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Publications by Clémentine Gallès

Consumption Growth and the Real Interest Rate Following a Monetary Policy Shock: Is the Habit Persistence Assumption Relevant?

Recherches économiques de Louvain

English

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Monetary Policy When the Nominal Short-Term Interest Rate Is Zero

SSRN Electronic Journal

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Habit Formation and the Persistence of Monetary Shocks

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Monetary Policy in a Low Interest Rate World

Finance and Economics Discussion Series

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Real Interest Rate Persistence: Evidence and Implications

English

Using a Long-Term Interest Rate as the Monetary Policy Instrument

Journal of Monetary Economics

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The Term Structure of Interest Rates and Monetary Policy During a Zero-Interest-Rate Period

IMF Working Papers

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Banks’ Exposure to Interest Rate Risk and the Transmission of Monetary Policy

Journal of Monetary Economics

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Does Monetary Policy Stabilize the Exchange Rate Following a Currency Crisis?

IMF Working Papers

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Monetary Policy Regime Shifts and the Unusual Behavior of Real Interest Rates

English