JEL classification

Journal of Economic Literature Classification (10696) E - Macroeconomics and Monetary Economics (1324) E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit (354) E52 - Monetary Policy (Targets, Instruments, and Effects) (191)
Number of items at this level: 191.
Accounting
  • Hoskin, Keith, Macve, Richard (2012). Contesting the indigenous development of “Chinese double-entry bookkeeping” and its significance in China’s economic institutions and business organization before c.1850. (Economic History Working Papers 160/12). London School of Economics and Political Science.
    • Centre for Economic Performance
  • Aghion, Philippe, Farhi, Emmanuel, Kharroubi, Enisse (2018). Monetary policy, product market competition and growth. (CEP Discussion Papers CEPDP1590). London School of Economics and Political Science. Centre for Economic Performance. picture_as_pdf
  • Ahmadi, Pooyan Amir, Ritschl, Albrecht (2009). Depression econometrics: a FAVAR model of monetary policy during the Great Depression. (CEP Discussion Papers CEPDP0967). London School of Economics and Political Science. Centre for Economic Performance.
  • Aoki, Kosuke (2006). Price-level determination under dispersed information and monetary policy. Centre for Economic Policy Research (Great Britain).
  • Aoki, Kosuke, Kimura, Takeshi (2008). Central bank's two-way communication with the public and inflation dynamics. (CEP Discussion Papers 899). London School of Economics and Political Science. Centre for Economic Performance.
  • Barnichon, Regis (2007). Productivity, aggregate demand and unemployment fluctuations. (CEPDP 819). London School of Economics and Political Science. Centre for Economic Performance.
  • Benigno, Gianluca, Benigno, Pierpaolo (2004). Designing target rules for international monetary policy cooperation. London School of Economics and Political Science. Centre for Economic Performance.
  • Benigno, Gianluca, Chen, Huigang, Otrok, Chris, Rebucci, Alessandro, Young, Eric (2012). Optimal policy for macro-financial stability. (CEP Discussion Papers CEPDP1172). London School of Economics and Political Science. Centre for Economic Performance.
  • Benigno, Gianluca, Chen, Huigang, Otrok, Christopher, Rebucci, Alessandro, Young, Eric R. (2012). Capital controls or exchange rate policy? A pecuniary externality perspective. (CEP Discussion Papers CEPDP1160). London School of Economics and Political Science. Centre for Economic Performance.
  • Castillo, Paul, Montoro, Carlos, Tuesta, Vicente (2007). Inflation premium and oil price volatility. (CEPDP 782). London School of Economics and Political Science. Centre for Economic Performance.
  • De Paoli, Bianca (2004). Monetary policy and welfare in a small open economy. (CEPDP 639). London School of Economics and Political Science. Centre for Economic Performance.
  • De Paoli, Bianca (2009). Monetary policy under alterative asset market structures: the case of a small open economy. (CEP Discussion Papers CEPDP0923). London School of Economics and Political Science. Centre for Economic Performance.
  • De Paoli, Bianca (2009). Monetary policy under alternative asset market structures: the case of a small open economy. (CEP Discussion Paper 923). London School of Economics and Political Science. Centre for Economic Performance.
  • Hansen, Stephen, McMahon, Michael (2011). How experts decide: identifying preferences versus signals from policy decisions. (CEP Discussion Papers CEPDP1063). London School of Economics and Political Science. Centre for Economic Performance. picture_as_pdf
  • Hansen, Stephen, McMahon, Michael, Prat, Andrea (2014). Transparency and deliberation within the FOMC: a computational linguistics approach. (CEP Discussion Papers CEPDP1276). London School of Economics and Political Science. Centre for Economic Performance.
  • Hansen, Stephen, Mcmahon, Michael (2011). First impressions matter: signalling as a source of policy dynamics. (CEP Discussion Papers CEPDP1074). London School of Economics and Political Science. Centre for Economic Performance. picture_as_pdf
  • Layard, Richard (1993). Can Russia control inflation? (CEP Discussion Papers CEPDP0170). London School of Economics and Political Science. Centre for Economic Performance.
  • Lipinska, Anna (2007). The Maastricht convergence criteria and optimal monetary policy for the EMU accession countries. (CEPDP 808). London School of Economics and Political Science. Centre for Economic Performance.
  • Montoro, Carlos (2007). Monetary policy committees and interest rate smoothing. (CEPDP 780). London School of Economics and Political Science. Centre for Economic Performance.
  • Olivei, Giovanni, Tenreyro, Silvana (2007). Synchronization in wage setting and the effects of monetary policy. Giovanni Olivei and Silvana Tenreyro.
  • Olivei, Giovanni, Tenreyro, Silvana (2008). Wage setting patterns and monetary policy: international evidence. (CEP Discussion Papers 872). London School of Economics and Political Science. Centre for Economic Performance. picture_as_pdf
  • Olivei, Giovanni, Tenreyro, Silvana (2006). The timing of monetary policy shocks. London School of Economics and Political Science. Centre for Economic Performance.
  • Olivei, Giovanni, Tenreyro, Silvana (2006). The timing of monetary policy shocks. Centre for Economic Policy Research (Great Britain).
  • Rosa, Carlo (2008). Talking less and moving the market more: is this the recipe for monetary policy effectiveness?: evidence from the ECB and the Fed. (CEPDP 855). London School of Economics and Political Science. Centre for Economic Performance.
  • Rosa, Carlo, Verga, Giovanni (2005). Is ECB communication effective? (CEPDP 682). London School of Economics and Political Science. Centre for Economic Performance.
  • Rosa, Carlo, Verga, Giovanni (2006). The impact of central bank announcements on asset prices in real time: testing the efficiency of the Euribor futures market. (CEPDP 764). Centre of Economic Performance, London School of Economics and Political Science.
  • Rosa, Carlo, Verga, Giovanni (2005). The importance of the wording of the ECB. (CEPDP 694). London School of Economics and Political Science. Centre for Economic Performance.
