Details about Peter Karadi

Access statistics for papers by Peter Karadi.

Last updated 2024-10-11. Update your information in the RePEc Author Service.

Short-id: pka365

Working Papers

2024

1. Strike While the Iron Is Hot: Optimal Monetary Policy with a Nonlinear Phillips Curve
   CESifo Working Paper Series, CESifo
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2024)
   BIS Working Papers, Bank for International Settlements (2024)

2023

2. Price Setting on the Two Sides of the Atlantic: Evidence from Supermarket-Scanner Data
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in Working Paper Series, European Central Bank (2023) View citations (5)
   See also Journal Article Price setting on the two sides of the Atlantic - Evidence from supermarket scanner data, Journal of Monetary Economics, Elsevier (2023) View citations (2) (2023)
3. Price adjustment in the euro area in the low-inflation period: evidence from consumer and producer micro price data
   Occasional Paper Series, European Central Bank
4. Price setting during the coronavirus (COVID-19) pandemic
   Occasional Paper Series, European Central Bank

2021

5. Measuring price selection in microdata: it’s not there
   Working Paper Series, European Central Bank View citations (3)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (3)

2020

6. Effectiveness and Addictiveness of Quantitative Easing
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
   See also Journal Article Effectiveness and addictiveness of quantitative easing, Journal of Monetary Economics, Elsevier (2021) View citations (28) (2021)
7. Macroprudential policy measures: macroeconomic impact and interaction with monetary policy
   Working Paper Series, European Central Bank View citations (14)
8. The Phillips Curve at the ECB
   Working Paper Series, European Central Bank View citations (46)
   Also in VfS Annual Conference 2020 (Virtual Conference): Gender Economics, Verein für Socialpolitik / German Economic Association (2020) View citations (44)
   See also Journal Article The Phillips Curve at the ECB, Manchester School, University of Manchester (2020) View citations (45) (2020)

2018

9. Deconstructing Monetary Policy Surprises - The Role of Information Shocks
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (116)
   Also in Working Paper Series, European Central Bank (2018) View citations (54)
   2017 Meeting Papers, Society for Economic Dynamics (2017) View citations (2)
   See also Journal Article Deconstructing Monetary Policy Surprises—The Role of Information Shocks, American Economic Journal: Macroeconomics, American Economic Association (2020) View citations (502) (2020)
10. The New Area-Wide Model II: an extended version of the ECB’s micro-founded model for forecasting and policy analysis with a financial sector
    Working Paper Series, European Central Bank View citations (158)

2016

11. The ECB's asset purchase programme: an early assessment
    Working Paper Series, European Central Bank View citations (144)

2014

12. Menu Costs, Aggregate Fluctuations, and Large Shocks
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (16)
    See also Journal Article Menu Costs, Aggregate Fluctuations, and Large Shocks, American Economic Journal: Macroeconomics, American Economic Association (2019) View citations (32) (2019)
13. Monetary Policy Surprises, Credit Costs and Economic Activity
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (25)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2014) View citations (25)
    See also Journal Article Monetary Policy Surprises, Credit Costs, and Economic Activity, American Economic Journal: Macroeconomics, American Economic Association (2015) View citations (1255) (2015)
    Chapter Monetary Policy Surprises, Credit Costs and Economic Activity, NBER Chapters, National Bureau of Economic Research, Inc (2013) View citations (14) (2013)

2012

14. Large shocks in menu cost models
    Working Paper Series, European Central Bank View citations (10)
    Also in 2011 Meeting Papers, Society for Economic Dynamics (2011)

2010

15. Inflation asymmetry, menu costs and aggregation bias – A further case for state dependent pricing
    MNB Working Papers, Magyar Nemzeti Bank (Central Bank of Hungary) View citations (6)

2009

16. A Spatial Explanation for the Balassa-Samuelson Effect
    2009 Meeting Papers, Society for Economic Dynamics
    Also in CeFiG Working Papers, Center for Firms in the Global Economy (2008) View citations (1)

2005

17. Exchange Rate Smoothing in Hungary
    MNB Working Papers, Magyar Nemzeti Bank (Central Bank of Hungary) View citations (2)
18. Structural challenges towards the euro: fiscal policy
    MNB Background Studies (discontinued), Magyar Nemzeti Bank (Central Bank of Hungary)

Journal Articles

2024

1. Price Selection in the Microdata
   Journal of Political Economy Macroeconomics, 2024, 2, (2), 228 - 271

2023

2. Price setting on the two sides of the Atlantic - Evidence from supermarket scanner data
   Journal of Monetary Economics, 2023, 140, (S), S1-S17 View citations (2)
   See also Working Paper Price Setting on the Two Sides of the Atlantic: Evidence from Supermarket-Scanner Data, CEPR Discussion Papers (2023) (2023)

2022

3. The Impact of Capital Requirements on the Macroeconomy: Lessons from Four Macroeconomic Models of the Euro Area
   International Journal of Central Banking, 2022, 18, (5), 1-50 View citations (1)

2021

4. Effectiveness and addictiveness of quantitative easing
   Journal of Monetary Economics, 2021, 117, (C), 1096-1117 View citations (28)
   See also Working Paper Effectiveness and Addictiveness of Quantitative Easing, CEPR Discussion Papers (2020) View citations (3) (2020)

2020

5. Deconstructing Monetary Policy Surprises—The Role of Information Shocks
   American Economic Journal: Macroeconomics, 2020, 12, (2), 1-43 View citations (502)
   See also Working Paper Deconstructing Monetary Policy Surprises - The Role of Information Shocks, CEPR Discussion Papers (2018) View citations (116) (2018)
6. The Phillips Curve at the ECB
   Manchester School, 2020, 88, (S1), 50-85 View citations (45)
   See also Working Paper The Phillips Curve at the ECB, Working Paper Series (2020) View citations (46) (2020)

2019

7. Menu Costs, Aggregate Fluctuations, and Large Shocks
   American Economic Journal: Macroeconomics, 2019, 11, (3), 111-46 View citations (32)
   See also Working Paper Menu Costs, Aggregate Fluctuations, and Large Shocks, CEPR Discussion Papers (2014) View citations (16) (2014)

2018

8. The macroeconomic impact of news about policy and news about the economy in ECB announcements
   Research Bulletin, 2018, 50 View citations (2)

2017

9. The ECB’s announcements of non-standard measures and longer-term inflation expectations
   Research Bulletin, 2017, 33 View citations (1)

2015

10. Monetary Policy Surprises, Credit Costs, and Economic Activity
    American Economic Journal: Macroeconomics, 2015, 7, (1), 44-76 View citations (1255)
    See also Chapter Monetary Policy Surprises, Credit Costs and Economic Activity, NBER Chapters, 2013 (2013) View citations (14) (2013)
    Working Paper Monetary Policy Surprises, Credit Costs and Economic Activity, CEPR Discussion Papers (2014) View citations (25) (2014)

2013

11. Global implications of national unconventional policies
    Journal of Monetary Economics, 2013, 60, (1), 66-85 View citations (104)
12. QE 1 vs. 2 vs. 3...: A Framework for Analyzing Large-Scale Asset Purchases as a Monetary Policy Tool
    International Journal of Central Banking, 2013, 9, (1), 5-53 View citations (306)

2011

13. A model of unconventional monetary policy
    Journal of Monetary Economics, 2011, 58, (1), 17-34 View citations (1560)

1999

14. Jegybankfüggetlenség Magyarországon (19901999)
    (Central-bank independence in Hungary (19901999))
    Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), 1999, XLVI, (11), 969-992 View citations (1)

Chapters

2013

1. Monetary Policy Surprises, Credit Costs and Economic Activity
   A chapter in Lessons from the Financial Crisis for Monetary Policy, 2013 View citations (14)
   See also Working Paper Monetary Policy Surprises, Credit Costs and Economic Activity, C.E.P.R. Discussion Papers (2014) View citations (25) (2014)
   Journal Article Monetary Policy Surprises, Credit Costs, and Economic Activity, American Economic Association (2015) View citations (1255) (2015)