Report NEP-MON-2025-01-27

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:

• Coleman, Winnie & Nautz, Dieter, 2025, "Asymmetric inflation target credibility," Discussion Papers, Free University Berlin, School of Business & Economics, number 2025/1, DOI: 10.17169/refubium-45840.
• Mr. Philip Barrett & Brandon Joel Tan, 2025, "Immigration and Local Inflation," IMF Working Papers, International Monetary Fund, number 2025/005, Jan.
• Chen, Zhengyang, 2025, "From Money Growth to Consumer Spending: Forecasting with Divisia Monetary Aggregates," EconStor Preprints, ZBW - Leibniz Information Centre for Economics, number 308692.
• Shin-ichi Fukuda & Naoto Soma, 2025, "The Evolution of Inflation Expectations in Japan," CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo, number CIRJE-F-1238, Jan.
• Joshua Aizenman & Jamel Saadaoui, 2024, "How Institutions Interact with Exchange Rates After the 2024 US Presidential Election: New High-Frequency Evidence," NBER Working Papers, National Bureau of Economic Research, Inc, number 33193, Nov.
• Gary Richardson & David W. Wilcox, 2024, "Federal Reserve Independence and Congressional Intent: A Reappraisal of Marriner Eccles’ Role in the Reformulation of the Fed in 1935," NBER Working Papers, National Bureau of Economic Research, Inc, number 33174, Nov.
• Item repec:ces:ceswps:_11588 is not listed on IDEAS anymore

• Gauti B. Eggertsson & Finn D. Schüle, 2024, "The Forward Guidance Puzzle is not a Puzzle," NBER Working Papers, National Bureau of Economic Research, Inc, number 33180, Nov.
• Altavilla, Carlo & Rostagno, Massimo & Schumacher, Julian, 2025, "When banks hold back: credit and liquidity provision," Working Paper Series, European Central Bank, number 3009, Jan.
• Christian de Boissieu, 2023, "Central Bank digital currencies: where do we stand? Where are we going?," Policy briefs on Trade Dynamics and Policies, Policy Center for the New South, number 2301, Apr.
• Zhesheng Qiu & Yicheng Wang & Le Xu & Francesco Zanetti, 2025, "Monetary Policy in Open Economies with Production Networks," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2025-03, Jan.
• Olivier Armantier & Marco Cipriani & Asani Sarkar, 2025, "Discount Window Stigma After the Global Financial Crisis," Liberty Street Economics, Federal Reserve Bank of New York, number 20250117, Jan.
• Manthos Delis & Sotirios Kokas & Alexandros Kontonikas, 2024, "Reserves Regulation and the Risk-Taking Channel ," Post-Print, HAL, number hal-04768503, Oct, DOI: 10.1016/j.jcorpfin.2024.102689.
• Burlon, Lorenzo & Ferrari, Alessandro & Kho, Stephen & Tushteva, Nikoleta, 2025, "Why gradual and predictable? Bank lending during the sharpest quantitative tightening ever," Working Paper Series, European Central Bank, number 3010, Jan.
• Luís de Carvalho Campos & Lígia Maria Nunes & Mafalda Sousa Trincão & Bruno Tissot, 2023, "How central banks communicate on official statistics," IFC Reports, Bank for International Settlements, number 15, Feb.
• Bill Dupor & Marie Hogan & Jingchao Li, 2024, "A Decomposition of the Phillips Curve’s Flattening," Working Papers, Federal Reserve Bank of St. Louis, number 2025-002, Nov, DOI: 10.20955/wp.2025.002.
• David Borner, 2025, "Central bank information and pure monetary policy surprises in Switzerland," Working Papers, Swiss National Bank, number 2025-01.
• Camille Cornand & Rodolphe dos Santos Ferreira, 2025, "Central bank's communication and stabilization policies under firms'motivated beliefs," Post-Print, HAL, number hal-04808798, DOI: 10.1007/s00199-024-01598-1.
• Laurence M. Ball & Junnan Zhang, 2024, "A Simple Model of Average Inflation Targeting," NBER Working Papers, National Bureau of Economic Research, Inc, number 33160, Nov.
• Jonas Grangeray, 2024, "To Monetize or not to monetize public debt… Is that really the question? A neo-chartalist post-keynesian perspective
  [Monétiser ou ne pas monétiser la dette publique… Est-ce vraiment la question ? Une perspective post-keynésienne néo‑chartaliste]," Post-Print, HAL, number hal-04812626, Jan, DOI: 10.3917/cep1.084.0175.
• Maria Atamanchuk & Alejandro Hajdenberg & Dalia Kadissi & Giulio Lisi & Nasir H Rao, 2025, "Drivers of Inflation in the Caucasus and Central Asia," IMF Working Papers, International Monetary Fund, number 2025/003, Jan.
• Jérôme Creel & Francesco Saraceno, 2024, "Economic governance in the next EU legislature. What agenda for fiscal and monetary policy?," Post-Print, HAL, number hal-04816678, Oct.
• Fabien Clive Ntonga Efoua & Françoise Okah Efogo & Yanick Fredy Mvodo, 2024, "Cryptocurrencies: Opportunities and Challenges for the African Economies," Post-Print, HAL, number hal-04784299, Nov, DOI: 10.12688/routledgeopenres.18623.1.
• Pierre Delandre & Philippe Derruder & Fabien Fert & Ariane Tichit, 2024, "Towards a Topology of Monetary Systems A Comprehensive Analysis and Framework," Post-Print, HAL, number hal-04773860, Nov.
• Jiti Gao & Fei Liu & Bin Peng & Yanrong Yang, 2024, "Localized Neural Network Modelling of Time Series: A Case Study on US Monetary Policy," Monash Econometrics and Business Statistics Working Papers, Monash University, Department of Econometrics and Business Statistics, number 14/24.
• Ricardo J. Caballero & Tomás E. Caravello & Alp Simsek, 2024, "Financial Conditions Targeting," NBER Working Papers, National Bureau of Economic Research, Inc, number 33206, Nov.
• Elie BOLA BOONGO & Dieu-Merci IMO LOKWA & Joël BOSSONGA ILEMA & Samuel BOLA MBOYO, 2023, "impact of the adoption and use of mobile money on household well-being. Case of households in the city of Mbandaka
  [impact de l'adoption et l'utilisation de la monnaie mobile sur le bien-être des ménages. Cas des ménages de la ville de Mbandaka]," Post-Print, HAL, number hal-04792972, Oct.
• Fu, Bowen & Mendieta-Munoz, Ivan, 2025, "Trend inflation and structural shocks," EconStor Preprints, ZBW - Leibniz Information Centre for Economics, number 308793.
• Jim Bullard & Alex Grimaud & Isabelle Salle & Gauthier Vermandel, 2025, "Soft Landing and Inflation Scares," Tinbergen Institute Discussion Papers, Tinbergen Institute, number 25-001/VI, Jan.
• Marcos Cardozo & Yaroslav Rosokha & Cathy Zhang, 2024, "On the Emergence of International Currencies: An Experimental Approach," Purdue University Economics Working Papers, Purdue University, Department of Economics, number 1351, Feb.
• Grasso, Adriana & Poinelli, Andrea, 2025, "Flexible asset purchases and repo market functioning," Working Paper Series, European Central Bank, number 3013, Jan.
• Miguel Faria-e-Castro, 2025, "A Look at Inflation in Recent Years through the Lens of a Macroeconomic Model," On the Economy, Federal Reserve Bank of St. Louis, number 99413, Jan.
• Kris James Mitchener & Kirsten Wandschneider, 2024, "Currency Wars and Trade," CESifo Working Paper Series, CESifo, number 11589.
• H. Burcu Gürcihan, 2025, "Monetary and Environmental Policy in a Heterogeneous Agent Model," Working Papers, Research and Monetary Policy Department, Central Bank of the Republic of Turkey, number 2502.
• Jan Pruser, 2024, "A large non-Gaussian structural VAR with application to Monetary Policy," Papers, arXiv.org, number 2412.17598, Dec.
• Diego Bonelli & Berardino Palazzo & Ram S. Yamarthy, 2025, "“Good” Inflation, “Bad” Inflation: Implications for Risky Asset Prices," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2025-002, Jan, DOI: 10.17016/FEDS.2025.002.
• Saki Bigio & Nicolas Caramp & Dejanir Silva, 2024, "Sticky Inflation: Monetary Policy when Debt Drags Inflation Expectations," NBER Working Papers, National Bureau of Economic Research, Inc, number 33190, Nov.
• Dück, Alexander & Verona, Fabio, 2025, "Beyond one-size-fits-all: Designing monetary policy for diverse models and frequencies," Bank of Finland Research Discussion Papers, Bank of Finland, number 2/2025.
• Gauti B. Eggertsson & Sergey K. Egiev, 2024, "Liquidity Traps: A Unified Theory of the Great Depression and Great Recession," NBER Working Papers, National Bureau of Economic Research, Inc, number 33195, Nov.

Report NEP-MON-2025-01-27

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: