Central Bank Research Hub - Series: Bank of Finland Discussion Papers

Papers by year: All | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001

	Title	Author(s)
Abstract Full text	Euler consumption equation with non-separable preferences over consumption and leisure and collateral constraints Paper: 2009/09, 23.03.2009 JEL: E21, E32, E44	Juha Kilponen
Abstract Full text	Public infrastructures, public consumption and welfare in a new open economy macro model Paper: 2009/08, 06.03.2009 JEL: E62, F41, H42, H54	Giovanni Ganelli Juha Tervala
Abstract Full text	Corporate social responsibility and shareholder's value: an empirical analysis Paper: 2009/01, 06.03.2009 JEL: D21, G14, L21	Iftekhar Hasan Rocco Ciciretti Leonardo Becchetti
Abstract Full text	The bank lending channel reconsidered Paper: 2009/02, 06.03.2009 JEL: E44, E52, G32	Geoffrey Wood Alistair Milne
Abstract Full text	Financial interlinkages and risk of contagion in the Finnish interbank market Paper: 2009/06, 06.03.2009 JEL: G01, G21	Mervi Toivanen
Abstract Full text	The 1990’s financial crises in Nordic countries Paper: 2009/05, 06.03.2009 JEL: E44, G01, G21	Seppo Honkapohja
Abstract Full text	Effects of unobserved defaults on correlation between probability of default and loss given default on mortgage loans Paper: 2009/03, 06.03.2009 JEL: C46, E32, G21, G28	Peter Palmroos
Abstract Full text	New small firms and dimensions of economic performance Paper: 2009/04, 06.03.2009 JEL: J23, M13, O1	Sherrill Shaffer Iftekhar Hasan Mingming Zhou
Abstract Full text	Political connections and the process of going public: evidence from China Paper: 2009/07, 06.03.2009 JEL: G24, G3, G32, G34, G38, H0	Xian Sun Iftekhar Hasan Bill B Francis
Abstract Full text	Shattered on the Rock? British financial stability from 1866 to 2007 Paper: 2008/30, 10.12.2008	Geoffrey Wood Alistair Milne
Abstract Full text	Central bank institutional structure and effective central banking: cross-country empirical evidence Paper: 2008/29, 10.12.2008	Iftekhar Hasan Loretta J. Mester
Abstract Full text	Population ageing and fiscal sustainability in Finland: a stochastic analysis Paper: 2008/28, 02.12.2008 JEL: H30, H62, H63, J11	Jukka Lassila Tarmo Valkonen
Abstract Full text	Bank competition and collateral: theory and evidence Paper: 2008/27, 02.12.2008 JEL: D43, D82, G21	Christa Hainz Laurent Weill Christophe J. Godlewski
Abstract Full text	The co-movements along the forward curve of natural gas futures: a structural view Paper: 2008/26, 15.10.2008 JEL: C22, G19	Paolo Zagaglia Fabrizio Spargoli
Abstract Full text	Money-market segmentation in the euro area: what has changed during the turmoil? Paper: 2008/23, 15.10.2008 JEL: C22, E58	Paolo Zagaglia
Abstract Full text	A continuous-time model of the term structure of interest rates with fiscal-monetary policy interactions Paper: 2008/25, 15.10.2008 JEL: D9, G12	Paolo Zagaglia Silvia Romagnoli Massimiliano Marzo
Abstract Full text	Determinacy of interest rate rules with bond transaction services in a cashless economy Paper: 2008/24, 15.10.2008 JEL: C68, E52	Paolo Zagaglia Massimiliano Marzo
Abstract Full text	Integrating European retail payment systems: some economics of SEPA Paper: 2008/22, 24.09.2008 JEL: G21, L14, L15	Kari Kemppainen
Abstract Full text	Government funds and demographic transition – alleviating ageing costs in a small open economy Paper: 2008/21, 24.09.2008 JEL: E13, H55, J11, J26	Helvi Kinnunen
Abstract Full text	Estimating regime-switching Taylor rules with trend inflation Paper: 2008/20, 10.09.2008 JEL: E52, E61, E62	Luciano Greco Davide Raggi Efrem Castelnuovo
Abstract Full text	History of finance research and education in Finland: the first thirty years Paper: 2008/18, 10.09.2008 JEL: A23, B25, G00	Mika Vaihekoski
Abstract Full text	Adverse selection and financing of innovation: is there a need for R&D subsidies? Paper: 2008/19, 10.09.2008 JEL: D82, G28, H20, O30, O38	Tuomas Takalo Tanja Tanayama
Abstract Full text	Macro-model-based stress testing of Basel II capital requirements Paper: 2008/17, 09.09.2008 JEL: C15, G21, G28, G33	Kimmo Virolainen Esa Jokivuolle Oskari Vähämaa
Abstract Full text	Estimating open economy Phillips curves for the euro area with directly measured expectations Paper: 2008/16, 29.06.2008	Maritta Paloviita
Abstract Full text	Investment-cash flow sensitivities, credit rationing and financing constraints Paper: 2008/15, 29.06.2008	Iftekhar Hasan Annalisa Castelli Leonardo Becchetti
Abstract Full text	Does hedging tell the full story? Reconciling differences in US aggregate and industry-level exchange rate risk premia Paper: 2008/14, 27.05.2008 JEL: C3, F3, F4, G3	Iftekhar Hasan Bill B Francis Delroy M. Hunter
Abstract	Why do growth rates differ? Evidence from cross-country data on private sector production Paper: 2008/13, 19.05.2008	Juha Kilponen Matti Virén
Abstract Full text	Bank runs, liquidity and credit risk Paper: 2008/12, 14.05.2008 JEL: G12, G21, G28	Jukka Topi
Abstract Full text	Efficiency and costs of payments: some new evidence from Finland Paper: 2008/11, 07.05.2008 JEL: E42, G21	Kari Takala Matti Virén
Abstract Full text	The signalling hypothesis revisited: Evidence from foreign IPOs Paper: 2008/10, 07.05.2008 JEL: G14, G15, G30, G32	Xian Sun Iftekhar Hasan Bill B Francis James R Lothian
Abstract Full text	Regulatory choices in global financial markets – restoring the role of aggregate utility in the shaping of market supervision Paper: 2008/01, 02.04.2008 JEL: G28, K23, O16	Peik Granlund
Abstract Full text	Consumer awareness and the use of payment media: evidence from young Finnish consumers Paper: 2008/02, 02.04.2008 JEL: E59, G20	Tuomas Takalo Ari Hyytinen
Abstract Full text	One Money, Several Cycles? Evaluation of European business cycles using model-based cluster analysis Paper: 2008/03, 02.04.2008 JEL: F15, F31	Patrick M. Crowley
Abstract Full text	Market power and merger simulation in retail banking Paper: 2008/04, 02.04.2008 JEL: G21, L11, L13	József Molnár
Abstract Full text	Along but beyond mean-variance: Utility maximization in a semimartingale model Paper: 2008/05, 02.04.2008 JEL: C61, G11	Heli Huhtala
Abstract Full text	Cointegration implications of linear rational expectation models Paper: 2008/06, 02.04.2008 JEL: C52	Mikael Juselius
Abstract Full text	Evaluating innovation policy: a structural treatment effect model of R&D subsidies Paper: 2008/07, 02.04.2008 JEL: C31, L53, O31, O38	Tuomas Takalo Tanja Tanayama Otto Toivanen
Abstract Full text	On the importance of borrowing constraints for house price dynamics Paper: 2008/08, 02.04.2008 JEL: E21, R21	Essi Eerola Niku Määttänen
Abstract Full text	Using financial markets information to identify oil supply shocks in a restricted VAR Paper: 2008/09, 02.04.2008 JEL: C01, E32, E44	Marko Melolinna
Abstract Full text	The lending channel under optimal choice of monetary policy Paper: 2007/33, 29.01.2008 JEL: E51, E52, G21	Juha Kilponen Alistair Milne
Abstract Full text	Expectations, learning and monetary policy: an overview of recent research Paper: 2007/32, 28.01.2008 JEL: D84, E31, E52	Seppo Honkapohja George W. Evans
Abstract Full text	Robust learning stability with operational monetary policy rules Paper: 2007/31, 28.01.2008 JEL: D84, E31, E52	Seppo Honkapohja George W. Evans
Abstract Full text	What determines commercial banks’ demand for reserves in the interbank market? Paper: 2007/30, 28.01.2008 JEL: E43, E52, E58	Michal Kempa
Abstract Full text	The international transmission of monetary policy in a dollar pricing model Paper: 2007/29, 16.01.2008 JEL: F30, F41, F42	Juha Tervala
Abstract Full text	‘Some unpleasant fiscal arithmetic’: the role of monetary and fiscal policy in public debt dynamics since the 1970s Paper: 2007/28, 08.01.2008 JEL: C22, E62, H62	Harri Hasko
Abstract Full text	Integration in euro area retail banking markets – convergence of credit interest rates Paper: 2007/27, 08.01.2008 JEL: F36, G21	Laura Vajanne
Abstract Full text	GDP at risk in a DSGE model: an application to banking sector stress testing Paper: 2007/26, 19.12.2007 JEL: E13, E37, G21, G28	Esa Jokivuolle Tero Kuusi Juha Kilponen
Abstract Full text	A case for interest-rate smoothing Paper: 2007/25, 19.12.2007 JEL: E52, F31	Mikael Bask
Abstract Full text	Optimal monetary policy in a hybrid New Keynesian model with a cost channel Paper: 2007/24, 05.12.2007 JEL: E52, E61	Mikael Bask
Abstract Full text	Exchange rate volatility, macro announcements and the choice of intraday seasonality filtering method Paper: 2007/23, 28.11.2007 JEL: C22, C49, C52, E44	Helinä Laakkonen

Papers by year: All | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001