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

• Adrien Alvero & Andreas M. Fischer, 2016, "Exchange rate floor and central bank balance sheets: Simple spillover tests of the Swiss franc," Aussenwirtschaft, University of St. Gallen, School of Economics and Political Science, Swiss Institute for International Economics and Applied Economics Research, volume 67, issue 02, pages 31-50, August.
• Föllmi, Reto & Minsch, Rudolf & Schnell, Fabian, 2016, "What Determines Price Changes and the Distribution of Prices? Evidence from the Swiss CPI," Economics Working Paper Series, University of St. Gallen, School of Economics and Political Science, number 1610, Jul.
• Ranaldo, Angelo & Rupprecht, Matthias, 2016, "The Forward Premium in Short-Term Rates," Working Papers on Finance, University of St. Gallen, School of Finance, number 1619, Oct, revised Sep 2019.
• Laura Povoledo, 2016, "Pricing behaviour and the role of trade openness in the transmission of monetary shocks," Working Papers, Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol, number 20161609, Jan.
• Simona E. Cociuba & Malik Shukayev & Alexander Ueberfeldt, 2016, "Managing Risk Taking with Interest Rate Policy and Macroprudential Regulations," University of Western Ontario, Departmental Research Report Series, University of Western Ontario, Department of Economics, number 20166.
• Uluc Aysun & Kiyoung Jeon & Zeynep Yom, 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," Villanova School of Business Department of Economics and Statistics Working Paper Series, Villanova School of Business Department of Economics and Statistics, number 27, Jun.
• CIUMARA, Tudor, 2016, "Political Ideology And Fiscal Policy. The Case Of Romania," Studii Financiare (Financial Studies), Centre of Financial and Monetary Research "Victor Slavescu", volume 20, issue 2, pages 55-64.
• CRISTE, Adina, 2016, "The Monetary Authorithy And Electoral Cycle In Romania, At A Glance," Studii Financiare (Financial Studies), Centre of Financial and Monetary Research "Victor Slavescu", volume 20, issue 2, pages 55-64.
• COCIUG, Victoria & TIMOFEI, Olga, 2016, "Optimization Of Monetary Creation By Linking Monetary Policies With Commercial Banks' Strategies," Studii Financiare (Financial Studies), Centre of Financial and Monetary Research "Victor Slavescu", volume 20, issue 2, pages 79-90.
• COCIUG, Victoria & MALENDRA, Denis, 2016, "Discordances Between Fiscal Policy And Monetary Policy – Major Issue For The Emergent Countries," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", volume 3, issue 1, pages 12-18.
• COCIUG, Victoria & TIMOFEI, Olga, 2016, "The Impact Of State Securities Profitability On The Effectiveness Of Monetary Policy In Moldova," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", volume 3, issue 1, pages 42-47, October.
• STARITINA, Ludmila & SADOVEANU, Diana, 2016, "Challenges In Implementation Of Unconventional Monetary Policy Instruments In Post Crisis Environment," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", volume 3, issue 1, pages 56-60, October.
• COCIUG, Victoria & HINEV, Olga, 2016, "Central Bank’S Communication –A New Regime Inflation Targeting Challange (The Case Of Republic Of Moldova)," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", volume 3, issue 1, pages 67-71, October.
• CRISTE, Adina & LUPU, Iulia, 2016, "Some Thoughts On The Divergent Conduct In Central Banking," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", volume 3, issue 1, pages 77-81, October.
• Burak Sencer Atasoy & Timur Han Gür, 2016, "Does the Wagner’s Hypothesis Hold for China? Evidence from Static and Dynamic Analyses," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, volume 63, issue 1, pages 45-60.
• Yiannis Kitromilides, 2016, "The Conundrum of Greece and the Eurozone: Puzzles, Paradoxes and Contradictions," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, volume 63, issue 2, pages 175-194.
• Carlos Rodríguez & Carlos A. Carrasco, 2016, "ECB Policy Responses between 2007 and 2014: A Chronological Analysis and an Assessment of Their Effects," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, volume 63, issue 4, pages 455-473.
• Böing Tobias & Stadtmann Georg & Sydykova Meerim, 2016, "Measuring Nominal and Real Convergence of Selected CEE Countries by the Taylor Rule," International Journal of Management and Economics, Warsaw School of Economics, Collegium of World Economy, volume 52, issue 1, pages 9-22, December, DOI: 10.1515/ijme-2016-0024.
• Kjosevski Jordan & Petkovski Mihail & Naumovska Elena, 2016, "The Stability of Long-Run Money Demand in Western Balkan Countries: An Empirical Panel Investigation," South East European Journal of Economics and Business, Paradigm, volume 11, issue 2, pages 61-70, December, DOI: 10.1515/jeb-2016-0011.
• Drăgoi Elena Violeta & Preda Larisa Elena, 2016, "The Risk of Insolvency and its Impact on Romanian Banks," Valahian Journal of Economic Studies, Paradigm, volume 7, issue 2, pages 97-104, December, DOI: 10.1515/vjes-2016-0012.
• Alfred J. H. Aruna, 2016, "Velocity Of Money Within The Framework Of Monetary Targeting In Sierra Leone," West African Journal of Monetary and Economic Integration, West African Monetary Institute, volume 16, issue 1, pages 62-96, June.
• R.A. Omotunde (M.Sc.) & Isaac Chii Nwaogwugwu (PhD) & N. I. Nwokoma (Professor), 2016, "Interest Rate Shocks And Stock Market Volatility In Nigeria (1985-2014)," West African Journal of Monetary and Economic Integration, West African Monetary Institute, volume 16, issue 2, pages 44-72, December.
• Anna Białek-Jaworska & Natalia Nehrebecka, 2016, "The role of bank credit in business financing in Poland," Working Papers, Faculty of Economic Sciences, University of Warsaw, number 2016-03.
• Anna Białek-Jaworska & Natalia Nehrebecka, 2016, "Determinants of Polish Enterprises' Propensity to Lease," Working Papers, Faculty of Economic Sciences, University of Warsaw, number 2016-07.
• Cabral,Rene & Carneiro,Francisco Galrao & Mollick,Andre Varella, 2016, "Inflation targeting and exchange rate volatility in emerging markets," Policy Research Working Paper Series, The World Bank, number 7712, Jun.
• Arteta,Carlos & Kose,Ayhan & Stocker,Marc & Taskin,Temel, 2016, "Negative interest rate policies : sources and implications," Policy Research Working Paper Series, The World Bank, number 7791, Aug.
• Dong-Yop Oh & Hyejin Lee & Karl David Boulware, 2016, "Conventional monetary policy and the degree of interest rate pass through in the long run: a non-normal approach," Wesleyan Economics Working Papers, Wesleyan University, Department of Economics, number 2016-002, Sep.
• Philipp Heimberger, 2016, "Warum die Volkswirtschaften der Eurozone den USA und Großbritannien seit der Finanzkrise hinterherhinken: Zur Rolle von Unterschieden in der Geld- und Fiskalpolitik," wiiw Research Reports in German language, The Vienna Institute for International Economic Studies, wiiw, number 5, Dec.
• Florian Huber & Daniel Kaufmann, 2016, "Trend Fundamentals and Exchange Rate Dynamics," Department of Economics Working Papers, Vienna University of Economics and Business, Department of Economics, number wuwp214, Jan.
• Florian Huber & Martin Feldkircher, 2016, "Adaptive shrinkage in Bayesian vector autoregressive models," Department of Economics Working Papers, Vienna University of Economics and Business, Department of Economics, number wuwp221, Mar.
• Martin Feldkircher & Florian Huber, 2016, "Unconventional US Monetary Policy: New Tools, Same Channels?," Department of Economics Working Papers, Vienna University of Economics and Business, Department of Economics, number wuwp222, Mar.
• Huber, Florian & Kaufmann, Daniel, 2016, "Trend Fundamentals and Exchange Rate Dynamics," Department of Economics Working Paper Series, WU Vienna University of Economics and Business, number 214, Jan.
• Feldkircher, Martin & Huber, Florian, 2016, "Adaptive Shrinkage in Bayesian Vector Autoregressive Models," Department of Economics Working Paper Series, WU Vienna University of Economics and Business, number 221, Mar.
• Huber, Florian & Feldkircher, Martin, 2016, "Unconventional US Monetary Policy: New Tools, Same Channels?," Department of Economics Working Paper Series, WU Vienna University of Economics and Business, number 222, Mar.
• Ian Christensen & Paul Corrigan & Caterina Mendicino & Shin‐Ichi Nishiyama, 2016, "Consumption, housing collateral and the Canadian business cycle," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, volume 49, issue 1, pages 207-236, February, DOI: 10.1111/caje.12195.
• Pedro Teles & Harald Uhlig & João Valle e Azevedo, 2016, "Is Quantity Theory Still Alive?," Economic Journal, Royal Economic Society, volume 126, issue 591, pages 442-464, March, DOI: 10.1111/ecoj.12336.
• Francesco Bianchi & Leonardo Melosi, 2016, "Modeling The Evolution Of Expectations And Uncertainty In General Equilibrium," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, volume 57, issue 2, pages 717-756, May, DOI: 10.1111/iere.12174.
• Yasuo Hirose & Atsushi Inoue, 2016, "The Zero Lower Bound and Parameter Bias in an Estimated DSGE Model," Journal of Applied Econometrics, John Wiley & Sons, Ltd., volume 31, issue 4, pages 630-651, June.
• Eric Eisenstat & Rodney W. Strachan, 2016, "Modelling Inflation Volatility," Journal of Applied Econometrics, John Wiley & Sons, Ltd., volume 31, issue 5, pages 805-820, August.
• Athanasios Geromichalos & Lucas Herrenbrueck, 2016, "Monetary Policy, Asset Prices, and Liquidity in Over‐the‐Counter Markets," Journal of Money, Credit and Banking, Blackwell Publishing, volume 48, issue 1, pages 35-79, February, DOI: 10.1111/jmcb.12290.
• Jing Cynthia Wu & Fan Dora Xia, 2016, "Measuring the Macroeconomic Impact of Monetary Policy at the Zero Lower Bound," Journal of Money, Credit and Banking, Blackwell Publishing, volume 48, issue 2-3, pages 253-291, March, DOI: 10.1111/jmcb.12300.
• Nikola Mirkov & Gisle James Natvik, 2016, "Announcements of Interest Rate Forecasts: Do Policymakers Stick to Them?," Journal of Money, Credit and Banking, Blackwell Publishing, volume 48, issue 5, pages 901-920, August, DOI: 10.1111/jmcb.12321.
• Michael T. Belongia & Peter N. Ireland, 2016, "Money and Output: Friedman and Schwartz Revisited," Journal of Money, Credit and Banking, Blackwell Publishing, volume 48, issue 6, pages 1223-1266, September, DOI: 10.1111/jmcb.12332.
• Ansgar Rannenberg, 2016, "Bank Leverage Cycles and the External Finance Premium," Journal of Money, Credit and Banking, Blackwell Publishing, volume 48, issue 8, pages 1569-1612, December, DOI: 10.1111/jmcb.12359.
• Emily Anderson & Atsushi Inoue & Barbara Rossi, 2016, "Heterogeneous Consumers and Fiscal Policy Shocks," Journal of Money, Credit and Banking, Blackwell Publishing, volume 48, issue 8, pages 1877-1888, December, DOI: 10.1111/jmcb.12366.
• Cage, Julia & Gadenne, Lucie, 2016, "Tax Revenues, Development, and the Fiscal Cost of Trade Liberalization, 1792-2006," The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics, number 1132.
• Qureshi, Irfan, 2016, "The Role of Money in Federal Reserve Policy," The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics, number 1133.
• Martin Pietrzak, 2016, "Evaluation of unconventional monetary policy in a small open economy," FIW Working Paper series, FIW, number 167, Mar.
• Korhonen, Iikka & Nuutilainen, Riikka, 2016, "A monetary policy rule for Russia, or is it rules?," BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT), number 2/2016.
• Faryna, Oleksandr, 2016, "Exchange rate pass-through and cross-country spillovers: Some evidence from Ukraine and Russia," BOFIT Discussion Papers, Bank of Finland Institute for Emerging Economies (BOFIT), number 14/2016.
• Silvo, Aino, 2016, "The interaction of monetary and macroprudential policies in economic stabilisation," Bank of Finland Research Discussion Papers, Bank of Finland, number 1/2016.
• Juselius, Mikael & Takáts, Előd, 2016, "The age-structure–inflation puzzle," Bank of Finland Research Discussion Papers, Bank of Finland, number 4/2016.
• Kortela, Tomi, 2016, "A shadow rate model with time-varying lower bound of interest rates," Bank of Finland Research Discussion Papers, Bank of Finland, number 19/2016.
• Juselius, Mikael & Borio, Claudio & Disyatat, Piti & Drehmann, Mathias, 2016, "Monetary policy, the financial cycle and ultralow interest rates," Bank of Finland Research Discussion Papers, Bank of Finland, number 24/2016.
• Mandler, Martin & Scharnagl, Michael & Volz, Ute, 2016, "Heterogeneity in euro-area monetary policy transmission: Results from a large multi-country BVAR model," Discussion Papers, Deutsche Bundesbank, number 03/2016.
• Hoffmann, Mathias & Hürtgen, Patrick, 2016, "Inflation expectations, disagreement, and monetary policy," Discussion Papers, Deutsche Bundesbank, number 31/2016.
• Lemke, Wolfgang & Vladu, Andreea L., 2016, "Below the zero lower bound: A shadow-rate term structure model for the euro area," Discussion Papers, Deutsche Bundesbank, number 32/2016.
• Kick, Thomas & Koetter, Michael & Storz, Manuela, 2016, "Cross-border transmission of emergency liquidity," Discussion Papers, Deutsche Bundesbank, number 34/2016.
• Eickmeier, Sandra & Metiu, Norbert & Prieto, Esteban, 2016, "Time-varying volatility, financial intermediation and monetary policy," Discussion Papers, Deutsche Bundesbank, number 46/2016.
• Halberstadt, Arne & Krippner, Leo, 2016, "The effect of conventional and unconventional euro area monetary policy on macroeconomic variables," Discussion Papers, Deutsche Bundesbank, number 49/2016.
• Offick, Sven & Wohltmann, Hans-Werner, 2016, "Volatility effects of news shocks in New Keynesian models with optimal monetary policy," Economics Working Papers, Christian-Albrechts-University of Kiel, Department of Economics, number 2016-06.
• Uhrin, Gábor B. & Herwartz, Helmut, 2016, "Monetary policy shocks, set-identifying restrictions, and asset prices: A benchmarking approach for analyzing set-identified models," University of Göttingen Working Papers in Economics, University of Goettingen, Department of Economics, number 295.
• De Grauwe, Paul & Gerba, Eddie, 2016, "Monetary transmission under competing corporate finance regimes," FinMaP-Working Papers, Collaborative EU Project FinMaP - Financial Distortions and Macroeconomic Performance: Expectations, Constraints and Interaction of Agents, number 52.
• Yanovski, Boyan, 2016, "A pro-cyclical stock market under a countercyclical monetary policy in a model of endogenous business cycles," FinMaP-Working Papers, Collaborative EU Project FinMaP - Financial Distortions and Macroeconomic Performance: Expectations, Constraints and Interaction of Agents, number 60.
• Punzi, Maria Teresa, 2016, "Financial cycles and co-movements between the real economy, finance and asset price dynamics in large-scale crises," FinMaP-Working Papers, Collaborative EU Project FinMaP - Financial Distortions and Macroeconomic Performance: Expectations, Constraints and Interaction of Agents, number 61.
• Gasteiger, Emanuel, 2016, "Do heterogeneous expectations constitute a challenge for policy interaction?," Discussion Papers, Free University Berlin, School of Business & Economics, number 2016/14.
• Engler, Philipp & Strehl, Wolfgang, 2016, "The macroeconomic effects of progressive taxes and welfare," Discussion Papers, Free University Berlin, School of Business & Economics, number 2016/23.
• Hüning, Hendrik, 2016, "Asset market response to monetary policy news from SNB press releases," HWWI Research Papers, Hamburg Institute of International Economics (HWWI), number 177.
• Gudmundsson, Gudmundur S. & Zoega, Gylfi, 2016, "A double-edged sword: High interest rates in capital control regimes," Economics Discussion Papers, Kiel Institute for the World Economy, number 2016-3.
• Gudmundsson, Gudmundur S. & Zoega, Gylfi, 2016, "A double-edged sword: High interest rates in capital control regimes," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy, volume 10, pages 1-38, DOI: 10.5018/economics-ejournal.ja.2016-.
• Potjagailo, Galina, 2016, "Spillover effects from euro area monetary policy across the EU: A factor-augmented VAR approach," Kiel Working Papers, Kiel Institute for the World Economy, number 2033.
• Groll, Dominik & Monacelli, Tommaso, 2016, "The inherent benefit of monetary unions," Kiel Working Papers, Kiel Institute for the World Economy, number 2048.
• Lechthaler, Wolfgang, 2016, "Ben Bernanke in Doha: The effect of monetary policy on optimal tariffs," Kiel Working Papers, Kiel Institute for the World Economy, number 2055.
• Bletzinger, Tilman & Wieland, Volker, 2016, "Forward guidance and "lower for longer": The case of the ECB," IMFS Working Paper Series, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS), number 102.
• Taylor, John B. & Wieland, Volker, 2016, "Finding the equilibrium real interest rate in a fog of policy deviations," IMFS Working Paper Series, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS), number 103.
• Orphanides, Athanasios, 2016, "Fiscal implications of central bank balance sheet policies," IMFS Working Paper Series, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS), number 105.
• Wieland, Volker & Afanasyeva, Elena & Kuete, Meguy & Yoo, Jinhyuk, 2016, "New methods for macro-financial model comparison and policy analysis," IMFS Working Paper Series, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS), number 107.
• Eichler, Stefan & Lähner, Tom & Noth, Felix, 2016, "Regional Banking Instability and FOMC Voting," IWH Discussion Papers, Halle Institute for Economic Research (IWH), number 15/2016.
• Eickmeier, Sandra & Metiu, Norbert & Prieto, Esteban, 2016, "Time-varying Volatility, Financial Intermediation and Monetary Policy," IWH Discussion Papers, Halle Institute for Economic Research (IWH), number 19/2016.
• Diermeier, Matthias & Goecke, Henry, 2016, "Geldmenge und Inflation in Europa: Ist der Zusammenhang verloren?," IW policy papers, Institut der deutschen Wirtschaft (IW) / German Economic Institute, number 17/2016.
• Diermeier, Matthias & Goecke, Henry, 2016, "Money supply and inflation in Europe: Is there still a connection?," IW policy papers, Institut der deutschen Wirtschaft (IW) / German Economic Institute, number 17/2016E.
• D'Acunto, Francesco & Hoang, Daniel & Weber, Michael, 2016, "The effect of unconventional fiscal policy on consumption expenditure," Working Paper Series in Economics, Karlsruhe Institute of Technology (KIT), Department of Economics and Management, number 94, DOI: 10.5445/IR/1000062012.
• von Prollius, Michael & Schnabl, Gunther, 2016, "Geldpolitik, Arabellion, Flüchtlingskrise," Working Papers, University of Leipzig, Faculty of Economics and Management Science, number 146.
• Belke, Ansgar & Dubova, Irina & Volz, Ulrich, 2016, "Long-term interest rate spillovers from major advanced economies to emerging Asia," Ruhr Economic Papers, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen, number 663, DOI: 10.4419/86788769.
• Nautz, Dieter & Netšunajev, Aleksei & Strohsal, Till, 2016, "The anchoring of inflation expectations in the short and in the long run," SFB 649 Discussion Papers, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk, number 2016-015.
• Netésunajev, Aleksei & Winkelmann, Lars, 2016, "International dynamics of inflation expectations," SFB 649 Discussion Papers, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk, number 2016-019.
• Melnick, Rafi & Strohsal, Till, 2016, "Disinflation and the Phillips Curve: Israel 1986-2015," SFB 649 Discussion Papers, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk, number 2016-039.
• Detmers, Gunda-Alexandra, 2016, "Forward guidance under disagreement: Evidence from the Fed's dot projections," SFB 649 Discussion Papers, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk, number 2016-041.
• Mazelis, Falk, 2016, "Implications of shadow ban regulation for monetary policy at the zero lower bound," SFB 649 Discussion Papers, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk, number 2016-043.
• Duffy, John Michael & Heinemann, Frank, 2016, "Central bank reputation, cheap talk and transparency as substitutes for commitment: Experimental evidence," SFB 649 Discussion Papers, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk, number 2016-053.
• Almosova, Anna, 2016, "Labor market frictions and monetary policy design," SFB 649 Discussion Papers, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk, number 2016-054.
• Bandholz, Harm & Clostermann, Jörg & Seitz, Franz, 2016, "Die Entwicklung der Langfristzinsen in den USA und das "Quantitative Easing" der FED," Arbeitsberichte – Working Papers, Technische Hochschule Ingolstadt (THI), number 40.
• Homburg, Stefan, 2016, "Understanding Benign Liquidity Traps: The Case of Japan," VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association, number 145467.
• Schmidt, Sebastian & Nakata, Taisuke, 2016, "Gradualism and Liquidity Traps," VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association, number 145469.
• Klose, Jens, 2016, "Determinants of Eurosystems Central Banks Provisions," VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association, number 145508.
• Liu, Yulin & Gersbach, Hans & Hahn, Volker, 2016, "Forward Guidance Contracts," VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association, number 145552.
• Breitenlechner, Maximilian & Scharler, Johann, 2016, "The Bank Lending Channel and the Market for Banks' Wholesale Funding," VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association, number 145679.
• Beckers, Benjamin & Bernoth, Kerstin, 2016, "Monetary Policy and Asset Mispricing," VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association, number 145684.
• Detmers, Gunda-Alexandra, 2016, "Forward Guidance under Disagreement - Evidence from the Fed’s dot projections," VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association, number 145768.
• Hachula, Michael & Rieth, Malte & Piffer, Michele, 2016, "Unconventional Monetary Policy, Fiscal Side Effects and Euro Area (Im)balances," VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association, number 145790.
• Eichler, Stefan & Lähner, Tom & Noth, Felix, 2016, "Regional Banking Instability and FOMC Voting," VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association, number 145803.
• Groll, Dominik & Monacelli, Tommaso, 2016, "The Inherent Benefit of Monetary Unions," VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association, number 145807.
• Holtemöller, Oliver, 2016, "Sovereign Stress, Banking Stress, and Corporate Financing Costs in the Euro Area," VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association, number 145820.
• Rüth, Sebastian & Bachmann, Rüdiger, 2016, "Systematic Monetary Policy and the Macroeconomic Effects of Shifts in Loan-to-Value Ratios," VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association, number 145826.
• Scharnagl, Michael & Mandler, Martin & Volz, Ute, 2016, "Heterogeneity in euro area monetary policy transmission: results from a large multi-country BVAR model," VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association, number 145847.
• Link, Thomas & Neyer, Ulrike, 2016, "Transaction Cost Heterogeneity in the Interbank Market and Monetary Policy Implementation under alternative Interest Corridor Systems," VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association, number 145853.
• Kohlbrecher, Britta, 2016, "Optimal Monetary Policy under Rigid Wages and Decreasing Returns," VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association, number 145867.
• Weber, Henning, 2016, "The Optimal Inflation Rate and the Sources of Productivity Growth," VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association, number 145872.
• Glas, Alexander & Hartmann, Matthias, 2016, "Inflation uncertainty, disagreement and monetary policy: Evidence from the ECB Survey of Professional Forecasters," VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association, number 145888.
• Dany, Geraldine, 2016, "The credit channel during times of financial stress: A time varying VAR analysis," VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association, number 145899.
• Wix, Carlo & Schüwer, Ulrich, 2016, "Monetary Policy and Bank Lending: A Natural Experiment from the US Mortgage Market," VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association, number 145943.
• X. Henry Wang & Bill Z. Yang, 2016, "Applications of an IS-MP Model with Yield Curve," Frontiers of Economics in China-Selected Publications from Chinese Universities, Higher Education Press, volume 11, issue 1, pages 142-155, March.
• Yafang Yu, 2016, "Testing Commitment Models of Monetary Policy in China," Frontiers of Economics in China-Selected Publications from Chinese Universities, Higher Education Press, volume 11, issue 4, pages 668-693, December.
• Annina Kaltenbrunner & Juan Pablo Painceira, 2016, "International and Domestic Financialisation in Middle Income Countries; The Brazilian Experience," Working papers, Financialisation, Economy, Society & Sustainable Development (FESSUD) Project, number wpaper146, Feb.
• Brent Meyer & Saeed Zaman, 2016, "The Usefulness of the Median CPI in Bayesian VARs Used for Macroeconomic Forecasting and Policy," FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta, number 2016-13, Nov.
• Jonas E. Arias & Dario Caldara & Juan F. Rubio-Ramirez, 2016, "The Systematic Component of Monetary Policy in SVARs: An Agnostic Identification Procedure," FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta, number 2016-15, Dec.
• Juan Antolin-Diaz & Juan F. Rubio-Ramirez, 2016, "Narrative Sign Restrictions for SVARs," FRB Atlanta Working Paper, Federal Reserve Bank of Atlanta, number 2016-16, Dec.
• Joe Peek & Eric Rosengren & Geoffrey M. B. Tootell, 2016, "Does Fed policy reveal a ternary mandate?," Working Papers, Federal Reserve Bank of Boston, number 16-11, Sep.
• Daniel H. Cooper & María Jose Luengo-Prado & Giovanni P. Olivei, 2016, "Monetary policy and regional house-price appreciation," Working Papers, Federal Reserve Bank of Boston, number 16-18, Nov.
• Ali Ozdagli & Mihail Velikov, 2016, "Show me the money: the monetary policy risk premium," Working Papers, Federal Reserve Bank of Boston, number 16-27, Dec.
• Francisco Blasques & Falk Bräuning & Iman Van Lelyveld, 2016, "A dynamic network model of the unsecured interbank lending market," Working Papers, Federal Reserve Bank of Boston, number 16-3, Apr.
• Falk Bräuning & Victoria Ivashina, 2016, "Monetary policy and global banking," Working Papers, Federal Reserve Bank of Boston, number 17-5, Dec.
• Timothy S. Fuerst & Ron Mau, 2016, "Term Premium Variability and Monetary Policy," Working Papers (Old Series), Federal Reserve Bank of Cleveland, number 1611, May.
• Gary Gorton & Ellis W. Tallman, 2016, "Too-Big-to-Fail before the Fed," Working Papers (Old Series), Federal Reserve Bank of Cleveland, number 1612, May.
• Saroj Bhattarai & Konstantin Egorov, 2016, "Optimal monetary and fiscal policy at the zero lower bound in a small open economy," Globalization Institute Working Papers, Federal Reserve Bank of Dallas, number 260, Jan, DOI: 10.24149/gwp260.
• Ippei Fujiwara & Jiao Wang, 2016, "Optimal monetary policy in open economies revisited," Globalization Institute Working Papers, Federal Reserve Bank of Dallas, number 272, May, DOI: 10.24149/gwp272.
• Carlos Carvalho & Andrea Ferrero & Fernanda Nechio, 2016, "Demographics and real interest rates: inspecting the mechanism," Working Paper Series, Federal Reserve Bank of San Francisco, number 2016-5, Mar, DOI: 10.24148/wp2016-05.
• Carlos Carvalho & Eric Hsu & Fernanda Nechio, 2016, "Measuring the effect of the zero lower bound on monetary policy," Working Paper Series, Federal Reserve Bank of San Francisco, number 2016-6, Apr, DOI: 10.24148/wp2016-06.
• Chun Chang & Zheng Liu & Mark M. Spiegel & Jingyi Zhang, 2016, "Reserve Requirements and Optimal Chinese Stabilization Policy," Working Paper Series, Federal Reserve Bank of San Francisco, number 2016-10, Jun, DOI: 10.24148/wp2016-10.
• Kathryn Holston & Thomas Laubach & John C. Williams, 2016, "Measuring the Natural Rate of Interest: International Trends and Determinants," Working Paper Series, Federal Reserve Bank of San Francisco, number 2016-11, Dec, DOI: 10.24148/wp2016-11.
• Jens H. E. Christensen & Signe Krogstrup, 2016, "A Portfolio Model of Quantitative Easing," Working Paper Series, Federal Reserve Bank of San Francisco, number 2016-12, Jul, DOI: 10.24148/wp2016-12.
• Marianna Kudlyak & Juan M. Sánchez, 2016, "Revisiting the Behavior of Small and Large Firms during the 2008 Financial Crisis," Working Paper Series, Federal Reserve Bank of San Francisco, number 2016-22, Jun, DOI: 10.24148/wp2016-22.
• Timothy S. Hills & Taisuke Nakata & Sebastian Schmidt, 2016, "The Risky Steady State and the Interest Rate Lower Bound," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2016-9, Feb, DOI: 10.17016/FEDS.2016.009.
• Fabian Winkler, 2016, "The Role of Learning for Asset Prices and Business Cycles," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2016-019, Jan, DOI: 10.17016/FEDS.2016.019r1.
• Alyssa G. Anderson & Jeff W. Huther, 2016, "Modelling Overnight RRP Participation," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2016-023, Feb, DOI: 10.17016/FEDS.2016.023.
• Nathan Foley-Fisher & Rodney Ramcharan & Edison Yu, 2016, "The Impact of Unconventional Monetary Policy on Firm Financing Constraints : Evidence from the Maturity Extension Program," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2016-025, Feb, DOI: 10.17016/FEDS.2016.025.
• Alex Hsu & Erica X. N. Li & Francisco J. Palomino, 2016, "Real and Nominal Equilibrium Yield Curves: Wage Rigidities and Permanent Shocks," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2016-032, Apr, DOI: 10.17016/FEDS.2016.032.
• Jeremy J. Nalewaik, 2016, "Inflation Expectations and the Stabilization of Inflation : Alternative Hypotheses," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2016-035, Apr, DOI: 10.17016/FEDS.2016.035.
• Dario Caldara & Edward P. Herbst, 2016, "Monetary Policy, Real Activity, and Credit Spreads : Evidence from Bayesian Proxy SVARs," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2016-049, May, DOI: 10.17016/FEDS.2016.049.
• Taisuke Nakata & Sebastian Schmidt, 2016, "The Risk-Adjusted Monetary Policy Rule," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2016-061, Jul, DOI: 10.17016/FEDS.2016.061.
• Andrea Ajello & Thomas Laubach & J. David López-Salido & Taisuke Nakata, 2016, "Financial Stability and Optimal Interest-Rate Policy," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2016-067, Aug, DOI: 10.17016/FEDS.2016.067.
• Ayelen Banegas & Gabriel Montes-Rojas & Lucas Siga, 2016, "Mutual Fund Flows, Monetary Policy and Financial Stability," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2016-071, Jul, DOI: 10.17016/FEDS.2016.071.
• Kathryn Holston & Thomas Laubach & John C. Williams, 2016, "Measuring the Natural Rate of Interest : International Trends and Determinants," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2016-073, Aug, DOI: 10.17016/FEDS.2016.073.
• Ayelen Banegas & Manjola Tase, 2016, "Reserve Balances, the Federal Funds Market and Arbitrage in the New Regulatory Framework," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2016-079, Sep, DOI: 10.17016/FEDS.2016.079.
