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Effective lower bound

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Firm Heterogeneity and Structural Transformation in Developing Countries: Seven Decades of Plant-Level Evidence from Colombia

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Gender roles, work and structural transformation in a patriarchal society: Evidence from a household panel survey on Ghana

Gender, work and structural transformation

Heterogeneous Impacts of Market Integration: Evidence from Pakistan's Motorways

How Formal Property Rights Shape Social and Economic Networks: Evidence from a Land Tenure Reform Implemented as Randomized Control-Trial

Informality and the Cost of Children in Developing Countries

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Measuring Global Industrial Policy: Patterns and Structure of IP Across Developing Economies, 2008-2020

Persistence of Inequality after the Apartheid: Assessing the role of Geography and Skills

Quantifying the Gains from Eradicating Malaria using a Structural Model

The impact of climate change on human capital accumulation: A macroeconomic perspective

The Impact of Multinationals on Informality: Evidence from Mexico

The interaction of public and private sector employment in least developed countries

Unpacking Economic Development: Evidence from Cohort- and Region-Level Data

Selected filters

Effective lower bound

Discussion paper

DP17187 Subjective Housing Price Expectations, Falling Natural Rates and the Optimal Inflation Target

Klaus Adam
Oliver Pfäuti

7 Apr 2022

Monetary Economics and Fluctuations
E31
E44
E52
E58

VoxEU Column

Key features of the ECB’s new monetary policy strategy: A New Keynesian perspective

Sebastian Schmidt

2 Mar 2022

Monetary Policy
EU institutions

Discussion paper

DP16403 Macroeconomic stabilisation and monetary policy effectiveness in a low-interest-rate environment

Günter Coenen
Carlos Montes-Galdón
Sebastian Schmidt

27 Jul 2021

Monetary Economics and Fluctuations
E31
E32
E37
E52
E58

Discussion paper

DP16050 Effects of State-Dependent Forward Guidance, Large-Scale Asset Purchases and Fiscal Stimulus in a Low-Interest-Rate Environment

Günter Coenen
Carlos Montes-Galdón
Frank Smets

18 Apr 2021

Monetary Economics and Fluctuations
E31
E32
E37
E52
E62

Discussion paper

DP16042 Should the ECB Adjust its Strategy in the Face of a Lower r*?

Philippe Andrade
Jordi Galí
Hervé Le Bihan
Julien Matheron

15 Apr 2021

Monetary Economics and Fluctuations
E31
E52
E58

Discussion paper

DP15923 SVARs With Occasionally-Binding Constraints

Boragan Aruoba
Marko Mlikota
Frank Schorfheide
Sergio Villalvazo

15 Mar 2021

Monetary Economics and Fluctuations
C11
C22
C34
E32
E52

Discussion paper

DP15689 The Exchange Rate Insulation Puzzle

Giancarlo Corsetti
Keith Kuester
Gernot Müller
Sebastian Schmidt

20 Jan 2021

International Macroeconomics and Finance
Monetary Economics and Fluctuations
F41
F42
E31

Discussion paper

DP15422 Expectations-driven liquidity traps: Implications for monetary and fiscal policy

Taisuke Nakata
Sebastian Schmidt

4 Nov 2020

Monetary Economics and Fluctuations
E52
E61
E62

Discussion paper

DP14488 Harry Johnson’s “Case for Flexible Exchange Rates” – 50 Years Later

Maurice Obstfeld

13 Mar 2020

Economic History
International Macroeconomics and Finance
F31
F33
F41
F42
N20
N24

VoxEU Column

Public spending at the effective lower bound: The significance of sustainability risks

Giovanni Callegari
Niccolò Battistini

11 Mar 2020

Macroeconomic policy
Monetary Policy

Discussion paper

DP13832 Prudential Monetary Policy

Ricardo Caballero
Alp Simsek

28 Jun 2019

Financial Economics
Monetary Economics and Fluctuations
E00
E12
E21
E22
E30
E40
G00
G01
G11

VoxEU Column

Forex intervention and reserve management in Switzerland and Israel since the financial crisis: Comparison and policy lessons

Alex Cukierman

2 Nov 2018

Exchange Rates
Financial Regulation and Banking
Monetary Policy

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