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
/ / / E58: Central Banks and Their Policies

2016

• Coenen, Günter & Schmidt, Sebastian, 2016, "The role of the ECB’s asset purchases in preventing a potential de-anchoring of longer-term inflation expectations," Research Bulletin, European Central Bank, volume 25.
• Schmidt, Sebastian, 2016, "The effective lower bound: some implications for inflation dynamics beyond the current low interest rate environment," Research Bulletin, European Central Bank, volume 29.
• Bholat, David, 2016, "Modelling metadata in central banks," Statistics Paper Series, European Central Bank, number 13, Apr.
• Correia, Isabel & De Fiore, Fiorella & Teles, Pedro & Tristani, Oreste, 2016, "Credit subsidies," Working Paper Series, European Central Bank, number 1877, Jan.
• Gross, Marco & Población García, Francisco Javier, 2016, "Assessing the efficacy of borrower-based macroprudential policy using an integrated micro-macro model for European households," Working Paper Series, European Central Bank, number 1881, Feb.
• Manganelli, Simone & Heider, Florian & Hoerova, Marie & Garcia-de-Andoain, Carlos, 2016, "Lending-of-last-resort is as lending-of-last-resort does: central bank liquidity provision and interbank market functioning in the euro area," Working Paper Series, European Central Bank, number 1886, Feb.
• Kok, Christoffer & Gross, Marco & Żochowski, Dawid, 2016, "The impact of bank capital on economic activity - evidence from a mixed-cross-section GVAR model," Working Paper Series, European Central Bank, number 1888, Mar.
• Ari, Anil, 2016, "Sovereign risk and bank risk-taking," Working Paper Series, European Central Bank, number 1894, Apr.
• Muellbauer, John & Geiger, Felix & Rupprecht, Manuel, 2016, "The housing market, household portfolios and the German consumer," Working Paper Series, European Central Bank, number 1904, May.
• Cassola, Nuno & Koulischer, François, 2016, "The collateral channel of open market operations," Working Paper Series, European Central Bank, number 1906, May.
• Radde, Sören & Cui, Wei, 2016, "Search-based endogenous asset liquidity and the macroeconomy," Working Paper Series, European Central Bank, number 1917, Jun.
• Heider, Florian & Garcia-de-Andoain, Carlos & Frutos de Andres, Juan Carlos & Papsdorf, Patrick, 2016, "Stressed interbank markets: evidence from the European financial and sovereign debt crisis," Working Paper Series, European Central Bank, number 1925, Jun.
• Jung, Alexander, 2016, "Have monetary data releases helped markets to predict the interest rate decisions of the European Central Bank?," Working Paper Series, European Central Bank, number 1926, Jul.
• De Santis, Roberto A., 2016, "Impact of the asset purchase programme on euro area government bond yields using market news," Working Paper Series, European Central Bank, number 1939, Jul.
• Łyziak, Tomasz & Paloviita, Maritta, 2016, "Anchoring of inflation expectations in the euro area: recent evidence based on survey data," Working Paper Series, European Central Bank, number 1945, Aug.
• Altavilla, Carlo & Giannone, Domenico, 2016, "The effectiveness of non-standard monetary policy measures: evidence from survey data," Working Paper Series, European Central Bank, number 1951, Aug.
• Wolski, Marcin & van de Leur, Michiel, 2016, "Interbank loans, collateral and modern monetary policy," Working Paper Series, European Central Bank, number 1959, Sep.
• Jung, Alexander, 2016, "Have FOMC minutes helped markets to predict FED funds rate changes?," Working Paper Series, European Central Bank, number 1961, Sep.
• Camba-Méndez, Gonzalo & Durré, Alain & Mongelli, Francesco Paolo, 2016, "Bank interest rate setting in the euro area during the Great Recession," Working Paper Series, European Central Bank, number 1965, Sep.
• Schmidt, Sebastian & Nakata, Taisuke, 2016, "Gradualism and liquidity traps," Working Paper Series, European Central Bank, number 1976, Nov.
• Nyholm, Ken, 2016, "US-euro area term structure spillovers, implications for central banks," Working Paper Series, European Central Bank, number 1980, Nov.
• Brunnermeier, Markus K. & Sannikov, Yuliy, 2016, "The I Theory of Money," Research Papers, Stanford University, Graduate School of Business, number 3431, Jan.
• Siba Dayyabu & Ahmad Azrin Adnan & Zunaidah Sulong, 2016, "Effectiveness of Foreign Exchange Market Intervention in Nigeria (1970-2013)," International Journal of Economics and Financial Issues, Econjournals, volume 6, issue 1, pages 279-287.
• Marwa A. Elsherif, 2016, "Exchange Rate Volatility and Central Bank Actions in Egypt: Generalized Autoregressive Conditional Heteroscedasticity Analysis," International Journal of Economics and Financial Issues, Econjournals, volume 6, issue 3, pages 1209-1216.
• Sallahuddin Hassan & Musa Murtala, 2016, "The Role of Domestic Private Investment in Promoting Per Capita Income Convergence amongst Association of Southeast Asian Nations-5 Economies," International Journal of Economics and Financial Issues, Econjournals, volume 6, issue 4, pages 1299-1303.
• Waeibrorheem Waemustafa & Suriani Sukri, 2016, "Systematic and Unsystematic Risk Determinants of Liquidity Risk Between Islamic and Conventional Banks," International Journal of Economics and Financial Issues, Econjournals, volume 6, issue 4, pages 1321-1327.
• Mete Han Yagmur, 2016, "Monetary Policy Response to Exchange Rates: An Empirical Investigation," International Journal of Economics and Financial Issues, Econjournals, volume 6, issue 4, pages 1392-1399.
• Pei-Tha Gan & Nyuk-Ling Lee & Mohammed Yahya Mohammed Hussin & Norimah Rambeli, 2016, "Monetary Policy and External Factors: Empirical Evidence for Association of Southeast Asian Nations 3," International Journal of Economics and Financial Issues, Econjournals, volume 6, issue 4, pages 1585-1590.
• Zhang, Longmei & Zoli, Edda, 2016, "Leaning against the wind: Macroprudential policy in Asia," Journal of Asian Economics, Elsevier, volume 42, issue C, pages 33-52, DOI: 10.1016/j.asieco.2015.11.001.
• Filardo, Andrew & Genberg, Hans & Hofmann, Boris, 2016, "Monetary analysis and the global financial cycle: An Asian central bank perspective," Journal of Asian Economics, Elsevier, volume 46, issue C, pages 1-16, DOI: 10.1016/j.asieco.2016.08.002.
• Deng, Kaihua & Todd, Walker, 2016, "Is the US quantitative easing more effective than China's? A second thought," China Economic Review, Elsevier, volume 38, issue C, pages 11-23, DOI: 10.1016/j.chieco.2015.11.007.
• Hahn, Volker, 2016, "Designing monetary policy committees," Journal of Economic Dynamics and Control, Elsevier, volume 65, issue C, pages 47-67, DOI: 10.1016/j.jedc.2016.02.003.
• Garín, Julio & Lester, Robert & Sims, Eric, 2016, "On the desirability of nominal GDP targeting," Journal of Economic Dynamics and Control, Elsevier, volume 69, issue C, pages 21-44, DOI: 10.1016/j.jedc.2016.05.004.
• Lakdawala, Aeimit, 2016, "Changes in Federal Reserve preferences," Journal of Economic Dynamics and Control, Elsevier, volume 70, issue C, pages 124-143, DOI: 10.1016/j.jedc.2016.07.003.
• Liu, Keqing, 2016, "Bank equity and macroprudential policy," Journal of Economic Dynamics and Control, Elsevier, volume 73, issue C, pages 1-17, DOI: 10.1016/j.jedc.2016.08.005.
• Di Bartolomeo, Giovanni & Di Pietro, Marco & Giannini, Bianca, 2016, "Optimal monetary policy in a New Keynesian model with heterogeneous expectations," Journal of Economic Dynamics and Control, Elsevier, volume 73, issue C, pages 373-387, DOI: 10.1016/j.jedc.2016.10.003.
• Wolski, Marcin & van de Leur, Michiel, 2016, "Interbank loans, collateral and modern monetary policy," Journal of Economic Dynamics and Control, Elsevier, volume 73, issue C, pages 388-416, DOI: 10.1016/j.jedc.2016.10.002.
• Belongia, Michael T. & Ireland, Peter N., 2016, "The evolution of U.S. monetary policy: 2000–2007," Journal of Economic Dynamics and Control, Elsevier, volume 73, issue C, pages 78-93, DOI: 10.1016/j.jedc.2016.09.009.
• Thistle, John G. & Miller, Daniel E., 2016, "No free lunch: Fundamental tradeoffs in macroeconomic policy," Economic Analysis and Policy, Elsevier, volume 51, issue C, pages 104-121, DOI: 10.1016/j.eap.2016.07.001.
• Paccagnini, Alessia, 2016, "The macroeconomic determinants of the US term structure during the Great Moderation," Economic Modelling, Elsevier, volume 52, issue PA, pages 216-225, DOI: 10.1016/j.econmod.2014.11.013.
• Vespignani, Joaquin L. & Ratti, Ronald A., 2016, "Not all international monetary shocks are alike for the Japanese economy," Economic Modelling, Elsevier, volume 52, issue PB, pages 822-837, DOI: 10.1016/j.econmod.2015.10.019.
• Havranek, Tomas & Irsova, Zuzana & Lesanovska, Jitka, 2016, "Bank efficiency and interest rate pass-through: Evidence from Czech loan products," Economic Modelling, Elsevier, volume 54, issue C, pages 153-169, DOI: 10.1016/j.econmod.2016.01.004.
• Chesang, Laban K. & Naraidoo, Ruthira, 2016, "Parameter uncertainty and inflation dynamics in a model with asymmetric central bank preferences," Economic Modelling, Elsevier, volume 56, issue C, pages 1-10, DOI: 10.1016/j.econmod.2016.03.004.
• de Moraes, Claudio Oliveira & Montes, Gabriel Caldas & Antunes, José Américo Pereira, 2016, "How does capital regulation react to monetary policy? New evidence on the risk-taking channel," Economic Modelling, Elsevier, volume 56, issue C, pages 177-186, DOI: 10.1016/j.econmod.2016.03.025.
• García-Posada, Miguel & Marchetti, Marcos, 2016, "The bank lending channel of unconventional monetary policy: The impact of the VLTROs on credit supply in Spain," Economic Modelling, Elsevier, volume 58, issue C, pages 427-441, DOI: 10.1016/j.econmod.2016.05.002.
• Medina, Juan Pablo & Soto, Claudio, 2016, "Commodity prices and fiscal policy in a commodity exporting economy," Economic Modelling, Elsevier, volume 59, issue C, pages 335-351, DOI: 10.1016/j.econmod.2016.08.002.
• Rubio, Margarita & Carrasco-Gallego, José A., 2016, "Coordinating macroprudential policies within the Euro area: The case of Spain," Economic Modelling, Elsevier, volume 59, issue C, pages 570-582, DOI: 10.1016/j.econmod.2016.06.006.
• Chortareas, Georgios & Logothetis, Vassileios & Magkonis, Georgios & Zekente, Kalliopi-Maria, 2016, "The effect of banking supervision on central bank preferences: Evidence from panel data," Economics Letters, Elsevier, volume 140, issue C, pages 11-13, DOI: 10.1016/j.econlet.2015.12.021.
• Moore, Bartholomew, 2016, "Anticipated disinflation and recession in the New Keynesian model under learning," Economics Letters, Elsevier, volume 142, issue C, pages 49-52, DOI: 10.1016/j.econlet.2016.03.012.
• Ellis, Michael A. & Liu, Dandan, 2016, "FOMC forecasts and monetary policy deliberations," Economics Letters, Elsevier, volume 147, issue C, pages 131-134, DOI: 10.1016/j.econlet.2016.08.033.
• Richter, Alexander W. & Throckmorton, Nathaniel A., 2016, "Is Rotemberg pricing justified by macro data?," Economics Letters, Elsevier, volume 149, issue C, pages 44-48, DOI: 10.1016/j.econlet.2016.10.011.
• Dräger, Lena & Lamla, Michael J. & Pfajfar, Damjan, 2016, "Are survey expectations theory-consistent? The role of central bank communication and news," European Economic Review, Elsevier, volume 85, issue C, pages 84-111, DOI: 10.1016/j.euroecorev.2016.01.010.
• Kliem, Martin & Kriwoluzky, Alexander & Sarferaz, Samad, 2016, "Monetary–fiscal policy interaction and fiscal inflation: A tale of three countries," European Economic Review, Elsevier, volume 88, issue C, pages 158-184, DOI: 10.1016/j.euroecorev.2016.02.023.
• Carvalho, Carlos & Ferrero, Andrea & Nechio, Fernanda, 2016, "Demographics and real interest rates: Inspecting the mechanism," European Economic Review, Elsevier, volume 88, issue C, pages 208-226, DOI: 10.1016/j.euroecorev.2016.04.002.
• Michelis, Andrea De & Iacoviello, Matteo, 2016, "Raising an inflation target: The Japanese experience with Abenomics," European Economic Review, Elsevier, volume 88, issue C, pages 67-87, DOI: 10.1016/j.euroecorev.2016.02.021.
• Arias, Jonas E. & Erceg, Christopher & Trabandt, Mathias, 2016, "The macroeconomic risks of undesirably low inflation," European Economic Review, Elsevier, volume 88, issue C, pages 88-107, DOI: 10.1016/j.euroecorev.2016.03.005.
• Adam, Klaus & Tzamourani, Panagiota, 2016, "Distributional consequences of asset price inflation in the Euro Area," European Economic Review, Elsevier, volume 89, issue C, pages 172-192, DOI: 10.1016/j.euroecorev.2016.07.005.
• Caggiano, Giovanni & Calice, Pietro & Leonida, Leone & Kapetanios, George, 2016, "Comparing logit-based early warning systems: Does the duration of systemic banking crises matter?," Journal of Empirical Finance, Elsevier, volume 37, issue C, pages 104-116, DOI: 10.1016/j.jempfin.2016.01.005.
• Glas, Alexander & Hartmann, Matthias, 2016, "Inflation uncertainty, disagreement and monetary policy: Evidence from the ECB Survey of Professional Forecasters," Journal of Empirical Finance, Elsevier, volume 39, issue PB, pages 215-228, DOI: 10.1016/j.jempfin.2016.05.001.
• Bazot, Guillaume & Bordo, Michael D. & Monnet, Eric, 2016, "International shocks and the balance sheet of the Bank of France under the classical gold standard," Explorations in Economic History, Elsevier, volume 62, issue C, pages 87-107, DOI: 10.1016/j.eeh.2016.07.006.
• Marcelin, Isaac & Mathur, Ike, 2016, "Financial sector development and dollarization in emerging economies," International Review of Financial Analysis, Elsevier, volume 46, issue C, pages 20-32, DOI: 10.1016/j.irfa.2016.04.010.
• McCredie, Bronwyn & Docherty, Paul & Easton, Steve & Uylangco, Katherine, 2016, "The channels of monetary policy triggered by central bank actions and statements in the Australian equity market," International Review of Financial Analysis, Elsevier, volume 46, issue C, pages 46-61, DOI: 10.1016/j.irfa.2016.04.008.
• Thornton, John, 2016, "Inflation targeting in developing countries revisited," Finance Research Letters, Elsevier, volume 16, issue C, pages 145-153, DOI: 10.1016/j.frl.2015.10.024.
• Ghosh, Amit, 2016, "What drives gold demand in central bank's foreign exchange reserve portfolio?," Finance Research Letters, Elsevier, volume 17, issue C, pages 146-150, DOI: 10.1016/j.frl.2016.03.007.
• Thornton, John & Vasilakis, Chrysovalantis, 2016, "Does inflation targeting reduce sovereign risk? Further evidence," Finance Research Letters, Elsevier, volume 18, issue C, pages 237-241, DOI: 10.1016/j.frl.2016.04.022.
• Barucci, Emilio & Baviera, Roberto & Milani, Carlo, 2016, "Is the Comprehensive Assessment able to capture banks’ risks?," Finance Research Letters, Elsevier, volume 19, issue C, pages 98-104, DOI: 10.1016/j.frl.2016.06.010.
• Horváth, Roman & Vaško, Dan, 2016, "Central bank transparency and financial stability," Journal of Financial Stability, Elsevier, volume 22, issue C, pages 45-56, DOI: 10.1016/j.jfs.2015.12.003.
• Carpenter, Seth B. & Demiralp, Selva & Senyuz, Zeynep, 2016, "Volatility in the federal funds market and money market spreads during the financial crisis," Journal of Financial Stability, Elsevier, volume 25, issue C, pages 225-233, DOI: 10.1016/j.jfs.2016.01.004.
• Allen, Linda & Tang, Yi, 2016, "What’s the contingency? A proposal for bank contingent capital triggered by systemic risk," Journal of Financial Stability, Elsevier, volume 26, issue C, pages 1-14, DOI: 10.1016/j.jfs.2016.06.005.
• Tayler, William J. & Zilberman, Roy, 2016, "Macroprudential regulation, credit spreads and the role of monetary policy," Journal of Financial Stability, Elsevier, volume 26, issue C, pages 144-158, DOI: 10.1016/j.jfs.2016.08.001.
• Georgiadis, Georgios & Gräb, Johannes, 2016, "Global financial market impact of the announcement of the ECB's asset purchase programme," Journal of Financial Stability, Elsevier, volume 26, issue C, pages 257-265, DOI: 10.1016/j.jfs.2016.07.009.
• Rubio, Margarita & Carrasco-Gallego, José A., 2016, "The new financial regulation in Basel III and monetary policy: A macroprudential approach," Journal of Financial Stability, Elsevier, volume 26, issue C, pages 294-305, DOI: 10.1016/j.jfs.2016.07.012.
• Lombardi, Domenico & Siklos, Pierre L., 2016, "Benchmarking macroprudential policies: An initial assessment," Journal of Financial Stability, Elsevier, volume 27, issue C, pages 35-49, DOI: 10.1016/j.jfs.2016.08.007.
• Favaretto, Federico & Masciandaro, Donato, 2016, "Doves, hawks and pigeons: Behavioral monetary policy and interest rate inertia," Journal of Financial Stability, Elsevier, volume 27, issue C, pages 50-58, DOI: 10.1016/j.jfs.2016.09.002.
• Hansen, Stephen & McMahon, Michael, 2016, "Shocking language: Understanding the macroeconomic effects of central bank communication," Journal of International Economics, Elsevier, volume 99, issue S1, pages 114-133, DOI: 10.1016/j.jinteco.2015.12.008.
• Wong, Kin-Ming & Chong, Terence Tai-Leung, 2016, "Does monetary policy matter for trade?," International Economics, Elsevier, volume 147, issue C, pages 107-125, DOI: 10.1016/j.inteco.2016.04.001.
• Perera, Anil & Wickramanayake, J., 2016, "Determinants of commercial bank retail interest rate adjustments: Evidence from a panel data model," Journal of International Financial Markets, Institutions and Money, Elsevier, volume 45, issue C, pages 1-20, DOI: 10.1016/j.intfin.2016.05.006.
• Ericsson, Neil R., 2016, "Eliciting GDP forecasts from the FOMC’s minutes around the financial crisis," International Journal of Forecasting, Elsevier, volume 32, issue 2, pages 571-583, DOI: 10.1016/j.ijforecast.2015.09.007.
• Ouyang, Alice Y. & Rajan, Ramkishen S. & Li, Jie, 2016, "Exchange rate regimes and real exchange rate volatility: Does inflation targeting help or hurt?," Japan and the World Economy, Elsevier, volume 39, issue C, pages 62-72, DOI: 10.1016/j.japwor.2016.07.002.
• Stephen Hansen & Michael McMahon, 2016, "Shocking Language: Understanding the Macroeconomic Effects of Central Bank Communication," NBER Chapters, National Bureau of Economic Research, Inc, "NBER International Seminar on Macroeconomics 2015".
• Olivier Blanchard & Christopher J. Erceg & Jesper Lindé, 2016, "Jump-Starting the Euro Area Recovery: Would a Rise in Core Fiscal Spending Help the Periphery?," NBER Chapters, National Bureau of Economic Research, Inc, "NBER Macroeconomics Annual 2016, Volume 31".
• Luis Felipe Céspedes & Roberto Chang & Andrés Velasco, 2016, "Financial Intermediation, Real Exchange Rates, and Unconventional Policies in an Open Economy," NBER Chapters, National Bureau of Economic Research, Inc, "NBER International Seminar on Macroeconomics 2016".
• Narayana Kocherlakota, 2016, "Fragility of Purely Real Macroeconomic Models," NBER Working Papers, National Bureau of Economic Research, Inc, number 21866, Jan.
• Eric M. Leeper & Campbell Leith, 2016, "Understanding Inflation as a Joint Monetary-Fiscal Phenomenon," NBER Working Papers, National Bureau of Economic Research, Inc, number 21867, Jan.
• Lars E.O. Svensson, 2016, "Cost-Benefit Analysis of Leaning Against the Wind," NBER Working Papers, National Bureau of Economic Research, Inc, number 21902, Jan.
• Takatoshi Ito, 2016, "Japanization: Is it Endemic or Epidemic?," NBER Working Papers, National Bureau of Economic Research, Inc, number 21954, Feb.
• Roberto Chang & Andrés Velasco, 2016, "Financial Frictions and Unconventional Monetary Policy in Emerging Economies," NBER Working Papers, National Bureau of Economic Research, Inc, number 21955, Feb.
• Markus K. Brunnermeier & Luis Garicano & Philip Lane & Marco Pagano & Ricardo Reis & Tano Santos & David Thesmar & Stijn Van Nieuwerburgh & Dimitri Vayanos, 2016, "The Sovereign-Bank Diabolic Loop and ESBies," NBER Working Papers, National Bureau of Economic Research, Inc, number 21993, Feb.
• Narayana R. Kocherlakota, 2016, "Sluggish Inflation Expectations: A Markov Chain Analysis," NBER Working Papers, National Bureau of Economic Research, Inc, number 22009, Feb.
• Gary Gorton & Ellis W. Tallman, 2016, "How Did Pre-Fed Banking Panics End?," NBER Working Papers, National Bureau of Economic Research, Inc, number 22036, Feb.
• Gary Gorton & Ellis W. Tallman, 2016, "Too-Big-To-Fail Before the Fed," NBER Working Papers, National Bureau of Economic Research, Inc, number 22064, Mar.
• Alberto Cavallo & Guillermo Cruces & Ricardo Perez-Truglia, 2016, "Learning from Potentially-Biased Statistics: Household Inflation Perceptions and Expectations in Argentina," NBER Working Papers, National Bureau of Economic Research, Inc, number 22103, Mar.
• Itamar Drechsler & Alexi Savov & Philipp Schnabl, 2016, "The Deposits Channel of Monetary Policy," NBER Working Papers, National Bureau of Economic Research, Inc, number 22152, Apr.
• Max Raskin & David Yermack, 2016, "Digital Currencies, Decentralized Ledgers, and the Future of Central Banking," NBER Working Papers, National Bureau of Economic Research, Inc, number 22238, May.
• Gauti B. Eggertsson & Kevin Proulx, 2016, "Bernanke's No-arbitrage Argument Revisited: Can Open Market Operations in Real Assets Eliminate the Liquidity Trap?," NBER Working Papers, National Bureau of Economic Research, Inc, number 22243, May.
• Marco Del Negro & Gauti Eggertsson & Andrea Ferrero & Nobuhiro Kiyotaki, 2016, "The Great Escape? A Quantitative Evaluation of the Fed’s Liquidity Facilities," NBER Working Papers, National Bureau of Economic Research, Inc, number 22259, May.
• Ambrogio Cesa-Bianchi & Alessandro Rebucci, 2016, "Does Easing Monetary Policy Increase Financial Instability?," NBER Working Papers, National Bureau of Economic Research, Inc, number 22283, May.
• Laurence Ball, 2016, "The Fed and Lehman Brothers: Introduction and Summary," NBER Working Papers, National Bureau of Economic Research, Inc, number 22410, Jul.
• Ricardo Reis, 2016, "QE in the future: the central bank’s balance sheet in a fiscal crisis," NBER Working Papers, National Bureau of Economic Research, Inc, number 22415, Jul.
• Craig Benedict & Mario J. Crucini & Anthony Landry, 2016, "On What States Do Prices Depend? Answers From Ecuador," NBER Working Papers, National Bureau of Economic Research, Inc, number 22506, Aug.
• Markus K. Brunnermeier & Yuliy Sannikov, 2016, "The I Theory of Money," NBER Working Papers, National Bureau of Economic Research, Inc, number 22533, Aug.
• Julien Bengui & Javier Bianchi & Louphou Coulibaly, 2016, "Financial Safety Nets," NBER Working Papers, National Bureau of Economic Research, Inc, number 22594, Sep.
• Marco Di Maggio & Amir Kermani & Christopher Palmer, 2016, "How Quantitative Easing Works: Evidence on the Refinancing Channel," NBER Working Papers, National Bureau of Economic Research, Inc, number 22638, Sep.
• Michael T. Belongia & Peter N. Ireland, 2016, "The Evolution of U.S. Monetary Policy: 2000 - 2007," NBER Working Papers, National Bureau of Economic Research, Inc, number 22693, Sep.
• Alan S. Blinder & Michael Ehrmann & Jakob de Haan & David-Jan Jansen, 2016, "Necessity as the Mother of Invention: Monetary Policy after the Crisis," NBER Working Papers, National Bureau of Economic Research, Inc, number 22735, Oct.
• Robert E. Hall & Ricardo Reis, 2016, "Achieving Price Stability by Manipulating the Central Bank’s Payment on Reserves," NBER Working Papers, National Bureau of Economic Research, Inc, number 22761, Oct.
• George-Marios Angeletos & Chen Lian, 2016, "Forward Guidance without Common Knowledge," NBER Working Papers, National Bureau of Economic Research, Inc, number 22785, Oct.
• Gary Gorton & Guillermo Ordoñez, 2016, "Fighting Crises," NBER Working Papers, National Bureau of Economic Research, Inc, number 22787, Oct.
• Andreas Neuhierl & Michael Weber, 2016, "Monetary Policy and the Stock Market: Time-Series Evidence," NBER Working Papers, National Bureau of Economic Research, Inc, number 22831, Nov.
• Jing Cynthia Wu & Ji Zhang, 2016, "A Shadow Rate New Keynesian Model," NBER Working Papers, National Bureau of Economic Research, Inc, number 22856, Nov.
• Martín Uribe, 2016, "Is The Monetarist Arithmetic Unpleasant?," NBER Working Papers, National Bureau of Economic Research, Inc, number 22866, Nov.
• Laurence Ball & Anusha Chari & Prachi Mishra, 2016, "Understanding Inflation in India," NBER Working Papers, National Bureau of Economic Research, Inc, number 22948, Dec.
• Ricardo Reis, 2016, "Can the Central Bank Alleviate Fiscal Burdens?," NBER Working Papers, National Bureau of Economic Research, Inc, number 23014, Dec.
• Miroslav Nedelchev, 2016, "New Framework Of Banking Supervision In The European Union," Entrepreneurship, Faculty of Economics, SOUTH-WEST UNIVERSITY "NEOFIT RILSKI", BLAGOEVGRAD, volume 4, issue 2, pages 287-300.
• Pavel TIPA & Raisa EVSIUKOVA, 2016, "Foreign Exchange Risk Management In The Republic Of Moldova In Conditions Of Currency Crisis," ECONOMY AND SOCIOLOGY: Theoretical and Scientifical Journal, Socionet;Complexul Editorial "INCE", issue 3, pages 88-93.
• Adriano Codato & Marco Cavalieri & Renato Perissinotto & Eric Gil Dantas, 2016, "Economic mainstream and power: a profile analysis of Central Bank directors during PSDB and PT governments in Brazil [Economic mainstream and power: a profile analysis of Central Bank directors during PSDB and PT governments in Brazil]," Nova Economia, Economics Department, Universidade Federal de Minas Gerais (Brazil), volume 26, issue 3, pages 687-720, September.
• Jagjit Chadha & Young-Kwan Kang, 2016, "Finance and Credit in a Model of Monetary Policy," National Institute of Economic and Social Research (NIESR) Discussion Papers, National Institute of Economic and Social Research, number 471, Oct.
• Jagjit Chadha, 2016, "The New Art of Central Banking," National Institute of Economic and Social Research (NIESR) Discussion Papers, National Institute of Economic and Social Research, number 472, Oct.
• Petya Biolcheva, 2016, "Status of the Risks Caused by Information Leaks from Commercial Banks in Bulgaria," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 1, pages 110-118, March.
• Petar Peshev & Ivaylo Beev, 2016, "Negative Nominal Interest Rates on Loans: The Newly-Established Normal Practice?," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 2, pages 149-158, June.
• Galia Mancheva, 2016, "Monetary Policy in Albania 2006-2015," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 4, pages 461-474, December.
• Ekaterina Sotirova, 2016, "The Efficiency in the Functioning of the BNB for the Period after 2010," Ikonomiceski i Sotsialni Alternativi, University of National and World Economy, Sofia, Bulgaria, issue 2, pages 39-46, April.
• Gergana Mihaylova-Borisova, 2016, "Risks of Falling of the Åurozone and Some EU Countries in a Deflationary Spiral," Ikonomiceski i Sotsialni Alternativi, University of National and World Economy, Sofia, Bulgaria, issue 3, pages 49-60, June.
• Silvia Trifonova & Venelina Trifonova, 2016, "The ECB’s Contemporary Unconventional Monetary Policy in the Context of the Financial Crisis," Ikonomiceski i Sotsialni Alternativi, University of National and World Economy, Sofia, Bulgaria, issue 4, pages 5-26, November.
• Petia Biolcheva, 2016, "Risk Prevention of Data Leakage by Commercial Banks," Nauchni trudove, University of National and World Economy, Sofia, Bulgaria, issue 2, pages 76-121, December.
• Cerna Silviu, 2016, "Technocracy and Economics [Tehnocraţia şi economia]," Revista OEconomica, Romanian Society for Economic Science, Revista OEconomica, issue 01-2.
• Cerna Silviu, 2016, "Technocracy and Economics [Tehnocraţia şi economia]," Revista OEconomica, Romanian Society for Economic Science, Revista OEconomica, issue 01, March.
• John Bluedorn & Haelim Park, 2016, "Stopping Contagion with Bailouts: Microevidence from Pennsylvania Bank Networks During the Panic of 1884," Working Papers, Office of Financial Research, US Department of the Treasury, number 16-03, Mar.
• Martin Feldkircher & Florian Huber & Isabella Moder, 2016, "Modeling the evolution of monetary policy rules in CESEE," Focus on European Economic Integration, Oesterreichische Nationalbank (Austrian Central Bank), issue 1, pages 8-27.
• Christian Beer & Ernest Gnan & Maria Teresa Valderrama, 2016, "A (not so brief ) history of inflation in Austria," Monetary Policy & the Economy, Oesterreichische Nationalbank (Austrian Central Bank), issue 3, pages 6-32.
• Heinz Handler, 2016, "Two centuries of currency policy in Austria," Monetary Policy & the Economy, Oesterreichische Nationalbank (Austrian Central Bank), issue 3, pages 61-76.
• Hans Kernbauer, 2016, "Cashless payments in Austria: the role of the central bank," Monetary Policy & the Economy, Oesterreichische Nationalbank (Austrian Central Bank), issue 3, pages 120-139.
• Clemens Jobst & Kilian Rieder, 2016, "Principles, circumstances and constraints: the Nationalbank as lender of last resort from 1816 to 1931," Monetary Policy & the Economy, Oesterreichische Nationalbank (Austrian Central Bank), issue 3, pages 140-162.
• Sorina Ioana Coroiu & Anca Mitu, 2016, "Cross-Border Transmission Of Unconventional Monetary Policy," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, volume 1, issue 1, pages 758-762, July.
• Ahmet Benlialper & Hasan Cömert, 2016, "Implicit asymmetric exchange rate peg under inflation targeting regimes: the case of Turkey," Cambridge Journal of Economics, Cambridge Political Economy Society, volume 40, issue 6, pages 1553-1580.
• Gerhard Illing & Thomas Siemsen, 2016, "Forward Guidance at the Zero Lower Bound in a Model of Price-Level Targeting," CESifo Economic Studies, CESifo Group, volume 62, issue 1, pages 47-67.
• Marcel Fratzscher, 2016, "Rules Versus Human Beings, and the Mandate of the ECB," CESifo Economic Studies, CESifo Group, volume 62, issue 1, pages 68-87.
• Ian R. Gordon, 2016, "Quantitative easing of an international financial centre: how central London came so well out of the post-2007 crisis," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, volume 9, issue 2, pages 335-353.
• Giancarlo Corsetti & Luca Dedola, 2016, "The Mystery of the Printing Press: Monetary Policy and Self-Fulfilling Debt Crises," Journal of the European Economic Association, European Economic Association, volume 14, issue 6, pages 1329-1371.
• Stephen Hansen & Michael McMahon, 2016, "First Impressions Matter: Signalling as a Source of Policy Dynamics," The Review of Economic Studies, Review of Economic Studies Ltd, volume 83, issue 4, pages 1645-1672.
• Franco Fiordelisi & Ornella Ricci, 2016, "“Whatever it takes”: An Empirical Assessment of the Value of Policy Actions in Banking," Review of Finance, European Finance Association, volume 20, issue 6, pages 2321-2347.
• Loriano Mancini & Angelo Ranaldo & Jan Wrampelmeyer, 2016, "The Euro Interbank Repo Market," The Review of Financial Studies, Society for Financial Studies, volume 29, issue 7, pages 1747-1779.
• Ioana Ple?cãu & Vasile Cocri?, 2016, "Unconventional Monetary Policy and Bank Risk Taking in Euro Area," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, volume 0, issue 1, pages 600-605, July.
• James Forder, 2016, "What was the message of Friedman," Economics Series Working Papers, University of Oxford, Department of Economics, number 814, Dec.
• John Muellbauer, 2016, "Macroeconomics and Consumption," Economics Series Working Papers, University of Oxford, Department of Economics, number Paper-811, Nov.
• Ginafranco Tusset, 2016, "Who are the forerunners, economists or central bankers?," "Marco Fanno" Working Papers, Dipartimento di Scienze Economiche "Marco Fanno", number 0207, Sep.
• Marie Brière & Valérie Mignon & Kim Oosterlinck & Ariane Szafarz, 2016, "Towards greater diversification in central bank reserves," Journal of Asset Management, Palgrave Macmillan, volume 17, issue 4, pages 295-312, July, DOI: 10.1057/jam.2016.14.
• Aurélien Leroy & Yannick Lucotte, 2016, "Structural and Cyclical Determinants of Bank Interest-Rate Pass-Through in the Eurozone," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, volume 58, issue 2, pages 196-225, June.
• Lorenza Rossi, 2016, "Productivity Shocks and Uncertainty Shocks in a Model with Endogenous Firms Exit and Inefficient Banks," DEM Working Papers Series, University of Pavia, Department of Economics and Management, number 128, Oct.
• Oscar Dancourt & Waldo Mendoza, 2016, "Intervención Cambiaria Y Política Monetaria En El Perú," Documentos de Trabajo / Working Papers, Departamento de Economía - Pontificia Universidad Católica del Perú, number 2016-422.
• Oscar Dancourt, 2016, "Las vacas flacas en la economia peruana," Documentos de Trabajo / Working Papers, Departamento de Economía - Pontificia Universidad Católica del Perú, number 2016-428.
• Ilona Pietryka, 2016, "Plynnosc sektora bankowego a skutecznosc polityki pienieznej Narodowego Banku Polskiego na tle Eurosystemu," Books, Institute of Economic Research, number 15, edition 1, ISBN: ARRAY(0x941d8368), DOI: 10.24136/eep.mon.2016.1.
• Milka Kazandziska, 2016, "Macroeconomic Policy Regime In Poland," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, volume 11, issue 3, pages 411-436, September, DOI: 10.12775/EQUIL.2016.019.
• Dominika Brozda, 2016, "Transmission Mechanism Of The Federal Reserve System’S Monetary Policy In The Conditions Of Zero Bound On Nominal Interest Rates," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, volume 11, issue 4, pages 751-767, December, DOI: 10.12775/EQUIL.2016.034.
• Jakub Janus, 2016, "The Transmission Mechanism Of Unconventional Monetary Policy," Oeconomia Copernicana, Institute of Economic Research, volume 7, issue 1, pages 7-21, March, DOI: 10.12775/OeC.2016.001.
• Katarzyna Glinka, 2016, "Adaptations Within The Financial Market In China After Global Financial Crisis," Oeconomia Copernicana, Institute of Economic Research, volume 7, issue 4, pages 565-591, December, DOI: 10.12775/OeC.2016.032.
• Mariusz Kapuscinski & Dorota Scibisz, 2016, "Quantitative easing, negative interest rates and money creation. What central banks can and cannot do?," Working Papers, Institute of Economic Research, number 26/2016, May, revised May 2016.
• Oana Maria Stepan & Dumitru Beldiman, 2016, "European Funds: Their Impact on Romania’s Financial Stability," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, volume 16, issue 1, pages 265-274.
• Pesuth, Tamás, 2016, "Redefining the Role of Central Banks," Public Finance Quarterly, Corvinus University of Budapest, volume 61, issue 1, pages 34-48.
• Nagy, László, 2016, "From Independent Slovakian Central Bank Policy to the Monetary Policy of the Euro Area," Public Finance Quarterly, Corvinus University of Budapest, volume 61, issue 1, pages 49-64.
• Hlédik, Tibor & Holub, Tomás & Král, Petr, 2016, "The Czech National Bank’s Role Since the Global Crisis," Public Finance Quarterly, Corvinus University of Budapest, volume 61, issue 1, pages 65-93.
• Kolozsi, Pál Péter & Hoffmann, Mihály, 2016, "Reduction of External Vulnerability with Monetary Policy Tools – Renewal of the monetary policy instruments of the National Bank of Hungary (2014–2016)," Public Finance Quarterly, Corvinus University of Budapest, volume 61, issue 1, pages 7-33.
• Huszti, Ernő, 2016, "70 Years of the Hungarian Forint," Public Finance Quarterly, Corvinus University of Budapest, volume 61, issue 4, pages 431-441.
• Botos, Katalin, 2016, "Money Creation in the Modern Economy," Public Finance Quarterly, Corvinus University of Budapest, volume 61, issue 4, pages 442-457.
• Muhammad Arshad Khan & Ather Maqsood Ahmed, 2016, "Conducting Monetary Policy in South Asian Economies: An Investigation," The Pakistan Development Review, Pakistan Institute of Development Economics, volume 55, issue 3, pages 161-190.
• Ulas Sener, 2016, "Die relative Autonomie der Zentralbank: Eine politökonomische Analyse der türkischen Geldpolitik nach 2001," Potsdam Economic Studies, Universität Potsdam, Wirtschafts- und Sozialwissenschaftliche Fakultät, number 05, Jun.
• Salmanov, Oleg & Zaernjuk, Victor & Lopatina, Olga & Drachena, Irina & Vikulina, Evgeniya, 2016, "Investigating the Impact of Monetary Policy using the Vector Autoregression Method," MPRA Paper, University Library of Munich, Germany, number 112280, Jun, revised 01 Jun 2016.
• BLINOV, Sergey, 2016, "Три Варианта Экономической Политики Для России
  [Three Options of Economic Policy for Russia]," MPRA Paper, University Library of Munich, Germany, number 68836, Jan.
• De Koning, Kees, 2016, "Collective Household Economics: Why borrowers rather than banks should have been rescued!," MPRA Paper, University Library of Munich, Germany, number 68990, Jan.
• Whittaker, John, 2016, "Eurosystem debts do matter," MPRA Paper, University Library of Munich, Germany, number 69235, Feb.
• BLINOV, Sergey, 2016, "Отрицательные Последствия Плавной Девальвации Валюты
  [Negative Consequences of Smooth Devaluation]," MPRA Paper, University Library of Munich, Germany, number 69265, Feb.
• BLINOV, Sergey, 2016, "О Некоторых Успехах Цб России В 2015 Году
  [On Some Successes Scored by the Russian Central Bank in 2015]," MPRA Paper, University Library of Munich, Germany, number 69521, Feb.
• Ledenyov, Dimitri O. & Ledenyov, Viktor O., 2016, "Precise measurement of macroeconomic variables in time domain using three dimensional wave diagrams," MPRA Paper, University Library of Munich, Germany, number 69576, Feb.
• Benchimol, Jonathan, 2016, "Money and monetary policy in Israel during the last decade," MPRA Paper, University Library of Munich, Germany, number 69587, Feb.
• Jung, Kuk Mo, 2016, "Uncertainty-Induced Dynamic Inefficiency and the Optimal Inflation Rate," MPRA Paper, University Library of Munich, Germany, number 69715, Feb.
• baaziz, yosra, 2016, "Les règles de Taylor à l’épreuve de la révolution : cas de l’Égypte
  [The Taylor rule to the test of the revolution: the case of Egypt]," MPRA Paper, University Library of Munich, Germany, number 69779, Feb.
• Musgrave, Ralph S., 2016, "Taxpayers Subsidise Private Money Creation," MPRA Paper, University Library of Munich, Germany, number 70162, Mar.
• De Koning, Kees, 2016, "Are countries prepared for the next recession?," MPRA Paper, University Library of Munich, Germany, number 70209, Mar.
• BLINOV, Sergey, 2016, "Negative Consequences of Smooth Devaluation," MPRA Paper, University Library of Munich, Germany, number 70292, Mar.
• Giri, Federico & Riccetti, Luca & Russo, Alberto & Gallegati, Mauro, 2016, "Monetary Policy and Large Crises in a Financial Accelerator Agent-Based Model," MPRA Paper, University Library of Munich, Germany, number 70371, Mar.
• Basutkar, Tirupati, 2016, "Money Demand in India," MPRA Paper, University Library of Munich, Germany, number 70495, Apr.
• BLINOV, Sergey, 2016, "How to stabilize the currency exchange rate," MPRA Paper, University Library of Munich, Germany, number 70650, Apr.
• Avci, S. Burcu & Yucel, Eray, 2016, "Effectiveness of Monetary Policy: Evidence from Turkey," MPRA Paper, University Library of Munich, Germany, number 70848, Apr.
• Cole, Stephen, 2016, "The limits of central bank forward guidance under learning," MPRA Paper, University Library of Munich, Germany, number 70862, Mar.
• Ojo, Marianne, 2016, "Basel III and responding to the recent Financial Crisis: progress made by the Basel Committee in relation to the need for increased bank capital and increased quality of loss absorbing capital," MPRA Paper, University Library of Munich, Germany, number 70887, Apr, revised Apr 2016.
• Bulut, Mustafa & Karasoy, Hatice Gökçe, 2016, "Para Politikası Belirsizliği Altında Aktarım Mekanizması: Türkiye Örneği
  [Transmission Mechanism Under Monetary Policy Uncertainty: The Case of Turkey]," MPRA Paper, University Library of Munich, Germany, number 71215, May.
• Ghate, Chetan & Gupta, Sargam & Mallick, Debdulal, 2016, "Terms of Trade Shocks and Monetary Policy in India," MPRA Paper, University Library of Munich, Germany, number 71227, May.
• Harashima, Taiji, 2016, "A Theory of Deflation: Can Expectations Be Influenced by a Central Bank?," MPRA Paper, University Library of Munich, Germany, number 71276, May.
• Aytug, Huseyin, 2016, "Does the Reserve Options Mechanism really decrease exchange rate volatility? The Synthetic Control Method Approach," MPRA Paper, University Library of Munich, Germany, number 71400, Jan.