  • Sheedy, Kevin D. (2013). Debt and incomplete financial markets: a case for nominal GDP targeting. (CEP Discussion Papers CEPDP1209). London School of Economics and Political Science. Centre for Economic Performance.
  • Tenreyro, Silvana, Thwaites, Gregory (2013). Pushing on a string: US monetary policy is less powerful in recessions. (CEP Discussion Papers CEPDP1218). London School of Economics and Political Science. Centre for Economic Performance.
  • Thomas, Carlos (2006). Search and matching frictions and optimal monetary policy. (CEPDP 743). London School of Economics and Political Science. Centre for Economic Performance.
  • Thomas, Carlos (2007). Search frictions, real rigidities and inflation dynamics. (CEPDP 822). London School of Economics and Political Science. Centre for Economic Performance.
  • Yashiv, Eran (2007). Labor search and matching in macroeconomics. (CEPDP 803). London School of Economics and Political Science. Centre for Economic Performance.
    • Centre for Macroeconomics
  • Barrdear, John (2015). Towards a new Keynesian theory of the price level. (CFM discussion paper series CFM-DP2015-09). Centre For Macroeconomics.
  • Benigno, Gianluca, Chen, Huigang, Otrok, Christopher, Rebucci, Alessandro, Young, Eric R. (2015). Optimal capital controls and real exchange rate policies: A pecuniary externality perspective. (CFM discussion paper series CFM-DP2015-12). Centre For Macroeconomics.
  • Benigno, Gianluca, Fornaro, Luca (2016). Stagnation traps. (CFM discussion paper series CFM-DP2016-06). Centre For Macroeconomics.
  • Butt, Nick, Churm, Rohan, McMahon, Michael, Morotz, Arpad, Schanz, Jochen (2015). QE and the bank lending channel in the United Kingdom. (CFM discussion paper series CFM-DP2015-23). Centre For Macroeconomics.
  • Cesa-Bianchi, Ambrogio, Martin, Fernando Eguren, Thwaites, Gregory (2017). Foreign booms, domestic busts: The global dimension of banking crises. (CFM discussion paper series CFM-DP2017-08). Centre For Macroeconomics.
  • Cesa-Bianchi, Ambrogio, Thwaites, Gregory, Vicondoa, Alejandro (2016). Monetary policy transmission in an open economy:new data and evidence from the United Kingdom. (CFM discussion paper series CFM-DP2016-12). Centre For Macroeconomics.
  • Corsetti, Giancarlo, Dedola, Luca, Leduc, Sylvain (2018). Exchange rate misalignment, capital flows, and optimal monetary policy trade-offs. (CFM Discussion Paper Series CFM-DP2018-06). Centre For Macroeconomics.
  • Corsetti, Giancarlo, Duarte, Joao B., Mann, Samuel (2018). One money, many markets: a factor model approach to monetary policy in the Euro Area with high-frequency identification. (CFM Discussion Paper Series CFM-DP2018-05). Centre For Macroeconomics.
  • Faccini, Renato, Yashiv, Eran (2017). The importance of hiring frictions in business cycles. (CFM Discussion Paper Series CFM-DP2017-36). Centre For Macroeconomics.
  • Fieldhouse, Andrew, Mertens, Karel, Ravn, Morten O. (2017). The macroeconomic effects of Government asset purchases: evidence from postwar US housing credit policy. (CFM discussion paper series CFM-DP2017-07). Centre For Macroeconomics.
  • Gambetti, Luca, Korobilis, Dimitris, Tsoukalas, John D., Zanetti, Francesco (2017). The effect of news shocks and monetary policy. (CFM discussion paper series CFM-DP2017-30). Centre For Macroeconomics.
  • Garriga, Carlos, Kydland, Finn E., Šustek, Roman (2013). Mortgages and monetary policy. (CFM discussion paper series CFM-DP2013-6). Centre For Macroeconomics.
  • Garriga, Carlos, Kydland, Finn E., Šustek, Roman (2016). Nominal rigidities in debt and product markets. (CFM discussion paper series CFM-DP2016-25). Centre For Macroeconomics.
  • Haberis, Alex, Harrison, Richard, Waldron, Matt (2014). Transitory interest-rate pegs under imperfect credibility. (CFM discussion paper series CFM-DP2014-22). Centre For Macroeconomics.
  • Hansen, Stephen, McMahon, Michael (2015). Shocking language: Understanding the macroeconomic effects of central bank communication. (CFM discussion paper series CFM-DP2015-37). Centre For Macroeconomics.
  • Hansen, Stephen, McMahon, Michael, Prat, Andrea (2014). Transparency and deliberation within the FOMC: a computational linguistics approach. (CFM discussion paper series CFM-DP2014-11). Centre For Macroeconomics.
  • Luetticke, Ralph (2018). Transmission of monetary policy with heterogeneity in household portfolios. (CFM Discussion Paper Series CFM-DP2018-19). Centre For Macroeconomics, London School of Economics and Political Science. picture_as_pdf
  • Masolo, Riccardo M., Monti, Francesca (2017). Ambiguity, monetary policy and trend inflation. (CFM discussion paper series CFM-DP2017-09). Centre For Macroeconomics.
  • Masolo, Riccardo M., Monti, Francesca (2015). Monetary policy with ambiguity averse agents. (CFM discussion paper series CFM-DP2015-06). Centre For Macroeconomics.
  • Miranda-Agrippino, Silvia (2016). Unsurprising shocks: information, Premia, and the Monetary Transmission. (CFM discussion paper series CFM-DP2016-13). Centre For Macroeconomics.
  • Miranda-Agrippino, Silvia, Ricco, Giovanni (2017). The transmission of monetary policy shocks. (CFM discussion paper series CFM-DP2017-11). Centre For Macroeconomics.
  • Ravn, Morten O., Sterk, Vincent (2015). Job uncertainty and deep recessions. (CFM discussion paper series CFM-DP2015-01). Centre For Macroeconomics.
  • Ravn, Morten O., Sterk, Vincent (2016). Macroeconomic fluctuations with HANK & SAM: an analytical approach. (CFM discussion paper series CFM-DP2016-33). Centre For Macroeconomics.
  • Reis, Ricardo (2017). Can the central bank alleviate fiscal burdens? Centre for Macroeconomics, The London School of Economics and Political Science.
  • Reis, Ricardo (2018). Central banks going long. (CFM Discussion Paper Series CFMDP2018-10). Centre for Macroeconomics, The London School of Economics and Political Science.
  • Sterk, Vincent, Tenreyro, Silvana (2013). The transmission of monetary policy operations through redistributions and durable purchases. (CFM discussion paper series CFM-DP2013-5). Centre For Macroeconomics.
  • Tenreyro, Silvana, Thwaites, Gregory (2013). Pushing on a string: US monetary policy is less powerful in recessions. (CFM discussion paper series CFM-DP2013-1). Centre For Macroeconomics.
  • Wills, Samuel (2014). Optimal monetary responses to oil discoveries. (CFM discussion paper series CFM-DP2014-8). Centre For Macroeconomics.
    • Economic History
  • Ahmadi, Pooyan Amir, Ritschl, Albrecht (2009). Depression econometrics: a FAVAR model of monetary policy during the Great Depression. (CEP Discussion Papers CEPDP0967). London School of Economics and Political Science. Centre for Economic Performance.
  • Ma, Debin (2012). Money and monetary system in China in the 19th-20th century: an overview. (Economic History Working Papers 159/12). London School of Economics and Political Science.
  • Volckart, Oliver (2022). How successful was Germany's first common currency? A new look at the imperial monetary union of 1559. (Economic History Working Papers 338). London School of Economics and Political Science. picture_as_pdf
  • Volckart, Oliver (2018). Technologies of money in the Middle Ages: the 'Principles of Minting'. (Economic History working papers 275/2018). London School of Economics and Political Science.
    • Economics
  • Agnello, Luca, Castro, Vítor, Sousa, Ricardo M. (2023). Interest rate gaps in an uncertain global context why “too” low (high) for “so” long? Empirical Economics, 64(2), 539 - 565. https://doi.org/10.1007/s00181-022-02265-x
  • Alves, Felipe, Kaplan, Greg, Moll, Ben, Violente, Gianluca (2020). A further look at the propagation of monetary policy shocks in HANK. Journal of Money, Credit and Banking, 52(S2), 521 - 559. https://doi.org/10.1111/jmcb.12761 picture_as_pdf
  • Aoki, Kosuke (2003). On the optimal monetary policy response to noisy indicators. Journal of Monetary Economics, 50(3), 501-523. https://doi.org/10.1016/S0304-3932(03)00023-0
  • Aoki, Kosuke (2006). Optimal commitment policy under noisy information. Journal of Economic Dynamics and Control, 30(1), 81-109. https://doi.org/10.1016/j.jedc.2004.07.009
  • Aoki, Kosuke (2002). Optimal commitment policy under noisy information. Centre for Economic Policy Research (Great Britain).
  • Aoki, Kosuke (2001). Optimal monetary policy responses to relative-price changes. Journal of Monetary Economics, 48(1), 55-80. https://doi.org/10.1016/S0304-3932(01)00069-1
  • Aoki, Kosuke (2006). Price-level determination under dispersed information and monetary policy. Centre for Economic Policy Research (Great Britain).
  • Aoki, Kosuke, Kimura, Takeshi (2008). Central bank's two-way communication with the public and inflation dynamics. (CEP Discussion Papers 899). London School of Economics and Political Science. Centre for Economic Performance.
  • Arcidiacono, Peter, Aucejo, Esteban M., Hotz, V. Joseph (2016). University differences in the graduation minorities in STEM fields: evidence from California. American Economic Review, 106(3), 525-562. https://doi.org/10.1257/aer.20130626
  • Barnichon, Regis (2007). Productivity, aggregate demand and unemployment fluctuations. (CEPDP 819). London School of Economics and Political Science. Centre for Economic Performance.
  • Bean, Charles R. (2019). A Review Essay: David Kynaston's Till Time's Last Sand:: a history of the Bank of England, 1694-2013. Journal of Economic Literature, 57(4), 972-987. https://doi.org/10.1257/jel.20181512 picture_as_pdf
  • Bellifemine, Marco, Couturier, Adrien, Jamilov, Rustam (2025). Monetary unions with heterogeneous fiscal space. Journal of International Economics, 156, https://doi.org/10.1016/j.jinteco.2025.104092 picture_as_pdf
  • Benetton, Matteo, Gavazza, Alessandro, Surico, Paolo (2025). Mortgage pricing and monetary policy. American Economic Review, 115(3), 823 - 863. https://doi.org/10.1257/aer.20211229 picture_as_pdf
  • Benigno, Gianluca (2001). Real exchange rate persistence and monetary policy rules. London School of Economics and Political Science.
  • Benigno, Gianluca, Benigno, Pierpaolo (2004). Designing target rules for international monetary policy cooperation. London School of Economics and Political Science. Centre for Economic Performance.
  • Benigno, Gianluca, Benigno, Pierpaolo (2008). Exchange rate determination under interest rate rules. Journal of International Money and Finance, 27(6), 971-993. https://doi.org/10.1016/j.jimonfin.2008.04.009
  • Benigno, Gianluca, Benigno, Pierpaolo (2003). Price stability in open economies. Review of Economic Studies, 70(4), 743-764. https://doi.org/10.1111/1467-937X.00265
  • Benigno, Gianluca, Chen, Huigang, Otrok, Chris, Rebucci, Alessandro, Young, Eric (2012). Optimal policy for macro-financial stability. (CEP Discussion Papers CEPDP1172). London School of Economics and Political Science. Centre for Economic Performance.
  • Benigno, Gianluca, Chen, Huigang, Otrok, Christopher, Rebucci, Alessandro, Young, Eric R. (2012). Capital controls or exchange rate policy? A pecuniary externality perspective. (CEP Discussion Papers CEPDP1160). London School of Economics and Political Science. Centre for Economic Performance.
