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 Şimşek 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