Report NEP-MON-2021-05-24

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.

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

Other reports in NEP-MON

The following items were announced in this report:

• Niepelt, Dirk, 2020, "Monetary Policy with Reserves and CBDC: Optimality, Equivalence, and Politics," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15457, Nov.
• Ashima Goyal & Prashant Parab, 2021, "Effectiveness of expectations channel of monetary policy transmission: Evidence from India," Indira Gandhi Institute of Development Research, Mumbai Working Papers, Indira Gandhi Institute of Development Research, Mumbai, India, number 2021-011, Apr.
• Forbes, Kristin & Hjortsø, Ida & Nenova, Tsvetelina, 2020, "International Evidence on Shock-Dependent Exchange Rate Pass-Through," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15242, Sep.
• Gürkaynak, Refet & Kara, A. Hakan & KısacıkoÄŸlu, Burçin & Lee, Sang Seok, 2020, "Monetary Policy Surprises and Exchange Rate Behavior," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15289, Sep.
• Cecchetti, Stephen & Feroli, Michael & Kashyap, Anil & Mann, Catherine L. & Schoenholtz, Kermit L., 2020, "Monetary Policy in the Next Recession?," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15365, Oct.
• Gersbach, Hans & Böser, Florian, 2020, "Monetary Policy with a Central Bank Digital Currency: The Short and the Long Term," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15322, Sep.
• Markus Brunnermeier & Harold James & Jean-Pierre Landau, 2021, "The digitalization of money," BIS Working Papers, Bank for International Settlements, number 941, May.
• Wieland, Volker & Feld, Lars, 2020, "The German Federal Constitutional Court Ruling and the European Central Bank's Strategy," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15320, Sep.
• Matteo Maggiori, 2021, "FX policy when financial markets are imperfect," BIS Working Papers, Bank for International Settlements, number 942, May.
• Monnet, Eric & Puy, Damien, 2020, "Do Old Habits Die Hard? Central Banks and the Bretton Woods Gold Puzzle," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15286, Sep.
• Mehl, Arnaud & Stracca, Livio & Ferrari, Massimo Minesso, 2020, "Central bank digital currency in an open economy," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15335, Oct.
• Fumitaka Nakamura & Nao Sudo & Yu Sugisaki, 2021, "A Quest for Monetary Policy Shocks in Japan by High Frequency Identification," IMES Discussion Paper Series, Institute for Monetary and Economic Studies, Bank of Japan, number 21-E-02, Apr.
• Auer, Raphael & Frost, Jon & Cornelli, Giulio, 2020, "Rise of the central bank digital currencies: drivers, approaches and technologies," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15363, Oct.
• Lucrezia Reichlin & Giovanni Ricco & Matthieu Tarbé, 2021, "Monetary-Fiscal Crosswinds in the European Monetary Union," BIS Working Papers, Bank for International Settlements, number 940, May.
• Auer, Raphael & Lein, Sarah & Burstein, Ariel Tomas, 2020, "Exchange Rates and Prices: Evidence from the 2015 Swiss Franc Appreciation," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15397, Oct.
• Dell'Ariccia, Giovanni & Agur, Itai & Ari, Anil, 2020, "Designing Central Bank Digital Currencies," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15366, Oct.
• Itskhoki, Oleg & Amiti, Mary & Konings, Jozef, 2020, "Dominant Currencies: How firms choose currency invoicing and why it matters," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15339, Oct.
• Kaufmann, Christoph, 2021, "Investment funds, monetary policy, and the global financial cycle," ESRB Working Paper Series, European Systemic Risk Board, number 119, May.
• Ran Spiegler, 2021, "A Simple Model of Monetary Policy under Phillips-Curve Causal Disagreements," Papers, arXiv.org, number 2105.08988, May.
• Kempf, Elisabeth & Fabo, Brian & Jancokova, Martina & Pástor, LuboÅ¡, 2020, "Fifty Shades of QE: Comparing Findings of Central Bankers and Academics," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15449, Nov.
• Jeanne, Olivier & Sandri, Damiano, 2020, "Global Financial Cycle and Liquidity Management," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15328, Sep.
• Item repec:rza:wpaper:834 is not listed on IDEAS anymore

• Plessen-Mátyás, Katharina & Kaufmann, Christoph & von Landesberger, Julian, 2021, "Funding behaviour of debt management offices and the ECB’s public sector purchase programme," Working Paper Series, European Central Bank, number 2552, May.
• Eric Dehay & Nathalie Levy, 2020, "A short history of transparency and central banks in the academic literature," Post-Print, HAL, number hal-03223916, Jan.
• Peydró, José-Luis & Gonzalez, Rodrigo & Blanco Barroso, João Barata R. & van Doornik, Bernardus, 2020, "Countercyclical Liquidity Policy and Credit Cycles: Evidence from Macroprudential and Monetary Policy in Brazil," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15274, Sep.
• Repullo, Rafael, 2020, "The Reversal Interest Rate: A Critical Review," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15367, Oct.
• Eichengreen, Barry & Naef, Alain, 2020, "Imported or Home Grown? The 1992-3 EMS Crisis," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15340, Oct.
• Schmidt, Sebastian & Nakata, Taisuke, 2020, "Expectations-driven liquidity traps: Implications for monetary and fiscal policy," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15422, Nov.
• Bacchetta, Philippe & Chikhani, Pauline, 2020, "On the Weakness of the Swedish Krona," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15468, Nov.
• Peydró, José-Luis & Fendoglu, Salih & Gulsen, Eda, 2020, "Global Liquidity and Impairment of Local Monetary Policy," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15273, Sep.
• Nidhi Aggarwal & Sanchit Arora & Rajeswari Sengupta, 2021, "Capital account liberalisation in a large emerging economy: An Analysis of onshore-offshore arbitrage," Indira Gandhi Institute of Development Research, Mumbai Working Papers, Indira Gandhi Institute of Development Research, Mumbai, India, number 2021-013, Apr.
• Hale, Galina & di Giovanni, Julian, 2020, "Stock Market Spillovers via the Global Production Network: Transmission of U.S. Monetary Policy," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15404, Oct.
• Crowley, Meredith A. & Han, Lu & Son, Minkyu, 2020, "Dominant currency dynamics: Evidence on dollar-invoicing from UK exporters," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15493, Nov.
• Dario Bonciani & Joonseok Oh, 2021, "Unemployment risk, liquidity traps and monetary policy," Bank of England working papers, Bank of England, number 920, May.
• Item repec:rza:wpaper:849 is not listed on IDEAS anymore

• Eller, Markus & Hauzenberger, Niko & Huber, Florian & Schuberth, Helene & Vashold, Lukas, 2021, "The impact of macroprudential policies on capital flows in CESEE," ESRB Working Paper Series, European Systemic Risk Board, number 118, May.
• Item repec:rza:wpaper:841 is not listed on IDEAS anymore

• Javier Bianchi & César Sosa Padilla, 2020, "Reserve Accumulation, Macroeconomic Stabilization, and Sovereign Risk," Working Papers, Red Nacional de Investigadores en Economía (RedNIE), number 33, Dec.
• Schoenle, Raphael & Gorodnichenko, Yuriy & Knotek, Edward, 2020, "Average Inflation Targeting and Household Expectations," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15307, Sep.
• Federico Sturzenegger, 2020, "How should Central Banks accumulate reserves?," Working Papers, Red Nacional de Investigadores en Economía (RedNIE), number 7, May.
• Shigenori Shiratsuka, 2021, "Central Bank Digital Currency and Financial System," Keio-IES Discussion Paper Series, Institute for Economics Studies, Keio University, number 2021-010, May.
• Palma, Nuno & Bonfatti, Roberto & Brzezinski, Adam & Karaman, Kivanc, 2020, "Monetary Capacity," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15299, Sep.
• Jean-Louis Combes & Pierre Lesuisse, 2021, "Inflation and Unemployment, new insights during the EMU accession," Working Papers, HAL, number hal-03216478, Jun.
• Taylor, Mark & Xu, Qi & Kozhan, Roman, 2020, "Prospect Theory and Currency Returns: Empirical Evidence," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15306, Sep.
• Martín Tobal & Renato Yslas, 2021, "A historical perspective on prudential regulation, currency mismatches and exchange rates in Latin America and the Caribbean," Working Papers, Red Nacional de Investigadores en Economía (RedNIE), number 70, May.
• Monnet, Eric & Velde, François R., 2020, "Money, Banking, and Old-School Historical Economics," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15348, Oct.
• Bertrand Candelon & Angelo Luisi & Francesco Roccazzella, 2021, "Fragmentation in the European Monetary Union: Is it really over?," GRU Working Paper Series, City University of Hong Kong, Department of Economics and Finance, Global Research Unit, number GRU_2021_016, May.
• Hassan, Tarek & Zhang, Tony, 2020, "The Economics of Currency Risk," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15313, Sep.
• Comin, Diego & Johnson, Robert, 2020, "Offshoring and Inflation," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15387, Oct.
• Sauré, Philip & Herkenhoff, Philipp, 2020, "How Expected Inflation Distorts the Current Account and the Valuation Effect," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15469, Nov.
• Asongu, Simplice A & Odhiambo, Nicholas M, 2021, "Mobile technology supply factors and mobile money innovation: Thresholds for complementary policies," Working Papers, University of South Africa, Department of Economics, number 27333, May.
• Fukker, Gábor & Kok, Christoffer, 2021, "On the optimal control of interbank contagion in the euro area banking system," Working Paper Series, European Central Bank, number 2554, May.
• Vedolin, Andrea & Korsaye, Sofonias Alemu & Trojani, Fabio, 2020, "The Global Factor Structure of Exchange Rates," CEPR Discussion Papers, C.E.P.R. Discussion Papers, number 15337, Oct.

Report NEP-MON-2021-05-24

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.

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

Other reports in NEP-MON

The following items were announced in this report: