Discussion paper DP16465 Bottleneck effects of monetary policy Frederic Boissay Emilia Garcia-Appendini Steven Ongena 24 Feb 2022 Monetary policy transmission Supply chain Aggregate demand Cost channel Financial Economics E52 G32
VoxEU Column Ripple effects of monetary policy Emilia Garcia-Appendini Steven Ongena 14 Sep 2021 Macroeconomic policy Monetary Policy monetary policy Financial constraints Monetary policy transmission intermediate goods producers Input-output linkages
Discussion paper DP16196 When Does Monetary Policy Sway House Prices? A Meta-Analysis Tomas Havranek Dominika Kolcunova Josef Bajzik 27 May 2021 Iinterest rates House prices Monetary policy transmission Meta-analysis Publication bias Bayesian model averaging Monetary Economics and Fluctuations C83 E52 R21
Discussion paper DP15553 The Deposits Channel of Monetary Policy: A Critical Review Rafael Repullo 13 Dec 2020 Monetary policy transmission Banks' market power Deposits channel Financial Economics Monetary Economics and Fluctuations E52 G21 L13
Discussion paper DP14989 Nonbanks, Banks, and Monetary Policy: U.S. Loan-Level Evidence since the 1990s José-Luis Peydró David Elliott Ralf Meisenzahl Bryce C. Turner 3 Jul 2020 Nonbank intermediaries Banks Monetary policy transmission Household and corporate loans Credit and risk-taking channel Monetary Economics and Fluctuations E51 E52 G21 G23 G28
VoxEU Column Household indebtedness did not weaken US monetary transmission post-crisis Gaston Gelos Federico Grinberg Shujaat Khan Tommaso Mancini-Griffoli Machiko Narita Umang Rawat 28 Feb 2019 Global crisis Macroeconomic policy Monetary Policy Us Household debt Monetary policy transmission Global crisis Liquidity
VoxEU Column Non-performing loans and the credit allocation mechanism Paolo Angelini 12 Apr 2018 Financial Regulation and Banking Monetary Policy Nonperforming loans nonperforming loan stocks Bank of Italy Monetary policy transmission Zombie firms
Discussion paper DP12013 Model Uncertainty in Macroeconomics: On the Implications of Financial Frictions Volker Wieland Philipp Lieberknecht 28 Apr 2017 Model uncertainty Model comparison New keynesian dsge Financial frictions Monetary policy transmission Fiscal policy transmission Macroprudential policy transmission Robust monetary policy Forecasting Monetary Economics and Fluctuations E17 E44 E47 E52
VoxEU Column Keeping policy rates persistently low: Implications for the monetary transmission mechanism Carlos Garriga Finn Kydland Roman Šustek 16 Oct 2016 Financial Regulation and Banking Macroeconomic policy Monetary Policy Financial crisis Central banks Zero lower bound Low inflation sticky price channel Monetary policy transmission Mortgage debt Redistribution New Keynesianism Phillips curve
Discussion paper DP11394 Monetary Policy, Financial Conditions, and Financial Stability Tobias Adrian Nellie Liang 16 Jul 2016 Risk taking channel of monetary policy Monetary policy transmission Monetary policy rules Financial stability Financial conditions Macroprudential policy Leaning against the wind Financial Economics Monetary Economics and Fluctuations
Discussion paper DP10138 Menu Costs, Aggregate Fluctuations, and Large Shocks Peter Karadi 14 Sep 2014 Monetary policy transmission Price change distribution State-dependent pricing Value-added tax International Macroeconomics E31 E52
Discussion paper DP9824 Monetary Policy Surprises, Credit Costs and Economic Activity Mark Gertler Peter Karadi 9 Feb 2014 Credit spread External instrument Forward guidance High-frequency identification Monetary policy transmission Structural var Term premium International Macroeconomics E43 E44 E52
