Report NEP-MON-2026-08-31

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:

• António Afonso & Leonardo Zorzi, 2026, "Inflation Targeting and Zero Lower Bound Risk: Cross-Country Evidence," CESifo Working Paper Series, CESifo, number 12920.
• Michael Irwin & Matías Vieyra, 2026, "The aggregate and heterogeneous effects of responding to shelter inflation," Staff Analytical Papers, Bank of Canada, number 2026-5, Mar, DOI: 10.34989/sap-2026-5.
• Hans Gersbach & Jean-Charles Rochet & Ernst-Ludwig von Thadden, 2026, "Central Bank Reserves and the Balance Sheet of Banks," CRC TR 224 Discussion Paper Series, University of Bonn and University of Mannheim, Germany, number crctr224_2025_765, Jun.
• Bengui, Julien & Han, Lu & MacKenzie, Gaelan, 2024, "Monetary Policy Transmission amid Demand Reallocations," CEPR Discussion Papers, Centre for Economic Policy Research, number 19409, Aug.
• Romain Baeriswyl, 2026, "Yesterday's controversies for tomorrow's money," Working Papers, Swiss National Bank, number 2026-10.
• Auer, Raphael & Pedemonte, Mathieu & Schoenle, Raphael, 2024, "Sixty Years of Global Inflation: A Post-GFC Update," CEPR Discussion Papers, Centre for Economic Policy Research, number 19226, Jul.
• Nikolay Hristov & Dominik Menno, 2026, "Long-Run Inflation and Financial Panics," CESifo Working Paper Series, CESifo, number 12918.
• Hannikainen, Lauri, 2026, "Monetary policy with endogenous aggregate productivity and misallocation," Bank of Finland Research Discussion Papers, Bank of Finland, number 8/2026.
• Carriere-Swallow, Yan & Firat, Melih & Furceri, Davide & Jiménez, Daniel, 2024, "State-Dependent Exchange Rate Pass-Through," CEPR Discussion Papers, Centre for Economic Policy Research, number 19325, Aug.
• Nishaad Rao & Tao Wang, 2026, "Channels of Transmission: How Mortgage Rates Affect House Prices and Rents in Canada," Staff Analytical Papers, Bank of Canada, number 2026-2, Feb, DOI: 10.34989/sap-2026-2.
• Castillo-Martinez, Laura & Reis, Ricardo, 2024, "How do central banks control inflation? A guide for the perplexed," CEPR Discussion Papers, Centre for Economic Policy Research, number 19334, Aug.
• Amina Enkhbold & Serdar Kabaca, 2026, "The Impact of Mortgage Interest Costs on Rental Inflation Amid Population Growth," Staff Analytical Papers, Bank of Canada, number 2026-14, Apr, DOI: 10.34989/sap-2026-14.
• De Fiore, Fiorella & Mojon, Benoit & Rees, Daniel & Sandri, Damiano, 2024, "Monetary policy frameworks away from the ELB," CEPR Discussion Papers, Centre for Economic Policy Research, number 19299, Jul.
• Engel, Charles & Wu, Steve Pak Yeung, 2024, "Exchange Rate Models are Better than You Think, and Why They Didn't Work in the Old Days," CEPR Discussion Papers, Centre for Economic Policy Research, number 19328, Aug.
• Bremer, Björn & Baccaro, Lucio, 2026, "One Policy, Many Publics: Central Bank Communication and the National Politics of Trust," SocArXiv, Center for Open Science, number zyvjh_v1, Aug, DOI: 10.31235/osf.io/zyvjh_v1.
• Jongrim Ha & Haroon Mumtaz & Franz Ruch, 2026, "Risky Inflation: A Cross Country Analysis," CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, number 2026-72, Aug.
• Christopher S. Sutherland, 2026, "Extraordinary Forward Guidance in Canada During the Pandemic," Staff Analytical Papers, Bank of Canada, number 2026-1, Feb, DOI: 10.34989/sap-2026-1.
• Tinn, Katrin, 2024, "A Theory Model of Digital Currency with Asymmetric Privacy," CEPR Discussion Papers, Centre for Economic Policy Research, number 19275, Jul.
• Stavrakeva, Vania & Tang, Jenny, 2024, "Explaining the Great Moderation Exchange Rate Volatility Puzzle," CEPR Discussion Papers, Centre for Economic Policy Research, number 19265, Jul.
• Tyler Atkinson & Jim Dolmas & Rebecca Zarutskie, 2026, "Alternative Trimmed Mean PCE inflation measure better tracked price surge," Dallas Fed Economics, Federal Reserve Bank of Dallas, number 103649, Aug.
• Jonathan Witmer & Monica Jain, 2026, "Communicating the Future Direction of Policy," Staff Analytical Papers, Bank of Canada, number 2026-16, May, DOI: 10.34989/sap-2026-16.
• Kumhof, Michael & Salgado-Moreno, Mauricio, 2024, "Quantitative Easing and Quantitative Tightening: The Money Channel," CEPR Discussion Papers, Centre for Economic Policy Research, number 19228, Jul.
• Haskel, Jonathan & Martin, Josh & Brandt, Lennart, 2025, "What explains recent UK inflation? An application of the Bernanke-Blanchard model," Discussion Papers, Economic Statistics Centre of Excellence, number escoe-dp-2025-12, Sep.
• Pitters, Julia & Seitz, Franz, 2026, "Beyond the cost debate: A multidimensional approach to quantify the value of cash for society," Weidener Diskussionspapiere, University of Applied Sciences Amberg-Weiden (OTH), number 102.
• Henry Dyer & Tomas Jankauskas, 2026, "Does the Equity Term Structure Respond to Monetary Policy Shocks?," Liberty Street Economics, Federal Reserve Bank of New York, number 20260812, Aug, DOI: 10.59576/lse.20260812.
• Joshua Brault & Maryam Haghighi & Jing Yang, 2026, "AI Paradox: Promise vs. Reality—What It Means for Monetary Policy," Staff Analytical Papers, Bank of Canada, number 2026-4, Mar, DOI: 10.34989/sap-2026-4.
• Faia, Ester & Lewis, Karen K. & Zhou, Haonan, 2024, "Do Investor Differences Impact Monetary Policy Spillovers to Emerging Markets?∗," CEPR Discussion Papers, Centre for Economic Policy Research, number 19389, Aug.
• Rakesh Arora & Umar Faruqui & Scott Hendry & Dinesh Shah & André Usche & Mark Byrne & Caroline Cook & Kevin Fraites & Wally Forsyth & Alex Caridia & Chris Meston & Teresa Venturino & Devon Read & Chad, 2026, "Project Samara Research Paper," Staff Analytical Papers, Bank of Canada, number 2026-8, Mar, DOI: 10.34989/sap-2026-8.
• Istrefi, Klodiana & Odendahl, Florens & Sestieri, Giulia, 2024, "ECB communication and its impact on financial markets," CEPR Discussion Papers, Centre for Economic Policy Research, number 19242, Jul.
• Ean Lay, Sam & Phon, Sophat & Som, Vuddneath & Lum, Sothearak, 2026, "Currency Sovereignty in Transition: Cash Circulation Governance at the Central Bank in Cambodia and Lessons from Four Central Banking Systems," MPRA Paper, University Library of Munich, Germany, number 130364, Aug.
• Jean-Sébastien Fontaine & Neil Maru & Sofia Tchamova, 2026, "A buoy on funding tides: How client repo demand and dealer constraints lifted CORRA," Staff Analytical Papers, Bank of Canada, number 2026-15, May, DOI: 10.34989/sap-2026-15.
• Wongpiyabovorn, Oranuch & Lence, Sergio & Plastina, Alejandro, 2026, "Will the "True"Inflation Please Stand Up? Inconsistencies Across Price Index Series," 2026 Annual Meeting, July 26 - 28, 2026, Kansas City, Missouri, Agricultural and Applied Economics Association, number 404382, DOI: 10.22004/ag.econ.404382.
• Forbes, Kristin & Ha, Jongrim & Kose, M. Ayhan, 2024, "Rate Cycles," CEPR Discussion Papers, Centre for Economic Policy Research, number 19272, Jul.
• Giannone, Domenico & Primiceri, Giorgio, 2024, "The drivers of post-pandemic inflation," CEPR Discussion Papers, Centre for Economic Policy Research, number 19377, Aug.
• Olivier Armantier & Gizem Koşar & Giorgio Topa & Wilbert Van der Klaauw & John C. Williams, 2026, "Three Stylized Facts About Inflation Expectations During the 2021-23 Inflation Surge," Staff Reports, Federal Reserve Bank of New York, number 1200, Aug, DOI: 10.59576/sr.1200.
• Maximiliano Dvorkin & Fernando Leibovici & Melanie LeTourneau & Ana Maria Santacreu, 2026, "Tariff Effects on Inflation Stabilize in Recent Months," On the Economy, Federal Reserve Bank of St. Louis, number 103654, Aug.
• Zixuan Huang & Mr. Aki Yokoyama, 2026, "Global Dollar Exposure and Its Relationship with CIP Deviations," IMF Working Papers, International Monetary Fund, number 2026/169, Aug.
• Erik Hurst & Christina Patterson & Nela Thomas Richardson & Ye Liv Wang, 2026, "Sticky Wage Norms and the Real Wage Cost of Unexpected Inflation," NBER Working Papers, National Bureau of Economic Research, Inc, number 35624, Aug.
• Wang, Kaiwei, 2026, "Words Beyond the Rate Decision? FOMC Statement Innovations and the U.S. Treasury Yield Curve, 2000-2026," MPRA Paper, University Library of Munich, Germany, number 130358, Aug.
• Felipe Alves & William Beaudoin & Hélène Desgagnés & Wei Dong & Jan David Schneider & Eugene Trostin & Argyn Toktamyssov & Hannes Twieling, 2026, "Assessing the US and Canadian neutral rates: 2026 update," Staff Analytical Papers, Bank of Canada, number 2026-21, May, DOI: 10.34989/sap-2026-21.
• Gerresheim, Nils & Krahé, Max & van 't Klooster, Jens, 2026, "China's dedollarisation strategy: Asymmetric success and what it means for Europe," Papers, Dezernat Zukunft - Institute for Macrofinance, Berlin, number 343004.
• Amin Izadyar, 2026, "AI and Exchange Rate Predictability," Papers, arXiv.org, number 2608.00761, Aug.
• Kuong, John Chi-Fong & O'Donovan, James & zhang, jinyuan, 2024, "Monetary Policy and Fragility in Corporate Bond Mutual Funds," CEPR Discussion Papers, Centre for Economic Policy Research, number 19361, Aug.
• Yanis Belkacem & Fabienne Schneider & Adrian Walton, 2026, "Repo transaction costs and balance sheet frictions," Staff Analytical Papers, Bank of Canada, number 2026-10, Mar, DOI: 10.34989/sap-2026-10.
• Farmer, Roger, 2024, "Money in a Heterogeneous Agent Model," CEPR Discussion Papers, Centre for Economic Policy Research, number 19333, Aug.
• Irwin, Douglas A. & Obstfeld, Maurice, 2024, "Understanding Korea’s Long-Run Real Exchange Rate Behavior," CEPR Discussion Papers, Centre for Economic Policy Research, number 19302, Jul.
• Robert Minton & Hugo Monnery, 2026, "How Firms Form Beliefs and the Implications for Inflation," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2026-053, Jul, DOI: 10.17016/FEDS.2026.053.
• James Chapman & Ajit Desai & Maryam Haghighi & James (Jim) C. MacGee, 2026, "Integrating Non-traditional Data and AI into Central Banking: A Canadian Perspective," Staff Analytical Papers, Bank of Canada, number 2026-17, May, DOI: 10.34989/sap-2026-17.
• Philippe Andrade & Alexander Dietrich & John Leer & Jenny Tang & Egon Zakrajšek, 2026, "The Future in Today’s Prices: Evidence from a Survey of U.S. Firms," Working Papers, Federal Reserve Bank of Boston, number 26-11, Jul, DOI: 10.29412/res.wp.2026.11.
• Zhang, Yuxiang & Liu, Yizao, 2026, "Behavioral Coping with Food Prices Inflation: Patterns Among U.S. Households," 2026 Annual Meeting, July 26 - 28, 2026, Kansas City, Missouri, Agricultural and Applied Economics Association, number 404617, DOI: 10.22004/ag.econ.404617.
• C.O. Olaniyi & N.M. Odhiambo, 2024, "Inflation-Poverty Causal Nexus in Sub-Saharan African Countries: An Asymmetric Panel Causality Approach," Working Papers, African Economic and Social Research Institute (AESRI), number WP102024, Dec.

Report NEP-MON-2026-08-31

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: