The optimal quantity of CBDC in a bank-based economy L Burlon, MA Muñoz, F Smets American Economic Journal: Macroeconomics 16 (4), 172-217, 2024 | 91 | 2024 |
Effects of State‐Dependent Forward Guidance, Large‐Scale Asset Purchases, and Fiscal Stimulus in a Low‐Interest‐Rate Environment G Coenen, C Montes‐Galdón, F Smets Journal of Money, Credit and Banking 55 (4), 825-858, 2023 | 56 | 2023 |
Climate change and monetary policy in the euro area F Drudi, E Moench, C Holthausen, PF Weber, G Ferrucci, R Setzer, ... | 53 | 2021 |
Macroeconomic stabilisation and monetary policy effectiveness in a low-interest-rate environment G Coenen, C Montes-Galdon, S Schmidt Journal of Economic Dynamics and Control 132, 104205, 2021 | 47 | 2021 |
Unconventional monetary policy and the anchoring of inflation expectations M Ciccarelli, JA Garcia, C Montes-Galdón ECB working paper, 2017 | 37 | 2017 |
What caused the euro area post-pandemic inflation? An application of Bernanke and Blanchard (2023) Ó Arce, M Ciccarelli, A Kornprobst, C Montes-Galdón ECB Occasional Paper, 2024 | 36 | 2024 |
Monetary-fiscal policy interactions in the euro area X Debrun, K Masuch, I Vansteenkiste, M Ferdinandusse, L von Thadden, ... | 20 | 2021 |
SKEWED SVARs: TRACKING THE STRUCTURAL SOURCES OF MACROECONOMIC TAIL RISKS C Montes-Galdón, E Ortega Banco de España Documentos de Trabajo, 2022 | 15 | 2022 |
The Ecb's Price Stability Framework: Past Experience, and Current and Future Challenges M Cecioni, G Coenen, R Motto, H Le Bihan, V Ajevskis, U Albertazzi, ... | 12 | 2021 |
Disciplining expectations and the forward guidance puzzle T Müller, K Christoffel, F Mazelis, C Montes-Galdón Journal of Economic Dynamics and Control 137, 104336, 2022 | 11 | 2022 |
Review of macroeconomic modelling in the eurosystem: current practices and scope for improvement M Darracq Paries, A Notarpietro, J Kilponen, N Papadopoulou, S Zimic, ... | 6 | 2021 |
Conditional density forecasting: a tempered importance sampling approach C Montes-Galdón, J Paredes, E Wolf ECB Working Paper, 2022 | 4 | 2022 |
Disciplining expectations and the forward guidance puzzle K Christoffel, F Mazelis, C Montes-Galdón, T Müller European Central Bank Working Paper Series, 2020 | 3 | 2020 |
Using forecast-augmented VAR evidence to dampen the forward guidance puzzle K Christoffel, O De Groot, F Mazelis, C Montes-Galdón ECB working paper, 2020 | 3 | 2020 |
Rate forward guidance in an environment of large central bank balance sheets: a Eurosystem stock-taking assessment G Coenen, C Montes-Galdón, A Saint Guilhem, J Hutchinson, R Motto Occasional Paper Series, 2022 | 2 | 2022 |
Are Fiscal Multipliers Larger during Recessions? C Montes-Galdón Available at SSRN 2383509, 2013 | 2 | 2013 |
Using structural models to understand macroeconomic tail risks C Montes-Galdón, V Ajevskis, F Brázdik, P Garcia, W Gatt, D Lima, ... ECB Occasional Paper, 2024 | 1 | 2024 |
A model-based assessment of the macroeconomic impact of the ECB’s monetary policy tightening since December 2021 R Motto, C Montes-Galdón, A Ristiniemi, A Saint Guilhem, S Zimic, ... Economic Bulletin Boxes 3, 2023 | 1 | 2023 |
Estimating DSGE Models with Stan B Goodrich, C Montes-Galdon | 1 | 2020 |
Estimating Volatility Shocks C Montes-Galdon Available at SSRN 2518472, 2014 | 1 | 2014 |