Research classified by Journal of Economic Literature (JEL) codes

---

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

2015

• Paul Jenkins & David Longworth, 2015, "Securing Monetary and Financial Stability: Why Canada Needs a Macroprudential Policy Framework," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 429, June.
• Craig Alexander & Paul Jacobson, 2015, "Mortgaged to the Hilt: Risks From The Distribution of Household Mortgage Debt," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 441, December.
• Aaron Jacobs & Finn Poschmann, 2015, "Improving on the CPI: A Proposal for a Better Inflation Indicator," e-briefs, C.D. Howe Institute, number 213, Aug.
• Walsh, Carl E, 2015, "Goals and Rules in Central Bank Design," Santa Cruz Department of Economics, Working Paper Series, Department of Economics, UC Santa Cruz, number qt3md9p6t5, Jan.
• Diego Winkelried & José Enrique Gutierrez, 2015, "Regional inflation dynamics and inflation targeting. The case of Peru," Journal of Applied Economics, Universidad del CEMA, volume 18, pages 199-224, November.
• Mercedes Haga, 2015, "On central bank independence and political cycles," Journal of Applied Economics, Universidad del CEMA, volume 18, pages 267-296, November.
• Stephen Hansen & Michael McMahon & Andrea Prat, 2015, "The dilemma of central bank transparency," CentrePiece - The magazine for economic performance, Centre for Economic Performance, LSE, number 439, Jan.
• Jakub Mateju, 2015, "Limited Liability, Asset Price Bubbles and the Credit Cycle: The Role of Monetary Policy," CERGE-EI Working Papers, The Center for Economic Research and Graduate Education - Economics Institute, Prague, number wp535, Mar.
• Volha Audzei, 2015, "Information Acquisition and Excessive Risk: Impact of Policy Rate and Market Volatility," CERGE-EI Working Papers, The Center for Economic Research and Graduate Education - Economics Institute, Prague, number wp536, Mar.
• Robert Ambrisko, 2015, "A Small Open Economy with the Balassa-Samuelson Effect," CERGE-EI Working Papers, The Center for Economic Research and Graduate Education - Economics Institute, Prague, number wp547, Aug.
• Antonio Mele & Krisztina Molnár & Sergio Santoro, 2015, "On the Perils of Stabilizing Prices when Agents are Learning," CESifo Working Paper Series, CESifo, number 5173.
• Michael D. Bauer & Glenn D. Rudebusch, 2015, "Resolving the Spanning Puzzle in Macro-Finance Term Structure Models," CESifo Working Paper Series, CESifo, number 5187.
• Stefan Homburg, 2015, "Superneutrality of Money under Open Market Operations," CESifo Working Paper Series, CESifo, number 5219.
• Carsten Hefeker & Michael Neugart, 2015, "Fiscal Transfers in a Monetary Union with Exit Option," CESifo Working Paper Series, CESifo, number 5244.
• Mordecai Kurz & Maurizio Motolese & Giulia Piccillo & Howei Wu, 2015, "Monetary Policy with Diverse Private Expectations," CESifo Working Paper Series, CESifo, number 5252.
• Carl Walsh, 2015, "Goals and Rules in Central Bank Design," CESifo Working Paper Series, CESifo, number 5293.
• Giovanni Melina & Stefania Villa, 2015, "Leaning Against Windy Bank Lending," CESifo Working Paper Series, CESifo, number 5317.
• Alessandro Cantelmo & Giovanni Melina, 2015, "Monetary Policy and the Relative Price of Durable Goods," CESifo Working Paper Series, CESifo, number 5328.
• Hans Gersbach & Volker Hahn & Yulin Liu, 2015, "Forward Guidance Contracts," CESifo Working Paper Series, CESifo, number 5375.
• Engin Kara & Ahmed Jamal Pirzada, 2015, "Risk, Intermediate Input Prices and Missing Deflation During the Great Recession," CESifo Working Paper Series, CESifo, number 5429.
• Troy Davig & Refet S. Gürkaynak, 2015, "Is Optimal Monetary Policy Always Optimal?," CESifo Working Paper Series, CESifo, number 5473.
• Refet S. Gürkaynak & Zeynep Kantur & M. Anil Tas & Seçil Yildirim, 2015, "Monetary Policy in Turkey after Central Bank Independence," CESifo Working Paper Series, CESifo, number 5582.
• Johannes Ströbel & Joseph Vavra, 2015, "House Prices, Local Demand, and Retail Prices," CESifo Working Paper Series, CESifo, number 5607.
• Lukas Vogel, 2015, "Stabilisation and Rebalancing with Fiscal or Monetary Devaluation: A Model-Based Comparison," CESifo Working Paper Series, CESifo, number 5625.
