Report NEP-MON-2020-06-15

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.

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Other reports in NEP-MON

The following items were announced in this report:

• Funke, Michael & Tsang, Andrew, 2020. "The People's Bank of China's response to the coronavirus pandemic - A quantitative assessment," BOFIT Discussion Papers 12/2020, Bank of Finland, Institute for Economies in Transition.
• Item repec:aer:wpaper:249 is not listed on IDEAS anymore

• B De Rezende, Rafael & Ristiniemi, Annukka, 2020. "A shadow rate without a lower bound constraint," Bank of England working papers 864, Bank of England.
• Kortelainen, Mika, 2020. "Yield curve control," BoF Economics Review 5/2020, Bank of Finland.
• Taisuke Nakata & Sebastian Schmidt & Paul Yoo, 2020. "Speed Limit Policy and Liquidity Traps," CARF F-Series CARF-F-480, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
• Barbone Gonzalez, Rodrigo & Khametshin, Dmitry & Peydró, José-Luis & Polo, Andrea, 2022. "Hedger of Last Resort: Evidence from Brazil on FX Interventions, Local Credit and Global Financial Cycles," EconStor Preprints 216798, ZBW - Leibniz Information Centre for Economics.
• Taisuke Nakata & Hiroatsu Tanaka, 2020. "Equilibrium Yield Curves and the Interest Rate Lower Bound," CARF F-Series CARF-F-482, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
• Paolo Gelain & Simone Manganelli, 2020. "Monetary Policy with Judgment," Working Papers 20-14, Federal Reserve Bank of Cleveland.
• Michael J. Fleming, 2020. "Treasury Market Liquidity and the Federal Reserve during the COVID-19 Pandemic," Liberty Street Economics 20200529a, Federal Reserve Bank of New York.
• Issing, Otmar, 2020. "Encompassing monetary policy strategy review," SAFE White Paper Series 68, Leibniz Institute for Financial Research SAFE.
• Dave, Chetan & Dressler, Scott J. & Zhang, Lei, 2020. "Bank Lending, Monetary Policy Transmission, and Interest on Excess Reserves: A FAVAR Analysis," Working Papers 2020-6, University of Alberta, Department of Economics.
• Camille Cornand & Paul Hubert, 2020. "On the external validity of experimental inflation forecasts: A comparison with five categories of field expectations," SciencePo Working papers Main halshs-01890770, HAL.
• Giovanni Pellegrino, 2020. "Uncertainty and Monetary Policy in the US: A Journey into Non-Linear Territory," Economics Working Papers 2020-05, Department of Economics and Business Economics, Aarhus University.
• Paolo Cavallino & Fiorella De Fiore, 2020. "Central banks' response to Covid-19 in advanced economies," BIS Bulletins 21, Bank for International Settlements.
• Richhild Moessner & Előd Takáts, 2020. "How well-anchored are long-term inflation expectations?," BIS Working Papers 869, Bank for International Settlements.
• Item repec:spo:wpmain:info:hdl:2441/48v4b2d60n9bipfp9hcmbgtucs is not listed on IDEAS anymore

• Ca' Zorzi, Michele & Dedola, Luca & Georgiadis, Georgios & Jarociński, Marek & Stracca, Livio & Strasser, Georg, 2020. "Monetary policy and its transmission in a globalised world," Working Paper Series 2407, European Central Bank.
• Yavuz Arslan & Mathias Drehmann & Boris Hofmann, 2020. "Central bank bond purchases in emerging market economies," BIS Bulletins 20, Bank for International Settlements.
• Philip Coyle & Taisuke Nakata, 2020. "Optimal Inflation Target with Expectations-Driven Liquidity Traps," CARF F-Series CARF-F-485, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
• Gebauer, Stefan & Mazelis, Falk, 2020. "Macroprudential regulation and leakage to the shadow banking sector," Working Paper Series 2406, European Central Bank.
• Item repec:aer:wpaper:93 is not listed on IDEAS anymore

• Alexander Lipton & Aetienne Sardon & Fabian Schar & Christian Schupbach, 2020. "From Tether to Libra: Stablecoins, Digital Currency and the Future of Money," Papers 2005.12949, arXiv.org.
• Flora Budianto & Taisuke Nakata & Sebastian Schmidt, 2020. "Average Inflation Targeting and the Interest Rate Lower Bound," CARF F-Series CARF-F-486, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
• Timothy Hills & Taisuke Nakata & Takeki Sunakawa, 2020. "A Promised Value Approach to Optimal Monetary Policy," CARF F-Series CARF-F-481, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
• Francesco Bianchi & Renato Faccini & Leonardo Melosi, 2020. "Monetary and Fiscal Policies in Times of Large Debt: Unity is Strength," Working Paper Series WP 2020-13, Federal Reserve Bank of Chicago.
• Item repec:aer:wpaper:252 is not listed on IDEAS anymore

• Item repec:aer:wpaper:72 is not listed on IDEAS anymore

• Yunjong Eo & Denny Lie, 2020. "Changes in the Inflation Target and the Comovement between Inflation and the Nominal Interest Rate," Discussion Paper Series 2003, Institute of Economic Research, Korea University.
• Pierre L. Siklos, 2020. "Inflation dynamics: Expectations, structural breaks and global factors," CAMA Working Papers 2020-53, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
• Blanco Barroso, Joao & Barbone Gonzalez, Rodrigo & Peydró, José-Luis & Nazar van Doornik, Bernardus, 2019. "Countercyclical Liquidity Policy and Credit Cycles: Evidence from Macroprudential and Monetary Policy in Brazil," EconStor Preprints 216792, ZBW - Leibniz Information Centre for Economics.
• Juan Carlos Medina Guirado, 2020. "Unconventional monetary policy and credit market activity," Estudios Regionales en Economía, Población y Desarrollo. Cuadernos de Trabajo de la Universidad Autónoma de Ciudad Juárez. 57, Cuerpo Académico 41 de la Universidad Autónoma de Ciudad Juárez, revised 04 Jan 2020.
• Hess Chung & Etienne Gagnon & Taisuke Nakata & Matthias Paustian & Bernd Schlusche & James Trevino & Diego Vilán & Wei Zheng, 2020. "Monetary Policy Options at the Effective Lower Bound: Assessing the Federal Reserve’s Current Policy Toolkit," CARF F-Series CARF-F-483, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
• Maximilian Bock & Martin Feldkircher & Pierre L. Siklos, 2020. "International effects of euro area forward guidance," CAMA Working Papers 2020-54, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
• Stuart, Rebecca, 2020. "Monetary regimes, the term structure and business cycles in Ireland, 1972-2018," QUCEH Working Paper Series 2020-03, Queen's University Belfast, Queen's University Centre for Economic History.
• Item repec:aer:wpaper:77 is not listed on IDEAS anymore

• Item repec:aer:wpaper:230 is not listed on IDEAS anymore

• Taisuke Nakata & Takeki Sunakawa, 2020. "Credible Forward Guidance," CARF F-Series CARF-F-484, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
• Stefano Fasani & Haroon Mumtaz & Lorenza Rossi, 2020. "Monetary Policy Uncertainty and Firm Dynamics," Working Papers 903, Queen Mary University of London, School of Economics and Finance.
• Fendoglu, Salih & Gulsen, Eda & Peydró, José-Luis, 2019. "Global Liquidity and Impairment of Local Monetary Policy," EconStor Preprints 216794, ZBW - Leibniz Information Centre for Economics.
• Gordon Y. Liao & Tony Zhang, 2020. "The Hedging Channel of Exchange Rate Determination," International Finance Discussion Papers 1283, Board of Governors of the Federal Reserve System (U.S.).
• Morais, Bernardo & Peydró, José-Luis & Roldán-Peña, Jessica & Ruiz-Ortega, Claudia, 2019. "The international bank lending channel of monetary policy rates and QE: Credit supply, reach-for-yield, and real effects," EconStor Preprints 216785, ZBW - Leibniz Information Centre for Economics.
• Cukierman, Alex, 2020. "COVID-19, Helicopter Money & the Fiscal-Monetary Nexus," CEPR Discussion Papers 14734, C.E.P.R. Discussion Papers.
• Grégory LEVIEUGE & Jose David GARCIA REVELO, 2020. "When could macroprudential and monetary policies be in conflict?," LEO Working Papers / DR LEO 2749, Orleans Economics Laboratory / Laboratoire d'Economie d'Orleans (LEO), University of Orleans.
• Mariarosaria Comunale, 2020. "Shock dependence of exchange rate pass-through: A comparative analysis of BVARs and DSGEs," CAMA Working Papers 2020-32, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
• Item repec:aer:wpaper:49 is not listed on IDEAS anymore

• Cho, Deaha & Han, Yoonshin & Oh, Joonseok & Rogantini Picco, Anna, 2020. "Optimal Monetary Policy and Uncertainty Shocks," Dynare Working Papers 61, CEPREMAP.