Jens Eisenschmidt

Morgan Stanley

1585 Broadway

New York, NY 10036

United States

SCHOLARLY PAPERS

14

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5,623

SSRN CITATIONS
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SSRN RANKINGS

Top 10,789

in Total Papers Citations

89

CROSSREF CITATIONS

66

Scholarly Papers (14)

1.

Negative interest rates, excess liquidity and retail deposits: Banks’ reaction to unconventional monetary policy in the euro area

Number of pages: 69 Posted: 27 Mar 2017 Last Revised: 23 Apr 2021
Selva Demiralp, Jens Eisenschmidt and Thomas Vlassopoulos
Koc University - Department of Economics, Morgan Stanley and European Central Bank (ECB)
Downloads 1,296 (30,815)
Citation 23

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Negative rates, bank balance sheets, monetary transmission mechanism

2.
Downloads 931 (49,281)
Citation 10

Monetary Policy Transmission in Segmented Markets

Number of pages: 91 Posted: 15 Jan 2021 Last Revised: 29 Nov 2021
Jens Eisenschmidt, Yiming Ma and Anthony Lee Zhang
Morgan Stanley, Columbia University - Columbia Business School and University of Chicago - Booth School of Business
Downloads 720 (68,563)
Citation 5

Abstract:

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monetary policy, pass-through efficiency, repo market, market power

Monetary Policy Transmission in Segmented Markets

ECB Working Paper No. 2022/2706
Number of pages: 70 Posted: 15 Aug 2022
Jens Eisenschmidt, Yiming Ma and Anthony Lee Zhang
Morgan Stanley, Columbia University - Columbia Business School and University of Chicago - Booth School of Business
Downloads 211 (275,508)
Citation 6

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market power, monetary policy, non-banks, pass-through efficiency, repo market

3.

Liquidity Risk Premia in Unsecured Interbank Money Markets

ECB Working Paper No. 1025
Number of pages: 42 Posted: 06 Mar 2009
Jens Eisenschmidt and Jens Tapking
Morgan Stanley and European Central Bank (ECB)
Downloads 726 (68,869)

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Liquidity premium, interbank money markets, unsecured lending, 2007/2008 financial market turmoil

Negative Interest Rates, Excess Liquidity and Retail Deposits: Banks’ Reaction to Unconventional Monetary Policy in the Euro Area

ECB Working Paper No. 2283 (2019); ISBN 978-92-899-3545-6
Number of pages: 63 Posted: 21 May 2019
Selva Demiralp, Jens Eisenschmidt and Thomas Vlassopoulos
Koc University - Department of Economics, Morgan Stanley and European Central Bank (ECB)
Downloads 388 (146,745)
Citation 10

Abstract:

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negative rates, bank balance sheets, monetary transmission mechanism

Negative Interest Rates, Excess Liquidity and Retail Deposits: Banks’ Reaction to Unconventional Monetary Policy in the Euro Area

ECB Working Paper No. 2019/2283
Number of pages: 70 Posted: 02 Jul 2021
Selva Demiralp, Jens Eisenschmidt and Thomas Vlassopoulos
Koc University - Department of Economics, Morgan Stanley and European Central Bank (ECB)
Downloads 68 (648,005)
Citation 32

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5.

Monetary-Fiscal Policy Interactions in the Euro Area

ECB Occasional Paper No. 2021/273
Number of pages: 130 Posted: 23 Sep 2021 Last Revised: 04 Feb 2022
International Monetary Fund (IMF) - Research Department, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB) - Directorate General Economics, Banco de España, European Central Bank (ECB), European Central Bank (ECB), Morgan Stanley, European Central Bank (ECB), European Central Bank (ECB), De Nederlandsche Bank, Banco de España, European Central Bank (ECB), European Central Bank (ECB), Deutsche BundesbankEuropean Central Bank (ECB)University of Kiel, European Central Bank (ECB), European Central Bank, University of Bonn, European Central Bank (ECB), European Central Bank (ECB), University of Auckland, Banco de España, European Central Bank (ECB), Deutsche Bundesbank, European Central Bank (ECB), European Central Bank (ECB), Banque de France, European Central Bank, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB) - Directorate General Economics, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), Goethe University Frankfurt, European Central Bank (ECB), Bank of Italy, European Central Bank (ECB), European Central Bank (ECB), Banque de France, De Nederlandsche Bank, Bank of Italy, New University of Lisbon - Nova School of Business and Economics, Bank of Portugal, European Central Bank (ECB), European Central Bank (ECB), De Nederlandsche Bank - Research Department, European Central Bank (ECB), Bank of Italy, European Central Bank (ECB), European Central Bank (ECB), De Nederlandsche Bank, European Central Bank (ECB), University of Essex - Institute for Social and Economic Research (ISER) and European Central Bank (ECB)
Downloads 439 (128,391)
Citation 1

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Fiscal Policy, Monetary Policy, Monetary Union

The Effectiveness of the Non-standard Policy Measures During the Financial Crises: The Experiences of the Federal Reserve and the European Central Bank

ECB Working Paper No. 1562
Number of pages: 52 Posted: 12 Aug 2013
Seth B. Carpenter, Selva Demiralp and Jens Eisenschmidt
Board of Governors of the Federal Reserve System, Koc University - Department of Economics and Morgan Stanley
Downloads 239 (244,704)

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Bank lending, non-standard policy, bank funding volatility

The Effectiveness of the Non-Standard Policy Measures During the Financial Crises: The Experiences of the Federal Reserve and the European Central Bank

FEDS Working Paper No. 2013-34
Number of pages: 57 Posted: 23 Jul 2013
Seth B. Carpenter, Selva Demiralp and Jens Eisenschmidt
Board of Governors of the Federal Reserve System, Koc University - Department of Economics and Morgan Stanley
Downloads 66 (658,519)
Citation 12

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Bank lending, non-standard policy, bank funding volatility

7.

Money Markets, Central Bank Balance Sheet and Regulation

ECB Working Paper No. 20202483
Number of pages: 46 Posted: 21 Oct 2020 Last Revised: 18 Nov 2021
European Central Bank (ECB), Morgan Stanley, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB) and European Central Bank (ECB)
Downloads 303 (193,431)

Abstract:

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8.

Quantitative Easing and the Safe Asset Illusion

Number of pages: 52 Posted: 11 Jun 2021
University of St. Gallen - School of Finance, Morgan Stanley, University of Basel - Faculty of Business and Economics and European Central Bank (ECB)
Downloads 293 (200,327)
Citation 2

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Safe assets, quantitative easing, Public Sector Purchase Programme, secured deposits, repurchase agreements

9.

Bidding Behaviour in the ECB's Main Refinancing Operations during the Financial Crisis

ECB Working Paper No. 1052
Number of pages: 38 Posted: 06 May 2009
Jens Eisenschmidt, Astrid Hirsch and Tobias Linzert
Morgan Stanley, European Central Bank (ECB) and European Central Bank (ECB)
Downloads 277 (212,312)
Citation 7

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Central Bank Auctions, Financial Market Turmoil, Panel Sample Selection Model, Bidding Behavior, Monetary Policy Instruments

10.

Does Quantitative Easing Mitigate the Sovereign-Bank Nexus?

University of St.Gallen, School of Finance Research Paper No. 2021/01
Number of pages: 38 Posted: 08 Jan 2021
Alexander Bechtel, Jens Eisenschmidt and Angelo Ranaldo
University of St. Gallen - School of Finance, Morgan Stanley and University of Basel - Faculty of Business and Economics
Downloads 191 (302,919)

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Sovereign-bank nexus, quantitative easing, Public Sector Purchase Programme, financial stability

11.

The Eurosystem's Asset Purchase Programme and Target Balances

ECB Occasional Paper No. 196
Number of pages: 49 Posted: 21 Sep 2017
Morgan Stanley, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB) and European Central Bank (ECB)
Downloads 170 (336,109)
Citation 41

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TARGET2, financial structure, asset purchase programme, excess liquidity, balance of payments

12.

The Minimum Liquidity Deficit and the Maturity Structure of Central Banks' Open Market Operations: Lessons from the Financial Crisis

ECB Working Paper No. 1282
Number of pages: 31 Posted: 04 Jan 2011
Jens Eisenschmidt and Cornelia Holthausen
Morgan Stanley and European Central Bank (ECB)
Downloads 93 (531,727)

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central bank, money market, open market operations, financial crisis

13.

Two-Tier System for Remunerating Excess Reserve Holdings

ECB Occasional Paper No. 2022/302
Number of pages: 53 Posted: 13 Sep 2022
European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), Morgan Stanley, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB) and European Central Bank (ECB)
Downloads 85 (562,390)

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excess liquidity, exemption scheme, monetary policy transmission, negative interest rates, two-tier system

14.

Euro Area Monetary Policy and Target Balances: A Trilogy

ECB Working Paper No. 2022/2750
Number of pages: 37 Posted: 16 Nov 2022
Jens Eisenschmidt, Danielle Kedan and Martin Schmitz
Morgan Stanley, European Central Bank (ECB) and European Central Bank (ECB)
Downloads 58 (689,555)

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asset purchase programme, balance of payments, excess liquidity, TARGET2