 | A Bottom-Up Reduced Form Phillips Curve for the Euro Area Author/Editor: Thomas McGregor, Frederik G Toscani. Release Date:December, 2022 We develop a bottom-up model of inflation in the euro area based on a set of augmented Phillips curves for seven sub-components of core inflation, and auxiliary regressions for non-core items. The more...
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 | Exchange-Rate Swings and Foreign Currency Intervention Author/Editor: Andrew Filardo, R G Gelos, Thomas McGregor. Release Date:July, 2022 This paper develops a new approach for exploring the effectiveness of foreign currency intervention, focusing on real exchange cycles. Using band spectrum regression methods, it examines the role of more...
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 | Young Firms and Monetary Policy Transmission Author/Editor: Marco Casiraghi, Thomas McGregor, Dino Palazzo. Release Date:March, 2021 We investigate the role of business dynamism in the transmission of monetary policy by exploitingthe variation in firm demographics across U.S. states. Using local projections, we find that a larger more...
| Price: $18.00
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 | Pricing Sovereign Debt in Resource-Rich Economies Author/Editor: Thomas McGregor. Release Date:November, 2019 How do oil price movements affect sovereign spreads in an oil-dependent economy? I develop a stochastic general equilibrium model of an economy exposed to co-moving oil price and output processes, more...
| Price: $18.00
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