Report NEP-MON-2025-06-09

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:

• Michael Ehrmann, 2024, "Trust in Central Banks," RBA Annual Conference Papers, Reserve Bank of Australia, number acp2024-04, Oct, revised May 2025.
• Aurélien Goutsmedt & Francesco Sergi, 2025, "Redefining scientization: Central banks between science and politics," Post-Print, HAL, number hal-04518367, Apr, DOI: 10.1017/fas.2025.7.
• Petrella Ivan & Santoro Emiliano & Winkelmann Yannik, 2025, "Inflation and Price Flexibility," Working papers, Department of Economics, Social Studies, Applied Mathematics and Statistics (Dipartimento di Scienze Economico-Sociali e Matematico-Statistiche), University of Torino, number 099, May.
• Ferrando, Annalisa & Mulier, Klaas & Ongena, Steven & Delis, Manthos, 2025, "The poor, the rich, and the credit channel of monetary policy," Working Paper Series, European Central Bank, number 3058, May.
• Kristin Forbes & Jongrim Ha & M. Ayhan Kose, 2025, "Tradeoffs over Rate Cycles: Activity, Inflation and the Price Level," NBER Working Papers, National Bureau of Economic Research, Inc, number 33825, May.
• Escribano, Álvaro & Rodríguez, Juan Andrés & Arranz Cuesta, Miguel Angel, 2025, "40 Years of Empirical Evidence of Cointegration and Nonlinear Equilibrium Correction in UK Money Demand since the XIX Century," UC3M Working papers. Economics, Universidad Carlos III de Madrid. Departamento de Economía, number 47122, Jun.
• Francesco Ferlaino, 2025, "Effects of different financial frictions on households," Working Papers in Public Economics, Department of Economics and Law, Sapienza University of Rome, number 263, May.
• Item repec:fip:fedgfe:100029 is not listed on IDEAS anymore

• Tiff Macklem & Jill Vardy, 2024, "20 Years of Central Bank Communications, and Lessons for the Future," RBA Annual Conference Papers, Reserve Bank of Australia, number acp2024-02, Oct, revised May 2025.
• Elliot Beck & Michael Wolf, 2025, "Forecasting inflation with the hedged random forest," Working Papers, Swiss National Bank, number 2025-07.
• Frost, Jon & Rochet, Jean-Charles & Shin, Huyn Song & Verdier, Marianne, 2025, "Competing digital monies," TSE Working Papers, Toulouse School of Economics (TSE), number 25-1644, May, revised Jul 2025.
• Dibiasi, Andreas & Mikosch, Heiner & Sarferaz, Samad & Steinbach, Armin, 2025, "Fiscal Responses to Monetary Policy: Insights from a Survey of Government Officials," HEC Research Papers Series, HEC Paris, number 1546, Feb, DOI: 10.2139/ssrn.5131825.
• Stefano Fasani & Valeria Patella & Giuseppe Pagano Giorgianni & Lorenza Rossi, 2025, "Belief Distortions and Disagreement about Inflation," Working Papers, Lancaster University Management School, Economics Department, number 423478673.
• Item repec:fip:fedgfe:100037 is not listed on IDEAS anymore

• Diego Bonelli & Berardino Palazzo & Ram Yamarthy, 2025, "Good inflation, bad inflation: implications for risky asset prices," Working Papers, Banco de España, number 2525, May, DOI: https://doi.org/10.53479/39905.
• Alejandro Ferrer & Ana Molina, 2025, "The interaction of liquidity risk and bank solvency via asset monetisation mechanisms," Occasional Papers, Banco de España, number 2509, May, DOI: https://doi.org/10.53479/39785.
• Jonathan J Adams & Philip Barrett, 2025, "The Term Structure of Monetary Policy News," Working Papers, University of Florida, Department of Economics, number 001017, May.
• Jaanika Meriküll & Matthias Rottner, 2025, "Monetary policy and earnings inequality: inflation dependencies," BIS Working Papers, Bank for International Settlements, number 1271, Jun.
• Shovon Sengupta & Tanujit Chakraborty & Sunny Kumar Singh, 2024, "Forecasting CPI inflation under economic policy and geopolitical uncertainties," Post-Print, HAL, number hal-05056934, Sep, DOI: 10.1016/j.ijforecast.2024.08.005.
• Vyacheslav Fos & Nancy R. Xu, 2025, "When Do FOMC Voting Rights Affect Monetary Policy?," NBER Working Papers, National Bureau of Economic Research, Inc, number 33762, May.
• Biais, Bruno & Rochet, Jean-Charles & Villeneuve, Stéphane, 2025, "Do cryptocurrencies matter?," TSE Working Papers, Toulouse School of Economics (TSE), number 25-1643, May.
• Item repec:fip:fedgfe:100030 is not listed on IDEAS anymore

• Sally Auld, 2024, "Perspectives from a Consumer of Central Bank Communication," RBA Annual Conference Papers, Reserve Bank of Australia, number acp2024-03, Oct, revised May 2025.
• Alex Chernoff & Allen Head & Beverly Lapham, 2024, "Consumer Search, Productivity Heterogeneity, Prices, Markups, and Pass-through: Theory and Estimation," Working Paper, Economics Department, Queen's University, number 1523, Nov.
• Ranim Assi & Zacharias Maniadis & Sotiris Georganas, 2025, "Hyperinflation Perceptions: An Experimental Study," University of Cyprus Working Papers in Economics, University of Cyprus Department of Economics, number 01-2025, May, revised 20 Jan 2026.
• Jonathan Witmer, 2025, "The Optimum Quantity of Central Bank Reserves," Staff Working Papers, Bank of Canada, number 25-15, May, DOI: 10.34989/swp-2025-15.
• Lang, Jan Hannes & Rusnák, Marek & Herbst, Tobias, 2025, "The impact of monetary policy and macroprudential policy on corporate lending rates in the Euro area," Working Paper Series, European Central Bank, number 3057, May.
• Morshed, Monzur & Wallace, Jack, 2025, "Dollarization and Macroeconomic Stability: Lessons from Argentina, Ecuador, and Lebanon," OSF Preprints, Center for Open Science, number ayh3e_v1, May, DOI: 10.31219/osf.io/ayh3e_v1.
• Ryan Niladri Banerjee & Jon Frost & Michael Chui & Jose Maria Vidal Pastor, 2025, "Elasticity in the monetary system," BIS Bulletins, Bank for International Settlements, number 101, Jun.
• Miguel Acosta Henao & Mar√≠a Alejandra Amado & David P√©rez Reyna & Montserrat Mart√≠, 2025, "Heterogeneous UIPDs Across Firms: Spillovers from U.S. Monetary Policy Shocks," Documentos CEDE, Universidad de los Andes, Facultad de Economía, CEDE, number 21387, Jun.
• Sona Benecka, 2025, "Forecasting Disaggregated Producer Prices: A Fusion of Machine Learning and Econometric Techniques," Working Papers, Czech National Bank, Research and Statistics Department, number 2025/2, Mar.
• Michael Stutchbury, 2024, "The Evolution of Central Bank Communications," RBA Annual Conference Papers, Reserve Bank of Australia, number acp2024-06, Oct, revised May 2025.
• Item repec:fip:fedgfe:100031 is not listed on IDEAS anymore

• Item repec:fip:fedgfe:100026 is not listed on IDEAS anymore

• Nikolaos Giannakis & Periklis Gogas & Theophilos Papadimitriou & Jamel Saadaoui & Emmanouil Sofianos, 2025, "Do International Reserve Holdings Still Predict Economic Crises? Insights from Recent Machine Learning Techniques," Working Papers, International Network for Economic Research - INFER, number 2025.6.
• Ivan Trubelik & Tomas Karhanek & Simona Malovana & Ales Michl, 2025, "Instant Payments in Czechia: Adoption and Future Trends," Working Papers, Czech National Bank, Research and Statistics Department, number 2025/4, Apr.
• Michael McMahon, 2024, "Lessons for Monetary Policy Communication: Communication, Getting Through and Expectation Formation," RBA Annual Conference Papers, Reserve Bank of Australia, number acp2024-01, Oct, revised May 2025.
• Harold Glenn A. Valera & Mark J. Holmes & Vic K. Delloro, 2025, "The Changing Effect of Energy and Rice Prices and Remittances on Overall Inflation in Emerging Markets: Evidence from the Philippines," Working Papers in Economics, University of Waikato, number 25/05, May.
• Olivier Coibion & Yuriy Gorodnichenko, 2024, "The Causal Effects of Inflation Expectations on Households' Beliefs and Actions," RBA Annual Conference Papers, Reserve Bank of Australia, number acp2024-05, Oct, revised May 2025.
• Ryuichiro Izumi & Weng Fei Leong & Balázs Zélity, 2025, "In Search of Countercyclical Capital Inflow Controls," Wesleyan Economics Working Papers, Wesleyan University, Department of Economics, number 2025-006, Jun.
• Morshed, Monzur, 2025, "Mobile Money and the Future of Digital Currency: Evidence from Kenya," OSF Preprints, Center for Open Science, number msbz4_v1, May, DOI: 10.31219/osf.io/msbz4_v1.
• Phillip An & Karlye Dilts Stedman & Amaze Lusompa, 2025, "How High Does High Frequency Need to Be? A Comparison of Daily and Intradaily Monetary Policy Surprises," Research Working Paper, Federal Reserve Bank of Kansas City, number RWP 25-03, May.
• Tymoigne, Eric, 2024, "The Origins of the Platonic Approach to Monetary Systems: Retracing European and Chinese Monetary Thoughts on Chartalism, Nominalism, and the Origins of Monetary," MPRA Paper, University Library of Munich, Germany, number 124797, Nov.
• Bruno Albuquerque & Mr. Eugenio M Cerutti & Nanyu Chen & Melih Firat, 2025, "From Banks to Nonbanks: Macroprudential and Monetary Policy Effects on Corporate Lending," IMF Working Papers, International Monetary Fund, number 2025/096, May.
• Christopher Loewald & Rudi Steinbach & Jeffrey Rakgalakane, 2025, "Less risk and more reward revising South Africas inflation target," Working Papers, South African Reserve Bank, number 11079, May.
• Valeriu Nalban & Luis-Felipe Zanna, 2025, "QPM-Based Analysis of Weather Shocks and Monetary Policy in Developing Countries," IMF Working Papers, International Monetary Fund, number 2025/095, May.
• Rashad Ahmed & Iñaki Aldasoro, 2025, "Stablecoins and safe asset prices," BIS Working Papers, Bank for International Settlements, number 1270, May.
• Fabio Milani, 2025, "Inflation Tolerance Bands and Private Sector Beliefs," CESifo Working Paper Series, CESifo, number 11910.
• Rocío Elizondo & Julio A. Carrillo, 2025, "Comparison of Inflation Expectations from Surveys and Markets Across Different Horizons," Working Papers, Banco de México, number 2025-07, May.

Report NEP-MON-2025-06-09

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: