EU - Central Bank Research Hub

Title Author(s)

Low inflation in the euro area: Causes and consequences

European Central Bank Occasional papers [View] (Paper: 181, 25.01.2017)

JEL: E31, E52, E58

Pricing of bonds and equity when the zero lower bound is relevant

European Central Bank Working papers [View] (Paper: 1992, 24.01.2017)

JEL: C14, E43, G12

Trade, finance or policies: what drives the cross-border spill-over of business cycles?

European Central Bank Working papers [View] (Paper: 1993, 24.01.2017)

JEL: F1, F3, F41, F44

Below the zero lower bound: a shadow-rate term structure model for the euro area

European Central Bank Working papers [View] (Paper: 1991, 23.01.2017)

JEL: C32, E43, E52

Revenue elasticities in euro area countries

European Central Bank Working papers [View] (Paper: 1989, 20.01.2017)

JEL: E62, H68

Financial inclusion: whats it worth?

European Central Bank Working papers [View] (Paper: 1990, 20.01.2017)

JEL: D14, G21, G28

How does risk flow in the credit default swap market?

European Systemic Risk Board Working papers [View] (Paper: WP33, 22.12.2016)

JEL: G10, G15

The (unintended?) consequences of the largest liquidity injection ever

European Systemic Risk Board Working papers [View] (Paper: WP31, 21.12.2016)

JEL: E58, G21, G28, H63

Financial contagion with spillover effects: a multiplex network approach

European Systemic Risk Board Working papers [View] (Paper: WP32, 21.12.2016)

JEL: C63, D85, G01, G18

Macroeconomic stabilization, monetary-fiscal interactions, and Europes monetary union

European Central Bank Working papers [View] (Paper: 1988, 15.12.2016)

JEL: E31, E62, E63

Determinants of sub-sovereign bond yield spreads: the role of fiscal fundamentals and federal bailout expectations

European Central Bank Working papers [View] (Paper: 1987, 09.12.2016)

JEL: E62, G12, H7

A global trade model for the euro area

European Central Bank Working papers [View] (Paper: 1986, 09.12.2016)

JEL: C38, F17, F47

The risk-adjusted monetary policy rule

European Central Bank Working papers [View] (Paper: 1985, 22.11.2016)

JEL: E32, E52

Towards more resilient economies: the role of well-functioning economic structures

European Central Bank Working papers [View] (Paper: 1984, 22.11.2016)

JEL: E32, J21, L50

Bank efficiency and regional growth in Europe: new evidence from micro-data

European Central Bank Working papers [View] (Paper: 1983, 21.11.2016)

JEL: G21, O16, O47, O52

The impact of disasters on inflation

European Central Bank Working papers [View] (Paper: 1982, 21.11.2016)

JEL: E31, Q54

Capital and labour (mis)allocation in the euro area: some stylized facts and determinants

European Central Bank Working papers [View] (Paper: 1981, 18.11.2016)

JEL: D24, D61, O47

Exposure to international crises: trade vs. financial contagion

European Systemic Risk Board Working papers [View] (Paper: WP30, 17.11.2016)

JEL: E32, F40, F41, F44, H63

Correlation changes between the risk-free rate and sovereign yields of euro area countries

European Central Bank Working papers [View] (Paper: 1979, 17.11.2016)

JEL: G12, G15

US-euro area term structure spillovers, implications for central banks

European Central Bank Working papers [View] (Paper: 1980, 17.11.2016)

JEL: C32, E43, E58

Home bias in bank sovereign bond purchases and the bank-sovereign nexus

European Central Bank Working papers [View] (Paper: 1977, 16.11.2016)

JEL: G01, G11, G21, H6

Mending the broken link: heterogeneous bank lending and monetary policy pass-through

European Central Bank Working papers [View] (Paper: 1978, 16.11.2016)

JEL: C3, E4, E5, G2

Contagion, spillover and interdependence

European Central Bank Working papers [View] (Paper: 1975, 15.11.2016)

JEL: C10, C30, F32

Gradualism and liquidity traps

European Central Bank Working papers [View] (Paper: 1976, 15.11.2016)

JEL: L16, L25, L72, O12, O13, O30

Predicting vulnerabilities in the EU banking sector: the role of global and domestic factors

European Systemic Risk Board Working papers [View] (Paper: WP29, 14.11.2016)

JEL: G01, G21, G28

How exporters set prices: evidence from a large behavioural survey

European Central Bank Working papers [View] (Paper: 1974, 11.11.2016)

JEL: E30, F31, F41

The optimal conduct of central bank asset purchases

European Central Bank Working papers [View] (Paper: 1973, 11.11.2016)

JEL: C61, E52, G11

Crisis severity and the international trade network

European Central Bank Working papers [View] (Paper: 1971, 30.10.2016)

JEL: C45, C52, C67, F14

Forecast combination for euro area inflation: a cure in times of crisis?

European Central Bank Working papers [View] (Paper: 1972, 30.10.2016)

JEL: C32, C52, C53, E31, E37

Financial intermediation, resource allocation, and macroeconomic interdependence

European Systemic Risk Board Working papers [View] (Paper: WP28, 20.10.2016)

JEL: E44, F32, F41, G15, G21

Using elasticities to derive optimal bankruptcy exemptions

European Systemic Risk Board Working papers [View] (Paper: WP26, 20.10.2016)

JEL: D14, D52, E21

(Pro?)-cyclicality of collateral haircuts and systemic illiquidity

European Systemic Risk Board Working papers [View] (Paper: WP27, 20.10.2016)

JEL: E44, G01, G18

Firm responses to employment subsidies: a regression discontinuity approach to the 2012 Spanish labour market reform

European Central Bank Working papers [View] (Paper: 1970, 10.10.2016)

JEL: C21, D22, E24, H25

Dealing with large and volatile capital flows and the role of the IMF

European Central Bank Occasional papers [View] (Paper: 180, 30.09.2016)

JEL: F3, F32, F38, F42, F65, G28

The response of asset prices to monetary policy shocks: stronger than thought

European Central Bank Working papers [View] (Paper: 1967, 30.09.2016)

JEL: C32, E43, E44, E52

Shedding light on dark markets: First insights from the new EU-wide OTC derivatives dataset

European Systemic Risk Board Occasional papers [View] (Paper: OP11, 22.09.2016)

Macroprudential policy with liquidity panics

European Systemic Risk Board Working papers [View] (Paper: WP24, 19.09.2016)

Arbitraging the Basel Securitization Framework: Evidence from German ABS Investment

European Systemic Risk Board Working papers [View] (Paper: WP22, 19.09.2016)

JEL: G01, G21, G24, G28

Macroeconomic effects of secondary market trading

European Systemic Risk Board Working papers [View] (Paper: WP25, 19.09.2016)

JEL: E32, E44, G01

Liquidity Transformation in Asset Management: Evidence from the Cash Holdings of Mutual Funds

European Systemic Risk Board Working papers [View] (Paper: WP23, 19.09.2016)

JEL: G23

ESBies: Safety in the tranches

European Systemic Risk Board Working papers [View] (Paper: WP21, 19.09.2016)

JEL: E44, G01, G28

An inflation-predicting measure of the output gap in the euro area

European Central Bank Working papers [View] (Paper: 1966, 19.09.2016)

JEL: C32, C53, E31, E32, E37

The euro area bank lending survey

European Central Bank Occasional papers [View] (Paper: 179, 19.09.2016)

JEL: E44, E5, G21

Signals from the government: policy disagreement and the transmission of fiscal shocks

European Central Bank Working papers [View] (Paper: 1964, 16.09.2016)

JEL: D80, E60

Bank interest rate setting in the euro area during the Great Recession

European Central Bank Working papers [View] (Paper: 1965, 16.09.2016)

JEL: C32, E43, E52, E58, G01

Understanding the weakness in global trade. What is the new normal?

European Central Bank Occasional papers [View] (Paper: 178, 15.09.2016)

JEL: F10, F13, F14, F15

What do we know about the global financial safety net? Rationale, data and possible evolution

European Central Bank Occasional papers [View] (Paper: 177, 15.09.2016)

JEL: F32, F33, F34, G01, H87

Institutions, public debt and growth in Europe

European Central Bank Working papers [View] (Paper: 1963, 14.09.2016)

JEL: C23, E02, H63, O43

Have FOMC minutes helped markets to predict FED funds rate changes?

European Central Bank Working papers [View] (Paper: 1961, 14.09.2016)

JEL: C14, E52, E58

Multiplex interbank networks and systemic importance: an application to European data

European Central Bank Working papers [View] (Paper: 1962, 14.09.2016)

JEL: C67, D85, G21