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

2014

• Assenza, T. & Heemeijer, P. & Hommes, C.H. & Massaro, D., 2014, "Managing Self-organization of Expectations through Monetary Policy: a Macro Experiment," CeNDEF Working Papers, Universiteit van Amsterdam, Center for Nonlinear Dynamics in Economics and Finance, number 14-07.
• Pawel Gajewski, 2014, "Monetary policy stress in EMU during the moderation and the global crisis," Lodz Economics Working Papers, University of Lodz, Faculty of Economics and Sociology, number 2/2014, Aug.
• Kenichi Tamegawa, 2014, "A closed-form analysis of anticipated monetary policy," Economia, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics], volume 15, issue 2, pages 155-161.
• Andreza Aparecida Palma & Marcelo Savino Portugal, 2014, "Preferences Of The Central Bank Of Brazil Under The Inflation Targeting Regime: Estimation Using A Dsge Model For A Small Open Economy," Anais do XLI Encontro Nacional de Economia [Proceedings of the 41st Brazilian Economics Meeting], ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics], number 055.
• Charles Engel, 2014, "Exchange Rate Stabilization and Welfare," Annual Review of Economics, Annual Reviews, volume 6, issue 1, pages 155-177, August.
• César Carrera & Nelson Ramírez-Rondán, 2014, "Inflation, Information Rigidity, and the Sticky Information Phillips Curve," Working Papers, Peruvian Economic Association, number 1, Jan.
• César Calderón & Roberto Duncan & Klaus Schmidt-Hebbel, 2014, "Do Good Institutions Promote Counter-cyclical Macroeconomic Policies?," Working Papers, Peruvian Economic Association, number 3, Jan.
• Javier Bianchi & Saki Bigio, 2014, "Banks, Liquidity Management and Monetary Policy," Working Papers, Peruvian Economic Association, number 18, Sep.
• Joseph Byrne & Dimitris Korobilis & Pinho Ribeiro, 2014, "Exchange Rate Predictability in a Changing World," Papers, arXiv.org, number 1403.0627, Mar.
• Jean-Bernard Chatelain & Kirsten Ralf, 2014, "Stability and Identification with Optimal Macroprudential Policy Rules," Papers, arXiv.org, number 1404.3347, Apr.
• Hao Meng & Hai-Chuan Xu & Wei-Xing Zhou & Didier Sornette, 2014, "Symmetric thermal optimal path and time-dependent lead-lag relationship: Novel statistical tests and application to UK and US real-estate and monetary policies," Papers, arXiv.org, number 1408.5618, Aug, revised Feb 2018.
• Michael D. Evans & Trevor Chamberlain, 2014, "Measuring the Effects of Monetary and Fiscal Policy Changes on the U.S. Economy (1982-2012)," Review of Economics & Finance, Better Advances Press, Canada, volume 4, pages 1-14, May.
• Panagiotis Evangelopoulos, 2014, "Consequences of the Public Debt Crisis on Growth and Stability," Review of Economics & Finance, Better Advances Press, Canada, volume 4, pages 47-56, August.
• Katrin Woelfel & Christoph S. Weber, 2014, "Searching for the FED's Reaction Function," Working Papers, Bavarian Graduate Program in Economics (BGPE), number 154, Jul.
• Giovanni Melina & Stefania Villa, 2014, "Leaning Against Windy Bank Lending," BCAM Working Papers, Birkbeck Centre for Applied Macroeconomics, number 1402, Jul.
• Robert Amano & Oleksiy Kryvtsov & Luba Petersen, 2014, "Recent Developments in Experimental Macroeconomics," Bank of Canada Review, Bank of Canada, volume 2014, issue Autumn, pages 1-11.
• Rhys R. Mendes, 2014, "The Neutral Rate of Interest in Canada," Discussion Papers, Bank of Canada, number 14-5, DOI: 10.34989/sdp-2014-5.
• Michael Ehrmann & Michael Ziegelmeyer, 2014, "Household Risk Management and Actual Mortgage Choice in the Euro Area," Staff Working Papers, Bank of Canada, number 14-1, DOI: 10.34989/swp-2014-1.
• Sermin Gungor & Jesus Sierra, 2014, "Search-for-Yield in Canadian Fixed-Income Mutual Funds and Monetary Policy," Staff Working Papers, Bank of Canada, number 14-3, DOI: 10.34989/swp-2014-3.
• Stefano Gnocchi & Daniela Hauser & Evi Pappa, 2014, "Housework and Fiscal Expansions," Staff Working Papers, Bank of Canada, number 14-34, DOI: 10.34989/swp-2014-34.
• Tatjana Dahlhaus & Kristina Hess & Abeer Reza, 2014, "International Transmission Channels of U.S. Quantitative Easing: Evidence from Canada," Staff Working Papers, Bank of Canada, number 14-43, DOI: 10.34989/swp-2014-43.
• Oleksiy Kryvtsov & Nicolas Vincent, 2014, "On the Importance of Sales for Aggregate Price Flexibility," Staff Working Papers, Bank of Canada, number 14-45, DOI: 10.34989/swp-2014-45.
• Michael Ehrmann, 2014, "Targeting Inflation from Below - How Do Inflation Expectations Behave?," Staff Working Papers, Bank of Canada, number 14-52, DOI: 10.34989/swp-2014-52.
• Tatjana Dahlhaus & Garima Vasishtha, 2014, "The Impact of U.S. Monetary Policy Normalization on Capital Flows to Emerging-Market Economies," Staff Working Papers, Bank of Canada, number 14-53, DOI: 10.34989/swp-2014-53.
