Central Bank Research Hub - What's new

Title Author(s)

Added onto the Research Hub on 27.05.2016

When preferences for a stable interest rate become self-defeating

Central Bank of Norway (Norges Bank) Working Papers [View] (2016-05-25, 25.05.2016)

JEL: E52, E58

Capital market financing, firm growth, and firm size distribution

European Systemic Risk Board Working papers [View] (2016-03-11, 11.03.2016)

JEL: F65, G00, G10, G31, G32, L25

How excessive is banks maturity transformation?

European Systemic Risk Board Working papers [View] (2016-03-11, 11.03.2016)

JEL: G01, G21, G28

Macroprudential supervision: From theory to policy

European Systemic Risk Board Working papers [View] (2016-02-23, 23.02.2016)

Macro-financial stability under EMU

European Systemic Risk Board Working papers [View] (2016-02-23, 23.02.2016)

Regime-dependent sovereign risk pricing during the euro crisis

European Systemic Risk Board Working papers [View] (2016-05-02, 02.05.2016)

JEL: C23, E44, F34, G12, H63

Double bank runs and liquidity risk management

European Systemic Risk Board Working papers [View] (2016-04-20, 20.04.2016)

JEL: G01, G21, G28

Bail-in expectations for European banks: Actions speak louder than words

European Systemic Risk Board Working papers [View] (2016-04-12, 12.04.2016)

JEL: G21, G28

Cross-country exposures to the Swiss franc

European Systemic Risk Board Working papers [View] (2016-03-24, 24.03.2016)

Securities trading by banks and credit supply: Micro-evidence from the crisis

European Systemic Risk Board Working papers [View] (2016-03-24, 24.03.2016)

JEL: G01, G21, G28

Monetary policy transmission: the case of Lithuania

Bank of Lithuania Working Papers [View] (2016-05, 26.02.2016)

JEL: C32, C33, E52

Population Ageing and Inflation with Endogenous Money Creation

Bank of Lithuania Working Papers [View] (2016-05, 26.01.2016)

JEL: E12, E31, E41, J10

Determinants of Credit Constrained Firms: Evidence from Central and Eastern Europe Region

Bank of Lithuania Working Papers [View] (2015-05, 26.12.2015)

JEL: E51, F34, G21, L10

Bank exposures and sovereign stress transmission

European Systemic Risk Board Working papers [View] (2016-05-02, 02.05.2016)

JEL: E44, F3, G01, G21, H63

Systemic risk in clearing houses: Evidence from the European repo market

European Systemic Risk Board Working papers [View] (2016-05-02, 02.05.2016)

JEL: E43, E58, G01, G21

What Are the Macroeconomic Effects of High-Frequency Uncertainty Shocks

Bank of Canada Working papers [View] (2016-05-26, 26.05.2016)

JEL: C32, E32, E44

Disentangling the Monetary Policy Stance

Bank of Lithuania Working Papers [View] (2016-05, 15.05.2016)

JEL: E52, E58, E61

Dutch Disease, Real Effective Exchange Rate Misalignments and their Effect on GDP Growth in the EU

Bank of Lithuania Working Papers [View] (2016-05, 26.04.2016)

JEL: C23, F31, F43

Commodities, Financialization, and Heterogeneous Agents

Bank of Lithuania Working Papers [View] (2016-05, 26.03.2016)

JEL: E23, G12, G13, I30, Q11

Added onto the Research Hub on 24.05.2016

Discussion Paper 15/2016: How informative are aggregated inflation expectations? Evidence from the ECB Survey of Professional Forecasters

Bank of Finland Discussion Papers [View] (2016, 23.05.2016)

Does one size fit all at all times? The role of country specificities and state dependencies in predicting banking crises.

