create a website

Non-standard monetary policy, asset prices and macroprudential policy in a monetary union. (2016). Pisani, Massimiliano ; Notarpietro, Alessandro ; Gerali, Andrea ; Burlon, Lorenzo.
In: Temi di discussione (Economic working papers).
RePEc:bdi:wptemi:td_1089_16.

Full description at Econpapers || Download paper

Cited: 11

Citations received by this document

Cites: 27

References cited by this document

Cocites: 50

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

  1. Quantifying Stock and Flow Effects of QE. (2021). Tanaka, Masaki ; Sudo, Nao.
    In: Journal of Money, Credit and Banking.
    RePEc:wly:jmoncb:v:53:y:2021:i:7:p:1719-1755.

    Full description at Econpapers || Download paper

  2. Spend today or spend tomorrow? The role of inflation expectations in consumer behaviour. (2020). Zizza, Roberta ; Rondinelli, Concetta.
    In: Temi di discussione (Economic working papers).
    RePEc:bdi:wptemi:td_1276_20.

    Full description at Econpapers || Download paper

  3. Natural rates across the Atlantic. (2019). Neri, Stefano ; Gerali, Andrea.
    In: Journal of Macroeconomics.
    RePEc:eee:jmacro:v:62:y:2019:i:c:s0164070417304652.

    Full description at Econpapers || Download paper

  4. Non-standard monetary policy measures in the new normal. (2019). Pisani, Massimiliano ; Notarpietro, Alessandro ; Bartocci, Anna.
    In: Temi di discussione (Economic working papers).
    RePEc:bdi:wptemi:td_1251_19.

    Full description at Econpapers || Download paper

  5. The non-standard monetary policy measures of the ECB: motivations, effectiveness and risks. (2019). Neri, Stefano ; Siviero, Stefano.
    In: Questioni di Economia e Finanza (Occasional Papers).
    RePEc:bdi:opques:qef_486_19.

    Full description at Econpapers || Download paper

  6. Housing boom-bust cycles and asymmetric macroprudential policy. (2018). Gatt, William.
    In: CBM Working Papers.
    RePEc:mlt:wpaper:0218.

    Full description at Econpapers || Download paper

  7. Non-standard monetary policy, asset prices and macroprudential policy in a monetary union. (2018). Pisani, Massimiliano ; Notarpietro, Alessandro ; Burlon, Lorenzo ; Gerali, A.
    In: Journal of International Money and Finance.
    RePEc:eee:jimfin:v:88:y:2018:i:c:p:25-53.

    Full description at Econpapers || Download paper

  8. Do Market Segmentation and Preferred Habitat Theories Hold in Japan? : Quantifying Stock and Flow Effects of Bond Purchases. (2018). Sudo, Nao ; Tanaka, Masaki .
    In: Bank of Japan Working Paper Series.
    RePEc:boj:bojwps:wp18e16.

    Full description at Econpapers || Download paper

  9. Macroeconomic effectiveness of non-standard monetary policy and early exit. A model-based evaluation. (2017). Pisani, Massimiliano ; Notarpietro, Alessandro ; Gerali, Andrea ; Burlon, Lorenzo.
    In: International Finance.
    RePEc:bla:intfin:v:20:y:2017:i:2:p:155-173.

    Full description at Econpapers || Download paper

  10. Macroeconomic effects of non-standard monetary policy measures in the euro area: the role of corporate bond purchases. (2017). Pisani, Massimiliano ; Notarpietro, Alessandro ; Burlon, Lorenzo ; Bartocci, Anna.
    In: Temi di discussione (Economic working papers).
    RePEc:bdi:wptemi:td_1136_17.

    Full description at Econpapers || Download paper

  11. Macroeconomic effectiveness of non-standard monetary policy and early exit. A model-based evaluation. (2016). Pisani, Massimiliano ; Notarpietro, Alessandro ; Gerali, Andrea ; Burlon, Lorenzo.
    In: Temi di discussione (Economic working papers).
    RePEc:bdi:wptemi:td_1074_16.