• Sami Alpanda & Sarah Zubairy, 2014, "Addressing Household Indebtedness: Monetary, Fiscal or Macroprudential Policy?," Staff Working Papers, Bank of Canada, number 14-58, DOI: 10.34989/swp-2014-58.
• Alessia Campolmi & Stefano Gnocchi, 2014, "Labor Market Participation, Unemployment and Monetary Policy," Staff Working Papers, Bank of Canada, number 14-9, DOI: 10.34989/swp-2014-9.
• Eurilton Araújo, 2014, "Determinacy and Learnability of Equilibrium in a Small Open Economy with Sticky Wages and Prices," Working Papers Series, Central Bank of Brazil, Research Department, number 376, Dec.
• Michael Ehrmann & Michael Ziegelmeyer, 2014, "Household Risk Management and Actual Mortgage Choice in the Euro Area," BCL working papers, Central Bank of Luxembourg, number 84, Jan.
• Mark Setterfield, 2014, "Using Interest Rates as the Instrument of Monetary Policy: Beware Real effects, Positive Feedbacks, and Discontinuities," Ensayos Económicos, Central Bank of Argentina, Economic Research Department, volume 1, issue 70, pages 7-22, June.
• Juan Carlos Berganza & Ignacio Hernando & Javier Vallés, 2014, "Los desafíos para la política monetaria en las economías avanzadas tras la Gran Recesión," Occasional Papers, Banco de España, number 1404, Sep.
• Mariya Hake & Fernando López-Vicente & Luis Molina, 2014, "Do the drivers of loan dollarisation differ between cesee and Latin America? a meta-analysis," Working Papers, Banco de España, number 1406, Apr.
• Stefano Neri & Alessandro Notarpietro, 2014, "Inflation, debt and the zero lower bound," Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area, number 242, Oct.
• Fabio Busetti & Giuseppe Ferrero & Andrea Gerali & Alberto Locarno, 2014, "Deflationary shocks and de-anchoring of inflation expectations," Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area, number 252, Nov.
• Emanuele Baldacci & Sanjeev Gupta & Carlos Mulas-Granados & Fabio Balboni & Mirko Licchetta & Alexander Klemm & Luca Agnello & Gilles Dufr�not & Ricardo M. Sousa & Raffaela Giordano & Marcello Peric, 2014, "Fiscal Policy and Macroeconomic Imbalances," Workshop and Conferences, Bank of Italy, Economic Research and International Relations Area, number 16, Nov.
• Fabio Busetti & Pietro Cova & Antonio Maria Conti & Filippo Scoccianti & Libero Monteforte & Giordano Zevi & Valentina Aprigliano & Andrea Gerali & Alberto Locarno & Alessandro Notarpietro & Massimili, 2014, "The effects of the crisis on production potential and household spending in Italy," Workshop and Conferences, Bank of Italy, Economic Research and International Relations Area, number 18, Dec.
• Pietro Cova & Patrizio Pagano & Massimiliano Pisani, 2014, "Foreign exchange reserve diversification and the "exorbitant privilege"," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 964, Jul.
• Giuseppe Ferrero & Marcello Miccoli & Sergio Santoro, 2014, "Informational Effects of Monetary Policy," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 982, Oct.
• Vincenzo Cuciniello & Federico M. Signoretti, 2014, "Large banks, loan rate markup and monetary policy," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 987, Oct.
• Alessandro Notarpietro & Stefano Siviero, 2014, "Optimal monetary policy rules and house prices: the role of financial frictions," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 993, Oct.
• Carrillo Julio A. & Poilly Céline, 2014, "Investigating the Zero Lower Bound on the Nominal Interest Rate Under Financial Instability," Working Papers, Banco de México, number 2014-01, Jan.
• Aguilar-Argaez Ana María & Cuadra Gabriel & Ramírez Claudia & Sámano Daniel, 2014, "Anchoring of Inflation Expectations in Light of Adverse Supply Shocks," Working Papers, Banco de México, number 2014-20, Sep.
• Maria Lucia Florez-Jimenez & Julian A. Parra-Polania, 2014, "Forward guidance with an escape clause: When half a promise is better than a full one," Borradores de Economia, Banco de la Republica de Colombia, number 811, Mar, DOI: 10.32468/be.811.
• Julian A. Parra-Polania & Carmiña O. Vargas, 2014, "Changes in GDP’s measurement error volatility and response of the monetary policy rate: two approaches," Borradores de Economia, Banco de la Republica de Colombia, number 814, Mar, DOI: 10.32468/be.814.
• Franz Hamann & Marc Hofstetter & Miguel Urrutia, 2014, "Inflation Targeting in Colombia, 2002-2012," Borradores de Economia, Banco de la Republica de Colombia, number 818, May, DOI: 10.32468/be.818.
• Mauricio Villamizar, 2014, "Identifying the Effects of Simultaneous Monetary Policy Shocks. Fear of Floating under Inflation targeting," Borradores de Economia, Banco de la Republica de Colombia, number 835, Aug, DOI: 10.32468/be.835.
• Martha López, 2014, "Asset Price Bubbles and Monetary Policy in a Small Open Economy," Borradores de Economia, Banco de la Republica de Colombia, number 837, Aug, DOI: 10.32468/be.837.
• Hernán Rincón & Norberto Rodríguez, 2014, "Reestimación del grado de transmisión de la tasa de cambio del peso sobre la inflación de los bienes importados," Borradores de Economia, Banco de la Republica de Colombia, number 850, Nov, DOI: 10.32468/be.850.
• Jesús A. Bejarano & Luisa F. Charry, 2014, "Financial Frictions and Optimal Monetary Policy in a Small Open Economy," Borradores de Economia, Banco de la Republica de Colombia, number 852, Nov, DOI: 10.32468/be.852.
• Camilo González & Carmiña Vargas & Luisa Silva & Andrés M. Velasco, 2014, "Uncertainty in the Money Supply Mechanism and Interbank Markets in Colombia," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, volume 32, issue 73, pages 36-49, July, DOI: 10.1016/S0120-4483(14)70018-1.
• Marcelo Sánchez, 2014, "Macroeconomic Stabilisation and Emergency Liquidity Assistance," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, volume 32, issue 73, pages 5-16, July, DOI: 10.1016/S0120-4483(14)70016-8.
• Julian A. Parra & Carmiña O. Vargas, 2014, "Changes in GDP’s measurement error volatility and response of the monetary policy rate: Two approaches," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, volume 32, issue 75, pages 41-47, December, DOI: 10.1016/j.espe.2014.08.002.
• Jelena Radović – Stojanović, 2014, "The Cyclical Character Of Economic Policy In Serbia 2001-2012," Economic Annals, Faculty of Economics and Business, University of Belgrade, volume 59, issue 202, pages 157-182, July – Se.
• Caroline Jardet & A. Monks, 2014, "Euro Area monetary policy shocks: impact on financial asset prices during the crisis?," Working papers, Banque de France, number 512.
• Jean-Paul Renne, 2014, "Options Embedded in ECB Targeted Refinancing Operations," Working papers, Banque de France, number 518.
• Miklos Vari, 2014, "Implementing monetary policy in a fragmented monetary union," Working papers, Banque de France, number 529.
• Andrea Prat & Michael McMahon & Stephen E. Hansen, 2015, "Transparency and Deliberation within the FOMC: a Computational Linguistics Approach," Working Papers, Barcelona School of Economics, number 762, Sep.
• Jordi Galí, 2015, "The Effects of a Money-Financed Fiscal Stimulus," Working Papers, Barcelona School of Economics, number 786, Sep.
• Gertrud Errit & Lenno Uusküla, 2014, "Euro area monetary policy transmission in Estonia," Baltic Journal of Economics, Baltic International Centre for Economic Policy Studies, volume 14, issue 1-2, pages 55-77, December.
• Gabriel Chodorow-Reich, 2014, "Effects of Unconventional Monetary Policy on Financial Institutions," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, volume 45, issue 1 (Spring, pages 155-227.
• Kevin D. Sheedy, 2014, "Debt and Incomplete Financial Markets: A Case for Nominal GDP Targeting," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, volume 45, issue 1 (Spring, pages 301-373.
• Andrew Filardo & Boris Hofmann, 2014, "Forward guidance at the zero lower bound," BIS Quarterly Review, Bank for International Settlements, March.
• Robert N McCauley & Patrick McGuire, 2014, "Non-US banks' claims on the Federal Reserve," BIS Quarterly Review, Bank for International Settlements, March.
• Marco Jacopo Lombardi & Feng Zhu, 2014, "A shadow policy rate to calibrate US monetary policy at the zero lower bound," BIS Working Papers, Bank for International Settlements, number 452, Jun.
• Claudio Borio, 2014, "The international monetary and financial system: its Achilles heel and what to do about it," BIS Working Papers, Bank for International Settlements, number 456, Aug.
• Claudio Borio & Harold James & Hyun Song Shin, 2014, "The international monetary and financial system: a capital account historical perspective," BIS Working Papers, Bank for International Settlements, number 457, Aug.
• Hiroyuki Taguchi & Woong-Ki Sohn, 2014, "Inflation Targeting and the Pass-through Rate in East Asian Economies," Asian Economic Journal, East Asian Economic Association, volume 28, issue 2, pages 139-159, June.
• Reiner Franke & Stephen Sacht, 2014, "Some Observations On The High-Frequency Versions Of A Standard New-Keynesian Model," Bulletin of Economic Research, Wiley Blackwell, volume 66, issue 1, pages 72-94, January.
• Anna Samarina & Jakob De Haan, 2014, "Right On Target: Exploring The Factors Leading To Inflation Targeting Adoption," Contemporary Economic Policy, Western Economic Association International, volume 32, issue 2, pages 372-389, April.
• Narayan Kundan Kishor & Monique Newiak, 2014, "The Instability In The Monetary Policy Reaction Function And The Estimation Of Monetary Policy Shocks," Contemporary Economic Policy, Western Economic Association International, volume 32, issue 2, pages 390-402, April.
• Shiu-Sheng Chen & Chun-Chieh Wang, 2014, "Do Politics Cause Regime Shifts In Monetary Policy?," Contemporary Economic Policy, Western Economic Association International, volume 32, issue 2, pages 492-502, April.
• Sebastian Gomez-Barrero & Julian A. Parra-Polania, 2014, "Central Bank Strategic Forecasting," Contemporary Economic Policy, Western Economic Association International, volume 32, issue 4, pages 802-810, October.
• Meredith Beechey & Pär Österholm, 2014, "Central Bank Forecasts of Policy Interest Rates: An Evaluation of the First Years," Economic Notes, Banca Monte dei Paschi di Siena SpA, volume 43, issue 1, pages 63-78, February.
• Tuan Phan, 2014, "Output Composition of the Monetary Policy Transmission Mechanism: Is Australia Different?," The Economic Record, The Economic Society of Australia, volume 90, issue 290, pages 382-399, September.
• Masagus M. Ridhwan & Henri L. F. Groot & Piet Rietveld & Peter Nijkamp, 2014, "The Regional Impact of Monetary Policy in Indonesia," Growth and Change, Wiley Blackwell, volume 45, issue 2, pages 240-262, June.
• Luis Felipe Céspedes & Roberto Chang & Andrés Velasco, 2014, "Is Inflation Targeting Still on Target? The Recent Experience of Latin America," International Finance, Wiley Blackwell, volume 17, issue 2, pages 185-208, June.
• Nicolás De Roux & Marc Hofstetter, 2014, "Sacrifice Ratios and Inflation Targeting: The Role of Credibility," International Finance, Wiley Blackwell, volume 17, issue 3, pages 381-401, December.
• Masahiko Shibamoto & Minoru Tachibana, 2014, "Individual Stock Returns and Monetary Policy: Evidence from Japanese Data," The Japanese Economic Review, Japanese Economic Association, volume 65, issue 3, pages 375-396, September.
• Christopher Erceg & Jesper Lindé, 2014, "Is There A Fiscal Free Lunch In A Liquidity Trap?," Journal of the European Economic Association, European Economic Association, volume 12, issue 1, pages 73-107, February.
• Etienne Farvaque & Piotr Stanek & Stéphane Vigeant, 2014, "On the Performance of Monetary Policy Committees," Kyklos, Wiley Blackwell, volume 67, issue 2, pages 177-203, May.
• Nikolay Hristov & Oliver Hülsewig & Timo Wollmershäuser, 2014, "Financial Frictions and Inflation Differentials in a Monetary Union," Manchester School, University of Manchester, volume 82, issue 5, pages 549-595, September.
• Stephanie Schmitt-Grohé & Martín Uribe, 2014, "Liquidity Traps: an Interest-rate-based Exit Strategy," Manchester School, University of Manchester, volume 82, issue S1, pages 1-14, September.
• Hilde C. Bjørnland & Jørn I. Halvorsen, 2014, "How does Monetary Policy Respond to Exchange Rate Movements? New International Evidence," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, volume 76, issue 2, pages 208-232, April.
• Matteo Barigozzi & Antonio M. Conti & Matteo Luciani, 2014, "Do Euro Area Countries Respond Asymmetrically to the Common Monetary Policy?," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, volume 76, issue 5, pages 693-714, October.
• Annari Waal & Reneé Eyden, 2014, "Monetary policy and inflation in South Africa: A VECM augmented with foreign variables," South African Journal of Economics, Economic Society of South Africa, volume 82, issue 1, pages 117-140, March.
• Karl Walentin, 2014, "Housing Collateral and the Monetary Transmission Mechanism," Scandinavian Journal of Economics, Wiley Blackwell, volume 116, issue 3, pages 635-668, July.
• Carl Andreas Claussen & Øistein Røisland, 2014, "The Discursive Dilemma in Monetary Policy," Scandinavian Journal of Economics, Wiley Blackwell, volume 116, issue 3, pages 702-733, July.
• Daniel Kienzler & Kai D. Schmid, 2014, "Hysteresis in Potential Output and Monetary Policy," Scottish Journal of Political Economy, Scottish Economic Society, volume 61, issue 4, pages 371-396, September.
• PREDA Gabriela, 2014, "Features Of The Romanian Financial Systemâ Regarding The Interest Rate Transmission," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, volume 66, issue 6, pages 87-96.
• Knut Are Aastveit & Anne Sofie Jore & Francesco Ravazzolo, 2014, "Forecasting recessions in real time," Working Paper, Norges Bank, number 2014/02, Feb.
• Ørjan Robstad, 2014, "House prices, credit and the effect of monetary policy in Norway: Evidence from Structural VAR Models," Working Paper, Norges Bank, number 2014/05, May.
• Thorvald Grung Moe, 2014, "Marriner S. Eccles and the 1951 Treasury–Federal Reserve Accord: Lessons for central bank," Working Paper, Norges Bank, number 2014/06, May.
• Michal Brzoza-Brzezina & Paolo Gelain & Marcin Kolasa, 2014, "Monetary and macroprudential policy with multi-period loans," Working Paper, Norges Bank, number 2014/16, Nov.
• Drago Bergholt, 2014, "Monetary Policy in Oil Exporting Economies," Working Papers, Centre for Applied Macro- and Petroleum economics (CAMP), BI Norwegian Business School, number No 5/2014, Jul.
• Peter N. Ireland, 2014, "Monetary Policy, Bond Risk Premia, and the Economy," Boston College Working Papers in Economics, Boston College Department of Economics, number 852, Feb.
• Robert G. Murphy & Adam Rohde, 2014, "Rational Bias in Inflation Expectations," Boston College Working Papers in Economics, Boston College Department of Economics, number 857, Aug, revised 25 Oct 2015.
• James Cloyne & Patrick Hürtgen, 2014, "The macroeconomic effects of monetary policy: a new measure for the United Kingdom," Bank of England working papers, Bank of England, number 493, Mar.
• Shekhar Aiyar & Charles Calomiris & John Hooley & Yevgeniya Korniyenko & Tomasz Wieladek, 2014, "The international transmission of bank capital requirements: evidence from the United Kingdom," Bank of England working papers, Bank of England, number 497, Apr.
• Huw Dixon & Jeremy Franklin & Stephen Millard, 2014, "Sectoral shocks and monetary policy in the United Kingdom," Bank of England working papers, Bank of England, number 499, Apr.
• Michael Joyce & Marco Spaltro, 2014, "Quantitative easing and bank lending: a panel data approach," Bank of England working papers, Bank of England, number 504, Aug.
• Lien Laureys, 2014, "The cost of human capital depreciation during unemployment," Bank of England working papers, Bank of England, number 505, Aug.
• Liudas Giraitis & George Kapetanios & Konstantinos Theodoridis & Tony Yates, 2014, "Estimating time-varying DSGE models using minimum distance methods," Bank of England working papers, Bank of England, number 507, Aug.
