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

2015

• H. Evren Damar & Césaire Meh & Yaz Terajima, 2015, "Effects of Funding Portfolios on the Credit Supply of Canadian Banks," Staff Working Papers, Bank of Canada, number 15-10, DOI: 10.34989/swp-2015-10.
• Sami Alpanda & Serdar Kabaca, 2015, "International Spillovers of Large-Scale Asset Purchases," Staff Working Papers, Bank of Canada, number 15-2, DOI: 10.34989/swp-2015-2.
• Michel Alexandre da Silva & Gilberto Tadeu Lima, 2015, "Combining Monetary Policy and Prudential Regulation: an agent-based modeling approach," Working Papers Series, Central Bank of Brazil, Research Department, number 394, Aug.
• Eurilton Araújo, 2015, "Monetary Policy Objectives and Money's Role in U.S. Business Cycles," Working Papers Series, Central Bank of Brazil, Research Department, number 403, Sep.
• Jan Kregel, 2015, "Emerging Market Economies and the Reform of the International Financial Architecture: The "Exorbitant Privilege" of the Dollar Is Only the Symptom of a Structural Problem," Ensayos Económicos, Central Bank of Argentina, Economic Research Department, volume 1, issue 73, pages 27-55, December.
• Vuslat US, 2015, "Do Banks Respond Asymmetrically to the Global Crisis? Evidence From Turkey," Journal of BRSA Banking and Financial Markets, Banking Regulation and Supervision Agency, volume 9, issue 2, pages 9-44.
• Miguel García-Posada & Marcos Marchetti, 2015, "The bank lending channel of unconventional monetary policy: the impact of the VLTROs on credit supply in Spain," Working Papers, Banco de España, number 1512, Apr.
• Juan F. Jimeno, 2015, "Long-lasting consequences of the European crisis," Working Papers, Banco de España, number 1522, Aug.
• Paul Ehling & Michael Gallmeyer & Christian Heyerdahl-Larsen & Philipp Illeditsch, 2015, "Disagreement about inflation and the yield curve," Working Papers, Banco de España, number 1532, Nov.
• Óscar Arce & Samuel Hurtado & Carlos Thomas, 2015, "Policy spillovers and synergies in a monetary union," Working Papers, Banco de España, number 1540, Dec.
• Marcello Miccoli & Stefano Neri, 2015, "Inflation surprises and inflation expectations in the euro area," Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area, number 265, Mar.
• Marco Casiraghi & Giuseppe Ferrero, 2015, "Is deflation good or bad? Just mind the inflation gap," Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area, number 268, Apr.
• Pietro Cova & Giuseppe Ferrero, 2015, "The Eurosystem�s asset purchase programmes for monetary policy purposes," Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area, number 270, Apr.
• Marco Casiraghi & Marcello Miccoli, 2015, "Risk-adjusted expectations of inflation," Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area, number 286, Jul.
• Andrea Gerali & Alessandro Notarpietro & Massimiliano Pisani, 2015, "Structural reforms and zero lower bound in a monetary union," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1002, Jan.
• Stefano Neri & Tiziano Ropele, 2015, "The macroeconomic effects of the sovereign debt crisis in the euro area," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1007, Mar.
• Andrea Gerali & Alberto Locarno & Alessandro Notarpietro & Massimiliano Pisani, 2015, "Every cloud has a silver lining. The sovereign crisis and Italian potential output," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1010, Jun.
• Lorenzo Burlon & Andrea Gerali & Alessandro Notarpietro & Massimiliano Pisani, 2015, "Inflation, financial conditions and non-standard monetary policy in a monetary union. A model-based evaluation," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1015, Jun.
• Antonio M. Conti & Stefano Neri & Andrea Nobili, 2015, "Why is inflation so low in the euro area?," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1019, Jul.
• Marcello Pericoli & Giovanni Veronese, 2015, "Forecaster heterogeneity, surprises and financial markets," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1020, Jul.
• Edoardo Rainone, 2015, "Testing information diffusion in the decentralized unsecured market for euro funds," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1022, Jul.
• Pietro Cova & Patrizio Pagano & Massimiliano Pisani, 2015, "Domestic and international macroeconomic effects of the Eurosystem expanded asset purchase programme," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1036, Sep.
• Stefano Neri & Alessandro Notarpietro, 2015, "The macroeconomic effects of low and falling inflation at the zero lower bound," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1040, Nov.
• Carrillo Julio A. & Elizondo Rocío, 2015, "How Robust Are SVARs at Measuring Monetary Policy in Small Open Economies?," Working Papers, Banco de México, number 2015-18, Sep.
• Mauricio Villamizar-Villegas & David Perez-Reyna, 2015, "A Survey on the Effects of Sterilized Foreign Exchange Intervention," Borradores de Economia, Banco de la Republica de Colombia, number 862, Jan, DOI: 10.32468/be.862.
• Franz Hamann & Jesús Bejarano & Diego Rodríguez, 2015, "Monetary policy implications for an oil-exporting economy of lower long-run international oil prices," Borradores de Economia, Banco de la Republica de Colombia, number 871, Mar, DOI: 10.32468/be.871.
• Fernando Tenjo Galarza & Enrique López Enciso & Héctor Zárate Solano, 2015, "Riesgo de crédito y la transmisión de la política monetaria en Colombia," Borradores de Economia, Banco de la Republica de Colombia, number 872, Mar, DOI: 10.32468/be.872.
