Topics: - The effectiveness of unconventional monetary policy in the zero lower bound economy. - Should monetary policy target an inflation rate above 2% when the economy is at the zero lower bound? - What is the transmission mechanism of unconventional monetary policy on output, interest rate...

We are interested in receiving theoretical, empirical, and policy papers concerning the credit channel of monetary policy, particularly in the context of a modern financial system characterized by the substantial presence of non- banks and asset-backed securitization. The credit channel of...