Details about Michael Ehrmann

Access statistics for papers by Michael Ehrmann.

Last updated 2009-11-05. Update your information in the RePEc Author Service.

Short-id: peh4

Working Papers

2009

1. Memories of high inflation
   Working Paper Series, European Central Bank
2. The reception of public signals in financial markets - what if central bank communication becomes stale?
   Working Paper Series, European Central Bank

2008

3. Central Bank Communication and Monetary Policy: A Survey of Theory and Evidence
   NBER Working Papers, National Bureau of Economic Research, Inc View citations
   Also in Working Paper Series, European Central Bank (2008) View citations
   DNB Working Papers, Netherlands Central Bank, Research Department (2008) View citations
   Working Papers, Princeton University, Department of Economics, Center for Economic Policy Studies. (2008) View citations
   See also Journal Article in Journal of Economic Literature (2008)
4. Geography or skills: what explains Fed Wachters' forecast accuracy of US monetary policy?
   Discussion Papers, Free University Berlin, School of Business & Economics
   Also in Working Paper Series, European Central Bank (2006)
5. Purdah - on the rationale for central bank silence around policy meetings
   Working Paper Series, European Central Bank View citations
   See also Journal Article in Journal of Money, Credit and Banking (2009)
6. The predictability of monetary policy
   Occasional Paper Series, European Central Bank View citations

2007

7. Convergence and Anchoring of Yield Curves in the Euro Area
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
   Also in Working Paper Series, European Central Bank (2007) View citations
   Working Paper Series, Federal Reserve Bank of San Francisco (2007) View citations
8. Explaining monetary policy in press conferences
   Working Paper Series, European Central Bank View citations
   See also Journal Article in International Journal of Central Banking (2009)
9. Social value of public information - testing the limits to transparency
   Working Paper Series, European Central Bank View citations

2006

10. Forecasting ECB Monetary Policy: Accuracy Is (Still) a Matter of Geography
    IMF Working Papers, International Monetary Fund View citations
    Also in Working Paper Series, European Central Bank (2006) View citations
    Discussion Papers, Free University Berlin, School of Business & Economics (2006) View citations
11. Global Financial Transmission of Monetary Policy Shocks
    CESifo Working Paper Series, CESifo Group Munich View citations
    Also in Working Paper Series, European Central Bank (2006) View citations
    See also Journal Article in Oxford Bulletin of Economics and Statistics (2009)
12. Inflation persistence and price-setting behaviour in the euro area – a summary of the IPN evidence
    Occasional Paper Series, European Central Bank View citations
13. Inflation persistence and price-setting behaviour in the euro area: a summary of the Inflation Persistence Network evidence
    Research series, National Bank of Belgium
14. Monetary policy in the media
    Working Paper Series, European Central Bank View citations
15. Rational inattention, inflation developments and perceptions after the euro cash changeover
    Working Paper Series, European Central Bank View citations

2005

16. Communication and decision-making by central bank committees - different strategies, same effectiveness?
    Working Paper Series, European Central Bank View citations
17. How should central banks communicate?
    Working Paper Series, European Central Bank View citations
18. New Evidence on Inflation Persistence and Price Stickiness in the Euro Area: Implications for Macro Modelling
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations
    See also Journal Article in Journal of the European Economic Association (2006)
19. Stocks, Bonds, Money Markets and Exchange Rates: Measuring International Financial Transmission
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    Also in Working Paper Series, European Central Bank (2005) View citations
20. The timing of central bank communication
    Working Paper Series, European Central Bank View citations
    See also Journal Article in European Journal of Political Economy (2007)
21. Transparency, disclosure and the Federal Reserve
    Working Paper Series, European Central Bank View citations
    See also Journal Article in International Journal of Central Banking (2007)

2004

22. Equal size, equal role? Interest rate interdependence between the euro area and the United States
    Working Paper Series, European Central Bank View citations
    Also in International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2004) View citations
    See also Journal Article in Economic Journal (2005)
23. Euro area inflation differentials
    Working Paper Series, European Central Bank View citations
    See also Journal Article in Topics in Macroeconomics (2007)
24. Exchange rates and fundamentals - new evidence from real-time data
    Working Paper Series, European Central Bank
    See also Journal Article in Journal of International Money and Finance (2005)
25. Firm Size and Monetary Policy Transmission – Evidence from German Business Survey Data
    CESifo Working Paper Series, CESifo Group Munich View citations
    Also in Economics Working Papers, European University Institute (2000) View citations
    Working Paper Series, European Central Bank (2000) View citations
26. Taking stock: monetary policy transmission to equity markets
    Working Paper Series, European Central Bank View citations

2003

27. Monetary policy transmission in the euro area: any changes after EMU?
    Working Paper Series, European Central Bank View citations
28. Monetary policy transmission in the euro area:New evidence from micro data on firms and banks
    Post-Print, HAL
    See also Journal Article in Journal of the European Economic Association (2003)

2002

29. Financial Systems and the Role of Banks in Monetary Policy Transmission in the Euro Area
    Documents de Travail, Banque de France
    Also in Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank, Research Centre (2001) View citations
    Temi di discussione (Economic working papers), Bank of Italy, Economic Research Department (2001) View citations
    Working Paper Series, European Central Bank (2001) View citations
30. Interdependence between the euro area and the US: what role for EMU?
    Working Paper Series, European Central Bank View citations
    See also Journal Article in Proceedings (2003)

2001

31. Interbank Lending and Monetary Policy Transmission: Evidence for Germany
    Working Papers, Quebec a Montreal - Recherche en gestion View citations
    Also in Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank, Research Centre (2001) View citations
    Working Paper Series, European Central Bank (2001) View citations
32. Regime-dependent impulse response functions in a Markov-switching vector autoregression model
    Research Discussion Papers, Bank of Finland View citations
    See also Journal Article in Economics Letters (2003)
33. Uncertain Potential Output: Implications for Monetary Policy
    Working Papers, Quebec a Montreal - Recherche en gestion View citations
    Also in Working Paper Series, European Central Bank (2001) View citations
    Computing in Economics and Finance 2001, Society for Computational Economics (2001) View citations
    See also Journal Article in Journal of Economic Dynamics and Control (2003)

2000

34. Does Inflation Targeting Increase Output volatility? An International Comparison of Policy Maker's Preferences and Outcomes
    Working Papers Central Bank of Chile, Central Bank of Chile View citations
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1999) View citations
35. The Exchange Rate - A Shock-Absorber or Source of Shocks? A Study of Four Open Economies
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
    Also in EUI-RSCAS Working Papers, European University Institute (EUI), Robert Schuman Centre of Advanced Studies (RSCAS) (2000)
    See also Journal Article in Journal of International Money and Finance (2006)

Journal Articles

2009

1. Explaining Monetary Policy in Press Conferences
   International Journal of Central Banking, 2009, 5, (2), 42-84
   See also Working Paper (2007)
2. Global Financial Transmission of Monetary Policy Shocks
   Oxford Bulletin of Economics and Statistics, 2009, 71, (6), 739-759
   See also Working Paper (2006)
3. Purdah-On the Rationale for Central Bank Silence around Policy Meetings
   Journal of Money, Credit and Banking, 2009, 41, (2-3), 517-528
   See also Working Paper (2008)

2008

4. Central Bank Communication and Monetary Policy: A Survey of Theory and Evidence
   Journal of Economic Literature, 2008, 46, (4), 910-45 View citations
   See also Working Paper (2008)

2007

5. Communication by Central Bank Committee Members: Different Strategies, Same Effectiveness?
   Journal of Money, Credit and Banking, 2007, 39, (2-3), 509-541 View citations
6. Euro Area Inflation Differentials
   Topics in Macroeconomics, 2007, 7, (1), 1509-1509 View citations
   Also in The B.E. Journal of Macroeconomics, 2007, 7, (1) (2007)
   See also Working Paper (2004)
7. The timing of central bank communication
   European Journal of Political Economy, 2007, 23, (1), 124-145 View citations
   See also Working Paper (2005)
8. Transparency, Disclosure, and the Federal Reserve
   International Journal of Central Banking, 2007, 3, (1), 179-225 View citations
   See also Working Paper (2005)

2006

9. New Evidence on Inflation Persistence and Price Stickiness in the Euro Area: Implications for Macro Modeling
   Journal of the European Economic Association, 2006, 4, (2-3), 562-574 View citations
   See also Working Paper (2005)
10. The exchange rate - A shock-absorber or source of shocks? A study of four open economies
    Journal of International Money and Finance, 2006, 25, (6), 874-893 View citations
    See also Working Paper (2000)

2005

11. Equal Size, Equal Role? Interest Rate Interdependence Between the Euro Area and the United States
    Economic Journal, 2005, 115, (506), 928-948 View citations
    See also Working Paper (2004)
12. Exchange rates and fundamentals: new evidence from real-time data
    Journal of International Money and Finance, 2005, 24, (2), 317-341 View citations
    See also Working Paper (2004)

2004

13. Bank Networks and Monetary Policy Transmission
    Journal of the European Economic Association, 2004, 2, (6), 1148-1171 View citations
14. Monetary transmission in diverse economies, Lavan Mahadeva and Peter Sinclair (eds.), Cambridge University Press, Cambridge, 2002
    International Journal of Finance & Economics, 2004, 9, (1), 81-82

2003

15. Interdependence between the Euro area and the U.S.: what role for EMU?
    Proceedings, 2003 View citations
    See also Working Paper (2002)
16. Monetary Policy Announcements and Money Markets: A Transatlantic Perspective
    International Finance, 2003, 6, (3), 309-28 View citations
17. Monetary Policy Transmission in the Euro Area: New Evidence From Micro Data on Firms and Banks
    Journal of the European Economic Association, 2003, 1, (2-3), 731-742 View citations
    See also Working Paper (2003)
18. Monetary transmission in the euro area: early evidence
    Economic Policy, 2003, 18, (37), 469-501 View citations
19. Regime-dependent impulse response functions in a Markov-switching vector autoregression model
    Economics Letters, 2003, 78, (3), 295-299 View citations
    See also Working Paper (2001)
20. The Effects of Monetary Policy in the Euro Area
    Oxford Review of Economic Policy, 2003, 19, (1), 58-72 View citations
21. Uncertain potential output: implications for monetary policy
    Journal of Economic Dynamics and Control, 2003, 27, (9), 1611-1638 View citations
    See also Working Paper (2001)

2000

22. Comparing monetary policy transmission across European countries
    Review of World Economics (Weltwirtschaftliches Archiv), 2000, 136, (1), 58-83 View citations