Flexibility, and the Financial Channel of Exchange Rates," Globalization Institute Working Papers, Federal Reserve Bank of Dallas, number 363, May, DOI: 10.24149/gwp363.
• Jonathan Benchimol & Irfan Qureshi, 2019, "Time-Varying Money Demand and Real Balance Effects," Globalization Institute Working Papers, Federal Reserve Bank of Dallas, number 364, Jun, DOI: 10.24149/gwp364.
• Georgios Georgiadis & Ben Schumann, 2019, "Dominant-Currency Pricing and the Global Output Spillovers from U.S. Dollar Appreciation," Globalization Institute Working Papers, Federal Reserve Bank of Dallas, number 368, Sep, DOI: 10.24149/gwp368.
• Ippei Fujiwara & Shunsuke Hori & Yuichiro Waki, 2019, "Generational War on Inflation: Optimal Inflation Rates for the Young and the Old," Globalization Institute Working Papers, Federal Reserve Bank of Dallas, number 372, Nov, DOI: 10.24149/gwp372.
• Stephen J. Cole & Enrique Martínez García, 2019, "The Effect of Central Bank Credibility on Forward Guidance in an Estimated New Keynesian Model," Globalization Institute Working Papers, Federal Reserve Bank of Dallas, number 375, Dec, revised 20 Mar 2021, DOI: 10.24149/gwp375r2.
• Jim Dolmas & Evan F. Koenig, 2019, "Two Measures of Core Inflation: A Comparison," Working Papers, Federal Reserve Bank of Dallas, number 1903, Feb, DOI: 10.24149/wp1903.
• Òscar Jordà & Alan M. Taylor, 2019, "Riders on the Storm," FRBSF Economic Letter, Federal Reserve Bank of San Francisco.
• Thomas M. Mertens & John C. Williams, 2019, "Monetary Policy Frameworks and the Effective Lower Bound on Interest Rates," Working Paper Series, Federal Reserve Bank of San Francisco, number 2019-01, Jun, DOI: 10.24148/wp2019-01.
• Jason Choi & Andrew Foerster, 2020, "Optimal Monetary Policy Regime Switches," Working Paper Series, Federal Reserve Bank of San Francisco, number 2019-3, Sep, DOI: 10.24148/wp2019-03.
• Thomas M. Mertens & John C. Williams, 2019, "Tying Down the Anchor: Monetary Policy Rules and the Lower Bound on Interest Rates," Working Paper Series, Federal Reserve Bank of San Francisco, number 2019-14, Aug, DOI: 10.24148/wp2019-14.
• Jens H. E. Christensen & Mark M. Spiegel, 2019, "Assessing Abenomics: Evidence from Inflation-Indexed Japanese Government Bonds," Working Paper Series, Federal Reserve Bank of San Francisco, number 2019-15, Oct, DOI: 10.24148/wp2019-15.
• Òscar Jordà & Alan M. Taylor, 2019, "Riders on the Storm," Working Paper Series, Federal Reserve Bank of San Francisco, number 2019-20, Sep, DOI: 10.24148/wp2019-20.
• Mauricio Ulate, 2019, "Going Negative at the Zero Lower Bound: The Effects of Negative Nominal Interest Rates," Working Paper Series, Federal Reserve Bank of San Francisco, number 2019-21, Aug, DOI: 10.24148/wp2019-21.
• Julia Bevilaqua & Galina Hale & Eric Tallman, 2019, "Corporate Yields and Sovereign Yields," Working Paper Series, Federal Reserve Bank of San Francisco, number 2019-23, Sep, DOI: 10.24148/wp2019-23.
• Jens H. E. Christensen & Nikola Mirkov, 2021, "The Safety Premium of Safe Assets," Working Paper Series, Federal Reserve Bank of San Francisco, number 2019-28, Feb, DOI: 10.24148/wp2019-28.
• Edward Nelson, 2019, "The Monetary Base in Allan Meltzer's Analytical Framework," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2019-001, Feb, DOI: 10.17016/FEDS.2019.001.
• Hess T. Chung & Etienne Gagnon & Taisuke Nakata & Matthias Paustian & Bernd Schlusche & James Trevino & Diego Vilán & Wei Zheng, 2019, "Monetary Policy Options at the Effective Lower Bound : Assessing the Federal Reserve's Current Policy Toolkit," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2019-003, Feb, DOI: 10.17016/FEDS.2019.003.
• Edward Nelson, 2019, "Karl Brunner and U.K. Monetary Debate," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2019-004, Feb, DOI: 10.17016/FEDS.2019.004.
• Ben S. Bernanke & Michael T. Kiley & John M. Roberts, 2019, "Monetary Policy Strategies for a Low-Rate Environment," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2019-009, Feb, DOI: 10.17016/FEDS.2019.009.
• Travis J. Berge & Damjan Pfajfar, 2019, "Duration Dependence, Monetary Policy Asymmetries, and the Business Cycle," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2019-020, Mar, DOI: 10.17016/FEDS.2019.020.
• Cynthia L. Doniger, 2019, "Do Greasy Wheels Curb Inequality?," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2019-021, Mar, DOI: 10.17016/FEDS.2019.021.
• Gianni Amisano & Oreste Tristani, 2019, "Uncertainty Shocks, Monetary Policy and Long-Term Interest Rates," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2019-024, Apr, DOI: 10.17016/FEDS.2019.024.
• Roger E. A. Farmer & Giovanni Nicolo, 2019, "Some International Evidence for Keynesian Economics Without the Phillips Curve," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2019-032, May, DOI: 10.17016/FEDS.2019.032.
• Philip Coyle & Taisuke Nakata, 2019, "Optimal Inflation Target with Expectations-Driven Liquidity Traps," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2019-036, May, DOI: 10.17016/FEDS.2019.036.
• Taisuke Nakata & Takeki Sunakawa, 2019, "Credible Forward Guidance," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2019-037, May, DOI: 10.17016/FEDS.2019.037.
• Bora Durdu & Alex Martin & Ilknur Zer, 2019, "The Role of U.S. Monetary Policy in Global Banking Crises," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2019-039, May, DOI: 10.17016/FEDS.2019.039.
• Christopher Curfman & John Kandrac, 2019, "The costs and benefits of liquidity regulations: Lessons from an idle monetary policy tool," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2019-041, May, DOI: 10.17016/FEDS.2019.041.
• Taisuke Nakata & Sebastian Schmidt, 2019, "Expectations-Driven Liquidity Traps: Implications for Monetary and Fiscal Policy," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2019-053, Jul, DOI: 10.17016/FEDS.2019.053.
• Miguel Ampudia & Skander J. van den Heuvel, 2019, "Monetary Policy and Bank Equity Values in a Time of Low and Negative Interest Rates," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2019-064, Aug, DOI: 10.17016/FEDS.2019.064.
• Timothy S. Hills & Taisuke Nakata & Sebastian Schmidt, 2019, "Effective Lower Bound Risk," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2019-077, Nov, DOI: 10.17016/FEDS.2019.077.
• Martin Bodenstein & James Hebden & Fabian Winkler, 2019, "Learning and Misperception: Implications for Price-Level Targeting," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2019-078, Nov, DOI: 10.17016/FEDS.2019.078.
• Chang Ma & John H. Rogers & Sili Zhou, 2019, "The Effect of the China Connect," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2019-087, Dec, DOI: 10.17016/FEDS.2019.087.
• Pablo A. Cuba-Borda & Sanjay R. Singh, 2019, "Understanding Persistent Stagnation," International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.), number 1243, Mar, DOI: 10.17016/IFDP.2019.1243.
• Seung Jung Lee & Lucy Qian Liu & Viktors Stebunovs, 2019, "Risk-Taking Spillovers of U.S. Monetary Policy in the Global Market for U.S. Dollar Corporate Loans," International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.), number 1251, Jul, DOI: 10.17016/IFDP.2019.1251.
• Francesco Ferrante & Matthias Paustian, 2019, "Household Debt and the Heterogeneous Effects of Forward Guidance," International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.), number 1267, Nov, DOI: 10.17016/IFDP.2019.1267.
• Jeffrey R. Campbell & Filippo Ferroni & Jonas D. M. Fisher & Leonardo Melosi, 2019, "The limits of forward guidance," Working Paper Series, Federal Reserve Bank of Chicago, number WP-2019-3, Mar, DOI: 10.21033/wp-2019-03.
• Francesco Bianchi & Leonardo Melosi & Matthias Rottner, 2019, "Hitting the Elusive Inflation Target," Working Paper Series, Federal Reserve Bank of Chicago, number WP-2019-7, Aug, DOI: 10.21033/wp-2019-07.
• Andrew Lee Smith, 2019, "Do Changes in Reserve Balances Still Influence the Federal Funds Rate?," Economic Review, Federal Reserve Bank of Kansas City, issue Q I, pages 5-34, DOI: 10.18651/ER/1q19Smith.
• Andrew Lee Smith, 2019, "How Many Reserves Does the Federal Reserve Need to Supply?," Macro Bulletin, Federal Reserve Bank of Kansas City, pages 1-3, March.
• Jason Brown & Colton Tousey, 2019, "Rising Market Concentration and the Decline of Food Price Shock Pass-Through to Core Inflation," Research Working Paper, Federal Reserve Bank of Kansas City, number RWP 19-02, Jun, DOI: 10.18651/RWP2019-02.
• Andrew Glover, 2019, "Negative Nominal Interest Rates Can Worsen Liquidity Traps," Research Working Paper, Federal Reserve Bank of Kansas City, number RWP 19-7, Oct, DOI: 10.18651/RWP2019-07.
• David Andolfatto & Andrew Spewak, 2019, "Understanding Lowflation," Review, Federal Reserve Bank of St. Louis, volume 101, issue 1, pages 1-26, DOI: 10.20955/r.101.1-26.
• Kristin J. Forbes, 2019, "How Have Shanghai, Saudi Arabia, and Supply Chains Affected U.S. Inflation Dynamics?," Review, Federal Reserve Bank of St. Louis, volume 101, issue 1, pages 27-44, DOI: doi.org/10.20955/r.101.27-43.
• Kevin L. Kliesen & Brian Levine & Christopher J. Waller, 2019, "Gauging Market Responses to Monetary Policy Communication," Review, Federal Reserve Bank of St. Louis, volume 101, issue 2, pages 69-91, DOI: 10.20955/r.101.69-91.
• Jim Dolmas & Evan F. Koenig, 2019, "Two Measures of Core Inflation: A Comparison," Review, Federal Reserve Bank of St. Louis, volume 101, issue 4, DOI: 10.20955/r.101.245-58.
• Fernando M. Martin, 2019, "How to Starve the Beast: Fiscal Policy Rules," Working Papers, Federal Reserve Bank of St. Louis, number 2019-026, Oct, revised 08 Aug 2023, DOI: 10.20955/wp.2019.026.
• Carlos Garriga & Finn E. Kydland & Roman Šustek, 2019, "MoNK: Mortgages in a New-Keynesian Model," Working Papers, Federal Reserve Bank of St. Louis, number 2019-32, Oct, DOI: 10.20955/wp.2019.032.
• Benjamin Pugsley & Hannah Rubinton, 2019, "Inequality in the Welfare Costs of Disinflation," Working Papers, Federal Reserve Bank of St. Louis, number 2020-021, Dec, revised 23 Sep 2021, DOI: 10.20955/wp.2020.021.
• Timothy J. Kehoe & Carlos Gustavo Machicado & José Peres-Cajías, 2019, "The Monetary and Fiscal History of Bolivia, 1960-2017," Staff Report, Federal Reserve Bank of Minneapolis, number 579, Feb, DOI: 10.21034/sr.579.
• Manuel Macera & Albert Marcet & Juan Pablo Nicolini, 2019, "On the Risk of Leaving the Euro," Working Papers, Federal Reserve Bank of Minneapolis, number 760, Aug.
• Samuel Hanson & David O. Lucca & Jonathan H. Wright, 2019, "The Sensitivity of Long-Term Interest Rates: A Tale of Two Frequencies," Liberty Street Economics, Federal Reserve Bank of New York, number 20190304, Mar.
• Thomas M. Mertens & John C. Williams, 2019, "Monetary policy frameworks and the effective lower bound on interest rates," Staff Reports, Federal Reserve Bank of New York, number 877, Jan.
• Domenico Giannone & Michele Lenza & Lucrezia Reichlin, 2019, "Money, credit, monetary policy, and the business cycle in the euro area: what has changed since the crisis?," Staff Reports, Federal Reserve Bank of New York, number 885, Apr.
• Thomas M. Mertens & John C. Williams, 2019, "Tying down the anchor: monetary policy rules and the lower bound on interest rates," Staff Reports, Federal Reserve Bank of New York, number 887, May.
• Tobias Adrian & Fernando M. Duarte & Federico Grinberg & Tommaso Mancini-Griffoli, 2019, "Monetary policy and financial conditions: a cross-country study," Staff Reports, Federal Reserve Bank of New York, number 890, Jun.
• Daniel J. Lewis, 2019, "Announcement-Specific Decompositions of Unconventional Monetary Policy Shocks and Their Macroeconomic Effects," Staff Reports, Federal Reserve Bank of New York, number 891, Jun.
• Michael Cai & Marco Del Negro & Edward P. Herbst & Ethan Matlin & Reca Sarfati & Frank Schorfheide, 2019, "Online Estimation of DSGE Models," Staff Reports, Federal Reserve Bank of New York, number 893, Aug.
• Todd Keister & Daniel R. Sanches, 2019, "Should Central Banks Issue Digital Currency?," Working Papers, Federal Reserve Bank of Philadelphia, number 19-26, Jun, DOI: 10.21799/frbp.wp.2019.26.
• Thomas A. Lubik & Christian Matthes & Elmar Mertens, 2019, "Indeterminacy and Imperfect Information," Working Paper, Federal Reserve Bank of Richmond, number 19-17, Oct.
• Piotr Zoch, 2019, "Macroprudential and monetary policy rules in a model with collateral constraints," GRAPE Working Papers, GRAPE Group for Research in Applied Economics, number 37.
• Bozhechkova Alexandra & Trunin Pavel & Knobel Alexander & Firanchuk Alexander & Burdyak Alexandra & Eliseeva Marina, 2019, "Monitoring of Russia's Economic Outlook," Monitoring of Russia's Economic Outlook. Trends and Challenges of Socio-Economic Development (In Russian), Gaidar Institute for Economic Policy, issue 1, pages 1-17, January.