  • Benigno, Gianluca, Chen, Huigang, Otrok, Christopher, Rebucci, Alessandro, Young, Eric R. (2012). Financial crises and macro-prudential policies. Journal of International Economics, 89(2), 453-470. https://doi.org/10.1016/j.jinteco.2012.06.002
  • Benigno, Gianluca, Chen, Huigang, Otrok, Christopher, Rebucci, Alessandro, Young, Eric R. (2010). Financial crises and macro-prudential policies. (CEP Discussion Papers CEPDP1032). London School of Economics and Political Science. Centre for Economic Performance. picture_as_pdf
  • Benigno, Gianluca, Chen, Huigang, Otrok, Christopher, Rebucci, Alessandro, Young, Eric R. (2010). Revisiting overborrowing and its policy implications. (CEP Discussion Papers CEPDP1020). London School of Economics and Political Science. Centre for Economic Performance. picture_as_pdf
  • Benigno, Gianluca, Fornaro, Luca (2018). Stagnation traps. Review of Economic Studies, 85(3), 1425 - 1470. https://doi.org/10.1093/restud/rdx063
  • Boneva, Lena, Cloyne, James, Weale, Martin, Wieladek, Tomasz (2016). The effect of unconventional monetary policy on inflation expectations: evidence from firms in the United Kingdom. International Journal of Central Banking, 12(3), 161-195.
  • Cantore, Cristiano, Leonardi, Edoardo (2025). Monetary-fiscal interaction and the liquidity of government debt. European Economic Review, 173, https://doi.org/10.1016/j.euroecorev.2025.104979 picture_as_pdf
  • Castillo, Paul, Montoro, Carlos, Tuesta, Vicente (2007). Inflation premium and oil price volatility. (CEPDP 782). London School of Economics and Political Science. Centre for Economic Performance.
  • Castillo Martinez, Laura, Reis, Ricardo (2025). How do central banks control inflation? A guide for the perplexed. Journal of Economic Literature, picture_as_pdf
  • De Paoli, Bianca (2004). Monetary policy and welfare in a small open economy. (CEPDP 639). London School of Economics and Political Science. Centre for Economic Performance.
  • Egorov, Konstantin, Mukhin, Dmitry (2023). Optimal policy under dollar pricing. American Economic Review, 113(7), 1783 - 1824. https://doi.org/10.1257/aer.20200636 picture_as_pdf
  • Elsayed, Ahmed H., Sousa, Ricardo M. (2024). International monetary policy and cryptocurrency markets: dynamic and spillover effects. European Journal of Finance, 30(16), 1855 - 1875. https://doi.org/10.1080/1351847X.2022.2068375 picture_as_pdf
  • Hansen, Stephen, McMahon, Michael (2011). How experts decide: identifying preferences versus signals from policy decisions. (CEP Discussion Papers CEPDP1063). London School of Economics and Political Science. Centre for Economic Performance. picture_as_pdf
  • Hilscher, Jens, Raviv, Alon, Reis, Ricardo (2025). How likely is an inflation disaster? Review of Financial Studies, https://doi.org/10.1093/rfs/hhaf058 picture_as_pdf
  • Hobler, Stephan (2022). Multi-layered rational inattention and time-varying volatility. Journal of Economic Dynamics and Control, 138, https://doi.org/10.1016/j.jedc.2022.104372 picture_as_pdf
  • Jawadi, Fredj, Mallick, Sushanta Kumar, Sousa, Ricardo J. (2014). Nonlinear monetary policy reaction functions in large emerging economies: the case of Brazil and China. Applied Economics, 46(9), 973-984. https://doi.org/10.1080/00036846.2013.851774
  • Kaplan, Greg, Moll, Benjamin, Violante, Giovanni L. (2018). Monetary policy according to HANK. American Economic Review, 108(3), 697 - 743. https://doi.org/10.1257/aer.20160042
  • Lagos, Ricardo, Zhang, Shengxing (2019). A monetary model of bilateral over-the-counter markets. Review of Economic Dynamics, 33, 205-227. https://doi.org/10.1016/j.red.2019.01.004
  • Lagos, Ricardo, Zhang, Shengxing (2020). Turnover liquidity and the transmission of monetary policy. American Economic Review, 110(6), 1635 - 1672. https://doi.org/10.1257/aer.20170045 picture_as_pdf
  • Layard, Richard (1993). Can Russia control inflation? (CEP Discussion Papers CEPDP0170). London School of Economics and Political Science. Centre for Economic Performance.
  • Mallick, Sushanta K., Sousa, Ricardo M. (2013). Commodity prices, inflationary pressures, and monetary policy: evidence from BRICS economies. Open Economies Review, 24(4), 677-694. https://doi.org/10.1007/s11079-012-9261-5
  • McLeay, Michael, Tenreyro, Silvana (2026). Dollar dominance and the transmission of monetary policy. Quarterly Journal of Economics, 141(1), 605 - 666. https://doi.org/10.1093/qje/qjaf043 picture_as_pdf
  • Olivares Rios, A., Rodríguez, G., Ataurima Arellano, M. (2019). Estimation of Peru’s sovereign yield curve: the role of macroeconomic and latent factors. Journal of Economic Studies, 46(3), 533-563. https://doi.org/10.1108/JES-04-2017-0089
  • Olivei, Giovanni, Tenreyro, Silvana (2007). Synchronization in wage setting and the effects of monetary policy. Giovanni Olivei and Silvana Tenreyro.
  • Olivei, Giovanni, Tenreyro, Silvana (2008). Wage setting patterns and monetary policy: international evidence. (CEP Discussion Papers 872). London School of Economics and Political Science. Centre for Economic Performance. picture_as_pdf
  • Olivei, Giovanni, Tenreyro, Silvana (2006). The timing of monetary policy shocks. London School of Economics and Political Science. Centre for Economic Performance.
  • Olivei, Giovanni, Tenreyro, Silvana (2006). The timing of monetary policy shocks. Centre for Economic Policy Research (Great Britain).
  • Reis, Ricardo (2016). Funding quantitative easing to target inflation. (Discussion papers DP11505). Centre for Economic Policy Research (Great Britain).
