Report NEP-CBA-2026-02-02

This is the archive for NEP-CBA, a report on new working papers in the area of Central Banking. Sergey Pekarski issued this report. It is usually issued weekly.

Subscribe to this report: email, RSS, or Mastodon, or Bluesky.

Other reports in NEP-CBA

The following items were announced in this report:

• Alexandra Glazova & Maxim Nevalennyi & Andrey Sinyakov, 2025, "An Educational Model of a Small Open Economy for Monetary Policy Analysis (with examples from Bank of Russia’s practice)," Bank of Russia Working Paper Series, Bank of Russia, number wps154, Aug.
• Carlos Cañizares Martínez & Adriana Lojschová & Alicia Aguilar, 2026, "Non-linear effects of monetary policy shocks on housing: Evidence from a CESEE country," Working Papers, Banco de España, number 2602, Jan, DOI: https://doi.org/10.53479/42325.
• Dalziel, Paul, , "A Finance Theory of Monetary Policy in a World Without Money," Department of Economics Discussion Papers, University of Canterbury - New Zealand, number 263800, DOI: 10.22004/ag.econ.263800.
• Sergey Ivashchenko & Andrey Sinyakov, 2025, "Heterogeneous Inflation Expectations Across Economic Agents: Implications for Monetary Policy," Bank of Russia Working Paper Series, Bank of Russia, number wps152, Jul.
• Romain Baeriswyl & Kene Boun My & Camille Cornand, 2026, "Central Bank Digital Currency and Gresham's law: An experimental analysis," Working Papers, Swiss National Bank, number 2026-03.
• Fernando Avalos & Boris Hofmann & José María Serena Garralda, 2026, "Monetary policy and private equity acquisitions: tracing the links," BIS Working Papers, Bank for International Settlements, number 1326, Jan.
• Martin Hodula & Simona Malovana, 2025, "When Foreign Rates Matter More: Domestic Investor Responses in a Small Open Economy," Working Papers, Czech National Bank, Research and Statistics Department, number 2025/11, Aug.
• Fernando Ávalos & Boris Hofmann & Jose M. Serena, 2026, "Monetary policy and private equity acquisitions: tracing the links," Working Papers, Banco de España, number 2605, Jan, DOI: https://doi.org/10.53479/42385.
• Martin Hodula & Simona Malovana & Lukas Pfeifer, , "Chasing Lower Rates: How Households Balance Refinancing Incentives and Debt Constraints," Working Papers, Czech National Bank, Research and Statistics Department, number 2026/02.
• Gabriela Araujo & David Rivero Leiva & Hugo Rodríguez Mendizábal, 2026, "Endogenous Bank Risks and the Lending Channel of Monetary Policy," Working Papers, Barcelona School of Economics, number 1549, Jan.
• Sergey Ivashchenko, 2025, "Do We Need Тaylor-type Rules in DSGE?," Bank of Russia Working Paper Series, Bank of Russia, number wps144, Jan.
• Vadim Grishchenko & Maria Lymar & Andrei Sinyakov, 2025, "What information is important for households’ inflation expectations: evidence from a randomized controlled trial," Bank of Russia Working Paper Series, Bank of Russia, number wps148, Apr.
• K. Azim Ozdemir, 2026, "Firms’ Behavioral Psychology: From Perception to Actions," Working Papers, Research and Monetary Policy Department, Central Bank of the Republic of Turkey, number 2603.
• Steele, David & Wright, Julian, , "The Forward Premium Bias Under Different Monetary Policy Environments," Department of Economics Discussion Papers, University of Canterbury - New Zealand, number 263781, DOI: 10.22004/ag.econ.263781.
• Guender, Alfred V. & Tam, Julie, , "On the Performance of Nominal Income Targeting as a Strategy for Monetary Policy in a Small Open Economy," Department of Economics Discussion Papers, University of Canterbury - New Zealand, number 263799, DOI: 10.22004/ag.econ.263799.
• Guender, Alfred V., , "Is There a Bank Lending Channel of Monetary Policy in New Zealand?," Department of Economics Discussion Papers, University of Canterbury - New Zealand, number 263783, DOI: 10.22004/ag.econ.263783.
• Joe Cannataci & Benjamin Fehrensen & Mikolai Gutschow & Ozgur Kesim & Bernd Lucke, 2026, "Digital Euro: Frequently Asked Questions Revisited," Papers, arXiv.org, number 2601.18644, Jan.
• María Alejandra Amado, 2026, "Macroprudential FX Regulations and Small Firms: Unintended Consequences for Credit Growth," Working Papers, Banco de España, number 2604, Jan, DOI: https://doi.org/10.53479/42365.
• Danila Ovechkin, 2025, "Decomposition of the consumer price index into cyclical and acyclical components," Bank of Russia Working Paper Series, Bank of Russia, number wps149, Apr.
• Wright, Julian, , "Credit Frictions, Debt Choice and the Transmission of Monetary Policy," Department of Economics Discussion Papers, University of Canterbury - New Zealand, number 263780, DOI: 10.22004/ag.econ.263780.
• Sinem Hacioglu Hoke & Daniel A. Ostry & Hélène Rey & Adrien Rousset Planat & Vania Stavrakeva & Jenny Tang, 2026, "Topography of the FX Derivatives Market: A View from London," NBER Working Papers, National Bureau of Economic Research, Inc, number 34588, Jan.
• Blejer, Mario I. & Leiderman, Leonardo, , "A Monetary Approach to the Crawling-Peg System: Theory and Evidence," Center for Latin American Development Studies Discussion Papers, Boston University, number 262900, DOI: 10.22004/ag.econ.262900.
• Cardoso, Eliana A., , "Indexation, Monetary Accommodation and Inflation in Brazil," Center for Latin American Development Studies Discussion Papers, Boston University, number 263623, DOI: 10.22004/ag.econ.263623.