Discussion paper DP17514 The Burst of High Inflation in 2021-22: How and Why Did We Get Here? 29 Jul 2022 Price level Central bank independence Monetary Economics and Fluctuations E58 E50 E31
Discussion paper DP17304 A Traffic-Jam Theory of Growth Daria Finocchiaro Philippe Weil 12 May 2022 Growth Finance Search frictions Macroeconomics and Growth Monetary Economics and Fluctuations E40 E50
Discussion paper DP17277 Sanctions and the Exchange Rate Oleg Itskhoki Dmitry Mukhin 4 May 2022 Exchange Rates Sanctions exchange rate Currency Capital flows Financial repression International Macroeconomics and Finance International Trade and Regional Economics Macroeconomics and Growth Monetary Economics and Fluctuations Political Economy E50 F31 F32 F41 F51
Discussion paper DP17250 Endogenous Product Adjustment and Exchange Rate Pass-Through Andreas Freitag Sarah Lein 24 Apr 2022 Large exchange rate shocks Exchange rate pass-through quality adjustment International Macroeconomics and Finance International Trade and Regional Economics E3 E31 E50 F14 F41
Discussion paper DP16396 Carbon Taxation and Greenflation: Evidence from Europe and Canada Max Konradt Beatrice Weder di Mauro 6 Mar 2022 Co2 taxes Carbon pricing inflation monetary policy Climate change International Macroeconomics and Finance Macroeconomics and Growth Monetary Economics and Fluctuations E31 E50 Q54 Q43
Discussion paper DP17041 Are Households Indifferent to Monetary Policy Announcements? Fiorella De Fiore Marco Lombardi Johannes Schuffels 16 Feb 2022 Household expectations Monetary policy announcements Communication Monetary Economics and Fluctuations E30 E40 E50 E70
Discussion paper DP16952 Idiosyncratic Income Risk and Aggregate Fluctuations Davide Debortoli Jordi Gali 23 Jan 2022 Heterogeneous agents Economic fluctuations Idiosyncratic shocks monetary policy Hank models Monetary Economics and Fluctuations E21 E32 E50
Discussion paper DP16836 Identifying Monetary Policy Shocks Using the Central Bank’s Information Set Ruediger Bachmann Eric Sims Isabel Goedl Hanisch 25 Dec 2021 Identification Nowcasts Monetary policy shocks Local projections Monetary Economics and Fluctuations E31 E50 E52 E58
Discussion paper DP16687 The Debt Capacity of a Government Bernard Dumas Chunyu Yang 2 Nov 2021 Debt capacity Fiscal policy Asset market bubbles Social security sustainability Financial Economics E13 E43 E44 E50 E62 E63 H30 H62 H63 H68
Discussion paper DP16625 HALT: Heterogeneous-Agent Liquidity Traps Florin Bilbiie 9 Oct 2021 Heterogeneity Inequality Tractable hank Liquidity traps Neo-fisher Multipliers Forward guidance Optimal monetary policy Monetary Economics and Fluctuations E21 E31 E40 E44 E50 E52 E58 E60 E62
Discussion paper DP16404 Consistent Evidence on Duration Dependence of Price Changes Fernando Alvarez Katarína Borovičková Robert Shimer 28 Jul 2021 Baseline hazard Unobserved heterogeneity Mixed proportional hazard Gmm Sticky prices Nominal rigidities Monetary Economics and Fluctuations E31 E50 C14
Discussion paper DP16395 Financial ‘Side Effects’ of QE and Conventional Monetary Policy Compared Tomasz Wieladek M Weale 25 Jul 2021 Qe monetary policy Risk-taking channel of monetary policy Financial Economics International Macroeconomics and Finance Monetary Economics and Fluctuations E50 E51 E52