- The High|Frequency Response of Energy Prices to Monetary Policy🔍
- Heterogeneous effects of monetary tightening in response to energy ...🔍
- Rosanna Costa🔍
- Monetary Policy and Wealth Effects🔍
- Monetary Policy🔍
- A Heterogeneous Agent Model of Energy Consumption and Energy ...🔍
- The heterogeneous effects of carbon pricing🔍
- Monetary Policy with Heterogeneous Agents🔍
Heterogeneous effects of monetary tightening in response to energy ...
This paper also documents economically important effects of asset purchases on oil prices. In a narrow window around the FOMC meeting the cumulative financial ...
Heterogeneous effects of monetary tightening in response to energy ...
Using our model, we show that an increase in foreign energy prices has adverse economic consequences regardless of the monetary policy response. Since energy ...
Rosanna Costa: Heterogeneity in macroeconomics - implications for ...
The importance of the inclusion of heterogeneity for monetary policy analysis is not only about the understanding of the mechanisms that this ...
Quantitatively, the model matches the empirical response of asset prices and the heterogeneous impact on borrowers and savers. We find that wealth effects ...
Monetary Policy, Firm Heterogeneity, and Product Variety - LSE
It shows that contractionary monetary policy exerts an important reallocation effect by cleansing unproductive firms and enhancing aggregate productivity. At ...
A Heterogeneous Agent Model of Energy Consumption and Energy ...
communicate these effects to the public and relevant public institutions. • Q2: What type of monetary policy response to energy price shocks is.
In response to these macro developments, there is a mild tightening of the monetary policy stance, with the two-year interest rate slowly but persistently ...
their response to aggregate shocks, should contribute to our understanding of the implications of heterogeneity for aggregate fluctuations. Unfortunately ...
Sofía Bauducco Andrés Fernández Giovanni L. Violante
Heterogeneity in Macroeconomics: Implications for Monetary Policy, edited by ... an Energy Shock: Fiscal and Monetary Policy examines the.
On the Effects of Monetary Policy Shocks on Income and ...
... response is quite even in the cross section, but there is heterogeneity in regard to the channels that lead to the consumption response.
• high MPCs: much larger negative income effects. • when χ is low ⇒ income ... 3 Managing the energy shock: Monetary policy. 4 Managing the energy shock ...
Regional Heterogeneity and the Refinancing Channel of Monetary ...
We argue that the time-varying regional distribution of housing equity influences the aggregate consequences of monetary policy through its effects on mortgage ...
Inflation is not equal for all: the heterogeneous effects of energy ...
Our main results are that energy shocks are the main drivers behind inflation inequality and that the monetary policy response can contribute to ...
Paul Hubert - Research - Google Sites
» The Heterogeneous Effects of Monetary Policy on ... » Monetary Policy Reaction Function and the Financial ... Energy Policy, 42, 509-520, with Liza ...
Past and Future Effects of the Recent Monetary Policy Tightening
That model implies larger effects of monetary policy and faster policy transmission than other empirical models. ... Tightening effects on the labor market ...
Heterogeneous effects of financial development on renewable ...
A transition from conventional energy sources to renewable energy (RE) sources remains an important concern of the present world. This transition, however ...
The Heterogeneous Effects of Monetary Policy on Labor Income
To answer this question, we use matched administrative-survey individual data to disentangle the distributional effects of monetary policy on ...
Uncovering the heterogeneous effects of ECB unconventional ...
In the case of the ECB, the monetary policy response to the crisis has been shaped by the particularly large degree of heterogeneity across euro area ...
The effect of monetary policy on inflation heterogeneity along the ...
inflation by high-income households responds more to monetary policy, making the overall effect ... energy prices and infla- tion. This latter component of ...
Energy Inflation and Consumption Inequality
Maximizing welfare monetary policy response reduces the impact of energy inflation on consump- ... Energy prices and household heterogeneity: ...