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

• Claudio Borio & Piti Disyatat, 2016, "Capital Flows and the Current Account: Taking Financing (More) Seriously," PIER Discussion Papers, Puey Ungphakorn Institute for Economic Research, number 14, Jan.
• Pongsak Luangaram & Yuthana Sethapramote, 2016, "Central Bank Communication and Monetary Policy Effectiveness: Evidence from Thailand," PIER Discussion Papers, Puey Ungphakorn Institute for Economic Research, number 20, Feb.
• Yu-chin Chen & Pisut Kulthanavit, 2016, "Monetary Policy with Imperfect Knowledge in a Small Open Economy," PIER Discussion Papers, Puey Ungphakorn Institute for Economic Research, number 28, May.
• Pym Manopimoke, 2016, "The Output Euler Equation and Real Interest Rate Regimes," PIER Discussion Papers, Puey Ungphakorn Institute for Economic Research, number 33, Jun.
• Michal Ksawery Popiel, 2016, "Interest Rate Pass-through: A Nonlinear Vector Error-correction Approach," Working Paper, Economics Department, Queen's University, number 1352, Feb.
• Adugna Olani, 2016, "Dynamic Capital Inflow Transmission Of Monetary Policy To Emerging Markets," Working Paper, Economics Department, Queen's University, number 1358, Mar.
• Margaux MacDonald & Michal Ksawery Popiel, 2016, "Unconventional Monetary Policy In A Small Open Economy," Working Paper, Economics Department, Queen's University, number 1367, Sep.
• Lasitha R. C. Pathberiya, 2016, "Optimal Monetary Policy at the Zero Lower Bound on Nominal Interest Rates in a Cost Channel Economy," Discussion Papers Series, School of Economics, University of Queensland, Australia, number 568, Sep.
• Carlos Garriga & Finn E. Kydland & Roman Šustek, 2016, "Nominal Rigidities in Debt and Product Markets," Working Papers, Queen Mary University of London, School of Economics and Finance, number 801, Aug.
• Matteo Maggiori & Emmanuel Farhi, 2016, "A Model of the International Monetary System," Working Paper, Harvard University OpenScholar, number 395921, Jan.
• Emmanuel Farhi & Matteo Maggiori, 2016, "A Model of the International Monetary System," Working Paper, Harvard University OpenScholar, number 395971, Jan.
• Emmanuel Farhi & Ivan Werning, undated, "Fiscal Multipliers: Liquidity Traps and Currency Unions," Working Paper, Harvard University OpenScholar, number 78556.
• Helen Hughson & Gianni La Cava & Paul Ryan & Penelope Smith, 2016, "The Household Cash Flow Channel of Monetary Policy," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 21-30, September.
• 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.
• del Rosío Barajas-Escamilla María & Kia Amir & Sotomayor Maritza, 2016, "Concepts and Measurements of Economic Interdependence: The Case of the United States and Mexico," Global Economy Journal, De Gruyter, volume 16, issue 1, pages 63-90, March, DOI: 10.1515/gej-2015-0034.
• Fillieule Renaud, 2016, "The U.S. Monetary Policies Against the Great Recession of 2008: A Critique from the Deflationist Viewpoint of the Austrian School," Journal des Economistes et des Etudes Humaines, De Gruyter, volume 22, issue 1, pages 99-111, July, DOI: 10.1515/jeeh-2016-0007.
• Brito Paulo & Marini Giancarlo & Piergallini Alessandro, 2016, "House prices and monetary policy," Studies in Nonlinear Dynamics & Econometrics, De Gruyter, volume 20, issue 3, pages 251-277, June, DOI: 10.1515/snde-2014-0072.
• Elena Violeta, Dragoi & Oana-Mihaela, Ilie, 2016, "Nbr'S Monetary Policy And Its Implications On Economic Growth," Management Strategies Journal, Constantin Brancoveanu University, volume 34, issue 4, pages 115-123.
• Engin Kara & Ahmed Jamal Pirzada, 2016, "A Possible Explanation of the Missing Deflation Puzzle," Bristol Economics Discussion Papers, School of Economics, University of Bristol, UK, number 16/670, Mar, revised 29 Mar 2017.
• Benjamin M. Friedman, 2016, "Crise financière : conséquences pour la politique monétaire et la pratique monétaire," Revue d'économie financière, Association d'économie financière, volume 0, issue 1, pages 59-78.
• Jézabel Couppey-Soubeyran, 2016, "Taux négatif : arme de poing ou signal de détresse ?," Revue d'économie financière, Association d'économie financière, volume 0, issue 1, pages 195-212.
• Jhuvesh Sobrun & Philip Turner, 2016, "La faiblesse des taux d’intérêt à long terme : un phénomène mondial," Revue d'économie financière, Association d'économie financière, volume 0, issue 1, pages 257-274.
• Gilles Dufrénot, 2016, "L'Amérique latine dans la globalisation financière : a-t-on appris des crises passées ?," Revue d'économie financière, Association d'économie financière, volume 0, issue 4, pages 61-77.