  • Reis, Ricardo (2021). The people versus the markets: a parsimonious model of inflation expectations. (CEPR Press Discussion Paper 15624). Centre for Economic Policy Research (Great Britain).
  • Reis, Ricardo (2018). Central banks going long. In Aguirre, Brunnermeier, Saravia (Eds.), Monetary policy and financial stability: transmission mechanisms and policy implications . Central Bank of Chile. picture_as_pdf
  • Reis, Ricardo (2022). Debt revenue and the sustainability of public debt. Journal of Economic Perspectives, 36(4), 103-124. https://doi.org/10.1257/jep.36.4.103 picture_as_pdf
  • Reis, Ricardo (2025). Medium and long-run trends in interest rates: causes and implications for monetary policy. In Bauduco, S, García Schmidt, M., Mian, A., Villacorta, L. (Eds.), Medium and long-run trends in interest rates: causes and implications for monetary policy . Banco Central de Chile. picture_as_pdf
  • Reis, Ricardo, Mankiw, N. Gregory (2018). Friedman’s presidential address in the evolution of macroeconomic thought. Journal of Economic Perspectives, 32(1), 81 - 96. https://doi.org/10.1257/jep.32.1.81
  • Reis, Ricardo, Tenreyro, Silvana (2022). Helicopter money what is it and what does it do? Annual Review of Economics, 14(1), 313 - 335. https://doi.org/10.1146/annurev-economics-051420-020618 picture_as_pdf
  • Sterk, Vincent, Tenreyro, Silvana (2013). The transmission of monetary policy operations through redistributions and durable purchases. (CEP Discussion Papers CEPDP1249). London School of Economics and Political Science. Centre for Economic Performance. picture_as_pdf
  • Sterk, Vincent, Tenreyro, Silvana (2018). The transmission of monetary policy through redistributions and durable purchases. Journal of Monetary Economics, https://doi.org/10.1016/j.jmoneco.2018.07.003
  • Tenreyro, Silvana, Thwaites, Gregory (2016). Pushing on a string: US monetary policy is less powerful in recessions. American Economic Journal: Macroeconomics, 8(4), 43-74. https://doi.org/10.1257/mac.20150016
  • Yashiv, Eran (2007). Labor search and matching in macroeconomics. (CEPDP 803). London School of Economics and Political Science. Centre for Economic Performance.
    • European Institute
  • de Grauwe, Paul, Melitz, Jaques (Eds.) (2005). Prospects for monetary unions after the euro. MIT Press.
  • Aksoy, Yunus, de Grauwe, Paul, Dewachter, Hans (2002). Do asymmetries matter for European monetary policy? European Economic Review, 46(3), 443-469. https://doi.org/10.1016/S0014-2921(01)00160-X
  • Artus, Patrick, Blinder, Alan S., Buiter, Willem, Issing, Otmar, Solow, Robert M. (2008). Round table discussion: monetary policy in the new international environment. In Touffut, Jean-Philippe (Ed.), Central Banks as Economic Institutions (pp. 177-206). Edward Elgar.
  • Braun, Ben, Düsterhöft, Maximilian (2025). Noisy politics, quiet technocrats: strategic silence by central banks. Regulation and Governance, https://doi.org/10.1111/rego.70052 picture_as_pdf
  • Buiter, Willem H. (2008). Central banks and financial crises. (Financial Markets Group Discussion Papers 619). Financial Markets Group, The London School of Economics and Political Science.
  • Buiter, Willem H. (2010). Economic, political and institutional prerequisites for monetary union among the members of the Gulf Cooperation Council. In MacDonald, Ronald, Al Faris, Abdulrazak (Eds.), Currency Union and Exchange Rate Issues: Lessons for the Gulf States (pp. 26-69). Edward Elgar.
  • Buiter, Willem H. (2007-11-20 - 2007-11-21) Economic, political, and institutional prerequisites for monetary union among the members of the Gulf Cooperation Council [Paper]. Preparing for GCC Currency Union: Institutional Framework, Dubai, United Arab Emirates, ARE.
  • Buiter, Willem H. (2004-02-20 - 2004-02-21) To purgatory and beyond: when and how should the accession countries from Central and Eastern Europe become full members of the EMU? [Paper]. Challenges for central banks in an enlarged EMU, Vienna, Austria, AUT.
  • Buiter, Willem H. (2007). Seigniorage. Economics, 1(2007-1), 1-49.
  • Cañon, Carlos, Gerba, Eddie, Pambira, Alberto, Stoja, Evarist (2023). An unconventional FX tail risk story. picture_as_pdf
  • Cañon, Carlos, Gerba, Eddie, Pambira, Alberto, Stoja, Evarist (2024). An unconventional FX tail risk story. Journal of International Money and Finance, 148, https://doi.org/10.1016/j.jimonfin.2024.103152 picture_as_pdf
  • Costa Storti, Claudia, de Grauwe, Paul (2002). Monetary policy in a cashless society. In Balling, Morten, Lierman, Frank, Mullineux, Andy (Eds.), Technology and Finance, Challenges for Financial Markets, Business Strategies and Policy Makers (pp. 241-260). Routledge.
  • Daniele, Vittorio, Foresti, Pasquale, Napolitano, Oreste (2017). The stability of money demand in the long-run: Italy 1861–2011. Cliometrica, 11(2), 217-244. https://doi.org/10.1007/s11698-016-0143-8
  • De Grauwe, Paul, Foresti, Pasquale (2025). Deflationary traps, agents’ beliefs and fiscal–monetary policies. Economic Theory, 80(3), 941 - 964. https://doi.org/10.1007/s00199-025-01643-7 picture_as_pdf
  • De Grauwe, Paul, Foresti, Pasquale (2023). Interactions of fiscal and monetary policies under waves of optimism and pessimism. Journal of Economic Behavior & Organization, 212, 466 - 481. https://doi.org/10.1016/j.jebo.2023.05.024 picture_as_pdf
  • De Grauwe, Paul, Ji, Yuemei (2025). Monetary policy and radical uncertainty. In Bos, Jaap, Sanders, Mark (Eds.), Convincing Economics: Essays in honour of Prof. Dr. Clemens Koo (pp. 113 - 140). Maastricht University Press. https://doi.org/10.26481/mup.2501.08 picture_as_pdf
  • De Grauwe, Paul, Ji, Yuemei (2024). Trust and monetary policy. Journal of Forecasting, 43(4), 903 - 931. https://doi.org/10.1002/for.3065 picture_as_pdf
  • Ferrara, Federico M., Masciandaro, Donato, Moschella, Manuela, Romelli, Davide (2022). Political voice on monetary policy: evidence from the parliamentary hearings of the European Central Bank. European Journal of Political Economy, 74, https://doi.org/10.1016/j.ejpoleco.2021.102143 picture_as_pdf
  • Gerba, Eddie (2013). Reconnecting investment to stock markets: the role of corporate net worth evaluation. (Working papers). Social Science Research Network (SSRN).
  • de Grauwe, Paul (2002). Challenges for monetary policy in Euroland. Journal of Common Market Studies, 40(4), 693-718. https://doi.org/10.1111/1468-5965.00394
  • de Grauwe, Paul (2011). European monetary union. In Durlauf, Steven N, Blume, Lawrence E. (Eds.), The New Palgrave Dictionary of Economics . Palgrave Macmillan.
  • de Grauwe, Paul (2000). Monetary policies in the presence of asymmetries. Journal of Common Market Studies, 38(4), 593-612. https://doi.org/10.1111/1468-5965.00255
  • de Grauwe, Paul (2010). Quelle gouvernance pour la zone Euro? Revue d'Économie Financière, 100,
  • de Grauwe, Paul (2007-04-25) Quo vadis Europe?: fortress or land of opportunities [Other]. Julian Hodge Institute for Applied Economics Annual Lecture, Cardif, United Kingdom, GBR.
  • de Grauwe, Paul (2008). Returning to narrow banking. In Eichengreen, Barry, Baldwin, Richard (Eds.), What G20 Leaders Must Do to Stabilise Our Economy and Fix the Financial System . Centre for Economic Policy Research (Great Britain).
  • de Grauwe, Paul (2011). What kind of governance for the Eurozone. In Meeusen, Wim (Ed.), The Economic Crisis and European Integration (pp. 7-16). Edward Elgar.
  • de Grauwe, Paul (2010). What kind of governance for the eurozone? (CEPS policy brief 241). Centre for European Policy Studies.
  • de Grauwe, Paul (2010). A mechanism of self-destruction of the eurozone. (CEPS commentaries). Centre for European Policy Studies.
  • de Grauwe, Paul (2010). The road to self-destruction of the eurozone. Eurointelligence,
  • de Grauwe, Paul, Costa Storti, Claudia (2008). Monetary policy and the real economy. In Schettkat, Ronald, Langkau, Jochem (Eds.), Economic Policy Proposals for Germany and Europe (pp. 29-53). Routledge.
  • de Grauwe, Paul, Costa Storti, Claudia (2007). Monetäre Politik und reale Ökonomie. In Schettkat, Ronald, Langkau, Jochem (Eds.), Aufschwung Für Deutschland: Plädoyer International Renommierter öKonomen Für Eine Bessere Wirtschaftspolitik . Dietz.
  • de Grauwe, Paul, Gerba, Eddie (2016). Monetary transmission under competing corporate finance regimes. (FinMaP working papers 52). FinMaP.
  • de Grauwe, Paul, Ji, Yuemei (2012). Mispricing of sovereign risk and multiple equilibria in the Eurozone. (CEPS working documents 316). Centre for European Policy Studies.
  • de Grauwe, Paul, Mongelli, Francesco (2004). Endogeneities of optimum currency areas. In Sørensen, Peter Birch (Ed.), Monetary Union in Europe: Historical Perspectives and Prospects for the Future - Sssays in Honour of Niels Thygesen . DJØF Publishing.
  • de Grauwe, Paul, Schelkle, Waltraud, Diessner, Sebastian, Lokdam, Hjalte, Vallée, Shahin (2018). Five views: what we've learned from 20 years of the European Central Bank. picture_as_pdf
  • de Grauwe, Paul, Senegas, Marc-Alexandre (2004). Asymmetries in monetary policy transmission: some implications for EMU and its enlargement. Journal of Common Market Studies, 42(4), 757-773. https://doi.org/10.1111/j.0021-9886.2004.00528.x
  • de Grauwe, Paul, Senegas, Marc-Alexandre (2006). Monetary policy design and transmission asymmetry in EMU: does uncertainty matter? European Journal of Political Economy, 22(4), 787-808. https://doi.org/10.1016/j.ejpoleco.2005.11.005
  • de Grauwe, Paul, Gerba, Eddie (2017). Monetary transmission under competing corporate finance regimes = Transmisión monetaria bajo regímenes alternativos de finanzas corporativas. Ensayos Sobre Política Económica, 35(82), 78-100. https://doi.org/10.1016/j.espe.2016.11.002
    • Finance
  • Gourinchas, Pierre-Olivier, Ray, Walker, Vayanos, Dimitri (2025). A preferred-habitat model of term premia, exchange rates, and monetary policy spillovers. American Economic Review, 115(11), 3788 – 3824. https://doi.org/10.1257/aer.20220379 picture_as_pdf
  • Greenwood, Robin, Vayanos, Dimitri (2014). Bond supply and excess bond returns. Review of Financial Studies, 27(3), 663 - 713. https://doi.org/10.1093/rfs/hht133
  • Greenwood, Robin, Hanson, Samuel, Vayanos, Dimitri (2024). Supply and demand and the term structure of interest rates. Annual Review of Financial Economics, 16, 115 - 151. https://doi.org/10.1146/annurev-financial-082123-110048 picture_as_pdf
  • Mueller, Philippe, Tahbaz-Salehi, Alireza, Vedolin, Andrea (2016). Exchange rates and monetary policy uncertainty. (Systemic Risk Centre Discussion Papers 54). Systemic Risk Centre, The London School of Economics and Political Science. picture_as_pdf
  • Ray, Walker, Droste, Michael, Gorodnichenko, Yuriy (2024). Unbundling quantitative easing: taking a cue from treasury auctions. Journal of Political Economy, 132(9), 3115 - 3172. https://doi.org/10.1086/729581 picture_as_pdf
  • Todorov, Karamfil (2020). Quantify the quantitative easing: impact on bonds and corporate debt issuance. Journal of Financial Economics, 135(2), 340 - 358. https://doi.org/10.1016/j.jfineco.2019.08.003 picture_as_pdf
    • Financial Markets Group
  • Agnello, Luca, Castro, Vítor, Sousa, Ricardo J. (2012). How does fiscal policy react to wealth composition and asset prices? Journal of Macroeconomics, 34(3), 874-890. https://doi.org/10.1016/j.jmacro.2012.04.001
  • Baeriswyl, Romain, Cornand, Camille (2006). Monetary policy and its informative value. (Financial Markets Group Discussion Papers 569). Financial Markets Group, The London School of Economics and Political Science.
  • Buiter, Willem H. (2008). Central banks and financial crises. (Financial Markets Group Discussion Papers 619). Financial Markets Group, The London School of Economics and Political Science.
  • Clark, Peter, Goodhart, C. A. E., Huang, Haizhou (1996). Optimal monetary policy rules in a rational expectations model of the Phillips curve. (Financial Markets Group Discussion Papers 247). Financial Markets Group, The London School of Economics and Political Science. picture_as_pdf
  • Clark, Peter B., Goodhart, Charles A. E., Huang, Haizhou (1999). Optimal monetary policy rules in a rational expectations model of the Phillips curve. Journal of Monetary Economics, 43(2), 497 - 520. https://doi.org/10.1016/S0304-3932(98)00055-5
  • Ferman, Marcelo (2011). Switching monetary policy regimes and the nominal term structure. (Financial Markets Group Discussion Papers 678). Financial Markets Group, The London School of Economics and Political Science. picture_as_pdf
  • Frantianni, Michele, Huang, Haizhou (1995). Central bank reputation and conservativeness. (Financial Markets Group Discussion Papers 216). Financial Markets Group, The London School of Economics and Political Science. picture_as_pdf
  • Goodhart, C. A. E. (2014). Lessons for monetary policy from the Euro-area crisis. Journal of Macroeconomics, 39(Part B), 378-382. https://doi.org/10.1016/j.jmacro.2013.08.014
  • Goodhart, C. A. E., Huang, Haizhou (1995). What is the Central Bank's game? (Financial Markets Group Discussion Papers 222). Financial Markets Group, The London School of Economics and Political Science. picture_as_pdf
  • Goodhart, C. A. E., Kabiri, Ali (2019). Monetary policy and bank profitability in a low interest rate environment: a follow-up and a rejoinder. (CEPR discussion papers DP13752). Centre for Economic Policy Research (Great Britain). picture_as_pdf
  • Goodhart, C. A. E., Peiris, M. U., Tsomocos, Dimitrios P, Wang, Xuan (2021). Corporate legacy debt, inflation, and the efficacy of monetary policy. (Monetary Economics and Fluctuations DP16799). Centre for Economic Policy Research (Great Britain). picture_as_pdf
  • Goodhart, Charles (2017). The optimal size for central bank balance sheets. Central Banking, XXVIII(2), 128-135.
  • Greenwood, Robin, Vayanos, Dimitri (2008). Bond supply and excess bond returns. (Financial Markets Group Discussion Papers 607). Financial Markets Group, The London School of Economics and Political Science.
  • Mallick, Sushanta K., Sousa, Ricardo J. (2013). The real effects of financial stress in the Eurozone. International Review of Financial Analysis, 30, 1-17. https://doi.org/10.1016/j.irfa.2013.05.003
  • Mallick, Sushanta K., Sousa, Ricardo M. (2013). Commodity prices, inflationary pressures, and monetary policy: evidence from BRICS economies. Open Economies Review, 24(4), 677-694. https://doi.org/10.1007/s11079-012-9261-5
  • Schellekens, Phillip, Chadha, Jagjit (1998). Utility functions for central bankers: the not so drastic quadratic. (Financial Markets Group Discussion Papers 308). Financial Markets Group, The London School of Economics and Political Science. picture_as_pdf
  • Sunirand, Pojanart (2003). The role of money in the transmission mechanism of monetary policy: evidence from Thailand. (Financial Markets Group Discussion Papers 451). Financial Markets Group, The London School of Economics and Political Science.