• Ximena Chavarro-Sanchez & Deicy Cristiano-Botia & Jose E. Gomez-Gonzalez & Eliana González-Molano & Carlos Huertas-Campos, 2015, "Evaluación de la transmisión de la tasa de interés de referencia a las tasas de interés del sistema financiero," Borradores de Economia, Banco de la Republica de Colombia, number 874, Mar, DOI: 10.32468/be.874.
• 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 de Colombia, number 893, Jul, DOI: 10.32468/be.893.
• Jesús Alonso Botero & Nataly Rendón González, 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 Republica de Colombia, volume 33, issue 76, pages 4-17, April, 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 Republica de Colombia, volume 33, issue 76, pages 61-75, April, DOI: 10.1016/j.espe.2015.02.001.
• 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 Republica de Colombia, volume 33, issue 77, pages 133-148, June, DOI: 10.1016/j.espe.2015.04.001.
• Martha López, 2015, "Asset price bubbles and monetary policy in a small open economy," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, volume 33, issue 77, pages 93-102, June, DOI: 10.1016/j.espe.2014.11.003.
• Dzmitry Kruk, 2015, "Dollarization and De-dollarization: Formulation of Agenda," BEROC Policy Paper Series, Belarusian Economic Research and Outreach Center (BEROC), number 23, Apr.
• Dzmitry Kruk, 2015, "Macroeconomic Dynamics of Belarus in 2014: Currency Stress in the Background of Stagnation," BEROC Policy Paper Series, Belarusian Economic Research and Outreach Center (BEROC), number 25, May.
• Dejan Šoškić, 2015, "Inflation Targeting Challenges In Emerging Market Countries: The Case Of Serbia," Economic Annals, Faculty of Economics and Business, University of Belgrade, volume 60, issue 204, pages 7-30, January –.
• Mohsen Mohammadi Khyareh & Vahid Taghinejad Omran & Mohammad Ali Ehsani, 2015, "Evaluating The Welfare Aspects Of The Simple Monetary Rules For Iran," Economic Annals, Faculty of Economics and Business, University of Belgrade, volume 60, issue 206, pages 141-166, July - Se.
• J. Ramos-Tallada, 2015, "Bank risks, monetary shocks and the credit channel in Brazil: identification and evidence from panel data," Working papers, Banque de France, number 548.
• Olivier Loisel, 2015, "The Implementation of Stabilization Policy," Working papers, Banque de France, number 556.
• Philippe Andrade & Gaetano Gaballo & Eric Mengus & Benoit Mojon, 2015, "Forward Guidance and Heterogeneous Beliefs," Working papers, Banque de France, number 573.
• Klodiana Istrefi & B. Vonnak, 2015, "Delayed Overshooting Puzzle in Structural Vector Autoregression Models," Working papers, Banque de France, number 576.
• Sanvi Avouyi-Dovi & Jean-Guillaume Sahuc, 2015, "On the sources of macroeconomic stability in the euro area," Working papers, Banque de France, number 577.
• Tommaso Monacelli & Jordi Galí, 2015, "Understanding the Gains from Wage Flexibility: The Exchange Rate Connection," Working Papers, Barcelona School of Economics, number 746, Sep.
• Emily Anderson & Atsushi Inoue & Barbara Rossi, 2015, "Heterogeneous Consumers and Fiscal Policy Shocks," Working Papers, Barcelona School of Economics, number 822, Sep.
• Gianluca Benigno & Luca Fornaro, 2015, "Stagnation Traps," Working Papers, Barcelona School of Economics, number 832, Sep.
• Lukasz Goczek, 2015, "Disinflation and monetary independence in Romania," Baltic Journal of Economics, Baltic International Centre for Economic Policy Studies, volume 15, issue 1, pages 65-79.
• Francisco Blasques & Falk Bräuning & Iman van Lelyveld, 2015, "A dynamic network model of the unsecured interbank lending market," BIS Working Papers, Bank for International Settlements, number 491, Feb.
• Qianying Chen & Andrew Filardo & Dong He & Feng Zhu, 2015, "Financial crisis, US unconventional monetary policy and international spillovers," BIS Working Papers, Bank for International Settlements, number 494, Mar.
• Piti Disyatat & Phurichai Rungcharoenkitkul, 2015, "Monetary policy and financial spillovers: losing traction?," BIS Working Papers, Bank for International Settlements, number 518, Oct.
• Daria Finocchiaro & Giovanni Lombardo & Caterina Mendicino & Philippe Weil, 2015, "Optimal inflation with corporate taxation and financial constraints," BIS Working Papers, Bank for International Settlements, number 520, Oct.
• Claudio Borio & Piti Disyatat, 2015, "Capital flows and the current account: Taking financing (more) seriously," BIS Working Papers, Bank for International Settlements, number 525, Oct.
• Šehović Damir, 2015, "The Impact of the Great Recession on Monetary and Fiscal Policy in Developed Market Economies," Business Systems Research, Paradigm, volume 6, issue 1, pages 56-71, March, DOI: 10.1515/bsrj-2015-0004.
• Elena Deryugina & Alexey Ponomarenko & Andrey Sinyakov & Konstantin Sorokin, 2015, "Evaluating the underlying inflation measures for Russia," Bank of Russia Working Paper Series, Bank of Russia, number wps4, Mar.
• Fernando Borraz & Joaquín Saldain, 2015, "Variance Decomposition of Prices in an Emerging Economy," Documentos de trabajo, Banco Central del Uruguay, number 2015001.
• Gerardo Licandro & Miguel Mello, 2015, "News and inflation expectation updates," Documentos de trabajo, Banco Central del Uruguay, number 2015008.
• Yu-Hsi Chou & Jyh-Lin Wu, 2015, "The Taylor Principle In The Long Run: An Empirical Perspective," Contemporary Economic Policy, Western Economic Association International, volume 33, issue 1, pages 66-86, January.
• Fadia Al Hajj & Gilles Dufrénot & Kimiko Sugimoto & Romain Wolf, 2015, "Reactions to Shocks and Monetary Policy Regimes: Inflation Targeting Versus Flexible Currency Board in Sub-Saharan Africa," The Developing Economies, Institute of Developing Economies, volume 53, issue 4, pages 237-271, December.
• Hibiki Ichiue & Shusaku Nishiguchi, 2015, "Inflation Expectations And Consumer Spending At The Zero Bound: Micro Evidence," Economic Inquiry, Western Economic Association International, volume 53, issue 2, pages 1086-1107, April.
• Takeshi Yagihashi & Juan Du, 2015, "Health Care Inflation And Its Implications For Monetary Policy," Economic Inquiry, Western Economic Association International, volume 53, issue 3, pages 1556-1579, July.
• Stephen McKnight & Alexander Mihailov, 2015, "Do Real Balance Effects Invalidate the Taylor Principle in Closed and Open Economies?," Economica, London School of Economics and Political Science, volume 82, issue 328, pages 938-975, October.
• Meixing Dai & Moïse Sidiropoulos & Eleftherios Spyromitros, 2015, "Fiscal Policy, Institutional Quality and Central Bank Transparency," Manchester School, University of Manchester, volume 83, issue 5, pages 523-545, September.
• Guido Ascari & Nicola Branzoli, 2015, "Inflation Persistence, Price Indexation and Optimal Simple Interest Rate Rules," Manchester School, University of Manchester, volume 83, issue , pages 1-30, September.
• Seppo Honkapohja & Kaushik Mitra, 2015, "Comparing Inflation and Price-Level Targeting: The Role of Forward Guidance and Transparency," Manchester School, University of Manchester, volume 83, issue , pages 27-59, December.
• Paul Hubert, 2015, "The Influence and Policy Signalling Role of FOMC Forecasts," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, volume 77, issue 5, pages 655-680, October.
• Carsten Hefeker & Michael Neugart, 2015, "Fiscal Transfers in a Monetary Union with Exit Option," Review of International Economics, Wiley Blackwell, volume 23, issue 3, pages 489-508, August.
• Monique Reid & Gideon Rand, 2015, "A Sticky Information Phillips Curve for South Africa," South African Journal of Economics, Economic Society of South Africa, volume 83, issue 4, pages 506-526, December.
• Johannes Hermanus Kemp, 2015, "Measuring Potential Output for the South African Economy: Embedding Information About the Financial Cycle," South African Journal of Economics, Economic Society of South Africa, volume 83, issue 4, pages 549-568, December.
• Tim Oliver Berg, 2015, "Technology News and the US Economy: Time Variation and Structural Changes," Scottish Journal of Political Economy, Scottish Economic Society, volume 62, issue 3, pages 227-263, July.
• Javier Cossío Medinacelly, 2015, "Instrumentos macroprudenciales implementados en Bolivia. La efectividad del requerimiento de encaje legal como política macroprudencial – Bolivia: 2005-2015," Serie de Documentos de Trabajo, Banco Central de Bolivia, number 2015/03, Dec.
• Maria Eugenia Carmona Morales, 2015, "Impacto de la comunicación del Banco Central de Bolivia en la eficiencia de la política monetaria," Serie de Documentos de Trabajo, Banco Central de Bolivia, number 2015/04, Dec.
• José Antonio Caballero Peláez, 2015, "El rol de la investigación científica en el Banco Central de Bolivia," Serie de Documentos de Trabajo, Banco Central de Bolivia, number 2015/06, Dec.
• Álvaro Céspedes Tapia & Javier Cossío Medinacelly, 2015, "Profundización del proceso de remonetización en Bolivia: políticas y resultados," Revista de Análisis del BCB, Banco Central de Bolivia, volume 23, issue 2, pages 9-64, October.
• Andrea Ferrero & Martin Seneca, 2015, "Notes on the Underground: Monetary Policy in Resource-Rich Economies," Working Paper, Norges Bank, number 2015/02, Jan.
• Paolo Gelain & Kevin J. Lansing & Gisle J. Natvik, 2015, "Leaning Against the Credit Cycle," Working Paper, Norges Bank, number 2015/04, Feb.
• Knut Are Aastveit & Anne Sofie Jore & Francesco Ravazzolo, 2015, "Identification and real-time forecasting of Norwegian business cycles," Working Paper, Norges Bank, number 2015/09, May.
• Q. Farooq Akram & Haroon Mumtaz, 2015, "The role of oil prices and monetary policy in the Norwegian economy since the 1980s," Working Paper, Norges Bank, number 2016/1, Dec.
• Hilde C. Bjørnland & Vegard H. Larsen, 2015, "Oil and macroeconomic (in)stability," Working Papers, Centre for Applied Macro- and Petroleum economics (CAMP), BI Norwegian Business School, number No 7/2015, Jun.
• Michael T. Belongia & Peter N. Ireland, 2015, "The Evolution of US Monetary Policy: 2000-2007," Boston College Working Papers in Economics, Boston College Department of Economics, number 882, Aug.
• Benjamin Nelson & Gabor Pinter & Konstantinos Theodoridis, 2015, "Do contractionary monetary policy shocks expand shadow banking?," Bank of England Staff Working Paper series, Bank of England, number 521, Jan.
• Zoltan Jakab & Michael Kumhof, 2015, "Banks are not intermediaries of loanable funds – and why this matters," Bank of England Staff Working Paper series, Bank of England, number 529, May.
• John Barrdear, 2015, "Towards a New Keynesian theory of the price level," Bank of England Staff Working Paper series, Bank of England, number 532, Jul.
• Rohan Churm & Mike Joyce & George Kapetanios & Konstantinos Theodoridis, 2015, "Unconventional monetary policies and the macroeconomy: the impact of the United Kingdom's QE2 and Funding for Lending Scheme," Bank of England Staff Working Paper series, Bank of England, number 542, Aug.
• Zhuoshi Liu & Elisabetta Vangelista & Iryna Kaminska & Jon Relleen, 2015, "The informational content of market-based measures of inflation expectations derived from govenment bonds and inflation swaps in the United Kingdom," Bank of England Staff Working Paper series, Bank of England, number 551, Sep.
• R Anton Braun & Lena Koerber & Yuichiro Waki, 2015, "Some Unpleasant Properties of Loglinearized Solutions When the Nominal Rate is Zero," Bank of England Staff Working Paper series, Bank of England, number 553, Oct.
• James Cloyne & Ryland Thomas & Alex Tuckett & Samuel Wills, 2015, "A sectoral framework for analyzing money, credit and unconventional monetary policy," Bank of England Staff Working Paper series, Bank of England, number 556, Oct.
• Lena Boneva & Richard Harrison & Matt Waldron, 2015, "Threshold-based forward guidance: hedging the zero bound," Bank of England Staff Working Paper series, Bank of England, number 561, Oct.
• Robert Hills & John Hooley & Yevgeniya Korniyenko & Tomasz Wieladek, 2015, "International banking and liquidity risk transmission: lessons from the United Kingdom," Bank of England Staff Working Paper series, Bank of England, number 562, Nov.
• Riccardo Masolo & Francesca Monti, 2015, "Ambiguity, monetary policy and trend inflation," Bank of England Staff Working Paper series, Bank of England, number 565, Nov.
• Ambrogio Cesa-Bianchi & Alessandro Rebucci, 2015, "Does easing monetary policy increase financial instability?," Bank of England Staff Working Paper series, Bank of England, number 570, Dec.
• Anastasios Evgenidis & Costas Siriopoulos, 2015, "What are the International Channels Through Which a US Policy Shock is Transmitted to The World Economies? Evidence from a Time Varying FAVAR," Working Papers, Bank of Greece, number 190, Jan.
• Theodoros S. Papaspyrou, 2015, "EMU 2.0 Drawing Lessons From the Crisis - a New Framework For Stability and Growth," Working Papers, Bank of Greece, number 192, Mar.
• Hiona Balfoussia & Heather D. Gibson, 2015, "Financial conditions and economic activity: the potential impact of the targeted longer-term refinancing operations (TLTROS)," Working Papers, Bank of Greece, number 194, Jul.
• Heather D. Gibson & Stephen G. Hall & George S. Tavlas, 2015, "The Effectiveness of The ECB’s Asset Purchase Programs Of 2009 To 2012," Working Papers, Bank of Greece, number 199, Nov.
• Daisuke Ikeda & Takushi Kurozumi, 2015, "What Makes Post-Financial-Crisis Recoveries So Slow? An Investigation of Implications for Monetary Policy Conduct," Bank of Japan Research Laboratory Series, Bank of Japan, number 15-E-2, Mar.
• Kei Imakubo & Haruki Kojima & Jouchi Nakajima, 2015, "The natural yield curve: its concept and developments in Japan," Bank of Japan Research Laboratory Series, Bank of Japan, number 15-E-3, May.
• Kei Imakubo & Jouchi Nakajima, 2015, "What do negative inflation risk premia tell us?," Bank of Japan Research Laboratory Series, Bank of Japan, number 15-E-4, Jul.
• Koichiro.Kamada & Jouchi Nakajima, 2015, "Household Inflation Expectations: The Term Structure and the Anchor Effects of Monetary Policy," Bank of Japan Research Laboratory Series, Bank of Japan, number 15-E-5, Sep.
• Ichiro Fukunaga & Naoya Kato, 2015, "Quantitative and Qualitative Monetary Easing and Long-Term Interest Rates: The Effects through the Stock of "Net Supply" and Maturity Structure of Japanese Government Bonds," Bank of Japan Research Laboratory Series, Bank of Japan, number 15-E-7, Dec.
• Monetary Affairs Department, 2015, "Quantitative and Qualitative Monetary Easing: Assessment of Its Effects in the Two Years since Its Introduction," Bank of Japan Review Series, Bank of Japan, number 15-E-3, May.
• Kei Imakubo & Jouchi Nakajima, 2015, "Estimating inflation risk premia from nominal and real yield curves using a shadow-rate model," Bank of Japan Working Paper Series, Bank of Japan, number 15-E-1, Apr.