• Daniela Wech, 2015, "Central Banks: Functions, Decision-making and Accountability," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, volume 13, issue 03, pages 68-71, October.
• Jens Weidmann, 2015, "The Role of Financial Stability with Regard to Monetary Policy," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, volume 16, issue 01, pages 55-63, May.
• Hans-Peter Burghof & Otte,Max & Tobias Tröger & Ansgar Belke & Thorsten Polleit & Martin Klein, 2015, "Negativzinsen bei Geschäftsbanken: Welche Effekte sind zu erwarten?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, volume 68, issue 02, pages 05-25, January.
• Gerhard Rösl & Karl-Heinz Tödter, 2015, "Wie teuer ist die Niedrigzinspolitik der EZB für Deutschland?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, volume 68, issue 07, pages 43-50, April.
• Matthias Brendel & Jakob Eberl & Christopher Weber, 2015, "Riskante Risikokontrolle," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, volume 68, issue 14, pages 41-49, July.
• Daniela Wech, 2015, "Ein Überblick über Funktionen, Entscheidungsstrukturen und Rechenschaftspflichten von Zentralbanken," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, volume 68, issue 22, pages 48-51, November.
• José Manuel Madeira Belbute, 2015, "Assessing core inflation indicators: evidence for Angola," CEFAGE-UE Working Papers, University of Evora, CEFAGE-UE (Portugal), number 2015_01.
• José Manuel Madeira Belbute, 2015, "Measuring persistence in inflation: evidence for Angola," CEFAGE-UE Working Papers, University of Evora, CEFAGE-UE (Portugal), number 2015_02.
• Riccardo M. Masolo & Francesca Monti, 2015, "Monetary Policy with Ambiguity Averse Agents," Discussion Papers, Centre for Macroeconomics (CFM), number 1506, Mar.
• John Barrdear, 2015, "Towards a New Keynesian Theory of the Price Level," Discussion Papers, Centre for Macroeconomics (CFM), number 1509, May.
• Nick Butt & Rohan Churm & Michael McMahon & Arpad Morotz & Jochen Schanz, 2015, "QE and the Bank Lending Channel in the United Kingdom," Discussion Papers, Centre for Macroeconomics (CFM), number 1523, Oct.
• Gianluca Benigno & Luca Fornaro, 2015, "Stagnation Traps," Discussion Papers, Centre for Macroeconomics (CFM), number 1606, Jan, revised Dec 2015.
• Silvia Miranda-Agrippino, 2015, "Unsurprising Shocks: Information, Premia, and the Monetary Transmission," Discussion Papers, Centre for Macroeconomics (CFM), number 1613, Jun, revised Apr 2016.
• Silvia Miranda-Agrippino & Giovanni Ricco, 2015, "The Transmission of Monetary Policy Shocks," Discussion Papers, Centre for Macroeconomics (CFM), number 1711, Sep, revised Feb 2017.
• Butt, Nick & Churm, Rohan & McMahon, Michael & Morotz, Arpad & Schanz, Jochen, 2015, "QE and the Bank Lending Channel in the United Kingdom," CAGE Online Working Paper Series, Competitive Advantage in the Global Economy (CAGE), number 244.
• Hansen, Stephen & McMahon, Michael, 2015, "Shocking language: Understanding the macroeconomic effects of central bank communication," CAGE Online Working Paper Series, Competitive Advantage in the Global Economy (CAGE), number 258.
• Francisco Rosende & Matías Tapia, 2015, "Monetary Policy in Chile: Institutions, Objectives,and Instruments," Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile, chapter 12, in: Ricardo J. Caballero & Klaus Schmidt-Hebbel, "Economic Policies in Emerging-Market Economies Festschrift in Honor of Vittorio Corbo".
• Luis Ceballos & Alberto Naudon & Damián Romero, 2015, "Nominal Term Structure and Term Premia: Evidence from Chile," Working Papers Central Bank of Chile, Central Bank of Chile, number 752, Feb.
• Kjell G. NYBORG, 2015, "Central Bank Collateral Frameworks," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 15-10, Feb.
• Sandro Claudio LERA & Didier SORNETTE, 2015, "Nonparametric Empirical Evidence for Krugman's Target Zone Model," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 15-22, Jul.
• Sandro Claudio LERA & Didier SORNETTE, 2015, "Constrained Random Walk Models for Euro/Swiss Franc Exchange Rates: Theory and Empirics," Swiss Finance Institute Research Paper Series, Swiss Finance Institute, number 15-33, Aug.
• Stéphane Lhuissier, 2015, "The Regime-switching volatility of Euro Area Business Cycles," Working Papers, CEPII research center, number 2015-22, Nov.
• Jesper Berg & Laurent Clerc & Olivier Garnier & Erik Nielsen & Natacha Valla, 2015, "From the Investment Plan to the Capital Markets Union: European Financial Structure and Cross Border Risk-sharing," Working Papers, CEPII research center, number 2015-34, Dec.
• Hiroyuki Taguchi & Pravakar Sahoo & Geethanjali Nataraj, 2015, "Capital flows and asset prices: Empirical evidence from emerging and developing economies," International Economics, CEPII research center, issue 141, pages 1-14.
• Muhamed Zulkhibri, 2015, "Interest burden and external finance choices in emerging markets: Firm-level data evidence from Malaysia," International Economics, CEPII research center, issue 141, pages 15-33.
• Aurélien Leroy & Yannick Lucotte, 2015, "Heterogeneous monetary transmission process in the Eurozone: Does banking competition matter?," International Economics, CEPII research center, issue 141, pages 115-134.
• Michel Aglietta & Virginie Coudert, 2015, "Les cycles de l’endettement, le dollar et l’économie mondiale," La Lettre du CEPII, CEPII research center, issue 359.
• Natacha Valla & Jesper Berg & Laurent Clerc & Olivier Garnier & Erik Nielsen, 2015, "A holistic approach to ECB asset purchases, the Investment Plan and CMU," CEPII Policy Brief, CEPII research center, number 2015-07, Apr.
• Michel Aglietta & Virginie Coudert, 2015, "Currency turmoil in an unbalanced world economy," CEPII Policy Brief, CEPII research center, number 2015-08, Jul.
• Juan C. Medina & Robert R. Reed & Ejindu S. Ume, 2015, "The asymmetric effects of monetary policy on housing across the level of development," Estudios Regionales en Economía, Población y Desarrollo. Cuadernos de Trabajo de la Universidad Autónoma de Ciudad Juárez., Cuerpo Académico 41 de la Universidad Autónoma de Ciudad Juárez, number 30, Nov, revised 01 Nov 2015.
• Apostolos Serletis & Khandokar Istiak, , "Are the Responses of the U.S. Economy Asymmetric to Positive and Negative Money Supply Shocks?," Working Papers, Department of Economics, University of Calgary, number 2015-17, revised 10 Aug 2015.
• Zina CIORAN, 2015, "Var Analysis Of The Transmission Mechanism Of Monetary Policy In Romania," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 7, pages 153-164, April.
• Jan Bruha, 2015, "Dynamics of Linear Forward-looking Structural Macroeconomic Models at the Zero Lower Bound: Do Solution Techniques Matter?," Working Papers, Czech National Bank, Research and Statistics Department, number 2015/13, Dec.
• Jakub Mateju & Michal Kejak, 2015, "Limited Liability, Asset Price Bubbles and the Credit Cycle: The Role of Monetary Policy," Working Papers, Czech National Bank, Research and Statistics Department, number 2015/16, Dec.
• Kengo Nutahara, 2015, "Do Credit Market Imperfections Justify a Central Bank’s Response to Asset Price Fluctuations?," CIGS Working Paper Series, The Canon Institute for Global Studies, number 15-003E, Sep.
• Ida-Maria Weirsøe Fallesen, 2015, "The Challenges of the EU Banking Union - will it succeed in dealing with the next financial crisis?," Bruges European Economic Policy Briefings, European Economic Studies Department, College of Europe, number 36, Oct.
• Gibran Watfe, 2015, "The Impact of the ECB's Asset Purchase Programmes on Sovereign Bond Spreads in the Euro Area," Bruges European Economic Research Papers, European Economic Studies Department, College of Europe, number 35, Sep.
• Jorge David Quintero Otero, 2015, "Canales de transmisi√≥n de la pol√≠tica monetaria en pa√≠ses de Am√©rica Latina: una explicaci√≥n a partir de las caracter√≠sticas de la industria manufacturera," Documentos CEDE, Universidad de los Andes, Facultad de Economía, CEDE, number 12571, Feb.
• Jorge David Quintero Otero, 2015, "Impactos regionales y sectoriales de la pol√≠tica monetaria en Colombia," Documentos CEDE, Universidad de los Andes, Facultad de Economía, CEDE, number 12577, Feb.
• Mauricio Villamizar-Villegas & David Perez-Reyna, 2015, "A Survey on the Effects of Sterilized Foreign Exchange Intervention," Borradores de Economia, Banco de la Republica, number 12424, Jan.
• Franz Hamann & Jes�s Bejarano & Diego Rodr�guez, 2015, "Monetary policy implications for an oil-exporting economy of lower long-run international oil prices," Borradores de Economia, Banco de la Republica, number 12615, Mar.
• Fernando Tenjo Galarza & Enrique L�pez Enciso & H�ctor Z�rate Solano, 2015, "Riesgo de cr�dito y la transmisi�n de la pol�tica monetaria en Colombia," Borradores de Economia, Banco de la Republica, number 12616, Mar.
• Ximena Chavarro-Sanchez & Deicy Cristiano-Botia & Jose E. Gomez-Gonzalez & Carlos Huertas-Campos Eliana Gonz�lez-Molano, 2015, "Evaluaci�n de la transmisi�n de la tasa de inter�s de referencia a las tasas de inter�s del sistema financiero," Borradores de Economia, Banco de la Republica, number 12625, Mar.
• Yasin Kursat Onder & Mauricio Villamizar-Villegas, 2015, "Simultaneous Monetary Policies in the Context of the Trilemma: Evidence from the Central Bank of Turkey," Borradores de Economia, Banco de la Republica, number 13203, Jul.
• Nataly Rendón González & Jes�s Alonso Botero, 2015, "Política monetaria convencional y no convencional: un modelo de equilibrio general dinámico estocástico para Colombia," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, volume 33, issue 76, pages 4-17, DOI: 10.1016/j.espe.2015.02.002.
• Jorge David Quintero Otero, 2015, "Impactos de la política monetaria y canales de transmisión en países de América Latina con esquema de inflación objetivo," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, volume 33, issue 76, pages 61-75, DOI: 10.1016/j.espe.2015.02.001.
• Martha López, 2015, "Asset price bubbles and monetary policy in a small open economy," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, volume 33, issue 77, pages 93-102, DOI: 10.1016/j.espe.2014.11.003.
• José Mauricio Gil León, 2015, "Relación entre política monetaria y estabilidad financiera: un análisis aplicado para Colombia," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, volume 33, issue 77, pages 133-148, DOI: 10.1016/j.espe.2015.04.001.
• Leonardo Villar & Jos� Vicente Romero & C�sar Pab�n, 2015, "Política cambiaria, monetaria y fiscal: ¿ha aprendido Colombia a mitigar los efectos de las crisis?," Informes de Investigación, Fedesarrollo, number 13616, Jul.
• Hernando Vargas & Andr�s Gonz�lez & Ignacio Lozano, 2015, "Macroeconomic Gains from Structural Fiscal Policy Adjustments: The Case of Colombia," Economía Journal, The Latin American and Caribbean Economic Association - LACEA, volume 0, issue Spring 20, pages 39-81.
• Andrés A. Acuna & Cristi�n F. Pinto, 2015, "Efectos de las decisiones de política del Banco Central sobre los retornos de la Bolsa de Comercio en Chile," Revista Ecos de Economía, Universidad EAFIT, volume 19, issue 40, pages 48-65.
• Graciela Chaparro Guevara & Lorenzo Escot Mangas, 2015, "El control de sistemas dinámicos caóticos en economía: aplicación a un modelo de hiperinflación," Revista Finanzas y Politica Economica, Universidad Católica de Colombia, volume 7, issue 1, pages 131-145.
• Manuel Bernal Garzón, 2015, "Evolución del senoreaje en un periodo de profundas transformaciones económicas," Revista Equidad y Desarrollo, Universidad de la Salle, DOI: 10.19052/ed.3432.
• Vari, Miklos, 2015, "Implementing Monetary Policy in a Fragmented Monetary Union," CEPREMAP Working Papers (Docweb), CEPREMAP, number 1516, Aug.
• Piotr Ryszard Pluciennik, 2015, "The Assessment of Polish Bank Sector Condition on the Basis of Swap Spreads," Acta Universitatis Nicolai Copernici, Ekonomia, Uniwersytet Mikolaja Kopernika, volume 46, issue 1, pages 7-22.
• Quadrini, Vincenzo & Meh, Césaire A. & Terajima, Yaz, 2015, "Limited Nominal Indexation of Optimal Financial Contracts," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10330, Jan.
• Cukierman, Alex, 2015, "The Political Economy of US Bailouts, Unconventional Monetary Policy, Credit Arrest and Inflation during the Financial Crisis," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10349, Jan.
• Fratzscher, Marcel & Rieth, Malte, 2015, "Monetary policy, bank bailouts and the sovereign-bank risk nexus in the euro area," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10370, Jan.
• Fornaro, Luca, 2015, "International Debt Deleveraging," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10469, Mar.
• Kollintzas, Tryphon & Tsoukalas, Konstantinos, 2015, "Bank and Sovereign Risk Interdependence in the Euro Area," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10485, Mar.
• Weale, Martin & Wieladek, Tomasz, 2015, "What are the macroeconomic effects of asset purchases?," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10495, Mar.
• Honkapohja, Seppo & Mitra, Kaushik, 2015, "Comparing Inflation and Price Level Targeting: the Role of Forward Guidance and Transparency," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10513, Mar.
• Brunnermeier, Markus & Schnabel, Isabel, 2015, "Bubbles and Central Banks: Historical Perspectives," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10528, Apr.
• Eijffinger, Sylvester & Uras, Burak & Grajales, Anderson, 2015, "Heterogeneity in Wage Setting Behavior in a New-Keynesian Model," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10532, Apr.
• Wagner, Wolf & Peersman, Gert, 2015, "Shocks to Bank Lending, Risk-Taking, Securitization, and their Role for U.S. Business Cycle Fluctuations," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10547, Apr.
• Bacchetta, Philippe & van Wincoop, Eric & Perazzi, Elena, 2015, "Self-Fulfilling Debt Crises: Can Monetary Policy Really Help?," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10609, May.
• Ströbel, Johannes & Vavra, Joseph, 2015, "House Prices, Local Demand, and Retail Prices," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10612, May.
• Schularick, Moritz & Ferguson, Niall & Schaab, Andreas, 2015, "Central Bank Balance Sheets: Expansion and Reduction since 1900," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10635, May.
• Nyborg, Kjell, 2015, "Central Bank Collateral Frameworks," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10663, Jun.
• Svensson, Lars E.O., 2015, "Forward Guidance," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10669, Jun.
• Uribe, Martín & Schmitt-Grohé, Stephanie & Yue, Vivian & Na, Seunghoon, 2015, "A Model of the Twin Ds: Optimal Default and Devaluation," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10697, Jul.
• Blanchard, Olivier & Linde, Jesper & Erceg, Christopher, 2015, "Jump-Starting the Euro Area Recovery: Would a Rise in Core Fiscal Spending Help the Periphery?," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10716, Jul.
• Muellbauer, John & Aron, Janine & Sebudde, Rachel, 2015, "Inflation forecasting models for Uganda: is mobile money relevant?," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10739, Jul.
• Gürkaynak, Refet, 2015, "Is Optimal Monetary Policy Always Optimal?," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10767, Aug.
• Tenreyro, Silvana & Sterk, Vincent, 2015, "The Transmission of Monetary Policy through Redistributions and Durable Purchases," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10785, Aug.
• Tenreyro, Silvana & Thwaites, Gregory, 2015, "Pushing on a String: US Monetary Policy is Less Powerful in Recessions," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10786, Aug.
• Müller, Gernot & Kriwoluzky, Alexander & Wolf, Martin, 2015, "Exit expectations and debt crises in currency unions," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10817, Sep.
• Orphanides, Athanasios, 2015, "Fear of Liftoff: Uncertainty, Rules and Discretion in Monetary Policy Normalization," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10818, Sep.
• Reichlin, Pietro, 2015, "Money Creation: Tax or Public Liquidity?," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10819, Sep.
• Cukierman, Alex, 2015, "The choice of flexibility in targeting inflation during normal times and during disinflation," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10827, Sep.
• Weil, Philippe & Lombardo, Giovanni & Mendicino, Caterina & Finocchiaro, Daria, 2015, "Optimal Inflation with Corporate Taxation and Financial Constraints," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10847, Sep.
• Canova, Fabio & Bluwstein, Kristina, 2015, "Beggar-thy-neighbor? The international effects of ECB unconventional monetary policy measures," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10856, Oct.
• McMahon, Michael & Morotz, Arpad & Butt, Nicholas & Schanz, Jochen & Churm, Rohan, 2015, "QE and the Bank Lending Channel in the United Kingdom," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10875, Oct.
• Woodford, Michael & Garcia-Schmidt, Mariana, 2015, "Are Low Interest Rates Deflationary? A Paradox of Perfect-Foresight Analysis," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10893, Oct.
• Allsopp, Christopher & Vines, David, 2015, "Monetary and fiscal policy in the Great Moderation and the Great Recession," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10894, Oct.
• Vines, David & Luk, Paul, 2015, "The Optimal Coordination of Fiscal and Monetary Policy in a New Keynesian Framework," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10895, Oct.
• Adam, Klaus & Tzamourani, Panagiota, 2015, "Distributional Consequences of Asset Price Inflation in the Euro Area," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10897, Oct.
• Gürkaynak, Refet & Yıldırım-Karaman, Seçil & Tas, Mustafa Anil & Kantur, Zeynep, 2015, "Monetary Policy in Turkey after Central Bank Independence," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10904, Oct.
