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DP17187 Subjective Housing Price Expectations, Falling Natural Rates and the Optimal Inflation Target 智库出版物
2022
作者:  Klaus Adam;  Oliver Pfäuti
收藏  |  浏览/下载:7/0  |  提交时间:2022/09/22
Keywords: monetary policy  Subjective housing price expectations  Natural rate of interest  Housing booms  Optimal inflation target  Effective lower bound  
Key features of the ECB’s new monetary policy strategy: A New Keynesian perspective 智库出版物
2022
作者:  Sebastian Schmidt
收藏  |  浏览/下载:7/0  |  提交时间:2022/09/22
Inflation targeting  Effective lower bound  Zero lower bound  Central banking  ECB strategy  
DP16403 Macroeconomic stabilisation and monetary policy effectiveness in a low-interest-rate environment 智库出版物
2021
作者:  Günter Coenen;  Carlos Montes-Galdón;  Sebastian Schmidt
收藏  |  浏览/下载:4/0  |  提交时间:2022/09/22
Effective lower bound  monetary policy  Asset purchases  Forward guidance  Make-up strategies  
DP16050 Effects of State-Dependent Forward Guidance, Large-Scale Asset Purchases and Fiscal Stimulus in a Low-Interest-Rate Environment 智库出版物
2021
作者:  Günter Coenen;  Carlos Montes-Galdón;  Frank Smets
收藏  |  浏览/下载:3/0  |  提交时间:2022/09/22
Effective lower bound  monetary policy  Forward guidance  Asset purchases  Fiscal policy  Euro area  
DP16042 Should the ECB Adjust its Strategy in the Face of a Lower r*? 智库出版物
2021
作者:  Philippe Andrade;  Jordi Gali;  Hervé Le Bihan;  Julien Matheron
收藏  |  浏览/下载:3/0  |  提交时间:2022/09/22
Inflation target  Effective lower bound  Monetary policy strategy  Euro-area  
DP15923 SVARs With Occasionally-Binding Constraints 智库出版物
2021
作者:  Borağan Aruoba;  Marko Mlikota;  Frank Schorfheide;  Sergio Villalvazo
收藏  |  浏览/下载:2/0  |  提交时间:2022/09/22
Bayesian inference  Effective lower bound  Limited dependent variables  Sequential monte carlo methods  Structural vars  Shadow rate  
DP15689 The Exchange Rate Insulation Puzzle 智库出版物
2021
作者:  Giancarlo Corsetti;  Keith Kuester;  Gernot Müller;  Sebastian Schmidt
收藏  |  浏览/下载:6/0  |  提交时间:2022/09/22
External shock  International spillovers  exchange rate  Insulation  monetary policy  Dominant currency pricing  Effective lower bound  
DP15422 Expectations-driven liquidity traps: Implications for monetary and fiscal policy 智库出版物
2020
作者:  Taisuke Nakata;  Sebastian Schmidt
收藏  |  浏览/下载:2/0  |  提交时间:2022/09/22
Effective lower bound  Sunspot equilibria  monetary policy  Fiscal policy  Discretion  Policy delegation  
DP15388 Piecewise-Linear Approximations and Filtering for DSGE Models with Occasionally Binding Constraints 智库出版物
2020
作者:  Borağan Aruoba;  Pablo Cuba-Borda;  Kenji Hilga-Flores;  Frank Schorfheide;  Sergio Villalvazo
收藏  |  浏览/下载:2/0  |  提交时间:2022/09/22
Bayesian estimation  Effective lower bound on nominal interest rates  Nonlinear filtering  Nonlinear solution methods  Particle mcmc  
DP14488 Harry Johnson’s “Case for Flexible Exchange Rates” – 50 Years Later 智库出版物
2020
作者:  Maurice Obstfeld
收藏  |  浏览/下载:6/0  |  提交时间:2022/09/22
Exchange rate regimes  Floating exchange rates  International monetary system  Effective lower bound  Global value chains  Global financial cycle  Dominant currency pricing