• Sohei Kaihatsu & Jouchi Nakajima, 2015, "Has Trend Inflation Shifted?: An Empirical Analysis with a Regime-Switching Model," Bank of Japan Working Paper Series, Bank of Japan, number 15-E-3, May.
• Kei Imakubo & Haruki Kojima & Jouchi Nakajima, 2015, "The natural yield curve: its concept and measurement," Bank of Japan Working Paper Series, Bank of Japan, number 15-E-5, Jun.
• Koichiro Kamada & Jouchi Nakajima & Shusaku Nishiguchi, 2015, "Are Household Inflation Expectations Anchored in Japan?," Bank of Japan Working Paper Series, Bank of Japan, number 15-E-8, Jul.
• Koji Nakamura & Tomoyuki Yagi, 2015, "Fiscal Conditions and Long-term Interest Rates," Bank of Japan Working Paper Series, Bank of Japan, number 15-E-10, Nov.
• Yong Min Kim & Jung Yeoun Lee, 2015, "Monetary and Macroprudential Policies Considering Business and Financial Cycles (in Korean)," Economic Analysis (Quarterly), Economic Research Institute, Bank of Korea, volume 21, issue 1, pages 125-143, March.
• Carpenter, Seth & Demiralp, Selva & Ihrig, Jane & Klee, Elizabeth, 2015, "Analyzing Federal Reserve asset purchases: From whom does the Fed buy?," Journal of Banking & Finance, Elsevier, volume 52, issue C, pages 230-244, DOI: 10.1016/j.jbankfin.2014.04.029.
• Ricci, Ornella, 2015, "The impact of monetary policy announcements on the stock price of large European banks during the financial crisis," Journal of Banking & Finance, Elsevier, volume 52, issue C, pages 245-255, DOI: 10.1016/j.jbankfin.2014.07.001.
• Gnabo, Jean-Yves & Moccero, Diego Nicolas, 2015, "Risk management, nonlinearity and aggressiveness in monetary policy: The case of the US Fed," Journal of Banking & Finance, Elsevier, volume 55, issue C, pages 281-294, DOI: 10.1016/j.jbankfin.2013.11.016.
• Hayo, Bernd & Neuenkirch, Matthias, 2015, "Self-monitoring or reliance on media reporting: How do financial market participants process central bank news?," Journal of Banking & Finance, Elsevier, volume 59, issue C, pages 27-37, DOI: 10.1016/j.jbankfin.2015.06.004.
• Fazio, Dimas M. & Tabak, Benjamin M. & Cajueiro, Daniel O., 2015, "Inflation targeting: Is IT to blame for banking system instability?," Journal of Banking & Finance, Elsevier, volume 59, issue C, pages 76-97, DOI: 10.1016/j.jbankfin.2015.05.016.
• Agénor, Pierre-Richard & Zilberman, Roy, 2015, "Loan Loss Provisioning Rules, Procyclicality, and Financial Volatility," Journal of Banking & Finance, Elsevier, volume 61, issue C, pages 301-315, DOI: 10.1016/j.jbankfin.2015.08.035.
• Koch, Christoffer, 2015, "Deposit interest rate ceilings as credit supply shifters: Bank level evidence on the effects of Regulation Q," Journal of Banking & Finance, Elsevier, volume 61, issue C, pages 316-326, DOI: 10.1016/j.jbankfin.2015.09.006.
• Lutz, Chandler, 2015, "The impact of conventional and unconventional monetary policy on investor sentiment," Journal of Banking & Finance, Elsevier, volume 61, issue C, pages 89-105, DOI: 10.1016/j.jbankfin.2015.08.019.
• Hanson, Samuel G. & Stein, Jeremy C., 2015, "Monetary policy and long-term real rates," Journal of Financial Economics, Elsevier, volume 115, issue 3, pages 429-448, DOI: 10.1016/j.jfineco.2014.11.001.
• Ritz, Robert A. & Walther, Ansgar, 2015, "How do banks respond to increased funding uncertainty?," Journal of Financial Intermediation, Elsevier, volume 24, issue 3, pages 386-410, DOI: 10.1016/j.jfi.2014.12.001.
• Montagnoli, Alberto & Nagayasu, Jun, 2015, "UK house price convergence clubs and spillovers," Journal of Housing Economics, Elsevier, volume 30, issue C, pages 50-58, DOI: 10.1016/j.jhe.2015.10.003.
• Khiabani, Nasser, 2015, "Oil inflows and housing market fluctuations in an oil-exporting country: Evidence from Iran," Journal of Housing Economics, Elsevier, volume 30, issue C, pages 59-76, DOI: 10.1016/j.jhe.2015.10.002.
• Gomes, S. & Jacquinot, P. & Mestre, R. & Sousa, J., 2015, "Global policy at the zero lower bound in a large-scale DSGE model," Journal of International Money and Finance, Elsevier, volume 50, issue C, pages 134-153, DOI: 10.1016/j.jimonfin.2014.09.005.
• Strohsal, Till & Winkelmann, Lars, 2015, "Assessing the anchoring of inflation expectations," Journal of International Money and Finance, Elsevier, volume 50, issue C, pages 33-48, DOI: 10.1016/j.jimonfin.2014.09.001.
• Choudhri, Ehsan U. & Hakura, Dalia S., 2015, "The exchange rate pass-through to import and export prices: The role of nominal rigidities and currency choice," Journal of International Money and Finance, Elsevier, volume 51, issue C, pages 1-25, DOI: 10.1016/j.jimonfin.2014.09.006.
• Steeley, James M., 2015, "The side effects of quantitative easing: Evidence from the UK bond market," Journal of International Money and Finance, Elsevier, volume 51, issue C, pages 303-336, DOI: 10.1016/j.jimonfin.2014.11.007.
• Dąbrowski, Marek A. & Śmiech, Sławomir & Papież, Monika, 2015, "Monetary policy options for mitigating the impact of the global financial crisis on emerging market economies," Journal of International Money and Finance, Elsevier, volume 51, issue C, pages 409-431, DOI: 10.1016/j.jimonfin.2014.12.006.
• Pastor, Manuel & Wise, Carol, 2015, "Good-Bye financial crash, hello financial eclecticism: Latin American responses to the 2008–09 global financial crisis," Journal of International Money and Finance, Elsevier, volume 52, issue C, pages 200-217, DOI: 10.1016/j.jimonfin.2014.11.019.
• Falagiarda, Matteo & Reitz, Stefan, 2015, "Announcements of ECB unconventional programs: Implications for the sovereign spreads of stressed euro area countries," Journal of International Money and Finance, Elsevier, volume 53, issue C, pages 276-295, DOI: 10.1016/j.jimonfin.2015.02.005.
• Darracq-Paries, Matthieu & De Santis, Roberto A., 2015, "A non-standard monetary policy shock: The ECB's 3-year LTROs and the shift in credit supply," Journal of International Money and Finance, Elsevier, volume 54, issue C, pages 1-34, DOI: 10.1016/j.jimonfin.2015.02.011.
• Ramos-Tallada, Julio, 2015, "Bank risks, monetary shocks and the credit channel in Brazil: Identification and evidence from panel data," Journal of International Money and Finance, Elsevier, volume 55, issue C, pages 135-161, DOI: 10.1016/j.jimonfin.2015.02.014.
• Cordella, Tito & Gupta, Poonam, 2015, "What makes a currency procyclical? An empirical investigation," Journal of International Money and Finance, Elsevier, volume 55, issue C, pages 240-259, DOI: 10.1016/j.jimonfin.2015.02.018.
• Boero, Gianna & Mavromatis, Kostas & Taylor, Mark P., 2015, "Real exchange rates and transition economies," Journal of International Money and Finance, Elsevier, volume 56, issue C, pages 23-35, DOI: 10.1016/j.jimonfin.2015.04.002.
• Bowman, David & Cai, Fang & Davies, Sally & Kamin, Steven, 2015, "Quantitative easing and bank lending: Evidence from Japan," Journal of International Money and Finance, Elsevier, volume 57, issue C, pages 15-30, DOI: 10.1016/j.jimonfin.2015.05.002.
• Fatum, Rasmus, 2015, "Foreign exchange intervention when interest rates are zero: Does the portfolio balance channel matter after all?," Journal of International Money and Finance, Elsevier, volume 57, issue C, pages 185-199, DOI: 10.1016/j.jimonfin.2015.07.015.
• Hammoudeh, Shawkat & Nguyen, Duc Khuong & Sousa, Ricardo M., 2015, "US monetary policy and sectoral commodity prices," Journal of International Money and Finance, Elsevier, volume 57, issue C, pages 61-85, DOI: 10.1016/j.jimonfin.2015.06.003.
• Hayo, Bernd & Neuenkirch, Matthias, 2015, "Central bank communication in the financial crisis: Evidence from a survey of financial market participants," Journal of International Money and Finance, Elsevier, volume 59, issue C, pages 166-181, DOI: 10.1016/j.jimonfin.2015.09.001.
• Sun, Rongrong, 2015, "What measures Chinese monetary policy?," Journal of International Money and Finance, Elsevier, volume 59, issue C, pages 263-286, DOI: 10.1016/j.jimonfin.2015.07.009.
• Fukuda, Shin-ichi, 2015, "Abenomics: Why was it so successful in changing market expectations?," Journal of the Japanese and International Economies, Elsevier, volume 37, issue C, pages 1-20, DOI: 10.1016/j.jjie.2015.05.006.
• Ichiue, Hibiki & Ueno, Yoichi, 2015, "Monetary policy and the yield curve at zero interest," Journal of the Japanese and International Economies, Elsevier, volume 38, issue C, pages 1-12, DOI: 10.1016/j.jjie.2015.04.001.
• Huang, Yu-Fan, 2015, "Time variation in U.S. monetary policy and credit spreads," Journal of Macroeconomics, Elsevier, volume 43, issue C, pages 205-215, DOI: 10.1016/j.jmacro.2014.11.005.
• D’Adamo, Gaetano & Rovelli, Riccardo, 2015, "The role of the exchange rate regime in the process of real and nominal convergence," Journal of Macroeconomics, Elsevier, volume 43, issue C, pages 21-37, DOI: 10.1016/j.jmacro.2014.09.004.
• Glocker, Christian & Towbin, Pascal, 2015, "Reserve requirements as a macroprudential instrument – Empirical evidence from Brazil," Journal of Macroeconomics, Elsevier, volume 44, issue C, pages 158-176, DOI: 10.1016/j.jmacro.2015.02.007.
• Aysun, Uluc, 2015, "Duration of bankruptcy proceedings and monetary policy effectiveness," Journal of Macroeconomics, Elsevier, volume 44, issue C, pages 295-302, DOI: 10.1016/j.jmacro.2015.03.008.
