Details about Alfred V. Guender

Access statistics for papers by Alfred V. Guender.

Last updated 2024-03-07. Update your information in the RePEc Author Service.

Short-id: pgu195

Working Papers

2023

1. Debt Finance and Economic Activity in the Euro-Area: Evidence on Asymmetric and Maturity Effects
   CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University
   See also Journal Article Debt finance and economic activity in the euro-area: evidence on asymmetric and maturity effects, International Review of Economics & Finance, Elsevier (2023) (2023)
2. Financial Openness and Inflation: Recent Evidence 
   CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University

2022

3. Bond Finance and the Leverage Ratio
   Working Papers in Economics, University of Canterbury, Department of Economics and Finance

2021

4. The Mundellian Trilemma and Optimal Monetary Policy in a World of High Capital Mobility
   Working Papers in Economics, University of Canterbury, Department of Economics and Finance
   Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2021)
   See also Journal Article The Mundellian Trilemma and Optimal Monetary Policy in a World of High Capital Mobility, Open Economies Review, Springer (2022) (2022)

2020

5. Financial Openness and Inflation: An Empirical Analysis
   Working Papers in Economics, University of Canterbury, Department of Economics and Finance

2019

6. A Re-Evaluation of the Choice of an Inflation Target in the Wake of the Global Financial Crisis
   Working Papers in Economics, University of Canterbury, Department of Economics and Finance
   See also Journal Article A re-evaluation of the choice of an inflation target in the wake of the global financial crisis, New Zealand Economic Papers, Taylor & Francis Journals (2021) (2021)

2017

7. Credit prices vs. credit quantities as predictors of economic activity in Europe: which tell a better story?
   Bank of Estonia Working Papers, Bank of Estonia View citations (1)
   See also Journal Article Credit prices vs. credit quantities as predictors of economic activity in Europe: Which tell a better story?, Journal of Macroeconomics, Elsevier (2018) View citations (6) (2018)

2016

8. The Real Exchange Rate in Open-Economy Taylor Rules: A Re-Assessment
   Working Papers in Economics, University of Canterbury, Department of Economics and Finance View citations (5)
9. What to Aim for? The Choice of an Inflation Objective When Openness Matters
   Working Papers in Economics, University of Canterbury, Department of Economics and Finance View citations (3)
   See also Journal Article What to Aim for? The Choice of an Inflation Objective when Openness Matters, Open Economies Review, Springer (2017) View citations (4) (2017)

2015

10. International Evidence on the Role of Monetary Policy in the Uncovered Interest Rate Parity Puzzle
    Working Papers in Economics, University of Canterbury, Department of Economics and Finance
11. Real-Exchange-Rate-Adjusted Inflation Targeting in an Open Economy: Some Analytical Results
    Working Papers in Economics, University of Canterbury, Department of Economics and Finance
    See also Journal Article Real-Exchange-Rate-Adjusted Inflation Targeting in an Open Economy: Some Analytical Results, Economics Bulletin, AccessEcon (2015) (2015)

2013

12. The Centre Matters for the Periphery of Europe: The Predictive Ability of a GZ-Type Spread for Economic Activity in Europe
    Working Papers in Economics, University of Canterbury, Department of Economics and Finance View citations (2)

2011

13. CPI Inflation Targeting and the UIP Puzzle: An Appraisal of Instrument and Target Rules
    Working Papers in Economics, University of Canterbury, Department of Economics and Finance
14. Instrument Versus Target Rules As Specifications of Optimal Monetary Policy: What are the Issues, If Any?
    Working Papers in Economics, University of Canterbury, Department of Economics and Finance View citations (1)
15. The Timeless Perspective vs. Discretion: Theory and Monetary Policy Implications for an Open Economy
    Working Papers in Economics, University of Canterbury, Department of Economics and Finance View citations (4)
    Also in Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2007)
    See also Journal Article The timeless perspective vs. discretion: Theory and monetary policy implications for an open economy, Journal of International Money and Finance, Elsevier (2011) View citations (4) (2011)

2010

16. Monetary policy implementation and uncovered interest parity: empirical evidence from Oceania
    Working Papers in Economics, University of Canterbury, Department of Economics and Finance
    Also in Reserve Bank of New Zealand Discussion Paper Series, Reserve Bank of New Zealand (2010)
    See also Journal Article Monetary policy implementation and uncovered interest parity: Empirical evidence from Oceania, New Zealand Economic Papers, Taylor & Francis Journals (2011) View citations (1) (2011)
17. Operating Procedures and the Expectations Theory of the Term Structure of Interest Rates: A Note on the New Zealand Experience from 1989 to 2008
    Working Papers in Economics, University of Canterbury, Department of Economics and Finance View citations (1)

2008

18. Practical Monetary Policies
    Reserve Bank of New Zealand Discussion Paper Series, Reserve Bank of New Zealand View citations (1)
    See also Journal Article Practical Monetary Policies, International Finance, Wiley Blackwell (2010) (2010)

2007

19. How Conservative Does the Central Banker Have to Be? On the Treatment of Expectations under Discretionary Policymaking
    Working Papers in Economics, University of Canterbury, Department of Economics and Finance
    See also Journal Article HOW CONSERVATIVE DOES THE CENTRAL BANKER HAVE TO BE? ON THE TREATMENT OF EXPECTATIONS UNDER DISCRETIONARY POLICYMAKING, Australian Economic Papers, Wiley Blackwell (2009) (2009)
20. The Implementation of Monetary Policy in New Zealand: What Factors Affect the 90-Day Bank Bill Rate?
    Working Papers in Economics, University of Canterbury, Department of Economics and Finance
    See also Journal Article The implementation of monetary policy in New Zealand: What factors affect the 90-day bank bill rate?, The North American Journal of Economics and Finance, Elsevier (2008) View citations (9) (2008)

2006

21. A Comparative Analysis of the Stabilizing Properties of Nominal Income Growth Targeting
    Working Papers in Economics, University of Canterbury, Department of Economics and Finance
    See also Journal Article A comparative analysis of the stabilizing properties of nominal income growth targeting, Economics Letters, Elsevier (2007) View citations (2) (2007)
22. Is There an Exchange Rate Channel in the Forward-Looking Phillips Curve? A Theoretical and Empirical Investigation
    Working Papers in Economics, University of Canterbury, Department of Economics and Finance
    See also Journal Article Is there an exchange rate channel in the forward-looking Phillips curve? A theoretical and empirical investigation, New Zealand Economic Papers, Taylor & Francis Journals (2007) View citations (2) (2007)

2004

23. Optimal discretionary monetary policy in the open economy: Choosing between CPI and domestic inflation as target variables
    Macroeconomics, University Library of Munich, Germany View citations (2)
    Also in Bank of Finland Research Discussion Papers, Bank of Finland (2003)

2002

24. On discretion versus commitment and the role of the direct exchange rate channel in a forward-looking open economy model
    Pacific Basin Working Paper Series, Federal Reserve Bank of San Francisco
    See also Journal Article On discretion versus commitment and the role of the direct exchange rate channel in a forward-looking open economy model, International Economic Journal, Taylor & Francis Journals (2005) View citations (4) (2005)

1996

25. The Credit Channel of Monetary Policy - The Case of Germany
    Working Papers, American Institute for Contemporary German Studies-

Journal Articles

2023

1. Debt finance and economic activity in the euro-area: evidence on asymmetric and maturity effects
   International Review of Economics & Finance, 2023, 85, (C), 448-472
   See also Working Paper Debt Finance and Economic Activity in the Euro-Area: Evidence on Asymmetric and Maturity Effects, CAMA Working Papers (2023) (2023)

2022

2. The Mundellian Trilemma and Optimal Monetary Policy in a World of High Capital Mobility
   Open Economies Review, 2022, 33, (4), 631-656
   See also Working Paper The Mundellian Trilemma and Optimal Monetary Policy in a World of High Capital Mobility, Working Papers in Economics (2021) (2021)

2021

3. A re-evaluation of the choice of an inflation target in the wake of the global financial crisis
   New Zealand Economic Papers, 2021, 55, (3), 277-288
   See also Working Paper A Re-Evaluation of the Choice of an Inflation Target in the Wake of the Global Financial Crisis, Working Papers in Economics (2019) (2019)

2018

4. Credit prices vs. credit quantities as predictors of economic activity in Europe: Which tell a better story?
   Journal of Macroeconomics, 2018, 57, (C), 380-399 View citations (6)
   See also Working Paper Credit prices vs. credit quantities as predictors of economic activity in Europe: which tell a better story?, Bank of Estonia Working Papers (2017) View citations (1) (2017)
5. The real exchange rate in Taylor rules: A Re-Assessment
   Economic Modelling, 2018, 73, (C), 140-151 View citations (5)

2017

6. The predictive ability of a risk-adjusted yield spread for economic activity in Europe
   Empirica, 2017, 44, (1), 1-27 View citations (1)
7. What to Aim for? The Choice of an Inflation Objective when Openness Matters
   Open Economies Review, 2017, 28, (1), 167-190 View citations (4)
   See also Working Paper What to Aim for? The Choice of an Inflation Objective When Openness Matters, Working Papers in Economics (2016) View citations (3) (2016)

2015

8. Real-Exchange-Rate-Adjusted Inflation Targeting in an Open Economy: Some Analytical Results
   Economics Bulletin, 2015, 35, (4), 2049-2059
   See also Working Paper Real-Exchange-Rate-Adjusted Inflation Targeting in an Open Economy: Some Analytical Results, Working Papers in Economics (2015) (2015)

2014

9. Monetary Policy and the Uncovered Interest Rate Parity Puzzle: Theory and Empirical Results for Oceania
   The Economic Record, 2014, 90, (289), 207-219 View citations (4)
10. Price level targeting and the delegation issue in an open economy
    Economics Letters, 2014, 122, (1), 12-15 View citations (3)

2012

11. Instrument versus Target Rules As Specifications of Optimal Monetary Policy
    International Finance, 2012, 15, (1), 99-123 View citations (2)
12. Operating procedures and the expectations theory of the term structure of interest rates: the New Zealand experience from 1989 to 2008
    Applied Financial Economics, 2012, 22, (14), 1181-1192 View citations (1)

2011

13. Monetary policy implementation and uncovered interest parity: Empirical evidence from Oceania
    New Zealand Economic Papers, 2011, 45, (3), 209-229 View citations (1)
    See also Working Paper Monetary policy implementation and uncovered interest parity: empirical evidence from Oceania, Working Papers in Economics (2010) (2010)
14. The timeless perspective vs. discretion: Theory and monetary policy implications for an open economy
    Journal of International Money and Finance, 2011, 30, (8), 1638-1658 View citations (4)
    See also Working Paper The Timeless Perspective vs. Discretion: Theory and Monetary Policy Implications for an Open Economy, Working Papers in Economics (2011) View citations (4) (2011)

2010

15. Explicit instrument versus targeting rules in the backward-looking model
    Economics Letters, 2010, 106, (1), 64-66
16. Practical Monetary Policies
    International Finance, 2010, 13, (1), 25-53
    See also Working Paper Practical Monetary Policies, Reserve Bank of New Zealand Discussion Paper Series (2008) View citations (1) (2008)

2009

17. HOW CONSERVATIVE DOES THE CENTRAL BANKER HAVE TO BE? ON THE TREATMENT OF EXPECTATIONS UNDER DISCRETIONARY POLICYMAKING
    Australian Economic Papers, 2009, 48, (1), 34-49
    See also Working Paper How Conservative Does the Central Banker Have to Be? On the Treatment of Expectations under Discretionary Policymaking, Working Papers in Economics (2007) (2007)

2008

18. "Leaning with the wind"? An open-economy example
    Journal of Macroeconomics, 2008, 30, (3), 941-964
19. The implementation of monetary policy in New Zealand: What factors affect the 90-day bank bill rate?
    The North American Journal of Economics and Finance, 2008, 19, (2), 215-234 View citations (9)
    See also Working Paper The Implementation of Monetary Policy in New Zealand: What Factors Affect the 90-Day Bank Bill Rate?, Working Papers in Economics (2007) (2007)

2007

20. A comparative analysis of the stabilizing properties of nominal income growth targeting
    Economics Letters, 2007, 95, (2), 217-222 View citations (2)
    See also Working Paper A Comparative Analysis of the Stabilizing Properties of Nominal Income Growth Targeting, Working Papers in Economics (2006) (2006)
21. Is there an exchange rate channel in the forward-looking Phillips curve? A theoretical and empirical investigation
    New Zealand Economic Papers, 2007, 41, (1), 5-28 View citations (2)
    See also Working Paper Is There an Exchange Rate Channel in the Forward-Looking Phillips Curve? A Theoretical and Empirical Investigation, Working Papers in Economics (2006) (2006)

2006

22. Price stability through price-level targeting or inflation targeting? A tale of two experiments
    Journal of Economics and Business, 2006, 58, (5-6), 373-391 View citations (15)
23. Stabilising Properties of Discretionary Monetary Policies in a Small Open Economy
    Economic Journal, 2006, 116, (508), 309-326 View citations (29)

2005

24. On Optimal Monetary Policy Rules and the Construction of MCIs in the Open Economy
    Open Economies Review, 2005, 16, (2), 189-207 View citations (12)
25. On discretion versus commitment and the role of the direct exchange rate channel in a forward-looking open economy model
    International Economic Journal, 2005, 19, (3), 355-377 View citations (4)
    See also Working Paper On discretion versus commitment and the role of the direct exchange rate channel in a forward-looking open economy model, Pacific Basin Working Paper Series (2002) (2002)

2004

26. On the performance of nominal income targeting as a strategy for monetary policy in a small open economy
    Journal of International Money and Finance, 2004, 23, (2), 143-163 View citations (5)

2003

27. Optimal monetary policy under inflation targeting based on an instrument rule
    Economics Letters, 2003, 78, (1), 55-58 View citations (3)

2002

28. Design flaws in the construction of monetary conditions indices? A cautionary note
    New Zealand Economic Papers, 2002, 36, (2), 209-215 View citations (1)
29. Optimal and efficient monetary policy rules in a forward-looking model
    Journal of Macroeconomics, 2002, 24, (1), 41-49 View citations (3)

2001

30. The Role of Openness in the Debate on Rules vs. Discretion: A Simple Exposition
    Australian Economic Papers, 2001, 40, (1), 91-110

2000

31. Alternative Monetary Policy Rules for Small Open Economies
    Review of International Economics, 2000, 8, (4), 721-740 View citations (10)
32. The inflationary bias in a model of the open economy: a note
    Economics Letters, 2000, 68, (2), 173-178 View citations (7)

1999

33. Optimal Revenue Smoothing: The Case of New Zealand
    Journal of Macroeconomics, 1999, 21, (3), 597-617

1998

34. Is There a Bank‐Lending Channel of Monetary Policy in New Zealand?
    The Economic Record, 1998, 74, (226), 243-265 View citations (1)

Books

2019

1. Optimal Monetary Policy under Uncertainty, Second Edition
   Books, Edward Elgar Publishing View citations (1)

2007

2. Optimal Monetary Policy under Uncertainty
   Books, Edward Elgar Publishing View citations (24)