Monetary policy after the fall

By Charles R. Bean, Matthias Paustian, Adrian Penalver, Tim E. Taylor. 2010

225 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/a4c3a879a6b882205a5f5a5ee722a75c3a351512

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Citations in the corpus

What do we know about the effects of macroprudential policy (2018, unknown): “The literature on the interaction between macroprudential policy and monetary policy is in its infancy, including for example papers of Bean et al. (2010), Angeloni and Faia (2009), Beau et al. (2012), Kannan et al. (2012), and is discussed in Galati and Moessner (2013).”
Assessing the Economy-Wide Effects of Quantitative Easing (2012, unknown): “Meier (2009), Dale (2010), Joyce et al. (2011) and Bean et al. (2010), among others, have discussed the operational details of large-scale asset purchases by the Bank of England and analysed various aspects of the impact of these unconventional monetary measures.”
Financial Stability and Monetary Policy: How Closely Interlinked? (2014, background): “Examples of such outcomes are shown in Bean et al. (2010), Angelini, Neri, and Panetta (2011), and De Paoli and Paustian (2013).”
Macroprudential Policy - A Literature Review (2012, unknown): “Bean et al. (2010) study how the use of macroprudential policy tools might affect the conduct of monetary policy within a NewKeynesian DSGE model adapted from Gertler and Karadi (2009).”
How Do Credit Supply Shocks Propagate Internationally? A Gvar Approach (2015, methodology): “(2010), Beaton and Desroches (2011), Xu (2010) Chudik and Fratzscher (2011) and Bussière et al. (2011). The second approach is the factor-augmented VAR (or FAVAR) (Stock and Watson (2002), Bernanke et al. (2005)), whose applications to international nancial shock transmission include Helbling et al.”
Monetary and Macroprudential Policy in an Estimated DSGE Model of the Euro Area (2013, unknown): “0 Y k t (h) k 1 k dh # k k 1 ; for k = C;D (10)”
Monetary and Macroprudential Policies in an Estimated Model with Financial Intermediation (2014, methodology): “Di¤erently from Gertler and Karadi (2011), who treat t as a constant, we follow Dedola et al. (2013) and Bean et al. (2010), by assuming that t is time varying.”
Loan Supply Shocks During the Financial Crisis: Evidence for the Euro Area (2012, background): “Table 1: Sign restrictions in VAR models Loan volume Loan rate Other variables Bean et al. (2010) growth rate ↓ credit spread ↑ — De Nicolò and Lucchetta (2010) growth rate ↓ change ↑ — Helbling et al.”
Reserve Requirements for Price and Financial Stability - When are They Effective? (2012, unknown): “More generally, our study also contributes to the recent literature that analyzes the interaction of monetary and macroprudential policies (Bean et al, 2010, Cecchetti and Kohler, 2010, Cecchetti and Li, 2005, Kannan et al., 2009, Darraq Paries et al., 2010).”
Monetary Policy Rules Work and Discretion Doesn’t: A Tale of Two Eras (2012, background): “In a Bank of England study, Bean et al. (2010) argue that the low policy rates were a factor in the crisis, though only a “modest” factor. Like Jarocinski and Smets (2008), Bean et al. (2010) estimate a VAR.”
The macroeconomic effects of monetary policy: a new measure for the United Kingdom (2014, background): “…on 28 August 2010, Deputy Governor of the Bank of England Charles Bean argued that in times of financial stress asset purchases are a suitable last resort at the zero lower bound, but there are reasons to primarily rely on short-term interest rates in normal times (see Bean et al., 2010).”