• Cavallari, Lilia, 2015, "Entry costs and the dynamics of business formation," Journal of Macroeconomics, Elsevier, volume 44, issue C, pages 312-326, DOI: 10.1016/j.jmacro.2015.03.002.
• Apergis, Nicholas & Cooray, Arusha, 2015, "Asymmetric interest rate pass-through in the U.S., the U.K. and Australia: New evidence from selected individual banks," Journal of Macroeconomics, Elsevier, volume 45, issue C, pages 155-172, DOI: 10.1016/j.jmacro.2015.04.010.
• Abo-Zaid, Salem, 2015, "Optimal monetary policy with the cost channel and monopolistically-competitive banks," Journal of Macroeconomics, Elsevier, volume 45, issue C, pages 284-299, DOI: 10.1016/j.jmacro.2015.05.004.
• Araújo, Eurilton, 2015, "Monetary policy objectives and Money’s role in U.S. business cycles," Journal of Macroeconomics, Elsevier, volume 45, issue C, pages 85-107, DOI: 10.1016/j.jmacro.2015.03.007.
• Chang, Wen-ya & Tsai, Hsueh-fang & Chu, Mei-Lie & Chang, Juin-jen, 2015, "On the employment, investment and current account effects of inflation: A revisit," Journal of Macroeconomics, Elsevier, volume 46, issue C, pages 278-294, DOI: 10.1016/j.jmacro.2015.08.009.
• Bustamante, Christian & Hamann, Franz, 2015, "Countercyclical reserve requirements in a heterogeneous-agent and incomplete financial markets economy," Journal of Macroeconomics, Elsevier, volume 46, issue C, pages 55-70, DOI: 10.1016/j.jmacro.2015.08.002.
• Rather, Sartaj Rasool & Durai, S. Raja Sethu & Ramachandran, M., 2015, "Asymmetric price adjustment – evidence for India," The Journal of Economic Asymmetries, Elsevier, volume 12, issue 2, pages 73-79, DOI: 10.1016/j.jeca.2015.03.002.
• Selgin, George & Beckworth, David & Bahadir, Berrak, 2015, "The productivity gap: Monetary policy, the subprime boom, and the post-2001 productivity surge," Journal of Policy Modeling, Elsevier, volume 37, issue 2, pages 189-207, DOI: 10.1016/j.jpolmod.2015.02.005.
• Nojković, Aleksandra & Petrović, Pavle, 2015, "Monetary policy rule in inflation targeting emerging European countries: A discrete choice approach," Journal of Policy Modeling, Elsevier, volume 37, issue 4, pages 577-595, DOI: 10.1016/j.jpolmod.2015.03.016.
• Colucci, Domenico & Valori, Vincenzo, 2015, "Stabilizing inflation in a simple monetary policy model with heterogeneous agents," Mathematics and Computers in Simulation (MATCOM), Elsevier, volume 108, issue C, pages 233-244, DOI: 10.1016/j.matcom.2013.09.002.
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• Cogley, Timothy & Matthes, Christian & Sbordone, Argia M., 2015, "Optimized Taylor rules for disinflation when agents are learning," Journal of Monetary Economics, Elsevier, volume 72, issue C, pages 131-147, DOI: 10.1016/j.jmoneco.2015.02.003.
• Christensen, Jens H.E. & Lopez, Jose A. & Rudebusch, Glenn D., 2015, "A probability-based stress test of Federal Reserve assets and income," Journal of Monetary Economics, Elsevier, volume 73, issue C, pages 26-43, DOI: 10.1016/j.jmoneco.2015.03.007.
• Bassetto, Marco & Phelan, Christopher, 2015, "Speculative runs on interest rate pegs," Journal of Monetary Economics, Elsevier, volume 73, issue C, pages 99-114, DOI: 10.1016/j.jmoneco.2015.03.002.
• Anand, Rahul & Prasad, Eswar S. & Zhang, Boyang, 2015, "What measure of inflation should a developing country central bank target?," Journal of Monetary Economics, Elsevier, volume 74, issue C, pages 102-116, DOI: 10.1016/j.jmoneco.2015.06.006.
• Ireland, Peter N., 2015, "Monetary policy, bond risk premia, and the economy," Journal of Monetary Economics, Elsevier, volume 76, issue C, pages 124-140, DOI: 10.1016/j.jmoneco.2015.09.003.
• Bluhm, Marcel, 2015, "Investigating the monetary policy of central banks with assessment indicators," European Journal of Political Economy, Elsevier, volume 38, issue C, pages 181-196, DOI: 10.1016/j.ejpoleco.2015.03.001.
• Horváth, Roman & Jonášová, Júlia, 2015, "Central banks' voting records, the financial crisis and future monetary policy," European Journal of Political Economy, Elsevier, volume 38, issue C, pages 229-243, DOI: 10.1016/j.ejpoleco.2015.03.003.
• El-Shagi, Makram & Jung, Alexander, 2015, "Have minutes helped markets to predict the MPC's monetary policy decisions?," European Journal of Political Economy, Elsevier, volume 39, issue C, pages 222-234, DOI: 10.1016/j.ejpoleco.2015.05.004.
• Apergis, Nicholas, 2015, "The role of FOMC minutes for US asset prices before and after the 2008 crisis: Evidence from GARCH volatility modeling," The Quarterly Review of Economics and Finance, Elsevier, volume 55, issue C, pages 100-107, DOI: 10.1016/j.qref.2014.09.002.
