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Stock market's assessment of monetary policy transmission: The cash flow effect
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Cited by:
- Kolasa, Marcin & Wesołowski, Grzegorz, 2023.
"Quantitative easing in the US and financial cycles in emerging markets,"
Journal of Economic Dynamics and Control, Elsevier, vol. 149(C).
- Marcin Kolasa & Grzegorz Wesołowski, 2021. "Quantitative Easing in the US and Financial Cycles in Emerging Markets," KAE Working Papers 2021-063, Warsaw School of Economics, Collegium of Economic Analysis.
- Marcin Kolasa & Grzegorz Wesołowski, 2022. "Quantitative Easing in the US and Financial Cycles in Emerging Markets," Working Papers 2022-15, Faculty of Economic Sciences, University of Warsaw.
- Jarociński, Marek, 2024.
"Estimating the Fed’s unconventional policy shocks,"
Journal of Monetary Economics, Elsevier, vol. 144(C).
- Jarociński, Marek, 2021. "Estimating the Fed’s Unconventional Policy Shocks," Working Paper Series 20210, European Central Bank.
- Auer, Simone & Bernardini, Marco & Cecioni, Martina, 2021.
"Corporate leverage and monetary policy effectiveness in the euro area,"
European Economic Review, Elsevier, vol. 140(C).
- Simone Auer & Marco Bernardini & Martina Cecioni, 2019. "Corporate Leverage and Monetary Policy Effectiveness in the Euro Area," 2019 Meeting Papers 1102, Society for Economic Dynamics.
- Simone Auer & Marco Bernardini & Martina Cecioni, 2019. "Corporate Leverage and Monetary Policy Effectiveness in the Euro Area," Temi di discussione (Economic working papers) 1258, Bank of Italy, Economic Research and International Relations Area.
- Varela, Liliana & Alfaro, Laura & Calani, Mauricio, 2021.
"Granular Corporate Hedging Under Dominant Currency,"
CEPR Discussion Papers
16232, C.E.P.R. Discussion Papers.
- Laura Alfaro & Mauricio Calani & Liliana Varela, 2023. "Granular Corporate Hedging Under Dominant Currency," Discussion Papers 2315, Centre for Macroeconomics (CFM).
- Laura Alfaro & Mauricio Calani & Liliana Varela, 2021. "Granular Corporate Hedging Under Dominant Currency," NBER Working Papers 28910, National Bureau of Economic Research, Inc.
- Rachel Cho & Christoph Görtz & Danny McGowan & Max Schröder, 2025. "Defining Current and Expected Financial Constraints Using AI: Reinterpreting the Cash Flow Sensitivity of Cash," CESifo Working Paper Series 12054, CESifo.
- Jarociński, Marek, 2022.
"Central bank information effects and transatlantic spillovers,"
Journal of International Economics, Elsevier, vol. 139(C).
- Jarociński, Marek, 2020. "Central bank information effects and transatlantic spillovers," Working Paper Series 2482, European Central Bank.
- Max Breitenlechner & Martin Geiger & Mathias Klein, 2024. "The Fiscal Channel of Monetary Policy," Working Papers 2024-07, Faculty of Economics and Statistics, Universität Innsbruck.
- Gareth Anderson & Ambrogio Cesa-Bianchi, 2020.
"Crossing the Credit Channel: Credit Spreads and Firm Heterogeneity,"
Discussion Papers
2005, Centre for Macroeconomics (CFM).
- Gareth Anderson & Ambrogio Cesa-Bianchi, 2020. "Crossing the credit channel: credit spreads and firm heterogeneity," Bank of England working papers 854, Bank of England.
- Cesa-Bianchi, Ambrogio & Anderson, Gareth, 2020. "Crossing the Credit Channel: Credit Spreads and Firm Heterogeneity," CEPR Discussion Papers 14426, C.E.P.R. Discussion Papers.
- Gareth Anderson & Ambrogio Cesa-Bianchi, 2020. "Crossing the Credit Channel: Credit Spreads and Firm Heterogeneity," IMF Working Papers 2020/267, International Monetary Fund.
- Priit Jeenas, 2023.
"Firm Balance Sheet Liquidity, Monetary Policy Shocks, and Investment Dynamics,"
Working Papers
1409, Barcelona School of Economics.
- Priit Jeenas, 2023. "Firm balance sheet liquidity, monetary policy shocks, and investment dynamics," Economics Working Papers 1872, Department of Economics and Business, Universitat Pompeu Fabra.
- KÄ rlis Vilerts & Sofia Anyfantaki & KonstantÄ«ns Beņkovskis & Sebastian Bredl & Massimo Giovannini & Florian Matthias Horky & Vanessa Kunzmann & Tibor Lalinský & Athanasios Lampousis & Elizaveta Lu, 2025.
