Central Bank Research Hub - What's new

Title Author(s)

Added onto the Research Hub on 20.11.2014

Dependence in a Real-Time Monetary Policy Rule

Cleveland Fed Working papers [View] (2014-11, 19.11.2014)

JEL: C22, C32, E52

Added onto the Research Hub on 18.11.2014

Demanding occupations and the retirement age in the Netherlands

Netherlands Bank DNB Working Papers [View] (2014-10, 18.11.2014)

JEL: H55, J26, J81

The net worth trap: investment and output dynamics in the presence of financing constraints

Bank of Finland Discussion Papers [View] (2014-11, 18.11.2014)

JEL: E44

Explaining Educational Attainment across Countries and over Time

St Louis Fed Working Papers [View] (2014-11, 18.11.2014)

JEL: E24, J22, J24, O1, O4

Added onto the Research Hub on 17.11.2014

Do Tenant- and Place-Based Rental Housing Programs Complement Each Other? Evidence from Ohio

Cleveland Fed Working papers [View] (2014-11, 17.11.2014)

JEL: H71, R23, R38

Leverage constraints and real interest rates

Bank of Finland Discussion Papers [View] (2014, 17.11.2014)

JEL: E44

Added onto the Research Hub on 15.11.2014

Universal Basic Income versus Unemployment Insurance

St Louis Fed Working Papers [View] (2014-11, 15.11.2014)

JEL: D7, E24, J65

Recurrent Overdrafts: A Deliberate Decision by Some Prepaid Cardholders?

Kansas City Fed Working Papers [View] (2014-10, 15.11.2014)

JEL: D12, E42, G21

Added onto the Research Hub on 14.11.2014

The effect of credit conditions on the Dutch housing market

Netherlands Bank DNB Working Papers [View] (2014-11, 14.11.2014)

JEL: C32, E44, E51, G21

Rented vs. owner-occupied housing and monetary policy

National Bank of Poland Working papers [View] (2014, 14.11.2014)

JEL: E21, E3, E51, E6

The leverage ratio over the cycle

Bank for International Settlements Working papers [View] (2014-11-14, 14.11.2014)

JEL: C32, E43, E52

Metro Business Cycles

St Louis Fed Working Papers [View] (2014-11, 14.11.2014)

JEL: C38, E32, R11, R31

Saving Europe?: The Unpleasant Arithmetic of Fiscal Austerity in Integrated Economies

Chicago Fed Working papers [View] (2014-10, 14.11.2014)

JEL: E61, E62, E66, F34, F42, F62

Added onto the Research Hub on 13.11.2014

Euro Area business cycles in turbulent times: convergence or decoupling?

Bank of France Working Papers [View] (2014-11, 13.11.2014)

JEL: C51, E32, O52

The Term Structure of the Welfare Cost of Uncertainty

Bank of France Working Papers [View] (2014-11, 12.11.2014)

JEL: E32, E44, E61, G12

A Threshold Model of the US Current Account

Dallas Fed Institute Working Papers [View] (2014-10, 13.11.2014)

JEL: E32, E65, F32, F41, F62

Federal Reserve Policy and Bretton Woods

Dallas Fed Institute Working Papers [View] (2013-10, 13.11.2014)

JEL: F31, F33, N1

Navigating Constraints: The Evolution of Federal Reserve Monetary Policy, 1935-59

Dallas Fed Institute Working Papers [View] (2013-10, 13.11.2014)

JEL: E52, E58, N12

The International Monetary and Financial System: Its Achilles Heel and What to do about it

Dallas Fed Institute Working Papers [View] (2013-10, 13.11.2014)

JEL: E40, E43, E44, E50, E52, F30, F40

The International Monetary and Financial System: A Capital Account Historical Perspective

Dallas Fed Institute Working Papers [View] (2013-10, 13.11.2014)

JEL: E40, E43, E44, E50, E52, F30, F40

The Replacement of Safe Assets: Evidence from the U.S. Bond Portfolio

Board of Governors of the Federal Reserve System International Financial Discussion Papers [View] (2014-10, 13.11.2014)

JEL: F21, F34, G11, G20

Added onto the Research Hub on 12.11.2014

Liquidity Traps and Monetary Policy: Managing a Credit Crunch

Chicago Fed Working papers [View] (2014-11, 12.11.2014)

Icelandic boom and bust: Immigration and the housing market

Central Bank of Iceland Working Papers [View] (2014-11, 12.11.2014)

JEL: E32, G12, G21, J11, R21

The Term Structure of the Welfare Cost of Uncertainty

Bank of France Working Papers [View] (2014-11, 12.11.2014)

JEL: E32, E44, E61, G12

Variable Selection in Predictive MIDAS Models

Bank of France Working Papers [View] (2014-11, 12.11.2014)

JEL: C53, E37

Added onto the Research Hub on 11.11.2014

Financial reputation, market interventions and debt issuance by banks: a truncated two-part model approach

European Central Bank Working papers [View] (2014-11, 11.11.2014)

JEL: G01, G15, G21

Exports and capacity constraints - a smooth transition regression model for six euro area countries

European Central Bank Working papers [View] (2014-11, 11.11.2014)

JEL: C22, C50, C51, F10, F14

The Evolution of Comparative Advantage: Measurement and Implications

Chicago Fed Working papers [View] (2014-10, 11.11.2014)

JEL: F11, F43, O33, O47

Estimating (Markov-Switching) VAR Models without Gibbs Sampling: A Sequential Monte Carlo Approach

Cleveland Fed Working papers [View] (2014-11, 11.11.2014)

JEL: C11, C15, C32, C52, E3, E4, E5

Rebuilding after Disaster Strikes: How Local Lenders Aid in the Recovery

Cleveland Fed Working papers [View] (2014-11, 11.11.2014)

JEL: G21, O47

Added onto the Research Hub on 08.11.2014

Inflation Experience and Inflation Expectations: Dispersion and Disagreement Within Demographic Groups

Board of Governors of the Federal Reserve System FEDS series [View] (2014-10, 08.11.2014)

Pricing decisions in an experimental dynamic stochastic general equilibrium economy

Board of Governors of the Federal Reserve System FEDS series [View] (2014-10, 08.11.2014)

JEL: C91, C92, E31, E32

"The ins and outs of mortgage debt during the housing boom and bust"

Board of Governors of the Federal Reserve System FEDS series [View] (2014-06, 08.11.2014)

Financing Constraints and Unemployment: Evidence from the Great Recession

Board of Governors of the Federal Reserve System FEDS series [View] (2014-10, 08.11.2014)

JEL: E24, E44, G20

Does education loan debt influence household financial distress? An assessment using the 2007-09 SCF Panel

Board of Governors of the Federal Reserve System FEDS series [View] (2014-10, 08.11.2014)

Added onto the Research Hub on 07.11.2014

Core and 'Crust': Consumer Prices and the Term Structure of Interest Rates

Chicago Fed Working papers [View] (2014-11, 07.11.2014)

Added onto the Research Hub on 06.11.2014

Reforming the architecture of EMU: Ensuring stability in Europe

Netherlands Bank DNB Working Papers [View] (2014-11, 06.11.2014)

JEL: E44, E58, F36, G15, G21

Adverse Selection, Risk Sharing and Business Cycles

Chicago Fed Working papers [View] (2014-11, 06.11.2014)

JEL: C63, C68, D31, D82, E32

The International Transmission of Shocks: Foreign Bank Branches in Hong Kong during Crises

San Francisco Fed Working Papers [View] (2014-10, 06.11.2014)

JEL: F65, G01, G21

Diffusion of Containerization

Board of Governors of the Federal Reserve System FEDS series [View] (2014-11, 06.11.2014)

JEL: F63, L91, N70, O33

Added onto the Research Hub on 05.11.2014

Human Capital Risk, Contract Enforcement, and the Macroeconomy

Chicago Fed Working papers [View] (2014-11, 05.11.2014)

JEL: D52, E21, E24, J24

Added onto the Research Hub on 04.11.2014

Financial Frictions, Financial Shocks, and Aggregate Volatility

Board of Governors of the Federal Reserve System FEDS series [View] (2014-10, 04.11.2014)

JEL: C11, C13, E32, E44

Carry Trade Activities: A Multivariate Threshold Model Analysis

Swiss National Bank Working Papers [View] (2014-11-04, 04.11.2014)

JEL: C15, C32, E44

Pre-crisis credit standards: monetary policy or the savings glut?

Bank of France Working Papers [View] (2014-11, 04.11.2014)

JEL: G21

The Collateral Costs of Clearing

Swiss National Bank Working Papers [View] (2014-10, 04.11.2014)

JEL: D53, D82, G13, G14, G18, G20, G28

Financial Frictions and Macroeconomic Fluctuations in Emerging Economies

Board of Governors of the Federal Reserve System International Financial Discussion Papers [View] (2014-10, 04.11.2014)

JEL: E32, E44, F44, G15

Banks, Capital Flows and Financial Crises

Board of Governors of the Federal Reserve System International Financial Discussion Papers [View] (2014-10-31, 04.11.2014)

JEL: E32, F41, F44, G15

Generating Options-Implied Probability Densities to Understand Oil Market Events

Board of Governors of the Federal Reserve System International Financial Discussion Papers [View] (2014-10, 04.11.2014)

JEL: C13, G13, G14

Bank Liquidity and Capital Regulation in General Equilibrium

Board of Governors of the Federal Reserve System FEDS series [View] (2014-10, 04.11.2014)

JEL: D52, E13, G21, G28

Macroeconomic Policy Games

Board of Governors of the Federal Reserve System FEDS series [View] (2014-09, 04.11.2014)

JEL: E44, E61, F42

An Empirical Analysis of Futures Margin Changes: Determinants and Policy Implications

Board of Governors of the Federal Reserve System FEDS series [View] (2014-09, 04.11.2014)

JEL: G01, G18, G28

Student Loans and Repayment: Theory, Evidence and Policy

St Louis Fed Working Papers [View] (2014-11, 04.11.2014)

JEL: H81, I22, I28

Added onto the Research Hub on 03.11.2014

Fiscal Policy Spillovers: Points of Employment to Places of Residence

St Louis Fed Working Papers [View] (2014-10, 24.10.2014)

JEL: E52, E62

The Euroization of Bank Deposits in Eastern Europe

Austrian National Bank Working Papers [View] (2014-11, 03.11.2014)

Population Aging, Migration Spillovers, and the Decline in Interstate Migration

New York Fed Staff reports [View] (2014-11, 03.11.2014)

JEL: D83, J11, J24, J61, R12, R23

Supervisory Stress Tests

New York Fed Staff reports [View] (2014-11, 03.11.2014)

JEL: G01, G21

CDS and Equity Market Reactions to Stock Issuances in the U.S. Financial Industry: Evidence from the 2002-13 Period

New York Fed Staff reports [View] (2014-11, 03.11.2014)

JEL: G01, G21, G32

Costly Information, Planning Complementarities and the Phillips Curve

New York Fed Staff reports [View] (2014-11, 03.11.2014)

JEL: D8, E3, E5

Potential output from a euro area perspective

European Central Bank Occasional papers [View] (2014-11-03, 03.11.2014)

JEL: E23, E25, E32, E37, O49

Bad Investments and Missed Opportunities? Capital Flows to Asia and Latin America, 1950-2007

St Louis Fed Working Papers [View] (2014-10, 03.11.2014)

Added onto the Research Hub on 01.11.2014

Interjurisdictional Competition and Location Decisions of Firms

St Louis Fed Working Papers [View] (2014-10, 01.11.2014)

JEL: C72, H21, H32, H73

A Pitfall of Expectational Stability Analysis

Kansas City Fed Working Papers [View] (2014-10, 01.11.2014)

JEL: C62

Added onto the Research Hub on 31.10.2014

Drifting Inflation Targets and Monetary Stagflation

Cleveland Fed Working papers [View] (2014-10, 31.10.2014)

JEL: E31, E52

The role of jumps in volatility spillovers in foreign exchange markets: meteor shower and heat waves revisited

St Louis Fed Working Papers [View] (2014-10, 31.10.2014)

JEL: C13, C14, C32, C58, F31, F37, F65, G15

The Impact of a One Laptop per Child Program on Learning: Evidence from Uruguay

Bank of Mexico Working Papers [View] (2014-10, 31.10.2014)

JEL: I21, I28

Added onto the Research Hub on 29.10.2014

Sovereign Default and the Choice of Maturity

St Louis Fed Working Papers [View] (2014-10, 29.10.2014)

JEL: F34, F41, G15

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

A State-space Approach to Australian GDP Measurement

Reserve Bank of Australia Research Discussion Papers [View] (2014-10, 28.10.2014)

JEL: E01, E32

Added onto the Research Hub on 25.10.2014

On the Structural Interpretation of the Smets-Wouters "Risk Premium" Shock

Chicago Fed Working papers [View] (2014-08, 25.10.2014)

JEL: E00, E1, E3, E4, E5, G1

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

The Impact of Missed Payments and Foreclosures on Credit Scores

Cleveland Fed Working papers [View] (2014-10, 24.10.2014)

JEL: D1, G2, R2

AIG in Hindsight

Chicago Fed Working papers [View] (2014-10, 24.10.2014)

Debt-Overhang Banking Crises

Cleveland Fed Working papers [View] (2014-10, 24.10.2014)

JEL: G01, G28

Fiscal Policy Spillovers: Points of Employment to Places of Residence

St Louis Fed Working Papers [View] (2014-10, 24.10.2014)

JEL: E52, E62

Added onto the Research Hub on 23.10.2014

What is the Equity-Efficiency Tradeoff when Maintaining Wells in Rural Haiti?

Cleveland Fed Working papers [View] (2014-10, 23.10.2014)

JEL: I10, O1, O2, O3, Q2

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

The Glass Ceiling and the Paper Floor: Gender Differences among Top Earners, 19812012

Minneapolis Fed Working Papers [View] (2014-10, 23.10.2014)

JEL: E24, G10, J31

Loan loss provisioning, bank credit and the real economy

Netherlands Bank DNB Working Papers [View] (2014-10-22, 23.10.2014)

JEL: E44, G21

Added onto the Research Hub on 22.10.2014

Evaluating a Structural Model Forecast: Decomposition Approach

Czech National Bank Research and Policy notes [View] (2014-08, 22.10.2014)

JEL: C53, E01, E47

Pricing sovereign credit risk of an emerging market

National Bank of Poland Working papers [View] (2014, 22.10.2014)

JEL: C11, C32, G01, G12, G15

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

When firms and industries matter: understanding the sources of productivity growth

Bank for International Settlements Working papers [View] (2014-10-21, 21.10.2014)

JEL: F14, L60, O47

The effects of ratings-contingent regulation on international bank lending behavior: Evidence from the Basel 2 accord

Bank of Finland Discussion Papers [View] (2014, 21.10.2014)

JEL: E44, F34, G21, H63

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 18.10.2014

Unemployment Flows, Participation, and the Natural Rate for Turkey

Cleveland Fed Working papers [View] (2014-10, 18.10.2014)

JEL: E24, E32, J64

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

False News, Informational Efficiency, and Price Reversals

Bank of France Working Papers [View] (2014-10, 17.10.2014)

JEL: G10, G12, G14