Central Bank Research Hub - What's new

Title Author(s)

Added onto the Research Hub on 26.08.2016

Anchoring of inflation expectations in the euro area: recent evidence based on survey data

European Central Bank Working papers [View] (2016-08-26, 26.08.2016)

JEL: D84, E52, E58

Crises and rescues: liquidity transmission through international banks

Bank for International Settlements Working papers [View] (2016-08-26, 26.08.2016)

JEL: F34, G01, G21

Asset allocation with judgment

European Central Bank Working papers [View] (2016-08-26, 26.08.2016)

JEL: C1, C11, C12, C13, D81

Real exchange rates and international co-movement: news-shocks and non-tradable goods with complete markets

European Central Bank Working papers [View] (2016-08-26, 26.08.2016)

JEL: F41, F44

Added onto the Research Hub on 25.08.2016

No. 33 Labour Market Institutions in Open Economy

Bank of Lithuania Working Papers [View] (2016-08-25, 25.08.2016)

JEL: E24, F12, F16

Credit Defaults, Bank Lending and the Real Economy

Netherlands Bank DNB Working Papers [View] (2016-08-25, 25.08.2016)

JEL: E44, E51, E52

Banking Across Borders With Heterogeneous Banks

Board of Governors of the Federal Reserve System International Financial Discussion Papers [View] (2016-08-25, 19.07.2016)

JEL: F12, F21, F23, G21

Credit Default Swaps and Debt Contracts: Spillovers and Extensive Default Premium Choice

Board of Governors of the Federal Reserve System FEDS series [View] (2016-05, 03.05.2016)

JEL: D52, D53, E44, G10, G12

Multi-layered interbank model for assessing systemic risk

European Central Bank Working papers [View] (2016-08-25, 25.08.2016)

JEL: C45, C63, D85, G21

When shadows grow longer: shadow banking with endogenous entry

European Central Bank Working papers [View] (2016-08-25, 25.08.2016)

JEL: E44, G01, G11, G21, G28

Policy spillovers and synergies in a monetary union

European Central Bank Working papers [View] (2016-08-25, 25.08.2016)

JEL: D42, E44, E63

Nominal rigidities in debt and product markets

St Louis Fed Working Papers [View] (2016-08-25, 25.08.2016)

JEL: E32, E52, G21, R21

Added onto the Research Hub on 24.08.2016

Aging, (Pension) Reforms and the Shadow Economy in Southern Europe

Bank of Lithuania Working Papers [View] (2016-08-24, 24.08.2016)

JEL: E24, E26, H55, J11

A Detailed Description of OGRE, the OLG Model

Bank of Lithuania Working Papers [View] (2016-08-24, 24.08.2016)

JEL: E24, E26, H55, J11

Monetary Transmission Mechanism with Firm Turnover

Bank of Estonia Working papers [View] (2016-08-24, 24.08.2016)

JEL: C32, E32

Housing collateral and small firm activity in Europe

Bank for International Settlements Working papers [View] (2016-08-24, 24.08.2016)

JEL: G30, G32, O47, R30

Valuing "Free" Media in GDP: An Experimental Approach

Philadelphia Fed Working Papers [View] (2016-08-05, 24.08.2016)

JEL: C82, L81, M37, O3

A Pilot Survey of Agent Securities Lending Activity

New York Fed Staff reports [View] (2016-08, 24.08.2016)

JEL: G10, G11, G20, G23

Added onto the Research Hub on 23.08.2016

Bank quality, judicial efficiency and borrower runs: loan repayment delays in Italy

Bank of Italy Working Papers [View] (2016-07-13, 23.08.2016)

JEL: G2

Boulevard of broken dreams. The end of the EU funding (1997: Abruzzi, Italy)

Bank of Italy Working Papers [View] (2016-07-13, 23.08.2016)

JEL: O47, R11

Some reflections on the social welfare bases of the measurement of global income inequality

Bank of Italy Working Papers [View] (2016-07-13, 23.08.2016)

JEL: D3, D63

Benchmarking Operational Risk Models

Board of Governors of the Federal Reserve System FEDS series [View] (2016-08-23, 23.08.2016)

JEL: G21, G28

The Bank as Grim Reaper: Debt Composition and Bankruptcy Thresholds

Board of Governors of the Federal Reserve System FEDS series [View] (2016-08-23, 23.08.2016)

JEL: G12, G32, G33

Added onto the Research Hub on 22.08.2016

Vulnerability to Normalization of Global Financing Conditions: An Operational Approach

South African Reserve Bank Working Papers [View] (2015, 22.08.2016)

Added onto the Research Hub on 20.08.2016

An Experiment on Information Use in College Student Loan Decisions

Philadelphia Fed Working Papers [View] (2016-08-20, 19.06.2016)

JEL: D83, H52, I22, I28

Do interest rates affect the exchange rate under capital controls? An event study of Iceland's experience with capital contro

Central Bank of Iceland Working Papers [View] (2015-11-01, 20.08.2016)

JEL: E42, E52, E58, G01

Distributional Incentives in an Equilibrium Model of Domestic Sovereign Default

Philadelphia Fed Working Papers [View] (2016-08-20, 19.08.2016)

JEL: E44, E6, F34, H63

The Consequences of Gentrification: A Focus on Residents' Financial Health in Philadelphia

Philadelphia Fed Working Papers [View] (2016-08-20, 19.07.2016)

JEL: D14, J11, J6, R23

What Have We Learned About the Causes of Recent Gentrification?

Philadelphia Fed Working Papers [View] (2016-08-20, 01.07.2016)

JEL: R23

The Causes of Household Bankruptcy: The Interaction of Income Shocks and Balance Sheets

Philadelphia Fed Working Papers [View] (2016-07-20, 19.07.2016)

JEL: D41, H31

Added onto the Research Hub on 19.08.2016

Downward Nominal Wage Rigidity in Canada: Evidence from Micro- Level Data

Bank of Canada Working papers [View] (2016-08-18, 19.08.2016)

JEL: E24, J3, J30

The Visible Hand: The Role of Government in Chinas Long-Awaited Industrial Revolution

St Louis Fed Working Papers [View] (2016-08-19, 19.08.2016)

JEL: H10, H40, H70, L10, O10, O20, O30, O40, O50

Gauging the Ability of the FOMC to Respond to Future Recessions

Board of Governors of the Federal Reserve System FEDS series [View] (2016-08, 08.07.2016)

Financial Stability and Optimal Interest-Rate Policy

Board of Governors of the Federal Reserve System FEDS series [View] (2016-08, 07.07.2016)

JEL: E43, E52, E58, G01

Added onto the Research Hub on 18.08.2016

Is Los Angeles Becoming Transit Oriented?

Board of Governors of the Federal Reserve System FEDS series [View] (2016-02, 04.01.2016)

JEL: H4, O18, R1, R3, R4

Can a Bank Run Be Stopped? Government Guarantees and the Run on Continental Illinois

Board of Governors of the Federal Reserve System FEDS series [View] (2016-02, 03.01.2016)

JEL: G01, G21, H12

Predicting Operational Loss Exposure Using Past Losses

Board of Governors of the Federal Reserve System FEDS series [View] (2016-02, 02.01.2016)

JEL: G21, G28, G32

Downward Nominal Wage Rigidity in the United States During and After the Great Recession

Board of Governors of the Federal Reserve System FEDS series [View] (2016-01, 01.01.2016)

The Risky Steady State and the Interest Rate Lower Bound

Board of Governors of the Federal Reserve System FEDS series [View] (2016-02, 09.01.2016)

JEL: E32, E52

Policy Externalities and Banking Integration

Board of Governors of the Federal Reserve System FEDS series [View] (2016-02, 08.01.2016)

Interpreting Shocks to the Relative Price of Investment with a Two-Sector Model

Board of Governors of the Federal Reserve System FEDS series [View] (2016-02, 07.01.2016)

JEL: E13, E32

To Cut or Not to Cut? On the Impact of Corporate Taxes on Employment and Income

Board of Governors of the Federal Reserve System FEDS series [View] (2016-02, 06.01.2016)

JEL: E62, H25

The Resolution of a Systemically Important Insurance Company during the Great Depression

Board of Governors of the Federal Reserve System FEDS series [View] (2016-02, 05.01.2016)

Deadlines and Matching

Board of Governors of the Federal Reserve System FEDS series [View] (2016-02, 04.02.2016)

Fiscal Stimulus and Firms: A Tale of Two Recessions

Board of Governors of the Federal Reserve System FEDS series [View] (2016-02, 03.02.2016)

Heterogeneity and Unemployment Dynamics

Board of Governors of the Federal Reserve System FEDS series [View] (2016-02, 02.02.2016)

Measuring the Natural Rate of Interest Redux

Board of Governors of the Federal Reserve System FEDS series [View] (2016-02, 01.02.2016)

On the Effect of Student Loans on Access to Homeownership

Board of Governors of the Federal Reserve System FEDS series [View] (2016-02, 01.02.2016)

The Role of Learning for Asset Prices, Business Cycles, and Monetary Policy

Board of Governors of the Federal Reserve System FEDS series [View] (2016-03, 09.02.2016)

JEL: D83, E32, E44, E52, G12

Dynamic Factor Models, Cointegration, and Error Correction Mechanisms

Board of Governors of the Federal Reserve System FEDS series [View] (2016-03, 08.02.2016)

JEL: C0, C01, E0

Does the United States have a Productivity Slowdown or a Measurement Problem

Board of Governors of the Federal Reserve System FEDS series [View] (2016-03, 07.02.2016)

Federal Reserve Board Statistical Releases: a Publications History

Board of Governors of the Federal Reserve System FEDS series [View] (2016-03, 06.02.2016)

Understanding Declining Fluidity in the U.S. Labor Market

Board of Governors of the Federal Reserve System FEDS series [View] (2016-03, 05.02.2016)

JEL: J11, J21, J30, J60, R23

Non-Stationary Dynamic Factor Models for Large Datasets

Board of Governors of the Federal Reserve System FEDS series [View] (2016-03, 04.03.2016)

JEL: C0, C01, E0

Modelling Overnight RRP Participation

Board of Governors of the Federal Reserve System FEDS series [View] (2016-03, 03.03.2016)

JEL: E52, E58, G21, G23

Time-varying Volatility and the Power Law Distribution of Stock Returns

Board of Governors of the Federal Reserve System FEDS series [View] (2016-03, 02.03.2016)

JEL: C58, D30, G12

What are the Perceived Barriers to Homeownership for Young Adults?

Board of Governors of the Federal Reserve System FEDS series [View] (2016-03, 01.03.2016)

JEL: D10, R1, R21, R31

Does Zoning Help or Hinder Transit-Oriented (Re)Development?

Board of Governors of the Federal Reserve System FEDS series [View] (2016-03, 01.03.2016)

JEL: H7, O18, R1, R3, R4, R5

Banking Consolidation and Small Firm Financing for Research and Development

Board of Governors of the Federal Reserve System FEDS series [View] (2016-04, 09.03.2016)

JEL: G21, G28, G39, O30

State Capacity and Public Goods: Institutional Change, Human Capital, and Growth in Early Modern Germany

Board of Governors of the Federal Reserve System FEDS series [View] (2016-04, 08.03.2016)

JEL: I25, N13, O11, O43

From Which Consumption-Based Asset Pricing Models Can Investors Profit? Evidence from Model-Based Priors

Board of Governors of the Federal Reserve System FEDS series [View] (2016-04, 07.03.2016)

JEL: G11, G12, G17

Bank regulation under fire sale externalities

Board of Governors of the Federal Reserve System FEDS series [View] (2016-04, 06.03.2016)

JEL: G20, G21, G28

The impact of unconventional monetary policy on firm financing constraints: Evidence from the maturity extension program

Board of Governors of the Federal Reserve System FEDS series [View] (2016-03, 05.03.2016)

JEL: E52, G23, G32

Microstructure Invariance in U.S. Stock Market Trades

Board of Governors of the Federal Reserve System FEDS series [View] (2016-04, 04.04.2016)

JEL: G10, G23

Time Series Model of Interest Rates With the Effective Lower Bound

Board of Governors of the Federal Reserve System FEDS series [View] (2016-04, 03.04.2016)

Real and Nominal Equilibrium Yield Curves: Wage Rigidities and Permanent Shocks

Board of Governors of the Federal Reserve System FEDS series [View] (2016-04, 02.04.2016)

JEL: D51, E43, E44, E52, G12

Government-Backed Mortgage Insurance, Financial Crisis, and the Recovery from the Great Recession

Board of Governors of the Federal Reserve System FEDS series [View] (2016-04, 01.04.2016)

JEL: G01, G21, G28

Only Winners in Tough Times Repeat: Hedge Fund Performance Persistence over Different Market Conditions

Board of Governors of the Federal Reserve System FEDS series [View] (2016-04, 01.04.2016)

JEL: G10, G23

Does Trade Liberalization with China Influence U.S. Elections?

Board of Governors of the Federal Reserve System FEDS series [View] (2016-05, 09.04.2016)

The Distributional Effects of a Carbon Tax on Current and Future Generations

Board of Governors of the Federal Reserve System FEDS series [View] (2016-04, 08.04.2016)

JEL: E62, H21, H23

Political Conflict and Foreign Portfolio Investment: Evidence from North Korean Attacks

Board of Governors of the Federal Reserve System FEDS series [View] (2016-04, 07.04.2016)

A Nowcasting Model for Canada: Do U.S. Variables Matter?

Board of Governors of the Federal Reserve System FEDS series [View] (2016-04, 06.04.2016)

JEL: C33, C53, E37

Inflation Expectations and the Stabilization of Inflation: Alternative Hypotheses

Board of Governors of the Federal Reserve System FEDS series [View] (2016-04, 05.04.2016)

Accounting for Productivity Dispersion over the Business Cycle

Board of Governors of the Federal Reserve System FEDS series [View] (2016-05, 05.05.2016)

Nowcasting Turkish GDP and News Decomposition

Board of Governors of the Federal Reserve System FEDS series [View] (2016-05, 04.05.2016)

JEL: C33, C53, E37

Firm Entry and Macroeconomic Dynamics: A State-level Analysis

Board of Governors of the Federal Reserve System FEDS series [View] (2016-05, 03.05.2016)

What does it take to list abroad? The Role of Global Underwriters

Board of Governors of the Federal Reserve System FEDS series [View] (2016-05, 01.05.2016)

A New Approach to Identifying the Real Effects of Uncertainty Shocks

Board of Governors of the Federal Reserve System FEDS series [View] (2016-05, 01.05.2016)

JEL: C11, C32, E32

News versus Sentiment: Predicting Stock Returns from News Stories

Board of Governors of the Federal Reserve System FEDS series [View] (2016-06, 08.05.2016)

JEL: G12, G14

Why are Inventory-Sales Ratios at U.S. Auto Dealerships so High?

Board of Governors of the Federal Reserve System FEDS series [View] (2016-05, 07.05.2016)

Do Rising Top Incomes Lead to Increased Borrowing in the Rest of the Distribution?

Board of Governors of the Federal Reserve System FEDS series [View] (2016-05, 06.05.2016)

JEL: D14, D63

Monetary Policy, Real Activity, and Credit Spreads: Evidence from Bayesian Proxy SVARs

Board of Governors of the Federal Reserve System FEDS series [View] (2016-06, 09.05.2016)

Optimal Unemployment Insurance and International Risk Sharing

Board of Governors of the Federal Reserve System FEDS series [View] (2016-07, 04.06.2016)

JEL: E32, E62, H21, J64

Labor Force Transitions at Older Ages: Burnout, Recovery, and Reverse Retirement

Board of Governors of the Federal Reserve System FEDS series [View] (2016-06, 03.06.2016)

Funding Liquidity Risk and the Cross-section of MBS Returns

Board of Governors of the Federal Reserve System FEDS series [View] (2016-06, 02.06.2016)

JEL: E43, E58, G1, G12, G19

Occupational Choice, Retirement, and the Effects of Disability Insurance

Board of Governors of the Federal Reserve System FEDS series [View] (2016-06, 01.06.2016)

JEL: C63, H31, J14, J24, J26

Securities Lending as Wholesale Funding: Evidence from the U.S. Life Insurance Industry

Board of Governors of the Federal Reserve System FEDS series [View] (2016-06, 01.06.2016)

JEL: G11, G22, G23

Did the Founding of the Federal Reserve Affect the Vulnerability of the Interbank System to Systemic Risk?

Board of Governors of the Federal Reserve System FEDS series [View] (2016-08, 09.06.2016)

JEL: E42, E44, E58, G21, N11, N12, N21, N22

Does Anyone Listen when Politicians Talk? The Effect of Political Commentaries on Policy Rate Decisions and Expectations

Board of Governors of the Federal Reserve System FEDS series [View] (2016-07, 08.06.2016)

Bank Capital Regulations around the World: What Explains the Differences?

Board of Governors of the Federal Reserve System FEDS series [View] (2016-07, 07.06.2016)

JEL: F33, G21, G28

For Better and for Worse? Effects of Access to High-Cost Consumer Credit

Board of Governors of the Federal Reserve System FEDS series [View] (2016-07, 06.06.2016)

JEL: D14, E21, G23

Financial Vulnerabilities, Macroeconomic Dynamics, and Monetary Policy

Board of Governors of the Federal Reserve System FEDS series [View] (2016-07, 05.06.2016)

JEL: E58, E65, G28

Trading Relationships in the OTC Market for Secured Claims: Evidence from Triparty Repos

Board of Governors of the Federal Reserve System FEDS series [View] (2016-08, 04.07.2016)

JEL: E58, G12, G24

Heterogeneity in the Dynamics of Disaggregate Unemployment

Board of Governors of the Federal Reserve System FEDS series [View] (2016-08, 03.07.2016)

International Aspects of Central Banking: Diplomacy and Coordination

Board of Governors of the Federal Reserve System FEDS series [View] (2016-08, 02.07.2016)

The Risk-Adjusted Monetary Policy Rule

Board of Governors of the Federal Reserve System FEDS series [View] (2016-08, 01.07.2016)

JEL: E32, E52

The Political Origin of Home Bias: the case of Europe

Board of Governors of the Federal Reserve System FEDS series [View] (2016-08, 01.07.2016)

JEL: D72, G01, G11

Sectoral Dynamics and Business Cycles

Board of Governors of the Federal Reserve System FEDS series [View] (2016-08, 06.07.2016)

JEL: E24, E32

Accurate Evaluation of Expected Shortfall for Linear Portfolios with Elliptically Distributed Risk Factors

Board of Governors of the Federal Reserve System FEDS series [View] (2016-08, 05.07.2016)

JEL: C46, G11

Added onto the Research Hub on 17.08.2016

Qualitative Guidance and Predictability of Monetary Policy in South Africa

South African Reserve Bank Working Papers [View] (2016-08-17, 17.08.2016)

JEL: C14, E43, E52, E58, G14