• Christophe Blot & Paul Hubert & Christine Rifflart, 2016, "L’impact du découplage des politiques monétaires de la BCE et de la Fed sur la zone euro et les pays émergents," Revue de l'OFCE, Presses de Sciences-Po, volume 0, issue 3, pages 223-258.
• Christophe Blot & Paul Hubert, 2016, "Causes et conséquences des taux d’intérêt négatifs," Revue de l'OFCE, Presses de Sciences-Po, volume 0, issue 4, pages 219-245.
• Mario Polèse, 2016, "Chronique d’une crise annoncée : la science régionale, la nouvelle dynamique des territoires, et la crise de l’euro," Revue d'économie régionale et urbaine, Armand Colin, volume 0, issue 1, pages 15-38.
• Carolina Tuckwell & António Mendonça, 2016, "The global Crisis and Unconventional Monetary Policy: ECB versus Fed," CEsA Working Papers, CEsA - Centre for African and Development Studies, number 141, Apr.
• Corbisiero, Giuseppe, 2016, "Bank Lending, Collateral, and Credit Traps in a Monetary Union," Research Technical Papers, Central Bank of Ireland, number 02/RT/16, Mar.
• Gerlach, Stefan & Stuart, Rebecca, 2016, "Joining the Dots: The FOMC and the future path of policy rates," Research Technical Papers, Central Bank of Ireland, number 08/RT/16, Oct.
• Velimir Lukić, 2016, "Integration of Government Bond Market in the Euro Area and Monetary Policy," Journal of Central Banking Theory and Practice, Central bank of Montenegro, volume 5, issue 1, pages 71-97.
• Umit Bulut, 2016, "How Far Ahead Does the Central Bank of the Republic of Turkey Look?," Journal of Central Banking Theory and Practice, Central bank of Montenegro, volume 5, issue 1, pages 99-111.
• Slobodan Lakić & Damir Šehović & Mimo Drašković, 2016, "Relevance of Low Inflation in the Southeastern European Countries," Journal of Central Banking Theory and Practice, Central bank of Montenegro, volume 5, issue 2, pages 41-63.
• Dawit Senbet, 2016, "Measuring the Channels of Monetary Policy Transmission: A Factor-Augmented Vector Autoregressive (Favar) Approach," Journal of Central Banking Theory and Practice, Central bank of Montenegro, volume 5, issue 2, pages 5-40.
• Ahmad-Reza Jalali Naini & Mohammad-Amin Naderian, 2016, "Over-reaction to Policy Signals, and Central Bank Optimal Communication Policy," Journal of Central Banking Theory and Practice, Central bank of Montenegro, volume 5, issue 3, pages 165-187.
• Timothy J. Haase, 2016, "Financial Constraints and the Response of Business Investment to Monetary Policy Shocks," Journal of Central Banking Theory and Practice, Central bank of Montenegro, volume 5, issue 3, pages 31-46.
• Milena Vučinić, 2016, "Importance of Macroprudential Policy Implementation for Safeguarding Financial Stability," Journal of Central Banking Theory and Practice, Central bank of Montenegro, volume 5, issue 3, pages 79-98.
• Athanasios Geromichalos & Lucas Herrenbrueck, 2016, "The Strategic Determination of the Supply of Liquid Assets," Working Papers, University of California, Davis, Department of Economics, number 183, May.
• Steven Ambler, 2016, "Toward the Next Renewal of the Inflation-Control Agreement: Questions Facing the Bank of Canada," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 453, July.
• Steve Ambler, 2016, "Putting Money to Work: Monetary Policy in a Low Interest Rate Environment," e-briefs, C.D. Howe Institute, number 249, Nov.
• Caballero, Ricardo J & Farhi, Emmanuel & Gourinchas, Pierre-Olivier, 2016, "Safe Asset Scarcity and Aggregate Demand," Department of Economics, Working Paper Series, Department of Economics, Institute for Business and Economic Research, UC Berkeley, number qt7cb7s8wr, May.
• Luisa F. Acuña-Roa & Julián A. Parra-Polania, 2016, "Price-level targeting versus inflation targeting in a new Keynesian model with inflation persistence," Journal of Applied Economics, Universidad del CEMA, volume 19, pages 249-270, November.
• Markus Hertrich, 2016, "The distribution of exchange rates under a minimum exchange rate regime," Journal of Applied Economics, Universidad del CEMA, volume 19, pages 351-362, November.
• Gianluca Benigno & Luca Fornaro, 2016, "Stagnation traps," CEP Discussion Papers, Centre for Economic Performance, LSE, number dp1405, Feb.
• Markus K. Brunnermeier & Luis Garicano & Philip R. Lane & Marco Pagano & Ricardo Reis & Tano Santos & David Thesmar & Stijn Van Nieuwerburgh & Dimitri Vayanos, 2016, "The sovereign-bank diabolic loop and ESBies," CEP Discussion Papers, Centre for Economic Performance, LSE, number dp1414, Mar.
• Vincent Sterk & Silvana Tenreyro, 2016, "The Transmission of Monetary Policy through Redistributions and Durable Purchases," Working Papers, Council on Economic Policies, number 1601, Jan.
• Greg Kaplan & Benjamin Moll & Giovanni L. Violante, 2016, "Monetary Policy According to HANK," Working Papers, Council on Economic Policies, number 1602, Mar.
• Aliya Algozhina, 2016, "Monetary Policy Rule, Exchange Rate Regime, and Fiscal Policy Cyclicality in a Developing Oil Economy," CERGE-EI Working Papers, The Center for Economic Research and Graduate Education - Economics Institute, Prague, number wp572, Oct.
• Andreas Hoffmann & Gunther Schnabl, 2016, "Adverse Effects of Ultra-Loose Monetary Policies on Investment, Growth and Income Distribution," CESifo Working Paper Series, CESifo, number 5754.
• Francesco D'Acunto & Daniel Hoang & Michael Weber & Michael Weber, 2016, "Unconventional Fiscal Policy, Inflation Expectations, and Consumption Expenditure," CESifo Working Paper Series, CESifo, number 5793.
• Jesús Crespo-Cuaresma & Gernot Doppelhofer & Martin Feldkircher & Florian Huber, 2016, "US Monetary Policy in a Globalized World," CESifo Working Paper Series, CESifo, number 5826.
• Burkhard Heer & Alfred Maussner & Halvor Ruf, 2016, "Q-Targeting in New Keynesian Models," CESifo Working Paper Series, CESifo, number 5854.
• Raphael Fischer & Gunther Schnabl, 2016, "Regional Heterogeneity, the Rise of Public Debt and Monetary Policy in Post-Bubble Japan: Lessons for the EMU," CESifo Working Paper Series, CESifo, number 5908.
• Tomasz Wieladek & Antonio I. Garcia Pascual, 2016, "The European Central Bank's QE: A New Hope," CESifo Working Paper Series, CESifo, number 5946.
• Guglielmo Maria Caporale & Abdurrahman Nazif Catik & Mohamad Husam Helmi & Faek Nemla Ali & Coskun Akdeniz, 2016, "Monetary Policy Rules in Emerging Countries: Is there an Augmented Nonlinear Taylor Rule?," CESifo Working Paper Series, CESifo, number 5965.
• Francesco D'Acunto & Daniel Hoang & Michael Weber & Michael Weber, 2016, "The Effect of Unconventional Fiscal Policy on Consumption Expenditure," CESifo Working Paper Series, CESifo, number 6059.
• Simon Richards & Matthieu Verstraete, 2016, "Understanding Firms' Inflation Expectations Using the Bank of Canada's Business Outlook Survey," CESifo Working Paper Series, CESifo, number 6090.
• Gunther Schnabl, 2016, "Central Banking and Crisis Management from the Perspective of Austrian Business Cycle Theory," CESifo Working Paper Series, CESifo, number 6179.
• Andreas Neuhierl & Michael Weber & Michael Weber, 2016, "Monetary Policy and the Stock Market: Time-Series Evidence," CESifo Working Paper Series, CESifo, number 6199.
• Jakob Korbinian Eberl, 2016, "The Collateral Framework of the Eurosystem and Its Fiscal Implications," ifo Beiträge zur Wirtschaftsforschung, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 69, September.
• Niklas Potrafke & Stefan Korioth & Markus Reischmann & Marina Riem, 2015, "Public employment in North Rhine-Westphalia: Developments and options for restructuring," ifo Forschungsberichte, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 69, October.
• Mats Persson, 2016, "Debts, Deficits and Multiple Equilibria: A New Role for ECB Monetary Policy?," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, volume 17, issue 01, pages 63-71, April.
• Ralph Hirdina, 2016, "Die Europäische Union und der Euro in der Krise – vertrauensbildende Maßnahmen für die Gemeinschaftswährung sind drängender denn je!," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, volume 69, issue 01, pages 12-15, January.
• Dirk Meyer, 2016, "Euro-Geldschöpfung durch die Mitgliedstaaten: Gefahren aus nationalem Zusatzgeld," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, volume 69, issue 06, pages 30-40, March.
• Martin S. Feldstein, 2016, "Geldpolitik und finanzielle Risiken," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, volume 69, issue 09, pages 41-44, May.
• Gunther Schnabl & Georg Fahrenschon & Markus Demary & Judith Niehues & Olaf Stotz & Hans-Peter Burghof, 2016, "Ursachen und Folgen der Niedrigzinsen: Enteignung der Sparer?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, volume 69, issue 13, pages 03-18, July.
• Daniel Hoffmann, 2016, "Erste Erkenntnisse zum ANFA-Abkommen: ANFA ermöglicht Finanzierung von Bankenabwicklungen durch nationale Zentralbanken," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, volume 69, issue 13, pages 19-27, July.
• Uluc Aysun, 2016, "The credit channel is alive at the zero lower bound but how does it operate? Firm level evidence on the asymmetric effects of U.S. monetary policy," Working Papers, University of Central Florida, Department of Economics, number 2016-01, Jun.
• Ambrogio Cesa-Bianchi & Gregory Thwaites & Alejandro Vicondoa, 2016, "Monetary Policy Transmission in an Open Economy: New Data and Evidence from the United Kingdom," Discussion Papers, Centre for Macroeconomics (CFM), number 1612, Apr, revised Aug 2016.
• Markus K. Brunnermeier & Luis Garicano & Philip R. Lane & Marco Pagano & Ricardo Reis & Tano Santos & David Thesmar & Stijn Van Nieuwerburgh & Dimitri Vayanosy, 2016, "The Sovereign-Bank Diabolic Loop and ESBies," Discussion Papers, Centre for Macroeconomics (CFM), number 1617, May.
• Carlos Garriga & Finn E. Kydland & Roman Sustek, 2016, "Nominal rigidities in debt and product markets," Discussion Papers, Centre for Macroeconomics (CFM), number 1625, Aug.
• Ricardo Reis, 2016, "Funding Quantitative Easing to Target Inflation," Discussion Papers, Centre for Macroeconomics (CFM), number 1626, Sep.
• Morten O. Ravn & Vincent Sterk, 2016, "Macroeconomic Fluctuations with HANK & SAM: An Analytical Approach," Discussion Papers, Centre for Macroeconomics (CFM), number 1633, Oct.
• Ricardo Reis, 2016, "Can the Central Bank Alleviate Fiscal Burdens?," Discussion Papers, Centre for Macroeconomics (CFM), number 1701, Dec.
• Michael Woodford, 2016, "Quantitative easing and financial stability," Journal Econom a Chilena (The Chilean Economy), Central Bank of Chile, volume 19, issue 2, pages 04-77, August.
• Eric T. Swanson, 2016, "Measuring the effects of unconventional monetary policy on asset prices," Journal Econom a Chilena (The Chilean Economy), Central Bank of Chile, volume 19, issue 2, pages 78-100, August.
• Robin Greenwood & Samuel G. Hanson & Dimitri Vayanos, 2016, "Forward Guidance in the Yield Curve: Short Rates versus Bond Supply," Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile, chapter 2, in: Elías Albagli & Diego Saravia & Michael Woodford, "Monetary Policy through Asset Markets: Lessons from Unconventional Measures and Implications for an Integrated World".
• Gauti B. Eggertsson & Kevin B. Proulx, 2016, "Bernanke’s No-Arbitrage Argument Revisited: Can Open Market Operations in Real Assets Eliminate the Liquidity Trap?," Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile, chapter 3, in: Elías Albagli & Diego Saravia & Michael Woodford, "Monetary Policy through Asset Markets: Lessons from Unconventional Measures and Implications for an Integrated World".
• Eric T. Swanson, 2016, "Measuring the Effects of Unconventional Monetary Policy on Asset Prices," Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile, chapter 4, in: Elías Albagli & Diego Saravia & Michael Woodford, "Monetary Policy through Asset Markets: Lessons from Unconventional Measures and Implications for an Integrated World".
• Stephen Morris & Hyun Song Shin, 2016, "Risk Premium Shifts and Monetary Policy: A Coordination Approach," Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile, chapter 5, in: Elías Albagli & Diego Saravia & Michael Woodford, "Monetary Policy through Asset Markets: Lessons from Unconventional Measures and Implications for an Integrated World".
• Michael Woodford, 2016, "Quantitative Easing and Financial Stability," Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile, chapter 6, in: Elías Albagli & Diego Saravia & Michael Woodford, "Monetary Policy through Asset Markets: Lessons from Unconventional Measures and Implications for an Integrated World".
• Mariana García-Schmidt & Michael Woodford, 2016, "Are Low Interest Rates Deflationary? A Paradox of Perfect-Foresight Analysis," Working Papers Central Bank of Chile, Central Bank of Chile, number 797, Dec.
• Falko Fecht & Kjell G. Nyborg & Jörg Rocholl & Jiri Woschitz, 2016, "Collateral, Central Bank Repos, and Systemic Arbitrage," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 16-66, Nov.
• Semyon Malamud & Andreas Schrimpf, 2016, "Intermediation Markups and Monetary Policy Passthrough," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 16-75, Dec.
• Antonia Lopez-Villavicencio & Valérie Mignon, 2016, "Exchange Rate Pass-through in Emerging Countries: Do the Inflation Environment, Monetary Policy Regime and Institutional Quality Matter?," Working Papers, CEPII research center, number 2016-07, Apr.
• Marc Pourroy & Benjamin Carton & Dramane Coulibaly, 2016, "Food Prices and Inflation Targeting in Emerging Economies," International Economics, CEPII research center, issue 146, pages 108-140.
• Kin-Ming Wong & Terence Tai-Leung Chong, 2016, "Does monetary policy matter for trade?," International Economics, CEPII research center, issue 147, pages 107-125.
• Libo Xu & Apostolos Serletis, undated, "Monetary and Fiscal Policy Switching with Time-Varying Volatilities," Working Papers, Department of Economics, University of Calgary, number 2016-34, revised 13 Jun 2016.
• Oana Simona HUDEA, 2016, "The New Keynesian Theory And Its Associated Model," Network Intelligence Studies, Romanian Foundation for Business Intelligence, Editorial Department, issue 8, pages 151-159, December.
• Ales Bulir & Jan Vlcek, 2016, "Monetary Transmission: Are Emerging Market and Low-Income Countries Different?," Working Papers, Czech National Bank, Research and Statistics Department, number 2016/02, Mar.
• Simona Malovana & Jan Frait, 2016, "Monetary Policy and Macroprudential Policy: Rivals or Teammates?," Working Papers, Czech National Bank, Research and Statistics Department, number 2016/06, Sep.
• Javier G. G�mez-Pineda, 2016, "Inflaci�n de costos: las devaluaciones de los a�os cincuenta y el brote populista de 1963 / Cost-push inflation: the devaluations of the fifties and the 1963 populist outbreak," Borradores de Economia, Banco de la Republica, number 14204, Feb.
• Hernando Vargas-Herrera, 2016, "Inflation Expectations and a Model-Based Core Inflation Measure in Colombia," Borradores de Economia, Banco de la Republica, number 14264, Feb.
• 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, number 14286, Feb.
• Hern�n Rinc�n-Castro & Norberto Rodr�guez-Ni�o, 2016, "Nonlinear Pass-Through of Exchange Rate Shocks on Inflation: A Bayesian Smooth Transition VAR Approach," Borradores de Economia, Banco de la Republica, number 14299, Mar.
• 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 República, volume 34, issue 81, pages 175-190, DOI: 10.1016/j.espe.2016.09.001.
• Carlos Fernando Daza Moreno & Jorge Mario Uribe, 2016, "Efectos de los cambios de la tasa de interés de Estados Unidos sobre Colombia, Perú y Chile," Revista de Economía del Caribe, Universidad del Norte, volume 0, issue 0, pages 1-19.
• César Pabón & Juan Guillermo Bedoya, 2016, "Regla de Taylor en Colombia: ¿Variante a través del tiempo?," Ensayos de Economía, Universidad Nacional de Colombia Sede Medellín, number 15538, Dec.
• Jose Eduardo Gomez-Gonzalez & Eliana Gonz�lez-Molano & Carlos Huertas-Campos & Deicy Cristiano-Botia & Ximena Chavarro-Sanchez, 2016, "Evaluación de la transmisión de la tasa de interés de referencia a las tasas de interés del sistema financiero Colombiano," Revista Ecos de Economía, Universidad EAFIT, volume 20, issue 42, pages 19-45.
• Algozhina, Aliya, 2016, "Monetary Policy Rule, Exchange Rate Regime, and Fiscal Policy Cyclicality in a Developing Oil Economy," Dynare Working Papers, CEPREMAP, number 49, May.
• Maciej Ryczkowski, 2016, "Modern central banking from monetary perspective," Ekonomia i Prawo, Uniwersytet Mikolaja Kopernika, volume 15, issue 4, pages 547-556, December, DOI: 10.12775/EiP.2016.037.
• Kaplan, Greg & Moll, Benjamin & Violante, Giovanni L., 2016, "Monetary Policy According to HANK," CEPR Discussion Papers, Centre for Economic Policy Research, number 11068, Jan.
• Han, Xuehui & Wei, Shang-Jin, 2016, "International Transmissions of Monetary Shocks," CEPR Discussion Papers, Centre for Economic Policy Research, number 11070, Jan.
• Popova, Olga & Tavares, José, 2016, "Psychological Costs of Currency Transition: Evidence from Euro Adoption," CEPR Discussion Papers, Centre for Economic Policy Research, number 11071, Jan.
• Benigno, Gianluca & Fornaro, Luca, 2016, "Stagnation Traps," CEPR Discussion Papers, Centre for Economic Policy Research, number 11074, Jan.
• Corsetti, Giancarlo & Brendon, Charles, 2016, "COEURE Survey: Fiscal and Monetary Policies after the Crises," CEPR Discussion Papers, Centre for Economic Policy Research, number 11088, Jan.
• Fernández-Villaverde, Jesús & Sanches, Daniel, 2016, "Can Currency Competition Work?," CEPR Discussion Papers, Centre for Economic Policy Research, number 11095, Apr.
• Bletzinger, Tilman & Wieland, Volker, 2016, "Forward guidance and "lower for longer": The case of the ECB," CEPR Discussion Papers, Centre for Economic Policy Research, number 11117, Feb.
• Benigno, Pierpaolo & Eggertsson, Gauti & Romei, Federica, 2016, "Dynamic Debt Deleveraging and Optimal Monetary Policy," CEPR Discussion Papers, Centre for Economic Policy Research, number 11180, Mar.
• Senay, Ozge & Sutherland, Alan, 2016, "Optimal Monetary Policy, Exchange Rate Misalignments and Incomplete Financial Markets," CEPR Discussion Papers, Centre for Economic Policy Research, number 11198, Mar.
• Iversen, Jens & Laseen, Stefan & Lundvall, Henrik & Söderström, Ulf, 2016, "Real-Time Forecasting for Monetary Policy Analysis: The Case of Sveriges Riksbank," CEPR Discussion Papers, Centre for Economic Policy Research, number 11203, Mar.
