Central Bank Research Hub - What's new

Title Author(s)

Added onto the Research Hub on 28.10.2014

Productivity and welfare: an application to the Spanish banking industry

Bank of Spain Working Papers [View] (2014, 28.10.2014)

JEL: E43, G21, L11, O30, R32

Added onto the Research Hub on 24.10.2014

Optimal monetary policy in the presence of human capital depreciation during unemployment

Bank of England Working papers [View] (2014-10, 24.10.2014)

JEL: E24, E52, J64

Fixed-Income Pricing in a Non-Linear Interest-Rate Model

Bank of France Working Papers [View] (2014-10, 24.10.2014)

JEL: C53, E43, E47, G12

Options Embedded in ECB Targeted Refinancing Operations

Bank of France Working Papers [View] (2014-10, 24.10.2014)

JEL: E43, E52, E58

Global value chains: surveying drivers and measures

European Central Bank Working papers [View] (2014-10, 24.10.2014)

JEL: F60

Added onto the Research Hub on 23.10.2014

Low real rates as driver of secular stagnation: empirical assessment

Netherlands Bank DNB Working Papers [View] (2014-10, 23.10.2014)

JEL: E43, E44, E52

Added onto the Research Hub on 22.10.2014

The impact of liquidity regulation on banks

Bank for International Settlements Working papers [View] (2014-10, 22.10.2014)

JEL: E32, E51, F30, G21, G28

Optimal monetary policy, asset purchases, and market frictions

European Central Bank Working papers [View] (2014-10, 22.10.2014)

JEL: E32, E4, E5

Financial fragility of euro area households

European Central Bank Working papers [View] (2014-10, 22.10.2014)

JEL: D10, D14, G21

A Closer Look at the Phillips Curve Using State Level Data

Dallas Fed Working Papers [View] (2014-10, 22.10.2014)

JEL: E52, E58

Added onto the Research Hub on 21.10.2014

Doctrinal Determinants, Domestic and International, of Federal Reserve Policy 1914-1933

Dallas Fed Institute Working Papers [View] (2014-10, 21.10.2014)

JEL: E4, F5

Real Exchange Rates and Sectoral Productivity in the Eurozone

Dallas Fed Institute Working Papers [View] (2014-09, 21.10.2014)

JEL: F31, F41

International Financial Integration and Crisis Contagion

Dallas Fed Institute Working Papers [View] (2014-09, 21.10.2014)

JEL: D52, F36, F44, G11, G15

Working Less and Bargain Hunting More: Macro Implications of Sales during Japan's Lost Decades

Dallas Fed Institute Working Papers [View] (2014-09, 21.10.2014)

JEL: E3, E5

Exchange Rate Flexibility under the Zero Lower Bound

Dallas Fed Institute Working Papers [View] (2014-09, 21.10.2014)

JEL: E2, E5, E6

The Federal Reserve in a Globalized World Economy

Dallas Fed Institute Working Papers [View] (2014-10, 21.10.2014)

JEL: E5, F4, F5

Intra-Safe Haven Currency Behavior During the Global Financial Crisis

Dallas Fed Institute Working Papers [View] (2014-09, 21.10.2014)

JEL: F31, G15

Added onto the Research Hub on 20.10.2014

Economic Policy Uncertainty and Inflation Expectations

Bank of France Working Papers [View] (2014-10, 13.10.2014)

JEL: E02, E31, E58, E63, P16

Added onto the Research Hub on 17.10.2014

Reconstruction multipliers

Board of Governors of the Federal Reserve System FEDS series [View] (2014-10, 17.10.2014)

JEL: C36, E62, H70

Returning to the Nest: Debt and Parental Co-residence Among Young Adults

Board of Governors of the Federal Reserve System FEDS series [View] (2014-10, 17.10.2014)

JEL: D14, D91, J11

Added onto the Research Hub on 13.10.2014

Identification and estimation of outcome response with heterogeneous treatment externalities

Bank of Italy Working Papers [View] (2014-09, 13.10.2014)

JEL: C13, C21, D62

Inequality and trust: new evidence from panel data

Bank of Italy Working Papers [View] (2014-09, 13.10.2014)

JEL: D31, O15, Z13

Hedonic value of Italian tourism supply: comparing environmental and cultural attractiveness

Bank of Italy Working Papers [View] (2014-09, 13.10.2014)

JEL: L83, Q53, R11, Z11

Random switching exponential smoothing and inventory forecasting

Bank of Italy Working Papers [View] (2014-09, 13.10.2014)

JEL: C22, C53

Are Sovereign Wealth Funds contrarian investors?

Bank of Italy Working Papers [View] (2014-09, 13.10.2014)

JEL: F21, F65, G01, G15, G23, G34

Multidimensional poverty and inequality

Bank of Italy Working Papers [View] (2014-09, 13.10.2014)

JEL: D3, D63, I30, I32

The Exchange Rate as an Instrument at Zero Interest Rates: The Case of the Czech Republic

Czech National Bank Research and Policy notes [View] (2014-09, 13.10.2014)

JEL: E31, E37, E58, F31

Capital Buffers Based on Banks' Domestic Systemic Importance: Selected Issues

Czech National Bank Research and Policy notes [View] (2014-03, 13.10.2014)

JEL: G21, G28

Economic Policy Uncertainty and Inflation Expectations

Bank of France Working Papers [View] (2014-10, 13.10.2014)

JEL: E02, E31, E58, E63, P16

Added onto the Research Hub on 11.10.2014

Contracts, Aggregate Risk, and the Financial Accelerator

Cleveland Fed Working papers [View] (2014-10, 11.10.2014)

JEL: C68, E44, E61

Targeting Long Rates in a Model with Segmented Markets

Cleveland Fed Working papers [View] (2014-10, 11.10.2014)

JEL: C68, E44, E61

Added onto the Research Hub on 10.10.2014

Real-time forecasting US GDP from small-scale factor models

Bank of Spain Working Papers [View] (2000-10, 10.10.2014)

JEL: C22, E27, E32

Counterparty Risk in Material Supply Contracts

New York Fed Staff reports [View] (2014-10, 10.10.2014)

JEL: G14, G19, L00, L14

Rural-Urban Migration, Structural Transformation, and Housing Markets in China

St Louis Fed Working Papers [View] (2014-10, 10.10.2014)

JEL: D90, E20, O41, R23, R31

Added onto the Research Hub on 09.10.2014

Bank Heterogeneity and Capital Allocation: Evidence from Fracking Shocks

New York Fed Staff reports [View] (2014-10, 09.10.2014)

JEL: E32, G21

Added onto the Research Hub on 08.10.2014

Managing Default Risk

Bank for International Settlements Working papers [View] (2014-10-08, 08.10.2014)

JEL: D82, D84, E62

The redistributive effects of financial deregulation: wall street versus main street

Bank for International Settlements Working papers [View] (2014-10-08, 08.10.2014)

JEL: E25, E44, G28, H23

The Price of Stability. The balance sheet policy of the Banque de France and the Gold Standard (1880-1914).

Bank of France Working Papers [View] (2014-10, 08.10.2014)

JEL: E42, E43, E50, E58, N13, N23

Added onto the Research Hub on 07.10.2014

The Impact of Regional and Sectoral Productivity Changes on the U.S. Economy

Board of Governors of the Federal Reserve System International Financial Discussion Papers [View] (2014-10-07, 07.10.2014)

JEL: F10, F11, O40, R12, R13

Three Scenarios for Interest Rates in the Transition to Normalcy

St Louis Fed Working Papers [View] (2014-10, 07.10.2014)

JEL: E43, E47, E52, E58, E65

Added onto the Research Hub on 06.10.2014

Benchmark tipping in the global bond market

Bank for International Settlements Working papers [View] (2014-10-06, 06.10.2014)

JEL: E44, G12, O16

Added onto the Research Hub on 03.10.2014

What is the role of Emerging Asia in global oil prices?

Bank of Finland BOFIT Discussion Papers [View] (2014-09, 03.10.2014)

JEL: C32, E32, Q43

Heterogeneous determinants of local unemployment in Poland

National Bank of Poland Working papers [View] (2014, 03.10.2014)

JEL: C23, J23, R23

The offshore renminbi exchange rate: Microstructure and links to the onshore market

Bank of Finland BOFIT Discussion Papers [View] (2014-09, 03.10.2014)

JEL: F31, F33, G14, G15, G21, G28

Price Dynamics with Consumer Markets

Richmond Fed Working Papers [View] (2014-10, 03.10.2014)

JEL: E12, E30, L16

Added onto the Research Hub on 02.10.2014

Sequential Coordination, Higher-Order Belief Dynamics and E-Stability Principle

Bank of France Working Papers [View] (2014-10, 02.10.2014)

JEL: B41, D41, E30

Financial globalization or great financial expansion? The impact of capital flows on credit and banking crises

Netherlands Bank DNB Working Papers [View] (2014-09, 02.10.2014)

JEL: E51, F32, G01, G15

Interbank Lending and Distress: Observables, Unobservables, and Network Structure

Cleveland Fed Working papers [View] (2014-10, 02.10.2014)

JEL: E31, G21

Volatile Lending and Bank Wholesale Funding

Cleveland Fed Working papers [View] (2014-10, 02.10.2014)

JEL: E44, G21

Filling in the Blanks: Network Structure and Interbank Contagion

Cleveland Fed Working papers [View] (2014-10, 02.10.2014)

JEL: C63, D85, G21, L14

Differential Capital Requirements: Leverage Ratio versus Risk-Based Capital Ratio from a Monitoring Perspective

Cleveland Fed Working papers [View] (2014-10, 02.10.2014)

JEL: G2

Added onto the Research Hub on 01.10.2014

The Macro-Financial Implications of House Price-Indexed Mortgage Contracts

Sveriges Riksbank Working Papers [View] (2014-09, 01.10.2014)

JEL: E21, E43, G21

Evaluating Conditional Forecasts from Vector Autoregressions

Cleveland Fed Working papers [View] (2014-09, 01.10.2014)

JEL: C12, C32, C52, C53

Fiscal Devaluation and Structural Gaps

Bank of France Working Papers [View] (2014-09, 01.10.2014)

JEL: E27, E62, H21, J38

The Evolution of the Federal Reserve Swap Lines since 1962

Cleveland Fed Working papers [View] (2014-09, 01.10.2014)

JEL: F3, N2

Added onto the Research Hub on 29.09.2014

One Currency, One Price? Euro Changeover-Related Inflation in Estonia

Bank of Estonia Working papers [View] (2014-09, 29.09.2014)

JEL: D49, E58, P46

Measuring the effectiveness of cost and price competitiveness in external rebalancing of euro area countries: What do alternative HCIs tell us?

European Central Bank Working papers [View] (2014-09-29, 29.09.2014)

JEL: F14, F31, F41

Added onto the Research Hub on 27.09.2014

An Industrial Organization Approach to International Portfolio Diversification: Evidence from the U.S. Mutual Fund Families

Board of Governors of the Federal Reserve System FEDS series [View] (2014-09, 27.09.2014)

JEL: F30, G11, G23, L21

Added onto the Research Hub on 26.09.2014

Policy uncertainty spillovers to emerging markets - evidence from capital flows

Bank of England Working papers [View] (2014-09-26, 26.09.2014)

JEL: F21, F32, F42

Exchange Rate Movements and the Australian Economy

Reserve Bank of Australia Research Discussion Papers [View] (2014-09, 26.09.2014)

JEL: C32, F31, F41

Added onto the Research Hub on 25.09.2014

Does the clarity of inflation reports affect volatility in financial markets?

Netherlands Bank DNB Working Papers [View] (2014-09, 25.09.2014)

JEL: E44, E52, E58

Efficiency and competition in the Dutch non-life insurance industry: Effects of the 2006 health care reform

Netherlands Bank DNB Working Papers [View] (2014-09, 25.09.2014)

JEL: G22, H51, L11, L12, L13

What do we know about the effects of macroprudential policy?

Netherlands Bank DNB Working Papers [View] (2014-09-15, 25.09.2014)

JEL: E58, G28

Decaying expectations: what inflation forecasts tell us about the anchoring of inflation expectations

Bank for International Settlements Working papers [View] (2014-09-25, 25.09.2014)

JEL: E31, E58

Developing an underlying inflation gauge for China

Bank for International Settlements Working papers [View] (2014-09-25, 25.09.2014)

JEL: C13, C33, C43, E31, E37, G15

Added onto the Research Hub on 24.09.2014

Signaling Status: The Impact of Relative Income on Household Consumption and Financial Decisions

Board of Governors of the Federal Reserve System FEDS series [View] (2014-09-24, 24.09.2014)

Bank Profitability and Debit Card Interchange Regulation: Bank Responses to the Durbin Amendment

Board of Governors of the Federal Reserve System FEDS series [View] (2014-09-24, 24.09.2014)

JEL: G21, G23, G28, L51

Added onto the Research Hub on 23.09.2014

QE and the bank lending channel in the United Kingdom

Bank of England Working papers [View] (2014-09, 19.09.2014)

JEL: E51, E52, G20

The Role of Card Acceptance in the Transaction Demand for Money

Austrian National Bank Working Papers [View] (2014-09, 23.09.2014)

JEL: C35, C83, E41

Shopping Time

San Francisco Fed Working Papers [View] (2014-09, 23.09.2014)

JEL: D12, E32, J22

The Great Mortgaging: Housing Finance, Crises, and Business Cycles

San Francisco Fed Working Papers [View] (2014-09, 23.09.2014)

JEL: C14, C38, C52, E32, E37, E44, E51, G01, G21, N10, N20

How Does Risk Management Influence Production Decisions? Evidence from a Field Experiment

New York Fed Staff reports [View] (2014-09, 23.09.2014)

JEL: G22, G32

Explaining Exchange Rate Anomalies in a Model with Taylor-rule Fundamentals and Consistent Expectations

San Francisco Fed Working Papers [View] (2014-09, 23.09.2014)

JEL: D83, D84, E44, F31, G17

Added onto the Research Hub on 22.09.2014

The Euro Changeover in Estonia: Implications for Inflation

Bank of Estonia Working papers [View] (2014-09, 22.09.2014)

JEL: D49, E58, P46

Bank capital, adjustment and ownership: Evidence from China

Bank of Finland BOFIT Discussion Papers [View] (2014-09, 22.09.2014)

JEL: C32, G21, G28

Added onto the Research Hub on 20.09.2014

Uncertainty, Financial Frictions, and Investment Dynamics

Board of Governors of the Federal Reserve System FEDS series [View] (2014-09-19, 20.09.2014)

JEL: E22, E32, G31

Bank Interventions and Options-based Systemic Risk: Evidence from the Global and Euro-area Crisis

Board of Governors of the Federal Reserve System International Financial Discussion Papers [View] (2014-09-19, 20.09.2014)

JEL: F36, G15, G21, G28

Tying loan interest rates to borrowers' CDS spreads

Board of Governors of the Federal Reserve System FEDS series [View] (2014-09, 20.09.2014)

JEL: G1, G21, G30

Why Do Innovative Firms Hold So Much Cash? Evidence from Changes in State R&D Tax Credits

Board of Governors of the Federal Reserve System FEDS series [View] (2014-09, 20.09.2014)

Long-Term Vacancy in the United States

Board of Governors of the Federal Reserve System FEDS series [View] (2014-09, 20.09.2014)

Survey Incentives, Survey Effort, and Survey Costs

Board of Governors of the Federal Reserve System FEDS series [View] (2014-09, 20.09.2014)

Robust Dynamic Optimal Taxation and Environmental Externalities

Board of Governors of the Federal Reserve System FEDS series [View] (2014-09-19, 20.09.2014)

Solving asset pricing models with stochastic volatility

Board of Governors of the Federal Reserve System FEDS series [View] (2014-09, 20.09.2014)

JEL: C61, C62, G12

Added onto the Research Hub on 19.09.2014

QE and the bank lending channel in the United Kingdom

Bank of England Working papers [View] (2014-09-19, 19.09.2014)

JEL: E51, E52, G20

Added onto the Research Hub on 18.09.2014

Pensions and fertility: back to the roots - The introduction of Bismarck's pension scheme and the European fertility decline

European Central Bank Working papers [View] (2014-09-18, 18.09.2014)

JEL: C21, H31, H53, H55, J13, J18, J26, N33

Forecasting the Brent oil price: addressing time-variation in forecast performance

European Central Bank Working papers [View] (2014-09-18, 18.09.2014)

JEL: C43, E32, Q43

Currency Hedge - Walking on the Edge?

Bank of Estonia Working papers [View] (2014-09-18, 18.09.2014)

JEL: C32, C58, G11, G15, G23, G32

An Assignment Model of Knowledge Diffusion and Income Inequality

Minneapolis Fed Working Papers [View] (2014-09, 18.09.2014)

JEL: L2, O3, O4

Added onto the Research Hub on 17.09.2014

The retail bank interest rate pass-through: The case of the euro area during the financial and sovereign debt crisis

European Central Bank Occasional papers [View] (2014-09-17, 17.09.2014)

JEL: C22, C52, C53, E43, E44, E52

Added onto the Research Hub on 15.09.2014

Monetary and macroprudential policy with foreign currency loans

National Bank of Poland Working papers [View] (2014, 15.09.2014)

JEL: E32, E44, E58

Market perception of sovereign credit risk in the euro area during the financial crisis

National Bank of Poland Working papers [View] (2014, 15.09.2014)

JEL: C11, C32, G01, G12, G15

A fiscal outlook for Poland: Update 2014

National Bank of Poland Working papers [View] (2014, 15.09.2014)

JEL: H3, H50, H55, H60, H68, J10

Poland's exceptional performance during the world economic crisis: New growth accounting evidence

National Bank of Poland Working papers [View] (2014, 15.09.2014)

JEL: E2, O4

Added onto the Research Hub on 14.09.2014

Residential property price statistics across the globe

Bank for International Settlements Quarterly Review [View] (2014-09, 14.09.2014)

JEL: R30, R31

Asset managers in emerging market economies

Bank for International Settlements Quarterly Review [View] (2014-09, 14.09.2014)

JEL: G11, G15, G23

Risks related to EME corporate balance sheets: the role of leverage and currency mismatch

Bank for International Settlements Quarterly Review [View] (2014-09, 14.09.2014)

JEL: D21, F31, G32

Cross-border bank lending during the taper tantrum: the role of emerging market fundamentals

Bank for International Settlements Quarterly Review [View] (2014-09, 14.09.2014)

JEL: F34, G15, G21

Added onto the Research Hub on 12.09.2014

Exploiting the monthly data flow in structural forecasting

Bank of England Working papers [View] (2014-09-12, 12.09.2014)

JEL: C33, C53, E30

Institutional investor portfolio allocation, quantitative easing and the global financial crisis

Bank of England Working papers [View] (2014-09-12, 12.09.2014)

JEL: C22, C23, E61, E65, G11

How does credit supply respond to monetary policy and bank minimum capital requirements?

Bank of England Working papers [View] (2014-09-05, 05.09.2014)

JEL: E44, E51, E52, G18, G21