Report NEP-MON-2026-02-16

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:

• Michael D. Bordo, 2026, "The Future of Monetarism after Milton Friedman," NBER Working Papers, National Bureau of Economic Research, Inc, number 34765, Jan.
• Ece Ozge Emeksiz & Mr. Güneş Kamber & Ms. Julia Otten & Gurnain Kaur Pasricha, 2026, "Still Packing a Punch: Monetary Policy Transmission in a New Cross-Country High-Frequency Dataset," IMF Working Papers, International Monetary Fund, number 2026/018, Jan.
• Kristin Forbes & Jongrim Ha & M. Ayhan Kose, 2026, "Heaven or Earth? The Evolving Role of Global Shocks for Domestic Monetary Policy," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2026-05, Feb.
• Jonathan Hambur & Qazi Haque, 2026, "Perceived Monetary Policy Rules: Evidence from Professional Forecasters in Australia," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2026-09, Feb.
• Hanno Kase & Leonardo Melosi & Sebastian Rast & Matthias Rottner, 2026, "The perils of narrowing fiscal spaces," BIS Working Papers, Bank for International Settlements, number 1328, Feb.
• Jens H. E. Christensen & Daan Steenkamp, 2026, "A Market-Based Assessment of the Outlook for Inflation Expectations and Monetary Policy in South Africa," Working Paper Series, Federal Reserve Bank of San Francisco, number 2026-03, Feb, DOI: 10.24148/wp2026-03.
• Heba Y. Hashem & Mahmoud Mohieldin & Mamdouh Abdelmoula M. Abdelsalam, 2025, "Domestic and External Determinants of Inflation: An Empirical Investigation for Egypt," Working Papers, Economic Research Forum, number 1779, Jun, revised 20 Jun 2025.
• Matthew Fink & Jonathan Hambur, 2026, "Shifts in Australian Price-Setting Behaviour Around Large Shocks," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2026-07, Feb.
• Chadha, J. S. & Macchiarelli, C. & Goel, S. & Hantzsche, A. & Mellina, S., 2026, "Deciphering Delphic Guidance: The Bank of England and Geopolitical Uncertainty," Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge, number 2606, Feb.
• Gautier, Erwan & Conflitti, Cristina & Fadejeva, Ludmila & Grimaud, Alex & Jouvanceau, Valentin & Menz, Jan-Oliver & Paulus, Alari & Petroulas, Pavlos & Roldan-Blanco, Pau & Wieland, Elisabeth & Ender, 2026, "Consumer price stickiness in the euro area during an inflation surge," Working Paper Series, European Central Bank, number 3181, Feb.
• Magali Marx & Christoph Grosse Steffen & Moaz Elsayed, 2025, "Global Sectoral Supply Shocks, Inflation, and Monetary Policy," Working papers, Banque de France, number 1026.
• Alexander Mihailov & Giovanni Razzu & Zhe Wang, 2026, "Gender, Labour Market and Monetary Policy in the Euro Area," Economics Discussion Papers, Department of Economics, University of Reading, number em-dp2026-01, Feb.
• Marco Graziano & Marius Koechlin & Andreas Tischbirek, 2026, "The Spillovers of LSAPs on Banks in the Euro Area," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2026-005, Jan, DOI: 10.17016/FEDS.2026.005.
• Consolo, Agostino & Foroni, Claudia & Hjelm, Linnéa, 2026, "The labour market in the euro area: and yet, it moves!," Working Paper Series, European Central Bank, number 3180, Feb.
• Chaimae Lazzarou, 2026, "Measuring Natural Interest Rate in Morocco," IHEID Working Papers, Economics Section, The Graduate Institute of International Studies, number 01-2026, Feb.
• Efrem Castelnuovo & Giovanni Pellegrino, , "The Inflation Uncertainty Amplifier," "Marco Fanno" Working Papers, Dipartimento di Scienze Economiche "Marco Fanno", number 0321.
• Christopher D. Cotton & Anna Durall & Vaishali Garga, 2026, "Pricing in the New Year: Why Inflation Behaves Differently at the Start of the Year," Current Policy Perspectives, Federal Reserve Bank of Boston, number 26-1, Feb.
• Trinh Phuc Hung & Aleksandar Vasilevv, 2026, "Estimating the New Keynesian Phillips Curve in Vietnam," EERI Research Paper Series, Economics and Econometrics Research Institute (EERI), Brussels, number EERI RP 2026/02, Jan.
• Sriya Anbil & Alyssa G. Anderson & Benjamin Eyal, 2026, "Bankers’ Banks and their Role in the Federal Funds Market," FEDS Notes, Board of Governors of the Federal Reserve System (U.S.), number 2026-01-30-1, Jan, DOI: 10.17016/2380-7172.3969.
• Kohei Asao & Raju Huidrom, 2026, "Understanding and Forecasting Inflation in Timor-Leste," IMF Working Papers, International Monetary Fund, number 2026/024, Feb.
• Nocciola, Luca, 2026, "Money demand by non-financial corporations," Working Paper Series, European Central Bank, number 3182, Feb.
• Efrem Castelnuovo & Giovanni Pellegrino & Laust L. Saerkjaer, 2025, "Monetary Policy Shocks and Narrative Restrictions: Rules Matter," "Marco Fanno" Working Papers, Dipartimento di Scienze Economiche "Marco Fanno", number 0328, Nov.
• Matthew C. Johnson & Matteo Luciani & Minzhengxiong Zhang & Kenichiro McAlinn, 2026, "Predictive Synthesis under Sporadic Participation: Evidence from Inflation Density Surveys," Papers, arXiv.org, number 2602.05226, Feb.
• Bardóczy, Bence & Savoia, Ettore & Vel´asquez-Giraldo, Mateo, 2026, "HANK Comes of Age: Monetary Policy with Heterogeneous Overlapping Generations," Working Paper Series, Sveriges Riksbank (Central Bank of Sweden), number 461, Jan.
• M.Jahangir Alam & Shane Boyle & Huiyu Li & Tatevik Sekhposyan, 2026, "ChatMacro: Evaluating Inflation Forecasts of Generative AI," Working Paper Series, Federal Reserve Bank of San Francisco, number 2026-04, Feb, DOI: 10.24148/wp2026-04.
• Schmidt, Sebastian, 2026, "Fiscal seigniorage and price level determination in a currency union," Working Paper Series, European Central Bank, number 3183, Feb.
• Mitrovic, Aleksandar & Steenkamp, Daan, 2026, "What online prices reveal about inflation in South Africa," EconStor Research Reports, ZBW - Leibniz Information Centre for Economics, number 336211.
• Kardelen Cicek & Julieth C Pico-Mejia & Mr. Marcos Poplawski Ribeiro & Alberto Tumino, 2026, "Distributional Impacts of Inflation Accounting for Behavioral Effects and Real Assets," IMF Working Papers, International Monetary Fund, number 2026/022, Feb.
• Sergio A. Correia & Stephan Luck & Emil Verner, 2026, "Bank Failures: The Roles of Solvency and Liquidity," Staff Reports, Federal Reserve Bank of New York, number 1181, Feb, DOI: 10.59576/sr.1181.
• Bruno Albuquerque & Mr. Eugenio M Cerutti & Melih Firat & Benedikt Kagerer, 2026, "Banking on Nonbanks," IMF Working Papers, International Monetary Fund, number 2026/023, Feb.
• Wenjie Li, 2026, "Beyond Binary: A Policy-Intensity Measure of Capital Flow Management," IMF Working Papers, International Monetary Fund, number 2026/021, Feb.
• Mario A. Ramos-Veloza & Sara Naranjo-Saldarriaga & José Pulido, 2026, "Wage dynamics, Unemployment, and Inflation: Enhancing 4GM Semi-Structural Model," Borradores de Economia, Banco de la Republica de Colombia, number 1341, Feb, DOI: 10.32468/be.1341.
• Shengwei You & Aditya Joshi & Andrey Kuehlkamp & Jarek Nabrzyski, 2026, "Stablecoin Design with Adversarial-Robust Multi-Agent Systems via Trust-Weighted Signal Aggregation," Papers, arXiv.org, number 2601.22168, Jan.
• Philippe Bacchetta & Kenza Benhima & Yannick Kalantzis & Maxime Phillot, 2026, "The International Transmission of Asset Market Shocks in Liquidity Traps," Working papers, Banque de France, number 1032.