Report NEP-MON-2025-07-14

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:

• Angelos Athanasopoulos & Donato Masciandaro & Davide Romelli, 2025. "Long run inflation: persistence and central bank independence," BAFFI CAREFIN Working Papers 25237, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
• Martin Feldkircher & Petr Korab & Viktoriya Teliha, 2025. "What Do Central Bankers Talk About? Evidence From the BIS Archive," CAMA Working Papers 2025-35, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
• Ozili, Peterson K, 2025. "Impact of monetary policy on financial stability in good times," MPRA Paper 125030, University Library of Munich, Germany.
• Ozili, Peterson K, 2025. "100 Quotes about central bank digital currencies," MPRA Paper 124263, University Library of Munich, Germany.
• Samuel Kaplan & Efstathios Polyzos & David Tercero-Lucas, 2025. "Crypto Listens: Asymmetric Reactions to Text-based Signals in Central Bank Communications," Working Papers 365, Red Nacional de Investigadores en Economía (RedNIE).
• Erwan Gautier & Frédérique Savignac & Olivier Coibion, 2025. "Firms' Inflation and Wage Expectations during the Inflation Surge," NBER Working Papers 33799, National Bureau of Economic Research, Inc.
• Weber, Michael, 2025. "Navigating neutrality: ECB policy amid heightened uncertainty," SAFE White Paper Series 113, Leibniz Institute for Financial Research SAFE.
• Ralf R. Meisenzahl & Friederike Niepmann & Tim Schmidt-Eisenlohr, 2025. "The Dollar Channel of Monetary Policy Transmission," Finance and Economics Discussion Series 2025-046, Board of Governors of the Federal Reserve System (U.S.).
• Jonathan Adams & Symeon Taipliadis, 2025. "The Optimal Monetary Policy Response to Belief Distortions: Model-Free Evidence," Research Working Paper RWP 25-04, Federal Reserve Bank of Kansas City.
• Anna Cole & Julian Kozlowski & Joseph Martorana, 2025. "The Dynamics of Long-Run Inflation Expectations: A Market-Based Perspective," Working Papers 2025-015, Federal Reserve Bank of St. Louis.
• Stefan Avdjiev & Linda S. Goldberg, 2025. "Financial Intermediaries and the Changing Risk Sensitivity of Global Liquidity Flows," Liberty Street Economics 20250626, Federal Reserve Bank of New York.
• Garabedian, Garo, 2025. "Star-struck; Monetary Policy and the Neutral Rate," Research Technical Papers 4/RT/25, Central Bank of Ireland.
• Gara Afonso & Marco Cipriani & JC Martinez & Matthew Plosser, 2025. "Reserves and Where to Find Them," Liberty Street Economics 20250623, Federal Reserve Bank of New York.
• Patrick Honohan, 2025. "How much capital do central banks really have?," Working Paper Series WP25-15, Peterson Institute for International Economics.
• Yao Amber Li & Lingfei Lu & Shang-Jin Wei & Jingbo Yao, 2025. "The Spill-back and Spillover Effects of US Monetary Policy: Evidence on an International Cost Channel," NBER Working Papers 33811, National Bureau of Economic Research, Inc.
• Emmanuel Caiazzo & Alberto Zazzaro, 2025. "Interest rate and bank rescue policy," Mo.Fi.R. Working Papers 191, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
• Christophe Blot & Paul Hubert & Fabien Labondance, 2025. "Dissent in Monetary Policy Decisions: Effects, Channels and Implications," EconomiX Working Papers 2025-31, University of Paris Nanterre, EconomiX.
• Stephanie Schmitt-Grohé & Martín Uribe, 2025. "Transitory and Permanent Import Tariff Shocks in the United States: An Empirical Investigation," NBER Working Papers 33997, National Bureau of Economic Research, Inc.
• Joseph Abadi & Jesús Fernández-Villaverde & Daniel R. Sanches, 2025. "International Currency Dominance," Working Papers 25-20, Federal Reserve Bank of Philadelphia.
• Jonathan Chiu & Cyril Monnet, 2025. "On the Programmability and Uniformity of Digital Currencies," Staff Working Papers 25-18, Bank of Canada.
• Li, Mengheng & Mendieta-Munoz, Ivan, 2025. "Unpacking trend inflation: Evidence from a factor correlated unobserved components model of sticky and flexible prices," EconStor Preprints 320299, ZBW - Leibniz Information Centre for Economics.
• Karsten Chipeniuk & Gulnara Nolan & Matt Nolan, 2025. "HANK and the Transmission of Shocks to Demand and Supply," RBA Research Discussion Papers rdp2025-04, Reserve Bank of Australia.
• Monia Magnani & Massimo Guidolin, 2025. "Nonlinear Dynamics in Monetary Policy-Fueled Stock Market Bubbles," BAFFI CAREFIN Working Papers 25252, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
• Paweł Kopiec & Małgorzata Walerych, 2025. "Unemployment level and the non-linear effects of monetary policy in Poland," NBP Working Papers 377, Narodowy Bank Polski.
• Kenechukwu E. Anadu & Pablo D. Azar & Catherine Huang & Marco Cipriani & Thomas M. Eisenbach & Gabriele La Spada & Mattia Landoni & Marco Macchiavelli & Antoine Malfroy-Camine & J. Christina Wang, 2025. "Runs and Flights to Safety: Are Stablecoins the New Money Market Funds?," Supervisory Research and Analysis Working Papers SRA 23-02, Federal Reserve Bank of Boston.
• Sophia Cho & Thomas M. Mertens & John C. Williams, 2025. "The Zero Lower Bound Remains a Medium‑Term Risk," Liberty Street Economics 20250707, Federal Reserve Bank of New York.
• Andrea Boitani & Catalin Dragomirescu-Gaina & Andrea Monticini, 2025. "Managing the chaos: policy challenges in a hyperinflationary environment," DISCE - Working Papers del Dipartimento di Economia e Finanza def142, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
• Andrew B. Martinez & Alexander D. Schibuola & David Beckworth, 2025. "The Reliability of the Nominal GDP Expectations Gap," Working Papers 2025-004, The George Washington University, Department of Economics, H. O. Stekler Research Program on Forecasting.
• Xie, Danyang, 2025. "Divergent paths in digital currency development: a comparative study of China and the United States with a global perspective," MPRA Paper 124989, University Library of Munich, Germany.
• Benguria, Felipe & Novy, Dennis, 2025. "How to Grow an Invoicing Currency: Micro Evidence from Argentina," CAGE Online Working Paper Series 758, Competitive Advantage in the Global Economy (CAGE).
• Hugo De Vere & Srini Ramaswamy & Sam Schulhofer-Wohl, 2025. "An Asset-Liability Management Approach to the Federal Reserve Balance Sheet," Working Papers 2525, Federal Reserve Bank of Dallas.
• Davide Brignone & Marco Mazzali, 2025. "It is all about demand and supply: a dualistic view of the euro area business cycle," Bank of England working papers 1124, Bank of England.
• Maria Elena Filippin, 2025. "Who's in? Household-targeted Government Policies and the Role of Financial Literacy in Market Participation," Papers 2506.12575, arXiv.org.
• Matteo Barigozzi & Claudio Lissona & Matteo Luciani, 2025. "Measuring the Euro Area Output Gap," Papers 2505.05536, arXiv.org.
• Elona Dushku, 2025. "Access to Finance for SMEs in Albania under Monetary Tightening," IHEID Working Papers 09-2025, Economics Section, The Graduate Institute of International Studies.
• Dominic Zaun Eu Jones, 2025. "Ornithologist: Towards Trustworthy "Reasoning" about Central Bank Communications," Papers 2505.09083, arXiv.org.