    Full description at Econpapers || Download paper

References

References cited by this document

  1. Andrés, J., J. López-Salido, and E. Nelson (2004). Tobin’s imperfect asset substitution in optimizing general equilibrium. Journal of Money, Credit and Banking, vol. 36(4), pp. 665–90.

  2. Angelini, P., and A. Gerali (2012). Banks reactions to Basel-III. Temi di discussione (Economic working papers) no. 876, Bank of Italy, Directorate General for Economics, Statistics and Research.

  3. Beau, D., C. Cahn, L. Clerc, and B. Mojon (2012). Macro–prudential policy and the conduct of monetary policy. Working paper no. 390, Banque de France.

  4. Brzoza-Brzezina, M., M. Kolasa, and K. Makarski (2015). Macroprudential policy and imbalances in the euro area. Journal of International Money and Finance, vol. 51(C), pp. 137–154.

  5. Burlon, L., A. Gerali, A. Notarpietro, and M. Pisani (2015). Inflation, financial conditions and non-standard monetary policy in a monetary union. A model-based evaluation. Temi di discussione (Economic working papers) no. 1015, Bank of Italy, Directorate General for Economics, Statistics and Research.

  6. Burlon, L., A. Gerali, A. Notarpietro, and M. Pisani (2016). Macroeconomic effectiveness of non-standard monetary policy and early exit. A model-based evaluation. Temi di discussione (Economic working papers) 1074, Bank of Italy, Directorate General for Economics, Statistics and Research.

  7. Chen, H., V. Cúrdia, and A. Ferrero (2012). The macroeconomic effects of large-scale asset purchase programmes. The Economic Journal, vol. 122, pp. 289–315.

  8. Christoffel, K., G. Coenen, and A. Warne (2008). The New Area-Wide Model of the Euro area: a micro-founded open-economy model for forecasting and policy Analysis. ECB Working Paper no. 944, European Central Bank.

  9. Collard, F., H. Dellas, B. Diba, and O. Loisel (2012). Optimal monetary and macroprudential policies. Working paper no. 413, Banque de France.

  10. Corsetti, G., and G. J. Mueller (2006). Twin deficits: Squaring theory, evidence and common Sense. Economic Policy, vol. 48, pp. 597–638, October.

  11. Cúrdia, V. and M. Woodford (2011). The central-bank balance sheet as an instrument of monetary policy, Journal of Monetary Economics, vol. 58, pp. 54–79.

  12. Dupor, B. (2005). Stabilizing non-fundamental asset price movements under discretion and limited information. Journal of Monetary Economics, vol. 60(5), pp. 727–747.

  13. Gelain, P., and P. Ilbas (2014). Monetary and macroprudential policies in an estimated model with financial intermediation. Working Paper Research no. 258, National Bank of Belgium.

  14. Gerali A., S. Neri, L. Sessa, and F. M. Signoretti (2010). Credit and banking in a DSGE model of the Euro area. Journal of Money, Credit and Banking, Blackwell Publishing, vol. 42(s1), pp. 107–141, 09.

  15. Gertler, M. and N. Kiyotaki (2010). Chapter 11 - financial intermediation and credit policy in business Cycle Analysis, In: B. M. Friedman and M. Woodford, Editor(s), Handbook of Monetary Economics, Elsevier, vol. 3, pp. 547–599.

  16. Gertler, M., and P. Karadi (2011). A model of unconventional monetary policy. Journal of Monetary Economics, vol. 58, pp. 17–34.

  17. Gomes, S., P. Jacquinot, and M. Pisani (2010). The EAGLE. A model for policy analysis of macroeconomic interdependence in the Euro area. ECB Working Paper no. 1195, European Central Bank.

  18. Hartmann P. (2015). Real estate markets and macroprudential policy in Europe. ECB Working Paper no. 1796, European Central Bank.

  19. Iacoviello, M. (2005). House prices, borrowing constraints and monetary policy in the busi- ness cycle. American Economic Review, vol. 95(3), pp. 739– 764.

  20. In’t Veld, J., R. Kollmann, B. Pataracchia, M. Ratto, W. Roeger (2014). International capital flows and the boom-bust cycle in Spain. European Economy Economic Papers, no. 519, June, European Commission.

  21. Neri, S. (2016). Financial intermediation and monetary and macroprudential policies, mimeo.
    Paper not yet in RePEc: Add citation now
  22. Pesenti, P. (2008). The Global Economy Model (GEM): theoretical framework, IMF Staff Papers, Volume 55, Issue 2, pp. 243–284.

  23. Quint D., and P. Rabanal (2014). Monetary and macroprudential policy in an estimated DSGE model of the Euro area. International Journal of Central Banking, vol. 10(2), pp. 169–236, June.

  24. Rotemberg, Julio J. (1982). Monopolistic price adjustment and aggregate output. Review of Economic Studies, vol. 49, pp. 517-531.

  25. Rubio, M. and J. A. Carrasco-Gallego (2014). Macroprudential and monetary policies: implications for financial stability and welfare. Journal of Banking and Finance. 49, pp. 326–336.

  26. Visco, I. (2015). Eurozone challenges and risks. London - Wharton-University of Pennsylvania - Second Annual Meeting of the Zell/Lurie Real Estate Center, May 6.
    Paper not yet in RePEc: Add citation now
  27. Woodford, M. (2001). Fiscal requirements for price stability. Journal of Money, Credit and Banking, vol. 33, pp. 669–728.

Cocites

Documents in RePEc which have cited the same bibliography

  1. Financial Regulation and Shadow Banking: A Small-Scale DSGE Perspective. (2018). Pierrard, Olivier ; Moura, Alban ; Fève, Patrick ; Feve, Patrick.
    In: TSE Working Papers.
    RePEc:tse:wpaper:31822.

    Full description at Econpapers || Download paper

  2. The Macroeconomic Effects of Quantitative Easing in the Euro Area: Evidence from an Estimated DSGE Model. (2017). Vogel, Lukas ; Priftis, Romanos ; Hohberger, Stefan.
    In: MPRA Paper.
    RePEc:pra:mprapa:78955.

    Full description at Econpapers || Download paper

  3. Changing Macroeconomic Dynamics at the Zero Lower Bound. (2017). Zanetti, Francesco ; Theodoridis, Konstantinos ; mumtaz, haroon ; Liu, Philip.
    In: Economics Series Working Papers.
    RePEc:oxf:wpaper:824.

    Full description at Econpapers || Download paper

  4. Optimal quantitative easing. (2017). Harrison, Richard.
    In: Bank of England working papers.
    RePEc:boe:boeewp:0678.

    Full description at Econpapers || Download paper

  5. Financial Regulation and Shadow Banking: A Small-Scale DSGE Perspective. (2017). Pierrard, Olivier ; Fève, Patrick ; Feve, Patrick.
    In: BCL working papers.
    RePEc:bcl:bclwop:bclwp111.

    Full description at Econpapers || Download paper

  6. Uncovering the portfolio balance channel with the use of sovereign credit ratings.. (2016). Villamizar-Villegas, mauricio ; Vasquez-Escobar, Diego ; Valencia-Arana, Oscar ; Andrade-Pardo, Laura .
    In: Revista ESPE - Ensayos sobre Política Económica.
    RePEc:bdr:ensayo:v:34:y:2016:i:81:p:191-205.

    Full description at Econpapers || Download paper

  7. The Transmission of Unconventional Monetary Policy in UK Government Debt Markets. (2015). Warren, James ; Meaning, Jack.
    In: National Institute Economic Review.
    RePEc:sae:niesru:v:234:y:2015:i:1:p:r40-r47.

    Full description at Econpapers || Download paper

  8. Cross-Country Co-movement in Long-Term Interest Rates: A DSGE Approach. (2015). Theodoridis, Konstantinos ; Filippeli, Thomai ; Chin, Michael.
    In: Working Papers.
    RePEc:qmw:qmwecw:wp753.

    Full description at Econpapers || Download paper

  9. Money and Output: Friedman and Schwartz Revisited. (2015). Ireland, Peter ; Belongia, Michael.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:21796.

    Full description at Econpapers || Download paper

  10. An agency problem in the MBS market and the solicited refinancing channel of large-scale asset purchases. (2015). Schlusche, Bernd ; Kandrac, John.
    In: Finance and Economics Discussion Series.
    RePEc:fip:fedgfe:2015-27.

    Full description at Econpapers || Download paper

  11. Monetary policy, bond risk premia, and the economy. (2015). Ireland, Peter.
    In: Journal of Monetary Economics.
    RePEc:eee:moneco:v:76:y:2015:i:c:p:124-140.

    Full description at Econpapers || Download paper

  12. Inflation, financial conditions and non-standard monetary policy in a monetary union. A model-based evaluation. (2015). Pisani, Massimiliano ; Notarpietro, Alessandro ; Gerali, Andrea ; Burlon, Lorenzo.
    In: Temi di discussione (Economic working papers).
    RePEc:bdi:wptemi:td_1015_15.

    Full description at Econpapers || Download paper

  13. International Spillovers of Large-Scale Asset Purchases. (2015). Kabaca, Serdar ; Alpanda, Sami.
    In: Staff Working Papers.
    RePEc:bca:bocawp:15-2.

    Full description at Econpapers || Download paper

  14. Mitigating financial stress in a bank-financed economy: Equity injections into banks or purchases of assets?. (2014). Kühl, Michael ; Kuhl, Michael.
    In: Discussion Papers.
    RePEc:zbw:bubdps:192014.

    Full description at Econpapers || Download paper

  15. Assessing the Effects of the Zero-Interest-Rate Policy through the Lens of a Regime-Switching DSGE Model. (2014). Chen, Han.
    In: Finance and Economics Discussion Series.
    RePEc:fip:fedgfe:2014-38.

    Full description at Econpapers || Download paper

  16. Unconventional government debt purchases as a supplement to conventional monetary policy. (2014). Tischbirek, Andreas ; Ellison, Martin.
    In: Journal of Economic Dynamics and Control.
    RePEc:eee:dyncon:v:43:y:2014:i:c:p:199-217.

    Full description at Econpapers || Download paper

  17. Institutional investor portfolio allocation, quantitative easing and the global financial crisis. (2014). Tonks, Ian ; Liu, Zhuoshi ; Joyce, Michael.
    In: Bank of England working papers.
    RePEc:boe:boeewp:0510.

    Full description at Econpapers || Download paper

  18. Monetary Policy, Bond Risk Premia, and the Economy. (2014). Ireland, Peter.
    In: Boston College Working Papers in Economics.
    RePEc:boc:bocoec:852.

    Full description at Econpapers || Download paper

  19. Direct effects of money on aggregate demand: another look at the evidence. (2013). Kulish, Mariano ; Elias, Stephen .
    In: Applied Economics.
    RePEc:taf:applec:v:45:y:2013:i:27:p:3801-3809.

    Full description at Econpapers || Download paper

  20. Evaluating Quantitative Easing: A DSGE Approach. (2013). Falagiarda, Matteo.
    In: MPRA Paper.
    RePEc:pra:mprapa:49457.

    Full description at Econpapers || Download paper

  21. Liquidity Effects of Central Banks Asset Purchase Programs. (2013). .
    In: MPRA Paper.
    RePEc:pra:mprapa:49424.

    Full description at Econpapers || Download paper

  22. Forecasting Long-Term Interest Rates with a General-Equilibrium Model of the Euro Area: What Role for Liquidity Services of Bonds?. (2013). Zagaglia, Paolo.
    In: Asia-Pacific Financial Markets.
    RePEc:kap:apfinm:v:20:y:2013:i:4:p:383-430.

    Full description at Econpapers || Download paper

  23. Duration risk versus local supply channel in Treasury yields: evidence from the Federal Reserves asset purchase announcements. (2013). D'Amico, Stefania ; Li, Canlin ; Damico, Stefania ; Cahill, Michael E. ; Sears, John S..
    In: Finance and Economics Discussion Series.
    RePEc:fip:fedgfe:2013-35.

    Full description at Econpapers || Download paper

  24. Monetary policy statements, Treasury yields, and private yields: before and after the zero lower bound. (2013). Kiley, Michael.
    In: Finance and Economics Discussion Series.
    RePEc:fip:fedgfe:2013-16.

    Full description at Econpapers || Download paper

  25. The response of equity prices to movements in long-term interest rates associated with monetary policy statements: before and after the zero lower bound. (2013). Kiley, Michael.
    In: Finance and Economics Discussion Series.
    RePEc:fip:fedgfe:2013-15.

    Full description at Econpapers || Download paper

  26. Friedmans monetary economics in practice. (2013). Nelson, Edward.
    In: Journal of International Money and Finance.
    RePEc:eee:jimfin:v:38:y:2013:i:c:p:59-83.

    Full description at Econpapers || Download paper

  27. Flow and stock effects of large-scale treasury purchases: Evidence on the importance of local supply. (2013). King, Thomas ; D'Amico, Stefania ; Damico, Stefania.
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:108:y:2013:i:2:p:425-448.

    Full description at Econpapers || Download paper

  28. Long-term interest rates, risk premia and unconventional monetary policy. (2013). Kulish, Mariano ; Jones, Callum.
    In: Journal of Economic Dynamics and Control.
    RePEc:eee:dyncon:v:37:y:2013:i:12:p:2547-2561.

    Full description at Econpapers || Download paper

  29. Credit, Endogenous Collateral and Risky Assets: A DSGE Model. (2013). Saia, Alessandro ; Falagiarda, Matteo.
    In: Working Papers.
    RePEc:bol:bodewp:wp916.

    Full description at Econpapers || Download paper

  30. The Bank of Englands forecasting platform: COMPASS, MAPS, EASE and the suite of models. (2013). Waldron, Matt ; Theodoridis, Konstantinos ; Monti, Francesca ; Harrison, Richard ; Burgess, Stephen ; Groth, Charlotta ; Fernandez-Corugedo, Emilio .
    In: Bank of England working papers.
    RePEc:boe:boeewp:0471.

    Full description at Econpapers || Download paper

  31. Opening remarks: monetary policy since the onset of the crisis. (2012). Bernanke, Ben.
    In: Proceedings - Economic Policy Symposium - Jackson Hole.
    RePEc:fip:fedkpr:y:2012:p:1-22.

    Full description at Econpapers || Download paper

  32. Monetary Policy since the Onset of the Crisis : a speech at the Federal Reserve Bank of Kansas City Economic Symposium, Jackson Hole, Wyoming, August 31, 2012. (2012). Bernanke, Ben S..
    In: Speech.
    RePEc:fip:fedgsq:645.

    Full description at Econpapers || Download paper

  33. The macroeconomic effects of large-scale asset purchase programs. (2012). Ferrero, Andrea ; Cúrdia, Vasco ; Chen, Han.
    In: Working Paper Series.
    RePEc:fip:fedfwp:2012-22.

    Full description at Econpapers || Download paper

  34. Quantitative Easing and Unconventional Monetary Policy – an Introduction. (2012). Vayanos, Dimitri ; Scott, Andrew ; Miles, David ; Joyce, Michael.
    In: Economic Journal.
    RePEc:ecj:econjl:v:122:y:2012:i:564:p:f271-f288.

    Full description at Econpapers || Download paper

  35. The ECB Unconventional Monetary Policies: Have They Lowered Market Borrowing Costs for Banks and Governments?. (2012). Szczerbowicz, Urszula.
    In: Working Papers.
    RePEc:cii:cepidt:2012-36.

    Full description at Econpapers || Download paper

  36. QE and the gilt market: a disaggregated analysis. (2012). Tong, Matthew ; Joyce, Michael ; Daines, Martin .
    In: Bank of England working papers.
    RePEc:boe:boeewp:0466.

    Full description at Econpapers || Download paper

  37. Fiscal shocks, public debt, and long-term interest rate dynamics. (2011). Salotti, Simone ; Paesani, Paolo ; Marattin, Luigi.
    In: Working Papers.
    RePEc:bol:bodewp:wp740.

    Full description at Econpapers || Download paper

  38. Introducing Multiple Interest rates in ToTEM. (2011). Mendes, Rhys ; Dorich, Jose ; Zhang, Yang.
    In: Bank of Canada Review.
    RePEc:bca:bcarev:v:2011:y:2011:i:summer11:p:3-10.

    Full description at Econpapers || Download paper

  39. Monetary policy after the fall.. (2010). Penalver, Adrian ; Bean, Charles ; Taylor, Tim ; Paustian, Matthias.
    In: Proceedings - Economic Policy Symposium - Jackson Hole.
    RePEc:fip:fedkpr:y:2010:p:267-328.

    Full description at Econpapers || Download paper

  40. Sticky Prices Versus Monetary Frictions: An Estimation of Policy Trade-offs. (2009). Schorfheide, Frank ; Aruoba, S. Boragan.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:14870.

    Full description at Econpapers || Download paper

  41. Forecasting with a DSGE Model of the term Structure of Interest Rates: The Role of the Feedback. (2009). Zagaglia, Paolo.
    In: Research Papers in Economics.
    RePEc:hhs:sunrpe:2009_0014.

    Full description at Econpapers || Download paper

  42. Sticky prices versus monetary frictions: an estimation of policy trade-offs. (2009). Schorfheide, Frank ; Aruoba, S. Boragan.
    In: Working Papers.
    RePEc:fip:fedpwp:09-8.

    Full description at Econpapers || Download paper

  43. DSGE model-based estimation of the New Keynesian Phillips curve. (2008). Schorfheide, Frank.
    In: Economic Quarterly.
    RePEc:fip:fedreq:y:2008:i:fall:p:397-433:n:v.94no.4.

    Full description at Econpapers || Download paper

  44. Effects of the Quantitative Easing Policy: A Survey of Empirical Analyses. (2007). Ugai, Hiroshi .
    In: Monetary and Economic Studies.
    RePEc:ime:imemes:v:25:y:2007:i:1:p:1-48.

    Full description at Econpapers || Download paper

  45. Can Central Banks Target Bond Prices?. (2006). Kuttner, Kenneth.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:12454.

    Full description at Econpapers || Download paper

  46. The monetary transmission mechanism. (2005). Ireland, Peter.
    In: Working Papers.
    RePEc:fip:fedbwp:06-1.

    Full description at Econpapers || Download paper

  47. Should Monetary Policy use Long-term Rates?. (2005). Kulish, Mariano.
    In: Boston College Working Papers in Economics.
    RePEc:boc:bocoec:635.

    Full description at Econpapers || Download paper

  48. Quantitative monetary easing and risk in financial asset markets. (2004). Kimura, Takeshi ; Small, David .
    In: Finance and Economics Discussion Series.
    RePEc:fip:fedgfe:2004-57.

    Full description at Econpapers || Download paper

  49. Conducting Monetary Policy at Very Low Short-Term Interest Rates. (2004). Reinhart, Vincent ; Bernanke, Ben.
    In: American Economic Review.
    RePEc:aea:aecrev:v:94:y:2004:i:2:p:85-90.

    Full description at Econpapers || Download paper

  50. The Financial Market Impact of Unconventional Monetary Policies in the U.S., the U.K., the Eurozone, and Japan. (). Hosono, Kaoru ; Isobe, Shogo .
    In: Discussion papers.
    RePEc:mof:wpaper:ron259.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-02-26 01:49:01 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Sponsored by INOMICS. Last updated October, 6 2023. Contact: CitEc Team.

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy