Report NEP-MON-2018-12-24

This is the archive for NEP-MON, a report on new working papers in the area of Monetary Economics. Bernd Hayo issued this report. It is usually issued weekly.

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Other reports in NEP-MON

The following items were announced in this report:

• Zsolt Darvas, 2018, "Forecast errors and monetary policy normalisation in the euro area," Bruegel Policy Contributions, Bruegel, number 28816, Dec.
• Thomas J. Carter & Rhys R. Mendes & Lawrence L. Schembri, 2018, "Credibility, Flexibility and Renewal: The Evolution of Inflation Targeting in Canada," Discussion Papers, Bank of Canada, number 18-18, DOI: 10.34989/sdp-2018-18.
• Philippe Bacchetta & Yannick Kalantzis, 2018, "Money and Capital in a Persistent Liquidity Trap," Working papers, Banque de France, number 703.
• Charles M. Kahn & Francisco Rivadeneyra & Tsz-Nga Wong, 2018, "Should the Central Bank Issue E-money?," Staff Working Papers, Bank of Canada, number 18-58, DOI: 10.34989/swp-2018-58.
• Jeffrey R. Campbell & Jacob P. Weber, 2018, "Discretion Rather than Rules: Equilibrium Uniqueness and Forward Guidance with Inconsistent Optimal Plans," Working Paper Series, Federal Reserve Bank of Chicago, number WP-2018-14, Sep, DOI: 10.21033/wp-2018-14.
• Elizabeth Kasekende & Eftychia Nikolaidou, 2018, "Mobile Money and Money Demand in Kenya," School of Economics Macroeconomic Discussion Paper Series, School of Economics, University of Cape Town, number 2018-11.
• Dominika Kolcunova & Tomas Havranek, 2018, "Estimating the Effective Lower Bound on the Czech National Bank's Policy Rate," Working Papers, Czech National Bank, Research and Statistics Department, number 2018/9, Sep.
• Fiorella De Fiore & Marie Hoerova & Ciaran Rogers & Harald Uhlig, 2018, "Money Markets, Collateral and Monetary Policy," NBER Working Papers, National Bureau of Economic Research, Inc, number 25319, Nov.
• William Chen & Gregory Phelan, 2018, "Dynamic Consequences of Monetary Policy for Financial Stability," Department of Economics Working Papers, Department of Economics, Williams College, number 2018-06, Oct.
• Timothy S. Hills & Taisuke Nakata & Takeki Sunakawa, 2018, "A Promised Value Approach to Optimal Monetary Policy," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2018-083, Dec, DOI: 10.17016/FEDS.2018.083.
• Item repec:dnb:dnbwpp:616 is not listed on IDEAS anymore

• Ernesto Pasten & Raphael S. Schoenle & Michael Weber & Michael Weber, 2018, "The Propagation of Monetary Policy Shocks in a Heterogeneous Production Economy," CESifo Working Paper Series, CESifo, number 7376.
• Stefan Homburg, 2018, "Speculative Eurozone Attacks and Departure Strategies," CESifo Working Paper Series, CESifo, number 7343.
• Florian Urbschat, 2018, "The Good, the Bad, and the Ugly: Impact of Negative Interest Rates and QE on the Profitability and Risk-Taking of 1600 German Banks," CESifo Working Paper Series, CESifo, number 7358.
• Nogues-Marco, Pilar, 2018, "Money Markets and Exchange Rates in Pre-Industrial Europe," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 13372, Dec.
• Caccavaio, Marianna & Carpinelli, Luisa & Marinelli, Giuseppe & Schmidt, Julia, 2018, "International spillovers of monetary policy: evidence from France and Italy," Working Paper Series, European Central Bank, number 2216, Dec.
• Benjamin Nelson & Gabor Pinter, 2018, "Macroprudential capital regulation in general equilibrium," Bank of England working papers, Bank of England, number 770, Dec.
• John W. Keating & Andrew Lee Smith, 2018, "The Optimal Monetary Instrument and the (Mis)Use of Causality Tests," Research Working Paper, Federal Reserve Bank of Kansas City, number RWP 18-11, Nov, DOI: 10.18651/RWP2018-11.
• van Wijnbergen, Sweder & Olijslagers, Stan & Petersen, Annelie & de Vette, Nander, 2018, "What Option Prices tell us about the ECB's Unconventional Monetary Policies," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 13371, Dec.
• Winfried Koeniger & Marc-Antoine Ramelet, 2018, "Home Ownership and Monetary Policy Transmission," CESifo Working Paper Series, CESifo, number 7361.
• Petre Caraiani & Rangan Gupta, 2018, "Is the Response of the Bank of England to Exchange Rate Movements Frequency-Dependent?," Working Papers, University of Pretoria, Department of Economics, number 201883, Dec.
• Koeniger, Winfried & Ramelet, Marc-Antoine, 2018, "Home Ownership and Monetary Policy Transmission," IZA Discussion Papers, IZA Network @ LISER, number 11950, Nov.
• Roberto M. Billi & Jordi Galí, 2018, "Gains from Wage Flexibility and the Zero Lower Bound," Working Papers, Barcelona School of Economics, number 1066, Dec.
• Selwyn Cornish, 2018, "The Evolution of Inflation Targeting In Australia," CEH Discussion Papers, Centre for Economic History, Research School of Economics, Australian National University, number 11, Nov.
• Brand, Claus & Bielecki, Marcin & Penalver, Adrian, 2018, "The natural rate of interest: estimates, drivers, and challenges to monetary policy JEL Classification: E52, E43," Occasional Paper Series, European Central Bank, number 217, Dec.
• Martina Jašová & Richhild Moessner & Előd Takáts, 2018, "Domestic and Global Output Gaps as Inflation Drivers: What Does the Phillips Curve Tell?," CESifo Working Paper Series, CESifo, number 7337.
• Sterk, Vincent & Cui, Wei, 2018, "Quantitative Easing," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 13322, Nov.
• Carolina Ortega Londono & Diego Restrepo, 2018, "Transmission of Monetary Policy and Bank Heterogeneity in Colombia," Documentos de Trabajo de Valor Público, Universidad EAFIT, number 16987, Jun.
• Martina Cecioni, 2018, "Is ECB monetary policy more powerful during expansions?," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area, number 1202, Dec.
• Item repec:imf:imfwpa:18/242 is not listed on IDEAS anymore

• Cukierman, Alex, 2018, "A retrospective on the subprime crisis and its aftermath ten years after Lehman’s collapse," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 13373, Dec.
• Li, Bing & Pei, Pei & Tan, Fei, 2018, "Credit Risk and Fiscal Inflation," MPRA Paper, University Library of Munich, Germany, number 90486, Apr.
• Luca Pensieroso & Romain Restout, 2018, "The Gold Standard and the Great Depression: a Dynamic General Equilibrium Model," LIDAM Discussion Papers IRES, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES), number 2018016, Dec.
• Item repec:imf:imfwpa:18/244 is not listed on IDEAS anymore

• Luca Benzoni & Olena Chyruk & David Kelley, 2018, "Why Does the Yield-Curve Slope Predict Recessions?," Working Paper Series, Federal Reserve Bank of Chicago, number WP-2018-15, Sep, DOI: doi.org/10.21033/wp-2018-15.
• John Geanakoplos & Kieran Haobin Wang, 2018, "Quantitative Easing, Collateral Constraints, and Financial Spillovers," Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University, number 2154, Dec.
• Lepers, Etienne, 2017, "The neutrality illusion: biased economics, biased training, and biased monetary policy. Testing the role of ideology on FOMC voting behaviour," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 83172, Jun.
• Stéphane Auray & Aurélien Eyquem & Xiaofei Ma, 2018, "Banks, Sovereign Risk and Unconventional Monetary Policies," Working Papers, Groupe d'Analyse et de Théorie Economique Lyon St-Etienne (GATE Lyon St-Etienne), Université de Lyon, number 1830.