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• Poutineau, Jean-Christophe & Vermandel, Gauthier, 2015, "Financial frictions and the extensive margin of activity," Research in Economics, Elsevier, volume 69, issue 4, pages 525-554, DOI: 10.1016/j.rie.2015.09.005.
• Değerli, Ahmet & Fendoğlu, Salih, 2015, "Reserve option mechanism as a stabilizing policy tool: Evidence from exchange rate expectations," International Review of Economics & Finance, Elsevier, volume 35, issue C, pages 166-179, DOI: 10.1016/j.iref.2014.09.011.
• Goh, Soo Khoon & McNown, Robert, 2015, "Examining the exchange rate regime–monetary policy autonomy nexus: Evidence from Malaysia," International Review of Economics & Finance, Elsevier, volume 35, issue C, pages 292-303, DOI: 10.1016/j.iref.2014.10.006.
• Gospodinov, Nikolay & Jamali, Ibrahim, 2015, "The response of stock market volatility to futures-based measures of monetary policy shocks," International Review of Economics & Finance, Elsevier, volume 37, issue C, pages 42-54, DOI: 10.1016/j.iref.2014.11.001.
• Cavoli, Tony & Rajan, Ramkishen S., 2015, "Capital inflows and the interest premium problem: The effects of monetary sterilisation in selected Asian economies," International Review of Economics & Finance, Elsevier, volume 39, issue C, pages 1-18, DOI: 10.1016/j.iref.2015.05.002.
• Brzeszczyński, Janusz & Gajdka, Jerzy & Kutan, Ali M., 2015, "Investor response to public news, sentiment and institutional trading in emerging markets: A review," International Review of Economics & Finance, Elsevier, volume 40, issue C, pages 338-352, DOI: 10.1016/j.iref.2015.10.042.
• Putnam, Bluford H. & Azzarello, Samantha, 2015, "Evolving dynamics of the relationship between US core inflation and unemployment," Review of Financial Economics, Elsevier, volume 25, issue C, pages 27-34, DOI: 10.1016/j.rfe.2015.02.002.
• Hännikäinen, Jari, 2015, "Zero lower bound, unconventional monetary policy and indicator properties of interest rate spreads," Review of Financial Economics, Elsevier, volume 26, issue C, pages 47-54, DOI: 10.1016/j.rfe.2015.03.002.
• Kenourgios, Dimitris & Papadamou, Stephanos & Dimitriou, Dimitrios, 2015, "On quantitative easing and high frequency exchange rate dynamics," Research in International Business and Finance, Elsevier, volume 34, issue C, pages 110-125, DOI: 10.1016/j.ribaf.2015.01.003.
• Mironov, Valeriy, 2015, "Russian devaluation in 2014–2015: Falling into the abyss or a window of opportunity?," Russian Journal of Economics, Elsevier, volume 1, issue 3, pages 217-239, DOI: 10.1016/j.ruje.2015.12.005.
• Idrisov, Georgy & Kazakova, Maria & Polbin, Andrey, 2015, "A theoretical interpretation of the oil prices impact on economic growth in contemporary Russia," Russian Journal of Economics, Elsevier, volume 1, issue 3, pages 257-272, DOI: 10.1016/j.ruje.2015.12.004.
• Grigoli, Francesco & Herman, Alexander & Swiston, Andrew & Di Bella, Gabriel, 2015, "Output gap uncertainty and real-time monetary policy," Russian Journal of Economics, Elsevier, volume 1, issue 4, pages 329-358, DOI: 10.1016/j.ruje.2016.02.001.
• Beshenov, Sergey & Rozmainsky, Ivan, 2015, "Hyman Minsky's financial instability hypothesis and the Greek debt crisis," Russian Journal of Economics, Elsevier, volume 1, issue 4, pages 419-438, DOI: 10.1016/j.ruje.2016.02.005.
• Koki Oikawa & Kozo Ueda, 2015, "State-Dependent Pricing, Firm Entry and Exit, and Non-Neutrality of Money," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2015-03, Jan.
• Edda Claus & Mardi Dungey, 2015, "Can monetary policy surprise the market?," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2015-05, Feb.
• Ran Li & Jiao Wang, 2015, "A structural investigation of the Chinese economy with a hybrid monetary policy rule," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2015-10, Apr.
• Joshua C.C. Chan & Eric Eisenstat, 2015, "Bayesian model comparison for time-varying parameter VARs with stochastic volatility," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2015-32, Aug.
• Christopher G. Gibbs & Mariano Kulish, 2015, "Disinflations in a model of imperfectly anchored expectations," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2015-36, Sep.
• Carlos Arteta & M. Ayhan Kose & Franziska Ohnsorge & Marc Stocker, 2015, "The coming US interest rate tightening cycle: smooth sailing or stormy waters?," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2015-37, Oct.
• Nick Butt & Rohan Churm & Michael McMahon & Arpad Morotz & Jochen Schanz, 2015, "QE and the Bank Lending Channel in the United Kingdom," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2015-38, Oct.
• Joshua C.C. Chan, 2015, "Specification tests for time-varying parameter models with stochastic volatility," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2015-42, Nov.
• Yasuo Hirose & Takeki Sunakawa, 2015, "Parameter bias in an estimated DSGE model: does nonlinearity matter?," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2015-46, Nov.
• Saroj Bhattarai & Arpita Chatterjee & Woong Yong Park, 2015, "Effects of US quantitative easing on emerging market economies," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2015-47, Dec.