Report NEP-MON-2026-03-09

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:

• Heinemann, Friedrich & Kemper, Jan, 2026, "ECB Council members' objectives and public debt at home: Evidence from an AI-based textual analysis," ZEW Discussion Papers, ZEW - Leibniz Centre for European Economic Research, number 26-005.
• Eijffinger, Sylvester C. W. & de Haan, Jakob, 2026, "Central bank independence: An update," IMFS Working Paper Series, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS), number 229.
• Ballensiefen, Benedikt & Somogyi, Fabricius & Winterberg, Hannah, 2026, "Demand for dollars: Evidence from survey expectations," CFR Working Papers, University of Cologne, Centre for Financial Research (CFR), number 26-04.
• Andre, Peter & Schaffranka, Claudia & Weber, Michael, 2026, "Upward bias in inflation perceptions: Persistence, drivers, implications," SAFE White Paper Series, Leibniz Institute for Financial Research SAFE, number 117.
• Fernando M. Martin, 2026, "The Dual Mandate in Conflict: Balancing Current Tensions between Inflation and Employment," On the Economy, Federal Reserve Bank of St. Louis, number 102847, Mar.
• Tao Chen & Peter Levell & Martin O'Connell, 2026, "Measuring cost of living inequality during an inflation surge," IFS Working Papers, Institute for Fiscal Studies, number W26/16, Mar.
• Adam, Klaus & Weber, Henning, 2026, "Monetary policy and supply-side turnover," Discussion Papers, Deutsche Bundesbank, number 04/2026, DOI: 10.71734/DP-2026-4.
• Aniello Piscopo, 2026, "Informal labor market, inflation and monetary policy," Working Papers, University of Milano-Bicocca, Department of Economics, number 569, Feb.
• Emrehan Aktuğ & Abolfazl Rezghi, 2026, "Optimal Exchange Rate Policy with Oil Shocks," IMF Working Papers, International Monetary Fund, number 2026/030, Feb.
• Marco Del Negro & Elena Elbarmi & Michael Pham, 2026, "The Post‑Pandemic Global R," Liberty Street Economics, Federal Reserve Bank of New York, number 20260225, Feb, DOI: 10.59576/lse.20260225.
• Xiwen Bai & Jesús Fernández-Villaverde & Yiliang Li & Francesco Zanetti, 2026, "State Dependence of Monetary Policy During Global Supply Chain Disruptions," CESifo Working Paper Series, CESifo, number 12451.
• Jens H. E. Christensen & Daan Steenkamp, 2026, "A market-based assessment of the outlook for inflation: Expectations and monetary policy in South Africa," WIDER Working Paper Series, World Institute for Development Economic Research (UNU-WIDER), number wp-2026-21.
• Michał Brzoza-Brzezina & Rodolfo Rigato, 2026, "The Great Redistribution that Wasn’t: a HANK-OLG Perspective on Monetary Policy," NBP Working Papers, Narodowy Bank Polski, number 382.
• Anna Amirdjanova & David Lynch & Anni Zheng, 2026, "Initial Margin for Crypto Currencies Risks in Uncleared Markets," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2026-009, Feb, DOI: 10.17016/FEDS.2026.009.
• Melissa Leistra, 2026, "Contrasting Ledgers: Considerations for U.S. Dollar Interbank Payment Systems," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2026-011, Feb, DOI: 10.17016/FEDS.2026.011.
• Juan Pablo Di Iorio & Javier García-Cicco, 2026, "Fiscal Theory of the Price Level in Small and Open Economies," Working Papers, Universidad de San Andres, Departamento de Economia, number 179, Feb, revised Feb 2026.
• Michael Junho Lee & Donny Tou, 2026, "Stablecoin Disintermediation," Staff Reports, Federal Reserve Bank of New York, number 1185, Feb, DOI: 10.59576/sr.1185.
• David Argente & Chang-Tai Hsieh & Munseob Lee, 2026, "Inferring Prices from Quantities," Working Papers, Becker Friedman Institute for Research In Economics, number 2026-26.
• Sergio A. Correia & Stephan Luck & Emil Verner, 2026, "Bank Failures: The Roles of Solvency and Liquidity," Working Paper, Federal Reserve Bank of Richmond, number 26-02, Feb, DOI: 10.21144/wp26-02.
• Linda S. Goldberg & Oliver Hannaoui, 2026, "Drivers of Dollar Share in Foreign Exchange Reserves," NBER Working Papers, National Bureau of Economic Research, Inc, number 34888, Feb.
• Es-Sellami Ayoub & Kehel Mohammed, 2026, "Effectiveness analysis of monetary policy measures on the local investment projects financing: Moroccan subnational governments case
  [Analyse de l'efficacité des mesures de la politique monétaire sur le financement des projets d'investissement au ," Post-Print, HAL, number hal-05442849, Jan, DOI: 10.5281/zenodo.18154349.
• Austin Roberts, 2021, "What Is the Federal Open Market Committee?," Open Vault, Federal Reserve Bank of St. Louis, number 102790, Feb.
• Dario Bonciani & Riccardo M. Masolo & Silvia Sarpietro, 2026, "How Food Prices Shape Inflation Expectations and the Monetary Policy Response," Working Papers in Public Economics, Department of Economics and Law, Sapienza University of Rome, number 274, Feb.
• Santiago Camara, 2026, "Sign-Dependent Spillovers of Global Monetary Policy," Papers, arXiv.org, number 2602.09237, Feb.
• Behn, Markus & Lo Duca, Marco & Perales, Cristian, 2026, "How do macroprudential measures affect mortgage lending standards? Evidence from the ECB’s Bank Lending Survey," Working Paper Series, European Central Bank, number 3190, Feb.
• Falk Bräuning & Victoria Ivashina, 2026, "Bank Runs and Interest Rates: A Revolving Lines Perspective," Working Papers, Federal Reserve Bank of Boston, number 26-4, Feb, DOI: 10.29412/res.wp.2026.04.
• Gert Peersman, 2026, "Understanding Post-Pandemic Inflation Fluctuations: The Commodity Cost Channel," CESifo Working Paper Series, CESifo, number 12415.
• Kubitza, Christian & Damast, Dominik & Sørensen, Jakob Ahm, 2026, "Homeowners insurance and the transmission of monetary policy," Working Paper Series, European Central Bank, number 3194, Feb.
• Falk Bräuning & Victoria Ivashina, 2026, "Bank Runs and Interest Rates: A Revolving Lines Perspective," NBER Working Papers, National Bureau of Economic Research, Inc, number 34879, Feb.
• Ruth A. Judson & Colin Weiss, 2026, "A Brief Illustrated History of the Federal Reserve’s Balance Sheet," FEDS Notes, Board of Governors of the Federal Reserve System (U.S.), number 2026-02-13-3, Feb, DOI: 10.17016/2380-7172.4006.
• Blix Grimaldi, Marianna & Schneider, Fabienne & Vestin, David, 2026, "The Usage of Security Lending Facilities under unconventional Monetary Policy: Evidence from Sweden," Working Paper Series, Sveriges Riksbank (Central Bank of Sweden), number 462, Feb.
• Anyfantaki, Sofia & Migiakis, Petros & Petroulakis, Filippos & Giannakidis, Haris & Malliaropulos, Dimitris, 2026, "Bond funds’ risk taking and monetary policy," Working Paper Series, European Central Bank, number 3196, Feb.
• Merve Capan & Ahmet Gulveren & Tuba Ozsevinc, 2026, "A New Method for Measuring Underlying Inflation in Türkiye," Working Papers, Research and Monetary Policy Department, Central Bank of the Republic of Turkey, number 2605.
• Bletzinger, Tilman & Martorana, Giulia & Mistak, Jakub, 2026, "Looser, tighter, clearer: a new Financial Conditions Index for the euro area," Working Paper Series, European Central Bank, number 3193, Feb.
• Tobias Krahnke & Wenjie Li, 2026, "Tilting the Balance Towards Equity: Capital Controls and the Structure of External Liabilities," IMF Working Papers, International Monetary Fund, number 2026/037, Feb.
• Anna Cole & Christopher J. Neely, 2026, "The U.S. Dollar’s Role as a Reserve Currency," Open Vault, Federal Reserve Bank of St. Louis, number 102817, Feb.
• Wenbin Wu & Can Liu, 2026, "Stability Anchors and Risk Amplifiers: Tail Spillovers Across Stablecoin Designs," Papers, arXiv.org, number 2602.18820, Feb.
• Danilo Leiva-León & Rodrigo Sekkel & Luis Uzeda, 2026, "Do Monetary Policy Shocks Affect the Neutral Rate of Interest?," Working Papers, Federal Reserve Bank of Boston, number 26-3, Feb, DOI: 10.29412/res.wp.2026.03.
• Kristie M. Engemann, 2025, "Why Inflation Expectations Are Important to Policymakers," Open Vault, Federal Reserve Bank of St. Louis, number 102782, Nov.

Report NEP-MON-2026-03-09

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: