How Major Central Banks Reacted to the Inflationary Wave of the Early 2020s - The Case of the ECB
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Harding, Martín & Lindé, Jesper & Trabandt, Mathias, 2023.
"Understanding post-COVID inflation dynamics,"
Journal of Monetary Economics, Elsevier, vol. 140(S), pages 101-118.
- Martin Harding & Jesper Lindé & Mathias Trabandt, 2022. "Understanding Post-COVID Inflation Dynamics," Staff Working Papers 22-50, Bank of Canada.
- Martín Harding & Jesper Lindé & Mathias Trabandt, 2023. "Understanding post-Covid inflation dynamics," BIS Working Papers 1077, Bank for International Settlements.
- Martin Harding & Jesper Lindé & Mathias Trabandt, 2023. "Understanding Post-COVID Inflation Dynamics," IMF Working Papers 2023/010, International Monetary Fund.
- Wendy Edelberg & David A. Marshall, 1996. "Monetary policy shocks and long-term interest rates," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 20(Mar), pages 2-17.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Verbrugge, Randal & Zaman, Saeed, 2023.
"The hard road to a soft landing: Evidence from a (modestly) nonlinear structural model,"
Energy Economics, Elsevier, vol. 123(C).
- Randal J. Verbrugge & Saeed Zaman, 2023. "The Hard Road to a Soft Landing: Evidence from a (Modestly) Nonlinear Structural Model," Working Papers 23-03, Federal Reserve Bank of Cleveland.
- Joseph, Andreas & Potjagailo, Galina & Chakraborty, Chiranjit & Kapetanios, George, 2024.
"Forecasting UK inflation bottom up,"
International Journal of Forecasting, Elsevier, vol. 40(4), pages 1521-1538.
- Joseph, Andreas & Kalamara, Eleni & Kapetanios, George & Potjagailo, Galina & Chakraborty, Chiranjit, 2021. "Forecasting UK inflation bottom up," Bank of England working papers 915, Bank of England, revised 27 Sep 2022.
- repec:hal:spmain:info:hdl:2441/5221 is not listed on IDEAS
- Carlo Favero & Francesco Giavazzi, 2008.
"Should the Euro Area Be Run as a Closed Economy?,"
American Economic Review, American Economic Association, vol. 98(2), pages 138-145, May.
- Carlo Favero & Francesco Giavazzi, 2008. "Should the Euro Area be Run as a Closed Economy?," Working Papers 331, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- Giavazzi, Francesco & Favero, Carlo A., 2008. "Should the Euro Area be Run as a Closed Economy?," CEPR Discussion Papers 6654, C.E.P.R. Discussion Papers.
- Jennifer E. Roush, 2001. "Evidence uncovered: long-term interest rates, monetary policy, and the expectations theory," International Finance Discussion Papers 712, Board of Governors of the Federal Reserve System (U.S.).
- Alexander Berglund & Massimo Guidolin & Manuela Pedio, 2020. "Monetary policy after the crisis: A threat to hedge funds' alphas?," Journal of Asset Management, Palgrave Macmillan, vol. 21(3), pages 219-238, May.
- Bhattacharyya, Indranil & Sensarma, Rudra, 2008. "How effective are monetary policy signals in India," Journal of Policy Modeling, Elsevier, vol. 30(1), pages 169-183.
- Shu Wu, 2008.
"Monetary Policy And Long‐Term Interest Rates,"
Contemporary Economic Policy, Western Economic Association International, vol. 26(3), pages 398-408, July.
- Shu Wu, 2005. "Monetary Policy and Long-term Interest Rates," WORKING PAPERS SERIES IN THEORETICAL AND APPLIED ECONOMICS 200512, University of Kansas, Department of Economics, revised Apr 2005.
- Xiwen Bai & Jesús Fernández-Villaverde & Yiliang Li & Francesco Zanetti, 2024.
"The Causal Effects of Global Supply Chain Disruptions on Macroeconomic Outcomes: Evidence and Theory,"
Economics Series Working Papers
1033, University of Oxford, Department of Economics.
- Xiwen Bai & Jesús Fernández-Villaverde & Yiliang Li & Francesco Zanetti, 2024. "The Causal Effects of Global Supply Chain Disruptions on Macroeconomic Outcomes: Evidence and Theory," NBER Working Papers 32098, National Bureau of Economic Research, Inc.
- Xiwen Bai & Jesús Fernández-Villaverde & Yiliang Li & Francesco Zanetti, 2024. "The Causal Effects of Global Supply Chain Disruptions on Macroeconomic Outcomes: Evidence and Theory," Discussion Papers 2405, Centre for Macroeconomics (CFM).
- Xiwen Bai & Jesús Fernández-Villaverde & Yiliang Li & Francesco Zanetti, 2024. "The Causal Effects of Global Supply Chain Disruptions on Macroeconomic Outcomes: Evidence and Theory," CAMA Working Papers 2024-09, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Francesco Zanetti & Xiwen Bai & Jesús Fernández-Villaverde & Yiliang Li, 2024. "The Causal Effects of Global Supply Chain Disruptions on Macroeconomic Outcomes: Evidence and Theory," CIGS Working Paper Series 24-003E, The Canon Institute for Global Studies.
- Xiwen Bai & Jesús Fernández-Villaverde & Yiliang Li & Francesco Zanetti, 2024. "The Causal Effects of Global Supply Chain Disruptions on Macroeconomic Outcomes: Evidence and Theory," PIER Working Paper Archive 24-001, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
- Xiwen Bai & Jesús Fernández-Villaverde & Yiliang Li & Francesco Zanetti, 2024. "The Causal Effects of Global Supply Chain Disruptions on Macroeconomic Outcomes: Evidence and Theory," CESifo Working Paper Series 10930, CESifo.
- Bai, Xiwen & Fernández-Villaverde, Jesús & Li, Yiliang & Zanetti, Francesco, 2024. "The Causal Effects of Global Supply Chain Disruptions on Macroeconomic Outcomes: Evidence and Theory," CEPR Discussion Papers 18785, C.E.P.R. Discussion Papers.
- De Santis, Roberto A. & Tornese, Tommaso, 2023. "Energy supply shocks’ nonlinearities on output and prices," Working Paper Series 2834, European Central Bank.
- Monticini & Vaciago, 2004.
"Are Europe Interest Rates led by FED's Announcements?,"
Macroeconomics
0407025, University Library of Munich, Germany.
- Andrea Monticini & Giacomo Vaciago, 2005. "Are Europe's Interest Rates led by FED Announcements?," Macroeconomics 0507022, University Library of Munich, Germany.
- Cao, Fangzhi & Su, Chi-Wei & Sun, Dian & Qin, Meng & Umar, Muhammad, 2024. "U.S. monetary policy: The pushing hands of crude oil price?," Energy Economics, Elsevier, vol. 134(C).
- repec:spo:wpmain:info:hdl:2441/5221 is not listed on IDEAS
- Galstyan, Vahagn, 2023. "Understanding the Joint Dynamics of Inflation and Wage Growth in the Euro Area," Research Technical Papers 11/RT/23, Central Bank of Ireland.
- Cardani, Roberta & Pfeiffer, Philipp & Ratto, Marco & Vogel, Lukas, 2023.
"The COVID-19 recession on both sides of the Atlantic: A model-based comparison,"
European Economic Review, Elsevier, vol. 158(C).
- Roberta Cardani & Philipp Pfeiffer & Marco Ratto & Lukas Vogel, 2023. "The COVID-19 Recession on Both Sides of the Atlantic: A Model-Based Comparison," European Economy - Discussion Papers 191, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
- Roberta Cardani & Philipp Pfeiffer & Marco Ratto & Lukas Vogel, 2023. "The COVID-19 recession on both sides of the Atlantic: A model-based comparison," LIDAM Discussion Papers IRES 2023014, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
- Lee, Jim, 2006. "The impact of federal funds target changes on interest rate volatility," International Review of Economics & Finance, Elsevier, vol. 15(2), pages 241-259.
- Kahn, Michael & Kandel, Shmuel & Sarig, Oded, 2002. "Real and nominal effects of central bank monetary policy," Journal of Monetary Economics, Elsevier, vol. 49(8), pages 1493-1519, November.
- Kwamie Dunbar, 2008. "The Impact of the FOMC's Monetary Policy Actions on the growth of Credit Risk: the Monetary Policy - Liquidity Paradox," Working papers 2008-05, University of Connecticut, Department of Economics.
- Kuttner, Kenneth N., 2001.
"Monetary policy surprises and interest rates: Evidence from the Fed funds futures market,"
Journal of Monetary Economics, Elsevier, vol. 47(3), pages 523-544, June.
- Kenneth N. Kuttner, 2000. "Monetary policy surprises and interest rates: evidence from the Fed funds futures markets," Staff Reports 99, Federal Reserve Bank of New York.
- Roush, Jennifer E., 2007. "The expectations theory works for monetary policy shocks," Journal of Monetary Economics, Elsevier, vol. 54(6), pages 1631-1643, September.
- Flavio V Vieira & Cleomar Gomes da Silva, 2024. "Global inflation before and after the covid-19 pandemic: a panel data approach," Economics Bulletin, AccessEcon, vol. 44(3), pages 889-903.
- Dao, Mai & Dizioli, Allan Gloe & Jackson, Chris & Gourinchas, Pierre-Olivier & Leigh, Daniel, 2023.
"Unconventional Fiscal Policy in Times of High Inflation,"
CEPR Discussion Papers
18435, C.E.P.R. Discussion Papers.
- Mai Dao & Allan Dizioli & Chris Jackson & Pierre-Olivier Gourinchas & Mr. Daniel Leigh, 2023. "Unconventional Fiscal Policy in Times of High Inflation," IMF Working Papers 2023/178, International Monetary Fund.
More about this item
Keywords
inflation; monetary policy; euro area; interest rate rule;All these keywords.
JEL classification:
- E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
- E43 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Interest Rates: Determination, Term Structure, and Effects
- E47 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Forecasting and Simulation: Models and Applications
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mnb:finrev:v:22:y:2023:i:4:p:31-57. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Morvay Endre The email address of this maintainer does not seem to be valid anymore. Please ask Morvay Endre to update the entry or send us the correct address (email available below). General contact details of provider: https://edirc.repec.org/data/mnbgvhu.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.