• Cecchetti, Stephen, 2015, "On the separation of monetary and prudential policy: how much of the pre-crisis consensus remains?," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10949, Nov.
• Ghironi, Fabio & Duval, Romain & Fiori, Giuseppe & Cacciatore, Matteo, 2015, "Short-Term Pain for Long-Term Gain: Market Deregulation and Monetary Policy in Small Open Economies," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 10982, Dec.
• Vayanos, Dimitri & Greenwood, Robin & Hanson, Samuel G, 2015, "Forward Guidance in the Yield Curve: Short Rates versus Bond Supply," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11005, Dec.
• Woodford, Michael & Cúrdia, Vasco, 2015, "Credit Frictions and Optimal Monetary Policy," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11016, Dec.
• McMahon, Michael & Hansen, Stephen, 2015, "Shocking language: Understanding the macroeconomic effects of central bank communication," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11018, Dec.
• Surico, Paolo & Cloyne, James & Ferreira, Clodomiro, 2015, "Monetary Policy when Households have Debt: New Evidence on the Transmission Mechanism," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11023, Dec.
• Rubio-Ramírez, Juan Francisco & Schorfheide, Frank & Fernández-Villaverde, Jesús, 2015, "Solution and Estimation Methods for DSGE Models," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 11032, Dec.
• Christian Rohe & Matthias Hartermann, 2015, "The role of external shocks for monetary policy in Colombia and Brazil: A Bayesian SVAR analysis," CQE Working Papers, Center for Quantitative Economics (CQE), University of Muenster, number 4215, Jun.
• Janine Aron & John Muellbauer & Rachel Sebudde, 2015, "Inflation forecasting models for Uganda: is mobile money relevant?," CSAE Working Paper Series, Centre for the Study of African Economies, University of Oxford, number 2015-17.
• Mordecai Kurz & Maurizio Motolese & Giulia Piccillo & Howei Wu, 2015, "Monetary Policy with Diverse Private Expectations," DISCE - Working Papers del Dipartimento di Economia e Finanza, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE), number def022, Jan.
• Gerasimos T. Soldatos & Erotokritos Varelas, 2015, "Monetary rules and fiscal feedback rules," Cuadernos de Economía - Spanish Journal of Economics and Finance, Asociación Cuadernos de Economía, volume 38, issue 106, pages 37-45, Abril.
• Bryan Perry & Kerk L Phillips & David E. Spencer, 2015, "State-Level Variation in the Real Wage Response to Monetary Policy," Annals of Economics and Finance, Society for AEF, volume 16, issue 1, pages 1-17, May.
• Masciandaro, Donato & Romelli, Davide, 2015, "Ups and downs of central bank independence from the Great Inflation to the Great Recession: theory, institutions and empirics," Financial History Review, Cambridge University Press, volume 22, issue 3, pages 259-289, December.
• Creel, Jérôme & Hubert, Paul, 2015, "Has Inflation Targeting Changed The Conduct Of Monetary Policy?," Macroeconomic Dynamics, Cambridge University Press, volume 19, issue 1, pages 1-21, January.
• El-Shagi, Makram & Giesen, Sebastian & Kelly, Logan J., 2015, "The Quantity Theory Revisited: A New Structural Approach," Macroeconomic Dynamics, Cambridge University Press, volume 19, issue 1, pages 58-78, January.
• Motta, Giorgio & Tirelli, Patrizio, 2015, "Money Targeting, Heterogeneous Agents, And Dynamic Instability," Macroeconomic Dynamics, Cambridge University Press, volume 19, issue 2, pages 288-310, March.
• Belongia, Michael T. & Ireland, Peter N., 2015, "A “Working” Solution To The Question Of Nominal Gdp Targeting," Macroeconomic Dynamics, Cambridge University Press, volume 19, issue 3, pages 508-534, April.
• Murray, Christian J. & Nikolsko-Rzhevskyy, Alex & Papell, David H., 2015, "Markov Switching And The Taylor Principle," Macroeconomic Dynamics, Cambridge University Press, volume 19, issue 4, pages 913-930, June.
• Cline, William R., 2015, "Quantity Theory of Money Redux? Will Inflation be the Legacy of Quantitative Easing?," National Institute Economic Review, National Institute of Economic and Social Research, volume 234, issue , pages 15-26, November.
• Chadha, Jagjit S., 2015, "The New Art of Central Banking," National Institute Economic Review, National Institute of Economic and Social Research, volume 234, issue , pages 27-39, November.
• Kimball, Miles S., 2015, "Negative Interest Rate Policy as Conventional Monetary Policy," National Institute Economic Review, National Institute of Economic and Social Research, volume 234, issue , pages 5-14, November.
