Forthcoming papers

  1. (When) do banks react to anticipated capital reliefs?

    Guillaume Arnould, Benjamin Guin, Steven Ongena, Paolo Siciliani

  2. Understanding the Joint Dynamics of Inflation and Wage Growth in the Euro Area

    Vahagn Galstyan

  3. What drives euro area financial markets? The role of US spillovers and global risk

    Arthur Saint Guilhem, Lennart Brandt, Maximilian Schröder, Ine Van Robays

  4. Monetary Policy Strategies to Navigate Post-Pandemic Inflation: An Assessment Using the ECB’s New Area-Wide Model

    Matthieu Darracq Paries, Antoine Kornprobst, Romanos Priftis

  5. ECB Euro Liquidity Lines

    Silvia Albrizio, Iván Kataryniuk, Luis Molina, Jan Schaefer

  6. A business conditions real-time measure of output gap deviations

    Alex Ilek, Yuval Mazar

  7. 'El Niño' and 'La Niña': revisiting the impact on food commodity prices and euro area consumer prices

    Fructuoso Borrallo, Lucía Cuadro-Sáez, Corinna Ghirelli, Javier J. Pérez

  8. Too low for too long. Could Extended Periods of Ultra Easy Monetary Policy Have Harmful Effects

    Etibar Jafarov, Enrico Minnella

  9. How Does the Attitude of ETF Investors Affect the Volatility of the Underlying Assets? The Case of the Bank of Japan

    Leonardo Cadamuro

  10. Quantifying Federal Reserve Credibility

    Stephen G. Hall, George Tavlas

  11. The effect of the European Central Bank’s asset purchase programmes on Spain’s public finances

    Pablo Aguilar, Mario Alloza, James Costain, Samuel Hurtado, Jaime Martinez-Martin

  12. Why net worth is the wrong concept for explaining consumption: evidence from Italy

    Riccardo De Bonis, Danilo Liberati, John Muellbauer, Concetta Rondinelli

  13. What do household scanner data tell us about inflation heterogeneity?

    Teresa Messner, Fabio Rumler

  14. Inflation in Ethiopia

    Pablo Neumeyer, Martin Gonzalez Rozada, Can Soylu

  15. Does it matter if the Fed goes conventional or unconventional?

    Marcin Kolasa, Grzegorz Wesołowski

  16. Forecasting Dutch inflation using machine learning methods

    Robert-Paul Berben, Rajni N. Rasiawan, Jasper M. de Winter

  17. Using the Press to Construct a New Indicator of Inflation Perceptions in France

    Olivier de Bandt, Jean-Charles Bricongne, Julien Denes, Alexandre Dhenin, Marwan Menaa, Annabelle de Gaye

  18. Tangible Quantitative Easing

    Jeffrey Campbell

  19. Investment funds, risk-taking, and monetary policy in the euro area

    Margherita Giuzio, Christoph Kaufmann, Ellen Ryan, Lorenzo Cappiello

  20. Quantifying Systemic Risk in the Presence of Unlisted Banks: Application to the European Banking Sector

    Daniel Dimitrov, Sweder van Wijnbergen

  21. Valuing Safety and Privacy in Retail Central Bank Digital Currency

    Zan Fairweather, Denzil Fiebig, Adam Gorajek, Rochelle Guttmann, June Ma, Jack Mulqueeney

  22. A Two-Sided Model of Central Bank Digital Currency: Adoption, Financial Inclusion and Informality

    Brandon Tan

  23. The Opportunity Cost of Money and the Relevance of Monetary Policy

    Joseph Haslag, Dong Ho Kang

  24. The Role of Economic Composition in Driving the Frequency of Price Changes

    Vaishali Garga, Christopher Cotton

  25. Has the centralised supervision made the European banking system more resilient?

    Silvia Calò, Wildmer Daniel Gregori, Marco Petracco Giudici, Michela Rancan

  26. Federal Reserve Policy in an Ample Reserves Framework: an inventory approach

    Joseph Haubrich

  27. Not bound, but still relevant: How does the leverage ratio affect banks' intermediation?

    Ioana Neamtu, Quynh-Anh Vo

  28. GDP revisions are not cool: the impact of statistical agencies' trade-off

    Stylianos Asimakopoulos, Magdalena Lalik, Joan Paredes, José Salvado García

  29. The Diagnostic Financial Accelerator

    Lahcen Bounader, Selim Elekdag