Central Bank Research Hub - What's new

Title Author(s)

Added onto the Research Hub on 28.08.2014

Income Inequality and Political Polarization: Time Series Evidence Over Nine Decades

Dallas Fed Working Papers [View] (2014-01, 28.08.2014)

JEL: D31, D63, D72

Added onto the Research Hub on 27.08.2014

Do Creditor Rights Increase Employment Risk? Evidence from Loan Covenants

Board of Governors of the Federal Reserve System FEDS series [View] (2014-08-27, 27.08.2014)

Precautionary Volatility and Asset Prices

Board of Governors of the Federal Reserve System FEDS series [View] (2014-08-27, 27.08.2014)

The scarcity value of Treasury collateral: Repo market effects of security-specific supply and demand factors

Board of Governors of the Federal Reserve System FEDS series [View] (2014-08-27, 27.08.2014)

JEL: C23, E43, G10, G12, G19

Filling in the Blanks: Network Structure and Interbank Contagion

Bank for International Settlements Working papers [View] (2014-08, 27.08.2014)

JEL: C63, D85, G21, L14

Bank ownership structure, SME lending and local credit markets

Bank of Finland Discussion Papers [View] (2014, 27.08.2014)

JEL: G21, G28

Fuel Subsidies, the Oil Market and the World Economy

Dallas Fed Working Papers [View] (2014, 27.08.2014)

JEL: E62, F41, Q43

Occupational Hazards and Social Disability Insurance

St Louis Fed Working Papers [View] (2014-08, 27.08.2014)

JEL: E62, I13

Added onto the Research Hub on 26.08.2014

Financial shocks and optimal monetary policy rules

Bank of Finland Discussion Papers [View] (2014, 26.08.2014)

JEL: E32, E44, E52

Understanding the challenges for infrastructure finance

Bank for International Settlements Working papers [View] (2014-08, 26.08.2014)

JEL: G21, G23, H54, O16, O18

The credibility of Hong Kong's currency board system: Looking through the prism of MS-VAR models with time-varying transition probabilities

Bank of Finland BOFIT Discussion Papers [View] (2014, 26.08.2014)

JEL: C11, C32, F31, F41

Commodity Price Cycles and Financial Stability

Central Bank of Chile Working Papers [View] (2014-08, 26.08.2014)

Vulnerability to Changes in External Financing Due to Global Factors

Central Bank of Chile Working Papers [View] (2014-08, 26.08.2014)

Uncovering Our Self-Imposed Limits

Central Bank of Chile Working Papers [View] (2014-08, 26.08.2014)

Trade With Asymmetric Information

Central Bank of Chile Working Papers [View] (2014-08, 26.08.2014)

The Long-Term Divergence Between Your CPI and Mine, The Case of Chile

Central Bank of Chile Working Papers [View] (2014-08, 26.08.2014)

Ouside lending in the NYC Call Loan Market

Cleveland Fed Working papers [View] (2014-08, 26.08.2014)

JEL: G01, N21

Risk Matters: The Impact of Nominal Uncertainty in Chile

Central Bank of Chile Working Papers [View] (2014-08, 26.08.2014)

Credit Stabilization Through Public Banks: The Case of Banco Estado

Central Bank of Chile Working Papers [View] (2014-08, 26.08.2014)

Reserve Policy and Bretton Woods

Cleveland Fed Working papers [View] (2014-08, 26.08.2014)

JEL: F31, F33, N1

Added onto the Research Hub on 25.08.2014

Discussion Paper 20/2014: Promoting efficient retail payments in Europe

Bank of Finland Discussion Papers [View] (2014, 25.08.2014)

JEL: G21, G28

The effects of government spending in a small open economy within a monetary union

European Central Bank Working papers [View] (2014-08-25, 25.08.2014)

JEL: E22, E62, H54

Added onto the Research Hub on 23.08.2014

Job Search Behavior over the Business Cycle

New York Fed Staff reports [View] (2014-08, 23.08.2014)

JEL: E24, E32, J22, J64

Added onto the Research Hub on 22.08.2014

Tailwinds from the East: how has the rising share of imports from emerging markets affected import prices?

Bank of England Working papers [View] (2014-08-22, 22.08.2014)

JEL: C23, F40

A Leverage-Based Measure of Financial Instability

New York Fed Staff reports [View] (2014-08, 22.08.2014)

JEL: E58, G01, G10, G20, G21

Estimating time-varying DSGE models using minimum distance methods

Bank of England Working papers [View] (2014-08-22, 22.08.2014)

JEL: C14, C18, E52, E61, E66

Quantitative easing and bank lending: a panel data approach

Bank of England Working papers [View] (2014-08-22, 22.08.2014)

JEL: E52, G21

The cost of human capital depreciation during unemployment

Bank of England Working papers [View] (2014-08-22, 22.08.2014)

JEL: E24, E31, E52

The Two Greatest. Great Recession vs. Great Moderation

Bank of Spain Working Papers [View] (2000-08, 22.08.2014)

JEL: C22, E32

Banks, shadow banking, and fragility

European Central Bank Working papers [View] (2014-08-22, 22.08.2014)

JEL: G21, G23, G28

The Effect of the Mining Boom on the Australian Economy

Reserve Bank of Australia Research Discussion Papers [View] (2014-08, 22.08.2014)

JEL: E17, Q33

Fiscal devaluation in the euro area: a model-based analysis

European Central Bank Working papers [View] (2014-08-22, 22.08.2014)

JEL: F32, F47, H20

Should Icelandic pension funds hedge currency risk in their foreign investments?

Central Bank of Iceland Working Papers [View] (2014-08, 22.08.2014)

JEL: D81, F31, G32

Added onto the Research Hub on 21.08.2014

Analysing and forecasting price dynamics across euro area countries and sectors: a panel VAR approach

European Central Bank Working papers [View] (2014-08-21, 21.08.2014)

JEL: C33, C53, E31, E37

Identifying excessive credit growth and leverage

European Central Bank Working papers [View] (2014-08-21, 21.08.2014)

JEL: C40, E44, E61, G01, G21

Added onto the Research Hub on 20.08.2014

Shifts in the Beveridge Curve

New York Fed Staff reports [View] (2014-08, 20.08.2014)

JEL: E24, J60

Africa Is on Time

New York Fed Staff reports [View] (2014-08, 20.08.2014)

JEL: F63, I32, O15

Capital flows and macroprudential policies - A multilateral assessment of effectiveness and externalities

European Central Bank Working papers [View] (2014-08-20, 20.08.2014)

JEL: F3, F5, G01, G11

How do households allocate their assets? Stylised facts from the Eurosystem Household Finance and Consumption Survey

Bank of France Working Papers [View] (2014-08, 20.08.2014)

JEL: D1, D3

How do households allocate their assets? Stylised facts from the Eurosystem household finance and consumption survey

European Central Bank Working papers [View] (2014-08-20, 20.08.2014)

JEL: D1, D3

Financial fragility in small open economies: firm balance sheets and the sectoral structure

Bank of France Working Papers [View] (2014-08, 20.08.2014)

JEL: E44, F32, F34, F43, O41

Added onto the Research Hub on 19.08.2014

Learning and Life Cycle Patterns of Occupational Transitions

Richmond Fed Working Papers [View] (2014-08, 19.08.2014)

JEL: E24, J24, J31, J62

Export dynamics and sales at home

European Central Bank Working papers [View] (2014-08-19, 19.08.2014)

JEL: F10, F44, L20

Returns to Active Management: The Case of Hedge Funds

Board of Governors of the Federal Reserve System International Financial Discussion Papers [View] (2014-08-18, 19.08.2014)

JEL: G11, G12, G14, G23

Estimating U.S. Cross-Border Securities Positions: New Data and New Methods

Board of Governors of the Federal Reserve System International Financial Discussion Papers [View] (2014-08-18, 19.08.2014)

JEL: C8, F3, G1

The Role of Oil Price Shocks in Causing U.S. Recessions

Board of Governors of the Federal Reserve System International Financial Discussion Papers [View] (2014-08-18, 19.08.2014)

JEL: E32, E37, E51, Q43

The 2009 Recovery Act: Stimulus at the Extensive and Intensive Labor Margins

St Louis Fed Working Papers [View] (2014-08, 19.08.2014)

JEL: D21, D24, E52, E62

Added onto the Research Hub on 18.08.2014

Intra-industry trade between CESEE countries and the EU15

European Central Bank Working papers [View] (2014-08-18, 18.08.2014)

JEL: F10, F14, F15

The impact of housing non-cash income on the unconditional distribution of household income in Austria

European Central Bank Working papers [View] (2014-08-18, 18.08.2014)

JEL: D12, D14, D31

Added onto the Research Hub on 16.08.2014

The Redistributional Consequences of Tax Reform Under Financial Integration

Dallas Fed Institute Working Papers [View] (2013-08, 16.08.2014)

JEL: D52, E62, F41, F68

Assessing Bayesian Model Comparison in Small Samples

Dallas Fed Institute Working Papers [View] (2013-08, 16.08.2014)

JEL: C11, C13, F41

Technical Note on "Assessing Bayesian Model Comparison in Small Samples"

Dallas Fed Institute Working Papers [View] (2013-08, 16.08.2014)

JEL: C11, C13, F41

Added onto the Research Hub on 15.08.2014

Short-term determinants of the idiosyncratic sovereign risk premium: a regime-dependent analysis for european credit default swaps

European Central Bank Working papers [View] (2014-08-15, 15.08.2014)

JEL: G01, G15, G21, G24

Spatial dependence in commercial property prices: micro evidence from the Netherlands

European Central Bank Working papers [View] (2014-01-27, 15.08.2014)

JEL: C21, C31, R12, R30

Collateral amplification under complete markets

European Central Bank Working papers [View] (2014-08-15, 15.08.2014)

JEL: D52, E32

Terms of Trade and Total Factor Productivity: Empirical evidence from Latin American emerging markets

Central Reserve Bank of Peru Working Papers [View] (2014-08, 15.08.2014)

JEL: C11, C13, C51, F41

Added onto the Research Hub on 14.08.2014

The public sector wage premium in Spain: evidence from longitudinal administrative data

Bank of Spain Working Papers [View] (2000-08, 14.08.2014)

JEL: C21, C23, J31, J45

A Tale of Two Option Markets: Pricing Kernels and Volatility Risk

Board of Governors of the Federal Reserve System FEDS series [View] (2014-08-13, 14.08.2014)

JEL: G12, G13

Added onto the Research Hub on 13.08.2014

Credit supply dynamics and economic activity in euro area countries: a time-varying parameter VAR analysis

European Central Bank Working papers [View] (2014-08-13, 13.08.2014)

JEL: C11, C32, E32, E51

Stability or upheaval? The currency composition of international reserves in the long run

European Central Bank Working papers [View] (2014-08-13, 13.08.2014)

JEL: F30, N20

Added onto the Research Hub on 12.08.2014

Discussion Paper 19/2014: Abnormal real operations, real earnings management, and subsequent crashes in stock prices

Bank of Finland Discussion Papers [View] (2014, 12.08.2014)

JEL: D89, G19, M10, M41

Signalling fiscal stress in the euro area - a country-specific early warning system

European Central Bank Working papers [View] (2014-08-12, 12.08.2014)

JEL: E62, E65, E66, F34, H62, H63

Employment, hours and optimal monetary policy

European Central Bank Working papers [View] (2014-08-12, 12.08.2014)

JEL: E30, E50, E60

The International Transmission of U.S. Structural Shocks Evidence from Global Vector Autoregressions

Austrian National Bank Working Papers [View] (2014-07, 12.08.2014)

JEL: C30, E32, E52, F41

Determinants of the real impact of banking crises: A review and new evidence

Netherlands Bank DNB Working Papers [View] (2014-08-11, 12.08.2014)

JEL: F3, G01, G18

Former foreign affiliates: Cast out and outperformed?

Netherlands Bank DNB Working Papers [View] (2014-08-11, 12.08.2014)

JEL: F23

Openness and the (inverted) aggregate demand logic

Netherlands Bank DNB Working Papers [View] (2014-08-11, 12.08.2014)

JEL: E44, E52, F41

Size and support ratings of US banks

Netherlands Bank DNB Working Papers [View] (2014-08-11, 12.08.2014)

JEL: G21, G32, L25

Added onto the Research Hub on 11.08.2014

Understanding bank-run contagion

European Central Bank Working papers [View] (2014-08-11, 11.08.2014)

JEL: D81, G21, G28

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

European Central Bank Working papers [View] (2014-08-11, 11.08.2014)

JEL: C11, C32, G01, G12, G15

International Trade Costs, Global Supply Chains and Value-added Trade in Australia

Reserve Bank of Australia Research Discussion Papers [View] (2014-08, 11.08.2014)

JEL: D57, E01, F12, F60, L16, L23

Added onto the Research Hub on 09.08.2014

Unspanned macroeconomic factors in the yield curve

Board of Governors of the Federal Reserve System FEDS series [View] (2014-08-08, 09.08.2014)

JEL: C33, C53, E43, E44, G12

The Domestic and International Effects of Interstate U.S. Banking

Board of Governors of the Federal Reserve System International Financial Discussion Papers [View] (2014-08-07, 09.08.2014)

JEL: E32, F32, F41, G21

Firm Entry and Employment Dynamics in the Great Recession

Board of Governors of the Federal Reserve System FEDS series [View] (2014-08-08, 09.08.2014)

JEL: E24, E32, E44, G01, J2, L25

Added onto the Research Hub on 08.08.2014

Information Heterogeneity and Intended College Enrollment

New York Fed Staff reports [View] (2014-08, 08.08.2014)

JEL: D81, D83, D84, I21, I24, I28

Technological Standardization, Endogenous Productivity and Transitory Dynamics

Bank of France Working Papers [View] (2014-08, 08.08.2014)

JEL: E32, O31, O33

Limited Deposit Insurance Coverage and Bank Competition

Board of Governors of the Federal Reserve System FEDS series [View] (2014-08-07, 08.08.2014)

JEL: G21

Stochastic Intensity Models of Wrong Way Risk: Wrong Way CVA Need Not Exceed Independent CVA

Board of Governors of the Federal Reserve System FEDS series [View] (2014-08-07, 08.08.2014)

Business to Business Credit to Small Firms

Board of Governors of the Federal Reserve System FEDS series [View] (2014-08-07, 08.08.2014)

The Rise in Home Currency Issuance

San Francisco Fed Working Papers [View] (2014-07, 08.08.2014)

JEL: E52, F34, F36, F65

Pricing-to-Market and Optimal Interest Rate Policy

Dallas Fed Institute Working Papers [View] (2013-08, 08.08.2014)

JEL: E31, E52, F41

International Bailouts: Why Did Banks' Collective Bet Lead Europe to Rescue Greece?

Bank of France Working Papers [View] (2014-08, 08.08.2014)

JEL: F33, F34, F36, F42, F65

Added onto the Research Hub on 07.08.2014

Direct Purchases of U.S. Treasury Securities by Federal Reserve Banks

New York Fed Staff reports [View] (2014-08, 07.08.2014)

JEL: E58, H62, H63

Educational Assortative Mating and Household Income Inequality

New York Fed Staff reports [View] (2014-08, 07.08.2014)

JEL: D31, I24, J12

University Choice: The Role of Expected Earnings, Non-pecuniary Outcomes, and Financial Constraints

New York Fed Staff reports [View] (2014-08, 07.08.2014)

JEL: D81, D84, I21, I23

Household saving behavior and credit constraints in the Euro area

Deutsche Bundesbank Discussion Papers [View] (2014-08-07, 07.08.2014)

JEL: C8, D12, D14, D91

Added onto the Research Hub on 06.08.2014

Wealth and income in the euro area: Heterogeneity in households' behaviours?

European Central Bank Working papers [View] (2014-08-06, 06.08.2014)

JEL: C35, D31

Optimal mechanisms for the control of fiscal deficits

European Central Bank Working papers [View] (2014-08-06, 06.08.2014)

JEL: D82, H62

Household Finance after a Natural Disaster: The Case of Hurricane Katrina

Cleveland Fed Working papers [View] (2014-08, 06.08.2014)

Added onto the Research Hub on 05.08.2014

The financial and macroeconomic effects of OMT announcements

European Central Bank Working papers [View] (2014-08, 05.08.2014)

JEL: E47, E58

A consistent set of multilateral productivity approach-based indicators of price competitiveness

European Central Bank Working papers [View] (2014-08, 05.08.2014)

JEL: C23, F31

Non-linearity in the Inflation-Growth Relationship in Developing Economies: Evidence from a Semiparametric Panel Model

Board of Governors of the Federal Reserve System FEDS series [View] (2014-08-04, 05.08.2014)

JEL: C23, O40

The Low Frequency Effects of Macroeconomic News on Government Bond Yields

Board of Governors of the Federal Reserve System FEDS series [View] (2014-08, 05.08.2014)

JEL: E43, E44, E47, G14

Added onto the Research Hub on 04.08.2014

Are foreign-owned firms different? Comparison of employment volatility and elasticity of labour demand

European Central Bank Working papers [View] (2014-08, 04.08.2014)

JEL: F23, J23, J51

Household heterogeneity in the euro area since the onset of the great recession

European Central Bank Working papers [View] (2014-08, 04.08.2014)

JEL: D12, D31, E21

Added onto the Research Hub on 02.08.2014

Heading into Trouble: A Comparison of the Latin American Crises and the Euro Area's Current Crisis

Bank of Mexico Working Papers [View] (2014-08, 02.08.2014)

JEL: F34, H12, H63

Added onto the Research Hub on 01.08.2014

Peering into the mist: social learning over an opaque observation network

Bank of England Working papers [View] (2014-08, 01.08.2014)

JEL: C72, D82, D83, D84

Bank lines of credit as contingent liquidity: A study of covenant violations and their implications

European Central Bank Working papers [View] (2014-08, 01.08.2014)

JEL: E22, E5, G21, G31, G32

Alternatives for issuer-paid credit rating agencies

European Central Bank Working papers [View] (2014-08, 01.08.2014)

JEL: G24, G28, L14

Foreign currency borrowing and knowledge about exchange rate risk

Austrian National Bank Working Papers [View] (2014-03, 01.08.2014)

JEL: D12, D80, G11