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

2016

• Patricia Palhau Mora & Michael Januska, 2016, "On the Nexus of Monetary Policy and Financial Stability: Is the Financial System More Resilient?," Discussion Papers, Bank of Canada, number 16-12, DOI: 10.34989/sdp-2016-12.
• Denis Gorea & Oleksiy Kryvtsov & Tamon Takamura, 2016, "Leaning Within a Flexible Inflation-Targeting Framework: Review of Costs and Benefits," Discussion Papers, Bank of Canada, number 16-17, DOI: 10.34989/sdp-2016-17.
• Sami Alpanda & Alexander Ueberfeldt, 2016, "Should Monetary Policy Lean Against Housing Market Booms?," Staff Working Papers, Bank of Canada, number 16-19, DOI: 10.34989/swp-2017-19.
• Stefano Gnocchi & Luisa Lambertini, 2016, "Monetary Commitment and the Level of Public Debt," Staff Working Papers, Bank of Canada, number 16-3, DOI: 10.34989/swp-2017-3.
• Tomiyuki Kitamura & Tamon Takamura, 2016, "Output Comovement and Inflation Dynamics in a Two-Sector Model with Durable Goods: The Role of Sticky Information and Heterogeneous Factor Markets," Staff Working Papers, Bank of Canada, number 16-36, DOI: 10.34989/swp-2017-36.
• Michael Ehrmann & Jonathan Talmi, 2016, "Starting from a Blank Page? Semantic Similarity in Central Bank Communication and Market Volatility," Staff Working Papers, Bank of Canada, number 16-37, DOI: 10.34989/swp-2017-37.
• Gregory Bauer & Gurnain Pasricha & Rodrigo Sekkel & Yaz Terajima, 2016, "The Global Financial Cycle, Monetary Policies and Macroprudential Regulations in Small, Open Economies," Staff Working Papers, Bank of Canada, number 16-38, DOI: 10.34989/swp-2017-38.
• Simona Cociuba & Malik Shukayev & Alexander Ueberfeldt, 2016, "Managing Risk Taking with Interest Rate Policy and Macroprudential Regulations," Staff Working Papers, Bank of Canada, number 16-47, DOI: 10.34989/swp-2017-47.
• Serdar Kabaca, 2016, "Quantitative Easing in a Small Open Economy: An International Portfolio Balancing Approach," Staff Working Papers, Bank of Canada, number 16-55, DOI: 10.34989/swp-2017-55.
• Gregory Bauer & Eleonora Granziera, 2016, "Monetary Policy, Private Debt and Financial Stability Risks," Staff Working Papers, Bank of Canada, number 16-59, DOI: 10.34989/swp-2017-59.
• Simon Richards & Matthieu Verstraete, 2016, "Understanding Firms' Inflation Expectations Using the Bank of Canada's Business Outlook Survey," Staff Working Papers, Bank of Canada, number 16-7, DOI: 10.34989/swp-2017-7.
• Julien Champagne & Nikita Perevalov & Hope Pioro & Dany Brouillette & Andrew Agopsowicz, 2016, "The Complex Adjustment of the Canadian Economy to Lower Commodity Prices," Staff Analytical Notes, Bank of Canada, number 16-1, DOI: 10.34989/san-2016-1.
• João Barata Ribeiro Blanco Barroso, 2016, "Quantitative Easing and United States Investor Portfolio Rebalancing Towards Foreign Assets," Working Papers Series, Central Bank of Brazil, Research Department, number 420, Mar.
• Horacio Aguirre & Emilio Blanco, 2016, "Financial Stability and Macroprudential Policy: A Structural Model Evaluation of an Emerging Economy," BCRA Working Paper Series, Central Bank of Argentina, Economic Research Department, number 201671, Jan.
• Pablo Hernández de Cos & Aitor Lacuesta & Enrique Moral-Benito, 2016, "An exploration of real-time revisions of output gap estimates across European countries," Occasional Papers, Banco de España, number 1605, Jul.
• Fructuoso Borrallo & Ignacio Hernando & Javier Vallés, 2016, "The effects of us unconventional monetary policies in Latin America," Working Papers, Banco de España, number 1606, Mar.
• Alessandro Galesi & Omar Rachedi, 2016, "Structural transformation, services deepening, and the transmission of monetary policy," Working Papers, Banco de España, number 1615, Jul.
• Pablo Burriel & Alessandro Galesi, 2016, "Uncovering the heterogeneous effects of ecb unconventional monetary policies across euro area countries," Working Papers, Banco de España, number 1631, Dec.
• Ines Buono & Sara Formai, 2016, "The evolution of the anchoring of inflation expectations," Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area, number 321, Mar.
• Federico Barbiellini Amidei & Riccardo De Bonis & Miria Rocchelli & Alessandra Salvio & Massimiliano Stacchini, 2016, "Monetary aggregates in Italy since 1861: evidence from a new dataset," Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area, number 328, Apr.
• Alessio Ciarlone & Andrea Colabella, 2016, "Spillovers of the ECB's non-standard monetary policy into CESEE economies," Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area, number 351, Sep.
• Daniela Bragoli & Massimiliano Rigon & Francesco Zanetti, 2016, "Optimal inflation weights in the euro area," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1045, Jan.
• Edoardo Rainone & Francesco Vacirca, 2016, "Estimating the money market microstructure with negative and zero interest rates," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1059, Feb.
• Lorenzo Burlon & Andrea Gerali & Alessandro Notarpietro & Massimiliano Pisani, 2016, "Macroeconomic effectiveness of non-standard monetary policy and early exit. A model-based evaluation," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1074, Jul.
