Michael Joyce

Bank of England - Monetary Analysis

Threadneedle Street

London EC2R 8AH

United Kingdom

http://www.bankofengland.co.uk

SCHOLARLY PAPERS

23

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20,761

TOTAL CITATIONS
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SSRN RANKINGS

Top 5,548

in Total Papers Citations

322

Scholarly Papers (23)

1.

The Financial Market Impact of Quantitative Easing

Bank of England Working Paper No. 393
Number of pages: 44 Posted: 12 Jul 2010 Last Revised: 15 Jul 2015
Bank of England - Monetary Analysis, Bank of England, Bank of England and Bank of England
Downloads 9,290 (1,331)
Citation 178

Abstract:

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QE, Monetary Policy, Asset Purchases, Asset Prices

2.

The United Kingdom’s Quantitative Easing Policy: Design, Operation and Impact

Bank of England Quarterly Bulletin, 2011
Number of pages: 13 Posted: 26 Sep 2011
Michael Joyce, Matthew Tong and Robert Woods
Bank of England - Monetary Analysis, Bank of England and Bank of England
Downloads 5,996 (2,790)
Citation 3

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3.

Quantitative Easing and Other Unconventional Monetary Policies: Bank of England Conference Summary

Bank of England Quarterly Bulletin 2012 Q1
Number of pages: 9 Posted: 28 Mar 2012
Michael Joyce
Bank of England - Monetary Analysis
Downloads 866 (58,210)
Citation 1

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4.

Quantitative Easing and Bank Lending: A Panel Data Approach

Bank of England Working Paper No. 504
Number of pages: 33 Posted: 28 Aug 2014
Michael Joyce and Marco Spaltro
Bank of England - Monetary Analysis and Bank of England
Downloads 829 (61,768)
Citation 8

Abstract:

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banking, quantitative easing, panel data

5.

Institutional Investor Portfolio Allocation, Quantitative Easing and the Global Financial Crisis

Bank of England Working Paper No. 510
Number of pages: 49 Posted: 13 Sep 2014
Michael Joyce, Zhuoshi Liu and Ian Tonks
Bank of England - Monetary Analysis, Bank of England - Monetary Analysis and University of Bristol - Department of Finance and Accounting
Downloads 778 (67,334)

Abstract:

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Institutional investors, asset allocation, quantitative easing, portfolio balance channel, financial crisis

6.

Unconventional Monetary Policies and the Macroeconomy: The Impact of the United Kingdom's QE2 and Funding for Lending Scheme

Bank of England Working Paper No. 542
Number of pages: 33 Posted: 16 Aug 2015
Bank of England - Monetary Analysis, Bank of England - Monetary Analysis, King's College, London and Cardiff University
Downloads 436 (138,815)
Citation 36

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Bayesian methods, large-scale asset purchases, quantitative easing, Funding for Lending Scheme, vector autoregressions, auto-regressive distributed lag

7.

The Distributional Effects of Asset Purchases

Bank of England Quarterly Bulletin 2012 Q3
Number of pages: 13 Posted: 22 Sep 2012
Venetia Bell, Michael Joyce, Zhuoshi Liu and Chris Young
Bank of England, Bank of England - Monetary Analysis, Bank of England - Monetary Analysis and Bank of England
Downloads 320 (195,660)
Citation 1

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8.

Extracting Inflation Expectations and Inflation Risk Premia from the Term Structure: A Joint Model of the UK Nominal and Real Yield Curves

Bank of England Working Paper No. 360
Number of pages: 48 Posted: 17 Feb 2009
Bank of England - Monetary Analysis, Bank of England - Monetary AnalysisDanske Bank and Moody's Investor Services
Downloads 297 (211,981)
Citation 28

Abstract:

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Inflation expectations, inflation risk premia, affine term structure model

9.

Forecasting Inflation Using Labour Market Indicators

Bank of England Working Paper No. 195
Number of pages: 72 Posted: 15 Apr 2004
Vincenzo Cassino and Michael Joyce
Bank of England - Monetary Analysis and Bank of England - Monetary Analysis
Downloads 255 (247,711)
Citation 3

Abstract:

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Labour market, indicators, forecasting, inflation

10.

Measuring Monetary Policy Expectations from Financial Market Instruments

Bank of England Working Paper No. 356, ECB Working Paper No. 978
Number of pages: 51 Posted: 23 Dec 2008
Michael Joyce, Jonathan Relleen and Steffen Sorensen
Bank of England - Monetary Analysis, Bank of England and Moody's Investor Services
Downloads 226 (278,805)
Citation 4

Abstract:

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Interest rates, forecasting, term premia

11.

QE and the Gilt Market: A Disaggregated Analysis

Bank of England Working Paper No. 466
Number of pages: 46 Posted: 28 Oct 2012
Martin Daines, Michael Joyce and Matthew Tong
Bank of England, Bank of England - Monetary Analysis and Bank of England
Downloads 199 (314,380)
Citation 14

Abstract:

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QE, asset purchases, gilt market, auctions

12.

Non-Employment and Labour Availability

Bank of England Quarterly Bulletin, Autumn 2003
Number of pages: 13 Posted: 26 Apr 2005
Michael Joyce, Jerry Jones and Jonathan Thomas
Bank of England - Monetary Analysis, Bank of England - Structural Economic Analysis Division and Bank of England - Structural Economic Analysis Division
Downloads 186 (334,391)

Abstract:

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13.

Preferred Habitat Investors in the UK Government Bond Market

Bank of England Working Paper No. 939
Number of pages: 26 Posted: 22 Sep 2021
Julia Giese, Michael Joyce, Jack Meaning and Jack Worlidge
Bank of England, Bank of England - Monetary Analysis, Bank of England and Bank of England
Downloads 166 (369,787)
Citation 7

Abstract:

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Preferred habitat, gilt market, yield curve, cluster analysis

14.

Market Expectations of Future Bank Rate

Bank of England Quarterly Bulletin 2008 Q3
Number of pages: 9 Posted: 01 Oct 2008
Michael Joyce and Andrew Meldrum
Bank of England - Monetary Analysis and Board of Governors of the Federal Reserve System
Downloads 163 (375,661)

Abstract:

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15.

Asset Price Reactions to Rpi Announcements

Bank of England, Working Paper No. 94
Number of pages: 41 Posted: 13 Jan 2000
Michael Joyce and Vicky Read
Bank of England - Monetary Analysis and Bank of England
Downloads 156 (390,111)
Citation 7

Abstract:

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16.

QE at the Bank of England: a perspective on its functioning and effectiveness

Bank of England Quarterly Bulletin 2022 Q1
Number of pages: 61 Posted: 22 Mar 2024
Bank of England - Monetary Analysis, Bank of England, Bank of England, Bank of England - Monetary Analysis, Bank of England and Bank of England
Downloads 126 (465,462)
Citation 2

Abstract:

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17.

The Local Supply Channel of QE: Evidence from the Bank of England’s Gilt Purchases

Bank of England Working Paper No. 980
Number of pages: 30 Posted: 13 Jun 2022
Maren Froemel, Michael Joyce and Iryna Kaminska
Bank of England, Bank of England - Monetary Analysis and Bank of England
Downloads 115 (496,066)
Citation 1

Abstract:

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QE, local supply, preferred habitat, yield curve, monetary policy.

18.

Understanding the Real Rate Conundrum: An Application of No-Arbitrage Finance Models to the UK Real Yield Curve

Bank of England Working Paper No. 358
Number of pages: 46 Posted: 23 Dec 2008
Bank of England - Monetary Analysis, Bank of England and Bank of England - Monetary AnalysisDanske Bank
Downloads 115 (496,066)
Citation 14

Abstract:

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Yield curve, term premia, conundrum

19.

Recent Advances in Extracting Policy-Relevant Information from Market Interest Rates

Bank of England Quarterly Bulletin, 2008 Q2
Number of pages: 10 Posted: 18 Jun 2008
Michael Joyce, Steffen Sorensen and Olaf Weeken
Bank of England - Monetary Analysis, Moody's Investor Services and Bank of England - Monetary Analysis
Downloads 94 (571,229)
Citation 1

Abstract:

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20.

House Prices, Arrears and Possessions: A Three Equation Model for the UK

Bank of England Working Paper No. 14
Number of pages: 19 Posted: 23 May 1998 Last Revised: 26 Jun 2012
Francis Breedon and Michael Joyce
University of London, Queen Mary - School of Economics and Finance and Bank of England - Monetary Analysis
Downloads 94 (571,229)
Citation 14

Abstract:

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21.

The Yield Curve Impact of Government Debt Issuance Surprises and the Implications for QT

Bank of England Staff Working Paper No. 1,097
Number of pages: 33 Posted: 26 Nov 2024
Michael Joyce and Andras Lengyel
Bank of England - Monetary Analysis and Bank of England
Downloads 31 (952,333)

Abstract:

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Yield curve, government debt auctions, Quantitative easing, quantitative tightening, E43, E52, E58, G12, G14, G18

22.

Do Preferred Habitat Investors Exist? Direct Evidence from the UK Gilt Market

Number of pages: 8 Posted: 03 Jul 2023
Jack Meaning, Julia Giese, Michael Joyce and Jack Worlidge
Bank of England, Bank of England, Bank of England - Monetary Analysis and Bank of England
Downloads 23 (1,038,680)

Abstract:

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Preferred Habitat, gilt market, yield curve, cluster analysis

23.

Modelling U.K. Inflation Uncertainty: The Impact of News and the Relationship with Inflation

Bank of England Working Paper No. 30
Posted: 13 Aug 1998
Michael Joyce
Bank of England - Monetary Analysis

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