• Elizabeth C. Klee & Zeynep Senyuz & Emre Yoldas, 2016, "Effects of Changing Monetary and Regulatory Policy on Overnight Money Markets," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2016-084, Sep, DOI: 10.17016/FEDS.2016.084.
• Taisuke Nakata & Hiroatsu Tanaka, 2016, "Equilibrium Yield Curves and the Interest Rate Lower Bound," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2016-085, Oct, DOI: 10.17016/FEDS.2016.085.
• Marcelo Rezende & Mary-Frances Styczynski & Cindy M. Vojtech, 2016, "The Effects of Liquidity Regulation on Bank Demand in Monetary Policy Operations," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2016-090, Oct, DOI: 10.17016/FEDS.2016.090.
• Taisuke Nakata & Sebastian Schmidt, 2016, "Gradualism and Liquidity Traps," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2016-092, Nov, DOI: 10.17016/FEDS.2016.092.
• Alyssa G. Anderson & John Kandrac, 2016, "Monetary Policy Implementation and Private Repo Displacement : Evidence from the Overnight Reverse Repurchase Facility," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2016-096, Oct, DOI: 10.17016/FEDS.2016.096.
• Jonas E. Arias & Christopher J. Erceg & Mathias Trabandt, 2016, "The Macroeconomic Risks of Undesirably Low Inflation," International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.), number 1162, Apr, DOI: 10.17016/IFDP.2016.1162.
• Nils M. Gornemann & Keith Kuester & Makoto Nakajima, 2016, "Doves for the Rich, Hawks for the Poor? Distributional Consequences of Monetary Policy," International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.), number 1167, May, DOI: 10.17016/IFDP.2016.1167.
• Andrea De Michelis & Matteo Iacoviello, 2016, "Raising an Inflation Target : The Japanese Experience with Abenomics," International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.), number 1168, May, DOI: 10.17016/IFDP.2016.1168.
• Tara Iyer, 2016, "Optimal Monetary Policy in an Open Emerging Market Economy," Working Paper Series, Federal Reserve Bank of Chicago, number WP-2016-6, Jun.
• Jeffrey R. Campbell & Jonas D. M. Fisher & Alejandro Justiniano & Leonardo Melosi, 2016, "Forward Guidance and Macroeconomic Outcomes Since the Financial Crisis," Working Paper Series, Federal Reserve Bank of Chicago, number WP-2016-7, Jun.
• Marco Bassetto & Luca Benzoni & Trevor Serrao, 2016, "The Interplay Between Financial Conditions and Monetary Policy Shocks," Working Paper Series, Federal Reserve Bank of Chicago, number WP-2016-11, Oct.
• Leonardo Melosi, 2016, "Signaling Effects of Monetary Policy," Working Paper Series, Federal Reserve Bank of Chicago, number WP-2016-14, Sep.
• Francesco Bianchi & Leonardo Melosi, 2016, "Constrained Discretion and Central Bank Transparency," Working Paper Series, Federal Reserve Bank of Chicago, number WP-2016-15, Oct.
• Francesco Bianchi & Leonardo Melosi, 2016, "Escaping the Great Recession," Working Paper Series, Federal Reserve Bank of Chicago, number WP-2016-16, Sep.
• Robert Barsky & Christoph E. Boehm & Christopher L. House & Miles Kimball, 2016, "Monetary Policy and Durable Goods," Working Paper Series, Federal Reserve Bank of Chicago, number WP-2016-18, Nov.
• Thomas B. King, 2016, "Expectation and Duration at the Effective Lower Bound," Working Paper Series, Federal Reserve Bank of Chicago, number WP-2016-21, Nov.
• George A. Kahn & Andrew Palmer, 2016, "Monetary Policy at the Zero Lower Bound: Revelations from the FOMC's Summary of Economic Projections," Economic Review, Federal Reserve Bank of Kansas City, issue Q I, pages 5-37.
• Michael Redmond & Willem Van Zandweghe, 2016, "The Lasting Damage from the Financial Crisis to U.S. Productivity," Macro Bulletin, Federal Reserve Bank of Kansas City, pages 1-3, March.
• George A. Kahn & Andrew Palmer, 2016, "Monetary Policy at the Zero Lower Bound: Revelations from the Summary of Economic Projections," Macro Bulletin, Federal Reserve Bank of Kansas City, pages 1-4, April.
• Federal Reserve Bank Kansas City, 2016, "Designing Resilient Monetary Policy Frameworks for the Future : Economic Policy Symposium, Jackson Hole, Wyoming, August 25-27, 2016," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 1-65.
• Brent Bundick & Andrew Lee Smith, 2016, "The dynamic effects of forward guidance shocks," Research Working Paper, Federal Reserve Bank of Kansas City, number RWP 16-2, Jan, DOI: 10.18651/RWP2016-02.
• Jason Choi & Andrew T. Foerster, 2016, "Optimal monetary policy regime switches," Research Working Paper, Federal Reserve Bank of Kansas City, number RWP 16-7, Aug, DOI: 10.18651/RWP2016-07.
• Takushi Kurozumi & Willem Van Zandweghe, 2016, "Price Dispersion and Inflation Persistence," Research Working Paper, Federal Reserve Bank of Kansas City, number RWP 16-9, Oct, DOI: 10.18651/RWP2016-09.
• James B. Bullard & Kevin L. Kliesen, 2016, "Three Challenges to Central Bank Orthodoxy," Review, Federal Reserve Bank of St. Louis, volume 98, issue 1, pages 1-16, DOI: 10.20955/r.2016.1-16.
• James B. Bullard, 2016, "Permazero," Review, Federal Reserve Bank of St. Louis, volume 98, issue 2, DOI: 10.20955/r.2016.81-92.
• Lawrence H. Summers, 2016, "Secular Stagnation and Monetary Policy," Review, Federal Reserve Bank of St. Louis, volume 98, issue 2, DOI: 10.20955/r.2016.93-110.
• Costas Azariadis, 2016, "A Taylor Rule for Public Debt," Review, Federal Reserve Bank of St. Louis, volume 98, issue 3, pages 227-238, DOI: 10.20955/r.2016.227-238.
• Jesús Bejarano & Franz Hamann & Paulina Restrepo-Echavarria & Diego Rodríguez, 2016, "Monetary Policy in an Oil-Exporting Economy," Review, Federal Reserve Bank of St. Louis, volume 98, issue 3, pages 239-261, DOI: 10.20955/r.2016.239-261.
• Marianna Kudlyak & Juan M. Sánchez, 2016, "Revisiting Gertler-Gilchrist Evidence on the Behavior of Small and Large Firms," Working Papers, Federal Reserve Bank of St. Louis, number 2016-5, Mar, DOI: 10.20955/wp.2016.005.
• Carlos Garriga & Finn E. Kydland & Roman Šustek, 2016, "Nominal rigidities in debt and product markets," Working Papers, Federal Reserve Bank of St. Louis, number 2016-17, Aug, DOI: 10.20955/wp.2016.017.
• Fernando M. Martin, 2016, "The Value of Constraints on Discretionary Government Policy," Working Papers, Federal Reserve Bank of St. Louis, number 2016-19, Feb, DOI: 10.20955/wp.2016.019.
• Ricardo Lagos & Shengxing Zhang, 2016, "Turnover Liquidity and the Transmission of Monetary Policy," Working Papers, Federal Reserve Bank of Minneapolis, number 734, May.
• William Dudley, 2016, "The U.S. economic outlook and implications for monetary policy," Speech, Federal Reserve Bank of New York, number 191, Jan.
• William Dudley, 2016, "The U.S. economic outlook and implications for monetary policy," Speech, Federal Reserve Bank of New York, number 194, Feb.
• William Dudley, 2016, "The U.S. economic outlook and the implications for monetary policy," Speech, Federal Reserve Bank of New York, number 214, Jul.
• Dong Beom Choi & Hyun-Soo Choi, 2016, "The effect of monetary policy on bank wholesale funding," Staff Reports, Federal Reserve Bank of New York, number 759, Jan.
• Sushant Acharya & Julien Bengui, 2016, "Liquidity traps, capital flows," Staff Reports, Federal Reserve Bank of New York, number 765, Jan.
• Fernando M. Duarte, 2016, "How to escape a liquidity trap with interest rate rules," Staff Reports, Federal Reserve Bank of New York, number 776, Feb.
• Stefano Eusepi & Bruce Preston, 2016, "The science of monetary policy: an imperfect knowledge perspective," Staff Reports, Federal Reserve Bank of New York, number 782, Jun.
• Tobias Adrian & Fernando M. Duarte, 2016, "Financial vulnerability and monetary policy," Staff Reports, Federal Reserve Bank of New York, number 804, Dec.
• Thorsten Drautzburg, 2016, "A narrative approach to a fiscal DSGE model," Working Papers, Federal Reserve Bank of Philadelphia, number 16-11, Mar.
• Jesús Fernández-Villaverde & Daniel R. Sanches, 2016, "Can currency competition work?," Working Papers, Federal Reserve Bank of Philadelphia, number 16-12, Apr.
• Shigeru Fujita & Ippei Fujiwara, 2016, "Declining Trends In The Real Interest Rate And Inflation: The Role Of Aging," Working Papers, Federal Reserve Bank of Philadelphia, number 16-29, Nov.
• Roc Armenter, 2016, "The Perils of Nominal Targets," Working Papers, Federal Reserve Bank of Philadelphia, number 16-30, Nov.
• Roc Armenter & Benjamin Lester, 2016, "Excess Reserves and Monetary Policy Implementation," Working Papers, Federal Reserve Bank of Philadelphia, number 16-33, Nov.
• Marianna Kudlyak & Juan M. Sánchez, 2016, "Revisiting Gertler-Gilchrist Evidence on the Behavior of Small and Large Firms," Working Paper, Federal Reserve Bank of Richmond, number 16-5, Apr.
• Gary Richardson & Patrick Van Horn, 2016, "In the Eye of a Storm: Manhattan's Money Center Banks during the International Financial Crisis of 1931," Working Paper, Federal Reserve Bank of Richmond, number 16-7, Jul.
• Robert L. Hetzel, 2016, "What Caused the Great Recession in the Eurozone?," Working Paper, Federal Reserve Bank of Richmond, number 16-10, Aug.
• Robert L. Hetzel, 2016, "A Proposal to Clarify the Objectives and Strategy of Monetary Policy," Working Paper, Federal Reserve Bank of Richmond, number 16-11, Sep.
• Pesenti, Amos, 2016, "The meaning of monetary stability," FSES Working Papers, Faculty of Economics and Social Sciences, University of Freiburg/Fribourg Switzerland, number 475, Oct.