• Ricardo Ramalhete MOREIRA, 2015, "Reviewing Taylor rules for Brazil: was there a turning-point?," Journal of Economics and Political Economy, EconSciences Journals, volume 2, issue 2, pages 276-289, June.
• Leroi RAPUTSOANE, 2015, "The lean versus clean debate and monetary policy in South Africa," Journal of Economics and Political Economy, EconSciences Journals, volume 2, issue 4, pages 467-480, December.
• Tafirenyika SUNDE, 2015, "The effects of monetary policy on unemployment in Namibia," Journal of Economic and Social Thought, EconSciences Journals, volume 2, issue 4, pages 256-274, December.
• Joanne GUO, 2015, "Quantitative Easingand U.S. Financial Asset Returns," Journal of Economics Bibliography, EconSciences Journals, volume 2, issue 3, pages 76-105, September.
• Edgar Ventura Neyra & Gabriel Rodríguez, 2015, "Explaining the Determinants of the Frequency of Exchange Rate Interventions in Peru Using Count Models," Applied Economics Quarterly (formerly: Konjunkturpolitik), Duncker & Humblot GmbH, Berlin, volume 61, issue 3, pages 261-292, DOI: 10.3790/aeq.61.3.261.
• Hefeker, Carsten & Neugart, Michael, 2015, "Fiscal transfers in a monetary union with exit option," Publications of Darmstadt Technical University, Institute for Business Studies (BWL), Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL), number 75221, Aug.
• Marcel Fratzscher & Malte Rieth, 2015, "Monetary Policy, Bank Bailouts and the Sovereign-Bank Risk Nexus in the Euro Area," Discussion Papers of DIW Berlin, DIW Berlin, German Institute for Economic Research, number 1448.
• Farley Grubb, 2015, "Common Currency versus Currency Union: The U.S. Continental Dollar and Denominational Structure, 1775-1779," Working Papers, University of Delaware, Department of Economics, number 15-10.
• Jonas E. Arias & Dario Caldara & Juan F. Rubio-Ramirez, 2015, "The Systematic Component of Monetary Policy in SVARs: An Agnostic Identification Procedure," International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.), number 1131, Mar, DOI: 10.17016/IFDP.2015.1131.
• Bernardo Morais & José-Luis Peydró & Claudia Ruiz-Ortega, 2015, "The International Bank Lending Channel of Monetary Policy Rates and QE: Credit Supply, Reach-for-Yield, and Real Effects," International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.), number 1137, Jul, DOI: 10.17016/IFDP.2015.1137.
• Michiel De Pooter & Robert F. Martin & Seth Pruitt & Rebecca DeSimone, 2015, "Cheap Talk and the Efficacy of the ECB’s Securities Market Programme: Did Bond Purchases Matter?," International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.), number 1139, Jul, DOI: 10.17016/IFDP.2015.1139.
• Willem Van Zandweghe, 2015, "Monetary Policy Shocks and Aggregate Supply," Economic Review, Federal Reserve Bank of Kansas City, issue Q III, pages 31-56.
• Thealexa Becker & Andrew Lee Smith, 2015, "Has Forward Guidance Been Effective?," Economic Review, Federal Reserve Bank of Kansas City, issue Q III, pages 57-78.
• Sandra A. Cannon, 2015, "Sentiment of the FOMC: Unscripted," Economic Review, Federal Reserve Bank of Kansas City, issue Q IV, pages 5-31.
• Brent Bundick, 2015, "Estimating the Monetary Policy Rule Perceived by Forecasters," Economic Review, Federal Reserve Bank of Kansas City, issue Q IV, pages 33-49.
• Thealexa Becker & Andrew Lee Smith, 2015, "Has forward guidance been effective?," Macro Bulletin, Federal Reserve Bank of Kansas City, pages 1-3, September.
• Brent Bundick, 2015, "Estimating the monetary policy rule perceived by forecasters," Macro Bulletin, Federal Reserve Bank of Kansas City, pages 1-3, December.
• Federal Reserve Bank Kansas City, 2015, "Inflation Dynamics and Monetary Policy : Economic Policy Symposium, Jackson Hole, Wyoming, August 27-29, 2015," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 1-520.
• Susanto Basu & Brent Bundick, 2015, "Endogenous volatility at the zero lower bound: implications for stabilization policy," Research Working Paper, Federal Reserve Bank of Kansas City, number RWP 15-1, Jan, DOI: 10.18651/RWP2015-01.
• Troy Davig & Refet S. Gürkaynak, 2015, "Is optimal monetary policy always optimal?," Research Working Paper, Federal Reserve Bank of Kansas City, number RWP 15-5, Jul.
• Yasuo Hirose & Takushi Kurozumi & Willem Van Zandweghe, 2015, "Monetary policy, trend inflation, and the Great Moderation: an alternative interpretation: comment based on system estimation," Research Working Paper, Federal Reserve Bank of Kansas City, number RWP 15-17, Dec, DOI: 10.18651/RWP2015-17.
• James B. Bullard, 2015, "Three Challenges to Central Bank Orthodoxy," Speech, Federal Reserve Bank of St. Louis, number 251, Oct.
• James B. Bullard, 2015, "Permazero," Speech, Federal Reserve Bank of St. Louis, number 256, Nov.
• Diana A. Cooke & William T. Gavin, 2015, "Three Scenarios for Interest Rates in the Transition to Normalcy," Review, Federal Reserve Bank of St. Louis, volume 97, issue 1, pages 1-24.
• Stephen D. Williamson, 2015, "Monetary Policy Normalization in the United States," Review, Federal Reserve Bank of St. Louis, volume 97, issue 2, pages 87-108.
• Athanasios Orphanides, 2015, "Fear of Liftoff: Uncertainty, Rules, and Discretion in Monetary Policy Normalization," Review, Federal Reserve Bank of St. Louis, volume 97, issue 3.
• Ana Maria Santacreu, 2015, "Monetary Policy in Small Open Economies: The Role of Exchange Rate Rules," Review, Federal Reserve Bank of St. Louis, volume 97, issue 3, pages 217-232.
• Clemens J. M. Kool & Daniel L. Thornton, 2015, "How Effective Is Central Bank Forward Guidance?," Review, Federal Reserve Bank of St. Louis, volume 97, issue 4, pages 303-322, DOI: 10.20955/r.2015.303-22.
• Bill Dupor & M. Saif Mehkari, 2015, "Schools and Stimulus," Working Papers, Federal Reserve Bank of St. Louis, number 2015-4, Mar, DOI: 10.20955/wp.2015.004.
• Carlos Garriga & Finn E. Kydland & Roman Šustek, 2015, "Mortgages and Monetary Policy," Working Papers, Federal Reserve Bank of St. Louis, number 2015-33, Oct, DOI: 10.20955/wp.2015.033.
• Marco Del Negro & Raiden B. Hasegawa & Frank Schorfheide, 2015, "Choosing the Right Policy in Real Time (Why That’s Not Easy)," Liberty Street Economics, Federal Reserve Bank of New York, number 20150325, Mar.
• William Dudley, 2015, "Remarks at the 2015 U.S. Monetary Policy Forum," Speech, Federal Reserve Bank of New York, number 157, Feb.
• Alberto G. Musalem, 2015, "U.S. macroeconomic and regulatory developments and emerging market economies," Speech, Federal Reserve Bank of New York, number 159, Mar.
• William Dudley, 2015, "The national and regional economy," Speech, Federal Reserve Bank of New York, number 161, Apr.
• Simon M. Potter, 2015, "Challenges posed by the evolution of the Treasury market," Speech, Federal Reserve Bank of New York, number 162, Apr.
• Simon M. Potter, 2015, "Money markets and monetary policy normalization," Speech, Federal Reserve Bank of New York, number 164, Apr.
• William Dudley, 2015, "The U.S. monetary policy outlook and its global implications," Speech, Federal Reserve Bank of New York, number 166, Apr.
• William Dudley, 2015, "The U.S. economic and monetary policy outlook," Speech, Federal Reserve Bank of New York, number 172, Jun.
• William Dudley, 2015, "Panel remarks at the Brookings Institution," Speech, Federal Reserve Bank of New York, number 181, Oct.
• William Dudley, 2015, "The U.S. economic outlook and monetary policy," Speech, Federal Reserve Bank of New York, number 185, Nov.
• Josh Frost & Lorie Logan & Antoine Martin & Patrick E. McCabe & Fabio M. Natalucci & Julie Remache, 2015, "Overnight RRP operations as a monetary policy tool: some design considerations," Staff Reports, Federal Reserve Bank of New York, number 712, Feb.
• Dong Beom Choi & Thomas M. Eisenbach & Tanju Yorulmazer, 2015, "Watering a lemon tree: heterogeneous risk taking and monetary policy transmission," Staff Reports, Federal Reserve Bank of New York, number 724, Apr.
• Martin Beraja & Andreas Fuster & Erik Hurst & Joseph Vavra, 2015, "Regional heterogeneity and the refinancing channel of monetary policy," Staff Reports, Federal Reserve Bank of New York, number 731, Jun.
• Fernando M. Duarte & Anna Zabai, 2015, "An interest rate rule to uniquely implement the optimal equilibrium in a liquidity trap," Staff Reports, Federal Reserve Bank of New York, number 745, Oct.