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The Transmission of Monetary Policy under the Microscope

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What this work says

Outgoing claims: the papers this work cites, builds on, or argues with.

inferredcites →https://doi.org/10.1016/j.jedc.2020.103879openalex-snapshot
Household balance sheet channels of monetary policy: A back of the envelope calculation for the euro area
inferredcites →https://doi.org/10.1016/j.jet.2007.07.008openalex-snapshot
Limited asset markets participation, monetary policy and (inverted) aggregate demand logic
inferredcites →https://doi.org/10.1016/j.jmoneco.2017.05.005openalex-snapshot
Innocent Bystanders? Monetary policy and inequality
inferredcites →https://doi.org/10.1016/j.jmoneco.2017.07.003openalex-snapshot
Job uncertainty and deep recessions
inferredcites →https://doi.org/10.1016/j.jmoneco.2017.11.007openalex-snapshot
The consumption response to positive and negative income shocks
inferredcites →https://doi.org/10.1016/j.jmoneco.2019.01.014openalex-snapshot
Forward guidance
inferredcites →https://doi.org/10.1016/j.jmoneco.2019.03.003openalex-snapshot
The New Keynesian cross
inferredcites →https://doi.org/10.1016/j.jpubeco.2020.104163openalex-snapshot
What can we learn about household consumption expenditure from data on income and assets?
inferredcites →https://doi.org/10.1016/s0304-3932(01)00055-1openalex-snapshot
Monetary policy surprises and interest rates: Evidence from the Fed funds futures market
inferredcites →https://doi.org/10.1086/426038openalex-snapshot
Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy
inferredcites →https://doi.org/10.1086/654107openalex-snapshot
Consumption, Income, and Interest Rates: Reinterpreting the Time Series Evidence
inferredcites →https://doi.org/10.1086/654447openalex-snapshot
The 6D Bias and the Equity-Premium Puzzle
inferredcites →https://doi.org/10.1093/ej/ueaa135openalex-snapshot
Household Debt and Monetary Policy: Revealing the Cash-Flow Channel
inferredcites →https://doi.org/10.1093/jeea/jvx040openalex-snapshot
Unemployment (Fears) and Deflationary Spirals
inferredcites →https://doi.org/10.1093/qje/qjx005openalex-snapshot
Credit Crises, Precautionary Savings, and the Liquidity Trap*
inferredcites →https://doi.org/10.1093/qje/qjx019openalex-snapshot
The Deposits Channel of Monetary Policy*
inferredcites →https://doi.org/10.1093/qje/qjy021openalex-snapshot
Regional Heterogeneity and the Refinancing Channel of Monetary Policy*
inferredcites →https://doi.org/10.1093/restud/rdy074openalex-snapshot
Monetary Policy when Households have Debt: New Evidence on the Transmission Mechanism
inferredcites →https://doi.org/10.1111/ecoj.12593openalex-snapshot
Identification and Estimation of Dynamic Causal Effects in Macroeconomics Using External Instruments
inferredcites →https://doi.org/10.1111/jofi.12968openalex-snapshot
Stock Market Returns and Consumption
inferredcites →https://doi.org/10.1146/annurev.economics.050708.142933openalex-snapshot
The Consumption Response to Income Changes
inferredcites →https://doi.org/10.1162/003355302320935034openalex-snapshot
Sticky Information versus Sticky Prices: A Proposal to Replace the New Keynesian Phillips Curve
inferredcites →https://doi.org/10.1162/003465398557825openalex-snapshot
Consistent Covariance Matrix Estimation with Spatially Dependent Panel Data
inferredcites →https://doi.org/10.1162/jeea.2007.5.1.227openalex-snapshot
Understanding the Effects of Government Spending on Consumption
inferredcites →https://doi.org/10.1162/rest_a_00840openalex-snapshot
The Time-Varying Effect of Monetary Policy on Asset Prices
inferredcites →https://doi.org/10.1257/mac.20130329openalex-snapshot
Monetary Policy Surprises, Credit Costs, and Economic Activity
inferredcites →https://doi.org/10.1257/mac.20150093openalex-snapshot
The Macroeconomic Effects of Monetary Policy: A New Measure for the United Kingdom
inferredcites →https://doi.org/10.1257/mac.20180207openalex-snapshot
Uninsured Unemployment Risk and Optimal Monetary Policy in a Zero-Liquidity Economy
inferredcites →https://doi.org/10.1257/mac.20190064openalex-snapshot
Transmission of Monetary Policy with Heterogeneity in Household Portfolios
inferredcites →https://doi.org/10.1257/mac.4.2.1openalex-snapshot
Are the Effects of Monetary Policy Shocks Big or Small?
inferredcites →https://doi.org/10.1257/mac.6.4.84openalex-snapshot
Consumption, Income Changes, and Heterogeneity: Evidence from Two Fiscal Stimulus Programs
inferredcites →https://doi.org/10.1353/eca.2014.0002openalex-snapshot
The Wealthy Hand-to-Mouth
inferredcites →https://doi.org/10.2307/1913610openalex-snapshot
A Simple, Positive Semi-Definite, Heteroskedasticity and Autocorrelation Consistent Covariance Matrix
inferredcites →https://doi.org/10.3233/jem-170438openalex-snapshot
Imputing consumption from Norwegian income and wealth registry data
inferredcites →https://doi.org/10.3233/jem-200471openalex-snapshot
Housing wealth in Norway, 1993–2015
inferredcites →https://doi.org/10.3982/ecta10528openalex-snapshot
A Model of the Consumption Response to Fiscal Stimulus Payments
inferredcites →https://doi.org/10.3982/ecta11574openalex-snapshot
The Role of Automatic Stabilizers in the U.S. Business Cycle
inferredcites →https://doi.org/10.3982/ecta13601openalex-snapshot
Precautionary Savings, Illiquid Assets, and the Aggregate Consequences of Shocks to Household Income Risk

What points at this work

Incoming claims: where this work appears in other papers’ reference lists and arguments.

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Price Rigidity Induced Transmission of Monetary Policy Through Banks
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Heterogeneous Asset Returns and Distributional Effects of Monetary Policy
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How does monetary policy affect income and wealth inequality? Evidence from quantitative easing in the euro area
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Measuring monetary policy shocks and their effects in an emerging economy: the case of Brazil
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Monetary Policy and the Evolution of Wealth Disparity: An Assessment Using US Survey of Consumer Finance Data
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Monetary policy shocks and their effects across the wealth distribution: evidence from new European data
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Measuring the effect of monetary policy on income inequality in OECD countries
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Global monetary policy shocks and the adaptation of supply chains
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Resolving puzzles of monetary policy transmission in emerging markets
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Monetary policy and the functional income distribution: Two million firms’ production dynamics
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Quasi-fiscal policies in times of crisis: A high-frequency data analysis
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Hand-to-mouth households in the eurosystem and the transmission of monetary policy
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The uncertainty-driven channel of monetary transmission on household consumption: the role of households’ balance sheet positions
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The macroeconomic effects of money demand and capital liquidity: A financial accelerator perspective
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The sentiment channel of monetary policy: Evidence from air quality and household spending
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Tradeoffs for the poor, divine coincidence for the rich
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From boom to bust: Probabilities of turning points in house prices
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Stock market responses to monetary policy shocks: Firm-level evidence
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Does monetary policy impact innovation? Evidence from Australian Administrative Data
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Monetary policy effectiveness in a multi-sector model: The amplifying role of hand-to-mouth households
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The international spillovers of synchronous monetary tightening
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The macroeconomic effects of excess savings
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Consumer durables and monetary policy according to HANK
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Financing structure and heterogeneous effects of monetary policy
inferred← citeshttps://doi.org/10.1016/j.pacfin.2023.102032openalex-snapshot
Household net saving positions and unconventional monetary policy transmission: Evidence from Japan
inferred← citeshttps://doi.org/10.1017/s1365100526101308openalex-snapshot
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The Distributional Effects of Oil Shocks
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The Heterogeneous Effects of Monetary Policy on Labor Income: Disentangling the Extensive and Intensive Margins
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The Unequal Costs of Carbon Pricing: Economic and Political Effects Across European Regions
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A Tail of Labor Supply and a Tale of Monetary Policy
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Nonbank Lending and the Transmission of Monetary Policy
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MONETARY POLICY AND INEQUALITY: HOW DOES ONE AFFECT THE OTHER?
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HANK Beyond FIRE: Amplification, Forward Guidance, and Belief Shocks
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Cyclical Inequality in the Cost of Living and Implications for Monetary Policy
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Identifying the Depreciation Rate of Durables from Marginal Spending Responses
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Monetary Policy and Inequality
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Distributional Effects of Monetary Policy in the Short Run—Evidence From Norway
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Pinching Pennies: Monetary Restraint and Excess Sensitivity
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Fiscal and Monetary Policy with Heterogeneous Agents
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The Distribution of Households' Indebtedness and the Transmission of Monetary Policy
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Five Facts about the Distributional Income Effects of Monetary Policy Shocks
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Carbon Pricing and Heterogeneity in Household Inflation Expectations: Evidence from the Euro Area
inferred← citeshttps://doi.org/10.2139/ssrn.5838442openalex-snapshot
Heterogeneity of Consumption Responses to Aggregate Uncertainty
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Identifying Monetary Policy Shocks: A Natural Language Approach
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آفاق الاقتصاد العالمي، إبريل 2023
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Перспективы развития мировой экономики, апрель 2023 года
inferred← citeshttps://doi.org/10.5089/9798400257292.001openalex-snapshot
Monetary Policy and Labor Market Gender Gaps
inferred← citeshttps://doi.org/10.53479/36653openalex-snapshot
HANK beyond FIRE: Amplification, forward guidance, and belief shocks
inferred← citeshttps://doi.org/10.59576/sr.1090openalex-snapshot
Micro Responses to Macro Shocks
inferred← citeshttps://doi.org/10.59576/sr.1147openalex-snapshot
Tradeoffs for the Poor, Divine Coincidence for the Rich
inferred← citeshttps://doi.org/10.59576/sr.1148openalex-snapshot
Subjective Uncertainty and the Marginal Propensity to Consume
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Nonlinear Micro Income Processes with Macro Shocks
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