Warehouse / JEL /
E61
E61
3 papers tracked
1 forthcoming
Showing 3 papers
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Journal of Money, Credit and Banking
14 Nov 2024
Bank Opacity and Safe Asset MoneynessSANG RAE KIM
This paper studies when a bank is more effective as a supplier of privately produced money-like safe assets (repo, commercial paper), finding that a bank produces safer, more liquid assets when (1) …
Online First
Journal of Money, Credit and Banking
24 Oct 2024
Central Bank Independence at Low Interest RatesBENJAMÍN GARCÍA · ARSENIOS SKAPERDAS
This paper constructs a new measure of political pressure on the Federal Reserve from textual analysis of Fed Chairs’ testimonies at Humphrey-Hawkins congressional hearings, and documents that …
Forthcoming
Journal of Money, Credit and Banking
1 Feb 2026
Policy Biases in a Model with Labor‐Market FrictionsRICHARD DENNIS · TATIANA KIRSANOVA
Layer 1 — Overview Research Question
Dennis and Kirsanova ask whether shocks to labor-market matching efficiency and worker bargaining power pose a significant problem for monetary policy, and whether …