• Bozhechkova Alexandra & Trunin Pavel & Knobel Alexander & Firanchuk Alexander & Burdyak Alexandra & Eliseeva Marina, 2019, "Monitoring of Russia's Economic Outlook," Monitoring of Russia's Economic Outlook. Trends and Challenges of Socio-Economic Development, Gaidar Institute for Economic Policy, issue 1, pages 1-16, January.
• Bozhechkova Alexandra & Kiyutsevskaya Anna & Trunin Pavel & Knobel Alexander, 2019, "Russia’s Monetary Policy in 2018," Published Papers, Gaidar Institute for Economic Policy, number ppaper-2019-960, revised 2019.
• Cormac Cawley & Marie Finnegan, 2019, "Transmission Channels of Central Bank Asset Purchases in the Irish Economy," Economies, MDPI, volume 7, issue 4, pages 1-25, September.
• Valentin Jouvanceau, 2019, "Quantitative Easing and Excess Reserves," Working Papers, Groupe d'Analyse et de Théorie Economique Lyon St-Etienne (GATE Lyon St-Etienne), Université de Lyon, number 1910.
• Valentin Jouvanceau, 2019, "New Evidence on the Effects of Quantitative Easing," Working Papers, Groupe d'Analyse et de Théorie Economique Lyon St-Etienne (GATE Lyon St-Etienne), Université de Lyon, number 1912.
• Romain Baeriswyl & Kene Boun My & Camille Cornand, 2019, "Double overreaction in beauty-contests with information acquisition: theory and experiment," Working Papers, Groupe d'Analyse et de Théorie Economique Lyon St-Etienne (GATE Lyon St-Etienne), Université de Lyon, number 1932.
• Behzad Diba & Olivier Loisel, 2019, "Pegging the Interest Rate on Bank Reserves: A Resolution of New Keynesian Puzzles and Paradoxes," Working Papers, Georgetown University, Department of Economics, number gueconwpa~19-19-05, Aug.
• Anne Kathrin Funk, 2019, "Quantitative easing in the euro area and SMEs' access to finance: Who benefits the most?," IHEID Working Papers, Economics Section, The Graduate Institute of International Studies, number 02-2019, Feb.
• Aakriti Mathur & Rajeswari Sengupta, 2019, "Analysing monetary policy statements of the Reserve Bank of India," IHEID Working Papers, Economics Section, The Graduate Institute of International Studies, number 08-2019, May.
• Aymen Makni, 2019, "A Macro-Model to Monetary Transmission Analysis in Tunisia," IHEID Working Papers, Economics Section, The Graduate Institute of International Studies, number 13-2019, Jun.
• Eduardo Levy Yeyati, 2019, "The Cost of Holding Foreign Exchange Reserves," Growth Lab Working Papers, Harvard's Growth Lab, number 141, May.
• Cesar Martinelli & Marco Vega, 2019, "The Economic Legacy of General Velasco: Long-Term Consequences of Interventionism," Working Papers, George Mason University, Interdisciplinary Center for Economic Science, number 1071, Mar, revised Dec 2019.
• Michael S. Lee-Browne, 2019, "Estimating monetary policy rules in small open economies," Working Papers, The George Washington University, The Center for Economic Research, number 2019-002, May.
• Antoine Mandel & Davoud Taghawi-Nejad & Vipin Veetil, 2019, "The price effects of monetary shocks in a network economy," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL, number halshs-02334593, Aug, DOI: 10.1016/j.jebo.2019.06.009.
• Antoine Mandel & Vipin P Veetil, 2019, "Monetary Dynamics in a Network Economy," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL, number halshs-02354576, Oct.
• Claudiu Tiberiu Albulescu & Dominique Pépin & Stephen M. Miller, 2019, "The micro-foundations of an open economy money demand: An application to the Central and Eastern European countries," Post-Print, HAL, number hal-01348842, Jun, DOI: 10.1016/j.jmacro.2019.01.002.
• Camille Cornand & Romain Baeriswyl & Bruno Ziliotto, 2019, "Observing and shaping the market: the dilemma of central banks," Post-Print, HAL, number hal-01644269, DOI: 10.1111/jmcb.12682.
• William Ginn & Marc Pourroy, 2019, "Optimal Monetary Policy in the Presence of Food Price Subsidies," Post-Print, HAL, number hal-01830769, Sep, DOI: 10.1016/j.econmod.2018.06.012.
• Dramane Coulibaly & Hubert Kempf, 2019, "Inflation targeting and the forward bias puzzle in emerging countries," Post-Print, HAL, number hal-01877454, DOI: 10.1016/j.jimonfin.2018.09.003.
• Jean-Guillaume Sahuc & Sarah Mouabbi, 2019, "Evaluating the Macroeconomic Effects of the ECB's Unconventional Monetary Policies," Post-Print, HAL, number hal-02055111, DOI: 10.1111/jmcb.12628.