• Hjortsø, Ida & Weale, Martin & Wieladek, Tomasz, 2016, "Monetary Policy and the Current Account: Theory and Evidence," CEPR Discussion Papers, Centre for Economic Policy Research, number 11204, Mar.
• Wickens, Michael R., 2016, "Is there an alternative way to avoid another eurozone crisis to the Five Presidents' Report?," CEPR Discussion Papers, Centre for Economic Policy Research, number 11225, Apr.
• Dell'Ariccia, Giovanni & Laeven, Luc & Suarez, Gustavo, 2016, "Bank Leverage and Monetary Policy’s Risk-Taking Channel: Evidence from the United States," CEPR Discussion Papers, Centre for Economic Policy Research, number 11230, Apr.
• Gornemann, Nils & Kuester, Keith & Nakajima, Makoto, 2016, "Doves for the Rich, Hawks for the Poor? Distributional Consequences of Monetary Policy," CEPR Discussion Papers, Centre for Economic Policy Research, number 11233, Apr.
• Taylor, John & Wieland, Volker, 2016, "Finding the Equilibrium Real Interest Rate in a Fog of Policy Deviations," CEPR Discussion Papers, Centre for Economic Policy Research, number 11264, May.
• Woodford, Michael, 2016, "Quantitative Easing and Financial Stability," CEPR Discussion Papers, Centre for Economic Policy Research, number 11287, May.
• Farhi, Emmanuel & Maggiori, Matteo, 2016, "A Model of the International Monetary System," CEPR Discussion Papers, Centre for Economic Policy Research, number 11297, May.
• Andreou, Elena & Eminidou, Snezana & Zachariadis, Marios, 2016, "Inflation expectations and monetary policy in Europe," CEPR Discussion Papers, Centre for Economic Policy Research, number 11306, Jun.
• Wieladek, Tomasz & Garcia Pascual, Antonio, 2016, "The European Central Bank’s QE: A new hope," CEPR Discussion Papers, Centre for Economic Policy Research, number 11309, Jun.
• Hagedorn, Marcus, 2016, "A Demand Theory of the Price Level," CEPR Discussion Papers, Centre for Economic Policy Research, number 11364, Jun.
• Barnichon, Regis & Matthes, Christian, 2016, "Gaussian Mixture Approximations of Impulse Responses and The Non-Linear Effects of Monetary Shocks," CEPR Discussion Papers, Centre for Economic Policy Research, number 11374, Jul.
• Broer, Tobias & Harbo Hansen, Niels-Jakob & Krusell, Per & Öberg, Erik, 2016, "The New Keynesian Transmission Mechanism: A Heterogenous-Agent Perspective," CEPR Discussion Papers, Centre for Economic Policy Research, number 11382, Jul.
• Orphanides, Athanasios, 2016, "Fiscal Implications of Central Bank Balance Sheet Policies," CEPR Discussion Papers, Centre for Economic Policy Research, number 11383, Jul.
• Adrian, Tobias & Liang, Nellie, 2016, "Monetary Policy, Financial Conditions, and Financial Stability," CEPR Discussion Papers, Centre for Economic Policy Research, number 11394, Jul.
• Lindé, Jesper & Smets, Frank & Wouters, Rafael, 2016, "Challenges for Central Banks' Macro Models," CEPR Discussion Papers, Centre for Economic Policy Research, number 11405, Jul.
• Groll, Dominik & Monacelli, Tommaso, 2016, "The Inherent Benefit of Monetary Unions," CEPR Discussion Papers, Centre for Economic Policy Research, number 11416, Jul.
• Arteta, Carlos & Kose, M. Ayhan & Stocker, Marc & Taskin, Temel, 2016, "Negative Interest Rate Policies: Sources and Implications," CEPR Discussion Papers, Centre for Economic Policy Research, number 11433, Aug.
• Brunnermeier, Markus & Sannikov, Yuliy, 2016, "The I Theory of Money," CEPR Discussion Papers, Centre for Economic Policy Research, number 11444, Aug.
• Senay, Ozge & Sutherland, Alan, 2016, "Country Portfolios, Collateral Constraints and Optimal Monetary Policy," CEPR Discussion Papers, Centre for Economic Policy Research, number 11499, Sep.
• Reis, Ricardo, 2016, "Funding Quantitative Easing to Target Inflation," CEPR Discussion Papers, Centre for Economic Policy Research, number 11505, Sep.
• Antolín-Díaz, Juan & Rubio-Ramírez, Juan Francisco, 2016, "Narrative Sign Restrictions for SVARs," CEPR Discussion Papers, Centre for Economic Policy Research, number 11517, Sep.
• Sussman, Nathan & Zohar, Osnat, 2016, "Has Inflation Targeting Become Less Credible? Oil Prices, Global Aggregate Demand and Inflation Expectations during the Global Financial Crisis," CEPR Discussion Papers, Centre for Economic Policy Research, number 11535, Sep.
• Chernov, Mikhail & Schmid, Lukas & Schneider, Andres, 2016, "A Macrofinance View of U.S. Sovereign CDS Premiums," CEPR Discussion Papers, Centre for Economic Policy Research, number 11576, Oct.
