Discussion of ”Should monetary policy lean against the wind? An analysis based on a DSGE model with banking”

This thesis focuses on the concept of Central Bank Digital Currencies (CBDC) and the possible implications this could entail for monetary policy, commercial banks,

Results for the Euro area indicate that, for business loans, a monetary policy shock has a stronger impact on GDP growth and inflation through (bank) credit supply — the bank

“If that view [based on the theory] is correct, a VAR with constant coefficients will be mis-specified and may provide a distorted view of the effects of monetary policy on

Since 2006 Norges Bank has maintained and revised an open-economy New Keynesian model for monetary policy analysis and forecasting (NEMO). The overriding goal of the model has been

In a small open economy like Norway, monetary policy operates primarily through five channels: 18 (1) the direct exchange rate channel to inflation, (2) the real interest