"Details matter: loan pricing and transmission of monetary policy in the euro area,"
Working Papers
345, Bank of Greece.
- Vilerts, Kārlis & Anyfantaki, Sofia & Beᶇkovskis, Konstantīns & Bredl, Sebastian & Giovannini, Massimo & Horky, Florian Matthias & Kunzmann, Vanessa & Lalinský, Tibor & Lampousis, Athanasios & Lukmano, 2025. "Details matter: Loan pricing and transmission of monetary policy in the euro area," Discussion Papers 21/2025, Deutsche Bundesbank.
- Anyfantaki, Sofia & Benkovskis, Konstantins & Kunzmann, Vanessa & Lalinsky, Tibor & Petroulakis, Filippos & Zutis, Klavs & Vilerts, Kārlis & Bredl, Sebastian & Giovannini, Massimo & Horky, Florian Mat, 2025. "Details matter: loan pricing and transmission of monetary policy in the euro area," Working Paper Series 3078, European Central Bank.
- Vilerts, Karlis & Anyfantaki, Sofia & Benkovskis, Konstantins & Bredl, Sebastian & Giovannini, Massimo & Matthias Horky, Florian & Kunzmann, Vanessa & Lalinský, Tibor & Lampousis, Athanasios & Lukmano, 2025. "Details Matter: Loan Pricing and Transmission of Monetary Policy in the Euro Area," Research Technical Papers 8/RT/25, Central Bank of Ireland.
- Karlis Vilerts & Sofia Anyfantaki & Konstantins Benkovskis & Sebastian Bredl & Massimo Giovannini & Florian Matthias Horky & Vanessa Kunzmann & Tibor Lalinsky & Athanasios Lampousis & Elizaveta Lukman, 2025. "Details Matter: Loan Pricing and Transmission of Monetary Policy in the Euro Area," Working Papers 2025/04, Latvijas Banka.
- Darmouni, Olivier & Geisecke, Oliver & Rodnyanky, Alexander, 2019.
"The Bond Lending Channel of Monetary Policy,"
MPRA Paper
95141, University Library of Munich, Germany.
- Rodnyansky, Alexander & Darmouni, Olivier, 2020. "The Bond Lending Channel of Monetary Policy," CEPR Discussion Papers 14659, C.E.P.R. Discussion Papers.
- Darmouni, O. & Giesecke, O. & Rodnyansky, R., 2020. "The Bond Lending Channel of Monetary Policy," Cambridge Working Papers in Economics 2049, Faculty of Economics, University of Cambridge.
- Salisu, Afees A. & Isah, Kazeem O. & Cepni, Oguzhan, 2024. "Conventional and unconventional shadow rates and the US state-level stock returns: Evidence from non-stationary heterogeneous panels," The Quarterly Review of Economics and Finance, Elsevier, vol. 97(C).
- Passos, Felipe Vieira & Carrasco-Gutierrez, Carlos Enrique & Loureiro, Paulo Roberto Amorim, 2024. "Monetary policy through the risk-taking channel: Evidence from an emerging market," The Quarterly Review of Economics and Finance, Elsevier, vol. 98(C).
- Walz, Stefan, 2024. "How does the fed affect corporate credit costs? Default risk, creditor segmentation and the post-FOMC drift," Journal of Monetary Economics, Elsevier, vol. 143(C).
- Fatih Kansoy & Dominykas Stasiulaitis, 2025. "Green Shields: The Role of ESG in Uncertain Times," Economics Series Working Papers 1082, University of Oxford, Department of Economics.
- Sui-Jade Ho & Oezer Karagedikli, 2021.
"Effects of Monetary Policy Communication in Emerging Market Economies: Evidence from Malaysia,"
MAGKS Papers on Economics
202126, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
- Sui-Jade Ho & Özer Karagedikli, 2021. "Effects of Monetary Policy Communication in Emerging Market Economies: Evidence from Malaysia," Working Papers wp44, South East Asian Central Banks (SEACEN) Research and Training Centre.
- Sui-Jade Ho & Ozer Karagedikli, 2021. "Effects of monetary policy communication in emerging market economies: Evidence from Malaysia," CAMA Working Papers 2021-67, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Giuliana, Raffaele & Reddan, Paul, 2025. "Non-bank Lenders to SMEs: Sensitivity to Financial Conditions," Research Technical Papers 5/RT/25, Central Bank of Ireland.
- Adra, Samer & Menassa, Elie, 2022. "The Fed’s dual shocks and the housing market," Economics Letters, Elsevier, vol. 218(C).
- Georgiadis, Georgios & Jarociński, Marek, 2023. "Global spillovers from multi-dimensional US monetary policy," Working Paper Series 2881, European Central Bank.
- Marie Alder & Nuno Coimbra & Urszula Szczerbowicz, 2025.
"Corporate debt structure and heterogeneous monetary policy transmission,"
IFC Bulletins chapters, in: Bank for International Settlements (ed.), Leveraging corporates' financial statements for policy insights, volume 65,
Bank for International Settlements.
- Marie Alder & Nuno Coimbra & Urszula Szczerbowicz, 2023. "Corporate Debt Structure and Heterogeneous Monetary Policy Transmission," Working papers 933, Banque de France.
- Alder, Marie & Coimbra, Nuno & Szczerbowicz, Urszula, 2024. "Corporate debt structure and heterogeneous monetary policy transmission," CEPR Discussion Papers 18787, C.E.P.R. Discussion Papers.
- Keweloh, Sascha A. & Hetzenecker, Stephan & Seepe, Andre, 2023. "Monetary policy and information shocks in a block-recursive SVAR," Journal of International Money and Finance, Elsevier, vol. 137(C).
- Central Bank of the Republic of Türkiye, 2025. "The heterogeneous impact of monetary policy announcements on firms' financial outcomes," BIS Papers chapters, in: Bank for International Settlements (ed.), How can central banks take account of differences across households and firms for monetary policy?, volume 127, pages 295-330, Bank for International Settlements.
- Cumming, Fergus, 2022.
"Mortgage cash-flows and employment,"
European Economic Review, Elsevier, vol. 144(C).
- Fergus Cumming, 2019. "Mortgage Cash-flows and Employment," Discussion Papers 1922, Centre for Macroeconomics (CFM).
- Patozi, A., 2023.
"Green Transmission: Monetary Policy in the Age of ESG,"
Cambridge Working Papers in Economics
2311, Faculty of Economics, University of Cambridge.
- Patozi, A., 2023. "Green Transmission: Monetary Policy in the Age of ESG," Janeway Institute Working Papers 2302, Faculty of Economics, University of Cambridge.
- Sharif, Taimur & Bouteska, Ahmed & Zoynul Abedin, Mohammad & Cotturone, Saulo, 2025. "An enquiry into the monetary policy and stock market shocks in the US," International Review of Economics & Finance, Elsevier, vol. 98(C).
- Adra, Samer & Barbopoulos, Leonidas G. & Saunders, Anthony, 2025. "The fed information shocks and the market for corporate control: Predictive and causal effects," Journal of Corporate Finance, Elsevier, vol. 90(C).
- Pesce, Simone & Errico, Marco & Pollio, Luigi, 2025. "Nonlinearities and heterogeneity in firms response to aggregate fluctuations: what can we learn from machine learning?," Working Paper Series 3107, European Central Bank.
- Zhandos Ybrayev & Serik Rustanov & Aknur Baglanova, 2025. "Corporate characteristics and firm’s financial fragility: evidence from Kazakhstan," International Economics and Economic Policy, Springer, vol. 22(4), pages 1-19, October.
- Okan Akarsu & Mehmet Selman Colak & Hatice Karahan & Huzeyfe Torun, 2025. "The Heterogeneous Impact of Monetary Policy Announcements on Firms’ Financial Outcomes," Working Papers 2514, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
- Jin Cao & Torje Hegna & Martin B. Holm & Ragnar Juelsrud & Tobias König & Mikkel Riiser, 2023. "The Investment Channel of Monetary Policy : Evidence from Norway," Working Paper 2023/5, Norges Bank.
- Isha Agarwal & Malin Hu & Raluca Roman & Keling Zheng, 2023. "Lending by Servicing: Monetary Policy Transmission Through Shadow Banks," Working Papers 23-14, Federal Reserve Bank of Philadelphia.
- Fatih Kansoy & Dominykas Stasiulaitis, 2025. "Green Shields: The Role of ESG in Uncertain Time," Papers 2506.02143, arXiv.org.
- Sajjadur Rahman, 2025. "The effects of conventional and unconventional monetary policy shocks on the stock market," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 49(2), pages 364-382, June.
- Kerola, Eeva & Laine, Olli-Matti & Paavola, Aleksi, 2025. "Heterogeneous responses to monetary policy: The role of floating rate loans," Bank of Finland Research Discussion Papers 7/2025, Bank of Finland.
- Schepens, Glenn & Core, Fabrizio & De Marco, Filippo & Eisert, Tim, 2025. "Inflation and floating-rate loans: evidence from the euro-area," Working Paper Series 3064, European Central Bank.
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