Report NEP-MON-2026-10-05

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:

• Ehud Shapiro, 2026, "Sovereign Grassroots Currencies: A CBDC Architecture for Credit and Monetary Policy (Full Version)," Papers, arXiv.org, number 2609.27727, Sep, revised Oct 2026.
• António Afonso & Leonardo Zorzi, 2026, "Inflation Targeting and Zero Lower Bound Risk: Cross-Country Evidence," Working Papers REM, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa, number 2026/0428, Aug.
• Steenkamp, Daan & Morrow, Sinead, 2026, "Evaluating monetary policy rate settings under data uncertainty in South Africa," EconStor Research Reports, ZBW - Leibniz Information Centre for Economics, number 344059.
• Massimiliano Affinito, 2026, "When did the balance sheet become a monetary policy tool? Evidence from Banca d'Italia across the 20th century," Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area, number 1042, Jul.
• Elmir Mukhtarov & Ali Hajili & Aygun Garayeva & Vugar Ahmadov, 2025, "Overnight Interbank Rate Volatility Across Liquidity States: Key Drivers and Policy Implications," Working Papers, Central Bank of Azerbaijan Republic, number 2502, Jun.
• Michele Andreolli & Natalie Rickard & Paolo Surico & Chiara Vergeat, 2026, "Inflation composition and monetary stabilization," Bank of England Staff Working Paper series, Bank of England, number 1208, Sep.
• Luis I. Jácome & Nicolás E. Magud & Samuel Pienknagura & Martín Uribe, 2026, "Fiscal Populism and Monetary Policy Rules," NBER Working Papers, National Bureau of Economic Research, Inc, number 35758, Sep.
• Guillaume Bazot & Eric Monnet & Matthias Morys, 2026, "Where It All Begins: Eurodollars and International Monetary Policy Transmission under Bretton Woods," AMSE Working Papers, Aix-Marseille School of Economics, France, number 2625, Sep.
• Alice Albonico & Guido Ascari & Qazi Haque & Kostas Mavromatis & Andra Smadu, 2026, "Energy and Monetary Policy in the Euro Area," Adelaide Economics Working Papers, Adelaide University, School of Economics, number 2026-07 Classification-E5, Jun.
• Ritsu Yano & Yoshiyuki Nakazono & Jun Takahashi, 2026, "People Prefer Zero Inflation: Evidence from Conjoint Analysis on Inflation–Unemployment Trade-offs," TUPD Discussion Papers, Graduate School of Economics and Management, Tohoku University, number 90, Sep.
• Zeno Enders & Sophia Oberbrinkmann, 2026, "Implications of Inflation Forecast Targeting for Fiscal Policy," CESifo Working Paper Series, CESifo, number 12991.
• Carlo Alcaraz & Stijn Claessens & Gabriel Cuadra & David Marques-Ibanez & Horacio Sapriza, 2026, "What is the Impact of a Major Unconventional Monetary Policy Intervention?," Working Papers, Banco de México, number 2026-01, Sep.
• Martin Feldkircher & Márton Kardos & Kristoffer Laigaard Nielbo, 2026, "From Tone to Trajectory: Continuous Sentiment and the Shape of Monetary Policy Communication," Working Papers, Oesterreichische Nationalbank (Austrian Central Bank), number 281, Sep.
• Wenli Cheng, 2026, "The Euro, The Bancor and The Dollar: A Ricardian Model," Working Papers, Post Keynesian Economics Society (PKES), number PKWP2620, Sep.
• Jonathan Hambur & Qazi Haque, 2026, "Perceived Monetary Policy Rules: Evidence from Professional Forecasters in Australia," Adelaide Economics Working Papers, Adelaide University, School of Economics, number 2026-02 Classification-E4, Feb.
• João Tovar Jalles & John Beirne & Donghyun Park, 2026, "Monetary Tightening without Disinflation? Cross-Country Evidence on Heterogeneous Transmission," Working Papers, South East Asian Central Banks (SEACEN) Research and Training Centre, number wp65, Sep, revised Sep 2026.
• Joshua Brault & Qazi Haque & Louis Phaneuf, 2025, "Time-Varying Inflation Target and Unbiased Taylor Rule Estimation," Adelaide Economics Working Papers, Adelaide University, School of Economics, number 2025-03 Classification-E5, Apr.
• Emiliano A. Carlevaro & Qazi Haque & Leandro M. Magnusson, 2025, "Empirical evidence on the U.S. monetary-fiscal policy mix," Adelaide Economics Working Papers, Adelaide University, School of Economics, number 2025-05 Classification-E6, May.
• Guerreiro, João & Hazell, Joe & Lian, Chen & Patterson, Christina, 2026, "Why do workers dislike inflation? Wage erosion and conflict costs," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 130233, Sep.
• Sergio Cesaratto & George Pantelopoulos & Eladio Febrero & Riccardo Zolea, 2026, "Are Eurosystem monetary imbalances remunerated? The hidden mechanisms of Eurosystem monetary income," Department of Economics University of Siena, Department of Economics, University of Siena, number 947, Sep.
• Michele Modugno & Benjamin Roscoe & Sarah Zoi, 2026, "Beyond Financial Conditions: Measuring Structural Vulnerabilities in the U.S. Financial System," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2026-065, Sep, DOI: 10.17016/FEDS.2026.065.
• Andrea Foschi & Stefano Pica & Marianna Riggi, 2026, "Many Too Many: excess savings and the transmission of macroeconomic shocks," Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area, number 1031, Jul.
• Tamkin Nuriyev & Aygun Garayeva & Gulzar Tahirova, 2026, "Construction and Forecasting of the Imported Food Price Index in Azerbaijan," Working Papers, Central Bank of Azerbaijan Republic, number 2601, Jan.
• Michael D. Bauer & Maik Schmeling & Andreas Schrimpf, 2026, "Risk Appetite and Monetary Transmission," Working Paper Series, Federal Reserve Bank of San Francisco, number 2026-20, Sep, DOI: 10.24148/wp2026-20.
• Alessandro Franconi & Giacomo Rella, 2026, "Monetary Policy and the Wealth Distribution," Working papers, Banque de France, number 1064.
• Grigoriy Korolev, 2026, "Interest Rate Transmission in Decentralized Finance: Evidence from Aave Lending Protocol," Working Papers, New Economic School (NES), number sp0003, Sep.
• Eric Vansteenberghe, 2026, "Tolerable Inflation, Intolerable Uncertainty," Papers, arXiv.org, number 2609.31512, Sep.
• Edward P. Herbst & Karen Page, 2026, "Optimal Pooling in Taylor Rule Estimation with Multiple-Horizon Forecast Panels," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2026-064, Sep, DOI: 10.17016/FEDS.2026.064.
• Kenji Miyazaki, 2026, "Inherited Wage Dispersion and Optimal Discretion in a Dual-Rigidity TANK Model," Papers, arXiv.org, number 2609.39070, Sep.
• Pier Francesco Asso & Marcello Messori, 2026, "Luigi Einaudi as Governor (1945-1948). Postwar, reconstruction and stabilization," Quaderni di storia economica (Economic History Working Papers), Bank of Italy, Economic Research and International Relations Area, number 58 ENG, Sep.
• Ece Ozge Emeksiz & Andres Fernandez & Nikhil Patel & Ivan Petrella & Tatjana Schulze, 2026, "Drivers of Exchange Rates in EMDEs: Implications for Foreign Exchange Intervention," IMF Staff Discussion Notes, International Monetary Fund, number 2026/003, Sep.
• Wali Ullah, 2026, "Two Answers, One Belief What Household Inflation Expectations Measure," DSSR Discussion Papers, Graduate School of Economics and Management, Tohoku University, number 153, Aug.
• Aurel Ruben Mäder & Christoph Meyer & Yves Nacht & Daniel Gatica-Perez, 2026, "Cash saves the day: How cash infrastructure enhances resilience during a card payment system outage," Working Papers, Swiss National Bank, number 2026-12.
• Pooya Molavi & Alireza Tahbaz-Salehi & Andrea Vedolin, 2026, "Expectations and the Term Structure of Interest Rates," NBER Working Papers, National Bureau of Economic Research, Inc, number 35766, Sep.
• Paul Hubert & Rose Portier, 2026, "Does uncertainty surrounding inflation forecasts predict their accuracy?
  [L'incertitude autour des prévisions d’inflation prédit-elle leur précision ?]," Eco Notepad, Banque de France, number 461, Oct.
• Khazan Bakhshaliyev & Farid Muradzada & Vugar Ahmadov, 2026, "Azerbaijan’s Natural Rate of Interest: Where Are We Now?," Working Papers, Central Bank of Azerbaijan Republic, number 2602, Mar.
• Kakeru Sudo & Naoki Funada & Ryoichi Okuma, 2026, "Granular Insights into Depositor Dynamics and Deposit Spreads in Japanese G-SIBs' Foreign Currency Deposits," Bank of Japan Review Series, Bank of Japan, number 26-E-12, Sep.
• David Ching-Vindas & Catalina Sandoval-Alvarado & Carlos Segura-Rodriguez, 2026, "Extreme Hydrometeoroligal Shocks and Inflation: Evidence from Costa Rica," Documentos de Trabajo, Banco Central de Costa Rica, number 2608, Sep.
• Massimiliano Sala & Daniela Visetti, 2026, "Exchange Rate Determination for Cryptocurrency Mergers: A Formal Framework," Papers, arXiv.org, number 2609.39264, Sep.

Report NEP-MON-2026-10-05

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: