Central Bank Research Hub - What's new

Title Author(s)

Added onto the Research Hub on 29.09.2016

R&D heterogeneity and its implications for growth

Central Bank of Norway (Norges Bank) Working Papers [View] (2016-09-29, 29.09.2016)

Vulnerable Growth

New York Fed Staff reports [View] (2016-09, 29.09.2016)

JEL: C22, E17, E37

Added onto the Research Hub on 28.09.2016

Financial Constraint and Productivity: Evidence from Canadian SMEs

Bank of Canada Working papers [View] (2016-09-28, 28.09.2016)

JEL: D24, G32, L25

The European Payments Union and the origins of Triffin's regional approach towards international monetary integration

National Bank of Belgium Working Papers [View] (2016-09, 28.09.2016)

JEL: A11, B31, F02, F33, F36, N24

Added onto the Research Hub on 27.09.2016

Macro-financial linkages in the Polish economy: combined impulse-response functions in SVAR models

National Bank of Poland Working papers [View] (2016-09, 27.09.2016)

JEL: C31, C51, C52, C87, E44, E58

Added onto the Research Hub on 25.09.2016

Liquidity risk in banking: is there herding?

Bank of Portugal Working papers [View] (2012-09, 25.09.2016)

JEL: G21, G28

Added onto the Research Hub on 24.09.2016

Public debt sustainability: Methodologies and debates in European institutions

Bank of Portugal Working papers [View] (2016-09, 24.09.2016)

JEL: H60, H63

Added onto the Research Hub on 23.09.2016

The effects of a central bank's inflation forecasts on private sector forecasts: Recent evidence from Japan

Bank for International Settlements Working papers [View] (2016-09-23, 23.09.2016)

JEL: E31, E52, E58

Non-Linear Phillips Curves with Inflation Regime-Switching

Board of Governors of the Federal Reserve System FEDS series [View] (2016-09, 23.09.2016)

Near-Money Premiums, Monetary Policy, and the Integration of Money Markets: Lessons from Deregulation

Board of Governors of the Federal Reserve System FEDS series [View] (2016-09, 23.09.2016)

JEL: E50, G18, N22

Measuring the Informativeness of Market Statistics

Board of Governors of the Federal Reserve System FEDS series [View] (2016-09, 23.09.2016)

Search, Matching and Training

Board of Governors of the Federal Reserve System FEDS series [View] (2016-09, 23.09.2016)

Endogenous Debt Maturity and Rollover Risk

Board of Governors of the Federal Reserve System FEDS series [View] (2016-09, 23.09.2016)

JEL: G01, G21, G22

International Banking and Cross-Border Effects of Regulation: Lessons from the United States

New York Fed Staff reports [View] (2016-09, 23.09.2016)

JEL: F42, F44, G15, G21

On the value of virtual currencies

Netherlands Bank DNB Working Papers [View] (2016-09-23, 23.09.2016)

JEL: E42, E51, F31, G1

Fuel tourism in Dutch border regions: are only salient price differentials relevant?

Netherlands Bank DNB Working Papers [View] (2016-08-25, 23.09.2016)

JEL: D12, H43, Q41

International Banking and Cross-Border Effects of Regulation: Lessons from the United States

Board of Governors of the Federal Reserve System International Financial Discussion Papers [View] (2016-09, 23.09.2016)

JEL: F42, F44, G15, G21

Reserve Balances, the Federal Funds Market and Arbitrage in the New Regulatory Framework

Board of Governors of the Federal Reserve System FEDS series [View] (2016-09, 23.09.2016)

JEL: E49, E52, G28

Cross-border transmission of emergency liquidity

Deutsche Bundesbank Discussion Papers [View] (2016-09-23, 23.09.2016)

JEL: E52, E58, F23, F38, G01, G21

Optimal unemployment insurance and international risk sharing

Deutsche Bundesbank Discussion Papers [View] (2016-09-05, 23.09.2016)

JEL: E32, E62, H21, J64

On What States Do Prices Depend? Answers from Ecuador

Bank of Canada Working papers [View] (2016-09-22, 23.09.2016)

JEL: E3, E5, F3, F33

Added onto the Research Hub on 22.09.2016

On the concavity of the consumption function with liquidity constraints

Central Bank of Norway (Norges Bank) Working Papers [View] (2016-09-22, 22.09.2016)

JEL: D11, D52, D91

Added onto the Research Hub on 20.09.2016

Intuitive and reliable estimates of the output gap from a Beveridge-Nelson filter

Bank for International Settlements Working papers [View] (2016-09-20, 20.09.2016)

JEL: C18, E17, E32

Exchange rate pass-through: What has changed since the crisis?