    • Government
  • Soskice, David, Carlin, Wendy (2018). Stagnant productivity and low unemployment: stuck in a Keynesian equilibrium. Oxford Review of Economic Policy, 34(1-2), 169-194. https://doi.org/10.1093/oxrep/grx060
    • Hellenic Observatory
  • Mamatzakis, Emmanuel C. (2024). High Greek bank net interest margins, recapitalisations and competition. (GreeSE Papers: Hellenic Observatory Discussion Papers on Greece and Southeast Europe 199). Hellenic Observatory, London School of Economics and Political Science. picture_as_pdf
    • LSE
  • Albert, Juan-Francisco, Gómez-Fernández, Nerea (2018). Monetary policy and the redistribution of net worth in the US. London School of Economics and Political Science. picture_as_pdf
  • Ali, Mona (2018). Brexit and the reemergence of the balance of payments as a policy constraint. picture_as_pdf
  • Armas, Adrián, Castillo, Paul, Vega, Marco (2014). Inflation targeting and quantitative tightening: effects of reserve requirements in Peru. Economía, 15(1), 133 - 175. https://doi.org/10.31389/eco.86 picture_as_pdf
  • Bellifemine, Marco, Couturier, Adrien, Jamilov, Rustam (2025). Monetary unions with heterogeneous fiscal space. Journal of International Economics, 156, https://doi.org/10.1016/j.jinteco.2025.104092 picture_as_pdf
  • Capasso, Salvatore, Foresti, Pasquale (2024). Monetary-fiscal policies design and financial shocks in currency unions. Economia Politica, 41(2), 439 - 455. https://doi.org/10.1007/s40888-024-00337-y picture_as_pdf
  • Coelho, Christiano A., De Mello, João M. P., Garcia, Márcio G. P. (2010). Identifying the bank lending channel in Brazil through data frequency. Economía, 10(2), 47 - 74. https://doi.org/10.1353/eco.2010.0004 picture_as_pdf
  • García-Cicco, Javier, Kawamura, Enrique (2014). Central bank liquidity management and “unconventional” monetary policies. Economía, 15(1), 39 - 87. https://doi.org/10.31389/eco.84 picture_as_pdf
  • García-Herrero, Alicia, Girardin, Eric, dos Santos, Enestor (2017). Do as I do, and also as I say: monetary policy impact on Brazil’s financial markets. Economía, 17(2), 65 - 92. https://doi.org/10.31389/eco.66 picture_as_pdf
  • Goncharov, Igor, Novotny-Farkas, Zoltán, Pizzo, Carmine (2025). Accounting policies, distribution rules, and the financial performance of central banks. In Broeders, Dirk, Houben, Aerdt, Bonetti, Matteo (Eds.), Central Bank Capital in Turbulent Times: The Risk Management Dimension of Novel Monetary Policy Instruments (pp. 61 - 94). Springer. https://doi.org/10.1007/978-3-031-73549-3_3 picture_as_pdf
  • González, Mario, Tadle, Raul Cruz (2020). Signaling and financial market impact of chile’s central bank communication: a content analysis approach. Economía, 20(2), 127 - 178. https://doi.org/10.1353/eco.2020.0005 picture_as_pdf
  • Hamann, Franz, Hofstetter, Marc, Urrutia, Miguel (2014). Inflation targeting in Colombia, 2002–12. Economía, 15(1), 1 - 37. https://doi.org/10.31389/eco.83 picture_as_pdf
  • Malovic, Marko (2007). Exchange rate regimes and monetary policies in emerging markets: a showdown for few theoretical misconceptions. (Discussion papers DP42). Centre for the Study of Global Governance, London School of Economics and Political Science.
  • Mariscal, Rodrigo, Powell, Andrew, Tavella, Pilar (2018). On the credibility of inflation-targeting regimes in Latin America. Economía, 18(2), 1 - 24. https://doi.org/10.1353/eco.2018.a694082 picture_as_pdf
  • Rey, Hélène (2025). Monetary and financial policies. In Besley, Tim, Bucelli, Irene, Velasco, Andrés (Eds.), The London Consensus: Economic Principles for the 21st Century (pp. 219 - 249). LSE Press. https://doi.org/10.31389/lsepress.tlc.g picture_as_pdf
  • Schmidt-Hebbel, Klaus, Werner, Alejandro (2002). Inflation targeting in Brazil, Chile, and Mexico: performance, credibility, and the exchange rate. Economía, 2(2), 31 - 79. https://doi.org/10.1353/eco.2002.0007 picture_as_pdf
  • Tammas-Hastings, Dan (2018). ICOs: raising money by issuing cryptocurrency, with less regulation. picture_as_pdf
  • Volckart, Oliver (2015). Power politics and princely debts: why Germany’s common currency failed, 1549-1556. (Economic History working paper series 223/2015). London School of Economics and Political Science.
  • de Lis, Santiago Fernández, García-Herrero, Alicia (2013). Dynamic provisioning a buffer rather than a countercyclical tool? Economía, 13(2), 35 - 60. https://doi.org/10.31389/eco.122 picture_as_pdf
    • LSE IDEAS
  • Ryan, John, Loughlin, John (2018). Lessons from historical monetary unions - is the European monetary union making the same mistakes? International Economics and Economic Policy, https://doi.org/10.1007/s10368-018-0416-8
    • STICERD
  • Besley, Timothy, Meads, Neil, Surico, Paolo (2008). Insiders versus outsiders in monetary policymaking. American Economic Review, 98(2), 218-223. https://doi.org/10.1257/aer.98.2.218
    • School of Public Policy
  • Céspedes, Luis Felipe, Chang, Roberto, Velasco, Andres (2012). Is inflation targeting still on target? (NBER Working Paper 18570). National Bureau of Economic Research. https://doi.org/10.3386/w18570
  • Céspedes, Luis Felipe, Velasco, Andres (2012). Macroeconomic performance during commodity price booms and busts. IMF Economic Review, 60(4), 570-599. https://doi.org/10.1057/imfer.2012.22
    • Statistics
  • Barigozzi, Matteo, Conti, Antonio, Luciani, Matteo (2012). Do Euro area countries respond asymmetrically to the common monetary policy? The Authors.
  • Barigozzi, Matteo (2018). On the stability of euro area money demand and its implications for monetary policy. Oxford Bulletin of Economics and Statistics, 80(4), 755-787. https://doi.org/10.1111/obes.12239
    • Systemic Risk Centre
  • Acharya, Viral, Plantin, Guillaume (2017). Monetary easing and financial instability. (Systemic Risk Centre Discussion Papers 63). Systemic Risk Centre, The London School of Economics and Political Science.
  • Buch, Claudia M., DeLong, Gayle, Neugebauer, Katja (2007). International banking and the allocation of risk. (IAW-Diskussionspapiere 32). InstItut für Angewandte WIrtschaftsforschung.
  • Mueller, Philippe, Tahbaz-Salehi, Alireza, Vedolin, Andrea (2016). Exchange rates and monetary policy uncertainty. (Systemic Risk Centre Discussion Papers 54). Systemic Risk Centre, The London School of Economics and Political Science.
  • Todorov, Karamfil (2020). Quantify the quantitative easing: impact on bonds and corporate debt issuance. Journal of Financial Economics, 135(2), 340 - 358. https://doi.org/10.1016/j.jfineco.2019.08.003 picture_as_pdf