• Shekhar Aiyar & Charles Calomiris & Tomasz Wieladek, 2014, "How does credit supply respond to monetary policy and bank minimum capital requirements?," Bank of England working papers, Bank of England, number 508, Sep.
• Nick Butt & Rohan Churm & Michael McMahon & Arpad Morotz & Jochen Schanz, 2014, "QE and the bank lending channel in the United Kingdom," Bank of England working papers, Bank of England, number 511, Sep.
• Lien Laureys, 2014, "Optimal monetary policy in the presence of human capital depreciation during unemployment," Bank of England working papers, Bank of England, number 514, Oct.
• Venetia Bell & Alice Pugh, 2014, "The Bank of England Credit Conditions Survey," Bank of England working papers, Bank of England, number 515, Nov.
• George S. Tavlas, 2014, "In old Chicago: Simons, Friedman and the development of monetary-policy rules," Working Papers, Bank of Greece, number 177, Mar.
• Dimitris Papageorgiou, 2014, "BoGGEM: a dynamic stochastic general equilibrium model for policy simulations," Working Papers, Bank of Greece, number 182, May.
• Masashi Saito & Yoshihiko Hogen, 2014, "Portfolio Rebalancing Following the Bank of Japan's Government Bond Purchases: Empirical Analysis Using Data on Bank Loans and Investment Flows," Bank of Japan Research Papers, Bank of Japan, number 14-06-19, Jun.
• Fabio Milani & Sung Ho Park, 2014, "The Effects of Globalization on Macroeconomic Dynamics in a Trade-Dependent Economy: the Case of Korea," Working Papers, Economic Research Institute, Bank of Korea, number 2014-13, May.
• Byoung-Ki Kim & Jinill Kim, 2014, "Principles of Unconventional Monetary Policy: A Comparison between Federal Reserve System and European Central Bank (in Korean)," Working Papers, Economic Research Institute, Bank of Korea, number 2014-22, Aug.
• Barry Eichengreen, 2014, "International Currencies Past, Present and Future: Two Views from Economic History," Working Papers, Economic Research Institute, Bank of Korea, number 2014-31, Oct.
• Insu Kim & Myung-Soo Yie, 2014, "Unemployment and Optimal Monetary Policy (in Korean)," Working Papers, Economic Research Institute, Bank of Korea, number 2014-36, Dec.
• Ege Yazgan, 2014, "The effect of investors' confidence on monetary policy- economic growth relationship: a Multivariate GARCH approach," BIFEC Book of Abstracts & Proceedings, Research and Business Development Department, Borsa Istanbul, volume 1, issue 2, pages 82-109, March.
• Sonali Jain-Chandra & D. Filiz Unsal, 2014, "The effectiveness of monetary policy transmission under capital inflows: Evidence from Asia," Borsa Istanbul Review, Research and Business Development Department, Borsa Istanbul, volume 14, issue 2, pages 96-103, June.
• Gerlach Stefan & Moretti Laura, 2014, "Monetary policy and TIPS yields before the crisis," The B.E. Journal of Macroeconomics, De Gruyter, volume 14, issue 1, pages 689-701, January, DOI: 10.1515/bejm-2012-0154.
• Occhino Filippo & Pescatori Andrea, 2014, "Leverage, investment, and optimal monetary policy," The B.E. Journal of Macroeconomics, De Gruyter, volume 14, issue 1, pages 511-531, January, DOI: 10.1515/bejm-2013-0113.
• Bursian Dirk & Roth Markus, 2014, "Optimal policy and Taylor rule cross-checking under parameter uncertainty," The B.E. Journal of Macroeconomics, De Gruyter, volume 14, issue 1, pages 301-324, January, DOI: 10.1515/bejm-2012-0127.
• Bayar Omer, 2014, "Temporal aggregation and estimated monetary policy rules," The B.E. Journal of Macroeconomics, De Gruyter, volume 14, issue 1, pages 553-577, January, DOI: 10.1515/bejm-2013-0124.
• Talukdar Bidyut, 2014, "Organizational learning and optimal fiscal and monetary policy," The B.E. Journal of Macroeconomics, De Gruyter, volume 14, issue 1, pages 445-475, January, DOI: 10.1515/bejm-2012-0002.
• Luque Jaime & Taamouti Abderrahim, 2014, "Did the euro change the effect of fundamentals on growth and uncertainty?," The B.E. Journal of Macroeconomics, De Gruyter, volume 14, issue 1, pages 625-660, January, DOI: 10.1515/bejm-2013-0133.
• Minea, Alexandru & Tapsoba, René, 2014, "Does inflation targeting improve fiscal discipline?," Journal of International Money and Finance, Elsevier, volume 40, issue C, pages 185-203, DOI: 10.1016/j.jimonfin.2013.10.002.
• Cooke, Dudley, 2014, "Monetary shocks, exchange rates, and the extensive margin of exports," Journal of International Money and Finance, Elsevier, volume 41, issue C, pages 128-145, DOI: 10.1016/j.jimonfin.2013.10.003.
• Neuenkirch, Matthias & Tillmann, Peter, 2014, "Inflation targeting, credibility, and non-linear Taylor rules," Journal of International Money and Finance, Elsevier, volume 41, issue C, pages 30-45, DOI: 10.1016/j.jimonfin.2013.10.006.
• Ince, Onur, 2014, "Forecasting exchange rates out-of-sample with panel methods and real-time data," Journal of International Money and Finance, Elsevier, volume 43, issue C, pages 1-18, DOI: 10.1016/j.jimonfin.2013.12.004.
• Alpanda, Sami & Honig, Adam, 2014, "The impact of central bank independence on the performance of inflation targeting regimes," Journal of International Money and Finance, Elsevier, volume 44, issue C, pages 118-135, DOI: 10.1016/j.jimonfin.2014.02.004.
• Bauer, Michael D. & Neely, Christopher J., 2014, "International channels of the Fed's unconventional monetary policy," Journal of International Money and Finance, Elsevier, volume 44, issue C, pages 24-46, DOI: 10.1016/j.jimonfin.2013.12.007.
• Florackis, Chris & Kontonikas, Alexandros & Kostakis, Alexandros, 2014, "Stock market liquidity and macro-liquidity shocks: Evidence from the 2007–2009 financial crisis," Journal of International Money and Finance, Elsevier, volume 44, issue C, pages 97-117, DOI: 10.1016/j.jimonfin.2014.02.002.
• Cantero-Saiz, Maria & Sanfilippo-Azofra, Sergio & Torre-Olmo, Begoña & López-Gutiérrez, Carlos, 2014, "Sovereign risk and the bank lending channel in Europe," Journal of International Money and Finance, Elsevier, volume 47, issue C, pages 1-20, DOI: 10.1016/j.jimonfin.2014.04.008.
• Hayo, Bernd & Neuenkirch, Edith, 2014, "The German public and its trust in the ECB: The role of knowledge and information search," Journal of International Money and Finance, Elsevier, volume 47, issue C, pages 286-303, DOI: 10.1016/j.jimonfin.2014.07.003.
• Ehrmann, Michael & Osbat, Chiara & Stráský, Jan & Uusküla, Lenno, 2014, "The euro exchange rate during the European sovereign debt crisis – Dancing to its own tune?," Journal of International Money and Finance, Elsevier, volume 49, issue PB, pages 319-339, DOI: 10.1016/j.jimonfin.2014.06.008.
• Cronin, David, 2014, "The interaction between money and asset markets: A spillover index approach," Journal of Macroeconomics, Elsevier, volume 39, issue PA, pages 185-202, DOI: 10.1016/j.jmacro.2013.09.006.
• Ravn, Søren Hove, 2014, "Asymmetric monetary policy towards the stock market: A DSGE approach," Journal of Macroeconomics, Elsevier, volume 39, issue PA, pages 24-41, DOI: 10.1016/j.jmacro.2013.11.002.
• Georgiadis, Georgios, 2014, "Towards an explanation of cross-country asymmetries in monetary transmission," Journal of Macroeconomics, Elsevier, volume 39, issue PA, pages 66-84, DOI: 10.1016/j.jmacro.2013.10.003.
• Gibson, Heather D. & Palivos, Theodore & Tavlas, George S., 2014, "The Crisis in the Euro Area: An Analytic Overview," Journal of Macroeconomics, Elsevier, volume 39, issue PB, pages 233-239, DOI: 10.1016/j.jmacro.2013.09.014.
• Constâncio, Vítor, 2014, "The European Crisis and the Role of the Financial System," Journal of Macroeconomics, Elsevier, volume 39, issue PB, pages 250-259, DOI: 10.1016/j.jmacro.2013.08.009.
• Azariadis, Costas, 2014, "Credit Policy in times of Financial Distress," Journal of Macroeconomics, Elsevier, volume 39, issue PB, pages 337-345, DOI: 10.1016/j.jmacro.2013.09.003.
• Polito, Vito & Wickens, Michael, 2014, "How the Euro Crisis Evolved and how to Avoid Another: EMU, Fiscal Policy and Credit Ratings," Journal of Macroeconomics, Elsevier, volume 39, issue PB, pages 364-374, DOI: 10.1016/j.jmacro.2013.09.004.
• Goodhart, C.A.E., 2014, "Lessons for Monetary Policy from the Euro-Area Crisis," Journal of Macroeconomics, Elsevier, volume 39, issue PB, pages 378-382, DOI: 10.1016/j.jmacro.2013.08.014.
• Whelan, Karl, 2014, "Ireland’s Economic Crisis: The Good, the Bad and the Ugly," Journal of Macroeconomics, Elsevier, volume 39, issue PB, pages 424-440, DOI: 10.1016/j.jmacro.2013.08.008.
• Marzioni, Stefano, 2014, "Signals and learning in a new Keynesian economy," Journal of Macroeconomics, Elsevier, volume 40, issue C, pages 114-131, DOI: 10.1016/j.jmacro.2014.03.002.
• Jensen, Christian, 2014, "Discretionary policy exploiting learning in a sticky-information model of the inflation-output trade-off: Bridging the gap to commitment," Journal of Macroeconomics, Elsevier, volume 40, issue C, pages 150-158, DOI: 10.1016/j.jmacro.2014.03.004.
• Thornton, Daniel L., 2014, "Monetary policy: Why money matters (and interest rates don’t)," Journal of Macroeconomics, Elsevier, volume 40, issue C, pages 202-213, DOI: 10.1016/j.jmacro.2013.12.005.
• Moore, Bartholomew, 2014, "Monetary policy regimes and inflation in the new-Keynesian model," Journal of Macroeconomics, Elsevier, volume 40, issue C, pages 323-337, DOI: 10.1016/j.jmacro.2014.01.011.
• Mazumder, Sandeep, 2014, "The sacrifice ratio and core inflation," Journal of Macroeconomics, Elsevier, volume 40, issue C, pages 400-421, DOI: 10.1016/j.jmacro.2014.02.002.
• Neuenkirch, Matthias, 2014, "Are public preferences reflected in monetary policy reaction functions?," Journal of Macroeconomics, Elsevier, volume 40, issue C, pages 60-68, DOI: 10.1016/j.jmacro.2014.02.009.
• Lester, Robert, 2014, "Home production and sticky price models: Implications for monetary policy," Journal of Macroeconomics, Elsevier, volume 41, issue C, pages 107-121, DOI: 10.1016/j.jmacro.2014.05.002.
• Nakata, Taisuke, 2014, "Welfare costs of shifting trend inflation," Journal of Macroeconomics, Elsevier, volume 41, issue C, pages 66-78, DOI: 10.1016/j.jmacro.2014.05.001.
• Ehrhart, Hélène & Minea, Alexandru & Villieu, Patrick, 2014, "Debt, seigniorage, and the Growth Laffer Curve in developing countries," Journal of Macroeconomics, Elsevier, volume 42, issue C, pages 199-210, DOI: 10.1016/j.jmacro.2014.07.004.
• Ben-Salha, Ousama & Jaidi, Zied, 2014, "Some new evidence on the determinants of money demand in developing countries – A case study of Tunisia," The Journal of Economic Asymmetries, Elsevier, volume 11, issue C, pages 30-45, DOI: 10.1016/j.jeca.2014.06.001.
• Elsamadisy, Elsayed Mousa & Alkhater, Khalid Rashid & Basher, Syed Abul, 2014, "Pre- versus post-crisis central banking in Qatar," Journal of Policy Modeling, Elsevier, volume 36, issue 2, pages 330-352, DOI: 10.1016/j.jpolmod.2014.01.003.
• Ayres, Kelly & Belasen, Ariel R. & Kutan, Ali M., 2014, "Does inflation targeting lower inflation and spur growth?," Journal of Policy Modeling, Elsevier, volume 36, issue 2, pages 373-388, DOI: 10.1016/j.jpolmod.2012.12.008.
• Palma, Andreza Aparecida & Portugal, Marcelo Savino, 2014, "Preferences of the Central Bank of Brazil under the inflation targeting regime: Estimation using a DSGE model for a small open economy," Journal of Policy Modeling, Elsevier, volume 36, issue 5, pages 824-839, DOI: 10.1016/j.jpolmod.2014.08.004.
• Di Bartolomeo, Giovanni & Tirelli, Patrizio & Acocella, Nicola, 2014, "Trend inflation, the labor market wedge, and the non-vertical Phillips curve," Journal of Policy Modeling, Elsevier, volume 36, issue 6, pages 1022-1035, DOI: 10.1016/j.jpolmod.2014.10.005.
• Gust, Christopher & López-Salido, David, 2014, "Monetary policy and the cyclicality of risk," Journal of Monetary Economics, Elsevier, volume 62, issue C, pages 59-75, DOI: 10.1016/j.jmoneco.2013.11.008.
• Bilbiie, Florin O. & Fujiwara, Ippei & Ghironi, Fabio, 2014, "Optimal monetary policy with endogenous entry and product variety," Journal of Monetary Economics, Elsevier, volume 64, issue C, pages 1-20, DOI: 10.1016/j.jmoneco.2014.02.006.
• Walentin, Karl, 2014, "Business cycle implications of mortgage spreads," Journal of Monetary Economics, Elsevier, volume 67, issue C, pages 62-77, DOI: 10.1016/j.jmoneco.2014.07.005.
• Caggiano, Giovanni & Castelnuovo, Efrem & Groshenny, Nicolas, 2014, "Uncertainty shocks and unemployment dynamics in U.S. recessions," Journal of Monetary Economics, Elsevier, volume 67, issue C, pages 78-92, DOI: 10.1016/j.jmoneco.2014.07.006.
• Bhattarai, Saroj & Lee, Jae Won & Park, Woong Yong, 2014, "Inflation dynamics: The role of public debt and policy regimes," Journal of Monetary Economics, Elsevier, volume 67, issue C, pages 93-108, DOI: 10.1016/j.jmoneco.2014.07.004.
• Santoro, Emiliano & Petrella, Ivan & Pfajfar, Damjan & Gaffeo, Edoardo, 2014, "Loss aversion and the asymmetric transmission of monetary policy," Journal of Monetary Economics, Elsevier, volume 68, issue C, pages 19-36, DOI: 10.1016/j.jmoneco.2014.07.009.
• Yang, Lu & Hamori, Shigeyuki, 2014, "Spillover effect of US monetary policy to ASEAN stock markets: Evidence from Indonesia, Singapore, and Thailand," Pacific-Basin Finance Journal, Elsevier, volume 26, issue C, pages 145-155, DOI: 10.1016/j.pacfin.2013.12.003.
• McCredie, Bronwyn & Docherty, Paul & Easton, Steve & Uylangco, Katherine, 2014, "The differential impact of monetary policy announcements and explanatory minutes releases on the Australian interest rate futures market," Pacific-Basin Finance Journal, Elsevier, volume 29, issue C, pages 261-271, DOI: 10.1016/j.pacfin.2014.05.001.
• Berggren, Niclas & Daunfeldt, Sven-Olov & Hellström, Jörgen, 2014, "Social trust and central-bank independence," European Journal of Political Economy, Elsevier, volume 34, issue C, pages 425-439, DOI: 10.1016/j.ejpoleco.2013.10.002.
• Nolivos, Roberto Delhy & Vuletin, Guillermo, 2014, "The role of central bank independence on optimal taxation and seigniorage," European Journal of Political Economy, Elsevier, volume 34, issue C, pages 440-458, DOI: 10.1016/j.ejpoleco.2013.09.010.
• Gahvari, Firouz & Micheletto, Luca, 2014, "The Friedman rule in an overlapping-generations model with nonlinear taxation and income misreporting," Journal of Public Economics, Elsevier, volume 119, issue C, pages 10-23, DOI: 10.1016/j.jpubeco.2014.06.015.
• Aastveit, Knut Are & Trovik, Tørres, 2014, "Estimating the output gap in real time: A factor model approach," The Quarterly Review of Economics and Finance, Elsevier, volume 54, issue 2, pages 180-193, DOI: 10.1016/j.qref.2013.09.003.
• Hoffmann, Andreas & Löffler, Axel, 2014, "Low interest rate policy and the use of reserve requirements in emerging markets," The Quarterly Review of Economics and Finance, Elsevier, volume 54, issue 3, pages 307-314, DOI: 10.1016/j.qref.2014.04.006.
• Saraoglu, Hakan & Louton, David & Holowczak, Richard, 2014, "Institutional impact and quote behavior implications of the options penny pilot project," The Quarterly Review of Economics and Finance, Elsevier, volume 54, issue 4, pages 473-486, DOI: 10.1016/j.qref.2014.05.001.
• Marzo, Massimiliano & Zagaglia, Paolo, 2014, "Asymmetric information and term lending in the Euro money market: Evidence from the beginning of the turmoil," The Quarterly Review of Economics and Finance, Elsevier, volume 54, issue 4, pages 487-499, DOI: 10.1016/j.qref.2014.05.003.
• Tsai, Chun-Li, 2014, "The effects of monetary policy on stock returns: Financing constraints and “informative” and “uninformative” FOMC statements," International Review of Economics & Finance, Elsevier, volume 29, issue C, pages 273-290, DOI: 10.1016/j.iref.2013.06.003.
• Belke, Ansgar & Freytag, Andreas & Keil, Jonas & Schneider, Friedrich, 2014, "The credibility of monetary policy announcements: Empirical evidence for OECD countries since the 1960s," International Review of Economics & Finance, Elsevier, volume 33, issue C, pages 217-227, DOI: 10.1016/j.iref.2014.05.005.
• De Roux, Nicolás & Hofstetter, Marc, 2014, "Do preferences shape institutions? The case of inflation aversion and inflation targeting," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, volume 51, issue C, pages 68-78, DOI: 10.1016/j.socec.2014.03.005.
• Leo Krippner, 2014, "Measuring the stance of monetary policy in conventional and unconventional environments," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2014-06, Jan.
• Ronald A. Ratti & Joaquin L. Vespignani, 2014, "Not All International Monetary Shocks Are Alike for the Japanese Economy," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2014-14, Feb.
• Mariano Kulish & Adrian Pagan, 2014, "Estimation and Solution of Models with Expectations and Structural Changes," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2014-15, Feb.
• Thomas A. Lubik & Christian Matthes, 2014, "Indeterminacy and Learning: An Analysis of Monetary Policy in the Great Inflation," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2014-16, Feb.
• Eric Eisenstat & Rodney W. Strachan, 2014, "Modelling Inflation Volatility," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2014-21, Feb.
• Samuel Wills, 2014, "Optimal Monetary Responses to Oil Discoveries," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2014-37, May.
• Tuan Phan, 2014, "Output Composition of the Monetary Policy Transmission Mechanism: Is Australia Different?," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2014-39, May.
• Edda Claus & Iris Claus & Leo Krippner, 2014, "Asset Markets and Monetary Policy Shocks at the Zero Lower Bound," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2014-42, May.
• Yasuo Hirose, 2014, "An Estimated DSGE Model with a Deflation Steady State," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2014-52, Jul.
• Pierre L. Siklos & Matthias Neuenkirch, 2014, "How Monetary Policy is made: Two Canadian Tales," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2014-53, Jul.
• Renee A. Fry-McKibbin & Chen Wang, 2014, "Does Inflation Targeting Outperform Alternative Policies during Global Downturns?," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2014-64, Oct.
• Kerry B. Hudson & Joaquin L. Vespignani, 2014, "Understanding the Deviations of the Taylor Rule: A New Methodology with an Application to Australia," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2014-78, Dec.
• Tuan Anh Phan, 2014, "Output Composition of the Monetary Policy Transmission Mechanism: Is Australia Different?," Crawford School Research Papers, Crawford School of Public Policy, The Australian National University, number 1403, May.
• Tuan Anh Phan, 2014, "The Determinants of Inflation in Vietnam: VAR and SVAR Approaches," Crawford School Research Papers, Crawford School of Public Policy, The Australian National University, number 1404, May.
• Duro Š. Medic, 2014, "Kritika neoliberalnih mitova i njihove uloge u opisu i rješavanju krizno-recesijskog stanja u privredi," Ekonomija Economics, Rifin d.o.o., volume 20, issue 2, pages 381-416.
• Baki DEMIREL & Baris ALPASLAN & Emre Guneser BOZDAG, 2014, "Do Exchange Rates Affect Inflation? Evidence From Emerging Market Economies," Ege Academic Review, Ege University Faculty of Economics and Administrative Sciences, volume 14, issue 1, pages 1-8.
• García-Cicco, Javier & Kawamura, Enrique, 2014, "Central bank liquidity management and “unconventional” monetary policies," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 123165, Oct.
• Hamann, Franz & Hofstetter, Marc & Urrutia, Miguel, 2014, "Inflation targeting in Colombia, 2002–12," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 123291, Oct.
• Armas, Adrián & Castillo, Paul & Vega, Marco, 2014, "Inflation targeting and quantitative tightening: effects of reserve requirements in Peru," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 123334, Oct.
• Hansen, Stephen & McMahon, Michael & Prat, Andrea, 2014, "Transparency and deliberation within the FOMC: a computational linguistics approach," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 58072, Jun.