Bank for International Settlements Working papers [View] (2016-09-20, 20.09.2016)

JEL: E31, E58, F31

Global inflation forecasts

Bank for International Settlements Working papers [View] (2016-09-20, 20.09.2016)

JEL: C53, E31, E37

Added onto the Research Hub on 19.09.2016

Women at work: the impact of welfare and fiscal policies in a dynamic labor supply model

Bank of Italy Working Papers [View] (2016-09-19, 19.09.2016)

JEL: H24, H31, J22

BTP futures and cash relationships: a high frequency data analysis

Bank of Italy Working Papers [View] (2016-09-19, 19.09.2016)

JEL: G12, G13, G14

Price dispersion and consumer inattention: evidence from the market of bank accounts

Bank of Italy Working Papers [View] (2016-09-19, 19.09.2016)

JEL: D12, D4, D8, L11

Self-fulfilling deflations

Bank of Italy Working Papers [View] (2016-09-19, 19.09.2016)

JEL: E31, E40, E43

An inflation-predicting measure of the output gap in the euro area

European Central Bank Working papers [View] (2016-09-19, 19.09.2016)

JEL: C32, C53, E31, E32, E37

The euro area bank lending survey

European Central Bank Occasional papers [View] (2016-09-19, 19.09.2016)

JEL: E44, E5, G21

Macroeconomic effects of secondary market trading

European Systemic Risk Board Working papers [View] (2016-09-19, 19.09.2016)

JEL: E32, E44, G01

Macroprudential policy with liquidity panics

European Systemic Risk Board Working papers [View] (2016-09-19, 19.09.2016)

Liquidity Transformation in Asset Management: Evidence from the Cash Holdings of Mutual Funds

European Systemic Risk Board Working papers [View] (2016-09-19, 19.09.2016)

JEL: G23

Arbitraging the Basel Securitization Framework: Evidence from German ABS Investment

European Systemic Risk Board Working papers [View] (2016-09-19, 19.09.2016)

JEL: G01, G21, G24, G28

ESBies: Safety in the tranches

European Systemic Risk Board Working papers [View] (2016-09-19, 19.09.2016)

JEL: E44, G01, G28

Added onto the Research Hub on 18.09.2016

Covered interest parity lost: understanding the cross-currency basis

Bank for International Settlements Quarterly Review [View] (2016-09, 18.09.2016)

JEL: F31, G15, G2

Foreign exchange market intervention in EMEs: what has changed?

Bank for International Settlements Quarterly Review [View] (2016-09, 18.09.2016)

JEL: E44, F30, F40, G10

Domestic financial markets and offshore bond financing

Bank for International Settlements Quarterly Review [View] (2016-09, 18.09.2016)

JEL: F23, F36, G15

The ECB's QE and euro cross-border bank lending

Bank for International Settlements Quarterly Review [View] (2016-09, 18.09.2016)

JEL: F34, G15, G21

Added onto the Research Hub on 16.09.2016

Forecast uncertainty in the neighborhood of the effective lower bound: How much asymmetry should we expect?

Central Bank of Norway (Norges Bank) Working Papers [View] (2016-09-16, 16.09.2016)

Oil and macroeconomic (in)stability

Central Bank of Norway (Norges Bank) Working Papers [View] (2016-09-16, 16.09.2016)

JEL: C11, E32, E42, Q43

Bank interest rate setting in the euro area during the Great Recession

European Central Bank Working papers [View] (2016-09-16, 16.09.2016)

JEL: C32, E43, E52, E58, G01

Signals from the government: policy disagreement and the transmission of fiscal shocks

European Central Bank Working papers [View] (2016-09-16, 16.09.2016)

JEL: D80, E60

Added onto the Research Hub on 15.09.2016

The Impact of Chinese Import Competition on the Local Structure of Employment and Wages: Evidence from France.

Bank of France Working Papers [View] (2016-09, 15.09.2016)

JEL: F16, J23, J31, R11, R23

International Banking and Cross-Border Effects of Regulation: Lessons from the Netherlands

Netherlands Bank DNB Working Papers [View] (2016-09-15, 15.09.2016)

JEL: F42, F44, G15, G21

Understanding the weakness in global trade. What is the new normal?

European Central Bank Occasional papers [View] (2016-09-15, 15.09.2016)

JEL: F10, F13, F14, F15

What do we know about the global financial safety net? Rationale, data and possible evolution

European Central Bank Occasional papers [View] (2016-09-15, 15.09.2016)

JEL: F32, F33, F34, G01, H87

A bottom-up approach for forecasting GDP in a data rich environment

Bank of Portugal Working papers [View] (2016-09, 15.09.2016)

JEL: C22, C53

Portugal: Trends, cycles, and instability in output and unemployment over 2008-2012

Bank of Portugal Working papers [View] (2016-09, 15.09.2016)

JEL: C51, E32, E4

Bank Runs: Theories and Policy Applications

Bank of Portugal Working papers [View] (2016-09, 15.09.2016)

JEL: E21, E44, G01, G20

Added onto the Research Hub on 14.09.2016

Near-money premiums, monetary policy, and the integration of money markets: lessons from deregulation

Bank for International Settlements Working papers [View] (2016-09-14, 14.09.2016)

JEL: E50, G18, N22

Institutions, public debt and growth in Europe

European Central Bank Working papers [View] (2016-09-14, 14.09.2016)

JEL: C23, E02, H63, O43

Multiplex interbank networks and systemic importance: an application to European data

European Central Bank Working papers [View] (2016-09-14, 14.09.2016)

JEL: C67, D85, G21

Have FOMC minutes helped markets to predict FED funds rate changes?

European Central Bank Working papers [View] (2016-09-14, 14.09.2016)

JEL: C14, E52, E58

Added onto the Research Hub on 13.09.2016

Got rejected? Real effects of not getting a loan

European Central Bank Working papers [View] (2016-09-13, 13.09.2016)

JEL: G21, G32, J23

The Liquidity Coverage Ratio and Security Prices

Swiss National Bank Working Papers [View] (2016-09-13, 13.09.2016)

JEL: E50, G10, G18, G21, G28

Networks and lending conditions: Empirical evidence from the Swiss franc money markets

Swiss National Bank Working Papers [View] (2016-09-13, 13.09.2016)

JEL: E42, E43, E58, G01, G12, G21, L14

Credit cycles and real activity - the Swiss case

Swiss National Bank Working Papers [View] (2016-09-13, 13.09.2016)

JEL: C11, C32, E30, E44, E51, E52

Bank capital and dividend externalities

Bank for International Settlements Working papers [View] (2016-09-13, 13.09.2016)

JEL: G01, G21, G24, G28, G32, G35, G38

A Proposal to Clarify the Objectives and Strategy of Monetary Policy

Richmond Fed Working Papers [View] (2016-09, 13.09.2016)

JEL: E52, E58

Learning in the Oil Futures Markets: Evidence and Macroeconomic Implications

Board of Governors of the Federal Reserve System International Financial Discussion Papers [View] (2016-09, 13.09.2016)

JEL: E32, E37, Q43

Added onto the Research Hub on 12.09.2016

A DGSE Model to Assess the Post-Crisis Regulation of Universal Banks.

Bank of France Working Papers [View] (2016-09, 12.09.2016)

JEL: D58, E3, E44, G21

Interbank loans, collateral and modern monetary policy

European Central Bank Working papers [View] (2016-09-12, 12.09.2016)

JEL: C63, E17, E47, E58

How you export matters: the disassortative structure of international trade

European Central Bank Working papers [View] (2016-09-12, 12.09.2016)

JEL: D85, F14, F63

Regional pull vs global push factors: China and US influence on Asia-Pacific financial markets

Bank for International Settlements Working papers [View] (2016-09-12, 12.09.2016)

JEL: F30, G15

EAGLE-FLI - A macroeconomic model of banking and financial interdependence in the euro area

Bank of Portugal Working papers [View] (2016-09, 12.09.2016)

JEL: E32, E44, E51, F47

Temporary contracts' transitions: the role of training and institutions

Bank of Portugal Working papers [View] (2016-09, 12.09.2016)

JEL: E24, J24, J41

A wavelet-based multivariate multiscale approach for forecasting

Bank of Portugal Working papers [View] (2016-09, 12.09.2016)

JEL: C22, C40, C53

Forecasting banking crises with dynamic panel probit models

Bank of Portugal Working papers [View] (2016-09, 12.09.2016)

JEL: C12, C22

A tale of two sectors: why is misallocation higher in services than in manufacturing?

Bank of Portugal Working papers [View] (2016-09, 12.09.2016)

JEL: D24, O11, O41, O47

Added onto the Research Hub on 09.09.2016

Net debt supply shocks in the euro area and the implications for QE

European Central Bank Working papers [View] (2016-09-09, 09.09.2016)

JEL: C5, E4, E5, G1

The ECB's asset purchase programme: an early assessment

European Central Bank Working papers [View] (2016-09-09, 09.09.2016)

JEL: E44, E52, G12

Has the exchange rate pass through recently declined in the euro area?

European Central Bank Working papers [View] (2016-09-09, 09.09.2016)

JEL: C32, C34, E32, F44, G01

Regulatory Entry Barriers, Rent-Shifting and the Home Market Effect

Bank of Mexico Working Papers [View] (2016-09, 09.09.2016)

JEL: F13, F2

Added onto the Research Hub on 08.09.2016

Fiscal multipliers across the credit cycle

Bank of Spain Working Papers [View] (2016-09, 08.09.2016)

JEL: E20, E44, E62, G10

Added onto the Research Hub on 07.09.2016

Quantitative Easing in the Euro Area: The Dynamics of Risk Exposures and the Impact on Asset Prices

Bank of France Working Papers [View] (2016-09, 07.09.2016)

JEL: E52, E58, G15, G2

Bad Bad Contagion

Board of Governors of the Federal Reserve System International Financial Discussion Papers [View] (2016-09, 07.09.2016)

JEL: F36, F65, G15

Measuring the Natural Rate of Interest: International Trends and Determinants

Board of Governors of the Federal Reserve System FEDS series [View] (2016-09, 07.09.2016)

JEL: C32, C43, E52, O40

Tempered Particle Filtering

Board of Governors of the Federal Reserve System FEDS series [View] (2016-09, 07.09.2016)

JEL: C11, C15, E10

Added onto the Research Hub on 06.09.2016

The role of bank balance sheets in monetary policy transmission. Evidence from Poland

National Bank of Poland Working papers [View] (2016-09, 06.09.2016)

JEL: C23, C33, E43, E51, E52

Forecasting the Estonian Rate of Inflation using Factor Models

Bank of Estonia Working papers [View] (2016-09-06, 06.09.2016)

JEL: C32, C38, C53

Added onto the Research Hub on 05.09.2016

Rationality of announcements, business cycle asymmetry, and predictabilityof revisions. The case of French GDP

Bank of France Working Papers [View] (2016-09, 05.09.2016)

JEL: C22, C52, E37

Added onto the Research Hub on 03.09.2016

Mutual Fund Flows, Monetary Policy and Financial Stability

Board of Governors of the Federal Reserve System FEDS series [View] (2016-09, 03.09.2016)

JEL: E52, G20, G23

Added onto the Research Hub on 02.09.2016

International Banking and Cross-Border Effects of Regulation: Lessons from France

Bank of France Working Papers [View] (2016-08, 02.09.2016)

JEL: F36, G21, G28

Below the zero lower bound - a shadow-rate term structure model for the euro area

Deutsche Bundesbank Discussion Papers [View] (2016-09-02, 02.09.2016)

JEL: C32, E43, E52

Added onto the Research Hub on 01.09.2016

Policy Spillovers and Synergies in a Monetary Union

IJCB International Journal of Central Banking [View] (2016-09, 01.09.2016)

JEL: D42, E44, E63

Financial Intermediation in a Global Environment

IJCB International Journal of Central Banking [View] (2016-09, 01.09.2016)

JEL: E44, F40, G01, G21

Rule-of-Thumb Consumers and Labor Tax Cut Policy at the Zero Lower Bound

IJCB International Journal of Central Banking [View] (2016-09, 01.09.2016)

JEL: E52, E62

Dynamic Stochastic General Equilibrium Models and Their Discontents

IJCB International Journal of Central Banking [View] (2016-09, 01.09.2016)

JEL: E32, E37, E62, F15

The Financial and Macroeconomic Effects of the OMT Announcements

IJCB International Journal of Central Banking [View] (2016-09, 01.09.2016)

JEL: C54, E47, E58

Beggar-Thy-Neighbor? The International Effects of ECB Unconventional Monetary Policy Measures

IJCB International Journal of Central Banking [View] (2016-09, 01.09.2016)

JEL: C11, C32, E52, F42, G15

Options-Implied Probability Density Functions for Real Interest Rates

IJCB International Journal of Central Banking [View] (2016-09, 01.09.2016)

JEL: C58, E43, G12

The Effect of Unconventional Monetary Policy on Inflation Expectations: Evidence from Firms in the United Kingdom

IJCB International Journal of Central Banking [View] (2016-09, 01.09.2016)

JEL: D22, E31, E52

Long-Run Inflation Uncertainty

IJCB International Journal of Central Banking [View] (2016-09, 01.09.2016)

JEL: E31, E44, G13

Added onto the Research Hub on 31.08.2016

Human Capital Investments and Expectations about Career and Family

New York Fed Staff reports [View] (2016-08, 31.08.2016)

JEL: D81, D84, I21, I23, J10, J12, J13, J16, J24

Financial Aid, Debt Management, and Socioeconomic Outcomes: Post-College Effects of Merit-Based Aid

New York Fed Staff reports [View] (2016-08, 31.08.2016)

JEL: I22, J24

Added onto the Research Hub on 30.08.2016

On the Value of Virtual Currencies

Bank of Canada Working papers [View] (2016-08-30, 30.08.2016)

JEL: E42, E51, F31, G1

Toward Removal of the Swiss Franc Cap: Market Expectations and Verbal Interventions

Swiss National Bank Working Papers [View] (2016-08-30, 30.08.2016)

JEL: E44, E58, G12

Credit constraints and the international propagation of US financial shocks

European Central Bank Working papers [View] (2016-08-30, 30.08.2016)

JEL: C32, C34, E32, F44, G01