IWH Research Seminar

Monetary Policy and Asset Mispricing

This paper investigates, whether conventional interest rate policy of central banks is a suitable instrument to attenuate excessive mispricing in stocks as suggested by the proponents of a 'leaning against the wind' (LATW) monetary policy.

Workshops and conferences

6th IWH/INFER Workshop on (Ending) Unconventional Monetary Policy

The Halle Institute for Economic Research (IWH) - Member of the Leibniz Association and the International Network for Economic Research (INFER) were organising a workshop on unconventional monetary policy, international monetary policy spillovers, financial stability and monetary policy.

IWH Research Seminar

Identifying Monetary Policy Shocks: A Natural Language Approach

Workshops and conferences

23rd IWH-CIREQ-GW Macroeconometric Workshop: Inflation: Modelling, Forecasting and Monetary Policy Reactions

The workshop provides a platform to discuss new developments in the field of empirical and applied macroeconomic modelling and aims at bringing together academic researchers and practitioners. We invite applied and theoretical papers dealing with time series and broad macroeconomic topics. Papers that explicitly cover the macroeconomic modelling, forecasting and monetary policy reactions on inflation are particularly welcome.

IWH Research Seminar

Global Implications of Multi-dimensional US Monetary Policy Normalization

Workshops and conferences

4th IWH/INFER Workshop on Applied Economics and Economic Policy: A New Fiscal Capacity for the EU?

The Halle Institute for Economic Research (IWH) and the International Network for Economic Research (INFER) were organising a workshop on risk spillover, current challenges for sustainable fiscal policy, and evaluations of pan-European transfers.

IWH Research Seminar

Multi-period Loans, Non-linearities and Monetary Policy: A Quantitative Evaluation

We study the implications of multi-period mortgage loans for monetary policy, considering several realistic modifications – fixed interest rate contracts, lower bound constraint on newly granted loans, and possibility for the collateral constraint to become slack – to an otherwise standard DSGE model with housing and financial intermediaries.

IWH Research Seminar

Bank Lending In A Small Open Economy: Does Monetary Policy Matter?

Existing empirical studies on the effect of monetary policy on bank lending almost exclusively focus on a closed economy setting and ignore the interactions between domestic monetary policy and international financial markets.