Central Bank Research Hub - Series: European Central Bank Working papers

Papers by year: All | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003

Title	Author(s)
The coevolution of money markets and monetary policy, 1815-2008 Paper: 1756, 19.12.2014 JEL: E52, G15, N20	Stefano Ugolini Clemens Jobst
Fragmentation in the euro overnight unsecured money market Paper: 1755, 19.12.2014 JEL: E5, G1	Simone Manganelli Carlos Garcia de Andoain Peter Hoffmann
MRO bidding in the presence of LTROs: an empirical analysis of the pre-crisis period Paper: 1753, 18.12.2014 JEL: D44, D53, D84, E43, E50, G10, G21	Edgar Vogel
New evidence on elementary index bias Paper: 1754, 18.12.2014 JEL: C43, E31	Philip Vermeulen Enikö Gábor
How do exporters react to changes in cost competitiveness? Paper: 1752, 17.12.2014 JEL: F1, F16, F4	Catherine Fuss Stefaan Decramer Jozef Konings
Linking distress of financial institutions to macrofinancial shocks Paper: 1749, 16.12.2014 JEL: C33, G33	Alexander Al-Haschimi Stéphane Dées Filippo di Mauro Martina Janoková
How do financial institutions forecast sovereign spreads? Paper: 1750, 16.12.2014 JEL: E62, G10, H30	Marcos Poplawski Ribeiro Jacopo Cimadomo Peter Claeys
Disaggregating Okun's law: decomposing the impact of the expenditure components of GDP on euro area unemployment Paper: 1747, 15.12.2014 JEL: C23, E2, E24	Valerie Jarvis Ted Aranki Robert Anderton Boele Bonthuis
Enterprise productivity: a three-speed Europe Paper: 1748, 15.12.2014 JEL: D22, H11, O47, O52	Federica Saliola Naoto Kanehira Mariana Iootty Andrea Dall'Olio
Financial indicators signalling correlation changes in sovereign bond markets Paper: 1746, 04.12.2014 JEL: F36, G12, G15	Michael Stein Roberto A. De Santis
Model of the United States economy with learing MUSEL Paper: 1745, 02.12.2014 JEL: C51, C6, E5	Alpo Willman Alberto González Pandiella Ursel Baumann Alistair Dieppe
Retail market structure and consumer prices in the euro area Paper: 1744, 02.12.2014 JEL: E31, L1, L4, L8	Emanuela Ciapanna Concetta Rondinelli
Measuring financial conditions in major non-euro area economies Paper: 1743, 28.11.2014 JEL: C43, E37, E44, G1	Giulio Nicoletti David Lodge Konstantin M. Wacker
Within- and cross-country price dispersion in the euro area Paper: 1742, 28.11.2014 JEL: E31, F41	Fabio Rumler Ádám Reiff
Financial reputation, market interventions and debt issuance by banks: a truncated two-part model approach Paper: 1741, 11.11.2014 JEL: G01, G15, G21	Diego Rodriguez-Palenzuela Gonzalo Camba-Mendez Santiago Carbó-Valverde
Exports and capacity constraints - a smooth transition regression model for six euro area countries Paper: 1740, 11.11.2014 JEL: C22, C50, C51, F10, F14	Ansgar Belke Anne Oeking Ralph Setzer
Global value chains: surveying drivers and measures Paper: 1739, 24.10.2014 JEL: F60	João Amador Sónia Cabral
Financial fragility of euro area households Paper: 1737, 22.10.2014 JEL: D10, D14, G21	Miguel Ampudia Has van Vlokhoven Dawid Zochowski
Optimal monetary policy, asset purchases, and market frictions Paper: 1738, 22.10.2014 JEL: E32, E4, E5	Andreas Schabert
Measuring the effectiveness of cost and price competitiveness in external rebalancing of euro area countries: What do alternative HCIs tell us? Paper: 1736, 29.09.2014 JEL: F14, F31, F41	Styliani Christodoulopoulou Olegs Tkacevs
Pensions and fertility: back to the roots - The introduction of Bismarck's pension scheme and the European fertility decline Paper: 1734, 18.09.2014 Abstract JEL: C21, H31, H53, H55, J13, J18, J26, N33	Robert Fenge Beatrice Scheubel
Forecasting the Brent oil price: addressing time-variation in forecast performance Paper: 1735, 18.09.2014 Abstract JEL: C43, E32, Q43	Cristiana Manescu Ine Van Robays
One currency, one price? Euro changeover-related inflation in Estonia Paper: 1732, 12.09.2014 Abstract JEL: D49, E58, P46	Jaanika Merikyll Tairi Rõõm
Conditional forecasts and scenario analysis with vector autoregressions for large cross-sections Paper: 1733, 12.09.2014 Abstract JEL: C11, C13, C33, C53	Domenico Giannone Marta Banbura Michele Lenza
Do federal reserve bank presidents have a regional bias? Paper: 1731, 10.09.2014 Abstract JEL: C12, C3, D72, E58	Sophia Latsos Alexander Jung
Credit spreads and the links between the financial and real sectors in a small open economy: the case of the Czech Republic Paper: 1730, 10.09.2014 Abstract JEL: C15, C32, E51	Oxana Babecká Kucharuková Tomá Konený
Financial stress and economic dynamics: the transmission of crises Paper: 1728, 01.09.2014 JEL: C11, C32, E44	Robert J. Tetlow Kirstin Hubrich
Flight to liquidity and the Great Recession Paper: 1729, 01.09.2014 JEL: E22, E32, E44	Sören Radde
The effects of government spending in a small open economy within a monetary union Paper: 1727, 25.08.2014 JEL: E22, E62, H54	Matija Lozej Daragh Clancy Pascal Jacquinot
Banks, shadow banking, and fragility Paper: 1726, 22.08.2014 JEL: G21, G23, G28	Stephan Luck Paul Schempp
Fiscal devaluation in the euro area: a model-based analysis Paper: 1725, 22.08.2014 JEL: F32, F47, H20	Massimiliano Pisani Sandra Gomes Pascal Jacquinot
Analysing and forecasting price dynamics across euro area countries and sectors: a panel VAR approach Paper: 1724, 21.08.2014 JEL: C33, C53, E31, E37	Jochen Güntner Stephane Dees
Identifying excessive credit growth and leverage Paper: 1723, 21.08.2014 JEL: C40, E44, E61, G01, G21	Carsten Detken Lucia Alessi
How do households allocate their assets? Stylised facts from the Eurosystem household finance and consumption survey Paper: 1722, 20.08.2014 JEL: D1, D3	Pirmin Fessler Luc Arrondel Cristiana Rampazzi Tobias Schmidt Frédérique Savignac Philip Vermeulen Martin Schürz Peter Lindner Laura Bartiloro Thomas Y. Mathä
Capital flows and macroprudential policies - A multilateral assessment of effectiveness and externalities Paper: 1721, 20.08.2014 JEL: F3, F5, G01, G11	John Beirne Christian Friedrich
Export dynamics and sales at home Paper: 1720, 19.08.2014 JEL: F10, F44, L20	Antoine Berthou Jérôme Héricourt Nicolas Berman
Intra-industry trade between CESEE countries and the EU15 Paper: 1719, 18.08.2014 JEL: F10, F14, F15	Lucia Orszaghova Willem Schudel Ernest Dautovic
The impact of housing non-cash income on the unconditional distribution of household income in Austria Paper: 1718, 18.08.2014 JEL: D12, D14, D31	Pirmin Fessler Miriam Rehm Lukas Tockner
Short-term determinants of the idiosyncratic sovereign risk premium: a regime-dependent analysis for european credit default swaps Paper: 1717, 15.08.2014 JEL: G01, G15, G21, G24	Giovanni Calice Bořek Vašíček RongHui Miao Filip Štěrba
Spatial dependence in commercial property prices: micro evidence from the Netherlands Paper: 1627, 15.08.2014 JEL: C21, C31, R12, R30	Selin Özyurt
Collateral amplification under complete markets Paper: 1716, 15.08.2014 JEL: D52, E32	Kalin Nikolov
Credit supply dynamics and economic activity in euro area countries: a time-varying parameter VAR analysis Paper: 1714, 13.08.2014 JEL: C11, C32, E32, E51	Matteo Falagiarda Martin Bijsterbosch
Stability or upheaval? The currency composition of international reserves in the long run Paper: 1715, 13.08.2014 JEL: F30, N20	Arnaud Mehl Barry Eichengreen Livia Chiţu
Employment, hours and optimal monetary policy Paper: 1713, 12.08.2014 JEL: E30, E50, E60	Maarten Dossche Vivien Lewis Céline Poilly
Signalling fiscal stress in the euro area - a country-specific early warning system Paper: 1712, 12.08.2014 JEL: E62, E65, E66, F34, H62, H63	Enrique Moral-Benito Pablo Hernández de Cos Christiane Nickel Gerrit B. Koester
Understanding bank-run contagion Paper: 1711, 11.08.2014 JEL: D81, G21, G28	Martin Brown Stefan T. Trautmann Razvan Vlahu
Market perception of sovereign credit risk in the euro area during the financial crisis Paper: 1710, 11.08.2014 Abstract JEL: C11, C32, G01, G12, G15	Dobromil Serwa Gonzalo Camba-Méndez
Wealth and income in the euro area: Heterogeneity in households' behaviours? Paper: 1709, 06.08.2014 JEL: C35, D31	Luc Arrondel Muriel Roger Frédérique Savignac
Optimal mechanisms for the control of fiscal deficits Paper: 1708, 06.08.2014 JEL: D82, H62	Hans Peter Grüner
The financial and macroeconomic effects of OMT announcements Paper: 1707, 05.08.2014 Abstract JEL: E47, E58	Carlo Altavilla Domenico Giannone Michele Lenza

Papers by year: All | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003