National Bank of Belgium Working Papers [View] (2016-05, 23.05.2016)

JEL: C40, E44, E47, E61, G21

The supplier network of exporters : Connecting the dots

National Bank of Belgium Working Papers [View] (2016-05, 23.05.2016)

JEL: D22, F24, L25

Added onto the Research Hub on 23.05.2016

The academic and labor market returns of University professors

Bank of Italy Working Papers [View] (2014-11-19, 14.05.2016)

Safeguarding the euro as a currency beyond the state

European Central Bank Occasional papers [View] (2016-05-20, 20.05.2016)

JEL: E4, E6, F15, F33

Added onto the Research Hub on 20.05.2016

Trust in banks

Bank of Finland BOFIT Discussion Papers [View] (2016, 18.05.2016)

JEL: G21, O16, Z1

Added onto the Research Hub on 19.05.2016

Discussion Paper 13/2016: Debt Structure When Bankruptcy Law Offers Incentives to Restructure

Bank of Finland Discussion Papers [View] (2016, 17.05.2016)

JEL: G32, G33, G38

Added onto the Research Hub on 13.05.2016

Robustness of subgame perfect implementation

Bank of England Working papers [View] (2016-05-13, 13.05.2016)

JEL: D04, D82

You're banned! The effect of sanctions on German cross-border financial flows

Deutsche Bundesbank Discussion Papers [View] (2016-05-13, 13.05.2016)

JEL: F20, F36, F38

Determinants of Credit Constrained Firms: Evidence from Central and Eastern Europe Region

Austrian National Bank Working Papers [View] (2016-05, 13.05.2016)

JEL: E51, F34, G21, L10

Added onto the Research Hub on 12.05.2016

Housing and Tax-Deferred Retirement Accounts

Bank of Canada Working papers [View] (2016-05-11, 12.05.2016)

JEL: C6, C61, D1, D14, D9, D91, E2, E21, H2, H24, R2, R21

Added onto the Research Hub on 11.05.2016

Growing like Spain: 1995-2007

Bank of Spain Working Papers [View] (2016-05, 11.05.2016)

JEL: D24, O11, O47

Added onto the Research Hub on 10.05.2016

Discussion Paper 12/2016: Saving Wall Street or Main Street

Bank of Finland Discussion Papers [View] (2016, 10.05.2016)

JEL: E44, G21, G28, G38

How to Escape a Liquidity Trap with Interest Rate Rules

New York Fed Staff reports [View] (2016-05, 10.05.2016)

JEL: E43, E52, E58

Added onto the Research Hub on 09.05.2016

Identification and Estimation of Risk Aversion in First-Price Auctions with Unobserved Auction Heterogeneity

Bank of Canada Working papers [View] (2016-05-09, 09.05.2016)

JEL: C1, C14, C5, D4, D44, L0, L00

Added onto the Research Hub on 06.05.2016

On the Sources of Business Cycles: Implications for DSGE Models

Czech National Bank Working papers [View] (2016-05, 06.05.2016)

JEL: C10, E32, E50

Liquidity determinants in the UK gilt market

Bank of England Working papers [View] (2016-05-06, 06.05.2016)

JEL: G10, G12, G14

How can the Phillips curve be used for today's policy?

Bank of Portugal Working papers [View] (2016-05, 06.05.2016)

JEL: E31, E40, E52, E58, E62

Firm default probabilities revisited

Bank of Portugal Working papers [View] (2016-05, 06.05.2016)

JEL: C25, G24, G32

The sources of the gender wage gap

Bank of Portugal Working papers [View] (2016-05, 06.05.2016)

JEL: J16, J24, J31, J71

The Term Structure of Expectations and Bond Yields

New York Fed Staff reports [View] (2016-05, 06.05.2016)

JEL: D84, E44, G12

Added onto the Research Hub on 05.05.2016

Estimating Systematic Risk Under Extremely Adverse Market Conditions

Bank of Canada Working papers [View] (2016-05-04, 05.05.2016)

JEL: C1, C14, G0, G1

Added onto the Research Hub on 04.05.2016

Optimal Monetary Policy in Open Economies Revisited

Dallas Fed Institute Working Papers [View] (2016-05, 04.05.2016)

JEL: E52, F41, F42

Financial Fragmentation Shocks

Bank of Portugal Working papers [View] (2015-05, 01.05.2016)

JEL: E27, E44

Income smoothing mechanisms after labor market transitions

Bank of Portugal Working papers [View] (2015-05, 01.05.2016)

JEL: D31, J6, O13

Decomposing the wage losses of displaced workers: the role of the reallocation of workers into firms and job titles

Bank of Portugal Working papers [View] (2015-05, 01.05.2016)

JEL: E21, E60, F40

Policy-effective Financial Knowledge and Attitude Factors

Central Bank of Brazil Working Papers [View] (2016-04, 30.04.2016)

JEL: A20, D12, D14, D83, G29, I28

Expectation-Driven Cycles: Time-varying Effects

Bank of Portugal Working papers [View] (2015-05, 01.05.2016)

Seriously Strengthening the Tax-Benefit Link

Bank of Portugal Working papers [View] (2015-05, 01.05.2016)

JEL: J14, J26, J31

Unions and Collective Bargaining in the Wake of the Great Recession

Bank of Portugal Working papers [View] (2015-05, 01.05.2016)

JEL: J31, J52, J53

Covariate-augmented unit root tests with mixed-frequency data

Bank of Portugal Working papers [View] (2015-05, 01.05.2016)

JEL: C12, C15, C22

Added onto the Research Hub on 30.04.2016

Peer-to-peer lending and financial innovation in the United Kingdom

Bank of England Working papers [View] (2016-04-29, 29.04.2016)

JEL: G23, L26, O30

Macroprudential regulation, credit spreads and the role of monetary policy

Bank of England Working papers [View] (2016-04-29, 29.04.2016)

JEL: E32, E44, E52, E58, G28

Discussion Paper 11/2016: Uncertainty and Firm Dividend Policy, A Natural Experiment

Bank of Finland Discussion Papers [View] (2016, 29.04.2016)

JEL: G32, G35, G38, H32

Added onto the Research Hub on 29.04.2016

Joint prediction bands for macroeconomic risk management

Central Bank of Norway (Norges Bank) Working Papers [View] (2016-04-29, 29.04.2016)

JEL: C11, C53, C6, E1, E37, E5

Discussion Paper 10/2016: How Large Banks Use CDS to Manage Risks: Bank-Firm-Level Evidence

Bank of Finland Discussion Papers [View] (2016, 29.04.2016)

JEL: G14, G21, G23, G28, G32

Added onto the Research Hub on 28.04.2016

Financial Networks, Bank Efficiency and Risk-Taking

Central Bank of Brazil Working Papers [View] (2016-04, 27.04.2016)

JEL: C63, G1, G21, G28

Undue Charges and Price Discrimination

Central Bank of Brazil Working Papers [View] (2016-04, 27.04.2016)

JEL: C10, C12, C7, D18, D82

Discussion Paper 9/2016: Credit Default Swaps and Bank Loan Sales: Evidence from Bank Syndicated Lending

Bank of Finland Discussion Papers [View] (2016, 28.04.2016)

JEL: G14, G21, G23, G28, G32

Early Warning of Financial Stress Events: A Credit-Regime-Switching Approach

Bank of Canada Working papers [View] (2016-04-27, 27.04.2016)

JEL: C1, C12, C14, G0, G01, G1, G17

Retail Order Flow Segmentation

Bank of Canada Working papers [View] (2016-04-27, 27.04.2016)

JEL: G02, G1, G14, G20, L1, L10

Added onto the Research Hub on 27.04.2016

A Functional Approach to Test Trending Volatility

Bank of Mexico Working Papers [View] (2016-04, 27.04.2016)

JEL: C22, C51, E31, Q18

Unit Root Testing in ARMA Models: A Likelihood Ratio Approach

Bank of Mexico Working Papers [View] (2016-04, 27.04.2016)

JEL: C22

Added onto the Research Hub on 26.04.2016

Effective macroprudential policy: Cross-sector substitution from price and quantity measures

Netherlands Bank DNB Working Papers [View] (2016-02-01, 26.04.2016)

JEL: E58, G10, G18, G20

Traditional banks, shadow banks and the US credit boom - credit origination versus financing

Deutsche Bundesbank Discussion Papers [View] (2016-04-26, 26.04.2016)

JEL: E40, E50, F30, G21, G23

Added onto the Research Hub on 25.04.2016

The rise of the added worker effect

Deutsche Bundesbank Discussion Papers [View] (2016-04-25, 25.04.2016)

JEL: E24, J12, J64

Added onto the Research Hub on 22.04.2016

Distributed ledger technologies in securities post-trading - Revolution or evolution?

European Central Bank Occasional papers [View] (2016-04-22, 22.04.2016)

JEL: G21, G23, L15, O33

Non-performing loans: regulatory and accounting treatments of assets

Bank of England Working papers [View] (2016-04-22, 22.04.2016)

JEL: G01, G21, M41

Cross-border regulatory spillovers: How much? How important? What sectors? Lessons from the United Kingdom

Bank of England Working papers [View] (2016-04-22, 22.04.2016)

JEL: F32, F34, G21

The dynamic Black-Litterman approach to asset allocation

Bank of England Working papers [View] (2016-04-22, 22.04.2016)

JEL: C22, C53, G11

A comparative analysis of tools to limit the procyclicality of initial margin requirements

Bank of England Working papers [View] (2016-04-22, 22.04.2016)

JEL: G17

Should Monetary Policy Lean Against Housing Market Booms?

Bank of Canada Working papers [View] (2016-04-21, 21.04.2016)

JEL: E4, E44, E5, E52, G0, G01

Discussion Paper 8/2016: When Do Peers Matter?: A Cross-Country Perspective

Bank of Finland Discussion Papers [View] (2016, 21.04.2016)

JEL: G2, G32

Credit risk interconnectedness: what does the market really know?

Deutsche Bundesbank Discussion Papers [View] (2016-04-22, 22.04.2016)

JEL: C33, C53, E44, F36, G12, G14, G18, G21

Determinacy analysis in high order dynamic systems: The case of nominal rigidities and limited asset market participation

Netherlands Bank DNB Working Papers [View] (2016-04-21, 21.04.2016)

JEL: C62, E50

Added onto the Research Hub on 21.04.2016

Sorry, We're Closed: Loan Conditions When Bank Branches Close and Firms Transfer to Another Bank

Bank of Portugal Working papers [View] (2016-04, 21.04.2016)

JEL: G21, L11, L14

Added onto the Research Hub on 20.04.2016

Discussion Paper 7/2016: Corporate Social Responsibility and Firm Financial Performance: The Mediating Role of Productivity

Bank of Finland Discussion Papers [View] (2016, 20.04.2016)

Cyclical investment behavior across financial institutions

Deutsche Bundesbank Discussion Papers [View] (2016-04-20, 20.04.2016)

JEL: F32, G11, G15, G20

Added onto the Research Hub on 19.04.2016

A data-driven selection of an appropriate seasonal adjustment approach

Deutsche Bundesbank Discussion Papers [View] (2016-04-19, 19.04.2016)

JEL: C13, C14, C22

Added onto the Research Hub on 18.04.2016

A General Approach to Recovering Market Expectations from Futures Prices with an Application to Crude Oil

Bank of Canada Working papers [View] (2016-04-18, 18.04.2016)

JEL: C5, C53, D8, D84, G1, G14, Q4, Q43

Does banknote quality affect counterfeit detection? Experimental evidence from Germany and the Netherlands

Deutsche Bundesbank Discussion Papers [View] (2016-04-18, 18.04.2016)

JEL: E40, E41, E50, E58

Added onto the Research Hub on 15.04.2016

Pass-through of bank funding costs to lending and deposit rates: lessons from the financial crisis

Bank of England Working papers [View] (2016-04-15, 15.04.2016)

JEL: C23, E43, E51, E52

Risk premia and seasonality in commodity futures

Bank of England Working papers [View] (2016-04-15, 15.04.2016)

JEL: E43, G13, Q2, Q40

An agent-based model of dynamics in corporate bond trading

Bank of England Working papers [View] (2016-04-15, 15.04.2016)

JEL: C63, G11, G12, G17

What determines how banks respond to changes in capital requirements?

Bank of England Working papers [View] (2016-04-15, 15.04.2016)

JEL: G21, G32

Basel III and recourse to Eurosystem monetary policy operations

European Central Bank Occasional papers [View] (2016-04-15, 15.04.2016)

JEL: E58, G28

Opaque Assets and Rollover Risk

Bank of Canada Working papers [View] (2016-04-14, 14.04.2016)

JEL: G0, G01, G2

Asset Encumbrance, Bank Funding and Financial Fragility

Bank of Canada Working papers [View] (2016-04-14, 15.04.2016)

JEL: D8, D82, G0, G01, G2, G21, G28

Added onto the Research Hub on 14.04.2016

A comparative analysis of developments in central bank balance sheet composition

Netherlands Bank DNB Working Papers [View] (2016-04-11, 13.04.2016)

JEL: E40, E42, E50, E58

Added onto the Research Hub on 12.04.2016

Discussion Paper 6/2016: Relative Peer Quality and Firm Performance

Bank of Finland Discussion Papers [View] (2016, 12.04.2016)

JEL: G30

Added onto the Research Hub on 11.04.2016

How do regional labor markets adjust to immigration? A dynamic analysis for post-war Germany

Deutsche Bundesbank Discussion Papers [View] (2016-04-11, 11.04.2016)

JEL: F22, J61

Inflation anchoring in the euro area

Deutsche Bundesbank Discussion Papers [View] (2016-04-11, 11.04.2016)

JEL: E31, E44, G12, G14

Added onto the Research Hub on 08.04.2016

Discussion Paper 5/2016: CEO Political Preference and Corporate Tax Sheltering

Bank of Finland Discussion Papers [View] (2016, 08.04.2016)

JEL: G21, G32, H26, P16

Systemic illiquidity in the interbank network

Bank of England Working papers [View] (2016-04-08, 08.04.2016)

JEL: D85, E44, E58, G28, L14

Tracking the slowdown in long-run GDP growth

Bank of England Working papers [View] (2016-04-08, 08.04.2016)

JEL: C32, E01, E23, E32, O47

Monetary policy and volatility in the sterling money market

Bank of England Working papers [View] (2016-04-08, 08.04.2016)

JEL: E43, E44, E52, E58, G21

Monetary policy when households have debt: new evidence on the transmission mechanism

Bank of England Working papers [View] (2016-04-08, 08.04.2016)

JEL: E21, E32, E52

Monetary Transmission: Are Emerging Market and Low Income Countries Different?

Czech National Bank Working papers [View] (2016-04, 08.04.2016)

JEL: E43, E52, G12

Strengthening the role of local currencies in EU candidate and potential candidate countries

European Central Bank Occasional papers [View] (2016-04-08, 08.04.2016)

Added onto the Research Hub on 07.04.2016

Deflation risk in the euro area and central bank credibility

Netherlands Bank DNB Working Papers [View] (2016-04-05, 05.04.2016)

JEL: E31, E44, E52, E58

Added onto the Research Hub on 06.04.2016

How Fast Can China Grow? The Middle Kingdoms Prospects to 2030

Bank of Canada Working papers [View] (2016-04-05, 05.04.2016)

JEL: E22, E23, E32