Details about Adrian Penalver

Access statistics for papers by Adrian Penalver.

Last updated 2024-11-07. Update your information in the RePEc Author Service.

Short-id: ppe794

Working Papers

2023

1. Euro Area Monetary Policy Effects. Does the Shape of the Yield Curve Matter?
   Working papers, Banque de France
   See also Journal Article Euro area monetary policy effects. Does the shape of the yield curve matter?, Journal of Monetary Economics, Elsevier (2024) (2024)
2. Measuring and Comparing Consumption Inequality between France and the United States
   Working papers, Banque de France

2022

3. Central Bank Communication of Uncertainty
   Working papers, Banque de France
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2022)

2021

4. Clear, consistent and engaging: ECB monetary policy communication in a changing world
   Occasional Paper Series, European Central Bank View citations (6)
5. The Deflationary Bias of the ZLB and the FED’s Strategic Response
   Working papers, Banque de France
6. The ECB’s price stability framework: past experience, and current and future challenges
   Occasional Paper Series, European Central Bank View citations (18)

2020

7. A Pitfall of Cautiousness in Monetary Policy
   Working papers, Banque de France View citations (4)
8. A quantitative easing experiment
   ISER Discussion Paper, Institute of Social and Economic Research, Osaka University View citations (6)
   Also in GREDEG Working Papers, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France (2018) View citations (2)
   Working papers, Banque de France (2017) View citations (3)
   See also Journal Article A quantitative easing experiment, Journal of Economic Dynamics and Control, Elsevier (2020) View citations (6) (2020)

2019

9. The natural rate of interest: estimates, drivers, and challenges to monetary policy
   NBP Working Papers, Narodowy Bank Polski View citations (36)

2018

10. The natural rate of interest: estimates, drivers, and challenges to monetary policy JEL Classification: E52, E43
    Occasional Paper Series, European Central Bank View citations (85)

2016

11. Optimal Monitoring of Long-Term Loan Contracts
    Working papers, Banque de France

2014

12. Pre-crisis credit standards: monetary policy or the savings glut?
    Working papers, Banque de France View citations (2)

2011

13. Financial Stability Paper No 9: Whither the Credit Ratings Industry?
    Bank of England Financial Stability Papers, Bank of England View citations (16)

2008

14. Dealing with country diversity: challenges for the IMF credit union model
    Bank of England working papers, Bank of England View citations (5)

2006

15. Fiscal rules for debt sustainability in emerging markets: the impact of volatility and default risk
    Bank of England working papers, Bank of England View citations (18)

2005

16. Optimal collective action clause thresholds
    Bank of England working papers, Bank of England View citations (9)

2004

17. How can the IMF catalyse private capital flows? A model
    Bank of England working papers, Bank of England View citations (23)

2003

18. Analytics of sovereign debt restructuring
    Bank of England working papers, Bank of England View citations (14)
    See also Journal Article Analytics of sovereign debt restructuring, Journal of International Economics, Elsevier (2005) View citations (32) (2005)
19. Capital flows to emerging markets
    Bank of England working papers, Bank of England View citations (1)
20. The effect of payments standstills on yields and the maturity structure of international debt
    Bank of England working papers, Bank of England View citations (2)

Journal Articles

2024

1. Euro area monetary policy effects. Does the shape of the yield curve matter?
   Journal of Monetary Economics, 2024, 147, (S)
   See also Working Paper Euro Area Monetary Policy Effects. Does the Shape of the Yield Curve Matter?, Working papers (2023) (2023)

2023

2. A Pitfall of Cautiousness in Monetary Policy∗
   International Journal of Central Banking, 2023, 19, (3), 269-323

2021

3. Monetary policy measures during the first phase of the Covid-19 crisis
   (Les mesures de politique monétaire pendant la première phase de la crise de la Covid-19)
   Bulletin de la Banque de France, 2021, (234)

2020

4. A quantitative easing experiment
   Journal of Economic Dynamics and Control, 2020, 119, (C) View citations (6)
   See also Working Paper A quantitative easing experiment, ISER Discussion Paper (2020) View citations (6) (2020)

2016

5. Central Bank Communication, Decision Making and Governance: Issues, Challenges and Case Studies, by Pierre L. Siklos and Jan-Egbert Sturm ( MIT Press, Cambridge, MA, 2013 ), pp. 328
   The Economic Record, 2016, 92, (299), 671-673
6. What is responsible for the easing of credit standards before the crisis: monetary policy or the savings glut?
   Rue de la Banque, 2016, (25)

2010

7. Monetary policy after the fall
   Proceedings - Economic Policy Symposium - Jackson Hole, 2010, 267-328 View citations (89)

2009

8. Understanding Financial Crises (Clarendon Lectures in Finance)
   The Economic Record, 2009, 85, (270), 359-361

2005

9. Analytics of sovereign debt restructuring
   Journal of International Economics, 2005, 65, (2), 315-333 View citations (32)
   See also Working Paper Analytics of sovereign debt restructuring, Bank of England working papers (2003) View citations (14) (2003)

Chapters

2008

1. Financial Innovation: What Have We Learnt?
   A chapter in Lessons from the Financial Turmoil of 2007 and 2008, 2008 View citations (15)

2007

2. Innovation and Integration in Financial Markets and the Implications for Financial Stability
   A chapter in The Structure and Resilience of the Financial System, 2007 View citations (1)