• Antonia Lopez Villavicencio & Marc Pourroy, 2019, "Does Inflation Targeting Always Matter for the ERPT? A robust approach," Post-Print, HAL, number hal-02082568, Jun, DOI: 10.1016/j.jmacro.2019.04.004.
• Hamza Bennani, 2019, "Does People's Bank of China Communication Matter? Evidence from Stock Market Reaction," Post-Print, HAL, number hal-02127840, DOI: 10.1016/j.ememar.2019.05.002.
• Christophe Blot & Jérôme Creel & Paul Hubert & Fabien Labondance, 2020, "The role of ECB monetary policy and financial stress on Eurozone sovereign yields," Post-Print, HAL, number hal-02160378.
• Emna Trabelsi, 2019, "Do independence and transparency matter for bank development? A new lookup on emerging and developing countries," Post-Print, HAL, number hal-02162780, Apr.
• Lise Patureau & Céline Poilly, 2019, "Reforms and the real exchange rate: The role of pricing-to-market
  [Reforms and the Real Exchange Rate: The Role of Pricing-to-Market]," Post-Print, HAL, number hal-02194106, Jul, DOI: 10.1016/j.jinteco.2019.04.005.
• Alicia Garcia-Herrero & Eric Girardin & Arnoldo Lopez-Marmolejo, 2019, "Mexico’s Monetary Policy Communication and Money Markets," Post-Print, HAL, number hal-02402656, Feb, DOI: 10.5539/ijef.v11n2p81.
• Michael Brei & Ramon Moreno, 2019, "Reserve requirements and capital flows in Latin America," Post-Print, HAL, number hal-02504212, Dec, DOI: 10.1016/j.jimonfin.2019.102079.
• Jonathan Benchimol & André Fourçans, 2019, "Central bank losses and monetary policy rules: A DSGE investigation," Post-Print, HAL, number hal-02876656, May, DOI: 10.1016/j.iref.2019.01.010.
• I. Salle & Marc Alexandre Senegas & Murat Yildizoglu, 2019, "How transparent about its inflation target should a central bank be?: An agent-based model assessment," Post-Print, HAL, number hal-03026559, DOI: 10.1007/s00191-018-0558-4.
• Cristina Badarau & Ibrahima Sangare, 2019, "Exchange rate regimes in a liquidity trap," Post-Print, HAL, number hal-03270952, May, DOI: 10.1016/j.jimonfin.2018.12.014.
• Aurelien Leroy & Adrian Pop, 2019, "Macro-Financial Linkages: The Role of the Institutional Framework," Post-Print, HAL, number hal-03367548, Apr, DOI: 10.1016/j.jimonfin.2018.12.002.
• Alberto Caruso & Lucrezia Reichlin & Giovanni Ricco, 2019, "Financial and fiscal interaction in the Euro Area crisis: This time was different," Post-Print, HAL, number hal-03403613, Oct, DOI: 10.1016/j.euroecorev.2019.08.002.
• Christophe Blot & Jérôme Creel & Paul Hubert & Fabien Labondance, 2019, "The role of ECB monetary policy and financial stress on Eurozone sovereign yields," Post-Print, HAL, number hal-03403623, May, DOI: 10.1007/s00181-019-01717-1.
• Antoine Mandel & Davoud Taghawi-Nejad & Vipin Veetil, 2019, "The price effects of monetary shocks in a network economy," Post-Print, HAL, number halshs-02334593, Aug, DOI: 10.1016/j.jebo.2019.06.009.
• Camille Cornand & Frank Heinemann, 2022, "Monetary policy obeying the Taylor principle turns prices into strategic substitutes," Post-Print, HAL, number halshs-02354324, Aug, DOI: 10.1016/j.jebo.2019.10.022.
• Antoine Mandel & Vipin P Veetil, 2019, "Monetary Dynamics in a Network Economy," Post-Print, HAL, number halshs-02354576, Oct.
• Jean-Bernard Chatelain & Kirsten Ralf, 2019, "A Simple Algorithm for Solving Ramsey Optimal Policy with Exogenous Forcing Variables," PSE-Ecole d'économie de Paris (Postprint), HAL, number hal-01577606, Oct.
• Antoine Mandel & Davoud Taghawi-Nejad & Vipin Veetil, 2019, "The price effects of monetary shocks in a network economy," PSE-Ecole d'économie de Paris (Postprint), HAL, number halshs-02334593, Aug, DOI: 10.1016/j.jebo.2019.06.009.
• Jean-Bernard Chatelain & Kirsten Ralf, 2019, "Ramsey Optimal Policy in the New-Keynesian Model with Public Debt," PSE Working Papers, HAL, number halshs-02278781, Sep.
• Jean-Bernard Chatelain & Kirsten Ralf, 2019, "Policy Maker's Credibility with Predetermined Instruments for Forward-Looking Targets," PSE Working Papers, HAL, number halshs-02371913, Nov.
• Paul Hubert, 2019, "State-Dependent Effects of Monetary Policy: The Central Bank Information Channel," Sciences Po Economics Publications (main), HAL, number hal-03403254, Feb.
• Paul Hubert & Fabien Labondance, 2019, "Central bank tone and the dispersion of views within monetary policy committees," Sciences Po Economics Publications (main), HAL, number hal-03403256, Nov.
• Fergus Cumming & Paul Hubert, 2019, "The role of households' borrowing constraints in the transmission of monetary policy," Sciences Po Economics Publications (main), HAL, number hal-03403257, Nov.
• Andrew Filardo & Paul Hubert & Phurichai Rungcharoenkitkul, 2019, "The reaction function channel of monetary policy and the financial cycle," Sciences Po Economics Publications (main), HAL, number hal-03403260, Oct.
• Alberto Caruso & Lucrezia Reichlin & Giovanni Ricco, 2019, "Financial and fiscal interaction in the euro area crisis: this time was different," Sciences Po Economics Publications (main), HAL, number hal-03403269, Jun.
• Lilit Popoyan & Mauro Napoletano & Andrea Roventini, 2019, "Winter is possibly not coming: mitigating financial instability in an agent-based model with interbank market," Sciences Po Economics Publications (main), HAL, number hal-03403274, Jul.
• Alberto Caruso & Lucrezia Reichlin & Giovanni Ricco, 2019, "Financial and fiscal interaction in the Euro Area crisis: This time was different," Sciences Po Economics Publications (main), HAL, number hal-03403613, Oct, DOI: 10.1016/j.euroecorev.2019.08.002.
• Christophe Blot & Jérôme Creel & Paul Hubert & Fabien Labondance, 2019, "The role of ECB monetary policy and financial stress on Eurozone sovereign yields," Sciences Po Economics Publications (main), HAL, number hal-03403623, May, DOI: 10.1007/s00181-019-01717-1.
• Hye-Jin Cho, 2019, "Market Imperfection: Credit Rationing and Excess Liquidity," Working Papers, HAL, number hal-02266107, Aug.
• Viral Acharya & Guillaume Plantin, 2019, "Monetary Easing, Investment and Financial Instability," Working Papers, HAL, number hal-03393106, Feb.
• Paul Hubert, 2019, "State-Dependent Effects of Monetary Policy: The Central Bank Information Channel," Working Papers, HAL, number hal-03403254, Feb.
• Paul Hubert & Fabien Labondance, 2019, "Central bank tone and the dispersion of views within monetary policy committees," Working Papers, HAL, number hal-03403256, Nov.
• Fergus Cumming & Paul Hubert, 2019, "The role of households' borrowing constraints in the transmission of monetary policy," Working Papers, HAL, number hal-03403257, Nov.
• Andrew Filardo & Paul Hubert & Phurichai Rungcharoenkitkul, 2019, "The reaction function channel of monetary policy and the financial cycle," Working Papers, HAL, number hal-03403260, Oct.
• Alberto Caruso & Lucrezia Reichlin & Giovanni Ricco, 2019, "Financial and fiscal interaction in the euro area crisis: this time was different," Working Papers, HAL, number hal-03403269, Jun.
• Lilit Popoyan & Mauro Napoletano & Andrea Roventini, 2019, "Winter is possibly not coming: mitigating financial instability in an agent-based model with interbank market," Working Papers, HAL, number hal-03403274, Jul.
• Whelsy Boungou, 2019, "Negative Interest Rates, Bank Profitability and Risk-taking," Working Papers, HAL, number hal-03456106, Jul.
• Jean-Guillaume Sahuc & Sarah Mouabbi, 2019, "Evaluating the Macroeconomic Effects of the ECB's Unconventional Monetary Policies," Working Papers, HAL, number hal-04141890.
• Biron Miguel & Felipe Córdova & Antonio Lemus, 2019, "Banks’ Business Model and Credit Supply in Chile: The Role of a State-Owned Bank," Working Papers, HAL, number hal-04141896.
• Erwan Gautier & Sébastien Roux & Milena Suarez Castillo, 2019, "Do Minimum Wages Make Wages more Rigid? Evidence from French Micro Data
  [Les salaires minima rendent-ils les salaires plus rigides? Résultats à partir de salaires individuels en France]," Working Papers, HAL, number hal-05397604, Nov.
• Valentin Jouvanceau, 2019, "Quantitative Easing and Excess Reserves," Working Papers, HAL, number halshs-02053237.
• Valentin Jouvanceau, 2019, "New Evidence on the Effects of Quantitative Easing," Working Papers, HAL, number halshs-02073826.
• Gilles Dufrénot & Meryem Rhouzlane & Etienne Vaccaro-Grange, 2019, "Potential Growth and Natural Yield Curve in Japan," Working Papers, HAL, number halshs-02091035, Apr.
• Jean-Bernard Chatelain & Kirsten Ralf, 2019, "Ramsey Optimal Policy in the New-Keynesian Model with Public Debt," Working Papers, HAL, number halshs-02278781, Sep.
• Etienne Vaccaro-Grange, 2019, "Quantitative Easing and the Term Premium as a Monetary Policy Instrument," Working Papers, HAL, number halshs-02359503, Nov.
• Jean-Bernard Chatelain & Kirsten Ralf, 2019, "Policy Maker's Credibility with Predetermined Instruments for Forward-Looking Targets," Working Papers, HAL, number halshs-02371913, Nov.
• Romain Baeriswyl & Kene Boun & Camille Cornand, 2019, "Double overreaction in beauty-contests with information acquisition: theory and experiment," Working Papers, HAL, number halshs-02372790.
• Adam Brzezinski & Yao Chen & Nuno Palma & Felix Ward, 2019, "The vagaries of the sea: evidence on the real effects of money from maritime disasters in the Spanish Empire," Working Papers, European Historical Economics Society (EHES), number 0170, Nov.
• Roth, Felix & Jonung, Lars, 2019, "Public Support for the Euro and Trust in the ECB. The First Two Decades of the Common Currency," Working Papers, Lund University, Department of Economics, number 2019:10, Jun.
• Andersson, Fredrik N. G. & Jonung, Lars, 2019, "The Tyranny of the Tenths. The Rise and Gradual Fall of Forward Guidance in Sweden 2007-2018," Working Papers, Lund University, Department of Economics, number 2019:14, Oct.
• Grytten, Ola Honningdal & Koilo, Viktoriia, 2019, "The Financial Instability Hypothesis and the Financial Crisis in Eastern European Emerging Economies," Discussion Paper Series in Economics, Norwegian School of Economics, Department of Economics, number 8/2019, Apr.
• Ankargren, Sebastian & Shahnazarian, Hovick, 2019, "The Interaction Between Fiscal and Monetary Policies: Evidence from Sweden," Working Paper Series, Sveriges Riksbank (Central Bank of Sweden), number 365, Feb, revised 01 Apr 2019.
• Billi, Roberto & Galí, Jordi, 2019, "Gains from Wage Flexibility and the Zero Lower Bound," Working Paper Series, Sveriges Riksbank (Central Bank of Sweden), number 367, Mar.
• Paulie, Charlotte, 2019, "Does Inflation Targeting Reduce the Dispersion of Price Setters’ Inflation Expectations?," Working Paper Series, Sveriges Riksbank (Central Bank of Sweden), number 370, Apr.
• Apel, Mikael & Blix Grimaldi, Marianna & Hull, Isaiah, 2019, "How Much Information Do Monetary Policy Committees Disclose? Evidence from the FOMC's Minutes and Transcripts," Working Paper Series, Sveriges Riksbank (Central Bank of Sweden), number 381, Nov.
• Paulie, Charlotte, 2019, "Does Inflation Targeting Reduce the Dispersion of Price Setters’ Inflation Expectations?," Working Paper Series, Uppsala University, Department of Economics, number 2018:16, Jan.
• Nikola Bokan & Rafael Ravnik, 2019, "Tromjesečni projekcijski model za Hrvatsku," Pregledi, Hrvatska narodna banka, Hrvatska, number 43, Sep.
• Mislav Brkić, 2019, "Banking Distress in Europe in the Context of the Global Financial Crisis – the Role of Capital Flows," Surveys, The Croatian National Bank, Croatia, number 36, Jun.
• Milan Deskar-Škrbić & Karlo Kotarac & Davor Kunovac, 2019, "The Third Round of the Euro Area Enlargement: Are the Candidates Ready?," Working Papers, The Croatian National Bank, Croatia, number 57, Jul.
• SURIANI & Fuad RIDZQI, 2019, "Effect Of Commodity Prices On Inflation Persistence: Partial Adjustment Approach," Regional Science Inquiry, Hellenic Association of Regional Scientists, volume 0, issue 2, pages 121-135, June.
• Payam MOHAMMAD ALIHA & Tamat SARMIDI & Fathin FAIZAH SAID, 2019, "Comparing The Forecasts Of The Demand For Money In Malaysia With The Inclusion Of Financial Innovation Using Different Estimation Methods," Regional Science Inquiry, Hellenic Association of Regional Scientists, volume 0, issue 3, pages 163-194, December.
• Efrem Castelnuovo, 2019, "Yield Curve and Financial Uncertainty: Evidence Based on US Data," Melbourne Institute Working Paper Series, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne, number wp2019n05, May.
• Efrem Castelnuovo, 2019, "Domestic and Global Uncertainty: A Survey and Some New Results," Melbourne Institute Working Paper Series, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne, number wp2019n13, Nov.
• Ragnheiður Jónsdóttir, 2019, "The Central Bank of Iceland's liquidity management system," Economics, Department of Economics, Central bank of Iceland, number wp79, Mar.