• Altavilla, Carlo & Canova, Fabio & Ciccarelli, Matteo, 2016, "Mending the broken link: heterogeneous bank lending and monetary policy pass-through," CEPR Discussion Papers, Centre for Economic Policy Research, number 11584, Oct.
• Muellbauer, John, 2016, "Macroeconomics and Consumption," CEPR Discussion Papers, Centre for Economic Policy Research, number 11588, Oct.
• Gerlach, Stefan & Stuart, Rebecca, 2016, "Joining the dots: The FOMC and the future path of policy rates," CEPR Discussion Papers, Centre for Economic Policy Research, number 11618, Nov.
• Faccini, Renato & Yashiv, Eran, 2016, "The Hiring Frictions and Price Frictions Nexus in Business Cycle Models," CEPR Discussion Papers, Centre for Economic Policy Research, number 11639, Nov.
• Fecht, Falko & Nyborg, Kjell G. & Rocholl, Jörg & Woschitz, Jiri, 2016, "Collateral, Central Bank Repos, and Systemic Arbitrage," CEPR Discussion Papers, Centre for Economic Policy Research, number 11663, Nov.
• Haldane, Andrew & Roberts-Sklar, Matt & Wieladek, Tomasz & Young, Chris, 2016, "QE: the story so far," CEPR Discussion Papers, Centre for Economic Policy Research, number 11691, Dec.
• Ravn, Morten & Sterk, Vincent, 2016, "Macroeconomic Fluctuations with HANK & SAM: An Analytical Approach," CEPR Discussion Papers, Centre for Economic Policy Research, number 11696, Dec.
• Gabaix, Xavier, 2016, "A Behavioral New Keynesian Model," CEPR Discussion Papers, Centre for Economic Policy Research, number 11729, Dec.
• Paul Hubert & Fabien Labondance, 2016, "Central Bank Sentiment and Policy Expectations," Working Papers, CRESE, number 2016-07, Jul.
• Paul Hubert & Fabien Labondance, 2016, "The Effect of ECB Forward Guidance on Policy Expectations," Working Papers, CRESE, number 2016-12, Oct.
• Gonzalo, Jesús & Olmo, José, 2016, "Long-term optimal portfolio allocation under dynamic horizon-specific risk aversion," UC3M Working papers. Economics, Universidad Carlos III de Madrid. Departamento de Economía, number 23599, Sep.
• Mehmet Balcilar & Rangan Gupta & Kevin Kotze, 2016, "Forecasting South African Macroeconomic Variables with a Markov-Switching Small Open-Economy Dynamic Stochastic General Equilibrium Model," School of Economics Macroeconomic Discussion Paper Series, School of Economics, University of Cape Town, number 2016-05.
• Berggren, Niclas & Daunfeldt, Sven-Olov & Hellström, Jörgen, 2016, "Does social trust speed up reforms? The case of central-bank independence," Journal of Institutional Economics, Cambridge University Press, volume 12, issue 2, pages 395-415, June.
• Mumtaz, Haroon & Zanetti, Francesco, 2016, "The Effect Of Labor And Financial Frictions On Aggregate Fluctuations," Macroeconomic Dynamics, Cambridge University Press, volume 20, issue 1, pages 313-341, January.
• Clark JOHNSON, 2016, "Scott B. Sumner, The Midas Paradox: Financial Markets, Government Policy Shocks, and the Great Depression," Journal of Economics and Political Economy, EconSciences Journals, volume 3, issue 1, pages 170-180, March.
• Shahid IQBAL & Maqbool H. SIAL, 2016, "Projections of Inflation Dynamics for Pakistan: GMDH Approach," Journal of Economics and Political Economy, EconSciences Journals, volume 3, issue 3, pages 536-559, September.
• Jean Louis EKOMANE & Benjamin YAMB, 2016, "The Measurement of Credit Channel in the CEMAC Zone," Journal of Economics and Political Economy, EconSciences Journals, volume 3, issue 4, pages 744-766, December.
• Azar HASANLI, 2016, "A New Era of Monetary Policymaking in the Light of the Post-Crisis Challenges," Turkish Economic Review, EconSciences Journals, volume 3, issue 3, pages 473-494, September.
• Mehmet BÖLÜKBAÞ, 2016, "The Effects of Economic Policies in Turkey: An Application for the Period After 2000," Journal of Social and Administrative Sciences, EconSciences Journals, volume 3, issue 4, pages 315-322, December.
• Clark JOHNSON, 2016, "Did Keynes Make His Case?," Journal of Economics Library, EconSciences Journals, volume 3, issue 2, pages 214-225, June.
• Zobia BHATTI & Abdul QAYYUM, 2016, "The Cost of Low Inflation in Case of Pakistan," Journal of Economics Library, EconSciences Journals, volume 3, issue 2, pages 257-268, June.
• Leroi RAPUTSOANE, 2016, "Financial Stress Indicator Variables and Monetary Policy in South Africa," Journal of Economics Bibliography, EconSciences Journals, volume 3, issue 2, pages 203-214, June.