• Marco Casiraghi & Eugenio Gaiotti & Lisa Rodano & Alessandro Secchi, 2016, "A “reverse Robin Hood”? The distributional implications of non-standard monetary policy for Italian households," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1077, Jul.
• Pietro Cova & Patrizio Pagano & Massimiliano Pisani, 2016, "Global macroeconomic effects of exiting from unconventional monetary policy," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1078, Sep.
• Michele Loberto & Francesco Zollino, 2016, "Housing and credit markets in Italy in times of crisis," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1087, Oct.
• Lorenzo Burlon & Andrea Gerali & Alessandro Notarpietro & Massimiliano Pisani, 2016, "Non-standard monetary policy, asset prices and macroprudential policy in a monetary union," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1089, Oct.
• Tobal Martín & Yslas Renato, 2016, "Two Models of FX Market Interventions: The Cases of Brazil and Mexico," Working Papers, Banco de México, number 2016-14, Aug.
• Garcés Díaz Daniel, 2016, "Changes in Inflation Predictability in Major Latin American Countries," Working Papers, Banco de México, number 2016-20, Dec.
• Aguilar-Argaez Ana María & Elizondo Rocío & Roldán-Peña Jessica, 2016, "Break-Even-Inflation's Decomposition in Mexico," Working Papers, Banco de México, number 2016-22, Dec.
• Avella-Gómez, Mauricio, 2016, "De la Gran Depresión a la Segunda Guerra Mundial (1934-1945)," Chapters, Banco de la Republica de Colombia, chapter 3, "La economía colombiana en la Revista del Banco de la República, 1927-2015", DOI: 10.32468/Ebook.664-344-3.
• Avella-Gómez, Mauricio, 2016, "La posguerra hasta la creación de la Junta Monetaria (1946-1962)," Chapters, Banco de la Republica de Colombia, chapter 4, "La economía colombiana en la Revista del Banco de la República, 1927-2015", DOI: 10.32468/Ebook.664-344-3.
• Avella-Gómez, Mauricio, 2016, "Auge y depresión : 1923-1933," Chapters, Banco de la Republica de Colombia, chapter 2, "La economía colombiana en la Revista del Banco de la República, 1927-2015", DOI: 10.32468/Ebook.664-344-3.
• Avella-Gómez, Mauricio, 2016, "El panorama : la economía y las instituciones monetarias," Chapters, Banco de la Republica de Colombia, chapter 1, "La economía colombiana en la Revista del Banco de la República, 1927-2015", DOI: 10.32468/Ebook.664-344-3.
• Avella Gómez, Mauricio, 2016, "La economía colombiana en la Revista del Banco de la República, 1927-2015," Books, Banco de la Republica de Colombia, number 2016-12, ISBN: ARRAY(0x85492940), November, DOI: 10.32468/Ebook.664-344-3.
• Javier G. Gómez-Pineda, 2016, "Inflación de costos: las devaluaciones de los años cincuenta y el brote populista de 1963," Borradores de Economia, Banco de la Republica de Colombia, number 924, Feb, DOI: 10.32468/be.924.
• Hernando Vargas-Herrera, 2016, "Inflation Expectations and a Model-Based Core Inflation Measure in Colombia," Borradores de Economia, Banco de la Republica de Colombia, number 928, Feb, DOI: 10.32468/be.928.
• Bernardo Leyva-Uribe & Jose E. Gomez-Gonzalez & Oscar M. Valencia-Arana & Mauricio Villamizar-Villegas, 2016, "Efectos del Quantitative Easing sobre los retornos accionarios en mercados emergentes," Borradores de Economia, Banco de la Republica de Colombia, number 929, Feb, DOI: 10.32468/be.929.
• Hernán Rincón-Castro & Norberto Rodríguez-Niño, 2016, "Nonlinear Pass-Through of Exchange Rate Shocks on Inflation: A Bayesian Smooth Transition VAR Approach," Borradores de Economia, Banco de la Republica de Colombia, number 930, Mar, DOI: 10.32468/be.930.
• Jesús Bejarano & Franz Hamann & Diego Rodríguez, 2016, "Indicador de Inflación Básica a partir de un Modelo Semi-estructural con inflación de alimentos," Borradores de Economia, Banco de la Republica de Colombia, number 935, Mar, DOI: 10.32468/be.935.
• Enrique A. López-Enciso & Hernando Vargas-Herrera & Norberto Rodríguez-Niño, 2016, "La estrategia de inflación objetivo en Colombia. Una visión histórica," Borradores de Economia, Banco de la Republica de Colombia, number 952, Aug, DOI: 10.32468/be.952.
• Jose E. Gomez-Gonzalez & Ali M. Kutan & Jair N. Ojeda-Joya & María Camila Ortiz, 2016, "The Bank Lending Channel of Monetary Policy: Does the Financial Structure of Banks Matter," Borradores de Economia, Banco de la Republica de Colombia, number 953, Aug, DOI: 10.32468/be.953.
• J. Sebastián Amador-Torres, 2016, "Finance neutral potential output: an evaluation on an emerging market monetary policy context," Borradores de Economia, Banco de la Republica de Colombia, number 958, Sep, DOI: 10.32468/be.958.
• Alessio Ciarlone & Andrea Colabella, 2016, "Spillovers of the ECB's non-standard monetary policy into CESEE economies," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, volume 34, issue 81, pages 175-190, December, DOI: 10.1016/j.espe.2016.09.001.
• Milutin Ješić, 2016, "Uloga Fiskalnog Agenta U Uspešnosti Monetarnog Režima Targetiranja Inflacije (The Role Of Fiscal Agent In Success Of Inflation Targeting Monetary Regime)," Ekonomske ideje i praksa, Faculty of Economics and Business, University of Belgrade, issue 21, pages 77-97, June.
• A. Carriero & Sarah Mouabbi & E. Vangelista, 2016, "UK term structure decompositions at the zero lower bound," Working papers, Banque de France, number 589.
• N. Cassola & François Koulischer, 2016, "The Collateral Channel of Open Market Operations," Working papers, Banque de France, number 593.
• R. S.J. Koijen & François Koulischer & Benoit Nguyen & M. Yogo, 2016, "Quantitative Easing in the Euro Area: The Dynamics of Risk Exposures and the Impact on Asset Prices," Working papers, Banque de France, number 601.
• Virginie Coudert & Julien Idier, 2016, "An Early Warning System for Macro-prudential Policy in France," Working papers, Banque de France, number 609.
• S. Fries & Jean-Stéphane Mésonnier & Sarah Mouabbi & Jean-Paul Renne, 2016, "National natural rates of interest and the single monetary policy in the Euro Area," Working papers, Banque de France, number 611.
• ., 2016, "Les mesures de politique monétaire en zone euro, et leurs effets, depuis 2014," Bulletin de la Banque de France, Banque de France, issue 205, pages 5-24.
• Bignon, V. & Boissay, F. & Cahn, C. & Harpedanne De Belleville, L-M, 2016, "Les créances privées davantage éligibles au refinancement de l’Eurosystème Conséquences sur l’offre de crédit," Bulletin de la Banque de France, Banque de France, issue 206, pages 19-28.
• Grossmann-Wirth, V. & Vari, M., 2016, "Sortie de taux bas en situation d’excédent de liquidité : l’expérience de la Réserve fédérale américaine," Bulletin de la Banque de France, Banque de France, issue 206, pages 41-50.
• ., 2016, "Monetary policy measures in the euro area and their effects, since 2014," Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, issue 42, pages 5-23, Summer.
• V. Grossmann-Wirth & M. Vari, 2016, "Exiting low interest rates in a situation of excess liquidity: the experience of the Fed," Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, issue 43, pages 5-14, Autumn.
• V. Bignon & F. Boissay & C. Cahn & L.-M. Harpedanne de Belleville, 2016, "Extended eligibility of credit claims for Eurosystem refinancing Consequences for the supply of credit to companies," Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, issue 43, pages 15-23, Autumn.
• Majid M. Al-Sadoon, 2015, "Testing Subspace Granger Causality," Working Papers, Barcelona School of Economics, number 850, Nov.
• Luca Fornaro, 2016, "International Debt Deleveraging," Working Papers, Barcelona School of Economics, number 931, Oct.
• Hernando Vargas-Herrera, 2016, "Inflation expectations and a model-based core inflation measure in Colombia," BIS Papers chapters, Bank for International Settlements, in: Bank for International Settlements, "Inflation mechanisms, expectations and monetary policy".
• Teh Tian Huey & Daniel Chin Shen Li, 2016, "Measuring bank risk-taking behaviour - The risk-taking channel of Monetary Policy in Malaysia," IFC Working Papers, Bank for International Settlements, number 16, Nov.
• Leonardo Gambacorta & Hyun Song Shin, 2016, "Why bank capital matters for monetary policy," BIS Working Papers, Bank for International Settlements, number 558, Apr.
• Pavel Gertler & Boris Hofmann, 2016, "Monetary facts revisited," BIS Working Papers, Bank for International Settlements, number 566, Jun.
• Mikael Juselius & Claudio Borio & Piti Disyatat & Mathias Drehmann, 2016, "Monetary policy, the financial cycle and ultra-low interest rates," BIS Working Papers, Bank for International Settlements, number 569, Jul.
• Masazumi Hattori & Steven Kong & Frank Packer & Toshitaka Sekine, 2016, "The effects of a central bank's inflation forecasts on private sector forecasts: Recent evidence from Japan," BIS Working Papers, Bank for International Settlements, number 585, Sep.
• Dmitry Kreptsev & Alexey Porshakov & Sergey Seleznev & Andrey Sinyakov, 2016, "The equilibrium interest rate: a measurement for Russia," Bank of Russia Working Paper Series, Bank of Russia, number wps13, Jul.
• Meixing Dai, 2016, "Static And Dynamic Effects Of Central Bank Transparency," Bulletin of Economic Research, Wiley Blackwell, volume 68, issue 1, pages 55-78, January.
• Laurence Ball, 2016, "Ben Bernanke And The Zero Bound," Contemporary Economic Policy, Western Economic Association International, volume 34, issue 1, pages 7-20, January.
• Mauricio Villamizar-Villegas, 2016, "Identifying The Effects Of Simultaneous Monetary Policy Shocks," Contemporary Economic Policy, Western Economic Association International, volume 34, issue 2, pages 268-296, April.
• Richhild Moessner & Jakob de Haan & David-Jan Jansen, 2016, "Effectiveness Of Monetary Policy In Sweden," Contemporary Economic Policy, Western Economic Association International, volume 34, issue 4, pages 698-709, October.
• Hande Küçük & Pinar Özlü & İsmaİl Anil Talaslı & Deren Ünalmış & Canan Yüksel, 2016, "Interest Rate Corridor, Liquidity Management, And The Overnight Spread," Contemporary Economic Policy, Western Economic Association International, volume 34, issue 4, pages 746-761, October.
• Salem Abo-Zaid & Julio Garín, 2016, "Optimal Monetary Policy And Imperfect Financial Markets: A Case For Negative Nominal Interest Rates?," Economic Inquiry, Western Economic Association International, volume 54, issue 1, pages 215-228, January.
• Matthias Neuenkirch & Peter Tillmann, 2016, "Does A Good Central Banker Make A Difference?," Economic Inquiry, Western Economic Association International, volume 54, issue 3, pages 1541-1560, July.
• Daniel M. Rees & Penelope Smith & Jamie Hall, 2016, "A Multi-sector Model of the Australian Economy," The Economic Record, The Economic Society of Australia, volume 92, issue 298, pages 374-408, September.
• George S. Tavlas, 2016, "New Perspectives on the Great Depression: A Review Essay," International Finance, Wiley Blackwell, volume 19, issue 3, pages 353-374, December.
• Michael Hatcher & Patrick Minford, 2016, "Stabilisation Policy, Rational Expectations And Price-Level Versus Inflation Targeting: A Survey," Journal of Economic Surveys, Wiley Blackwell, volume 30, issue 2, pages 327-355, April.
• Salvatore Nisticò, 2016, "Optimal Monetary Policy And Financial Stability In A Non-Ricardian Economy," Journal of the European Economic Association, European Economic Association, volume 14, issue 5, pages 1225-1252, October.
• Masahiko Shibamoto, 2016, "Source of Underestimation of the Monetary Policy Effect: Re-Examination of the Policy Effectiveness in Japan's 1990s," Manchester School, University of Manchester, volume 84, issue 6, pages 795-810, December.
• César Calderón & Roberto Duncan & Klaus Schmidt-Hebbel, 2016, "Do Good Institutions Promote Countercyclical Macroeconomic Policies?," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, volume 78, issue 5, pages 650-670, October.
• Seedwell Hove & Albert Touna Mama & Fulbert Tchana Tchana, 2016, "Terms of Trade Shocks and Inflation Targeting in Emerging Market Economies," South African Journal of Economics, Economic Society of South Africa, volume 84, issue 1, pages 81-108, March.
• José Manuel Belbute & Leonardo Dia Massala & Júlio António Delgado, 2016, "Measuring Persistence in Inflation: Evidence For angola," South African Journal of Economics, Economic Society of South Africa, volume 84, issue 4, pages 594-606, December.
• Mewael F. Tesfaselassie & Eric Schaling, 2016, "On Determinacy and Learnability in a New Keynesian Model with Unemployment," South African Journal of Economics, Economic Society of South Africa, volume 84, issue 4, pages 607-623, December.
• Alexander Kriwoluzky & Christian A. Stoltenberg, 2016, "Nested Models and Model Uncertainty," Scandinavian Journal of Economics, Wiley Blackwell, volume 118, issue 2, pages 324-353, April.
• Oscar A. Díaz Quevedo & Ignacio Garrón Vedia, 2016, "Un modelo de equilibrio general estocástico dinámico para analizar el efecto de la política monetaria sobre el sistema financiero boliviano," Revista de Análisis del BCB, Banco Central de Bolivia, volume 24, issue 1, pages 147-192, June.
• Alejandra Natali Franco Rodriguez, 2016, "El rol conjunto de las políticas fiscal, monetaria y cambiaria en el crecimiento económico de Bolivia," Revista de Análisis del BCB, Banco Central de Bolivia, volume 25, issue 2, pages 111-140, July.
• Ragna Alstadheim & Øistein Røisland, 2016, "When preferences for a stable interest rate become self-defeating," Working Paper, Norges Bank, number 2016/8, May.
• Karsten R. Gerdrup & Frank Hansen & Tord Krogh & Junior Maih, 2016, "Leaning against the wind when credit bites back," Working Paper, Norges Bank, number 2016/9, Jun.
• Carlo Altavilla & Fabio Canova & Matteo Ciccarelli, 2016, "Mending the broken link: heterogeneous bank lending and monetary policy pass-through," Working Papers, Centre for Applied Macro- and Petroleum economics (CAMP), BI Norwegian Business School, number No 9/2016, Oct.
• Susanto Basu & Pierre De Leo, 2016, "Should Central Banks Target Investment Prices?," Boston College Working Papers in Economics, Boston College Department of Economics, number 910, Mar, revised 04 May 2017.
• Michael T. Belongia & Peter N. Ireland, 2016, "Circumventing the Zero Lower Bound with Monetary Policy Rules Based on Money," Boston College Working Papers in Economics, Boston College Department of Economics, number 911, May.
• Michael T. Belongia & Peter N. Ireland, 2016, "Targeting Constant Money Growth at the Zero Lower Bound," Boston College Working Papers in Economics, Boston College Department of Economics, number 913, May.
• Dongho Song, 2016, "Bond Market Exposures to Macroeconomic and Monetary Policy Risks," Boston College Working Papers in Economics, Boston College Department of Economics, number 915, May, revised 19 Jul 2016.
• Michael T. Belongia & Peter N. Ireland, 2016, "A Classical View of the Business Cycle," Boston College Working Papers in Economics, Boston College Department of Economics, number 921, Nov.
• Paul Hubert & Becky Maule, 2016, "Policy and macro signals as inputs to inflation expectation formation," Bank of England working papers, Bank of England, number 581, Jan.
• Marko Melolinna & Máté Tóth, 2016, "Output gaps, inflation and financial cycles in the United Kingdom," Bank of England working papers, Bank of England, number 585, Feb.
• Matthew Osborne, 2016, "Monetary policy and volatility in the sterling money market," Bank of England working papers, Bank of England, number 588, Apr.
• James Cloyne & Clodomiro Ferreira & Paolo Surico, 2016, "Monetary policy when households have debt: new evidence on the transmission mechanism," Bank of England working papers, Bank of England, number 589, Apr.
• Rashmi Harimohan & Michael McLeay & Garry Young, 2016, "Pass-through of bank funding costs to lending and deposit rates: lessons from the financial crisis," Bank of England working papers, Bank of England, number 590, Apr.
• William Tayler & Roy Zilberman, 2016, "Macroprudential regulation, credit spreads and the role of monetary policy," Bank of England working papers, Bank of England, number 599, Apr.
• John Barrdear & Michael Kumhof, 2016, "The macroeconomics of central bank issued digital currencies," Bank of England working papers, Bank of England, number 605, Jul.
• Martin Seneca, 2016, "Risk shocks close to the zero lower bound," Bank of England working papers, Bank of England, number 606, Aug.
• Ambrogio Cesa-Bianchi & Gregory Thwaites & Alejandro Vicondoa, 2016, "Monetary policy transmission in an open economy: new data and evidence from the United Kingdom," Bank of England working papers, Bank of England, number 615, Sep.
• Frederico Di Pace & Matthias Hertweck, 2016, "Labour market frictions, monetary policy and durable goods," Bank of England working papers, Bank of England, number 623, Oct.
• Andrew Haldane & Matt Roberts-Sklar & Tomasz Wieladek & Chris Young, 2016, "QE: The Story so far," Bank of England working papers, Bank of England, number 624, Oct.
• Silvia Miranda-Agrippino, 2016, "Unsurprising shocks: information, premia, and the monetary transmission," Bank of England working papers, Bank of England, number 626, Nov.
• Alex Haberis & Riccardo Masolo & Kate Reinold, 2016, "Deflation probability and the scope for monetary loosening in the United Kingdom," Bank of England working papers, Bank of England, number 627, Nov.
• Chak Hung Jack Cheng & Ching-Wai (Jeremy) Chiu, 2016, "Nonlinearities of mortgage spreads over the business cycles," Bank of England working papers, Bank of England, number 634, Dec.
• James R. Lothian & George S. Tavlas, 2016, "How Friedman and Schwartz became monetarists," Working Papers, Bank of Greece, number 207, May.
• George S. Tavlas, 2016, "New perspectives on the Great Depression: a review essay," Working Papers, Bank of Greece, number 212, Sep.
• Lars E.O. Svensson, 2016, "Inflation Targeting and "Leaning Against the Wind"," Israel Economic Review, Bank of Israel, volume 13, issue 1, pages 91-99.
• Eliezer Borenstein & David Elkayam, 2016, "Financial Distress and Unconventional Monetary Policy in Financially Open Economies," Bank of Israel Working Papers, Bank of Israel, number 2016.09, Jun.
• Nathan Sussman & Osnat Zohar, 2016, "Has Inflation Targeting Become Less Credible? Oil Prices, Global Aggregate Demand and Inflation Expectations during the Global Financial Crisis," Bank of Israel Working Papers, Bank of Israel, number 2016.13, Nov.
• Kousuke Nishino & Hiroki Yamamoto & Jun Kitahara & Takashi Nagahata, 2016, "Supplementary Paper Series for the "Comprehensive Assessment" (1): Developments in Inflation Expectations over the Three Years since the Introduction of Quantitative and Qualitative Monetary Easing (QQE)," Bank of Japan Review Series, Bank of Japan, number 16-E-13, Oct.
• Yoshiyuki Nakazono, 2016, "Inflation expectations and monetary policy under disagreements," Bank of Japan Working Paper Series, Bank of Japan, number 16-E-1, Jan.
• Arito Ono & Kosuke Aoki & Shinichi Nishioka & Kohei Shintani & Yosuke Yasui, 2016, "Long-term interest rates and bank loan supply: Evidence from firm-bank loan-level data," Bank of Japan Working Paper Series, Bank of Japan, number 16-E-2, Mar.
• Mitsuru Katagiri, 2016, "Forward Guidance as a Monetary Policy Rule," Bank of Japan Working Paper Series, Bank of Japan, number 16-E-6, Jun.
• Yuichiro Ito & Sohei Kaihatsu, 2016, "Effects of Inflation and Wage Expectations on Consumer Spending: Evidence from Micro Data," Bank of Japan Working Paper Series, Bank of Japan, number 16-E-7, Jun.
• Sohei Kaihatsu & Noriyuki Shiraki, 2016, "Firms' Inflation Expectations and Wage-setting Behaviors," Bank of Japan Working Paper Series, Bank of Japan, number 16-E-10, Jul.
• Masazumi Hattori & Steven Kong & Frank Packer & Toshitaka Sekine, 2016, "The effects of a central bank's inflation forecasts on private sector forecasts: Recent evidence from Japan," Bank of Japan Working Paper Series, Bank of Japan, number 16-E-11, Aug.
• Mitsuru Katagiri, 2016, "Coordination in Price Setting and the Zero Lower Bound: A Global Games Approach," Bank of Japan Working Paper Series, Bank of Japan, number 16-E-12, Aug.
• Kazutoshi Kan & Yui Kishaba & Tomohiro Tsuruga, 2016, "Supplementary Paper Series for the "Comprehensive Assessment" (3): Policy Effects since the Introduction of Quantitative and Qualitative Monetary Easing (QQE) -- Assessment Based on Bank of Japan's Large-scale Macroeconomic Model (Q-JEM) --," Bank of Japan Working Paper Series, Bank of Japan, number 16-E-15, Nov.
• Masayuki Inui & Sohei Kaihatsu, 2016, "The Power of Unconventional Monetary Policy in a Liquidity Trap," Bank of Japan Working Paper Series, Bank of Japan, number 16-E-16, Nov.
• Kwang Hwan Kim & Chang-kee Lee, 2016, "Marginal Efficiency of Investment (MEI) Shock and Comovement of Consumption (in Korean)," Economic Analysis (Quarterly), Economic Research Institute, Bank of Korea, volume 22, issue 4, pages 1-37, December.
• Yongho Lee & Youngman Yoon, 2016, "Central Bank Losses and Monetary Policy Implementation (in Korean)," Economic Analysis (Quarterly), Economic Research Institute, Bank of Korea, volume 22, issue 4, pages 109-147, December.
• Sungyup Chung, 2016, "Gender and Age Group Differences in Employment Responses to Monetary Policy Shocks (in Korean)," Working Papers, Economic Research Institute, Bank of Korea, number 2016-5, Apr.
• Jong Ku Kang, 2016, "The Relation Between Monetary and Macroprudential Policy," Working Papers, Economic Research Institute, Bank of Korea, number 2016-8, Jun.
• Jieun Lee & Jung-Min Kim & Jong Kook Shin, 2016, "US Interest Rate Policy Spillover and International Capital Flow: Evidence from Korea," Working Papers, Economic Research Institute, Bank of Korea, number 2016-21, Dec.
• Horváth Roman & Šmídková Kateřina & Zápal Jan, 2016, "Voting in Central Banks: Theory versus Stylized Facts," The B.E. Journal of Economic Analysis & Policy, De Gruyter, volume 16, issue 4, pages 1-62, October, DOI: 10.1515/bejeap-2015-0227.
• Varlik Serdar & Berument M. Hakan, 2016, "Credit channel and capital flows: a macroprudential policy tool? Evidence from Turkey," The B.E. Journal of Macroeconomics, De Gruyter, volume 16, issue 1, pages 145-170, January, DOI: 10.1515/bejm-2015-0052.
• Kimura Takeshi & Nakajima Jouchi, 2016, "Identifying conventional and unconventional monetary policy shocks: a latent threshold approach," The B.E. Journal of Macroeconomics, De Gruyter, volume 16, issue 1, pages 277-300, January, DOI: 10.1515/bejm-2015-0074.
• Best Gabriela & Kapinos Pavel, 2016, "Monetary policy and news shocks: are Taylor rules forward-looking?," The B.E. Journal of Macroeconomics, De Gruyter, volume 16, issue 2, pages 335-360, June, DOI: 10.1515/bejm-2014-0161.
• Blasselle Alexis & Poissonnier Aurélien, 2016, "The Taylor principle is valid under wage stickiness," The B.E. Journal of Macroeconomics, De Gruyter, volume 16, issue 2, pages 581-596, June, DOI: 10.1515/bejm-2014-0160.

2015

• Agata Wierzbowska, 2015, "Financial markets in CEE countries and their role in transmission of euro area monetary policy shocks," European Journal of Business and Economics, Central Bohemia University, volume 10, issue 2, pages 7321:10-732, January, DOI: 10.12955/ejbe.v10i2.732.
• Hyeongwoo Kim & Wen Shi & Kwang-Myoung Hwang, 2015, "Estimating Interest Rate Setting Behavior in Korea: A Constrained Ordered Choices Model Approach," Auburn Economics Working Paper Series, Department of Economics, Auburn University, number auwp2015-17, Nov.
• Firmin Doko Tchatoka & Nicolas Groshenny & Qazi Haque & Mark Weder, 2015, "Monetary Policy and Indeterminacy after the 2001 Slump," School of Economics and Public Policy Working Papers, University of Adelaide, School of Economics and Public Policy, number 2015-21, Dec.
• Jesús Fernández-Villaverde & Pablo Guerrón-Quintana & Keith Kuester & Juan Rubio-Ramírez, 2015, "Fiscal Volatility Shocks and Economic Activity," American Economic Review, American Economic Association, volume 105, issue 11, pages 3352-3384, November.
• Arunima Sinha, 2015, "FOMC Forward Guidance and Investor Beliefs," American Economic Review, American Economic Association, volume 105, issue 5, pages 656-661, May.
• Aloísio Araújo & Susan Schommer & Michael Woodford, 2015, "Conventional and Unconventional Monetary Policy with Endogenous Collateral Constraints," American Economic Journal: Macroeconomics, American Economic Association, volume 7, issue 1, pages 1-43, January.
• Lawrence J. Christiano & Martin S. Eichenbaum & Mathias Trabandt, 2015, "Understanding the Great Recession," American Economic Journal: Macroeconomics, American Economic Association, volume 7, issue 1, pages 110-167, January.
• Marco Del Negro & Marc P. Giannoni & Frank Schorfheide, 2015, "Inflation in the Great Recession and New Keynesian Models," American Economic Journal: Macroeconomics, American Economic Association, volume 7, issue 1, pages 168-196, January.
• Olivier Coibion & Yuriy Gorodnichenko, 2015, "Is the Phillips Curve Alive and Well after All? Inflation Expectations and the Missing Disinflation," American Economic Journal: Macroeconomics, American Economic Association, volume 7, issue 1, pages 197-232, January.
• Jordi Galí & Luca Gambetti, 2015, "The Effects of Monetary Policy on Stock Market Bubbles: Some Evidence," American Economic Journal: Macroeconomics, American Economic Association, volume 7, issue 1, pages 233-257, January.
• Lars E. O. Svensson, 2015, "The Possible Unemployment Cost of Average Inflation below a Credible Target," American Economic Journal: Macroeconomics, American Economic Association, volume 7, issue 1, pages 258-296, January.
• Mark Gertler & Peter Karadi, 2015, "Monetary Policy Surprises, Credit Costs, and Economic Activity," American Economic Journal: Macroeconomics, American Economic Association, volume 7, issue 1, pages 44-76, January.
• Simon Gilchrist & David López-Salido & Egon Zakrajšek, 2015, "Monetary Policy and Real Borrowing Costs at the Zero Lower Bound," American Economic Journal: Macroeconomics, American Economic Association, volume 7, issue 1, pages 77-109, January.
• Michael W. Klein & Jay C. Shambaugh, 2015, "Rounding the Corners of the Policy Trilemma: Sources of Monetary Policy Autonomy," American Economic Journal: Macroeconomics, American Economic Association, volume 7, issue 4, pages 33-66, October.
• Rüdiger Bachmann & Tim O. Berg & Eric R. Sims, 2015, "Inflation Expectations and Readiness to Spend: Cross-Sectional Evidence," American Economic Journal: Economic Policy, American Economic Association, volume 7, issue 1, pages 1-35, February.
• Jane E. Ihrig & Ellen E. Meade & Gretchen C. Weinbach, 2015, "Rewriting Monetary Policy 101: What's the Fed's Preferred Post-Crisis Approach to Raising Interest Rates?," Journal of Economic Perspectives, American Economic Association, volume 29, issue 4, pages 177-198, Fall.
• Meshach Jesse Aziakpono & Magdalene Kasyoka Wilson, 2015, "Interest Rate Pass-Through, Financial Structure And Monetary Policy In South Africa," The African Finance Journal, Africagrowth Institute, volume 17, issue 1, pages 67-90.
• Mohammed Amidu, 2015, "Do Banks In Sub-Saharan Africa With Market Power Benefits From Monetary Policy?," The African Finance Journal, Africagrowth Institute, volume 17, issue 2, pages 1-24.
• Dorfman, Jeffrey H., , "Is Money Neutral for Agriculture?," 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California, Agricultural and Applied Economics Association, number 204880, DOI: 10.22004/ag.econ.204880.
• Šoškić, Dejan, 2015, "Inflation Impact Of Food Prices: Case Of Serbia," Economics of Agriculture, Institute of Agricultural Economics, volume 62, issue 01, pages 1-11, March, DOI: 10.22004/ag.econ.200511.
• Hansen, Stephen & McMahon, Michael, , "Shocking language: Understanding the macroeconomic effects of central bank communication," Economic Research Papers, University of Warwick - Department of Economics, number 269727, DOI: 10.22004/ag.econ.269727.
• McMahon, Michael & Peiris, Udara & Polemarchakis, Herakles, , "Perils of Quantitative Easing," Economic Research Papers, University of Warwick - Department of Economics, number 270005, DOI: 10.22004/ag.econ.270005.
• Buttz, Nick & Churmz, Rohan & McMahon, Michael & Morotzz, Arpad & Schanz, Jochen, , "QE and the Bank Lending Channel in the United Kingdom," Economic Research Papers, University of Warwick - Department of Economics, number 270021, DOI: 10.22004/ag.econ.270021.
• Anwar Khayat, 2015, "Negative Policy Rates, Banking Flows and Exchange Rates," AMSE Working Papers, Aix-Marseille School of Economics, France, number 1538, Sep, revised Sep 2015.
• Andreea Maria CIOBANU, 2015, "Romania`s Eurozone Entry and the Fulfillment of the Institutional Criterion," Finante - provocarile viitorului (Finance - Challenges of the Future), University of Craiova, Faculty of Economics and Business Administration, volume 1, issue 17, pages 167-175, December.
• Lecturer Andreea Maria Ciobanu, Ph. D, 2015, "Romania On The Way To Eurozone: The Accession Deadline," Revista Tinerilor Economisti (The Young Economists Journal), University of Craiova, Faculty of Economics and Business Administration, volume 1, issue 24, pages 105-112, APRIL.
• Piotr Ciżkowicz & Andrzej Rzońca, 2015, "Inflation Targeting and its Discontents: The Case of Poland," Acta Oeconomica, Akadémiai Kiadó, Hungary, volume 65, issue supplemen, pages 107-122, December.
• Zack, Guido, 2015, "The role of macroeconomic policies in periods of growth and deceleration in Latin America," Revista de Economía Política de Buenos Aires, Universidad de Buenos Aires, Facultad de Ciencias Económicas, Instituto Interdisciplinario de Economía Política IIEP (UBA-CONICET), issue 14, pages 109-134, December.
• Hommes, C.H. & Makarewicz, T.A. & Massaro, D. & Smits, T., 2015, "Genetic Algorithm Learning in a New Keynesian Macroeconomic Setup," CeNDEF Working Papers, Universiteit van Amsterdam, Center for Nonlinear Dynamics in Economics and Finance, number 15-01.
• Hommes, C.H. & Lustenhouwer, J., 2015, "Inflation Targeting and Liquidity Traps under Endogenous Credibility," CeNDEF Working Papers, Universiteit van Amsterdam, Center for Nonlinear Dynamics in Economics and Finance, number 15-03.
• Hommes, C.H. & Massaro, D. & Salle, I., 2015, "Monetary and Fiscal Policy Design at the Zero Lower Bound - Evidence from the Lab," CeNDEF Working Papers, Universiteit van Amsterdam, Center for Nonlinear Dynamics in Economics and Finance, number 15-11.
• Pietro Alessandrini & Michele Fratianni, 2015, "In the absence of fiscal union, the Eurozone needs a more flexible monetary policy," Mo.Fi.R. Working Papers, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences, number 113, Oct.
• Charles Abuka & Ronnie K. Alinda & Camelia Minoiu & Jose-Luis Peydro & Andrea Filippo Presbitero, 2015, "Monetary Policy in a Developing Country: Loan Applications and Real Effects," Mo.Fi.R. Working Papers, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences, number 114, Dec.
• Pawel Baranowski & Pawel Gajewski, 2015, "Credible enough? Forward guidance and per-ceived National Bank of Poland’s policy rule," Lodz Economics Working Papers, University of Lodz, Faculty of Economics and Sociology, number 2/2015, Feb.
• Aleksandra Majchrowska & Pawel Strawinski & Karolina Konopczak & Agnieszka Skierska, 2015, "Gender wage gap by occupational groups in Poland," Lodz Economics Working Papers, University of Lodz, Faculty of Economics and Sociology, number 3/2015, Mar.
• Marcelo de Carvalho Griebeler & Ronald Otto Hillbrecht, 2015, "Producers, parasites and poverty traps," Economia, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics], volume 16, issue 3, pages 310-320.
• Marco Guerrazzi, 2015, "Animal spirits, investment and unemployment: An old Keynesian view of the Great Recession," Economia, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics], volume 16, issue 3, pages 343-358.
• Le, Thanh Ha, 2015, "Measuring the Stance of Monetary Policy in Vietnam: A Structural VAR Analysis," Asian Journal of Economics and Empirical Research, Asian Online Journal Publishing Group, volume 2, issue 1, pages 8-22.
• César Carrera & Fernando Pérez Forero & Nelson Ramírez-Rondán, 2015, "Effects of U.S. Quantitative Easing on Latin American Economies," Working Papers, Peruvian Economic Association, number 35, Apr.
• Donato Masciandaro & Davide Romelli, 2015, "Ups and Downs. Central Bank Independence from the Great Inflation to the Great Recession: Theory, Institutions and Empirics," BAFFI CAREFIN Working Papers, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy, number 1503.
• Tsvetelina Marinova, 2015, "Challenges to the Monetary and Fiscal Policy in the Eurozone and Bulgaria," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 1, pages 16-36.
• Ozge Kandemir Kocaaslan, 2015, "On the Role of Financial Stress in the Transmission of Monetary Policy," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 107-119.
• Daniela Bragoli & Massimiliano Rigon & Francesco Zanetti, 2015, "Optimal Inflation Weights in the Euro Area," BCAM Working Papers, Birkbeck Centre for Applied Macroeconomics, number 1503, Jul.
• Jose Felix Izquierdo & Santiago Fernandez de Lis & Ana Rubio, 2015, "Determinantes del tipo de interes del credito a empresas en la Eurozona," Working Papers, BBVA Bank, Economic Research Department, number 1509, Apr.
• Alicia Garcia-Herrero & Eric Girardin & Enestor Dos Santos, 2015, "Follow what I do and also what I say: monetary policy impact on Brazil’s financial markets," Working Papers, BBVA Bank, Economic Research Department, number 1512, May.
• Alicia Garcia-Herrero & Eric Girardin & Arnoldo Lopez Marmolejo, 2015, "Mexico’s monetary policy communication and money markets," Working Papers, BBVA Bank, Economic Research Department, number 1515, May.
• Lise Pichette & Pierre St-Amant & Ben Tomlin & Karine Anoma, 2015, "Measuring Potential Output at the Bank of Canada: The Extended Multivariate Filter and the Integrated Framework," Discussion Papers, Bank of Canada, number 15-1, DOI: 10.34989/sdp-2015-1.
• Mikael Khan & Louis Morel & Patrick Sabourin, 2015, "A Comprehensive Evaluation of Measures of Core Inflation for Canada," Discussion Papers, Bank of Canada, number 15-12, DOI: 10.34989/sdp-2015-12.
• Harriet Jackson, 2015, "The International Experience with Negative Policy Rates," Discussion Papers, Bank of Canada, number 15-13, DOI: 10.34989/sdp-2015-13.
• Abeer Reza & Eric Santor & Lena Suchanek, 2015, "Quantitative Easing as a Policy Tool Under the Effective Lower Bound," Discussion Papers, Bank of Canada, number 15-14, DOI: 10.34989/sdp-2015-14.
• Karyne B. Charbonneau & Lori Rennison, 2015, "Forward Guidance at the Effective Lower Bound: International Experience," Discussion Papers, Bank of Canada, number 15-15, DOI: 10.34989/sdp-2015-15.
• Jill Vardy, 2015, "Reputational Risk Management in Central Banks," Discussion Papers, Bank of Canada, number 15-16, DOI: 10.34989/sdp-2015-16.
• Oleksiy Kryvtsov & Miguel Molico & Ben Tomlin, 2015, "On the Nexus of Monetary Policy and Financial Stability: Recent Developments and Research," Discussion Papers, Bank of Canada, number 15-7, DOI: 10.34989/sdp-2015-7.
• Oleksiy Kryvtsov & Rhys R. Mendes, 2015, "The Optimal Level of the Inflation Target: A Selective Review of the Literature and Outstanding Issues," Discussion Papers, Bank of Canada, number 15-8, DOI: 10.34989/sdp-2015-8.