• Thórarinn G. Pétursson, 2019, "Long-term inflation expectations and inflation dynamics," Economics, Department of Economics, Central bank of Iceland, number wp81, Aug.
• Syed Muhammad Abdul Rehman Shah & Abdul Rashid, 2019, "The Credit Supply Channel Of Monetary Policy Transmission Mechanism: An Empirical Investigation Of Islamic Banks In Pakistan Versus Malaysia," Journal of Islamic Monetary Economics and Finance, Bank Indonesia, volume 5, issue 1, pages 21-36, February, DOI: https://doi.org/10.21098/jimf.v5i1..
• Muhammad Omer, 2019, "Monetary Policy Pass-Through, Excess Liquidity And Price Spillover: A Comparative Study Of Conventional And Islamic Banks Of Pakistan," Journal of Islamic Monetary Economics and Finance, Bank Indonesia, volume 5, issue 2, pages 287-320, July, DOI: https://doi.org/10.21098/jimf.v5i2..
• Solikin M. Juhro & Bernard Njindan Iyke, 2019, "Monetary Policy and Financial Conditions in Indonesia," Bulletin of Monetary Economics and Banking, Bank Indonesia, volume 21, issue 3, pages 283-302, January, DOI: https://doi.org/10.21098/bemp.v21i3.
• Kesavarajah Mayandy, 2019, "Monetary Policy Rules and Macroeconomic Stability: Evidence from Sri Lanka," Bulletin of Monetary Economics and Banking, Bank Indonesia, volume 22, issue 4, pages 485-506, December, DOI: https://doi.org/10.21098/bemp.v22i4.
• Mehmet Ezer, 2019, "Do Monetary Aggregates Belong in a Monetary Model? Evidence from the UK," Bulletin of Monetary Economics and Banking, Bank Indonesia, volume 22, issue 4, pages 509-530, December, DOI: https://doi.org/10.21098/bemp.v22i4.
• Ferry Syarifuddin & Prayudhi Azwar, 2019, "The Scope, Prospect And Implication Of New Form Of Financial Intermediation For Monetary Policy In Indonesia," Working Papers, Bank Indonesia, number WP/08/2019.
• Nur M. Adhi Purwanto & Ina Nurmalia Kurniati & Reni Indriani, 2018, "Pembangunan Model Makrofinansial Berbasis Dynamic Stochastic General Equilibrium Indonesia: Small Open Economy," Working Papers, Bank Indonesia, number WP/6/2018, Nov.
• Marco Bassetto, 2019, "Forward guidance: communication, commitment, or both?," IFS Working Papers, Institute for Fiscal Studies, number W19/20, Jul.
• Massimo Guidolin & Manuela Pedio, 2019, "Forecasting and Trading Monetary Policy Effects on the Riskless Yield Curve with Regime Switching Nelson†Siegel Models," Working Papers, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University, number 639.
• Chad P. Bown & Caroline Freund, 2019, "The Problem of US Labor Force Participation," Working Paper Series, Peterson Institute for International Economics, number WP19-1, Jan.
• Maurice Obstfeld, 2019, "Global Dimensions of US Monetary Policy," Working Paper Series, Peterson Institute for International Economics, number WP19-16, Oct.
• Patrick Honohan, 2019, "Should Monetary Policy Take Inequality and Climate Change into Account?," Working Paper Series, Peterson Institute for International Economics, number WP19-18, Oct.
• José De Gregorio, 2019, "Inflation Targets in Latin America," Working Paper Series, Peterson Institute for International Economics, number WP19-19, Nov.
• Md Gyasuddin Ansari & Rudra Sensarma, 2019, "US Monetary Policy, Oil and Gold Prices: Which has a greater impact on BRICS Stock Markets?," Working papers, Indian Institute of Management Kozhikode, number 343, Aug.
• Gobbi, Alessandro & Grazzini, Jakob, 2019, "A basic New Keynesian DSGE model with dispersed information: An agent-based approach," Journal of Economic Behavior & Organization, Elsevier, volume 157, issue C, pages 101-116, DOI: 10.1016/j.jebo.2017.12.015.
• Krustev, Georgi, 2019, "The natural rate of interest and the financial cycle," Journal of Economic Behavior & Organization, Elsevier, volume 162, issue C, pages 193-210, DOI: 10.1016/j.jebo.2018.12.024.
• Orland, Andreas & Roos, Michael W.M., 2019, "Price-setting with quadratic adjustment costs: Experimental evidence," Journal of Economic Behavior & Organization, Elsevier, volume 163, issue C, pages 88-116, DOI: 10.1016/j.jebo.2019.05.010.
• Mandel, Antoine & Taghawi-Nejad, Davoud & Veetil, Vipin P., 2019, "The price effects of monetary shocks in a network economy," Journal of Economic Behavior & Organization, Elsevier, volume 164, issue C, pages 300-316, DOI: 10.1016/j.jebo.2019.06.009.