• Victor H. ROSAS MARTINEZ, 2016, "On Monetary Policy, Unemployment, and Economic Growth," Journal of Economics Bibliography, EconSciences Journals, volume 3, issue 2, pages 298-311, June.
• Nektarios A. Michail & Demetris Koursaros & Christos S. Savva, 2016, "The Lack of Persistence of Interest Rate Changes on Banks’ Lending and Risk Taking Behaviour," Working Papers, Central Bank of Cyprus, number 2016-1, Feb.
• Nektarios A. Michail, 2016, "Examining the Time-Variation of Inflation Persistence in Ten Euro Area Countries," Working Papers, Central Bank of Cyprus, number 2016-6, Dec.
• Ana ANDREI & Angela GALUPA & Armenia ANDRONICEANU & Irina Alexandra GEORGESCU, 2016, "Monetary Policy With Constant Real Stock Of Bonds," ECONOMIC COMPUTATION AND ECONOMIC CYBERNETICS STUDIES AND RESEARCH, Faculty of Economic Cybernetics, Statistics and Informatics, volume 50, issue 3, pages 101-116.
• Bogdan IFTIMIE & Simona-Mihaela CHIRU, 2016, "Macroeconomic Performances Under Inflation Targeting. The Case Of Romania," ECONOMIC COMPUTATION AND ECONOMIC CYBERNETICS STUDIES AND RESEARCH, Faculty of Economic Cybernetics, Statistics and Informatics, volume 50, issue 3, pages 193-209.
• Lucian Liviu ALBU & Radu LUPU & Adrian Cantemir CĂLIN, 2016, "Quantitative Easing, Tapering And Stock Market Indices," ECONOMIC COMPUTATION AND ECONOMIC CYBERNETICS STUDIES AND RESEARCH, Faculty of Economic Cybernetics, Statistics and Informatics, volume 50, issue 3, pages 5-23.
• Hollander, Hylton & Liu, Guangling, 2016, "Credit spread variability in the U.S. business cycle: The Great Moderation versus the Great Recession," Journal of Banking & Finance, Elsevier, volume 67, issue C, pages 37-52, DOI: 10.1016/j.jbankfin.2016.02.008.
• Ma, Yong & Lin, Xingkai, 2016, "Financial development and the effectiveness of monetary policy," Journal of Banking & Finance, Elsevier, volume 68, issue C, pages 1-11, DOI: 10.1016/j.jbankfin.2016.03.002.
• Shynkevich, Andrei, 2016, "Predictability in bond returns using technical trading rules," Journal of Banking & Finance, Elsevier, volume 70, issue C, pages 55-69, DOI: 10.1016/j.jbankfin.2016.06.010.
• Begović, Selena & Adnett, Nick & Pugh, Geoff, 2016, "An investigation into the credibility of currency board arrangements in Bosnia and Herzegovina and Bulgaria," Journal of Comparative Economics, Elsevier, volume 44, issue 3, pages 787-799, DOI: 10.1016/j.jce.2015.07.003.
• Foley-Fisher, Nathan & Ramcharan, Rodney & Yu, Edison, 2016, "The impact of unconventional monetary policy on firm financing constraints: Evidence from the maturity extension program," Journal of Financial Economics, Elsevier, volume 122, issue 2, pages 409-429, DOI: 10.1016/j.jfineco.2016.07.002.
• Lo Duca, Marco & Nicoletti, Giulio & Vidal Martínez, Ariadna, 2016, "Global corporate bond issuance: What role for US quantitative easing?," Journal of International Money and Finance, Elsevier, volume 60, issue C, pages 114-150, DOI: 10.1016/j.jimonfin.2015.07.013.
• Vogel, Edgar, 2016, "Forward looking behavior in ECB liquidity auctions: Evidence from the pre-crisis period," Journal of International Money and Finance, Elsevier, volume 61, issue C, pages 120-142, DOI: 10.1016/j.jimonfin.2015.10.003.
• Byrne, Joseph P. & Korobilis, Dimitris & Ribeiro, Pinho J., 2016, "Exchange rate predictability in a changing world," Journal of International Money and Finance, Elsevier, volume 62, issue C, pages 1-24, DOI: 10.1016/j.jimonfin.2015.12.001.
• Cuciniello, Vincenzo & Lambertini, Luisa, 2016, "Optimal exchange rate flexibility with large labor unions," Journal of International Money and Finance, Elsevier, volume 63, issue C, pages 112-136, DOI: 10.1016/j.jimonfin.2016.01.001.
• Lera, Sandro Claudio & Sornette, Didier, 2016, "Quantitative modelling of the EUR/CHF exchange rate during the target zone regime of September 2011 to January 2015," Journal of International Money and Finance, Elsevier, volume 63, issue C, pages 28-47, DOI: 10.1016/j.jimonfin.2016.01.002.
• Pang, Ke & Siklos, Pierre L., 2016, "Macroeconomic consequences of the real-financial nexus: Imbalances and spillovers between China and the U.S," Journal of International Money and Finance, Elsevier, volume 65, issue C, pages 195-212, DOI: 10.1016/j.jimonfin.2016.03.001.