Report NEP-MON-2025-01-27

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:

• Coleman, Winnie & Nautz, Dieter, 2025. "Asymmetric inflation target credibility," Discussion Papers 2025/1, Free University Berlin, School of Business & Economics.
• Mr. Philip Barrett & Brandon Tan, 2025. "Immigration and Local Inflation," IMF Working Papers 2025/005, International Monetary Fund.
• Chen, Zhengyang, 2025. "From Money Growth to Consumer Spending: Forecasting with Divisia Monetary Aggregates," EconStor Preprints 308692, ZBW - Leibniz Information Centre for Economics.
• Shin-ichi Fukuda & Naoto Soma, "undated". "The Evolution of Inflation Expectations in Japan," CIRJE F-Series CIRJE-F-1238, CIRJE, Faculty of Economics, University of Tokyo.
• Joshua Aizenman & Jamel Saadaoui, 2024. "How Institutions Interact with Exchange Rates After the 2024 US Presidential Election: New High-Frequency Evidence," NBER Working Papers 33193, National Bureau of Economic Research, Inc.
• Gary Richardson & David W. Wilcox, 2024. "Federal Reserve Independence and Congressional Intent: A Reappraisal of Marriner Eccles’ Role in the Reformulation of the Fed in 1935," NBER Working Papers 33174, National Bureau of Economic Research, Inc.
• Lovisa Reiche, 2024. "Beyond Groceries: Financial Confidence and the Gender Gap in Inflation Expectations," CESifo Working Paper Series 11588, CESifo.
• Gauti B. Eggertsson & Finn D. Schüle, 2024. "The Forward Guidance Puzzle is not a Puzzle," NBER Working Papers 33180, National Bureau of Economic Research, Inc.
• Altavilla, Carlo & Rostagno, Massimo & Schumacher, Julian, 2025. "When banks hold back: credit and liquidity provision," Working Paper Series 3009, European Central Bank.
• Christian de Boissieu, 2023. "Central Bank digital currencies: where do we stand? Where are we going?," Policy briefs on Trade Dynamics and Policies 2301, Policy Center for the New South.
• Zhesheng Qiu & Yicheng Wang & Le Xu & Francesco Zanetti, 2025. "Monetary Policy in Open Economies with Production Networks," CAMA Working Papers 2025-03, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
• Olivier Armantier & Marco Cipriani & Asani Sarkar, 2025. "Discount Window Stigma After the Global Financial Crisis," Liberty Street Economics 20250117, Federal Reserve Bank of New York.
• Item repec:hal:journl:hal-04768503 is not listed on IDEAS anymore

• Burlon, Lorenzo & Ferrari, Alessandro & Kho, Stephen & Tushteva, Nikoleta, 2025. "Why gradual and predictable? Bank lending during the sharpest quantitative tightening ever," Working Paper Series 3010, European Central Bank.
• Luís de Carvalho Campos & Lígia Maria Nunes & Mafalda Sousa Trincão & Bruno Tissot, 2023. "How central banks communicate on official statistics," IFC Reports 15, Bank for International Settlements.
• Bill Dupor & Marie Hogan & Jingchao Li, 2024. "A Decomposition of the Phillips Curve’s Flattening," Working Papers 2025-002, Federal Reserve Bank of St. Louis.
• David Borner, 2025. "Central bank information and pure monetary policy surprises in Switzerland," Working Papers 2025-01, Swiss National Bank.
• Item repec:hal:journl:hal-04808798 is not listed on IDEAS anymore

• Laurence M. Ball & Junnan Zhang, 2024. "A Simple Model of Average Inflation Targeting," NBER Working Papers 33160, National Bureau of Economic Research, Inc.
• Item repec:hal:journl:hal-04812626 is not listed on IDEAS anymore

• Maria Atamanchuk & Alejandro Hajdenberg & Dalia Kadissi & Giulio Lisi & Nasir H Rao, 2025. "Drivers of Inflation in the Caucasus and Central Asia," IMF Working Papers 2025/003, International Monetary Fund.
• Item repec:hal:journl:hal-04816678 is not listed on IDEAS anymore

• Item repec:hal:journl:hal-04784299 is not listed on IDEAS anymore

• Item repec:hal:journl:hal-04773860 is not listed on IDEAS anymore

• Jiti Gao & Fei Liu & Bin Peng & Yanrong Yang, 2024. "Localized Neural Network Modelling of Time Series: A Case Study on US Monetary Policy," Monash Econometrics and Business Statistics Working Papers 14/24, Monash University, Department of Econometrics and Business Statistics.
• Ricardo J. Caballero & Tomás E. Caravello & Alp Simsek, 2024. "Financial Conditions Targeting," NBER Working Papers 33206, National Bureau of Economic Research, Inc.
• Item repec:hal:journl:hal-04792972 is not listed on IDEAS anymore

• Fu, Bowen & Mendieta-Munoz, Ivan, 2025. "Trend inflation and structural shocks," EconStor Preprints 308793, ZBW - Leibniz Information Centre for Economics.
• Jim Bullard & Alex Grimaud & Isabelle Salle & Gauthier Vermandel, 2025. "Soft Landing and Inflation Scares," Tinbergen Institute Discussion Papers 25-001/VI, Tinbergen Institute.
• Marcos Cardozo & Yaroslav Rosokha & Cathy Zhang, 2024. "On the Emergence of International Currencies: An Experimental Approach," Purdue University Economics Working Papers 1351, Purdue University, Department of Economics.
• Grasso, Adriana & Poinelli, Andrea, 2025. "Flexible asset purchases and repo market functioning," Working Paper Series 3013, European Central Bank.
• Miguel Faria-e-Castro, 2025. "A Look at Inflation in Recent Years through the Lens of a Macroeconomic Model," On the Economy 99413, Federal Reserve Bank of St. Louis.
• Kris James Mitchener & Kirsten Wandschneider, 2024. "Currency Wars and Trade," CESifo Working Paper Series 11589, CESifo.
• H. Burcu Gürcihan, 2025. "Monetary and Environmental Policy in a Heterogeneous Agent Model," Working Papers 2502, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
• Jan Pruser, 2024. "A large non-Gaussian structural VAR with application to Monetary Policy," Papers 2412.17598, arXiv.org.
• Diego Bonelli & Berardino Palazzo & Ram S. Yamarthy, 2025. "“Good” Inflation, “Bad” Inflation: Implications for Risky Asset Prices," Finance and Economics Discussion Series 2025-002, Board of Governors of the Federal Reserve System (U.S.).
• Saki Bigio & Nicolas Caramp & Dejanir Silva, 2024. "Sticky Inflation: Monetary Policy when Debt Drags Inflation Expectations," NBER Working Papers 33190, National Bureau of Economic Research, Inc.
• Dück, Alexander & Verona, Fabio, 2025. "Beyond one-size-fits-all: Designing monetary policy for diverse models and frequencies," Bank of Finland Research Discussion Papers 2/2025, Bank of Finland.
• Gauti B. Eggertsson & Sergey K. Egiev, 2024. "Liquidity Traps: A Unified Theory of the Great Depression and Great Recession," NBER Working Papers 33195, National Bureau of Economic Research, Inc.