Claus Brand

European Central Bank (ECB)

Eurotower

Kaiserstrasse 29

D-60311 Frankfurt am Main

Germany

SCHOLARLY PAPERS

12

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163

CROSSREF CITATIONS

53

Scholarly Papers (12)

The Impact of ECB Monetary Policy Decisions and Communication on the Yield Curve

ECB Working Paper No. 657
Number of pages: 39 Posted: 02 Aug 2006
Claus Brand, Daniel Buncic and Jarkko Turunen
European Central Bank (ECB), Stockholm Business School and International Monetary Fund
Downloads 583 (89,888)
Citation 6

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money market rates, yield curve, ECB, central bank communication

The Impact of ECB Monetary Policy Decisions and Communication on the Yield Curve

UNSW Australian School of Business Research Paper No. 2008 ECON 11
Number of pages: 37 Posted: 08 Dec 2008
Claus Brand, Daniel Buncic and Jarkko Turunen
European Central Bank (ECB), Stockholm Business School and International Monetary Fund
Downloads 302 (192,913)
Citation 33

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money market rates, yield curve, ECB, central bank communication

2.

The Natural Rate of Interest: Estimates, Drivers, and Challenges to Monetary Policy

ECB Occasional Paper No. 217 (2018); ISBN 978-92-899-3376-6
Number of pages: 71 Posted: 05 Feb 2019
Claus Brand, Marcin Bielecki and Adrian Penalver
European Central Bank (ECB), University of Warsaw and Banque de France
Downloads 702 (71,996)
Citation 66

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natural rate of interest, return on capital, demographics, productivity growth, monetary policy

3.

A Unified Framework for CBDC Design: Remuneration, Collateral Haircuts and Quantity Constraints

ECB Working Paper No. 2021/2578
Number of pages: 52 Posted: 31 Jul 2021
European Central Bank (ECB), University of Basel - Faculty of Business and Economics, European Central Bank (ECB) and Frankfurt School of Finance and Management
Downloads 422 (134,514)
Citation 12

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The Role of Financial Stability Considerations in Monetary Policy and the Interaction with Macroprudential Policy in the Euro Area

ECB Occasional Paper No. 2021272
Number of pages: 142 Posted: 23 Sep 2021 Last Revised: 18 Nov 2021
ECB -DG Monetary Policy, Banque de France, European Central Bank (ECB), De Nederlandsche Bank, European Central Bank (ECB), Deutsche Bundesbank - Economics Department, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), Banque de France, European Central Bank (ECB), European Central Bank, Bank of Slovenia, Leibniz Institute for Financial Research SAFE, Banco de España, Banque de France - Centre de Recherche, Bank of Italy, Banco de España, Deutsche Bundesbank, Central Bank of Malta, Bank of Greece, Bank of Greece, European Central Bank (ECB), Banco de Portugal, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), Deutsche Bundesbank, Bank of Finland, European Central Bank (ECB)CEPR, Bank of Slovenia, National Bank of Belgium, Central Bank of Cyprus, Latvijas Banka, De Nederlandsche Bank, Oesterreichische Nationalbank (OeNB), Deutsche Bundesbank, Bank of Italy, De Nederlandsche Bank - Monetary and Economic Policy Department, European Central Bank (ECB), European Central Bank (ECB), Deutsche Bundesbank, University of Giessen - Department of Economics and Bank of Slovenia
Downloads 168 (341,340)

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financial frictions, Monetary policy, systemic risk

The Role of Financial Stability Considerations in Monetary Policy and the Interaction with Macroprudential Policy in the Euro Area

ECB Occasional Paper No. 2023/272
Number of pages: 142 Posted: 16 May 2023
ECB -DG Monetary Policy, Universitat Pompeu Fabra - Centre de Recerca en Economia Internacional (CREI), Banque de France, European Central Bank (ECB), De Nederlandsche Bank, European Central Bank (ECB), Deutsche Bundesbank - Economics Department, European Central Bank (ECB), European Central Bank (ECB), Research Centre, European Central Bank (ECB), Bank of Portugal, European Central Bank (ECB), European Central Bank (ECB), Banque de France, European Central Bank (ECB), European Central Bank, Bank of Slovenia, Banque de FranceMassachusetts Institute of Technology (MIT) - Sloan School of Management, Deutsche Bundesbank - Economic Research Centre, Leibniz Institute for Financial Research SAFE, Banco de España, Banque de France - Centre de Recherche, Bank of Italy, Banco de España, Deutsche Bundesbank - Economic Research Centre, Suomen Pankki – Finlands Bank, Central Bank of Malta, Bank of Greece, Bank of Greece, European Central Bank (ECB), Banca d’Italia, Bank of Portugal, Oesterreichische Nationalbank (OeNB), European Central Bank (ECB), European Central Bank (ECB), Banco de España, European Central Bank (ECB), Central Bank of Ireland, European Central Bank (ECB), Deutsche Bundesbank - Economic Research Centre, Suomen Pankki – Finlands Bank, European Central Bank (ECB), European Central Bank (ECB)CEPR, Deutsche Bundesbank - Economic Research Centre, Banka Slovenije, Banque Nationale de Belgique, Central Bank of Cyprus, European Central Bank (ECB), Latvijas Banka, De Nederlandsche Bank, Oesterreichische Nationalbank (OeNB), Deutsche Bundesbank - Economic Research Centre, Banca d’Italia, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), Oesterreichische Nationalbank (OeNB), Deutsche Bundesbank - Economic Research Centre, Deutsche Bundesbank - Economic Research Centre and Národná banka Slovenska
Downloads 137 (402,219)

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financial frictions, Monetary policy, systemic risk

5.

Forecasting Real GDP: What Role for Narrow Money?

Number of pages: 38 Posted: 22 Jan 2004
Claus Brand, Hans-Eggert Reimers and Franz Seitz
European Central Bank (ECB), Hochschule Wismar and Technical University of Applied Sciences Weiden
Downloads 270 (218,046)

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Money, business cycle, forecast comparison, VAR models

6.
Downloads 256 (229,908)
Citation 4

Natural Rate Chimera and Bond Pricing Reality

ECB Working Paper No. 2021/2612
Number of pages: 40 Posted: 19 Nov 2021
Claus Brand, Gavin Goy and Wolfgang Lemke
European Central Bank (ECB), De Nederlandsche Bank and European Central Bank
Downloads 161 (352,285)
Citation 1

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arbitrage-free Nelson-Siegel term structure model, Bayesian estimation, equilibrium real rate, natural rate of interest, r*, term premia, unobserved components

Natural Rate Chimera and Bond Pricing Reality

De Nederlandsche Bank Working Paper No. 666, January 2020
Number of pages: 47 Posted: 04 Feb 2020
Claus Brand, Gavin Goy and Wolfgang Lemke
European Central Bank (ECB), De Nederlandsche Bank and European Central Bank
Downloads 95 (529,653)
Citation 7

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natural rate of interest, r, equilibrium real rate, arbitrage-free Nelson-Siegel term structure model, term premia, unobserved components, Bayesian estimation

7.

Taylor-Rule Consistent Estimates of the Natural Rate of Interest

ECB Working Paper No. 2257 (2019); ISBN 978-92-899-3519-7
Number of pages: 56 Posted: 29 Mar 2019
Claus Brand and Falk Mazelis
European Central Bank (ECB) and European Central Bank (ECB)
Downloads 229 (256,310)
Citation 1

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Natural Rate of Interest, Equilibrium Real Rate, Taylor Rule, Bayesian Estimation, Unobserved Components, Beveridge-Nelson Decomposition

8.

A Money Demand System for Euro Area M3

Number of pages: 48 Posted: 12 Dec 2002
Claus Brand and Nuno Cassola
European Central Bank (ECB) and University of Milan Bicocca - CefES
Downloads 218 (268,414)
Citation 30

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Money Demand, Fisher Hypothesis, Term Structure, Structural Cointegrated VAR, Response Profiles

9.

From Cash- to Securities-Driven Euro Area Repo Markets: The Role of Financial Stress and Safe Asset Scarcity

ECB Working Paper No. 2232 (2019) ISBN 978-92-899-3494-7
Number of pages: 66 Posted: 01 Feb 2019
European Central Bank (ECB), European Central Bank (ECB) and HEC Paris - Finance Department
Downloads 200 (290,633)
Citation 2

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monetary policy, repo market, bond specialness, big data, machine learning

10.

The Ecb's Price Stability Framework: Past Experience, and Current and Future Challenges

ECB Occasional Paper No. 2021269
Number of pages: 128 Posted: 23 Sep 2021 Last Revised: 18 Nov 2021
Bank of Italy, European Central Bank (ECB), European Central Bank (ECB), Banque de France - Centre de Recherche, Bank of Latvia, ECB -DG Monetary Policy, De Nederlandsche Bank, European Central Bank (ECB), Bank of Portugal, European Central Bank (ECB), European Central Bank (ECB), Bank of Italy, European Central Bank (ECB), Banque de France, Bank of Finland - Research, Central Bank of Cyprus, Deutsche BundesbankEuropean Central Bank (ECB)University of Kiel, European Central BankECB, European Central Bank (ECB), Central Bank of Ireland, Banco de España, Bank of Italy, Deutsche Bundesbank, European Central Bank (ECB), Banque de France, European Central Bank (ECB), European Central Bank (ECB), De Nederlandsche Bank, European Central Bank, Deutsche Bundesbank, European Central Bank (ECB) - Directorate General Research, European Central Bank (ECB), Bank of Finland, Central Bank of Ireland, European Central Bank (ECB), Deutsche Bundesbank, European Central Bank (ECB), Národná banka Slovenska, European Central Bank (ECB), European Central Bank (ECB), Banque de France, Deutsche Bundesbank, Bank of Greece, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), Frankfurt School of Finance & Management, European Central Bank, European Central Bank, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), ZEW – Leibniz Centre for European Economic Research, National Bank of Belgium, Bank of Italy and Bank of Italy
Downloads 167 (341,528)
Citation 1

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effective lower bound, euro area, European Central Bank, monetary policy strategy, price stability

11.

Estimating the Trend of M3 Income Velocity Underlying the Reference Value for Monetary Growth

ECB Occasional Paper No. 3
Number of pages: 66 Posted: 09 Jul 2005
European Central Bank (ECB), European Central Bank (ECB) and European Central Bank (ECB)
Downloads 156 (361,746)
Citation 3

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12.

Employment and the Conduct of Monetary Policy in the Euro Area

ECB Occasional Paper No. 2021/275
Number of pages: 149 Posted: 23 Sep 2021 Last Revised: 28 Jan 2022
European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), Central Bank of Ireland, Bank of Latvia, Deutsche BundesbankEuropean Central Bank (ECB)University of Kiel, European Central Bank (ECB), European Central Bank (ECB), Banco de España, Deutsche Bundesbank, KU Leuven, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), Národná banka Slovenska, Deutsche Bundesbank, European Central BankECB, European Central Bank (ECB), Bank of Italy, Banque de France, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB) - Directorate General Economics, Central Bank of Ireland, Banque de France, Národná banka Slovenska, European Central Bank (ECB), European Central Bank (ECB), Bank of Portugal, Banco de España, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB)CEPR, Bank of Italy, Banco de España, Bank of Finland - Research, National Bank of Belgium, University of Bonn, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), Bank of Portugal, Bank of Finland, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), Université Paris I Panthéon-Sorbonne and Bank of Portugal
Downloads 122 (439,000)
Citation 1

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Employment, inequality, monetary policy