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David Bügel

Papers by David Bügel tracked in the Macro Paper Warehouse.

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Online First Journal of Money, Credit and Banking Online 18 Sep 2026
Unconventional but Different After All? A Unified Series of Narrative Monetary Policy Shocks

David Bügel · Albert Hidalgo · Ralph Luetticke

Asking whether unconventional monetary policy works differently from an interest-rate cut has been hard to answer because the two kinds of policy have been measured with different tools, so any …