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	Instrument rules in monetary policy under heterogeneity in currency trade Paper: 2007/22, 20.11.2007 JEL: C62, E52, F31, F41	Mikael Bask
Abstract Full text	Optimal monetary policy under heterogeneity in currency trade Paper: 2007/21, 14.11.2007 JEL: C62, E52, F31, F41	Mikael Bask
Abstract Full text	Measuring potential market risk Paper: 2007/20, 14.11.2007 JEL: G11	Mikael Bask
Abstract Full text	Long swings and chaos in the exchange rate in a DSGE model with a Taylor rule Paper: 2007/19, 14.11.2007 JEL: C65, E32, E44, E52, F31	Mikael Bask
Abstract Full text	Monetary policy, expected inflation and inflation risk premia Paper: 2007/18, 26.10.2007 JEL: E43, E44, E5, G12	Juha Seppälä Federico Ravenna
Abstract Full text	Pre-emptive horizontal mergers: theory and evidence Paper: 2007/17, 25.10.2007 JEL: D43, D44, G14, G34, L13	Jozsef Molnar
Abstract Full text	Bank ownership and efficiency in China: what lies ahead in the world’s largest nation? Paper: 2007/16, 25.10.2007 JEL: F23, G21, G28, G34	Iftekhar Hasan Mingming Zhou Allen N. Berger
Abstract Full text	Portfolio effects and efficiency of lending under Basel II Paper: 2007/13, 25.10.2007 JEL: D41, D82, G14, G21, G28	Esa Jokivuolle Timo Vesala
Abstract Full text	Estimating a small DSGE model under rational and measured expectations: some comparisons Paper: 2007/14, 25.10.2007 JEL: C52, E20, E52	Maritta Paloviita
Abstract Full text	Financial fragility, macroeconomic shocks and banks’ loan losses: evidence from Europe Paper: 2007/15, 25.10.2007 JEL: E44, G21	Jarmo Pesola
Abstract Full text	Integration of financial supervision Paper: 2007/12, 01.10.2007 JEL: G21, G22, G28	Helena Holopainen
Abstract Full text	When do R&D subsidies boost innovation? Revisiting the inverted U-shape Paper: 2007/10, 01.10.2007 JEL: D40, H25, L10, O31	Torsten Santavirta Juha Kilponen
Abstract Full text	Adjustment of the US current account deficit Paper: 2007/09, 01.10.2007 JEL: E61, F32	Mika Kortelainen
Abstract Full text	Managers and efficiency in banking Paper: 2007/11, 01.10.2007 JEL: G21, L25, M19	Karlo Kauko
Abstract Full text	Discretion and the transmission lags of monetary policy Paper: 2007/08, 01.09.2007 JEL: E52, E58, E61	Kai Leitemo Juha Kilponen
Abstract Full text	Multiple safety net regulators and agency problems in the EU: is Prompt Corrective Action a partial solution? Paper: 2007/07, 01.07.2007 JEL: F20, G28, K23	David G. Mayes Larry D. Wall María J. Nieto
Abstract Full text	Robust Taylor rules in an open economy with heterogeneous expectations and least squares learning Paper: 2007/06, 09.05.2007 JEL: E52, F31	Mikael Bask Carina Selander
Abstract Full text	Household loan loss risk in Finland – estimations and simulations with micro data Paper: 2007/05, 08.05.2007 JEL: D14, E47, G21, R29	Karlo Kauko Risto Herrala
Abstract Full text	Bank behaviour with access to credit risk transfer markets Paper: 2007/04, 07.05.2007 JEL: G20, G21, G28	Wolf Wagner Benedikt Goderis Judit Vall Castello Ian W. Marsh
Abstract Full text	Why is Europe lagging behind? Paper: 2007/03, 01.03.2007 JEL: E22, E23, O51, O52	Ilmo Pyyhtiä
Abstract Full text	A note on the national contributions to euro area M3 Paper: 2007/02, 01.03.2007 JEL: E31, E51, M3	Aaron N. Mehrotra
Abstract Full text	Phoenix rising: Legal reforms and changes in valuations in Finland during the economic crisis Paper: 2007/01, 01.03.2007 JEL: G34, K22	Tuomas Takalo Yrjö Koskinen Timo Korkeamäki
Abstract Full text	Finnish consumers’ expectations on developments and changes in payment habits. Survey in connection with the research project ‘Finnish payment habits 2010’ Paper: 2006/32, 05.02.2007 JEL: A14, D14, L81, O33	Tomi Dahlberg Anssi Öörni
Abstract Full text	The effect of lenders’ credit risk transfer activities on borrowing firms’ equity returns Paper: 2006/31, 29.01.2007 JEL: G12, G21	Ian W. Marsh
Abstract Full text	The importance of attractive prices in pricing dynamics Paper: 2006/30, 29.01.2007 JEL: D01, E42	Robert M Schindler Ville Aalto-Setälä
Abstract Full text	A global house price bubble? Evaluation based on a new rent-price approach Paper: 2006/29, 22.01.2007 JEL: G12	Katja Taipalus
Abstract Full text	Population ageing in a small open economy – some policy experiments with a tractable general equilibrium model Paper: 2006/28, 16.01.2007 JEL: E13, H55, J11, J26	Antti Ripatti Helvi Kinnunen Juha Kilponen
Abstract Full text	Rating targeting and the confidence levels implicit in bank capital Paper: 2006/27, 10.01.2007 JEL: G21, G32	Esa Jokivuolle Samu Peura
Abstract Full text	The adverse selection problem in imperfectly competitive credit markets Paper: 2006/26, 14.12.2006 JEL: D43, D82, G21, L13	Timo Vesala Ville Mälkönen
Abstract Full text	Forecasting market crashes: further international evidence Paper: 2006/22, 14.12.2006 JEL: C14, G12, G15	Terhi Jokipii
Abstract Full text	Monetary policy and rejections of the expectations hypothesis Paper: 2006/25, 14.12.2006 JEL: E43, E44, E5, G12	Juha Seppälä Federico Ravenna
Abstract Full text	Financial market integration and the value of global diversification: evidence from US acquirers in cross-border mergers and acquisitions Paper: 2006/24, 14.12.2006 JEL: G15, G31, G34	Xian Sun Iftekhar Hasan Bill B Francis
Abstract Full text	The use of loan loss provisions for capital management, earnings management and signalling by Australian banks Paper: 2006/23, 14.12.2006 JEL: C23, G14, M41	Iftekhar Hasan Asokan Anandarajan Cornelia McCarthy
Abstract Full text	ATM networks and cash usage Paper: 2006/21, 14.11.2006 JEL: E41, E51	Matti Virén Heli Snellman
Abstract Full text	Why the marginal MRO rate exceeds the ECB policy rate? Paper: 2006/20, 03.10.2006 JEL: D44, E58	Tuomas Välimäki
Abstract Full text	Why do bank runs look like panic? A new explanation Paper: 2006/19, 27.09.2006	Iftekhar Hasan Yehnign Chen
Abstract Full text	How hard is the euro area core? An evaluation of growth cycles using wavelet analysis Paper: 2006/18, 27.09.2006	Douglas Maraun Patrick M. Crowley David G. Mayes
Abstract Full text	The cyclical behaviour of European bank capital buffers Paper: 2006/17, 27.09.2006	Terhi Jokipii Alistair Milne
Abstract Full text	Legislation, investor protection and financial growth Paper: 2006/16, 20.09.2006 JEL: G14, G32, G38	Elina Rainio
Abstract Full text	Contagion and interdependence: measuring CEE banking sector co-movements Paper: 2006/15, 03.07.2006 JEL: F30, F40, G15	Brian Lucey Terhi Jokipii
Abstract Full text	Open market operations: beyond the new consensus Paper: 2006/14, 23.06.2006 JEL: E52, E58	Jan Toporowski
Abstract Full text	Money market volatility - A simulation study Paper: 2006/13, 14.06.2006 JEL: E43, E44, E52	Michal Kempa
Abstract Full text	The effect of a transaction tax on exchange rate volatility Paper: 2006/11, 14.06.2006 JEL: F31, F42, G15, G28	Timo Vesala Markku Lanne
Abstract Full text	The stability of electricity prices: estimation and inference of the Lyapunov exponents Paper: 2006/09, 14.06.2006 JEL: C12, C14, C22	Tung Liu Mikael Bask Anna Widerberg
Abstract Full text	Adaptive learning in an expectational difference equation with several lags: selecting among learnable REE Paper: 2006/07, 14.06.2006 JEL: C62, F31, G12	Mikael Bask
Abstract Full text	Announcement effects on exchange rate movements: continuity as a selection criterion among the REE Paper: 2006/06, 14.06.2006 JEL: E51, E52, F31, G12	Mikael Bask
Abstract Full text	Exchange rate volatility without the contrivance of fundamentals and the failure of PPP Paper: 2006/08, 14.06.2006 JEL: F31, F41	Mikael Bask
Abstract Full text	Fundamentals and technical trading: behaviour of exchange rates in the CEECs Paper: 2006/10, 14.06.2006 JEL: C23, F31, F36	Mikael Bask Jarko Fidrmuc
Abstract Full text	Labour taxation and shock propagation in a New Keynesian model with search frictions Paper: 2006/12, 14.06.2006 JEL: E24, E32, J64	Juuso Vanhala
Abstract Full text	Labour and product market competition in a small open economy - Simulation results using a DGE model of the Finnish economy Paper: 2006/05, 20.04.2006 JEL: C68, E60	Antti Ripatti Juha Kilponen

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